All Corporate articles – Page 65

  • Short stops

    Columbia Sportswear has received anti-trust approval from the U.S. Federal...

    2014-05-28T00:00:00Z

    Columbia Sportswear has received anti-trust approval from the U.S. Federal Trade Commission for its $190 million acquisition of Prana

  • News briefs

    Quabaug, the American company that makes soles for Vibram, has...

    2014-05-28T00:00:00Z

    Quabaug, the American company that makes soles for Vibram, has announced a joint investment of $1.2 million with Vibram in product research and development. The goal is to develop new types of soles in response to a new directive from the U.S. Department of Defense that requires all new military ...

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    Miguel Ferreira, a Portuguese-born sales agent who has been representing...

    2014-05-28T00:00:00Z

    Miguel Ferreira, a Portuguese-born sales agent who has been representing several brands on the German market through his company, Lomayon, has launched a small collection of outdoor and travel clothing under his own brand, Vivaesto. The garments are manufactured in Portugal and South Korea.

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    GoPro has filed the paperwork for a $100 million public...

    2014-05-28T00:00:00Z

    GoPro has filed the paperwork for a $100 million public offering on Nasdaq, providing some interesting figures and indicating that it plans to turn into a social media giant based on the huge video contents generated by more than 8.5 million customers around the world. The leading American supplier of ...

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    VF Corporation has opened a new distribution center in...

    2014-04-30T00:00:00Z

    VF Corporation has opened a new distribution center in Kunshan, China, that will handle 30 million units of products annually and employ nearly 400 people. The new 85,000-square-meter facility represented an investment of more than $60 million, representing VF's largest infrastructure investment in China to date. In 2013, VF's total ...

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    Recon Instruments, the Vancouver-based technology firm behind the heads-up displays...

    2014-04-30T00:00:00Z

    Recon Instruments, the Vancouver-based technology firm behind the heads-up displays (HUD) for sports, has announced that Motorola Solutions, through its investment arm Motorola Solutions Venture Capital, has made an investment in the company. The investment will be used by Recon to accelerate product development and to ramp up global marketing ...

  • News briefs

    Amer Sports has moved to a new head office of...

    2014-04-30T00:00:00Z

    Amer Sports has moved to a new head office of 5,300 square meters in the Vallila Paja Quarters of Helsinki. It occupies a meticulously restored red brick building, built in 1919 and originally used for building railroad wagons. The new office, which is vying for environmental certification, is strategically located ...

  • News briefs

    IC Companys has signed an agreement to divest...

    2014-04-30T00:00:00Z

    IC Companys has signed an agreement to divest its Mid Market division, leaving the Danish apparel group with only three brands: Peak Performance, Tiger of Sweden and By Marlene Birger. The group pointed out that these three brands, which were recently put in a new Premium segment of ...

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    Thule Group has agreed to sell its entire trailer business,...

    2014-04-30T00:00:00Z

    Thule Group has agreed to sell its entire trailer business, which is worth $90 million a year, to Accent Equity 2012, an investment fund, with company management as co-investors. As a result of the transaction a new entity, Brenderup Group, is being created, incorporating operations in the Nordic market and ...

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    Philippe Joffard, the former chief executive of Lafuma Group, who...

    2014-03-25T00:00:00Z

    Philippe Joffard, the former chief executive of Lafuma Group, who sold his shares in the company to Calida and left it more than one year ago, is now the CEO of Peek-a-Boo, a French producer of children's items with an annual turnover of €50 million that markets its products under ...

  • News briefs

    Jos. A Bank Clothiers is not going to go ahead...

    2014-03-25T00:00:00Z

    Jos. A Bank Clothiers is not going to go ahead with its proposed $825 million acquisition of Eddie Bauer, as the American menswear retail chain has agreed to be acquired instead by a competitor, The Men's Warehouse. As a result, Eddie Bauer's parent company, Everest Holdings, will get a break-up ...

  • News briefs

    To better define sales and marketing activities, Swix Sports has...

    2014-03-25T00:00:00Z

    To better define sales and marketing activities, Swix Sports has reorganized its company into two separate internal organizations – Sport and Outdoor. Though retailers and consumers will not be able to tell any difference, all Swix and Toko activities now fall under the Sport organization, while the brands Lundhags and ...

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    JD Sports has acquired Ultimate Outdoors, a retail with three...

    2014-03-25T00:00:00Z

    JD Sports has acquired Ultimate Outdoors, a retail with three stores in the north of England and Wales under its own name and another under the Planet Fear banner in Keswick. In addition to JD and other properties in the sports and fashion sectors, the British retailer controlled by Pentland ...

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    Calida Holding of Switzerland has ended up with 59.92 percent...

    2014-03-25T00:00:00Z

    Calida Holding of Switzerland has ended up with 59.92 percent of the shares in the Lafuma Group, up from 53.07 percent as of last Dec. 31, after a series of refinancing measures that have cut down its debt drastically and boosted equity to $56.88 million. A positive operating cash flow ...

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    Lorpen, the high-performance sock maker from Spain, faced financial problems...

    2014-02-21T00:00:00Z

    Lorpen, the high-performance sock maker from Spain, faced financial problems during 2013, but is currently in discussions with a potential investor and the deal should be finalized in the next few months. As it turns out, the company recorded last year 10 percent growth in sales in the U.S. and ...

  • Short stops

    Jarden Corp. sold its minority stake in the Rossignol Group...

    2014-02-21T00:00:00Z

    Jarden Corp. sold its minority stake in the Rossignol Group for $50 million in the fourth quarter of 2013, but the size of its equity has not been disclosed

  • News briefs

    The Lafuma Group has reported the successful completion of an...

    2014-02-21T00:00:00Z

    The Lafuma Group has reported the successful completion of an equity increase of €10 million, but the company had not yet published the new structure of the capital as of today. In a preliminary report, the group has indicated that its sales inched up by 2.8 percent in the quarter ...

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    Essilor International, the world's biggest supplier of ophthalmic lenses, has...

    2014-02-21T00:00:00Z

    Essilor International, the world's biggest supplier of ophthalmic lenses, has announced the completion of its acquisition of Costa Inc., producer of the Costa and Native brands of sunglasses. The French company says that Costa has become the fastest-growing brand of performance sunglasses in the U.S.  As a group, Costa Inc. ...

  • News briefs

    JD Sports Fashion has taken over yet another British...

    2014-02-21T00:00:00Z

    JD Sports Fashion has taken over yet another British outdoor retailer, Ultimate Outdoor, which operates three stores under its own name in Northern England and Wales, plus a Planet Fear store in Keswick. Based in Lancaster, it has been running in its present form since 1999, but its roots reportedly ...

  • News briefs

    Golden Gate Capital has agreed to sell Eddie Bauer, the...

    2014-02-21T00:00:00Z

    Golden Gate Capital has agreed to sell Eddie Bauer, the well-known American outdoor and fashion retailer, for $564 million in cash and 4.7 million shares in the chain's new owner, Jos. A. Bank, a men's apparel retailer that has 570 stores in the U.S. The acquisition price is a multiple of ...