All Corporate articles – Page 63
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Mascot Bidco Oy, the investment consortium led by Anta Sports...
Mascot Bidco Oy, the investment consortium led by Anta Sports Products, reports that it has gained title to all the shares in Amer Sports through the redemption of those that had not been tendered already. The stock was de-listed from the Nasdaq Helsinki exchange on Aug. 23.
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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 ...
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Wolverine Worldwide's board has approved a share repurchase program which...
Wolverine Worldwide's board has approved a share repurchase program which will return $400 million to shareholders over the next four years. The footwear group said it will repurchase shares as appropriate and in compliance with any restrictions contained in the company's credit agreements.
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Kraig Biocraft Laboratories, the developer of spider-silk-based fiber, has completed...
Kraig Biocraft Laboratories, the developer of spider-silk-based fiber, has completed the construction of its new biotech research laboratory suite in Vietnam, within the firm's new spider silk production facility in the Quang Nam province
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Columbia Sportswear has purchased three buildings from Electro Scientific Industries...
Columbia Sportswear has purchased three buildings from Electro Scientific Industries (ESI), a firm specialized in laser applications. All lie within a quarter-mile of Columbia's current headquarters in Washington County, Oregon, and will expand it. The additional 200,000 square feet of space are costing about $33 million. The first building should ...
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Hestra, the Swedish maker of sports gloves, has doubled its...
Hestra, the Swedish maker of sports gloves, has doubled its headquarters in the U.S. by relocating to a new building in Arvada, Colorado. The premises measure 32,000 square feet and host the company's corporate offices, warehouse and U.S. showroom, which can display more than 400 models of gloves. The building ...
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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
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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 ...
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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
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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 ...
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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 ...
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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
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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”
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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
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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 ...
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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 ...
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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 ...
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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 ...
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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
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Vibram is celebrating the 10th anniversary of the Vibram Technological...
Vibram is celebrating the 10th anniversary of the Vibram Technological Center (VTC) in Guangzhou, China. The facility is an innovation hub where the Italian brand studies innovative compounds and technologies and creates prototypes of new products prior to launching them on the market. The VTC staff operates in close synergy ...
