All Bever articles
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Article
Circularity in retail: Retailers finding their role in a changing world
How can retailers contribute to a more circular world? What are the challenges and how can medium-sized companies overcome them? At the panel talk “Circularity in retail” at ISPO Munich 2022, Yonderland’s head of sustainability, Melanie Grünwald, and Bergzeit’s CEO Martin Stolzenberger shared interesting experiences in transforming their retail concepts ...
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News briefs
Over 70 guests join Equip Sustainability Summit in the Netherlands
British outdoor brands Rab and Lowe Alpine (owned by Equip Outdoor Technologies Ltd.) have hosted the first Equip Sustainability Summit, on April 5 in the Netherlands. The event brought together more than 70 industry experts, retailers, stakeholders and outdoor enthusiasts to discuss options for a more sustainable outdoor industry. During ...
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Article
A.S. Adventure Group becomes Yonderland as it completes its refinancing
The A.S. Adventure Group is changing its name to Yonderland as it completes a financial reorganization under which its bank lenders have acquired a minority stake in the company. In addition to rescheduling its debt, it will also receive a capital injection of €25 million to support its growth strategy ...
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Article
PAI retains control of A.S. Adventure, whose sales fell by 22.9% in 2020
We reported earlier about an agreement between A.S. Adventure Group and 12 banks, brokered by the Amsterdam District Court, to deal with its debt of €292 million. Responding to our inquiries, the company’s management indicated that the terms of the agreement are a little different from what has been reported ...
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Article
Half of A.S. Adventure Group taken over by banks in exchange for €85 million in debt
According to reports by the Dutch financial daily Het Financieele Dagblad and the Belgian business daily De Tijd report, half of the share capital of the Belgium-based A.S. Adventure Group, one of the largest omnichannel outdoor retailers in Europe, has been taken over by several of its creditors – a ...
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News briefs
Bever’s new CEO comes from Nike
According to several media reports, Albert Scholte will be the new chief executive of the Dutch outdoor retail chain Bever as of Oct. 1. Scholte previously spent 13 years at Nike, where he was most recently responsible for the brand’s European business at Foot Locker. He is the successor of ...