U.K. travel giants Thomas Cook, Carlson merge

Article Abstract:

United Kingdom-based Thomas Cook Group and United Kingdom-based Carlson Companies Inc., two leading travel agencies, plan to combine their respective operations in a proposed merger deal that will have an impact on the two firms' retail businesses in Canada. The proposed merger deal between Thomas Cook and Carlson calls for the combination of the international financial-service and leisure-travel operations of Thomas Cook with majority of the leisure and travel operations of Carlson. The planned merger deal is also expected to spur greater specialization and consolidation in the Canadian travel services sector.

Comment:

Plans to merge w/ Thomas Cook in a proposed deal that will have an impact on the two firms' retail businesses in Canada

United Kingdom, Acquisitions & mergers, Thomas Cook Group Ltd., Carlson Companies Inc.

---

Mark's, Levi Strauss launch casual clothing store chain

Article Abstract:

Mark's Work Wearhouse Ltd., a Calgary, Alberta-based casual clothing retailer, is teaming up with Levi Strauss & Co. Canada Inc. to open Dockers stores in Canada. The stores will be 100-percent owned by Mark's and will carry Levi's Dockers brand. Mark's intends to have four test stores in such major markets as Toronto, Ontario, and Calgary in 1999 and in the next five years, it hopes to have a minimum of 150 stores, with an average area of 3,000 sq ft. The new Dockers stores will be added to the Mark's Work Wearhouse and Mark's Work World stores.

Comment:

Is teaming up with Mark's Work Wearhouse to open Dockers stores in Canada

Males' Clothing, Men's and Boys' Cut and Sew Apparel Manufacturing, Males' Clothing, Retail, Men's Clothing Stores, Mark's Work Wearhouse Ltd., Levi Strauss and Company Canada Inc.

---

Royal Airlines, Signature cut deal

Article Abstract:

Montreal, Quebec-based Royal Airlines and Signature Vacations of Toronto, Ontario, have made a deal, which would give Royal an annual revenue of C$200 million. Royal Airlines will become Signature Vacations' primary carrier for flights to the US, Latin America and the Caribbean. Royal has also been chosen as the main carrier to Signature's flights to Florida, Hawaii and Europe as well as 19 Canadian destinations. Meanwhile, Signature Vacations has also agreed to acquire Royal Vacations, a tour subsidiary of the the carrier, for C$3 million.

Comment:

Has made a deal with Royal Airlines to have it as main carrier for flights to US, Latin America and the Caribbean

Scheduled Airlines, Scheduled Air Transportation, Airlines, Royal Airlines (Montreal, Quebec), Signature Vacations

Similar abstracts:

• Abstracts: New strategy in Iraq: Nation emerges. New strategy in Iraq: Planning for failure
• Abstracts: Students under stress: Cold war fears. Student aid: gradual beginnings
• Abstracts: When culture is attacked. Menacing magazines: Ottawa faces another threat from Washington. A blow to magazines
• Abstracts: From here to prosperity. Four pillars look shaky. (Australian government policy of prevening mergers among four major banks)
• Abstracts: Coalition learns to protect its support base. Queensland result blessing in disguise for Howard

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.