All Corporate articles – Page 46
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Lindsey Vonn, the famous American ski champion, has become a...
Lindsey Vonn, the famous American ski champion, has become a shareholder in YNIQ, a Swedish brand of snow goggles, after ending her professional career at the beginning of 2019
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Article
A concept development agency that’s also a community hub
Staying connected with outdoor enthusiasts to understand their needs is key to the development of sought-after products. This idea of connection has inspired the business model pursued by All Triangles, a brand-strategy consultancy that opened its doors just last month in the French outdoor hub of Annecy and helps brands ...
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Columbia Sportswear is being added to Standard & Poor's MidCap...
Columbia Sportswear is being added to Standard & Poor's MidCap 400 Global Industry Classification Standard
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Anta Sports Products, which had a 57.95 percent stake in...
Anta Sports Products, which had a 57.95 percent stake in the consortium that bought Amer Sports earlier this year, will no longer have to include and report Amer's figures, which have been dilutive, in its consolidated income statements. Anta is shedding 5 percent of its economic interest in the group ...
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Lenzing has secured a bonded loan of €500 million from...
Lenzing has secured a bonded loan of €500 million from investors around the world over the next 10 years to fund the general running of the business, including important future projects related to sustainability
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Article
The Renewal Workshop expands to Europe after raising $5m
The Renewal Workshop, an American provider of circular solutions for apparel and textile brands, has raised $5.5 million (€4.95 million) in Series A financing. The Oregon-based company is working with brands like The North Face, Eagle Creek, Osprey, Pearl Izumi and Prana to renew existing products, analyze company operations, and ...
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Herschel Supply has sold a minority stake to a consortium...
Herschel Supply has sold a minority stake to a consortium of private-equity firms formed by Eurazeo Brands, Alliance Consumer Growth and a Canadian pension fund affiliate. Eurazeo Brands, the division of Eurazeo focused on differentiated consumer brands with global growth potential, is investing $60 million alongside Alliance Consumer Growth, a ...
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Salomon has opened a Performance Center next to its...
Salomon has opened a Performance Center next to its existing Design Center in the French city of Annecy. The 820-square-meter facility is open – by appointment only – to skiers on the World Cup and regional racing circuits. In the words of Véronique Rémy, head of marketing, the move is ...
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Spin Capital, a Munich-based investment company, has expanded its sports...
Spin Capital, a Munich-based investment company, has expanded its sports portfolio with the acquisition of a majority stake in the Freeride Film Festival and the winter camp's organizer, The Freeride Experience. Spin acquired the avalanche backpack specialist ABS Protection two years ago and the eco-sports apparel label Pyua one year ...
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The share capital of Moncler has changed slightly. Venezio Investments,...
The share capital of Moncler has changed slightly. Venezio Investments, the investment vehicle controlled by Tamasek, the state investment fund of Singapore, has sold half of its stake of 22.68 percent in Ruffini Partecipazioni (RH) to Remo Ruffini, the chief executive of Moncler, in exchange for a direct 2.88 percent ...
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Ciesse Piumini's parent company, Sport Fashion Service, has been acquired...
Ciesse Piumini's parent company, Sport Fashion Service, has been acquired by Mittel, an Italian investment bank, which now owns 90 percent of the Italian down clothing specialist. Ciesse, which was the property of Fila for a while, was a direct competitor of Moncler in its early days, but it didn't ...
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Formosa Taffeta will acquire a 50 percent stake in...
Formosa Taffeta will acquire a 50 percent stake in Schoeller Textil in March of next year, after receiving the approval of its board of directors. The companies have been partners in the Hong Kong-based joint-venture Schoeller FTC for 18 years. According to the Taipei Times, Formosa plans to invest up ...
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Blackrock, a major asset management firm, has raised its stake...
Blackrock, a major asset management firm, has raised its stake in Moncler from 4.794 percent to 5.016 percent. The company's president, Remo Ruffini, is still the major shareholder with a stake of 26.75 percent. Another major shareholder is Morgan Stanley with about 3 percent of the shares. As of last ...
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Standard & Poor's has downgraded the rating outlook for Wolverine...
Standard & Poor's has downgraded the rating outlook for Wolverine Worldwide from stable to BB+ because its financial leverage has risen to three times due to spending on share buybacks. The leverage may grow beyond three times if the Ebitda margin doesn't improve from its current level of 5 percent ...
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The founders of Acai Activewear, a British brand of functional...
The founders of Acai Activewear, a British brand of functional woman's apparel, have attracted a £350,000 (€405,281-$447,460) investment from Dow Schofield Watts Angels. It is the fourth investment made by this network of business angels. Joe and Kasia Bromley launched their brand of skinny trousers in 2016, and it has ...
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Hestra, the Swedish maker of sports gloves, has doubled its...
Hestra, the Swedish maker of sports gloves, has doubled its headquarters in the U.S. by relocating to a new building in Arvada, Colorado. The premises measure 32,000 square feet and host the company's corporate offices, warehouse and U.S. showroom, which can display more than 400 models of gloves. The building ...
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Columbia Sportswear has purchased three buildings from Electro Scientific Industries...
Columbia Sportswear has purchased three buildings from Electro Scientific Industries (ESI), a firm specialized in laser applications. All lie within a quarter-mile of Columbia's current headquarters in Washington County, Oregon, and will expand it. The additional 200,000 square feet of space are costing about $33 million. The first building should ...
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Kraig Biocraft Laboratories, the developer of spider-silk-based fiber, has completed...
Kraig Biocraft Laboratories, the developer of spider-silk-based fiber, has completed the construction of its new biotech research laboratory suite in Vietnam, within the firm's new spider silk production facility in the Quang Nam province
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Wolverine Worldwide's board has approved a share repurchase program which...
Wolverine Worldwide's board has approved a share repurchase program which will return $400 million to shareholders over the next four years. The footwear group said it will repurchase shares as appropriate and in compliance with any restrictions contained in the company's credit agreements.
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Mascot Bidco Oy, the investment consortium led by Anta Sports...
Mascot Bidco Oy, the investment consortium led by Anta Sports Products, reports that it has gained title to all the shares in Amer Sports through the redemption of those that had not been tendered already. The stock was de-listed from the Nasdaq Helsinki exchange on Aug. 23.
