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SBD Global/April 16, 2013/Finance

Finance Notes: Mizuno Opens New Store In Mongolia

The official opening of Japanese sports equipment and sportswear Mizuno Corporation's retail store in Ulaanbaatar was organized at the "Altan Tugrug" Mall. Mongolia's "KGO" company was allowed to officially distribute the 108 year-old company's products (INFO MONGOLIA, 4/15). ... Tecnica Group "is no longer interested in selling its controlling stake in Lowa, the outdoor footwear brand." Technica CEO Peter Weaver, "who was appointed as Tecnica's chief executive last August," told SGI Europe that the Italian group had put the sale of its Lowa shares on indefinite hold (ISPO, 4/15).
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