All Corporate articles – Page 55
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Compass Diversified Holdings (Codi) has acquired Crosman Corporation, a leading...
Compass Diversified Holdings (Codi) has acquired Crosman Corporation, a leading American producer of airguns, archery products, outdoor optics and related accessories sold under the Crosman, Benjamin and CenterPoint brands. It is paying about $118 million for the business, which had sales of around $118 million in the last 12 months, ...
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Invista is spending more than $65 million to expand the...
Invista is spending more than $65 million to expand the capacity of its Camden nylon factory in the U.S. for the production of high-tenacity nylon fibers used in Cordura fabrics for outdoor and lifestyle clothing, footwear and equipment. The new facilities will use patented and proprietary technology for solution dyeing ...
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KL Outdoor is merging with GSC Technologies to form a...
KL Outdoor is merging with GSC Technologies to form a single, vertically integrated manufacturing company that is being described as the world's largest supplier of kayaks. The merger of the two North American firms, whose details were not disclosed, is being funded by New Water Capital, an investment company in ...
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Emerald Exposition Events, which owns Outdoor Retailer, Surf Expo, Interbike...
Emerald Exposition Events, which owns Outdoor Retailer, Surf Expo, Interbike and many other trade shows in the U.S., closed with a share price of $21.01 on the New York Stock Exchange yesterday, giving it a market capitalization of $1.49 billion. The company and some of its shareholders started offering 15.5 ...
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Polartec is reportedly going to auction off its former textile...
Polartec is reportedly going to auction off its former textile factory in Lawrence, Massachusetts. The sale had been expected for quite some time. According to media reports, the start-up bid has been set at $1.5 million by the company's owner, Versa Capital Management. Polartec has already moved its production of ...
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Three founders of Addnature, a predominantly online outdoor retailer controlled...
Three founders of Addnature, a predominantly online outdoor retailer controlled by Internetstores, have acquired a stake in Isbjörn of Sweden, a supplier of outdoor apparel for children. The shareholding was bought by Mathias Hedström, Klas Berggren and Martin Larsson, who have jointly become Isbjörn's third-largest shareholder. Hedström joined Isbjörn as ...
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Sports Direct International has notified shareholders that Mash Holdings, the...
Sports Direct International has notified shareholders that Mash Holdings, the holding company of Mike Ashley, raised its direct and indirect stake in the company from 56 to 57 percent on Feb. 16
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Sports Direct International, the British parent company of the eponymous...
Sports Direct International, the British parent company of the eponymous sports retail chain and other properties including Karrimor, has agreed in principle with creditors that it will purchase Eastern Outfitters, the American company that owns 86 stores operating as Eastern Mountain Sports (EMS) and Bob's Stores, instead of going through ...
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Grifone, a Spanish brand of outerwear that is regarded as...
Grifone, a Spanish brand of outerwear that is regarded as a local version of Moncler, is reportedly looking again for new investors. Its sales were last reported at €2.1 million in 2011, down from a peak of €6 million around 2010, and they have probably gone down further lately following ...
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Another minority shareholder of Deckers Brands has called for a...
Another minority shareholder of Deckers Brands has called for a sale of the company, charging that it has underperformed in the past three to five years. Mountain Capital Partners, which owns 3.3 percent of the equity, complained in particular about poor capital allocation decisions by Deckers' management, adding that there ...
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In a conference call with financial analysts ahead of the...
In a conference call with financial analysts ahead of the release of its first-quarter financial results later this month, GoPro promised to cut its operating expenses this year by $200 million through various measures including the elimination of 270 jobs, or about 17 percent of its staff. The company, which ...
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VF Corp. is integrating its Lucy brand of activewear and...
VF Corp. is integrating its Lucy brand of activewear and its 44 single-brand stores in the U.S. into the operations of The North Face
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Bergzeit, the German multichannel outdoor retailer, has acquired Outdoor Broker,...
Bergzeit, the German multichannel outdoor retailer, has acquired Outdoor Broker, an online retailer based in Munich that specializes in selling closeout merchandise. Outdoor Broker works with the so-called “liveshopping” concept, implying that a new auction starts every day at noon and remains available for about 2-7 days. The remaining quantities ...
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Samsonite has agreed to acquire eBags, a U.S.-based online retailer...
Samsonite has agreed to acquire eBags, a U.S.-based online retailer for travel bags, for $105 million in cash. The takeover coincides with indications that Samsonite wants to push the growth of its own e-commerce operations globally. Separately, the parent company of Gregory Mountain Products and High Sierra announced that it ...
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A total of 285 employees participated benefitted from the latest...
A total of 285 employees participated benefitted from the latest share incentive program of Amer Sports, receiving a total 1,313,386 treasury shares in the group, representing 1.11 percent of its equity. Amer listed among the participants various senior managers: Robert Barker, Michael Dowse, Sebastian Lund, Bernard Millaud, Jean-Marc Pambet, Kaisa ...
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The number of outstanding shares in the Thule Group will...
The number of outstanding shares in the Thule Group will increase by 1,036,455 to 102,072,910 as a result of an exercise of warrants. All the newly subscribed shares have been sold, resulting in proceeds of about 109.6 million Swedish kronor (€11.6m-$12.2m). The warrants were held by eight senior executives of ...
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Sport Press, the Italian publishing company, has launched a new...
Sport Press, the Italian publishing company, has launched a new trade magazine for wearable technologies in our sector, Sportech Magazine, accompanied by a dedicated website, a newsletter and a social network. It joins its other magazines: Point Break, Outdoor Magazine, Running Magazine, Bike4Trade and Sport4Trade.
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Andy Gugenheimer, the well-known sporting goods industry expert and head-hunter,...
Andy Gugenheimer, the well-known sporting goods industry expert and head-hunter, has launched a kickstarter campaign for “the most functional travel backpack”
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Amer Sports has decided to repurchase up to ten million...
Amer Sports has decided to repurchase up to ten million of its own shares between Feb. 13 and Sept. 7, based on the authorization given by its annual general meeting last March 6
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Invista has announced that it is exploring alternatives for its...
Invista has announced that it is exploring alternatives for its Apparel & Advanced Textiles business. The company might either sell it or retain it and further invest in the business from within. Goldman Sachs is assisting the company in exploring strategic alternatives. Details about the exploration process are not being ...
