All Corporations articles – Page 176
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Asolo denies a rumor according to which the company would...
Asolo denies a rumor according to which the company would be taken over by Oxylane, the French retail giant that owns Décathlon
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The members of Intersport España, who have already decided to...
The members of Intersport España, who have already decided to change the buying group from a cooperative into a limited partnership, have now approved a plan to set up a separate company, Intersport CCS, to act as their buying and service company. Don Enrique Roura Bonet of Body Molina is ...
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Tharanco Lifestyles, the American company that took over the Greg...
Tharanco Lifestyles, the American company that took over the Greg Norman Collection of golf apparel at the beginning of 2009, has agreed to also acquire Dunning Golf, a Canadian company specializing in high-performance golf clothing. Ralph Dunning, who founded it in 2001, will continue to hold a share in the ...
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A Dutch sports retailer, Telstar Sport & Fashion, has taken...
A Dutch sports retailer, Telstar Sport & Fashion, has taken over the former Hink Sport megastore in Alkmaar, which is about 5,000 square meters, from its receivers. Telstar already has five such megastores and has advanced plans to open two more in Apeldoorn and Groningen. Hink Sport, a prominent member ...
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Nike's Sustainable Business & Innovation Lab is setting up a...
Nike's Sustainable Business & Innovation Lab is setting up a venture capital operation that will look for and fund alternative energies and better business practices. Bloomberg has reported that SBI will invest money in startup businesses that develop sustainable practices or that help promote more healthful living. The SBI was ...
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El Corte Inglés is said to be interested in a...
El Corte Inglés is said to be interested in a possible investment in Kaufhof. The Spanish and German department store chains are both deeply involved in the sporting goods sector, and the Spanish one is looking for expansion opportunities outside its home market, where it already has a dominant position. ...
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The Odlo Sports Group is investing massively in its European...
The Odlo Sports Group is investing massively in its European logistics and manufacturing facilities: The Swiss brand will bundle its central logistics and the administration of its German operations at a modern new site of more than 26,000 square meters in Brüggen, Germany. Construction will start in March 2012, and ...
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Billabong has completed its acquisition of Surfection, an Australian retailer,...
Billabong has completed its acquisition of Surfection, an Australian retailer, in exchange for Billabong shares
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Head NV and HTM Sport, a subsidiary of Head, announce...
Head NV and HTM Sport, a subsidiary of Head, announce that, on Oct. 21, they expect to redeem in full their outstanding senior secured notes due in 2012. The total redemption price for the notes is expected to be €29.4 million: the principal amount of €28.8 million and accrued and ...
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Platou Sport, the only independent outdoor retail chain in Norway,...
Platou Sport, the only independent outdoor retail chain in Norway, has been bought out by its managers. In two separate transactions, Henrik Platou, whose grandfather established the company in Bergen, sold all his remaining shares in the two companies that own the six Platou stores (more in The Outdoor Industry ...
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Jochen Zeitz, the former chief executive of Puma who now...
Jochen Zeitz, the former chief executive of Puma who now runs the sport and lifestyle segment of PPR, has disposed of 4,500 Puma shares, currently worth a little over €1 million, according to an announcement on voting rights released by the German company
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Timberland has taken over the distribution in Greece, following the...
Timberland has taken over the distribution in Greece, following the financial problems of its former partner there, Ridenco, which were apparently caused by the difficult economic and financial situation in the country. Two other brands, Nautica and La Martina, have also terminated their agreements with the Greek group. Timberland's office ...
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Kesko has concluded its acquisition of 12 Intersport stores in...
Kesko has concluded its acquisition of 12 Intersport stores in Russia and plans to acquire 24 more by the end of this year. As planned, the Finnish retail conglomerate has set up a new Russian company in which it holds an 80 percent stake. The balance is owned by the ...
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Deckers Outdoor Corporation has entered into a new $200 million...
Deckers Outdoor Corporation has entered into a new $200 million secured revolving credit facility that contains a $50 million sublimit for the issuance of letters of credit and a $5 million sublimit for swingline loans. The company has the option to increase the maximum principal amount available under the credit ...
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By autumn 2012, L-Fashion Group is expected to move into...
By autumn 2012, L-Fashion Group is expected to move into a new 11,500-square-meter head office in Helsinki, about five kilometers away from its present location
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VF Corporation got proceeds of about $892 million from the...
VF Corporation got proceeds of about $892 million from the sale of $900 million in notes due in 2013 and 2021 in order to finance its acquisition of Timberland
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Canadian Tire has completed the acquisition of Forzani Group through...
Canadian Tire has completed the acquisition of Forzani Group through a subsidiary called FGL Acquisition, taking the company out of the Toronto stock exchange. It has also appointed a new management for FGL led by Michael Medline. The former chief executive of Forzani, Bob Sartor, is leaving, and its former ...
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A U.S. company called Compass Diversified Holdings has agreed to...
A U.S. company called Compass Diversified Holdings has agreed to pay $257.5 million for a stake of 89.9 percent in the holding company of Camelbak, the leading supplier of portable hydration equipment for cyclists, hikers and other athletes. The price is based on an enterprise value of $245.0 million and ...
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Jack Wolfskin has ambitious financial goals for this year. The...
Jack Wolfskin has ambitious financial goals for this year. The company is going back into the Canadian market and opening a new store in France (more in The Outdoor Industry Compass).
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Anta, the Chinese footwear brand, plans to invest in a...
Anta, the Chinese footwear brand, plans to invest in a new production facility for leather footwear in Shangqiu, a city in Henan province. The company will put more than $150 million toward the project. Shangqiu, which has a population of 7.5 million and is a central hub for several railway ...
