More corporate news – Page 126
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News briefs
Cannondale has acquired a controlling interest in the Cannondale Pro...
Cannondale has acquired a controlling interest in the Cannondale Pro Team by taking a majority stake in Brixia Sports, which has owned the team since August 2012. The team was previous known as the Liquigas Pro Cycling Team, and Cannondale became its technical sponsor in 2007. It became the Liquigas-Cannondale ...
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News briefs
NPD Group is taking over the retail sales tracking and...
NPD Group is taking over the retail sales tracking and consumer research business of Leisure Trends, an American market research firm that has been providing statistical data in the sports, outdoor and recreation industries. The combined operation will be based in Boulder, Colorado, collecting information from over 26,000 stores in ...
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News briefs
Sports Marketing Surveys USA (SMS USA) has entered into a...
Sports Marketing Surveys USA (SMS USA) has entered into a partnership agreement with AA Data Company, the California-based provider of retail information to the surf and skateboard industry. AA Data has developed proprietary data collection and translation software systems to produce the ActionWatch market intelligence program. The two companies will ...
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News briefs
Golf Datatech, the Florida-based market research company, and Yano Research...
Golf Datatech, the Florida-based market research company, and Yano Research Institute of Japan have announced a strategic alliance aimed at aggregating consistent data on the golf industry worldwide. The alliance will release a “US/Japan Golf Market Report” in January 2014, which will compare the relative size and scope of the ...
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News briefs
Bauer Performance Sports has announced that Kohlberg & Co., the...
Bauer Performance Sports has announced that Kohlberg & Co., the company's largest shareholder, has agreed to hold a secondary offering of 3.2 million shares of Bauer stock at 12.15 Canadian dollars (€8.67m-$11.74m) each. In addition, a syndicate of the underwriters that has entered into an agreement with the Kohlberg funds, ...
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Short stops
Pittards, a major supplier of leather to the sporting goods...
Pittards, a major supplier of leather to the sporting goods sector, says it refused a cash offer for the acquisition of its shares
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Short stops
Confirming earlier reports, Moncler announced on Oct. 14 that it...
Confirming earlier reports, Moncler announced on Oct. 14 that it had formally submitted a request for quotation on the Italian stock exchange and for approval of the related prospectus for its public offering
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Short stops
Osprey Europe has adopted the iVendix B2B e-commerce platform of...
Osprey Europe has adopted the iVendix B2B e-commerce platform of Centerstone Technologies
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Short stops
Permira has acquired Dr. Martens (more on this in Shoe...
Permira has acquired Dr. Martens (more on this in Shoe Intelligence)
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News briefs
Austro Holding, the majority shareholder of Deeluxe, has pulled out...
Austro Holding, the majority shareholder of Deeluxe, has pulled out of its investment in this brand of snowboard boots. The people now controlling Deeluxe Sportartikel Handels GmbH are Klaus Brandstätter, the chief executive of the company since its foundation in 2002, and Friedrich Obholzer, an Austrian investor and tax consultant. ...
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News briefs
A Swedish venture capital firm, Scope, has become the majority...
A Swedish venture capital firm, Scope, has become the majority owner of Klättermusen, a Swedish producer of outdoor clothing, investing 30 million Swedish kronor (€34.9m-$47.2m) into the company. Jonas Meerits, a former chief executive of J.Lindeberg and a co-investor in Scope, will be the new chairman of the board. Staffan Rönn, ...
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News briefs
Erhard Sport, which had filed for insolvency, has been taken...
Erhard Sport, which had filed for insolvency, has been taken over by a company in Frankfurt called Deutsche Mittlestandsholding (DMH). Clemens Weigand, a former country manager of Columbia Sportswear, continues to run Erhard with a reduced staff of 131 people, down from 173 before.
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News briefs
Invista is taking back a license that it had granted...
Invista is taking back a license that it had granted to Advansa for its polyester-based Coolmax and Thermolite brands of fibers, which covered Europe, Middle East and Africa (EMEA), allowing it to market these brands globally. In addition, Invista, which continues to own other brands such as Lycra and Cordura ...
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News briefs
Jack Wolfskin is gearing up for a rebound in sales,...
Jack Wolfskin is gearing up for a rebound in sales, as it begins to fully implement a wide range of structural and strategic changes, and to invest further in international markets. On the back of sharply increased orders, the German outdoor company predicts that its sales will pick up at ...
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News briefs
Nike was promoted on Sept. 20 to the Dow Jones...
Nike was promoted on Sept. 20 to the Dow Jones Industrial Average, the star index of the New York stock exchange, along with Goldman Sachs and Visa. They take the place of Hewlett-Packard, Bank of America and Alcoa.
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News briefs
Puma's listing on the Frankfurt stock exchange has moved from...
Puma's listing on the Frankfurt stock exchange has moved from the MDax index to the SDax index for smaller German firms. The demotion has been explained by a 7 percent drop in the company's stock market capitalization in the last 12 months and the fact that less than 20 percent ...
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News briefs
Adidas has been selected for the 14th consecutive year to...
Adidas has been selected for the 14th consecutive year to be listed on the Dow Jones Sustainability Index, which tracks the performance of globally operating companies in terms of sustainable business conduct, eco-friendliness and social responsibility. The Three Stripes was rated as industry leader in the category of textiles, apparel ...
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News briefs
A Swedish online sporting goods retailer, Sportamore, has announced its...
A Swedish online sporting goods retailer, Sportamore, has announced its intention to broaden its ownership through a public offering. It is aiming for a listing on the Nasdaq OMX small-cap exchange in 2014. If the proposal is voted through, the general public in Sweden will be offered a maximum of ...
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News briefs
The initial public offering for Moncler is now slated for...
The initial public offering for Moncler is now slated for Dec. 9. The Italian company is reportedly seeking a valuation of €2.3 billion for 100 percent of its capital, but only 25 percent of it would be offered to the public. Meanwhile, Luciano Santel is leaving as president and managing ...
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News briefs
Head and HTM Sports have raised their new bond offer...
Head and HTM Sports have raised their new bond offer from €45 million to €60 million, following additional demand from investors. HTM, which is a subsidiary of Head, will hold an amount of €6.5 million. The bond, which was issued in Switzerland by HTM in behalf of both companies on ...
