All Corporate articles – Page 40
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News briefs
Safety and rescue equipment stolen from Kong’s facility in Italy
Kong, an Italian specialist in carabiners for mountaineering and other safety and rescue equipment, based near Lecco, in the country’s northwest, was subject to a break-in at its headquarters the night of Oct. 19-20. The company said that it was especially concerned because of the type of products that were ...
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News briefs
Brav centralizes its management
The Brav Group – owner of the Swix, Toko, Lundhags, Ulvang, Helsport and Hard Rocx brands – resorted to video conferencing this spring to achieve a reorganization at the height of the Covid-19 quarantines. Leading the charge was the company’s new chief executive, Espen Falck Engelstad, who was instated with ...
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ArticleAmazon is up and running in Sweden
Amazon’s dedicated Swedish platform, Amazon.se – which leaked over the summer through a Finnish software developer – is now live. It offers about 150 million products in 30 categories, with free delivery on orders exceeding 229 Swedish krona (€22.20-$26.10). There is a mix of Swedish (Electrolux, Lagerhaus, OBH Nordica, Ellos, ...
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News briefs
Rab and Lowe Alpine to open sales office in Helsinki
The British outdoor brands Rab and Lowe Alpine, both owned by Equip Outdoor Technologies Ltd., will be opening their own regional office in Finland on Dec. 1. It will be managed by Heikki Tapaninen, who has worked for Rab and Lowe Alpine in the past and was sales manager at ...
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News briefs
Fischer: Production and deliveries not affected by factory fire
After the reports of a fire breaking out at Fischer’s Ukrainian ski factory last week, the Austrian ski company said it has immediately relocated some of its ski production to its Austrian plant in Ried. By adding labor shifts at both locations, the company said it will be able to ...
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ArticleInterview: Goldwin opens Munich flagship; expects positive business development
Clean, minimalist styling, first-rate functionality and zero-compromise performance – the new Goldwin flagship store in Munich undoubtedly reflects the core principles behind the Japanese brand that started out with knits and ski clothing. Today, Goldwin is still offering a technical and fashionable ski collection, but the main focus has changed ...
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ArticleMajor fire in Fischer’s Ukrainian ski factory
Various news sources have reported that a fire broke out in a ski factory in Ukraine last week. According to the State Emergency Service of Ukraine (SES), the roof of a large one-storey building at the JSC Tysa ski factory caught fire on Oct. 12 at 2:00 a.m. Kyiv time. ...
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News briefsBurton opens new Hub, appoints territory manager and marketing coordinator for Nordics
Burton Snowboards will open a new multi-use space, referred to as the Burton Hub, at Norrlandsgatan 20 in Stockholm, Sweden, on Oct. 15. After establishing the concept of combining retail store, showroom, and office spaces already in Innsbruck, Munich, and Zurich, the company now expands to Scandinavia. The new Burton ...
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News briefsMoody’s switches Vista Outdoor’s outlook from negative to positive
Favorable trends in U.S. outdoor activity and Vista Outdoor’s good competitive position with leading brands in various niches of the market have led Moody’s to change the group’s debt rating from negative to positive, following an improvement in its Ebitda margin. Vista’s brand portfolio includes Camelbak, Bushnell, Camp Chef, Primos, ...
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ArticleOberalp Virtual Convention to focus on women; introduction of new brand expected
As the first ”Oberalp Virtual Convention” in May 2020 was extremely positive for the Italian company and its brands Salewa, Dynafit, Wild Country, Evolv and Pomoca with more than 37,000 clicks, and as ongoing travel restrictions due to the Covid-19 pandemic continue to make physical events difficult, the family-owned company ...
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News briefsLuis Trenker reports successful spring/summer 2021 sales season
Luis Trenker, an Italian outdoor-inspired fashion brand founded in 1995 with headquarters in Bolzano, South Tyrol, reported that it has closed its spring/summer 2021 sales season very successfully with an increase of 13.7 percent. Michi Klemera, the founder and chief executive of the brand, said that even if there were ...
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News briefsNorrøna opens factory in Lithuania
On its blog, the Norwegian brand Norrøna revealed that it has just opened its own new factory in Kaunas, Lithuania, which has been developed and built since 2018 to make highly functional products with premium quality more sustainable. “Having our very own factory also allows us to improve innovation and ...
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News briefsHuski Wear: a new Swedish digital-only skiwear brand
With the backing of a Chinese firm and a brand of hot chocolate, three veterans of the sports apparel industry, Lena Claesson, Magnus Liljeblad and Jonas Olsson, have launched a digital-only brand of sports apparel in Gothenburg, Sweden, called Huski Wear. Claesson was formerly design and product director at Peak ...
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ArticleNew brand identity for avalanche airbag pioneer ABS
SpinCapital, the Munich-based owner the German brand ABS since 2017, is reinventing the well-known avalanche airbag brand founded in 1985 with a new strategy, new brand identity, new products, digital offensive and stronger trade marketing.The founder of SpinCapital and chief executive of ABS, Stefan Mohr, is responsible for the newly ...
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News briefs
Clarus raises $11.5m from three top investors to bolster financial strength
Utah-based Clarus Corporation, parent company of Black Diamond, Pieps, Sierra Bullets and Skinourishment, entered into an agreement with three of its top 10 investors - Brown Advisory, Greenhouse Funds and TT Investimentos - to sell 900,000 registered shares of the company to support future growth. The sale will be priced ...
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News briefs
Canada Goose gets positive rating by Moody’s
Rating its debt for the first time, Moody’s gave Canada Goose a B1 corporate family rating and a B2 rating to a proposed senior secured loan of 402 million Canadian dollars (€258m-$300m) due in 2027, nearly half of which would be used to add cash to its balance sheet and ...
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News briefs
Snowleader is expanding its HQ and warehouses
According to Sport-guide, Snowleader is expanding its headquarters in Epagny, on the outskirts of the French city of Annecy, to a total of 3,000 square meters. It is also taking charge of five former Caterpillar warehouses in Versoud, below the Les 7 Laux ski resort, and adding new buildings. The ...
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ArticleFischer lays off 150 workers
Like Rossignol, which has just announced the elimination of 95 jobs, Fischer Sports has decided to lay off 150 workers at its Ukrainian ski factory following a drop of about 25 percent in pre-orders for the coming autumn/winter season. However, the management is cautiously optimistic about the near-term future, considering ...
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ArticleABK is closing down
ABK Company, owner of the ABK climbing brand, is winding up its business, which has run out of capital and was placed in liquidation on Aug. 4 by France’s commercial court. According to Hugo Allard, the company’s chief executive and one of its founders, it was the combination of Covid-19 ...
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ArticleChamatex to open “smart” footwear factory in France with Salomon and others
French textile producer Chamatex has teamed up with Salomon, Babolat and Millet as well as an investment company on the construction of a new footwear manufacturing facility called Advanced Shoe Factory 4.0 (ASF 4.0) in the Auvergne-Rhône-Alpes region of France. ASF 4.0 was founded by Chamatex with the goal of ...
