All Corporate articles – Page 62
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On June 20, five days after the publication of its...
On June 20, five days after the publication of its stellar results for the last financial year (see the article in this issue), Canada Goose announced a secondary offering for 10 million subordinate voting shares by three of its shareholders, corresponding to about 9 percent of its equity. Bain Capital, ...
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Glorify Unbreakable signed up its 1,000th “business rebel” in early...
Glorify Unbreakable signed up its 1,000th “business rebel” in early June as part of a crowd-funding campaign to help launch the Austrian sports and outdoor eyewear more deeply into the international market. Through the campaign, which kicked off in September 2017, the company's inventor and business owner, Christian Egger, was ...
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Calida Holding, the Swiss lingerie company that has controlled Lafuma...
Calida Holding, the Swiss lingerie company that has controlled Lafuma since December 2013, has announced the acquisition of a further 8.54 percent stake in the company, by taking over all the shares held by a minority investor, CDC Entreprises Elan PME. With this transaction, Calida's stake rises to 87.70 percent. ...
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Eddie Bauer and Pacific Sunwear, two struggling American retail chains...
Eddie Bauer and Pacific Sunwear, two struggling American retail chains that together have a total of 700 stores, are being merged into a single operation for all their back-office functions. They were both taken over by Golden Gate Capital through bankruptcy auctions.
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IDC Capital, a New York-based investment fund that has already...
IDC Capital, a New York-based investment fund that has already made many important investments in Chinese companies, has acquired a stake of nearly 20 percent in the Rossignol Group. One of the goals is to help the French company to optimize its penetration of the growing Chinese market for winter ...
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Keen Footwear is planning to adopt a new manufacturing process...
Keen Footwear is planning to adopt a new manufacturing process for its shoes that requires no stitching, no lasting and no assembly, called 3D bonding. Using an injection machine, a 3D mold and a countermold, the process takes only a few seconds and can be applied to all kinds of ...
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VF Corporation has announced the completion of its acquisition of...
VF Corporation has announced the completion of its acquisition of Altra from Icon Health & Fitness
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Various investment firms and equity funds are reportedly considering a...
Various investment firms and equity funds are reportedly considering a possible takeover of Woolrich International, the company controlled by Italy's WP Lavori in Corso, with a valuation of €250-300 million
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Newell Brands plans to divest Pure Fishing, a division of...
Newell Brands plans to divest Pure Fishing, a division of the former Jarden Corporation that groups numerous brands including Berkley, Abu Garcia, Penn and Shakespeare, joining Rawlings on the selling block. It will also seek a buyer for Jostens, among other assets in other sectors. Together, they represent about 35 ...
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Patrol Oy, the Finnish distributor of Fischer, has bought the...
Patrol Oy, the Finnish distributor of Fischer, has bought the One Way Sport brand of poles. The acquisition doesn't include the rights to the brand in China, which are owned by 361 Degrees. Meanwhile, Nordic Sports Consulting has started distributing the poles of Exel in Germany and Austria, according to ...
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Amer Sports notified the investment community that AXA, the French-based...
Amer Sports notified the investment community that AXA, the French-based insurance company, has raised its stake in the company to 5.26%
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Acting through its strategic investment arm, Tin Shed Ventures, Patagonia...
Acting through its strategic investment arm, Tin Shed Ventures, Patagonia has joined a $12.4 million funding round for NuMat Technologies, which develops and markets metal-organic frameworks (MOFs) that are programmed to specifically interact with targeted molecules. NuMat compares its manufacturing process to precision medicine in the health care sector.
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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, ...
