More corporate news – Page 86
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Wilson has opened its new, 90,000-square-foot global headquarters in downtown...
Wilson has opened its new, 90,000-square-foot global headquarters in downtown Chicago
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Rapala VMC has been notified that Nordea Funds has raised...
Rapala VMC has been notified that Nordea Funds has raised its stake in the Finnish fishing tackle company to 12.88% from 9.93%
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Zai, the Swiss brand of high-end skis, is ceasing production...
Zai, the Swiss brand of high-end skis, is ceasing production at its own site in the Swiss town of Disentis, but the company's new investors are reportedly planning to outsource it elsewhere in Switzerland. The company's founder and designer, Simon Jacomet, is leaving. Benedikt Germanier, a former global strategist for ...
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Roeckl is coming out of voluntary insolvency proceedings, which started...
Roeckl is coming out of voluntary insolvency proceedings, which started last May. Annette Roeckl, chief executive of the German producer of sports gloves and other accessories, says her family injected new equity into the company, allowing it to remain its property. This came after a reorganization of the business that ...
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Billabong International‘s shares gained more than 15 percent after the...
Billabong International‘s shares gained more than 15 percent after the group's annual shareholders' meeting this week, where investors heard about numerous initiatives to improve Billabong's business in the Asia-Pacific region. Billabong's results for the full year until the end of June showed major improvements in some indicators in the Americas ...
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Lynx Golf has announced the acquisition of the global Lynx...
Lynx Golf has announced the acquisition of the global Lynx trademark portfolio from Dick's Sporting Goods. The move will allow the British, family-owned golf equipment company to expand globally, beyond its current U.K. and European markets. The trademarks have been purchased for an undisclosed amount. Lynx Golf reportedly seeks a ...
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Leki has informed its German clients that it will place...
Leki has informed its German clients that it will place its customer service at their disposal on all the five Saturdays of December and on Saturday Jan. 13 and Jan. 20
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Speculation has heightened around the potential sale of Puma after...
Speculation has heightened around the potential sale of Puma after Challenges, a French business magazine, reported that Rothschild & Co has been hired to study various options. Kering, the French luxury group, bought Puma for about €5.3 billion in 2007. The brand's performance has greatly improved in the last three ...
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Bruno Sälzer, supervisory board chairman at Amer Sports, has told...
Bruno Sälzer, supervisory board chairman at Amer Sports, has told Handelsblatt that the Finnish group wants to grow through organic expansion as well as acquisitions, for which it has “a few hundred million” euro at its disposal. The company owns 12 brands, and its latest acquisition was Armada, the U.S. ...
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Amer Sports is repurchasing up to 10,000 of its own...
Amer Sports is repurchasing up to 10,000 of its own shares until next March 7. Meanwhile, Bruno Sälzer, who was elected chairman of the board last March, has been buying shares in the company as well.
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Eurazeo has announced the sale of 8,500,000 shares of Moncler...
Eurazeo has announced the sale of 8,500,000 shares of Moncler S.p.A. through its subsidiary ECIP M S.A. at a price of €24.48 per share, for a total amount of around €208 million. As a result of the sale, ECIP M S.A. will hold 5.31 percent of the share capital and ...
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Sportamore, the Swedish online sporting goods retailer, has switched to...
Sportamore, the Swedish online sporting goods retailer, has switched to a new warehouse, but the move did not quite go as planned. The start of the project was delayed by one month, causing about 35 percent of the range offered on its website not to be available for shipment. As ...
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Edelski, the 15-year-old Swiss company that makes and sells Zai...
Edelski, the 15-year-old Swiss company that makes and sells Zai skis, has decided to stop manufacturing it at its own factory at Dissentis as of next March because of excessive costs. The company has already developed a line for the next season that will be made at another Swiss plant. ...
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Conte of Florence, the Italian brand of golf clothing, has...
Conte of Florence, the Italian brand of golf clothing, has reportedly gone again into bankruptcy proceedings after a year in which it had a loss of €3 million on sales of €28.4 million. Creditors are being offered a settlement on the basis of 20 percent of the outstanding debt. The ...
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Nordea Funds increased its stake in IC Group to 5.01%...
Nordea Funds increased its stake in IC Group to 5.01% just before the company announced its results for the first quarter
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Confirming a report in our previous issue, Footasylum, the British...
Confirming a report in our previous issue, Footasylum, the British chain of sports and lifestyle stores created by the founders of JD Sports, is going public on the Alternative Investment Market (AIM) London Stock Exchange on Nov. 2 at a price of £1.64 per share, giving it an initial valuation ...
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Sports Direct International (SDI) is buying additional shares in Debenhams,...
Sports Direct International (SDI) is buying additional shares in Debenhams, the British department store chain, paying 43 percent more than they were worth last Friday, according to The Financial Times. The acquisition is said to be based on options contracts signed through Goldman Sachs in 2015, which will force SDI ...
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Mike Ashley has put the Newcastle football club up for...
Mike Ashley has put the Newcastle football club up for sale for the third time. He already failed to find a buyer back in 2008, after placing some of his shares in Sports Direct on the London Stock Exchange, and again in 2009. To facilitate the sale and encourage investments, ...
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Woolrich has announced a new partnership with Goldwin, a Japanese...
Woolrich has announced a new partnership with Goldwin, a Japanese firm specializing in the manufacturing and sale of sporting apparel, which will result in a new Goldwin premium outdoor collection. The first men's line will be on offer in autumn 2018 in North America, Europe and Asia. Goldwin has acquired ...
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Salomon is extending its design center in Annecy with the...
Salomon is extending its design center in Annecy with the purchase of a 1,760-square-meter administrative building adjoining its headquarters in the French alpine city, where it stopped its manufacturing activities many years ago. The management said the investment represents a great opportunity for expansion as it prepares its development plans ...
