All Corporations articles – Page 181
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The new global headquarters for Speedo, in Nottingham, England, moved...
The new global headquarters for Speedo, in Nottingham, England, moved from another location in the city in November, recently had its official opening ceremony featuring a visit by Princess Anne. The new Speedo House is 35,000 square feet on three floors, and includes the company's offices, design studio, and Aqualab ...
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The Chinese maker of sports apparel 361 Degrees plans to...
The Chinese maker of sports apparel 361 Degrees plans to open a research center for designing innovative sportswear in Beijing, with the support of the Beijing Institute of Clothing Technology. The company had an 18.1 percent increase in footwear sales to $186.5 million for the second half of 2010; apparel ...
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Amer Sports has issued a floating-rate bond to raise 500...
Amer Sports has issued a floating-rate bond to raise 500 million Swedish kronor (€55.0m-$79.5m), targeted at institutional investors in the Nordic countries and quoted on Helsinki's Nasdaq counter. The proceeds will be used for debt repayment and general corporate purposes.
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The management of JD Sports Fashion confirms the acquisition of...
The management of JD Sports Fashion confirms the acquisition of Fenchurch, a British brand of streetwear, and some related assets for £1 billion. The brand had an annual turnover of around £10 million (€11.3m-$16.2m) including the sales of its four stores, which have all been closed. JD will use some ...
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News briefs
Johan Eliasch, chairman and chief executive of Head, and his...
Johan Eliasch, chairman and chief executive of Head, and his family now own a larger share of Head NV through Head Sports Holdings following the exercise last March 29 of options granted under the May and September 2009 stock option plans. Amounting to a total of 12,847,179 options, they have ...
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The owners of Mustad have reportedly denied a rumor that...
The owners of Mustad have reportedly denied a rumor that Rapala or Pure Fishing is going to take over the Norwegian fishing tackle company
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More than 20 companies have reportedly looked at possibly bidding...
More than 20 companies have reportedly looked at possibly bidding for Acushnet, the golf division that Fortune Brands wants to divest, but only four are said to be likely to be part of the process. The valuation for this division, which includes Titleist and FootJoy, is given at between $800 ...
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Hummel moves its headquarters from the suburbs of Aarhus to...
Hummel moves its headquarters from the suburbs of Aarhus to the centrally located harbor of the Danish city. According to the company, an open location by the sea will reinforce the essential features of its brand, described as uniqueness, creativity and innovation. In the next few years, construction projects worth ...
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JD Sports Fashion is close to acquiring Fenchurch, the British...
JD Sports Fashion is close to acquiring Fenchurch, the British brand of skate clothing and accessories, for about £1.5 million (€1.7m-$2.4m), according to Retail Week
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News briefs
Shortly after Fischer announced its new strategic partnership with Halti...
Shortly after Fischer announced its new strategic partnership with Halti to develop and market Fischer branded apparel, it now says that it has teamed up with Dainese to create a collection of protective equipment for alpine skiing. The Italians will provide a collection of five co-branded protectors that will be ...
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Alfa Sko and A-Sport, which has held the Alfa license...
Alfa Sko and A-Sport, which has held the Alfa license to develop and sell ski boots for extremely harsh weather conditions since 2006, are merging into a single company called Alfa Sko AS. Pål Olimb, a former marketing director of Alfa and major shareholder and general manager of A-Sport, will ...
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Sports Direct International has refinanced its banking arrangements to provide...
Sports Direct International has refinanced its banking arrangements to provide funding to pursue its business and strategic objectives (Editor's Note: including a presence in most European countries). It has a contracted a new three-year unsecured credit facility of £220 million (€250.6m-$353.8m) with a group of 10 banks led by HSBC, ...
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Jim Davis, the chairman of New Balance, has bought two...
Jim Davis, the chairman of New Balance, has bought two properties next to the company's headquarters in Brighton, Massachusetts, reports The Boston Herald. The land, which cost $26.5 million, will be the site of a $235 million development including office buildings, a hotel, a movie theater, shops and a park. ...
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Billabong International could be a potential takeover target for the...
Billabong International could be a potential takeover target for the French luxury and sporting goods conglomerate PPR, according to the Italian economic daily Il Sole 24 Ore. PPR, which owns Puma and is selling its retail business, could line up €4-5 billion to buy additional luxury and/or sportswear businesses. Ot ...
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The Spanish Intersport organization has convened its members to a...
The Spanish Intersport organization has convened its members to a general assembly and an extraordinary meeting on March 31. The idea is for the cooperative to form a new limited partnership where the bigger members have more votes, as is the case for the Intersport organizations in France and Sweden.
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News briefs
Umbro International has raised its stake in Noël Soccer, the...
Umbro International has raised its stake in Noël Soccer, the company that holds the Umbro license for France, from 49 to 100 percent. With a staff of nearly 50 people, Noël Soccer reportedly generated sales of €38 million in 2009. The terms of the acquisition could not be learned, but ...
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Wolverine World Wide has raised its own dividend by 9.1%...
Wolverine World Wide has raised its own dividend by 9.1%
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News briefs
Head announced that it has spent €4,169,119 to buy back...
Head announced that it has spent €4,169,119 to buy back nearly 8.9 million of its shares, equal to 10.06 percent of Head N.V.'s share capital. The acquired shares will be used to fulfill Head's outstanding obligations under its stock option program.
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Carhartt, the 122-year-old maker of work clothes, has made a...
Carhartt, the 122-year-old maker of work clothes, has made a deal with CenterStone Technologies, which will begin providing Carhartt with its web-based B2B e-commerce software, iVendix Software-as-a-Service, allowing retailers in North America to order and sales reps to check product availability
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Jarden Corp. raises its annual dividend by 5%
Jarden Corp. raises its annual dividend by 5%
