All Corporate articles – Page 56
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News briefs
Vaude has opened a new €2 million production facility at...
Vaude has opened a new €2 million production facility at its company headquarters in Tettnang, in southern Germany. The blond wood façade of the Vaude Manufaktur building is meant to immediately suggest the role that sustainability plays in the facility, which has been designed to offer energy-efficient solutions and healthy ...
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Lyon Equipment, one of the leading distributors of outdoor products...
Lyon Equipment, one of the leading distributors of outdoor products in the U.K., has acquired Totaloption, a much smaller British distribution firm specializing in water sports products. Lyon is the employee-owned company that sells brands from Petzl to La Sportiva, Exped, Ortlieb, Julbo and more, while Totaloption has distribution agreements ...
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Norrøna, the Norwegian outdoor company, has launched an entity focusing...
Norrøna, the Norwegian outdoor company, has launched an entity focusing on innovation, Norrøna Q, to complement its wholesale and retail activities. Norrøna Q primarily consists of a research and development center established at the group's head office in Lysaker, near Oslo. The company explains that the entity is meant to ...
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News briefs
Callaway Golf Co. is taking over Ogio International for $75.5...
Callaway Golf Co. is taking over Ogio International for $75.5 million in cash, equal to about 7.6 times projected incremental Ebitda after integration costs. Major synergies are expected in the supply chain and go-to-market strategies with Ogio, a specialist supplier of golf bags and apparel that also sells travel luggage, ...
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News briefs
Hilco Vision is acquiring Croakies, a 40-year-old American specialist in...
Hilco Vision is acquiring Croakies, a 40-year-old American specialist in rather cool eyewear retainers and related accessories for outdoor lifestyle pursuits. Hilco, which has made many other acquisitions lately, will keep Croakies' manufacturing unit in Bozeman, Montana, and will try to expand the brand's presence internationally. The details of the ...
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News briefs
Heiner Oberrauch, president of the Oberalp Group and Salewa, has...
Heiner Oberrauch, president of the Oberalp Group and Salewa, has reportedly decided to help refugees by giving them work in the fields that belong to his family. They will help cultivate organic fruits and vegetables that will be sold locally. He will start with about 20 refugees with the idea ...
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News briefs
Sport Partner, Hike & Trekking, Bike & Trekking, E-Bike &...
Sport Partner, Hike & Trekking, Bike & Trekking, E-Bike & Trekking, The Right Size and other Dutch trade magazines are been published by a new company, 333 Media, following the bankruptcy in November of Maruba Sports & Travel Publishers. The new company was started by Maas van Drie, former owner ...
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Slackline Industries relocated to Boulder, Colorado following an agreement by...
Slackline Industries relocated to Boulder, Colorado following an agreement by the city to allow slacklines in some of its public parks
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News briefs
Sports Direct International (SDI) is working to implement a “more...
Sports Direct International (SDI) is working to implement a “more tailored approach” for its European stores. Combined with unfavorable exchange rates, these unspecified changes are expected to result in a continued weak performance from this division in the medium term, the company reports as part of its results for the ...
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News briefs
Boa Technology, the company known for its unique closure system,...
Boa Technology, the company known for its unique closure system, has broken ground in the Denver area for the construction of a new 140,000-square-foot office building. Targeting LEED Silver certification, it will have one of the largest private green roofs in the city. The building will house the Boa Fit ...
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News briefs
GoPro has announced a reorganization program that will involve the...
GoPro has announced a reorganization program that will involve the elimination of about 200 jobs, or 15 percent of its staff, and the closing of its entertainment division, in a bid to reduce operating expenses by $650 million and return to profitability in 2017. The entertainment division was supposed to ...
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News briefs
Newell Brands has agreed to acquire Sistema Plastic, a producer...
Newell Brands has agreed to acquire Sistema Plastic, a producer of food storage containers based in New Zealand, for 660 million New Zealand dollars (€790.8m-$839.2m). Founded 34 years ago, Sistema has an annual turnover of around US$145 million, growing above the rate of Newell's core assets. It has diversified into ...
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News briefs
Gerber, the Oregon-based maker of personal knives and multitools, has...
Gerber, the Oregon-based maker of personal knives and multitools, has announced the expansion of local employment and plant operations to a 24/7 schedule following the addition of a third shift at its Portland plant. Gerber makes products such as the StrongArm Fixed Blade, Impromptu Tactical Pen, 06 and Covert Automatic ...
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Reiner Gerstner, former marketing manager of the Oberalp Group, is...
Reiner Gerstner, former marketing manager of the Oberalp Group, is now doing a similar job for TQ Group, a leading electronic engineering company based in Seefeld, near Munich
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News briefs
JD Sports Fashion is proposing a stock split. The fast-growing...
JD Sports Fashion is proposing a stock split. The fast-growing British retailer has called shareholders to a general meeting on Nov. 24 to approve it. The proposed move would involve splitting the company's existing ordinary shares, which have a nominal value of 1.25 pence each, into five new ordinary shares ...
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News briefs
Sport Partner reports that Matthijs de Vries, Odlo International's country...
Sport Partner reports that Matthijs de Vries, Odlo International's country manager for the Netherlands and Belgium, is leaving the company at the end of the year to become manager for the business unit in charge of export at the Oberalp Group, covering the Salewa and Dynafit brands. De Vries is ...
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Don Grimes, the former chief financial officer of Wolverine Worldwide...
Don Grimes, the former chief financial officer of Wolverine Worldwide who left last year to join Neiman Marcus in June 2015 as chief operating officer, executive vice president and CFO, has resigned now from this post
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News briefs
An Italian investment fund, Cassa Depositi e Prestiti, is considering...
An Italian investment fund, Cassa Depositi e Prestiti, is considering the acquisition of a stake in the Tecnica Group through a capital increase, according to the Italian daily Sole 24 Ore. The funds would help the company to reach its objective of generating a double-digit operating margin on a turnover ...
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News briefs
Datateam Business Media, which publishes Footwear Today in the U.K.,...
Datateam Business Media, which publishes Footwear Today in the U.K., has sold SGB Outdoor and its other B2B sports trade magazines, Sporting Good Business (SGB) and SGB Golf, to Silverback Publishing, a company in Surrey that is also putting out consumer-oriented magazines in the areas of music and cars. SGB's ...
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News briefs
Implus Corp. and Berkshire Partners, a Boston-based private equity firm,...
Implus Corp. and Berkshire Partners, a Boston-based private equity firm, have appointed Sally McCoy and Chris L. Shimojima as members of Implus' board of directors. Implus, headquartered in Durham, North Carolina, is a provider of athletic, fitness and outdoor accessories brands including Perfect Fitness, Harbinger, TriggerPoint, Yaktrax, FuelBelt, Sof Sole, ...
