All Corporations articles – Page 176
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News briefs
Yue Yuen Industrial has halted production at its large facility...
Yue Yuen Industrial has halted production at its large facility in Guandong Province because of a strike by its workers. It is not sure whether production has resumed already, although industry sources indicate that the management reached a settlement with the strikers, promising improved conditions with regard to overtime pay ...
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News briefs
Nike is moving its Madrid headquarters from a town to...
Nike is moving its Madrid headquarters from a town to the north of Madrid into a landmark building in the heart of the city. The new office will be in the Palacio del Marqués de Miraflores near the Prado Museum. The Iberian office remains in the region of Barcelona. The ...
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News briefs
It looks like Mustad, the Norwegian hook manufacturer, might be...
It looks like Mustad, the Norwegian hook manufacturer, might be out of limbo. Over the last several months, various companies have been cited as wanting to buy the troubled company, including Rapala and Pure Fishing. However, the owner of NLI Utvikling, a Norwegian industrial and investment company, has informed the ...
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News briefs
SRAM has postponed its initial public offering until next summer,...
SRAM has postponed its initial public offering until next summer, according to Bicycle Retailer and Industry News. The supplier of bike components was planning to raise money to buy out the stake purchased in the company by Trilantic Capital Partners in 2009. At the Taichung Bike Week, SRAM presented an ...
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News briefs
Reebok is shifting its project to sell very low-priced shoes...
Reebok is shifting its project to sell very low-priced shoes from Bangladesh to India. A test for the social project was launched last year, after the Adidas Group's chief executive, Herbert Hainer, held talks in 2008 with Muhammad Yunus, the Bangladeshi economist who received the Nobel Peace Prize with the ...
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Short stops
Head has bought back 607,207 ordinary shares, representing 0.66 percent...
Head has bought back 607,207 ordinary shares, representing 0.66 percent of its issued share capital, at a cost of €424,745
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News briefs
Nike is boosting its quarterly dividend by 16 percent to...
Nike is boosting its quarterly dividend by 16 percent to 36 cents, payable next Jan. 3 to shareholders of record at the close of business on Dec. 5. The company points out that it has raised its dividends for 10 years in a row and that it has more than ...
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News briefs
Cybex is allowed to continue trading on the Nasdaq stock...
Cybex is allowed to continue trading on the Nasdaq stock exchange until at least Jan. 2, by which time it must formally disclose an equity position of at least $10 million. The American fitness equipment company will also have to trade above $1 per share on Nasdaq for at least ...
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Short stops
Easton-Bell Sports is helping Chinese suppliers to implement lean manufacturing...
Easton-Bell Sports is helping Chinese suppliers to implement lean manufacturing techniques
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News briefs
Erhard Sport, the German supplier of sports products and sports...
Erhard Sport, the German supplier of sports products and sports facilities discussed in our Oct. 26 issue, has taken another important step in its development by taking over the management of www.dtb-shop.de, the web store of DTB, the German Gymnastics Federation. Its online shop will offer more and more Erhard ...
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Short stops
Accell Group is reportedly looking for more acquisitions in southern...
Accell Group is reportedly looking for more acquisitions in southern Europe as well as in the U.S.
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News briefs
Brown Shoe Company has finalized the sale of its men's...
Brown Shoe Company has finalized the sale of its men's basketball and lifestyle shoe brand, And 1, to Galaxy International for $55 million in cash. Brown Shoe plans to use the proceeds from the deal to pay down debt. The U.S. shoe retail and wholesale company acquired And 1 in ...
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Short stops
LG Fashion, the Korean licensee of Intersport and distributor of...
LG Fashion, the Korean licensee of Intersport and distributor of various international sports and outdoor brands, has acquired Allegri, a famous Italian brand of rainwear
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News briefs
Patagonia has completed the installation of a 27.6-kilowatt solar power...
Patagonia has completed the installation of a 27.6-kilowatt solar power system on the roof of its Firehouse, an energy-efficient administrative building at its campus in Ventura, California. The new facility should supply half of the building's total energy requirements. Six years ago, Patagonia nstalled a 66-kilowatt solar power system on ...
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News briefs
Accell Group, the Dutch company that owns several bicycle and...
Accell Group, the Dutch company that owns several bicycle and fitness brands, said that it had made a book profit of €17 million with the sale of its 22 percent stake in Derby Cycle to Pon Holdings, at a price of €28 per share. Accell bought 5.7 percent of the ...
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News briefs
Berkshire Partners of Boston has acquired full ownership of Masai...
Berkshire Partners of Boston has acquired full ownership of Masai Barefoot Technology, better known as MBT. The American investment company had acquired an initial minority stake in the Swiss-based producer of physiological footwear in 2007. The two other partners, Hermann Oberschneider and Klaus Heidegger, have cashed out. In connection ...
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Short stops
Standard & Poor's has raised its rating of Foot...
Standard & Poor's has raised its rating of Foot Locker from stable to positive following its recent increases in sales and margins, citing recent improvement in merchandising and inventory control, and lower sales promotions
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News briefs
The past two winters have been successful ones for Swedish...
The past two winters have been successful ones for Swedish ski resorts. As a result, they are now planning investments of nearly 900 million Swedish kronor (€98.7m-$137.0m) for the 2011-12 ski season, reports Sportfack. The investments will come in the form of new lifts, improved snowmaking, expansion of ...
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Short stops
Ecco has suspended its big shoe and leather manufacturing...
Ecco has suspended its big shoe and leather manufacturing operation in the Ayutthaya area of Thailand due to massive flooding (more in Shoe Intelligence)
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News briefs
Brooks Sports will move its head office from Bothell, a...
Brooks Sports will move its head office from Bothell, a little town near Seattle, to the Fremont/Wellingford area of the same city at the end of 2013. There will be 80,000 square feet of offices and the first Brooks concept shop.
