All Corporations articles – Page 182
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Avance Diffusion, the French group that owns Degré 7, has...
Avance Diffusion, the French group that owns Degré 7, has agreed to acquire some of the assets of Clayeux, a small French brand of children's wear. The group, which reached sales of €23 million, is planning to launch a children's line called Dégré 7 by Clayeux.
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More and more names make it into the buzz about...
More and more names make it into the buzz about the sale of Jack Wolfskin. Most recently, a couple of names were said to be in the race, including VF Corporation, the parent company of The North Face. The latest candidate mentioned by the German press is an interesting one: ...
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Amer Sports is going to expand the capacity of its...
Amer Sports is going to expand the capacity of its Pamporovo ski factory in Chepelare, Bulgaria, over the next three years, and expects to spend about $5.5 million on the effort. The expansion should increase capacity to about 900,000 to one million pairs per year, representing about two-thirds of the ...
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The board of directors of Amer Sports has decided to...
The board of directors of Amer Sports has decided to increase the annual dividend to 30 cents of a euro per share for its improved 2010 results from 16 cents of a euro in the previous year. The board has also confirmed Anssi Vanjoki and Ilkka Brotherus in their current ...
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Goode Ski Technologies, the American maker of premium carbon-fiber water...
Goode Ski Technologies, the American maker of premium carbon-fiber water and snow skis, is moving its production from China to Ogden, Utah. In the near term, this should mean 20 to 30 new employees, perhaps rising as high as 100 in the next couple of years. Ogden is also a ...
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Bauer Performance Sports has completed its private offering, raising a...
Bauer Performance Sports has completed its private offering, raising a total of 75 million Canadian dollars (€53 m- $76m) that will be used to acquire 100 percent of the shares in Kohlberg Sports Group. The latter bought Bauer from Nike in April 2008 for US$196.7 million.
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Invista's plans to build a new production facility in the...
Invista's plans to build a new production facility in the Shanghai Chemical Industry Park are going forward after a recession-related delay. It should help meet the region's need for nylon 6,6 intermediates and polymer. It is currently working on an environmental impact assessment, and should start construction on the facility ...
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The owners of Sanfo, China's leading chain of sporting goods...
The owners of Sanfo, China's leading chain of sporting goods stores, go into the wholesale business and don't exclude a possible public offering or the sale of the retail business within two or three years to another investor …. (more in The Outdoor Industry Compass)
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News briefs
Trevira, the German polyester producer, has two owners now. Indorama...
Trevira, the German polyester producer, has two owners now. Indorama Ventures of Bankgok has acquired a 75 percent stake in the company. Italy's Sinterama owns the balance. Trevira's former personnel director, Klaus Holz, has been appointed chief executive, replacing Uwe Wöhner who let at the beginning of this year.
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Using the authorization given by shareholders at the annual meeting...
Using the authorization given by shareholders at the annual meeting one year ago, Amer Sports has decided to acquire up to one million own shares between Feb. 23 and Sept. 9
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Venice Beach, the German label of female fitness wear, is...
Venice Beach, the German label of female fitness wear, is in new hands. In late 2010, its owner, MPC Holding, announced that it would either stop or license that business. The brand has now been taken over by Basler Fashion, another German marketer of textiles. Matthias Orth, sales manager of ...
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Nike has opened its new logistics center in Jiangsu province...
Nike has opened its new logistics center in Jiangsu province in China, now its largest in Asia and sixth-largest anywhere. The company plans for it to be the first LEED accredited warehouse complex in China, in compliance with that “green building” rating system. It spans over 200,000 square meters, and ...
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Two key shareholders in Rapala VMC have put an end...
Two key shareholders in Rapala VMC have put an end to a shareholders' agreement that they had struck last June 29. One of the two, Utavia, has sold all its shares in the Finnish company. The other one, Viellard Migeon & Cie, remains with 11,842,71 shares, giving it 30.01 percent ...
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Moncler could be floated on the Milan stock exchange by...
Moncler could be floated on the Milan stock exchange by the summer, said Marco De Benedetti, who is in charge of the Italian operations of the private equity firm Carlyle, in an interview with theItalian financial daily Il Sole 24 Ore. Carlyle owns 48 percent of Moncler. The other main ...
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Berkshire Hathaway divested its 3,642,929 shares of Nike in the...
Berkshire Hathaway divested its 3,642,929 shares of Nike in the fourth quarter. At current market value the stake is worth $311.7 million. The investment company, managed by Warren Buffet, had already halved its stake in Nike in the third quarter. The sale is part of a change in investment strategy ...
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News briefs
Pure Fishing, the wholly-owned subsidiary of Jarden Corporation, has acquired...
Pure Fishing, the wholly-owned subsidiary of Jarden Corporation, has acquired substantially all of the assets of the Sebile fishing lure business from Sebile International. Financial terms of the transaction were not disclosed.
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News briefs
The board of directors of Amer Sports has announced that...
The board of directors of Amer Sports has announced that the company will begin a share repurchasing program as a way to implement share-based incentive plans for key personnel in 2011 and 2012. The process will start on Feb. 23 and the final date will be Sept. 9, at the ...
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Vibram has taken over the distribution of its soles in...
Vibram has taken over the distribution of its soles in the U.S. (more in The Outdoor Industry Compass)
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Richard Litzel, the well-known German industry veteran who ran Reebok...
Richard Litzel, the well-known German industry veteran who ran Reebok in Central Europe and brought Keen to Europe, is launching a new brand of comfort shoes called Forme, together with other investors (more in Shoe Intelligence)
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Halti has signed a long-term license agreement with Fischer for...
Halti has signed a long-term license agreement with Fischer for a line of alpine ski clothing (more in the next issue)
