All Corporations articles – Page 160

  • News briefs

    Gio-Goi, an urban fashion brand partly owned by the Pentland...

    2013-02-01T00:00:00Z

    Gio-Goi, an urban fashion brand partly owned by the Pentland Group, went into administration (a form of bankruptcy) last week. The Guardian reports that Sports Direct International (SDI), the largest British sports retailer and wholesaler, is in talks to acquire the brand. SDI, which has been diversifying into fashion, already bought ...

  • News briefs

    Boa Technology, the maker of the patented Boa Closure System,...

    2013-02-01T00:00:00Z

    Boa Technology, the maker of the patented Boa Closure System, has announced that it will open an office in Europe in 2013. The precise location of the new office is not yet finalized. The company currently has offices in Steamboat Springs and Denver, Colorado, as well as Chiba, in Japan, ...

  • News briefs

    Vittoria Industries, the Italian maker of tires for bicycles, has opened...

    2013-02-01T00:00:00Z

    Vittoria Industries, the Italian maker of tires for bicycles, has opened a new tire compound factory near Bangkok employing about 60 people. This will be the first facility for a tire maker to use Nanographyte in its compounds. Developed by Directa Plus S.p.A., with which Vittoria has a joint venture, Nanographyte ...

  • News briefs

    Sequential Brands Group has announced that it has closed the...

    2013-02-01T00:00:00Z

    Sequential Brands Group has announced that it has closed the merger of Heelys into a subsidiary of Sequential. The company had entered into an agreement, dated Dec. 7, 2012, to acquire Heelys through a merger process, subject to a number of terms and conditions that have since been fulfilled. The approval ...

  • News briefs

    Sole Technology, the group selling action sports brands from Etnies...

    2013-02-01T00:00:00Z

    Sole Technology, the group selling action sports brands from Etnies to Emerica, Altamont and ThirtyTwo, has moved into a new European head office in the Houthavens district of Amsterdam. The company first set up its European office in the Dutch capital in 2007, but the new building is equipped with ...

  • News briefs

    Shares of Skullcandy, the headphone maker, received a little support...

    2013-01-18T00:00:00Z

    Shares of Skullcandy, the headphone maker, received a little support last week amid talk that it may be a takeover target. Nike was among the potential suitors listed by Bloomberg, along with Sony, Samsung, Microsoft and Bose. The company's shares were listed in July 2011 at an initial offering price ...

  • News briefs

    Joma's intranet is said to have registered a doubling in traffic over...

    2013-01-18T00:00:00Z

    Joma's intranet is said to have registered a doubling in traffic over the last year, with particularly strong rates of participation by clients in Europe, according to an article in Tradesport. They use it to check the availability of the merchandise in real time, to place orders, to follow their execution and to ...

  • News briefs

    An American investment company, Open Gate Capital, has acquired Zodiac...

    2013-01-18T00:00:00Z

    An American investment company, Open Gate Capital, has acquired Zodiac Plaisance, known internationally as Zodiac Recreational, which claims to be the world's leading supplier of rigid inflatable boats, also distributed under the Avon and Bombard brand names. Including the manufacture of multi-layer insulations for satellites and stratospheric balloons, the French-based ...

  • News briefs

    The Accell Group in the Netherlands, which owns a slew...

    2013-01-18T00:00:00Z

    The Accell Group in the Netherlands, which owns a slew of bicycle and fitness brands, said that it would quit producing and assembling bicycles at the Raleigh plant in Canada this year. Accell bought the Raleigh Cycle group last year, partly to expand its business in North America. About 135,000 ...

  • News briefs

    Rumors continue to abound in Britain about the new investment...

    2013-01-18T00:00:00Z

    Rumors continue to abound in Britain about the new investment intentions of Mike Ashley, the majority shareholder of Sports Direct International (SDI), which is the leading British sports retailer and wholesaler. The most recurrent reports are that he wants to acquire House of Fraser, a British chain of department stores. ...

  • News briefs

    Converse is moving its world headquarters about 30 miles down...

    2013-01-18T00:00:00Z

    Converse is moving its world headquarters about 30 miles down the road to Boston, leaving its former spot in North Andover, Massachusetts. The new space is being developed by Related Companies and the Beal Companies in the North End area of the city, as part of the Lovejoy Wharf project. ...

  • News briefs

    Derby Cycle should be delisted from the Frankfurt Stock Exchange,...

    2013-01-09T00:00:00Z

    Derby Cycle should be delisted from the Frankfurt Stock Exchange, since Pon Holding Germany, a fully-owned subsidiary of Pon Holdings in the Netherlands, became the sole shareholder of the German bicycle group. Pon already owned more than 95 percent of Derby and a squeeze-out was agreed at a shareholders' meeting ...

  • News briefs

    A consortium headed by Paul Naude, the former head of...

    2013-01-09T00:00:00Z

    A consortium headed by Paul Naude, the former head of Billabong International's Americas business, has been allowed to carry out due diligence on the troubled Australian company with an eye to a possible buyout. Naude, partnering with Sycamore Partners and Bank of America Merrill Lynch, laid a bid of ...

  • News briefs

    The board of directors of Globe International and its chief...

    2013-01-09T00:00:00Z

    The board of directors of Globe International and its chief executive, Matt Hill, who together own 70.7 percent of the company's shares, has unanimously rejected the takeover offer made a few weeks ago by Mariner Corporation, followed by a replacement bidder's statement. Among other reasons for the rejection, the ...

  • Short stops

    Powerslide has expanded its offices and warehouse in Bavarian town...

    2013-01-09T00:00:00Z

    Powerslide has expanded its offices and warehouse in Bavarian town of Bindlach

  • News briefs

    Rapala VMC Corporation has redefined the classification of certain balance...

    2013-01-09T00:00:00Z

    Rapala VMC Corporation has redefined the classification of certain balance sheet items. The change in presentation leads to changes in the calculation of some key figures. For example, the return on equity for the third quarter of 2012 comes out as 3.7 percent, compared with the previously published ratio of ...

  • News briefs

    Invista has received approval from the Shanghai Environmental Protection Bureau...

    2013-01-09T00:00:00Z

    Invista has received approval from the Shanghai Environmental Protection Bureau for a new plant to make hexamethylenediamine (HMD), an organic compound used for the production of nylon 6-6 and other polymers. With a capacity to produce 215,000 tonnes of HMD per year, the facility will be located at the Shanghai Chemical ...

  • News briefs

    Apax Partners is preparing a senior secured financing package for...

    2013-01-09T00:00:00Z

    Apax Partners is preparing a senior secured financing package for its $570 million acquisition of Cole Haan from Nike. The transaction will reportedly involve a $270 million, seven-year term loan and a $100 million asset-based revolving credit.

  • Short stops

    The previously reported merger of Aldila into Mitsubishi Rayon America...

    2013-01-09T00:00:00Z

    The previously reported merger of Aldila into Mitsubishi Rayon America has been approved by more than 93% of the shareholders of the American carbon fiber shaft maker

  • News briefs

    Russell Brands is laying off 190 workers, or nearly half...

    2013-01-09T00:00:00Z

    Russell Brands is laying off 190 workers, or nearly half of its staff, at its apparel decoration factory in Alexander City, Alabama. Owned by Fruit of the Loom, which in turn is controlled by Berkshire Hathaway, Russell Brands is the parent of Russell Athletic, Jerzees, Spalding and Bike brands.