All Corporate articles – Page 59
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News briefs
Cairn, a U.S. subscription box company specializing in outdoor gear,...
Cairn, a U.S. subscription box company specializing in outdoor gear, says it has raised $2 million in seed funding, with support from Scott Allan, general manager of Hydro Flask, and the Cascade Angels Fund. Allan, who has become a member of Cairn's board of directors, praised Cairn for the valuable ...
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Polartec has been taking flak over its plans to shut...
Polartec has been taking flak over its plans to shut down its manufacturing plant in Lawrence, Massachusetts, after it filed paperwork disclosing its intentions to start laying off workers. United Here, the trade union that represents most of the workers, wrote an open letter to Rose Marcario, chief executive at ...
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Implus, the acquisitive U.S. company that owns a raft of...
Implus, the acquisitive U.S. company that owns a raft of sports, outdoor and footwear accessories brands, has snapped up the assets of MCN Solutions in Cape Town, a South African distribution partner for Implus and other sporting goods companies. The move will enable Implus to have its own organization in ...
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The Kufner Group, a leading global supplier of interlinings and...
The Kufner Group, a leading global supplier of interlinings and technical textiles, will take over Ploucquet and its production site in Zittau, Germany, from Smart Solutions Holding, formerly Sympatex Holding, with effect from April 20. Sympatex Holding, parent company of Sympatex, changed its name to Smart Solutions Holding in February. ...
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Felix Sulzberger, former chief executive of Calida Group, failed to...
Felix Sulzberger, former chief executive of Calida Group, failed to be elected as a member of the board at the annual meeting of the company, which controls Lafuma
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News briefs
Vista Outdoor has obtained a new credit facility to help...
Vista Outdoor has obtained a new credit facility to help finance its purchase of BRG Sports' Action Sports division, which was announced in February. The new loan will include a $400 million revolving credit facility and adds another $290 million to its $350 million term loan A facility for a ...
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News briefs
VF Corp, the owner of The North Face and Timberland,...
VF Corp, the owner of The North Face and Timberland, among many other brands, said it was exploring “strategic alternatives” for its Licensed Sports Group (LSG) business. This part of the U.S. group includes the Majestic Athletic brand and it supplies apparel and fanware through licensing agreements with U.S. and ...
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Pelican International, the Canadian company specializing in canoes, kayaks and...
Pelican International, the Canadian company specializing in canoes, kayaks and other water sports products, says it will open a second production plant in Salaberry-de-Valleyfield, a southern city in the province of Quebec. Pelican says it has invested tens of millions of Canadian dollars in this project in the medium term, ...
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Aku, the Italian brand of hiking and mountaineering footwear, has...
Aku, the Italian brand of hiking and mountaineering footwear, has moved all of its production to company-owned facilities this year, meaning that all Aku shoes are made in Europe starting from this spring's range. The outdoor footwear maker based in Montebelluna previously outsourced about 10 to 15 percent of its ...
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After its sale to Investcorp in October, Poc has relocated...
After its sale to Investcorp in October, Poc has relocated its North American head office from Salt Lake City to Park City, Utah. The Swedish supplier of ski and cycling helmets, apparel and accessories was previously owned by the Black Diamond group and its North American team was working from ...
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Johnson Outdoors has acquired the key assets of Northport Systems,...
Johnson Outdoors has acquired the key assets of Northport Systems, a Canadian digital cartography company. Northport's technologies bring new cartography capabilities to Johnson Outdoors that have potential application in its fishing sonar products. Terms of the transaction were not disclosed.
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Patagonia has moved its London showroom to its new U.K....
Patagonia has moved its London showroom to its new U.K. office in Manchester
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Yeti will move its headquarters to a new and larger...
Yeti will move its headquarters to a new and larger site in southwest Austin next year. The maker of coolers and beverage containers has signed an agreement with Lincoln Property Company to build a new 175,000-square-foot complex at Lantana Ridge, off Southwest Parkway, less than two miles from the current ...
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News briefs
GoPro has completed the acquisition of Replay and Slice, two...
GoPro has completed the acquisition of Replay and Slice, two mobile video editing apps. Merging Replay and Splice into GoPro's mobile strategy will allow GoPro to deliver improved mobile editing solutions. Splice, developed by Vemory in Austin, Texas, is a mobile editor that allows users to create customized edits with ...
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Thule Group says the number of shares and votes in...
Thule Group says the number of shares and votes in the company has risen to 1,036,455 following the exercise of warrants
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News briefs
Sympatex Holding is changing its name this month to Smart...
Sympatex Holding is changing its name this month to Smart Solutions Holding – albeit only at the level of the holding company. Its two subsidiaries, Sympatex and Ploucquet subsidiaries, will continue to operate under those names. The group said in a press release that the change of name was meant ...
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News briefs
The North Face has moved its office and showroom for...
The North Face has moved its office and showroom for the German-speaking countries from the MOC to the German office of VF Corporation in the northern part of the city, along with other group brands such as Smartwool, Napapijri, Timberland, Vans and Wrangler.
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News briefs
Seven executives of Thule Group including Magnus Welander and Stefan...
Seven executives of Thule Group including Magnus Welander and Stefan Jacobsson, who are respectively chief executive and chairman of the Swedish company, have exercised warrants issued since 2014, paying 84.90 Swedish kronor (€9.05-$9.88) per share. The transaction raises the total number of shares by 1,036,455 to 101,036,455, resulting in net ...
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News briefs
Garmin International has acquired Pulsed Light, a company specializing in...
Garmin International has acquired Pulsed Light, a company specializing in optical distance measurement technology, boasting that the sensor boards from the firm in Oregon are particularly accurate, small and lightweight. Pulsed Light developed and owns the intellectual property that enables this technology. The multiple applications could include products such as ...
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News briefs
The shareholders of Pelican International,have sold a minority share in...
The shareholders of Pelican International,have sold a minority share in the Canadian maker of water sport equipment to Fonds de solidarité FTQ, a Montreal-based development capital fund. The investment will help the company to open a second factory in Quebec with a view to boosting its production capacity. The current ...
