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Altana Buys Nulabel Technologies
Aug 14, 2017Specialty chemicals group Altana has acquired NuLabel Technologies, which develops engineering and material science solutions to enhance packaging design using less material. The companies have agreed not to disclose the purchase price. ...
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Ricebran Technologies Appoints Robert Smith as Interim CEO
Sep 6, 2016RiceBran Technologies announced that its board of directors has named Dr. Robert Smith, the company's chief operating officer, as interim CEO, effective immediately. Dr. Smith will succeed W. John Short, who will remain with the Company ...
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PSG Swings to a Fiscal Q3 Loss on Retailer Bankruptcies
Apr 19, 2016Performance Sports Group Ltd. swung to a net loss in the fiscal third quarter ended February 29 as expected due to a precipitous drop in baseball and softball sales, retail bankruptcies and the impact of currency exchange rates on its ...
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Iconix Posts Steep Q4 Loss After Writeoffs
Mar 30, 2016Iconix Brand Group Inc. reported a loss of $263 million, or $5.44 a share, after charges of $402.4 million to writeoff the company's trademarks and goodwill. Over 90 percent of the impairment is related to the company's men's business ...
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Nuvasive CEO Resigned
Apr 3, 2015An independent investigation, overseen by NuVasive’s board, found Alex Lukianov had not complied with certain company expense reimbursement and personnel policies. NuVasive’s CEO has resigned from the company after an ...
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Li Ning Expected to Post a Loss for 2014
Mar 24, 2015Li Ning widened its loss in 2014 to RMB743.5 million ($125 mm) from RMB359.4 milion a year ago. Revenues rose 15.6 percent to RMB6.73 billion ($1.13 bn) from RMB5.82 billion. Li Ning warned in January that it expected to post a loss for ...
Tags: Li Ning, growth phase, Sporting Goods
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Crocs Newest CEO Ribat to Continue to Serve as a Director
Jan 29, 2015Crocs Inc. announced its Gregg Ribatt will start working as its new CEO Jan. 28 and that Jason Giordano, managing director of Blackstone's Private Equity Group, has joined its board of directors. Ribatt, who was named at Crocs newest CEO ...
Tags: footwear, apparel, Sporting Goods
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Mrs. Fields Confections Has Acquired Maxfield Candy Company for an Undisclosed Amount
Dec 29, 2014Mrs. Fields Confections, a subsidiary of Famous Brands International, has acquired Maxfield Candy Company for an undisclosed amount. The transaction includes the acquisition of Maxfield Candy's brands Maxfield Candy and Nutty Guys. This ...
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Rubicon Appoints Weissman as The Board of Directors
Dec 17, 2014Rubicon Technology Inc of Bensenville, IL, USA (which makes monocrystalline sapphire substrates and products for the LED, semiconductor and optical industries) says that its board of directors has appointed William Weissman to the permanent ...
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Ae Posts 200 Basis Points From a Year Earlier Quarter Hike in Gross Profit Margins Q3FY14
Dec 16, 2014Driven by reduced markdowns, American Eagle Outfitters posted a 200 basis points from a year earlier quarter hike in gross profit margins for the third quarter ended November 1, 2014. Gross profit increased 6 per cent year on year to $315 ...
Tags: buying, occupancy, warehousing deleverage, Apparel
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Fox Head Announces Pete Fox to Rejoin in Newly Created Role of Chief Creative Officer
Dec 12, 2014Fox Head Inc. announced that Pete Fox will rejoin the company in the newly created role of chief creative officer. Fox will report directly to Interim CEO Scott Olivet with his appointment being effective immediately. Formerly the ...
Tags: Officer, Former CEO, Sporting Goods
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Altamont Capital Partners Is Leading a Majority Recapitalization of Fox Head, Inc
Dec 12, 2014Altamont Capital Partners is leading a majority recapitalization of Fox Head, Inc. the number one global motocross equipment, apparel and accessory brand. The current owners of the business, the founding Fox family, will continue to own a ...
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EBITDA Soares 38% Year-on-Year to $13.5 Million in The Q314
Nov 17, 2014Adjusted EBITDA at NYSE listed, American Apparel, a marketer and retailer of clothing soared 38% year-on-year to $13.5 million in the third quarter ending September 30, 2014. However, net loss for the third quarter of 2014 shot up ...
Tags: Adjusted EBITDA, American Apparel, Apparel
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Rubicon Reports Revenue of $8m of Q314, Down by $6.5m on $14.5m Last Quarter
Nov 13, 2014For third-quarter 2014, Rubicon Technology Inc of Bensenville, IL, USA (which makes monocrystalline sapphire substrates and products for the LED, semiconductor and optical industries) has reported revenue of $8m (at the bottom of the $8-12m ...
Tags: 2-Inch Sapphire, Electronics
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Schutt Sports Begin to Liquidate
Nov 10, 2014Schutt Sports acquired the Adams, Trace, Bolco Bases, Neumann Gloves and Bucks Belts brands and accompanying spring 2015 inventory last week, in a deal that clears the way fro Adams USA Inc. to liquidate. Adams USA Interim CEO Tom Haas ...
Tags: Schutt Sports, Gloves, Bucks Belts, Sporting Goods