All Corporations articles – Page 167
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Rapala, the Finnish company specializing in fishing products, said it...
Rapala, the Finnish company specializing in fishing products, said it would restructure its reporting categories after the divestment of its gift business last December. This made up nearly half of the Other Group Products division. It was therefore decided to bundle the remaining parts of this division, mostly consisting of ...
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VF Corporation has inaugurated a new, environment-friendly corporate head office...
VF Corporation has inaugurated a new, environment-friendly corporate head office for three brands of its outdoor division – The North Face, JanSport and Lucy activewear – on a 14-acre property in Alameda, California. Accommodating more than 470 employees, the 160,000-square-foot campus comprises a fitness center, an outdoor training area, an in-house ...
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La Sportiva, the Italian brand of mountaineering shoes, has inaugurated an expanded headquarters...
La Sportiva, the Italian brand of mountaineering shoes, has inaugurated an expanded headquarters at Ziano di Fiemme, where some of the brand's production is also located. The new building is directly connected to the old one and contains the offices and the showrooms. The older building continues to house the manufacturing plant, the ...
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Just over half a million shares of Ming Le Sports,...
Just over half a million shares of Ming Le Sports, a Chinese sportswear company, were listed in an initial public offering on the Frankfurt stock exchange a few days ago. The shares started trading at €13.20. The Chinese company wants to use the proceeds of about €5.8 million to invest in a new ...
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Mizuno is taking over Senoh Corporation, a 104-year-old Japanese maker...
Mizuno is taking over Senoh Corporation, a 104-year-old Japanese maker of equipment for indoor sports facilities, at an undisclosed price. Specializing in gymnastics, basketball, volleyball, fitness and martial arts, Senoh has been an official supplier to the Olympic Games since they were held in Tokyo in 1964. It received an ...
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News briefs
To mark the 50th anniversary of the opening of its...
To mark the 50th anniversary of the opening of its manufacturing plant in Irvine, Scotland, Wilson Golf christened its new EMEA Wilson Golf Competency Center there this month. Paul Lawrie, the winner of the 1999 Open and a Wilson athlete, was on hand to celebrate the opening of the center, ...
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Dorel Industries' Cycling Sports Group (CSG) is opening a 600-square-meter...
Dorel Industries' Cycling Sports Group (CSG) is opening a 600-square-meter research and development facility in Freiburg, Germany, this summer. It joins R&D facilities in Bethel, Connecticut, and Taichung, Taiwan, and puts the company close to the heart of the European cycling market. It is located close to the Black Forest, ...
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News briefs
DVS Shoe, an American action sports company owned by the...
DVS Shoe, an American action sports company owned by the Dunlap family, is set to to be acquired by Sequential Brands Group, the parent company of the William Rast and People's Liberation brands, for about $8.55 million in cash. Sequential Brands issued the highest offer at the bankruptcy court auction ...
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The Adidas Group has signed a revolving credit facility worth...
The Adidas Group has signed a revolving credit facility worth €500 million with a pool of banks, following an oversubscribed offer. The new five-year facility incorporates two options for a one-year extension which are to be excercised at the end of the first and the second year, respectively. With the ...
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For an undisclosed amount, Shock Doctor, the U.S. specialty brand...
For an undisclosed amount, Shock Doctor, the U.S. specialty brand of mouthguards and other protective equipment for team sports and fitness activities, has acquired Cutters, a marketer of sports gloves for football and other sports based in Phoenix, Arizona. The new combination sees big growth potential for Cutters since the ...
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Short stops
Oriel Securities has been appointed joint corporate broker to Sports...
Oriel Securities has been appointed joint corporate broker to Sports Direct International, alongside Merrill Lynch
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The board of Rapala VMC Corporation has approved a new...
The board of Rapala VMC Corporation has approved a new share-based incentive plan for key personnel. The plan includes one earning period, running from April 1, 2012, to June 30, 2013. The potential reward from the plan will be based on the development of Rapala's inventory levels and Ebitda. Any ...
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The Spanish group Jim Sports, based in Melida and distributor...
The Spanish group Jim Sports, based in Melida and distributor of such brands as Slazenger and Carlton, has acquired for an undisclosed amount the Catalan brand Squba, specializing in high-performance swimwear and previously owned by Barcelona-based Mildosport. With the incorporation of Squba, Jim Sports enters for the first time the ...
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A report is circulating that MBT has found a buyer,...
A report is circulating that MBT has found a buyer, but this could not be confirmed at the time of going to press. Meanwhile, following on the bankruptcy of the company in May, its Scandinavian sales organization has followed suit.
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Under Armour has announced its first two-for-one stock split of...
Under Armour has announced its first two-for-one stock split of its outstanding common stock. The stock split will take the form of a dividend of one share of Class A Common Stock for each share of Class A Common Stock outstanding and one share of Class B Common Stock for ...
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News briefs
Meryl Fiber, the French-Italian manufacturer of nylon fibers, has been...
Meryl Fiber, the French-Italian manufacturer of nylon fibers, has been ordered by a bankruptcy court to immediately shut down its French factory, which employs 343 people. The company suffered a big loss in 2011 as its sales dropped to €70 million from €85 million the year before. A cash squeeze ...
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CDC Enterprises has injected €1.6 million more into Avance Diffusion,...
CDC Enterprises has injected €1.6 million more into Avance Diffusion, parent company of Degré 7, Duvillard and other apparel brands, bringing up its total investment in the French company to €4.5 million since its first step in August 2010. Including other brands, Avance Diffusion had total revenues of more than ...
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None of 125 people working at the head office of...
None of 125 people working at the head office of Champion Europe in Carpi was injured. Same for the 75-odd employees at the nearby office in Campogalliano of Game 7 Athletics, the Italian sporting goods retail chain owned by Champion Europe. However, they were all told to go home last Tuesday, after the second shock ...
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DVS Shoe, the American action sports company that filed for...
DVS Shoe, the American action sports company that filed for Chapter 11 bankruptcy protection last week, is hoping to draw bids of at least $4.3 million at an auction to be held in June – if approved by the bankruptcy court. The company filed for bankruptcy protection under a procedure ...
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Sport-Master, the largest cooperative of sporting goods retailers in Denmark,...
Sport-Master, the largest cooperative of sporting goods retailers in Denmark, is going to become an integrated retail chain. An equity investment company, Nordic Capital Fund VII, has signed an agreement to take it over, along with its parent company, Sport Danmark, and 96 percent of its 100-plus affiliated stores trading ...
