Latest Corporate and M&A

  • Goldwin-Munich-1
    Article

    Interview: Goldwin opens Munich flagship; expects positive business development

    2020-10-19T10:28:00Z

    Clean, minimalist styling, first-rate functionality and zero-compromise performance – the new Goldwin flagship store in Munich undoubtedly reflects the core principles behind the Japanese brand that started out with knits and ski clothing. Today, Goldwin is still offering a technical and fashionable ski collection, but the main focus has ...

  • HOJI_1_Desat Kopie
    Article

    ​New owners for 4FRNT

    2020-10-19T07:05:00Z

    According to an article in SNEWS , the independent U.S. freeride and backcountry ski company 4FRNT has been taken over by a group of private entrepreneurs from former owner Jason Levinthal , who acquired the brand from former founder Matt Sterbenz in 2017. The article was written by ...

  • lp_fischer_store
    Article

    Major fire in Fischer’s Ukrainian ski factory

    2020-10-18T17:02:00Z

    Various news sources have reported that a fire broke out in a ski factory in Ukraine last week. According to the State Emergency Service of Ukraine (SES), the roof of a large one-storey building at the JSC Tysa ski factory caught fire on Oct. 12 at 2:00 a.m. Kyiv time. ...

  • OBE-logo-oberalp-group-A_white
    Article

    Oberalp Virtual Convention to focus on women; introduction of new brand expected

    2020-10-12T21:46:00Z

    As the first ” Oberalp Virtual Convention ” in May 2020 was extremely positive for the Italian company and its brands Salewa , Dynafit , Wild Country , Evolv and Pomoca with more than 37,000 clicks, and as ongoing travel restrictions due to the Covid-19 ...

  • ABS_A.Light_slate_01_629.00EUR_02
    Article

    New brand identity for avalanche airbag pioneer ABS

    2020-09-26T18:43:00Z

    SpinCapital , the Munich-based owner the German brand ABS since 2017, is reinventing the well-known avalanche airbag brand founded in 1985 with a new strategy, new brand identity, new products, digital offensive and stronger trade marketing.The founder of SpinCapital and chief executive of ABS, Stefan Mohr , is responsible ...

  • Fischer Sports
    Article

    Fischer lays off 150 workers

    2020-09-24T08:12:00Z

    Like Rossignol , which has just announced the elimination of 95 jobs, Fischer Sports has decided to lay off 150 workers at its Ukrainian ski factory following a drop of about 25 percent in pre-orders for the coming autumn/winter season. However, the management is cautiously optimistic about the ...

  • Bildschirmfoto 2020-09-22 um 22.06.21
    Article

    ABK is closing down

    2020-09-22T20:10:00Z

    ABK Company , owner of the ABK climbing brand, is winding up its business, which has run out of capital and was placed in liquidation on Aug. 4 by France’s commercial court. According to Hugo Allard , the company’s chief executive and one of its founders, it was the ...

  • Unbenannt
    Article

    Chamatex to open “smart” footwear factory in France with Salomon and others

    2020-09-20T13:00:00Z

    French textile producer Chamatex has teamed up with Salomon , Babolat and Millet as well as an investment company on the construction of a new footwear manufacturing facility called Advanced Shoe Factory 4.0 (ASF 4.0) in the Auvergne-Rhône-Alpes region of France. ASF 4.0 was founded by ...

  • MEC_Logo_1
    Article

    ​Canada’s MEC to be taken over by U.S. investor; co-op owners feel betrayed

    2020-09-17T12:37:00Z

    The announced sale of Canada’s best-known outdoor equipment retailer, Mountain Equipment Co-op ( MEC ), to Kingswood Capital Management , a Los Angeles-based private equity firm, has sparked widespread discussion across Canada. MEC was founded in 1971 in Vancouver, British Columbia. To be able to shop in the store, ...

  • Klarna_Logo_Primary_Black
    Article

    Klarna becomes the most valuable financial start-up in Europe

    2020-09-16T09:19:00Z

    Klarna , a Swedish online payment service provider with headquarters in Stockholm, raised $650 million in an equity funding round, which values the whole company $10.65 billion. Klarna claims that the valuation ranks it as the highest-valued private fintech in Europe and the 4th worldwide. The funding round was ...

