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46th Annual Commemorative Service at Ebenezer Baptist Church in Atlanta, Georgia January 20, 2014. REUTERS/Tami Chappell 3/15 left right Marki Ash of Brainerd High School's dance team prepares for the annual parade to honor Martin Luther King, in Chattanooga, Tennessee, U.S., January 16, 2017. REUTERS/Billy Weeks 4/15 left right Brainerd High School's drum corp prepares for the annual parade down MLK Boulevard to honor Martin Luther King, in Chattanooga, Tennessee, U.S., January 16, 2017. REUTERS/Billy Weeks 5/15 left right People photograph marchers in the annual parade down MLK Boulevard to honor Martin Luther King, in Chattanooga, Tennessee, U.S., January 16, 2017. REUTERS/Billy Weeks 6/15 left right Joyce Allgood, a member of the 44th USCT reactors, carries the American flag in the annual parade to honor Martin Luther King, in Chattanooga, Tennessee, U.S., January 16, 2017. REUTERS/Billy Weeks 7/15 left right Marchers place their parade signs next to the stage during Chattanooga's evening celebration to honor Dr. Martin Luther King, Tennessee, U.S., January 16, 2017. REUTERS/Billy Weeks 8/15 left right Henry Slayton, a Vietnam veteran, attends the annual parade down MLK Boulevard to honor Martin Luther King, in Chattanooga, Tennessee, U.S., January 16, 2017. REUTERS/Billy Weeks 9/15 left right People gather to march in the annual parade down MLK Boulevard to honor Martin Luther King, in Chattanooga, Tennessee, U.S., January 16, 2017.
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We are excited about OGIO becoming part of Callaway and believe this acquisition aligns well with our stated goal of strategically developing growth in tangential areas, Callaway president and chief executive officer Chip Brewer said in a release. There is a robust strategic fit between the companies; both are strong brands with กระเป๋า ZARA ราคา a sports heritage that share a passion for creating high-quality, performance-driven products. There is also significant overlap in our supply chains and go-to-market strategies, which should allow us to add value and create profitable growth. In addition to making golf bags and golf travel bags, Ogio recently started selling golf apparel and accessories such as belts and umbrellas. The company has endorsement deals with Aaron Baddeley, Kevin Streelman, Chris like it Stroud and Ben Kohles. Ogio also markets bags and accessories for outdoors and fitness enthusiasts, motorcyclists and triathletes. Callaway said in the release it expects Ogio to contribute $45 million to Callaways 2017 revenues with an annual EBITDA of approximately $10 million after integration is complete. After absorbing non-recurring transaction and transition expenses of approximately $7 million, Ogio is expected be dilutive by approximately 2 cents to Callaways 2017 earnings per share but should be accretive after that. Callaway intends to finance the transaction with cash on hand and borrowings from its existing asset-backed credit facilities.
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The stake in the French luxury group will give Peta the right to attend shareholder meetings and question the board in front of other shareholders. Peta has not said how many shares it has bought. Such a move is common among pressure groups. The move by Peta - People for the Ethical Treatment of Animals - follows its investigation into the way that crocodile skin, which is often used for luxury goods, is harvested. Peta said: "In the wake of an expose revealing that reptiles on crocodile farms in Vietnam - including two that have supplied skins to a tannery owned by Louis Vuitton's parent company, LVMH - are confined to tiny pits and sometimes hacked into while they're still alive and thrashing, Peta has become a shareholder of LVMH on the Euronext Paris to put pressure on the company to stop selling exotic skins merchandise." Commenting when Peta's video was released last month, LVMH's director of environment, Sylvie Bernard, said that its tannery, Heng Long, had not bought crocodile skins from any Vietnamese farms since 2014. "We have no knowledge of a partner that would practice the method you referred to ... any cruel method involving the suffering of the animal is in clear contradiction with our principles and rules," she said. LVMH is the world's biggest luxury group. Its brands include Louis Vuitton handbags, several Champagne brands, Hennessy cognac and fashion labels Fendi and Marc Jacobs.
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