All Corporate articles – Page 6
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Article
Vista Outdoor sells Revelyst to global investment firm
Vista is finally selling its outdoor segment for $1.125 billion; combined with the CSG transaction, this provides an estimated cash amount of $45 per share.
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News briefs
LVMH and Ruffini Partecipazioni will not increase Moncler stake beyond 20%
LVMH and Ruffini Partecipazioni won’t increase shareholdings in Moncler to more than 20% over the next three years following the recent increase in LVMH’s stake.
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Article
Accell Group’s debt reduction: Shareholders and banks agree on plan
Accell Group secures a €600 million debt reduction plan in partnership with shareholders and banks, positioning the company for future growth and stability.
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News briefs
Evo announces new hotels in the US and Japan
The Seattle-based outdoor retail and adventure brand expands its experiential offerings by opening new hotels in Tahoe and Hakuba, combining outdoor adventure, retail, and community-driven hospitality.
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Article
Patagonia implements internal changes for long-term growth, lays off 41 people
CEO Ryan Gellert outlined the changes, which include a reduction of the workforce by 1%, on LinkedIn.
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News briefs
LVMH invests in Moncler
The partnership is meant to strengthen Ruffini Partecipazioni Holding’s position as largest shareholder in Moncler.
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Article
Shimano's European Mechanics Championships highlight qualified bicycle mechanics
The 2024 Championships elevate the importance of professional bicycle maintenance and inspire the next generation of mechanics.
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Article
Outdoorsy Group plans European expansion after $3bn milestone
The US-based outdoor travel operator surpasses $3 billion in sales and has bold plans to expand its RV rental marketplace and insurance services across Europe.
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News briefs
Simplon advances restructuring plan with investor talks
Amid market challenges, the Austrian bike manufacturer secures operations through a restructuring process and engages potential investors to ensure long-term stability.
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News briefs
Troc Vélo partners with Mangopay for secure transactions
The French marketplace for used bicycles enhances the user experience by integrating Mangopay’s payment infrastructure for safer, more seamless second-hand bike transactions.
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News briefs
Manaslu Adventures to expand
The Barcelonan agency will be seeking clients in the US and the UK.
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Article
Alfa is stronger than ever and has a new head office
Norwegian shoe brand Alfa Sko has moved into a brand-new headquarters and expects record sales in 2024.
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Article
Dynafit opens brand-new headquarters in Kiefersfelden
The mountain sports brand inaugurated its stunning new HQ on the German-Austrian border, blending cutting-edge design with sustainability. The facility also offers a dynamic visitor experience.
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News briefs
Revelyst and 5 Horizons announce license agreement for the launch of Camelbak Pro
Vista’s outdoor division partners with the US accessories specialist to introduce the CamelBak Pro line, bringing advanced hydration and gear solutions to professionals and outdoor specialists.
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News briefs
Helen of Troy announces $500m share buyback plan
The Osprey parent initiates a share repurchase, signaling confidence in long-term growth and shareholder value.
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Article
Btwentyfour expands to Munich, appoints Managing Director for DACH
Markus Hefter is the company’s new Managing Director and will head the growth of the B2B data automation platform in Germany, Austria and Switzerland.
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Article
Vaude invests in sustainable production upgrade
Vaude invests over €1m in modernizing its Tettnang facility, boosting capacity and sustainability with new automation technology.
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News briefs
BlackRock regains 5 percent stake in Moncler
The Manhattan-based asset management company boosts Moncler holdings to over 5%, as the luxury brand reports 11% revenue growth in the first half of 2024.
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Article
Topgolf Callaway plans to split up the company
The Board of Directors stated that it intended to split the business into two independent companies: Callaway and Topgolf, with the first including Jack Wolfskin.
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Article
Elho brings back Freestyle
Elho reenters the outdoor and winter sports market with a new Freestyle collection, combining performance and style.