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January 23, 2012 Reports: VF Corp., Puma Have Eyes for Helly Hansen
The estimated sale price for the Helly Hansen brand, owned by Nordic private equity firm Altor Equity Partners since 2006, is likely to be in the neighborhood of £200 million ($311 mm), according to the Sunday Times in the United Kingdom. LifeCore Fitness Assumes Ops of Diamondback Fitness Via Global License
LifeCore Fitness, which has been operating Raleigh America’s Diamondback Fitness (DBF) division with independent distribution, product development and marketing strategies, today takes ownership of all Diamondback operations through a global licensing agreement. Fitness Gear Maker Cybex Intl. Faces Nasdaq De-listing
Cybex was notified of its delisting warning for failing to maintain a minimum market value of publicly held shares of at least $5 million for 30 consecutive days. Former Swoosh Shoe Designer Opening School in Oregon
D’Wayne Edwards, a longtime Nike shoe designer who has been teaching footwear design for more than two years, is opening his own footwear design school in Portland, OR. Golden State’s Valley SG is No More
The 65+ year-old business in Modesto, CA, ppears to have shuttered its doors for a final time. Prince Sports Opening Advanced Tennis Innovation Center
Prince Sports and IMG Academies are enhancing their long-standing relationship. Under terms of a new agreement, IMG Academies will become a prime catalyst of Prince’s ‘Who’s Next?’ philosophy aimed at cultivating future tennis champions.
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