All Corporate articles – Page 69
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News briefs
Canada Goose has expanded production by setting up a new...
Canada Goose has expanded production by setting up a new factory in Winnipeg. Over the past six months, the production capacity has been doubled and 25 new employees have been engaged. About 160 employees are going to work in the new factory, which measures 5,300 sqm. The factory includes areas ...
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Canada Goose is on the lookout for new equity investors...
Canada Goose is on the lookout for new equity investors through a Canadian investment bank, Canaccord, says Reuters. The family-owned firm is apparently seeking new equity to support its strong growth, especially in the lifestyle segment of the market. For example, its sales in Germany have grown by 500 percent ...
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Dynafit is building a research center in the Swedish town of...
Dynafit is building a research center in the Swedish town of Åre where the ski touring company will share its offices with the Swedish Winter Sports Research Center. The research institute is described as one of the three leading, international think tanks for snow sports research. The new Dynafit Development Center will be ...
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Deuter inaugurated a brand-new headquarters last week. Located at Gersthofen...
Deuter inaugurated a brand-new headquarters last week. Located at Gersthofen outside Augsburg, Germany, the new site has a total surface of 20,000 square meters on three floors. The space includes 2,100 m² occupied by offices, a 100-m² shop and a 7,200-m² warehouse to process the three million-odd items that the ...
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Compass Diversified Holdings (CODI), an equity fund with controlling interests...
Compass Diversified Holdings (CODI), an equity fund with controlling interests in CamelBak and Fox Factory, has announced that on Apr. 3, 2013 it exercised an option under a credit agreement dated Oct. 27, 2011 to borrow an incremental term loan of $30 million. The loan increases the company's aggregate outstanding borrowings ...
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North Castle Partners, a Connecticut-based private equity company, have completed...
North Castle Partners, a Connecticut-based private equity company, have completed an investment in Ignite USA, details of which were not disclosed. Ignite is the marketer of the Contigo and Avex brands for reusable, thermal mugs and hydration bottles. North Castle already holds stakes in various companies, including Performance Bicycles, Octane Fitness ...
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News briefs
Canada Goose has expanded its production facility with a new...
Canada Goose has expanded its production facility with a new plant in Winnipeg in order to keep manufacturing in Canada rather than moving production elsewhere. The new factory adds 5,300 square meters on top of the existing facilities. The new plant doubles the capacities, and Canada Goose has hired 25 ...
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News briefs
We had reported in the Compass on Feb. 21 that...
We had reported in the Compass on Feb. 21 that Tecnica Group was exploring the possibility of selling its controlling stake in Lowa, after receiving an expression of interest from an unnamed investor. Last week, Peter Weaver, the top manager of Tecnica Group, officially announced told us that it had ...
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Wolverine Worldwide is getting up to $14.8 million worth of...
Wolverine Worldwide is getting up to $14.8 million worth of additional orders for safety boots from the U.S. Navy, modifying a contract from the U.S. Department of Defense. The production is being made in Michigan.
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The Lafuma Group has warned that its business is suffering...
The Lafuma Group has warned that its business is suffering a substantial decline, which will significantly affect its results and the worth of its assets for the current fiscal year, running until the end of September. The French outdoor and action sports company said that in this context, its supervisory ...
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Mammut has inaugurated its biggest investment by far in the...
Mammut has inaugurated its biggest investment by far in the company's 150-year-history, the European warehouse near Memmingen, Germany. The 40,500 square meters, of which 8,200 square meters are under one roof, house European logistics, the subsidiary for the German market and an outlet store. There is an option to extend ...
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The North Face will be moving to a...
The North Face will be moving to a new EMEA office of VF Corporation at Stabio, near the Swiss city of Lugano, in April this year. After transferring its European operations from Montebelluna, Italy, to its current office in Lugano, it will now combine them with those of the other ...
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Grifone, the Spanish sports outerwear company, has reported...
Grifone, the Spanish sports outerwear company, has reported a change of ownership and management intended to foster its international development, with a focus on Asia, the U.S., and central and northern Europe. Sandro Rosell, president of FC Barcelona, along with Eugenio Padrés and Pepe Navarro, are now co-owners with Ramón Cierco, ...
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Tecnica Group and its advisors have stopped looking...
Tecnica Group and its advisors have stopped looking for companies that may be interested in buying its 60 percent interest in Lowa. They are currently evaluating the opportunity to accept the offer of an unnamed strategic investor. While the sale of Lowa could bring in fresh money, Tecnica would lose ...
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The Wolverine 1883 shoe collection is the first collection of...
The Wolverine 1883 shoe collection is the first collection of Wolverine Worldwide to be produced in Portugal. Last autumn, the company added Portugal as new sourcing country. The 1883 collection will be available from autumn this year. The company aims to expand the production in Portugal if it proves to ...
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Raidlight is planning to raise €500,000 in new equity by...
Raidlight is planning to raise €500,000 in new equity by bringing in some of its suppliers, clients and end customers as new shareholders with a combined stake of 12 percent. Benoit Laval, the trail-runner who set up the French outdoor company in 1999, currently owns 42 percent of the shares. ...
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OrthoLite has inaugurated its first factory in Vietnam, which is...
OrthoLite has inaugurated its first factory in Vietnam, which is set to produce about 3 million pairs of open-cell foam insoles per month. The new 13,000-square-meter facility is located in Thuan An Town, in the Binh Duong province, one of the biggest industrial areas in the country and about 45 ...
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Boa Technology, the maker of the patented Boa Closure System,...
Boa Technology, the maker of the patented Boa Closure System, has announced that it will open an office in Europe in 2013. The precise location of the new office is not yet finalized. The company currently has offices in Steamboat Springs and Denver, Colorado, as well as Chiba, in Japan, ...
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An American investment company, Open Gate Capital, has acquired Zodiac...
An American investment company, Open Gate Capital, has acquired Zodiac Plaisance, known internationally as Zodiac Recreational, which claims to be the world's leading supplier of rigid inflatable boats, also distributed under the Avon and Bombard brand names. Including the manufacture of multi-layer insulations for satellites and stratospheric balloons, the French-based ...
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Petzl has decided to invest $20 million to build a new...
Petzl has decided to invest $20 million to build a new 8,000-square-meter headquarters for its North American subsidiary at West Valley City, 10 minutes away from Salt Lake City's airport and close to public transportation. Using sustainable features, the complex will consist of 24,000 square feet of office space, 40,000 square feet for ...
