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Latest Herbert Hainer Stories

2014-01-15 23:22:00

Harrington, previously CEO of Easton-Bell Sports and SVP/COO of Reebok Intl Ltd to bring a wealth of experience from sports retail to the Los Angeles based tech platform. Los Angeles, CA (PRWEB) January 15, 2014 Vixlet, LLC today announced it has appointed Mr. Paul Harrington (Paul) as member of its Advisory Board. "Paul is a proven CEO with strong experience in global consumer brands. He brings a wealth of expertise in strategy, marketing, branding and operations to our advisory...

2009-12-01 07:00:00

NEW YORK, December 1 /PRNewswire/ -- GDS International has built up quite a reputation amongst the Fortune 500. The global media giant has had double figure growth every year for the last five years, and has offices in almost every continent. They now boast the fastest growing news source amongst the executive community in the world, increasing its reach by 200,000 across all verticals every month through their new digital initiatives. Because of this, the world's business leaders...

2005-12-07 09:43:34

BERLIN (Reuters) - Adidas hopes to capitalize on enthusiasm for the Germany 2006 soccer World Cup by selling 10 million official balls, the firm's chief executive was quoted as saying on Wednesday. "We sold almost six million of the 2002 World Cup ball, more than six million of the 2004 European Championships ball and we aim to sell 10 million of the Germany (2006) ball," CEO Herbert Hainer told WirtschaftsWoche magazine. Hainer gave little away about the design of the ball, which...

2005-08-03 14:57:20

By Ulf Laessing FRANKFURT (Reuters) - Germany's sporting goods maker Adidas-Salomon has agreed to buy U.S. rival Reebok for $3.8 billion in a move to close the gap on Nike and promise a profit increase by expanding in the United States and entering new markets. The world's second- and third-biggest sports goods companies said Wednesday Adidas would buy the outstanding shares of Reebok for $59 per share in cash, a 34 percent premium to Reebok's closing share price Tuesday. The...

2005-08-03 08:29:12

By Ulf Laessing FRANKFURT (Reuters) - Germany's sporting goods maker Adidas-Salomon has agreed to buy U.S. rival Reebok for $3.8 billion, closing the gap on Nike and promising a profit jump by expanding in the United States and entering new markets. The world's second- and third-biggest sports goods companies said on Wednesday Adidas would buy the outstanding shares of Reebok for $59 per share in cash, a 34 percent premium to Reebok's closing share price on Tuesday. The combination will...

2005-08-03 06:29:01

By Ulf Laessing FRANKFURT (Reuters) - German sporting goods maker Adidas-Salomon is buying U.S. rival Reebok in a 3.1 billion euro ($3.8 billion) deal to expand its reach in Nike's home market. Shares in Reebok surged 32 percent to $58.17 in Germany, while Adidas was up 6 percent at 156.40 euros at 1005 GMT, after it painted a bright outlook for the merged group. Adidas shares had initially dropped 4 percent on the news, as it said it would help fund the takeover with equity and as...


Word of the Day
holluschickie
  • A 'bachelor seal'; a young male seal which is prevented from mating by its herd's older males (mated bulls defending their territory).
This comes from the Russian word for 'bachelors.'
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