All Corporate articles – Page 70
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News briefs
K2 Sports has added a 16th brand to its portfolio...
K2 Sports has added a 16th brand to its portfolio with the acquisition of Backcountry Access, an innovative supplier of snow safety and backcountry ski equipment including avalanche airbags and beacons, shovels, probes, backcountry packs and snow climbing skins. Founded in 1994, the company's staff will remain based in Boulder, Colorado. ...
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News briefs
The Vegam division of Spac, an Italian developer and...
The Vegam division of Spac, an Italian developer and manufacturer of technical fabrics and components near Vicenza, is partnering with the eVent division of General Electric to bring a new line of permeable and bi-component waterproof fabrics to European shoe companies. Spac will produce both three- and four-layer laminates for ...
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There is unconfirmed speculation that Werner Riethmann, CEO of Lowa,...
There is unconfirmed speculation that Werner Riethmann, CEO of Lowa, and the company's contract manufacturer in Slovakia, Riko, are among the candidates to take over Tecnica Group's 60 percent stake in the profitable German-based firm. Two years ago, Riethmann doubled his personal stake in the company to 20 percent and ...
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Cocona, the materials technology company based in Boulder, Colorado, has secured...
Cocona, the materials technology company based in Boulder, Colorado, has secured a $15 million Series C equity private placement and will use the funds for marketing, developing new technologies and general working capital purposes. The transaction was led by H.I.G. Growth Partners and two prior Cocona investors, Fairhaven Capital and Milcom ...
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News briefs
A few days ago, Odlo began the construction of its...
A few days ago, Odlo began the construction of its new global distribution center in the German town of Brüggen. By the end of 2013, it will take the place of a cluster of five distribution centers in the same area. The total warehouse space will increase from 18,500 to ...
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News briefs
Lafuma, the French outdoor group, said that preliminary talks held...
Lafuma, the French outdoor group, said that preliminary talks held with E-Land for a potential takeover by the Korean group had not revealed sufficient synergies between the two companies. Lafuma confirmed last month that it had been approached by E-Land and agreed to hold discussions with the Korean group, which ...
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News briefs
Jetboil, the young U.S. brand of outdoor stoves, has been...
Jetboil, the young U.S. brand of outdoor stoves, has been acquired for an undisclosed price by Johnson Outdoors. Jetboil will be integrated into the U.S. group's Outdoor Gear business unit, along with the Eureka! and Silva brands, but it will continue to operate from its own facility in Manchester, New ...
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Katadyn North America, the U.S.-based subsidiary of the Swiss maker...
Katadyn North America, the U.S.-based subsidiary of the Swiss maker of water purification solutions, has acquired the assets of TyRy Inc., a privately held manufacturer of freeze-dried and dehydrated instant food. TyRy markets the brands Natural High, Richmoor, AlpineAir Foods and Gourmet Reserves. The acquired company will keep its facilities ...
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News briefs
According to Sports Insight, a British publication, VF Corporation plans...
According to Sports Insight, a British publication, VF Corporation plans to discontinue the distribution in Europe of Jansport, its technical brand of backpacks, after the spring/summer 2013 season. Instead, the group wants to put its focus on its more lifestyle-oriented Eastpak brand. VF will redeploy more efforts on Jansport in ...
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News briefs
Crocs has reported revenues for the third quarter up by...
Crocs has reported revenues for the third quarter up by 7.5 percent to $295.6 million. The American footwear manufacturer, which is celebrating its 10th anniversary this year, recorded net income of $45.1 million, up from $30.2 million in the same quarter of 2011. Wholesale revenues increased by 1.5 percent to ...
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News briefs
Toread, China's leading local outdoor brand, has just released its...
Toread, China's leading local outdoor brand, has just released its financial report for the first three quarters in 2012. Turnover during that period was 624 million yuan renminbi (€76.4m-$99.2m), 45.3 percent higher than last year. Sales increased by 25.4 percent to RMB 244 million (€29.9m-$38.8m) in the third quarter ended ...
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News briefs
Wechsel, the Berlin-based developer of tents, has been acquired by...
Wechsel, the Berlin-based developer of tents, has been acquired by Skanfriends. The tentmaker will keep its structure in place in the German capital and will now concentrate on product management under the leadership of Jörg Schulze, brand manager, and Steffen Santen, sales manager. Skanfriends has offices in Germany and Denmark ...
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News briefs
Primaloft, the specialty manufacturer of insulation material, which is well...
Primaloft, the specialty manufacturer of insulation material, which is well introduced in the outdoor industry as a premium supplier, is more and more expanding in the fashion sectors. New customers are, for example, Bench, Adidas Originals, Manderley or the kidswear of Mini-A-Ture. Primaloft has already been supplying big names in ...
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News briefs
A new spate of rumors indicates that Tecnica Group is...
A new spate of rumors indicates that Tecnica Group is discussing the possible sale of its majority stake in Lowa to help refinance the Italian company, hit by a drop in orders for winter products. The rumor has circulated before, but this time it is accompanied by speculation about a ...
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News briefs
Petri Raatikainen, the Finnish executive who formerly headed Columbia Sportswear...
Petri Raatikainen, the Finnish executive who formerly headed Columbia Sportswear in the Nordics, has set up his own distribution company to launch the Super Natural brand in the region. Raatikainen, who left Columbia earlier this year, has obtained the rights for this sports and outdoor apparel brand in the Nordics ...
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News briefs
The newly-established Voss Skofabrik is to start selling Dale branded...
The newly-established Voss Skofabrik is to start selling Dale branded footwear after the bankruptcy last year of Dale Sko, the traditional Norwegian footwear manufacturer. The shoes will be made in Voss Skofabrik's own factory near the town of Voss. Established earlier this year, Voss Skofabrik has four employees and manufactures ...
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News briefs
Scott Sports, the Swiss-based company specializing in bicycles, winter...
Scott Sports, the Swiss-based company specializing in bicycles, winter sports and running products, has taken over Garmont USA, the North American distribution arm of the Italian producer of outdoor and snow boots . Scott describes the deal as a means to expand its product portfolio in North America. At ...
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News briefs
For the first six month of its financial year from...
For the first six month of its financial year from January to July, Mammut Sports Group achieved an increase in net sales of 7.5 percent to 91.8 million Swiss francs (75.5m-$98.9m). On a currency-neutral basis and not counting the acquisition of the Snowpulse brand, the rate of increase was 7.6 ...
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News briefs
The Hobie Cat Company, the producer of kayaks and sailboats...
The Hobie Cat Company, the producer of kayaks and sailboats based in Oceanside, California, has acquired Hobie Cat Europe, which is based in Toulon, France. Founded by Hobie Alter in 1968, the U.S. company was acquired by Coleman in 1975. In 1989, Coleman split the operation into two parts, one ...
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News briefs
AustriAlpin, the Austrian manufacturer of climbing gear, has inaugurated its...
AustriAlpin, the Austrian manufacturer of climbing gear, has inaugurated its new headquarters in the town of Fulpmes. The new building has a surface of 900 square meters and the construction, lasting 10 months, cost some €1.2 million. Reportedly, last year's total sales of AustriAlpin amounted to €5 million.
