More corporate news – Page 153
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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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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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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
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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News briefs
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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News briefs
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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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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News briefs
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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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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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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News briefs
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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Jarden Corp. raises its annual dividend by 5%
Jarden Corp. raises its annual dividend by 5%
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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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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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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
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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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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News briefs
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 ...
