News Briefs – Page 404
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News briefs
L Capital Asia Investment, a private equity fund sponsored by...
L Capital Asia Investment, a private equity fund sponsored by LVMH, has agreed to acquire a 40 percent stake in 2XU, an Australian brand of compression garments for triathletes, cyclists and runners, for 75 million Australian dollars (€49.0m-$66.9m). The acquisition will cut the combined shareholdings of the eight-year-old company's founders ...
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News briefs
After its acquisition of Costa, the American producer of sports...
After its acquisition of Costa, the American producer of sports sunglasses, Essilor International, the world's largest supplier of ophthalmic lenses, has announced the takeover of Suntech Optics of Canada. Through a subsidiary called Bugaboos, the latter sells Ryders Eyewear, a line of performance sunglasses for mountain bike enthusiasts (more on ...
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News briefs
Widening its base of debt investors to Central Europe, Amer...
Widening its base of debt investors to Central Europe, Amer Sports has signed a “Schuldschein” worth a total of around €70 million. For Amer, this typically German certificate of indebtedness is made up of a bundle of loans in euros and U.S. dollars with a maturity of five years that ...
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News briefs
Amer Sports has extended the number of employees benefitting from...
Amer Sports has extended the number of employees benefitting from its Performance Share Plan from about 80 to 200 for the 2013-15 period. The amount of net rewards to be paid on the basis of the plan has been raised from a maximum total of 1.2 million shares to 1.4 ...
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News briefs
While waiting for the appointment of a new chief executive...
While waiting for the appointment of a new chief executive to take the place of David Cotter, Berghaus has announced that David Kennedy, its long-time finance director, will retire in March next year after 20 years with company. John Carver has joined the U.K.-based outdoor brand, which is part of Pentland ...
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News briefs
Mike Edwards has been appointed managing director of Burton McCall,...
Mike Edwards has been appointed managing director of Burton McCall, the big U.K. distributor of outdoor products owned by the Bollin Group. He is taking the place of Steve Davey, who is leaving the company after nine years to run a bicycle distributor, Extra UK. Edwards has been most recently ...
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News briefs
Joan Solà will start next month in the new position...
Joan Solà will start next month in the new position of global sports marketing manager for Salomon and Suunto, based at Salomon's head office in Annecy, France. He will coordinate the work of officials responsible for sports marketing officials in various countries who are responsible for different categories such as ...
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News briefs
Gina R. Boswell, executive vice president of Unilever in charge...
Gina R. Boswell, executive vice president of Unilever in charge of personal care products, is joining the board of directors of Wolverine Worldwide. Blake W. Krueger, Wolverine's chairman and chief executive, says that she has an impressive track record of building global brands, executing business strategy, and growing market share ...
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News briefs
Wigwam, the American brand of socks, has promoted Natalie Stangl...
Wigwam, the American brand of socks, has promoted Natalie Stangl to the position of brand marketing manager. She will report to Jim Einhauser, executive vice president of marketing and sales. Stangl has been traveling all over the U.S. and abroad as field marketing manager over the last four years. She ...
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News briefs
Johnson Outdoors has appointed Christopher Martens to a new position...
Johnson Outdoors has appointed Christopher Martens to a new position as business director for its camping unit, responsible for brand management, product management, marketing, R&D, quality control and customer service for Johnsons' Eureka!, Silva, and Jetboil brands. Besides acting as chief executive of Respect Your Universe, Martens served in numerous ...
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News briefs
Gregory Mountain Products has boosted its marketing department, hiring two...
Gregory Mountain Products has boosted its marketing department, hiring two former officials of Black Diamond Equipment and adding a graphic designer, Allaina Jeffreys. Colleen Nipkow is returning to the Black Diamond group as marketing director for Gregory. She comes from Scarpa North America, where she acted as marketing manager after ...
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News briefs
Dave Mahoney, director of commercial sales at Outdoor Research over...
Dave Mahoney, director of commercial sales at Outdoor Research over the past five years, has been promoted to the role of vice president of sales. In this position, he will be responsible for sales in North America and the rest of the world except for Europe, a region that will ...
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News briefs
Ortholite has appointed Denny Cowger as chief administrative officer and...
Ortholite has appointed Denny Cowger as chief administrative officer and general counsel. He will be focusing on the development and implementation of the strategic plans of this U.S.-based provider of comfort insoles, monitoring its management team and advising the company on global legal issues. Most recently, Cowger served as a ...
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News briefs
Noble Biomaterials, a U.S. company certified by Bluesign Technologies that...
Noble Biomaterials, a U.S. company certified by Bluesign Technologies that describes itself as a global leader in bacterial management solutions for the medical, defense, industrial and apparel markets, has appointed Stephen Winnen to the new position of managing director for Europe. He will be based at Herbechtlingen, Germany, and will ...
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News briefs
GSI Outdoors, the American producer of outdoor tableware and cookware,...
GSI Outdoors, the American producer of outdoor tableware and cookware, is expanding into Poland and Italy after signing up with two new distributors. Künzi, based in Bresso, near Milan, will take care of GSI on the Italian market, where it already represents some 40 brands, mostly in the field of ...
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News briefs
First Ascent will add Komperdell, the Austrian producer of ski...
First Ascent will add Komperdell, the Austrian producer of ski and Nordic walking poles, to the brands that it represents in the U.K. The British agency and distributor suffered big losses in the past year due to the termination of contracts with Black Diamond and Cascade Designs.
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News briefs
The distribution in Europe of Backcountry Access' snow safety and...
The distribution in Europe of Backcountry Access' snow safety and avalanche protection items will be transferred to K2 Europe following the company's acquisition by Jarden Corp. earlier this year from its founders, Bruce McGowan and Bruce Edgerly. They are both still involved in the management. K2 will also provide support ...
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News briefs
Thorlo is terminating its distribution agreement for the U.K. with...
Thorlo is terminating its distribution agreement for the U.K. with Equip Outdoor Technologies and setting up its own network of sales reps in the country. The American company will work with WTDSL to provide logistical and customer service support. The new set-up has been organized by David Udberg, who is ...
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News briefs
Beginning in the autumn of 2014, Lundhags will be responsible...
Beginning in the autumn of 2014, Lundhags will be responsible for the distribution in Sweden of Ulvang, the Norwegian brand of wool socks, headwear and underwear owned by Swix Sport since 2004. Swix, a ski wax specialist based in Norway, bought Lundhags from Sweden in January 2012. Lundhags will start ...