All Corporate articles – Page 45
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News briefs
The Austrian Lenzing Group will build a wood-pulping plant in Brazil
The Austrian Lenzing Group will build a wood-pulping plant in Brazil as part of a joint venture with the wood-based materials group Duratex. The plant in the state of Minas Gerais, near São Paulo, will strengthen the backward integration and thus the special fiber growth of the fiber producer and ...
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News briefs
Bluestar Alliance turns Nike’s former action sports brand into a licensed operation
(SGI) Bluestar Alliance, the new owner of Hurley, is moving quickly to turn Nike’s former action sports brand into a licensed operation. According to ShopEatSurf, it has signed contracts for the U.S. with companies specializing in men’s clothing, women’s clothing and swimwear. The licensees will rehire some or all of ...
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News briefs
In-Sport Fashions, based in Montréal, has acquired Slackline Industries
In-Sport Fashions, a distribution company based in Montréal, Canada, has acquired Slackline Industries, a manufacturer of slacklines and slackline systems, from Canaima Outdoors Inc. in Colorado. The products of Slackline Industries are currently sold in 10 countries. Slackline Industries is also the inventor of the ISI slackline judging system, one ...
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News briefs
Simond has moved into a new head office and factory
Simond, the French producer of mountaineering equipment purchased by Decathlon in 2008, has moved into a new head office and factory of 4,000 square meters at Vigie near Chamonix, using more modern and automated machinery to make its crampons, carabiners and ice axes. About 20 people were employed at original ...
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News briefs
Pentland has agreed to buy the rights to the Speedo brand in North America and the Caribbean
(SGI) Pentland announced a couple of weeks ago that it has agreed to buy the perpetual rights to the Speedo brand in North America and the Caribbean and the related operations from PVH Corp. for $170 million in cash, uniting all the brand’s operations around the world under a common ...
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News briefs
The Thule Group has acquired Denver Outfitters
(SGI) The Thule Group has acquired Denver Outfitters, an American producer of vehicle-mounted fishing-rod carriers. The company was founded in 2010 and is based in Denver, Colorado, although its website lists an address in Seymour, Connecticut. A banner on the homepage acknowledges the acquisition and says that deliveries of outstanding ...
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News briefs
La Sportiva has been honored with an Italian award
La Sportiva has been honored with an Italian award dedicated to family-owned companies that have been able to successfully manage the generational shift. The prize, which is called “Di padre in figlio” (Italian for “From father to son”), was presented at a special ceremony at the Swiss Center in Milan ...
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News briefs
Anllian Capital is issuing convertible bonds with a zero coupon worth €1 billion
Anllian Capital – a special-purpose investment vehicle belonging to Anta Sports Products that directly or indirectly owns just over 59 percent of Amer Sports through the Mascot Bidco consortium – is issuing convertible bonds with a zero coupon worth €1 billion. Issued at a price 0.25 percent higher than the ...
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News briefs
The Oberalp Group, which owns Salewa and other brands, indicated at its recent sales meeting…
…that its “Brand House” is going to soon add a sixth brand of mountain sports products. Declining to provide any details at this stage, Ruth Oberrauch, brand manager and sustainability manager of the group, said it is still working on the new project, but she denied that Oberalp is about ...
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Article
Adidas launches a skiwear line
Confirming a report in Süddeutsche Zeitung, Adidas says it is planning to enter the snowsports market with a line of winter sports apparel for cross-country and alpine skiing, ski touring and snowboarding for the autumn/winter 2020/21 season. It will be launched under its growing sub-brand for outdoor products, Adidas Terrex, ...
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Article
Amer is focusing on brand management
(SGI) In a move intended to get closer to the consumer, Amer Sports is introducing a new “brand-direct” business model into its global sales organization. Each of the brands in Amer’s portfolio – Arc’teryx, Peak Performance, Atomic, Salomon, Suunto, Wilson and Precor – will have a dedicated, direct sales structure ...
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News briefs
In keeping with a months-old plan to pare down its...
In keeping with a months-old plan to pare down its brand portfolio, Idealp Sport will be shutting down Degré 7, its brand of technical ski apparel, according to sport-guide.com. Quoting Michel Pescio, director of sales and marketing at the French mountain-sports company, sport-guide.com said that Idealp seeks to narrow its ...
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Short stops
Darn Tough Vermont, the U.S. performance outdoor and lifestyle sock...
Darn Tough Vermont, the U.S. performance outdoor and lifestyle sock manufacturer, has completed the multi-million dollar renovation of an existing 100 year-old building, the Nantanna Mill, which will now serve as the brand's new 6,100-square-meter site for all sock finishing processes in its hometown of Northfield, Vermont
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News briefs
Kering, the French luxury group that controlled Puma for a...
Kering, the French luxury group that controlled Puma for a while, has held “preliminary discussion” about a potential takeover of Moncler, according to Reuters. The Italian luxury outerwear brand is more profitable than Puma, and it is growing as fast as some of Kering's luxury brands, including Gucci, Yves Saint-Laurent ...
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Article
BlackYak opens technology center in Germany
Since entering the European market officially in 2016, BlackYak has quickly established itself in the global outdoor industry thanks to numerous innovations and very distinctive design. Also contributing to this success were 24 Ispo Awards, which the South Korean outdoor specialist has so far received for its products targeting serious ...
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News briefs
Bookman, a Swedish company that offers functional headlights, bike lights...
Bookman, a Swedish company that offers functional headlights, bike lights and reflectors under the Bookman Urban Visibility label, has received an injection of SEK3.5 million (€330,000-$370,000) from three Swedish investors including Stefan Ytterborn, the founder of Poc Sweden. Founded in 2011 in Stockholm by Victor Kabo and David Axelsson, Bookman ...
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Article
Bergans makes a push into e-commerce
Bergans of Norway announced a major investment in the international digital marketplace a few weeks ago. The family-owned Norwegian outdoor brand has been a national icon for over a century, generating most of its sales in Norway and focusing its e-commerce platform on the domestic market. To enhance its omnichannel ...
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News briefs
Hyosung has begun commercial operation at its first spandex plant...
Hyosung has begun commercial operation at its first spandex plant in India. The facility, which occupies about 400,000 square meters, is located in the Auric industrial complex near Aurangabad, in the state of Maharashtra. It has an annual production capacity of 18,000 tons of spandex. Hyosung began operations in India ...
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News briefs
Jack Wolfskin, the German outdoor gear and apparel brand, has...
Jack Wolfskin, the German outdoor gear and apparel brand, has announced plans to build North American headquarters in Utah. The State of Utah is offering a tax rebate to the company for expanding its operations there. The company expects to create 50 jobs in connection with the new facility over ...
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News briefs
Poler Outdoor Stuff, a Portland-based outdoor apparel company founded in...
Poler Outdoor Stuff, a Portland-based outdoor apparel company founded in 2012 with a strong focus on the direct-to-consumer business, has reopened its flagship store in downtown Portland and redesigned its e-commerce website. The brand had been dormant for the past 12 months following its bankruptcy. The Pacific & Everest Lifestyle ...
