Centric Brands is expanding its operations with the acquisition of select assets of Fownes Brothers & Co. As part of the deal, the brand management firm purchased operations, assets, and intellectual property pertaining to the design, development, sourcing, production, sales, and distribution of existing product lines in the cold-weather accessories category from Fownes Brothers. Terms of the deal were not disclosed. More from WWD As part of the acquisition, Centric Brands will assume key licenses inclu ...

Core Insights - Michelin is pursuing two acquisitions, Cooley Group and Tex Tech Industries, to enhance its Polymer Composite Solutions business as part of its "Michelin in Motion 2030" strategy [2][8] - The acquisitions are expected to increase Michelin's revenue from Polymer Composite Solutions by approximately 20%, equating to around 280 million USD [5][8] - Both transactions are anticipated to close in the first half of 2026, pending regulatory approvals, and will be financed entirely in cash [5][8] Company Details - Cooley Group, celebrating its 100th anniversary in 2026, specializes in high-performance polymer coated fabrics and is vertically integrated with capabilities in weaving, knitting, and polymer extrusion [3] - Tex Tech Industries, founded in 1904, is known for its specialty textiles and coatings, serving demanding applications such as Thermal Protection Systems for space vehicles and fire-resistant materials for aircraft [4] Market Position - Michelin is already a leader in coated fabrics in Europe with established brands like Orca, and these acquisitions will significantly accelerate its market expansion [5][8] - The Polymer Composite Solutions segment is becoming increasingly significant within Michelin's overall business, prompting plans to create a dedicated reporting segment starting in 2026 [6]

集团主要于香港从事餐厅营运业务。一木投资(四季10)有限公司为公司的间接全资附属公司，专注于该 地区的餐厅营运。董事会认为，订立租赁协议为集团带来扩大其餐厅网络的重大机遇，符合其整体业务 发展策略。 CLASSIFIED GP(08232)发布公告，于2025年12月29日，租户一木投资(四季10)有限公司(公司间接全资 附属公司)就该物业的租赁与业主香港房屋委员会订立租赁协议，自2025年12月29日起至2028年12月28 日止(包括首尾两日)固定期限为三年，以营运集团的其中一间餐厅。 该物业位于香港九龙黄大仙启钻苑(第二期)启钻商场107号舖。 ...

HANGZHOU, China, Dec. 24, 2025 /PRNewswire/ -- Eastern International Ltd. ("Eastern International" or the "Company") (NASDAQ: ELOG), a provider of domestic and cross-border professional logistic services including project logistic and general logistic for Company clients, today announced that its wholly-owned subsidiary, Guizhou Tianrun Zhicheng Construction Engineering Co., Ltd. ("Guizhou Tianrun"), has entered into a construction contract (the "Contract") with Weifang Branch of CSCEC Southwest Architectu ...

Turkey-based HRK Holding, operating under the name Saat & Saat, has acquired apparel manufacturer and retailer Aydinli Group. The transaction was confirmed by USPA Global, which oversees US Polo Assn., the official brand of the United States Polo Association. Both Saat & Saat and Aydinli Group have long served as licensing partners of the brand. Aydinli Group manages US Polo Assn. retail networks worldwide, operating close to 450 branded stores, alongside multiple regional e-commerce platforms and whol ...

On 19 December 2025, AS Ekspress Grupp entered the contract for the acquisition of 100% of shares in the traffic training platform Liikluslab Baltic OÜ. Liikluslab Baltic OÜ is a platform for traffic education materials (liikluslab.ee) founded in 2019, which has expanded rapidly and offers services to both private individuals and driving schools. Liikluslab Baltic has two subsidiaries: the traffic learning environment Teooria OÜ (teooria.ee) and Liikluslab Tervis OÜ, which deals with health certificates for ...

VANCOUVER, Wash., Dec. 16, 2025 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (BBSI) (NASDAQ: BBSI), a leading provider of business management solutions and one of the largest professional employer organizations (PEO) in the U.S., today announced the promotion of Larry Lewis to Regional Vice President of Northern California. In his expanded role, Lewis will provide strategic leadership and guidance to branch management teams across Northern California, supporting the company’s ongoing growth in these ...

Banesco’s headquarters in San Juan, Puerto RicoBanesco USA closed its acquisition of the Small Business Administration lending business and about $95 million in SBA loan balances from BayFirst Financial Corp., formally marking its entry into the national small business lending market.The transaction allows Banesco to diversify its commercial services while expanding beyond its existing markets. As part of the deal, Banesco acquired the servicing rights tied to the purchased loans and will also service all S ...

Core Insights - Dutch Bros and Cava stocks experienced contrasting performances in 2025, with Cava shares halving while Dutch Bros shares increased by approximately 15% year-to-date [1] Cava Group - Cava Group's current market capitalization is $6.2 billion, with a current stock price of $53.15 [3] - The company reported a decline in same-store sales growth, with Q2 growth at 2.1% and Q3 slowing to 1.9%, following a period of four consecutive quarters of double-digit growth [4][5] - Restaurant-level profit margin decreased by 100 basis points to 24.6% in Q3 [4] - Cava lowered its guidance for same-store sales, profit margins, and adjusted EBITDA for the second consecutive time, negatively impacting stock performance [5] - The company aims to expand from 415 locations to 1,000 by 2032, with a projected 16% growth in units for 2026 [6] - Cava plans to enhance same-store sales through menu innovation, including testing new protein options and expanding its rewards program [7] Dutch Bros - Dutch Bros has a market capitalization of $7.8 billion, with a current stock price of $61.05 [8] - The company has experienced strong same-store growth driven by mobile ordering, brand marketing, and menu innovation [9] - Dutch Bros is testing hot food items, which could significantly increase traffic and transaction amounts, with a reported 4% lift in comparable-shop sales during tests [10][11] - The company plans to open approximately 175 new shops in 2026, with a long-term goal of over 2,000 locations by 2029 and a potential of around 7,000 locations in the U.S. [12] Conclusion - Cava is positioned for a potential turnaround in 2026, benefiting from easier comparisons and new menu items [13] - Dutch Bros is favored for its expansion potential and the opportunity presented by introducing hot food items, making it a top growth stock for the upcoming year [14]

VANCOUVER, Wash., Dec. 09, 2025 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (BBSI) (NASDAQ: BBSI), a leading provider of business management solutions and one of the largest professional employer organizations (PEO) in the U.S., announced it has opened a physical branch location in Nashville, Tennessee. This expansion further strengthens BBSI’s national presence and underscores the company’s commitment to supporting small and mid-sized businesses across the Southeast. “There’s no better place than N ...