  • Clarus Kopie
    Article

    ​Clarus expects Black Diamond and Sierra to grow

    2020-09-10T11:25:00Z

    In a presentation at this year’s virtual edition of the Gateway Conference in San Francisco, an annual invite-only conference that brings together the most compelling companies with the nation’s top investors and analysts, Clarus called the Covid-19 pandemic a “potential blessing” for its Black Diamond and Sierra ...

  • Polygiene
    Article

    Lloyds Fonds acquires 2.4% of Polygiene AB

    2020-09-01T09:28:00Z

    As we reported earlier , the Swedish fabric technology brand Polygiene , which was founded in 2006 as a spin-off of the Swedish chemical company Perstorp , was among the winners in the Covid-19 pandemic thanks to its new antiviral treatment, ViralOff® , which was launched in April. This success ...

  • HW LeChameau (39)
    Article

    Bradshaw Taylor repositions Le Chameau

    2020-08-23T15:34:00Z

    After Bradshaw Taylor Ltd , an outdoor sales specialist from Oakham, UK, bought the premium boot brand Le Chameau last November, the family business has invested heavily in the brand. To position it well for the future, company boss Corry Taylor and his ...

  • Rossignol
    Article

    Rossignol to sell Raidlight except for Outdoor Experiences division

    2020-08-03T17:05:00Z

    The Rossignol Group has announced the sale of Raidlight Vertical , a French company specializing in footwear, apparel and equipment for trail running and ski touring, with an annual turnover of around €8 million. It will only keep and expand its Outdoor Experiences division, which organizes trail ...

  • simon-schmitz-NruAp5ntOTE-unsplash
    Article

    Russian outdoor goods industry resumes operation

    2020-07-30T10:02:00Z

    Russian outdoor industry companies hit by the Covid-19 pandemic are gradually getting back to business. N1Sport – according to its owner, Alexey Surkin – has not only resumed production but expanded its range, beginning to manufacture athletic apparel for the mass market under the Sterin brand. ...

  • EVENTBANNER
    Article

    eVent has a new owner

    2020-07-06T13:25:00Z

    eVent fabrics , a Missouri-based developer of waterproof apparel, has announced that as of June 30, Performax Pro has assumed full ownership of the brand after acquiring it from Parker Performance Materials for an undisclosed sum. Performax Pro, based in Hong Kong, is a provider of performance fabrics ...

  • odlo
    Article

    Odlo has a new owner

    2020-05-14T10:43:00Z

    Monte Rosa Sports Holding AG , a company based in Switzerland, has acquired Odlo International , the Swiss producer of functional sports underwear, together with all its national subsidiaries, from Herkules Fund III . The transaction was completed on Wednesday, May 13, for an undisclosed price. Odlo was founded ...

  • YETI-USA-Logo-Social
    Article

    Yeti offers more shares after a good Q1

    2020-05-13T11:16:00Z

    Yeti has announced a secondary offering of 15 million shares by the Seiders family and some of its shareholders. It’s the third time that insiders have sold large batches of shares since the American maker of camping coolers and drinkware went public in 2018. The latest offering came ...

  • Clarus Kopie
    Article

    Store closures end Black Diamond’s strong growth

    2020-05-12T12:23:00Z

    Store closures due to the pandemic pushed Clarus Corp. ’s sales for the first quarter down by 12 percent to $53.6 million. The parent company of Black Diamond , Pieps and Sierra Bullets saw its net income tumble to $36,000, compared with $3.8 million for the three months ...

  • Polygiene-Logo
    Article

    Polygiene benefits from antiviral technologies

    2020-04-15T14:15:00Z

    Polygiene said its revenues grew in the first quarter of 2020, despite production being halted across Asia due to the coronavirus outbreak. According to preliminary estimates, the Swedish company’s sales rose by 4.3 percent from the year-ago quarter, which the management partly attributed to the group being able to ...