All Corporate articles – Page 52
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Short stops
According to Reuters, Eddie Bauer and Pacific Sunwear, two struggling...
According to Reuters, Eddie Bauer and Pacific Sunwear, two struggling American retail chains that are both owned by Golden Gate Capital, are exploring a possible combination of their operations and a reduction in the number of their stores
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GoPro's depressed share price took a jump after reports that...
GoPro's depressed share price took a jump after reports that a Chinese rival, Xiaomi, may make an offer for the company. Xiaomi, a big Chinese company that makes smartphones, mobile devices, laptops and other consumer electronics, is a minority shareholder of Yi Technology, which makes action cameras that are much ...
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Adidas Outdoor has been growing at a double-digit rate so...
Adidas Outdoor has been growing at a double-digit rate so far this year in the U.S. market, according to a report in SGB last week, centering round the office taken over by Adidas Outdoor USA in Golden, Colorado. The four employees who work there are part of Agron Inc., which ...
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VF Corp. has completed the acquisition of Icebreaker, which...
VF Corp. has completed the acquisition of Icebreaker, which had sales of about $220 million last year. It plans to combine the brand with Smartwool to create a global distribution footprint in the nature fiber market. The plan for the market positioning of the brand has yet to be worked ...
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Amer Sports has restated its 2017 results based on new...
Amer Sports has restated its 2017 results based on new IFRS accounting rules. Revenues were increased by €24.1 million to €2,709.3 million, with increases of €3.8 million for Outdoor, €5.8 million for Ball Sports and €14.5 million for Fitness. Net income for the year was adjusted down by €0.4 million ...
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The number of shares and votes in the Thule Group...
The number of shares and votes in the Thule Group has increased by 1,135,696 to 103,208,606 as of March 29, 2018, following the exercise of warrants by nine individuals including the company's chief executive, Magnus Welander, and its chairman, Stefan Jacobsson. Together, Welander and Jacobsson have come to own about ...
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The number of shares in the Swedish-based Thule Group has...
The number of shares in the Swedish-based Thule Group has declined by 1,135,696 to 103,208,606 following the exercise of warrants by nine individuals including the company's chief executive, Magnus Welander, and its chairman, Stefan Jacobsson
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The proxy fight around Newell Brands is heating up, with...
The proxy fight around Newell Brands is heating up, with Starboard Value nominating two additional directors to a full slate that it is proposing for election at the company's annual meeting. The hedge fund's statement came after the company announced on Feb. 22 a “refreshment” of its board of directors, ...
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Lauche & Maas, a specialty outdoor retailer with three stores...
Lauche & Maas, a specialty outdoor retailer with three stores in Germany, filed for insolvency this month. The company has three stores in Munich and Ulm and operates a web shop. Max Liebig of the Jaffé law office was appointed as insolvency administrator. The wages of the company's 31 employees ...
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Ibex, an American brand that was generating annual sales of...
Ibex, an American brand that was generating annual sales of about $20 million from its merino wool performance apparel, has found a new owner for its assets, following an auction launched in January. Ibex is now a property of Flour Fund, a New York-based investment fund led by a marketing ...
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ABS Protection has moved from Gräfeling to the Schwabing section...
ABS Protection has moved from Gräfeling to the Schwabing section of Munich, where it will reportedly exploit synergies with other sports brands in the same building. Felix Neureuther, the German ski star, is a shareholder in the German manufacturer of avalanche airbags.
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With annual sales of more than $5 billion, JD Sports...
With annual sales of more than $5 billion, JD Sports Fashion is set to become the world's fourth-largest integrated sporting goods retailer, vastly improving its purchasing power with the likes of Nike, following a merger agreement reached on Sunday under which it will take over The Finish Line, a direct ...
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Marcato Capital Markets has sold its 8.5% stake in Deckers...
Marcato Capital Markets has sold its 8.5% stake in Deckers Brands following its failure to obtain support for its proxy fight against the current management
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Amer Sports has cancelled 2,000,000 treasury shares, keeping only 1,486,696...
Amer Sports has cancelled 2,000,000 treasury shares, keeping only 1,486,696 of them. The number of outstanding shares in the company has thus been reduced to 116,517,285. Meanwhile, Amer Sports' board of directors has decided to transfer a total of 200,071 Amer shares to the personnel participating in its 2013 and ...
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Kabooki, the licensee of the Lego brand for outdoor apparel...
Kabooki, the licensee of the Lego brand for outdoor apparel for children, has a new majority shareholder. Christopher Silcowitz, chief executive of Kabooki, recently acquired 19.8 percent of the company's shares from the Lego group. Just a couple of days later, he was offered 70.1 percent of the shares, which ...
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Vibram has announced the opening of a new office in...
Vibram has announced the opening of a new office in Portland, Oregon, to support its clients in this important area of the U.S. for the outdoor industry. It will be run by Joel Enderle, who joins the Italian sole manufacturer after spending more than three decades in product development and ...
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Garmont International, the Italian performance footwear brand for outdoor activities,...
Garmont International, the Italian performance footwear brand for outdoor activities, has announced the arrival of Luigi Rossi Luciani as a new minority shareholder of the company. Rossi Luciani is the founder and president of Carel, a company specializing in energy-saving control solutions for the air conditioning and refrigeration sector. He ...
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W.L. Gore & Associates has opened an 11,000-square-foot R&D center...
W.L. Gore & Associates has opened an 11,000-square-foot R&D center in California's Silicon Valley that will connect it with companies in the aerospace, automotive, digital health, consumer electronics, fabrics, industrial and medical fields. A first project underway consists of funding a local startup, Krenzen, for the development of a digital ...
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Hamburger Morgenpost reported that Globetrotter faced protests last month from...
Hamburger Morgenpost reported that Globetrotter faced protests last month from some employees impacted by the projected move of its logistical services near Hamburg to a new distribution center in Ludwigslust, further east in the state of Mecklenburg-Vorpommern. Thirty of the 150 warehouse employees reportedly protested in front of the Globetrotter ...
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The Thule Group has opened a new assembly facility of...
The Thule Group has opened a new assembly facility of 13,500 square meters at Pila, in the western part of Poland, to expand its own production capacities in the Sport & Cargo Carriers category and to handle the manufacture of products that were previously subcontracted in the Active with Kids ...
