All Corporations articles – Page 181
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Short stops
CNPC Sport, the French training institution for the personnel of...
CNPC Sport, the French training institution for the personnel of sporting goods stores, has opened its seventh location in the country and the first one in Paris
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News briefs
Spanish investors have injected a total of €930,000 into LN+Iberoamérica,...
Spanish investors have injected a total of €930,000 into LN+Iberoamérica, the Spanish company that markets Li Ning in Spain. They have done this through three separate capital increases in the last few months, raising its equity to €1.67 million. The Chinese brand has an option on the company's shares. Run ...
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Mammut Sports Group is investing some €22.5 million in building...
Mammut Sports Group is investing some €22.5 million in building a new warehouse in a small town, Wolfertschwenden, close to its current German office in Memmingen, Bavaria, which has become too small. The new logistics center, to be opened by the end of 2012, will have a gross surface of ...
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JD Sports continues to acquire British fashion brands in financial...
JD Sports continues to acquire British fashion brands in financial trouble. After the recent takeover of Fenchurch and Duffer of St. George, the British sports and fashion retailer controlled by Pentland Group has agreed to acquire the bankrupt Brand Acquisitions and its two brands, Peter Werth for menswear and Pink ...
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Warrior Hockey, a unit of New Balance, has acquired Smith...
Warrior Hockey, a unit of New Balance, has acquired Smith Hockey Company of Brockport, New York, which specializes in protective equipment for goalies. Warrior is restructuring its global product development team into four strategic business units for goalie protective equipment, player protective equipment, helmets and sticks. The goalie protective SBU ...
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News briefs
Genesco has acquired H.S. Trask, an American brand of outdoor...
Genesco has acquired H.S. Trask, an American brand of outdoor and casual shoes that uses leather made from the skins of American bisons, elks and longhorns. Based in Montana, it has been for many years the property of a financially shaky U.S. company, Phoenix Footwear. Genesco, parent company of Journeys, ...
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Stairmaster, which also owns the Star Trac fitness equipment business,...
Stairmaster, which also owns the Star Trac fitness equipment business, has more than doubled the size of its head office in Vancouver, Washington to 26,000 square feet and will reportedly hire 60 more staff members in September and 40 more within 12 months
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Hi-Tec inaugurated its new head office in Amsterdam with a...
Hi-Tec inaugurated its new head office in Amsterdam with a dazzling get-together on May 9. The event was attended by more than 400 guests from around the world, from Hi-Tec salespeople and distributors to personal friends of Frank van Wezel, the company's Dutch founder. He was surrounded by his entire ...
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PPR has announced an extension of its tender offer to...
PPR has announced an extension of its tender offer to acquire Volcom until June 16, in order to allow more time to obtain the necessary foreign anti-trust approvals. The French company said that it had already received commitments for 8,868,132 Volcom shares as of June 7 at 4 PM New ...
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Invista has begun construction on a new Lycra fiber manufacturing...
Invista has begun construction on a new Lycra fiber manufacturing facility in Paulínia, in São Paulo State in Brazil. It is putting $100 million into the plant, which should open sometime late next year. Part of the investment will go toward new technologies, such as Xtra Life Lycra fiber, which ...
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The financial position of Sport Finance is being strengthened by...
The financial position of Sport Finance is being strengthened by a subscription of stock warrants and convertible bonds carried out by an investment fund, Avenir Entreprises, that belongs to CDC Entreprises and Oseo. The conditions of the refinancing package have not been disclosed. Sport Finance is the successful licensee of ...
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News briefs
The Thule Group is buying Chariot Carriers, a Canadian company...
The Thule Group is buying Chariot Carriers, a Canadian company that designs and develops bicycle trailers and multifunctional child carriers, for an undisclosed price. The sellers are the brothers Dan and Chris Britton and Chariot's chief executive, Pierre Doyon. Thule Group will buy all of the assets of the company, ...
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News briefs
Deichmann is reported to be in negotiations to take over...
Deichmann is reported to be in negotiations to take over Snipes, a leading retailer of sneakers and fashion sport shoes with a web store, 37 shops in Germany and four in Austria. The takeover would be handled through the Swiss subsidiary of Deichmann, Dosenbach-Ochsner.
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News briefs
Starting with the fall/winter 2011-12 season, Bleed Organic Clothing, the...
Starting with the fall/winter 2011-12 season, Bleed Organic Clothing, the German street and skate wear label, is pulling its production out of India. The specialty brand of sustainable apparel will relocate production to northern Portugal. With this move, Bleed says it wants to improve quality management, communication and the necessary ...
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Short stops
Keen plans to make 13 of its footwear styles on...
Keen plans to make 13 of its footwear styles on two production lines at its new 15,000-square-foot factory in Portland, Oregon
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News briefs
BC Partners, a private equity group, is buying a 78.7...
BC Partners, a private equity group, is buying a 78.7 percent stake in Gruppo Coin SpA, the largest apparel retailer in Italy. That stake is worth €733 million, and it is reported that BC Partners will also make a play for the remaining shares as well. If so, the total ...
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Deckers Outdoor Corporation has signed an agreement to acquire Sanuk,...
Deckers Outdoor Corporation has signed an agreement to acquire Sanuk, an American brand of beach sandals and other lifestyle shoes whose sales are expected to double this year from $43 million in 2010, generating Ebitda of $15 million. Deckers will pay $120 million in cash, plus an earn-out provision of ...
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News briefs
PPR Group has gone ahead formally with the launch of...
PPR Group has gone ahead formally with the launch of a cash tender offer for Volcom's shares, making it conditional on obtaining at least a majority of them on a fully diluted basis, as well as approval by antitrust authorities. The price of $24.50 per share is confirmed. The offer ...
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News briefs
VF Corporation has broken ground on the new campus in...
VF Corporation has broken ground on the new campus in Alameda, California, that will house the new corporate headquarters of The North Face, JanSport and Lucy from the summer of 2012. Overlooking San Francisco Bay, the new facilities will make use of wind and solar power. They will feature external ...
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News briefs
Puma is buying its distributor and licensee in the Netherlands,...
Puma is buying its distributor and licensee in the Netherlands, Dobotex. It already owns a 50.1 percent stake in the Dutch company, and will buy the rest as of January 2012. The takeover is friendly and has the support of management at Dobotex. It also includes Dobologic, the logistics branch ...
