All Corporate articles – Page 47
-
News briefs
Dennis James “Chip” Wilson's investment in China's Anta Sports Products...
Dennis James “Chip” Wilson's investment in China's Anta Sports Products has paid off handsomely. The billionaire founder of Lululemon had paid $100 million to buy a 0.59 percent stake in the big and fast-growing Chinese company in May 2018. Shares in the Chinese company have risen strongly since then, along ...
-
News briefs
Trangoworld has announced that Manuel Lucea, the company's chief executive,...
Trangoworld has announced that Manuel Lucea, the company's chief executive, is retiring. He will be replaced by Diego Hidalgo Nourry, the current director of production.
-
News briefs
The Radici Group, a major supplier of fibers and fabrics...
The Radici Group, a major supplier of fibers and fabrics to the outdoor apparel industry, invested €50 million in new technologies last year and has a similar budget for this year. The Italian company's revenues grew by 6 percent to €1.2 billion in 2018. Its Ebitda rose by 16 percent ...
-
News briefs
Lenzing is cooperating with JDA Software to digitize its supply...
Lenzing is cooperating with JDA Software to digitize its supply chain. The company's goal is to create an end-to-end planning process that precisely matches demand and supply. The JDA Sales & Operations Planning software was recently deployed across Lenzing's operations in production as well as sales, marketing and finance. With JDA's ...
-
Short stops
Amer Sports is applying for de-listing from the Nasdaq Helsinki...
Amer Sports is applying for de-listing from the Nasdaq Helsinki stock exchange as soon as possible after the termination of the share redemption process being conducted by the Mascot Bidco consortium
-
News briefs
If all goes well, Sharma Climbing will be opening a...
If all goes well, Sharma Climbing will be opening a new climbing gym in Madrid late in the autumn. This will be the young company's second gym, after the one in Barcelona. At 4,000 square meters, it will be the largest climbing gym in Spain. Its three floors will accommodate ...
-
Short stops
Indorama has announced that it will acquire Huntsman's integrated...
Indorama has announced that it will acquire Huntsman's integrated oxides and derivative businesses for around $2 billion, making it the group's largest acquisition
-
News briefs
Ellaborating on the takeover of Polartec by Milliken at the...
Ellaborating on the takeover of Polartec by Milliken at the OutDoor by Ispo show, Steve Layton, the Milliken executive appointed as the new president of Polartec, and his predecessor, Gary Smith, dwelled on the potential synergies between the two companies. Polartec's knitting, dyeing and finishing operations don't compete with the ...
-
News briefs
Didriksons has recently invested in a new headquarters in Borås, Sweden,...
Didriksons has recently invested in a new headquarters in Borås, Sweden, as well as in a new warehouse. The Swedish brand of rain and functional apparel was taken over in August 2018 by Adelis Equity Partners, an investment fund that acquired a majority stake from another fund managed by Herkules Capita. The parent company ...
-
Short stops
Nordisk, the Danish tent supplier, has opened its second Glamping...
Nordisk, the Danish tent supplier, has opened its second Glamping Village on the Italian island of Procida, close to Naples
-
Short stops
Hyosung, the owner of the Creora brand of elastane, has...
Hyosung, the owner of the Creora brand of elastane, has opened a technology center in South Korea to strengthen “quality management”
-
Short stops
Eastman Chemical has announced that it has entered into a...
Eastman Chemical has announced that it has entered into a definitive agreement to acquire Industrias del Acetato de Celulosa (INACSA), a Spanish producer of cellulose yarn
-
News briefs
La Sportiva has announced three promotions in the marketing department...
La Sportiva has announced three promotions in the marketing department of its U.S. subsidiary, all with immediate effect. Chrissy Wise has been promoted to marketing director, while Quinn Carrasco has been appointed marketing manager, and Wes Green has been named vice-president of sales and marketing. Wise has worked at La ...
-
Short stops
Filidea, the yarn producer based in Biella, Italy, has announced...
Filidea, the yarn producer based in Biella, Italy, has announced the acquisition of Hoftex CoreTech, a German company specializing in technical yarns
-
News briefs
VF Corp. has inaugurated a 16,000-square-foot U.K. headquarters in the...
VF Corp. has inaugurated a 16,000-square-foot U.K. headquarters in the center of Soho, in London. The seven-story building, Axtell Soho, will be used as a showroom for buyers as well as a place for the group's staff to host meetings and share ideas. The building features dedicated floors for The North ...
-
News briefs
The management of KJK Sports, the new owner of Elan...
The management of KJK Sports, the new owner of Elan (more on this in SGI Europe), says it wants to play a stronger role in the active outdoor lifestyle sector, but has not gone into details. Last December, before finalizing the purchase of the Slovenian producer of skis and yachts, ...
-
News briefs
Mascot Bidco, the investment vehicle of Anta Sports Products and...
Mascot Bidco, the investment vehicle of Anta Sports Products and other investors for the takeover of Amer Sports, said earlier this month that the District Court of Helsinki decided on May 8 to appoint a trustee, Timo Kaisanlahti, as an arbitrator to help finalize the redemption of the remaining shares ...
-
News briefs
Anta Sports Products has announced that it has been selected...
Anta Sports Products has announced that it has been selected as a constituent stock of the Hang Seng China Enterprise Index, starting on June 17. The benchmark index includes the major Chinese companies on the exchange that has the biggest market capitalization and the highest liquidity. Furthermore, Anta was recently ...
-
News briefs
Outdoor & Cycle Concepts (O&CC), the British outdoor retailing group...
Outdoor & Cycle Concepts (O&CC), the British outdoor retailing group operating under the Cotswold Outdoor, Runners Need, Cycle Surgery and Snow+Rock banners, announced that a majority of over 97 percent of its unsecured creditors approved the Company Voluntary Arrangements (CVA) that it had proposed at a meeting on May 13. ...
-
News briefs
Tretorn is developing its online business with the aim of...
Tretorn is developing its online business with the aim of boosting the proportion of online transactions with consumers and through retailers and internet marketplaces. The long-term goal is for online sales to account for 40 percent of total sales. To achieve it, a new team of three employees has been ...
