All Corporations articles – Page 161
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Patric Sport, the Spanish company that owns and markets the...
Patric Sport, the Spanish company that owns and markets the Rox brand of sports apparel, is ran into bankruptcy proceedings last December, according to Tradesport. Rox, which went bankrupt before, had been one of the leading sports brands in Spain in the 1980s and 1990s.
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Sergio Tacchini has informed its Spanish customers that it is...
Sergio Tacchini has informed its Spanish customers that it is shutting down its 28-year-old Spanish sales subsidiary. As previously reported in SGI Europe, the Italian brand is reorganizing operations internationally, seeking licensees for all its products with the help of IMG.
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The Leclercq family, which founded Décathlon and owns a significant...
The Leclercq family, which founded Décathlon and owns a significant stake in its parent company, Oxylane, has injected an unspecified amount into a French investment fund that helps innovative companies to start up and grow. A manager of the fund, called L'Accélérateur, said the new equity will allow it to ...
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OrthoLite has inaugurated its first factory in Vietnam, which is...
OrthoLite has inaugurated its first factory in Vietnam, which is set to produce about 3 million pairs of open-cell foam insoles per month. The new 13,000-square-meter facility is located in Thuan An Town, in the Binh Duong province, one of the biggest industrial areas in the country and about 45 ...
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Pull-In is not going to merge as previously planned with...
Pull-In is not going to merge as previously planned with Coalision, the Canadian group that owns the Orage and Lolë brands. Pull-In is a French brand of underwear founded by Emmanuel Lohéac, a former manager of DC Shoes. He wanted to join forces with Bernard Mariette, former president of Quiksilver ...
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Converse is moving its world headquarters about 30 miles down...
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. ...
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Rumors continue to abound in Britain about the new investment...
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. ...
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The Accell Group in the Netherlands, which owns a slew...
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 ...
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An American investment company, Open Gate Capital, has acquired Zodiac...
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 ...
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Joma's intranet is said to have registered a doubling in traffic over...
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 ...
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Shares of Skullcandy, the headphone maker, received a little support...
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 ...
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On Dec. 10, FMR, a large equity fund known as...
On Dec. 10, FMR, a large equity fund known as Fidelity Investments, became the second-largest shareholder of Accell Group when its stake in the company surpassed 10 percent. Accell, whose stockmarket value had been in a decline, saw its share rating climb after the investment. As of July 2011, FMR ...
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Cocona has raised $15 million in a new round of...
Cocona has raised $15 million in a new round of equity financing to help streamline its operations, expand its product line, develop new applications for its technology and build up its brand. A new minority shareholder, controlled by H.I.G. Growth Partners, has emerged through the deal. Two earlier minority investors, ...
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K2 Sports has added a 16th brand to its portfolio...
K2 Sports has added a 16th brand to its portfolio with the acquisition of Backcountry Access, an innovative supplier of snow safety and backcountry ski equipment including avalanche airbags and beacons, shovels, probes, backcountry packs and snow climbing skins. Founded in 1994, the company's staff will remain based in Boulder, Colorado. It will ...
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Russell Brands is laying off 190 workers, or nearly half...
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.
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The previously reported merger of Aldila into Mitsubishi Rayon America...
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
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Apax Partners is preparing a senior secured financing package for...
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.
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Invista has received approval from the Shanghai Environmental Protection Bureau...
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 ...
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Rapala VMC Corporation has redefined the classification of certain balance...
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 ...
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Powerslide has expanded its offices and warehouse in Bavarian town...
Powerslide has expanded its offices and warehouse in Bavarian town of Bindlach
