All Corporate articles – Page 41
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News briefsExtrem Skis expands ski factory in Åre
The Swedish ski brand Extrem Skis has unveiled pictures of the new 350 square meter expansion of its ski factory in Åre. The company stated that it took three years of planning and one year of construction to complete the new annex. Extrem Skis also invested in two state of ...
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News briefsDénériaz moves to larger premises
Sport-guide.com reports that Dénériaz, the French ski brand founded eleven years ago by Olympic champion Antoine Dénériaz, has moved its headquarters to a 700-sqm site in the Vernays industrial zone in Doussard. This space, almost double that of the previous facility, meets the needs of the “rapidly expanding company,” as ...
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ArticleKlarna becomes the most valuable financial start-up in Europe
Klarna, a Swedish online payment service provider with headquarters in Stockholm, raised $650 million in an equity funding round, which values the whole company $10.65 billion. Klarna claims that the valuation ranks it as the highest-valued private fintech in Europe and the 4th worldwide. The funding round was led by ...
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News briefsPrimaLoft and Shanghai Challenge Textile enter exclusive global production partnership
PrimaLoft, Inc. and Shanghai Challenge Textile Co, LTD have announced an exclusive partnership for the production of PrimaLoft® Performance Fabrics. Shanghai Challenge is a Shanghai-based manufacturer with a proven track record for the design, research, development and production of functional fabrics. The company will bring this expertise to the PrimaLoft® ...
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ArticleClarus expects Black Diamond and Sierra to grow
In a presentation at this year’s virtual edition of the Gateway Conference in San Francisco, an annual invite-only conference that brings together the most compelling companies with the nation’s top investors and analysts, Clarus called the Covid-19 pandemic a “potential blessing” for its Black Diamond and Sierra brands, as new ...
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News briefs
Altexa launches HDry in North America
Matteo and Luca Morlacchi, the Italian brothers who invented the OutDry technology, which Columbia Sportswear acquired 10 years ago, presented a new waterproof and breathable membrane called HDry® at Ispo Munich 2020 with their company Altexa srl. Now, Altexa and GHS Holdings announced the launch of the HDry® brand in ...
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News briefs
Snow Peak opens U.S. headquarters in Portland
Snow Peak, an outdoor gear and apparel company originally from Japan and sold all over Asia, in the U.S. and the UK, reported that it has opened its U.S. headquarters and a retail flagship store at 404 NW 23rd Ave. in Portland, Oregon. The brand, founded in 1958, has grown ...
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News briefs
Fjällräven sued by Colorado landlord
Several sources have reported that Fjällräven’s landlord in Boulder, Colorado, has sued the outdoor company for not paying rent for its store at 1048 Pearl Street since April. The landlord, Ten Eleven Pearl LLC, claims that Fjällräven owes $88,760 in base rent and $38,261 in additional charges. The 356 square ...
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ArticleLloyds Fonds acquires 2.4% of Polygiene AB
As we reported earlier, the Swedish fabric technology brand Polygiene, which was founded in 2006 as a spin-off of the Swedish chemical company Perstorp, was among the winners in the Covid-19 pandemic thanks to its new antiviral treatment, ViralOff®, which was launched in April. This success also aroused the interest ...
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News briefs
Arc’teryx opens new brand store in Calgary
Arc’teryx opened its first North American brand store in 2020 in Calgary’s largest retail center, the Chinook Centre, on Aug. 29. The new 130 square-meter store is the brand’s third store in the Canadian province of Alberta, and the second one in the city of Calgary. The design incorporates a ...
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News briefsSmith & Wesson spins off American Outdoor
Smith & Wesson, the American manufacturer of firearms, completed the spin-off of its outdoor products and accessories business, American Outdoor Brands, on Aug. 24. As of the following day, American Outdoor is trading on the NASDAQ exchange under a new ticker symbol: AOUT. Each holder of Smith & Wesson common ...
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ArticleBradshaw Taylor repositions Le Chameau
After Bradshaw Taylor Ltd, an outdoor sales specialist from Oakham, UK, bought the premium boot brand Le Chameau last November, the family business has invested heavily in the brand. To position it well for the future, company boss Corry Taylor and his team have made drastic and daring changes that ...
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News briefsPeak Performance opens new flagship store in Hamburg
Peak Performance will open its new flagship store in Hamburg, Germany, on Sept. 3. The store is centrally located in Hamburg’s city center at Bleichenbrücke 10/Kaufmannshaus and builds on the Swedish brand’s strategic approach of combining fashion and function. The focus is on urban lifestyle and nature and is balanced ...
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News briefsNo More Boots secures new capital for SkiClicker and more
The Swedish company No More Boots™, which was founded in 2015 and invented the SkiClicker™ concept, reports that is has raised new capital. While round-one investors in the company, Almi Invest and E14, are re-investing, the company has told The Compass that among the new investors are Tommy Eliasson Winter, ...
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News briefsHurley family launches new apparel label with surf champion John Florence
John “John John” Florence, the two-time world champion surfer from Hawaii, has announced the launch of his new label, Florence Marine X, in partnership with Bob Hurley and his sons, Jeff and Ryan. The new brand will focus on apparel, especially “products for outdoor exploration and thriving in the elements, ...
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News briefs
Clim8 raises €2.75 million in Series A funding
Clim8, a French start-up specializing in wearable technology, has raised €2.75 million from Seventure Partners, Agileo Ventures and the Deveaux Group. The company said that this round combines three main objectives: First, Clim8’s ambition is to be able to bring its technologies to new industries and new international markets; second, ...
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ArticleRussian outdoor goods industry resumes operation
Russian outdoor industry companies hit by the Covid-19 pandemic are gradually getting back to business. N1Sport – according to its owner, Alexey Surkin – has not only resumed production but expanded its range, beginning to manufacture athletic apparel for the mass market under the Sterin brand. The first products in ...
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News briefsGerman outdoor chain McTrek back on track?
After the Yeah! AG from Germany, majority-owned by the Belgian A.S. Adventure Group and operator of 43 McTrek outdoor stores and an online shop, filed for insolvency on April 1, the retail chain can now reposition itself after a successful restructuring carried out by Thomas Rittmeister, lawyer and restructuring expert ...
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News briefs
Unsecured Go Outdoors creditors likely to receive only small repayments
We have previously reported on the problems of UK retailer JD Sports Fashion with its struggling outdoor chain Go Outdoors. Shortly after Go Outdoors was put into administration in June and Deloitte was appointed administrator, JD Sports Fashion bought the business back in a pre-pack deal, saying that unfair rents ...
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News briefsVF to open multi-brand store in Milan
VF Corp. will be opening its first multi-brand store, called Orefici 11 Milano, in the autumn. Located in the Italian city, the three-level, 22,000-square-foot store is meant to reflect its surroundings, mimicking the courtyards, façades and balconies of typical Milanese apartment buildings, the so-called case di ringhiera (guard-rail houses). As ...
