News Briefs – Page 280
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News briefs
VF Corp. denies speculation that tax reasons may have led...
VF Corp. denies speculation that tax reasons may have led it to relocate some customer service functions from Stabio in Switzerland to Nottingham in the U.K. last year. Citing business optimization reasons, VF points out that it also decided last year to move Timberland's apparel design center from London to ...
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News briefs
Invicta, the Italian backpack specialist, is reportedly about to be...
Invicta, the Italian backpack specialist, is reportedly about to be sold to Green Arrow Capital, the investment firm chaired by Luisa Todini. According to reports in L'Economia, the economy supplement of Corriere della Sera, Green Arrow is ready to acquire a 55 percent stake in Seven, the holding company that ...
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News briefs
There is still no word about the position of Amer...
There is still no word about the position of Amer Sports' board of directors on the proposed all-cash bid for the group by Anta Sports Products and FountainVest Partners (see our previous issue). Amer reported on Sept. 17 that one of its major shareholders, the AXA insurance group, reduced its ...
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News briefs
L-Gam Advisors, a company based in Luxembourg, has struck an...
L-Gam Advisors, a company based in Luxembourg, has struck an agreement to buy a majority stake in Woolrich International. The sellers are the Rich family, which owned the Woolrich brand, and WP Lavori in Corso, the brand's long-time licensee and distributor based in Italy that became the majority shareholder in ...
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News briefs
VF Corp. has announced that it has chosen Denver for...
VF Corp. has announced that it has chosen Denver for its new global headquarters. Building renovations are scheduled to start early next year with a completion date in early 2020. The new 285,000-square-foot headquarters will be located in the Lower Downtown, or LoDo, district, Denver's oldest neighborhood and the home ...
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News briefs
Newell Brands is expected to complete the sale of Pure...
Newell Brands is expected to complete the sale of Pure Fishing within a month, said Angling International a few days ago, without mentioning the final candidate to the acquisition. Meanwhile, Newell announced its intention to retire about $1 billion in debt by using the proceeds of its most recent divestitures, ...
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News briefs
Hestra has opened a new factory in Hai Phong, Vietnam....
Hestra has opened a new factory in Hai Phong, Vietnam. The factory will complement the manufacturing units already operated by the Swedish sports glove manufacturer in Hungary and China. The new Vietnamese factory is meant to respond to a high volume of orders. The company has invested 32 million Swedish ...
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News briefs
Brian Small, who is now 62 years old, is retiring...
Brian Small, who is now 62 years old, is retiring as chief financial officer of JD Sports Fashion on Oct. 31 after 15 years with the company, which has made many important acquisitions lately, including those of Go Outdoors in the U.K. and The Finish Line in the U.S. Under ...
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News briefs
The Mammut Sports Group has appointed Kris Kustler, formerly Swiss...
The Mammut Sports Group has appointed Kris Kustler, formerly Swiss managing director of the company, as managing director of Mammut North America, with immediate effect. The appointment follows the sudden departure of Joe Prebich after only about six months in the post. Mammut said the separation was made “professionally,” but ...
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News briefs
Cascade Designs has appointed Dave McDonald as senior vice president...
Cascade Designs has appointed Dave McDonald as senior vice president and chief operations officer (COO), to supervise the supply chain, manufacturing, logistics and distribution. McDonald was previously president at Lakeside Metal Specialties, an international sourcing and manufacturing services firm, after leadership functions at several other public, private and family-owned companies. ...
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News briefs
Haglöfs has appointed a new global product manager, Paul Cosrove,...
Haglöfs has appointed a new global product manager, Paul Cosrove, who was most recently the apparel category manager at Berghaus. He took office on Oct. 15, reporting to Carsten Unbehaun, the former Asics manager who became the company's new chief executive in January.
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News briefs
Tina Rolén, former marketing director at Haglöfs, has joined VF...
Tina Rolén, former marketing director at Haglöfs, has joined VF Corp. to take the marketing lead at Vans in Europe, the Middle East and Africa (EMEA). Rolén has spent many years in the sports, outdoor and fashion industry, working with brands from Nike and Adidas to Mini Rodini and Haglöfs. ...
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News briefs
Polygiene has hired Rebecka Harvyl as its new marketing manager....
Polygiene has hired Rebecka Harvyl as its new marketing manager. Prior to joining Polygiene, Harvyl served as a project manager and marketing coordinator at Hemmakväll, also in Sweden. Meanwhile, Bobby Howell has been hired as Polygiene's commercial director of North America, covering the West Coast region. He will work alongside ...
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News briefs
Vibram North America has announced that Michael Gionfriddo will retire...
Vibram North America has announced that Michael Gionfriddo will retire as the company's president and chief executive effective Dec. 31, and that Fabrizio Gamberini has been hired as the new president of the U.S. operation. Also, the company has announced that Richard Riegel, currently a member of U.S. company's board ...
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News briefs
Oy Sultrade, one of the major distributors of sports products...
Oy Sultrade, one of the major distributors of sports products in Finland and the Baltic countries, has a new chief executive, Sari Rosin, replacing Risto Salo, the former CEO of Halti, who is leaving the company. Rosin, 46, will remain CEO of Oy Transmeri Ab, one of the subsidiaries of ...
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News briefs
The Intersocks Group has secured a Canadian distributor for its...
The Intersocks Group has secured a Canadian distributor for its Salomon line of socks. Founded in Montreal in 1988, In-Sport Fashions will begin distributing Salomon socks in time for the spring 2019 season. The collection includes socks for alpine skiing, Nordic skiing, trail running and other outdoor activities.
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News briefs
Mountain Warehouse will no longer run standalone stores under the...
Mountain Warehouse will no longer run standalone stores under the Zakti brand, which was launched four years ago to expand into the athleisure market. It confirmed a report from Retail Week that four Zakti stores would be converted to Mountain Warehouse. But in the meantime, the British outdoor retailer has ...
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News briefs
Urban outdoor and rugged outdoor play a big role in...
Urban outdoor and rugged outdoor play a big role in the revised version of Schuster, the famous sports store in downtown Munich, which reopened its doors a few days ago after two years of redecoration and its enlargement from 4,000 to 5,000 square. Run by Rainer Angstl, Schuster is an ...
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News briefs
The first mono-brand store of La Sportiva outside Europe opened...
The first mono-brand store of La Sportiva outside Europe opened at the end of September in a shopping center in Mexico City, called Paseo de Las Palmas. It is being operated by Alta Vertical, the Mexican distributor of the Italian brand. The move follows an increase in the company's turnover ...
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News briefs
Oysho, one of the retail chains of the Spanish Inditex...
Oysho, one of the retail chains of the Spanish Inditex group, is releasing a line of tech-ware for mountaineering. This “capsule collection” includes water-repellant trousers and jackets, fleece tops, thermal leggings, rain-protection gear, a scarf, boots, poles, a backpack and fast-drying socks. Several items feature Primaloft insulation. The most expensive ...
