All Corporate articles – Page 48
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News briefs
Vibram is celebrating the 10th anniversary of the Vibram Technological...
Vibram is celebrating the 10th anniversary of the Vibram Technological Center (VTC) in Guangzhou, China. The facility is an innovation hub where the Italian brand studies innovative compounds and technologies and creates prototypes of new products prior to launching them on the market. The VTC staff operates in close synergy ...
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The takeover of Amer Sports by the Mascot Bidco consortium...
The takeover of Amer Sports by the Mascot Bidco consortium headed up by Anta Sports Products is making progress. Mascot Bidco has struck a seven-year inter-company financing agreement for €1,236 million involving a term loan of about €921 million for the refinancing of existing debts and a revolving credit facility ...
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News briefs
Garmin has completed the acquisition of Tacx Onroerend en Roerend...
Garmin has completed the acquisition of Tacx Onroerend en Roerend Goed. The Dutch company develops and makes indoor bike training software and applications as well as indoor bike trainers, tools and accessories.
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News briefs
Vibram is celebrating the 10th anniversary of the Vibram Technological...
Vibram is celebrating the 10th anniversary of the Vibram Technological Center (VTC) in Guangzhou, China. The facility is an innovation hub where the Italian brand studies innovative compounds and technologies and creates prototypes of new products prior to launching them on the market. The VTC staff operates in close synergy ...
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News briefs
Tecnica Group is a winner of a Leonardo Italian Quality...
Tecnica Group is a winner of a Leonardo Italian Quality Prize 2018. The award honors companies for the quality of their products as well as their potential in terms of international and commercial prospects. The Quality Prize and the other Leonardo Prizes are presented every year by the Leonardo Committee ...
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News briefs
Columbia Sportswear has elected Kevin Mansell to serve as a...
Columbia Sportswear has elected Kevin Mansell to serve as a director and a member of its nominating and corporate governance and audit committees. Mansell began serving in that capacity on March 25 and will be standing for election to full-term board membership at this year's annual shareholders' meeting. Ed George, ...
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Short stops
Edelrid has promoted Blair Williams, sales and marketing director of...
Edelrid has promoted Blair Williams, sales and marketing director of its North American subsidiary, to the rank of vice president
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News briefs
The Oberalp Group has appointed Andrea Carraro to the post...
The Oberalp Group has appointed Andrea Carraro to the post of general manager for footwear and technical equipment. He will be leading the development team for this products at the office in Montebelluna, and thereby working to increase the market share of the Salewa and Dynafit brands in the categories ...
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News briefs
Amer Sports has announced the sale of Mavic, the brand...
Amer Sports has announced the sale of Mavic, the brand of bicycle components inherited from Salomon, to an American equity company, Regent. The price being paid for Mavic, which represented only about 3 percent of the group's sales, was not disclosed. There was no comment by the group about the ...
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Short stops
Aku has appointed Fabio Furlanetto, previously at Tecnica Group and...
Aku has appointed Fabio Furlanetto, previously at Tecnica Group and Amer Sports, as its new sales manager for Italy
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News briefs
Storm Care Solutions of the U.K., which produces aftermarket waterproofing...
Storm Care Solutions of the U.K., which produces aftermarket waterproofing and cleaning fluids, has appointed Lauren Kirk to the post of export sales manager. The appointment follows a company-wide rebranding and recent distribution deals for Germany, Austria, the Benelux countries, Chile and the U.S. Kirk's experience includes posts at Terra ...
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News briefs
Eurazeo has sold its entire remaining stake of 4.8 percent...
Eurazeo has sold its entire remaining stake of 4.8 percent in Moncler, making a major capital gain with a total price of $445 million for the shares. It had invested €950 million to acquire a 45 percent stake in the Italian company in 2011, prior to its public offering. Meanwhile, ...
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News briefs
Climb Up, the French chain of indoor climbing centers, has...
Climb Up, the French chain of indoor climbing centers, has raised €14 million in a capital development operation. The capital increase has been subscribed by Calcium Capital Partners, an investment firm that invests in unlisted small and medium-sized enterprises (SMEs) to support them in their development. François Petit, the founder ...
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News briefs
Berg Outdoor informed its distributors and agents at the end...
Berg Outdoor informed its distributors and agents at the end of December 2018 that the brand will cease operations in 2019. Orders already taken for spring/summer 2019 will be delivered as planned, but there will be no collection for autumn/winter 2019. The Sonae Group is currently examining alternative strategies for ...
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News briefs
Wolverine Worldwide has announced a 25 percent increase in the...
Wolverine Worldwide has announced a 25 percent increase in the quarterly dividend and a new $400 million share repurchase program for the next four years. It has also disclosed some details of a new credit agreement announced on Dec. 6, which involved a new term loan of $200 million and ...
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News briefs
Marmot Mountain Europe has moved into new headquarters in Frankfurt....
Marmot Mountain Europe has moved into new headquarters in Frankfurt. The U.S. outdoor brand has concluded an internal restructuring that began with its acquisition by Newell Brands in 2016. The parent company has sought to anchor the brand more firmly in its outdoor and recreation division. Jan Schapmann remains Marmot's ...
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News briefs
A private equity fund, Equinox Partners, has reportedly signed an...
A private equity fund, Equinox Partners, has reportedly signed an agreement in principle to acquire a 40 percent stake in Manifattura Valcismon, the Italian family-owned company that owns three important brands of sports apparel: Castelli for cycling, Karpos for hiking and trekking, and Sportful for cycling and Nordic skiing. The ...
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News briefs
Edge Technologies Engineering (ETE), the maker of knives, knife sharpeners...
Edge Technologies Engineering (ETE), the maker of knives, knife sharpeners and lights, has acquired Al Mar Knives. Gary Fadden, formerly the company's president, has been made chairman emeritus of Al Mar. He will be attending Shot, the shooting and hunting trade show, and other such events to promote the brand ...
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News briefs
Laurent Vanat, the authoritative consultant based in Switzerland, has put...
Laurent Vanat, the authoritative consultant based in Switzerland, has put out a call for crowdfunding of the forthcoming 2019 issue of his International Report on Snow & Mountain Tourism, which is due to be released in April. Contributors of any amount over the technical minimum will be listed in the ...
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News briefs
The NPD Group has signed an agreement with SportsOneSource (SOS)...
The NPD Group has signed an agreement with SportsOneSource (SOS) to acquire assets relating to the company's SSI Data POS Sports and Outdoor tracking business. The transaction is expected to close on April 1. SOS will no longer be in the sports retail data tracking business, but will continue to ...
