All Corporate articles – Page 25
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News briefsG3 reportedly insolvent
Genuine Guide Gear faces financial trouble as a BC court ordered the sale of its assets. The brand’s future is uncertain.
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ArticleThree bike industry veterans launch first dedicated investment fund for micromobility
Fundracer is a new, micromobility-focused investment fund that aims to support innovative start-ups and promote growth in the sector.
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ArticleAlpina cuts staff in the face of ongoing financial challenges
The Slovenian footwear manufacturer is reportedly cutting 60 jobs and relocating production to Bosnia to counter financial challenges and declining sales.
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ArticleYeti Cycles opens EU branch
The US bike brand is expanding into Europe with a new subsidiary in southern Germany, aiming to strengthen its presence in key markets.
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News briefsNox Cycles expands with subsidiary in South Africa
The Austrian manufacturer, which exclusively produces electric mountain bikes, continues to branch out.
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ArticleRebike Mobility and BusinessBike give e-bikes a new life in work bike leasing
Rebike Mobility partners with BusinessBike to offer refurbished e-bikes in company bike leasing in Germany, promoting sustainable, cost-effective mobility solutions.
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News briefsGrivel secures investment from Swiss investor
The Italian equipment brand partners with Midi Management to support the development and expansion of its business.
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ArticleAdam Arnold: Steering Nikwax and Páramo toward employee ownership and sustainable success
In our latest interview, Adam Arnold, CEO of Nikwax and Páramo, discusses steering the company towards employee ownership, navigating post-pandemic challenges, and championing sustainability. Learn about Arnold’s journey from a summer job to CEO and how he plans to achieve net zero emissions by 2040.
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ArticleVista to review strategic alternatives, shareholder meeting postponed
The Board of Directors of Vista Outdoor wants to examine strategic alternatives for the future of Revelyst and The Konetic Group – and is postponing the shareholders’ meeting once again.
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ArticleUS non-profit Camber Outdoors shuts down operations
The organization, founded in 1996 to support outdoor industry partners in implementing best practices in DEI in the workplace, will discontinue operations in August 2024.
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News briefsScarpa has a new minority shareholder
Italian investment holding company Nuo acquired a stake in the company, with Cornaro, the family holding company, retaining majority ownership and control.
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ArticleBicycle 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 ...
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News briefsSuzano starts operations at world’s largest single pulp production line
Suzano has announced the operational startup of a new mill in Ribas do Rio Pardo in Brazil, the world’s largest single-line pulp plant and one of the country’s largest-ever private investment projects.
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News briefsAustrian e-bike contract manufacturer WSF Technology liquidated
The administrator announced in July that the young Austrian bicycle and e-bike contract manufacturer WSF Bicycle Technology GmbH would be liquidated, which means that the company’s assets are being sold.
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ArticleHelen 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.
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ArticleCSG 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.
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ArticleLionRock 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 ...
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News briefsLowa strengthens DACH business by integrating Austrian distribution partner
With the acquisition of the Austrian Lowa Sportschuhe GmbH sales company, based in St. Martin im Innkreis, and the change of name to Lowa Austria GmbH, Germany-based Lowa Sportschuhe GmbH has finally united all German-speaking Lowa core markets under one roof. Matthias Wanner, Chief Sales Officer (CSO) of Lowa, will ...
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News briefsParadise Textiles and Nanollose sign R&D agreement
Paradise Textiles, the innovation hub of global textile and apparel firm Alpine Group, has signed a deal with biotech company Nanollose for the exclusive supply of its sustainable Nullarbor fibers. Under the non-binding terms of the joint venture agreement, Paradise will work closely with Nanollose to develop yarns and fabrics ...
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News briefsColoreel Group files for bankruptcy
Swedish tech company Coloreel Group AB, known for its instant thread dyeing technology, has announced that it has filed for bankruptcy. The filing also involves the daughter firm Coloreel AB. The group could not develop its business volume quickly enough and secure the necessary financing, Coloreel explained in a statement. ...
