All Corporations articles – Page 171
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Billabong International's board of directors announced yesterday that it has...
Billabong International's board of directors announced yesterday that it has rejected a revised takeover offer by TPG Capital, a subsidiary of Texas Pacific Group. The new proposal calls for the same indicative price of 3.00 Australian dollars per share that the American equity fund had offered before Billabong came out ...
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Exceed Company, the Chinese owner of the Xidelong brand of...
Exceed Company, the Chinese owner of the Xidelong brand of sportswear, has put down a $7.4 million deposit toward the purchase of a land parcel of 400,000 square meters in Ruichang, Jiangxi Province. The company intends to set up a new operating subsidiary there as well as a new production ...
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Devanlay, the global license holder for Lacoste, is hiring more...
Devanlay, the global license holder for Lacoste, is hiring more than 200 people in production as it relaunches the brand. The hiring, taking place over the next two years, will increase the company's workforce by 20 percent. Devanlay told just-style.com that all of the jobs will be in positions across ...
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Orange 21, parent company of Spy Optics, has changed its...
Orange 21, parent company of Spy Optics, has changed its name to Spy Inc., reflecting its decision to concentrate on this brand
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Indicating that it is discussing possible acquisitions of outdoor companies...
Indicating that it is discussing possible acquisitions of outdoor companies in the $25-50 million range, Black Diamond Equipment Inc. said it intends to issue 7.75 million new shares, priced at $7.50, to obtain gross proceeds of about $58.1 million. It is also granting an option to purchase an additional 1,162,500 ...
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Adding a fifth property to its roster of apparel brands,...
Adding a fifth property to its roster of apparel brands, Perry Ellis has acquired the global intellectual rights to the Ben Hogan brand for apparel and accessories from Callaway Golf. The deal, whose price was not disclosed, covers South Korea and Japan as well. Perry Ellis is already the licensee ...
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The shareholders of Hot Tuna have approved all the resolutions...
The shareholders of Hot Tuna have approved all the resolutions presented to them, including the sale of the Hot Tuna brand name and some of its inventory to Sports Direct International for £950,000 (€1.1m-$1.5m). As a result, the British surfwear company is winding down all its operations in the U.K., ...
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Alpargatas, the big Brazilian shoe company that owns the Havaianas...
Alpargatas, the big Brazilian shoe company that owns the Havaianas and Topper brands, is considering acquisitions abroad, according to the Bloomberg news agency. It also intends to expand into new markets in Asia and to boost its distribution operations in other countries such as the U.K. and the U.S. While ...
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Amer Sports has been informed that Orkla of Norway has...
Amer Sports has been informed that Orkla of Norway has reduced its holdings in the Finnish group below 5 percent of the total equity, down to 3.2 percent as of Feb. 6. Orkla was previously a major investor in Viking and Helly Hansen, among other companies. The Norwegian fund bought ...
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Phil Knight has declared to the U.S. Securities & Exchange...
Phil Knight has declared to the U.S. Securities & Exchange Commission that it owned 67,104,745 shares in Nike as of last Dec. 31, or 15.41 percent of its Class A and B stock. An additional 3,509,800 shares were held by his wife, by a couple of partnerships in which he ...
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Anxious to expand its market position in the U.K., Décathlon...
Anxious to expand its market position in the U.K., Décathlon confirms a report that it studied the possible acquisition of some of the British megastores of Best Buy, the big American specialty retailer of consumer electronics. However, another retailer, Morrisons, has bought them instead for its Kiddicare chain of children's ...
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Kevin Plank, the chief executive of Under Armour, has sold...
Kevin Plank, the chief executive of Under Armour, has sold 135,000 shares in the company for $10.67 million. He still has 11.06 million shares worth about $900 million.
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Minestone Limited, a European investment firm, has bought Marin Bikes,...
Minestone Limited, a European investment firm, has bought Marin Bikes, a privately held company. On the company's blog, Robert Buckley, the president and founder of Marin, said that the purchase would allow the bike company to invest more in product innovation, marketing and human resources. The company will still be ...
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Exceed Company, the Chinese owner and operator of the Xidelong...
Exceed Company, the Chinese owner and operator of the Xidelong brand of sportswear from Fujian, has extended the date for the expiration of its existing US$10 million share repurchase program from Feb. 14 to Aug. 14. It has already spent $2.1 million under the scheme and still has $7.9 million ...
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Pon Holdings, the Dutch-based international trading and service company that...
Pon Holdings, the Dutch-based international trading and service company that recently acquired Derby Cycle, Gazelle and Cérvelo, has grouped these assets into a newly created Pon Bicycles Business Group, according to Bike Europe. It will be based in the German town of Cloppenburg, where Derby has its head office. The ...
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Short stops
Peter Wolf, a former head of Karstadt's sporting goods operations...
Peter Wolf, a former head of Karstadt's sporting goods operations who acquired a stake in the Golf House retail chain in 2010, is said to have invested in Kaiorize, a celebrity product placement agency with offices in Germany and the U.S.
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Since Jacques Krauze left his position at the head office...
Since Jacques Krauze left his position at the head office of Courir, the retail chain owned by Groupe Go Sport, several months ago, he has formed his own consulting firm, Creative Retail and Merchandising
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Amer Sports has decided to cancel 3,000,000 own shares, representing...
Amer Sports has decided to cancel 3,000,000 own shares, representing 2.5 percent of the company's equity. After the cancellation, Amer will have a total of 118,517,285 outstanding shares, including 1,012,125 treasury shares. Separately, the Finnish group has confirmed that it will redeem €60 million worth of hybrid bonds issued in ...
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Giorgio Armani is serious about the sporting goods sector. EA7,...
Giorgio Armani is serious about the sporting goods sector. EA7, the division of the Italian fashion house that handles seven sports categories in this segment, became an independent business unit within the company last year, with a staff of about 80 people, compared with only 30 two years ago. The ...
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Acting through its holding company, Edizione Holding, the Benetton family...
Acting through its holding company, Edizione Holding, the Benetton family is proposing to take Benetton Group private by offering €276.6 million, or €4.60 a share for the 32.92 percent stake it doesn't own. The price represents a premium of 15 percent above the stock market quotation of €3.98 on the ...
