The latest news, analysis and data on corporate strategic initiatives, the latest mergers and acquisitions, IPOs, insolvencies and cooperations in the outdoor industry.
Founding family takes over on occasion of Norco Bicycles’ 60th anniversary
Independent bicycle wholesaler Norco Bicycles – renamed Live to Play Sports Group Inc. in 2011 – is no longer managed by the Lewis and Zalkow families.
Bicycle industry veteran launches virtual marketplace for OEM components
When “Mr. Koga” Pieter-Jan Rijpstra left the Dutch bicycle company Accell Group after 22 years at the turn of 2023/2024, he had a new project in mind. At the heart of his own, newly founded industry consultancy Bike Expert Interim Consultancy B.V. (BEIC) is an online platform of the same ...
Helen of Troy facing distribution facility problems
Helen of Troy is under increased scrutiny regarding the progress of its restructuring plan, particularly the functionality of its recently opened distribution center in Galloway, Tennessee.
CSG increases purchase price for The Kinetic Group to $2.15bn
CSG increased the base purchase price for acquiring The Kinetic Group business by $50 million to $2.15 billion, while Vista Outdoor reaffirms its FY25 outlook and reports preliminary Q1 results.
LionRock forms joint venture to grow Haglöfs in Greater China
To establish and expand the Haglöfs brand in the Greater China region, LionRock Capital founded a joint venture with the wholly owned subsidiary Affluent Team Global Limited of Viva Goods Company Limited in June 2024. LionRock, based in Hong Kong, acquired Haglöfs from Asics in December 2023. The new joint ...
Vista Outdoor ammo sale facing headwind, and support
Before Vista Outdoor’s shareholders vote on the sale of The Kinetic Group ammunition business to CSG on July 23, two investors have come out strongly against the deal, while another proxy advisory firm is now recommending the purchase after initial opposition.
Intersport celebrates 40 years of private label McKinley
Founded in 1984 and named after North America’s highest peak, McKinley has become the flagship private label brand of Intersport. This year, Intersport proudly celebrates four decades of McKinley.
Vista’s Board of Directors reaffirms committment to sale of The Kinetic Group to CSG
Vista Outdoor’s Board of Directors has issued an open letter to its shareholders recommending once again the sale of The Kinetic Group, Vista’s ammo segment, to the Czech company CSG.
CSG raises purchase price for The Kinetic Group to $2.1bn
Continuing the back-and-forth over the partial or complete sale of its business segments, Vista Outdoor has announced that it has entered into an amendment to the merger agreement with Czechoslovak Group a.s. (CSG) that increases the purchase price payable by CSG for the acquisition of The Kinetic Group business by ...
Indian fabric sourcing platform Fabriclore raises $1.6m
Fabriclore, an Indian technology-enabled fabric sourcing platform for fashion companies, announced that it has received $1.6 million in funding led by Bengaluru, India-based PeerCapital and UAE-based Regal Fabrics.