All Corporate articles – Page 58
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News briefs
Changes in Lenzing's management board
(SGI) Lenzing, the producer of cellulosic fibers, is switching out one member of its management board and expanding it by one seat. On March 1, Stephan Sielaff, Lenzing’s new chief technology officer, will take the seat vacated late last year by Heiko Arnold, who has left the company. A chemical ...
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News briefs
Moncler continues to grow
(SGI) The chief executives of Moncler and Kering have both denied press speculation about a possible acquisition of the Italian brand of luxury outerwear by the parent company of Gucci, Saint Laurent and other luxury goods brands, which spun off Puma two years ago. Indicating that there were no concrete ...
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News briefs
Shimano buys Pioneer Sports Cycle assets
(SGI) Shimano is planning to develop new products, web services and applications using certain assets of Pioneer Sports Cycle that it has acquired from Pioneer Corporation, the U.S. company that developed the first pedaling monitor and cycling computers in 2013. Many of Pioneer’s current products have been designed to be ...
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News briefs
The Calida Group continues to slim down the Lafuma Group
The Calida Group continues to slim down the Lafuma Group, focusing it on the Lafuma and Millet brands. It reports that Rainbow, a company founded by Emmanuel Debruères and Jean-Christophe Chetail, has offered to acquire Oxbow from Lafuma, adding that Debruères and Chetail seek to raise Oxbow toa new stage ...
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News briefs
VF Corporation is restructuring its management in Europe
Andrea Cannelloni, Napapijri’s long-standing vice president and general manager for EMEA, is to drive digital product development and head product development, sustainability and sourcing in a newly created position: president product platform. He will be responsible for the Napapijri, Timberland and Dickies brands. Timo Schmidt-Eisenhart, who has been with VF ...
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News briefs
Spartan Race announced the acquisition of Tough Mudder’s U.K
Spartan Race, the global leader in obstacle course racing, has recently announced the acquisition of Tough Mudder’s U.K., Canadian and German events. This is the first step in an effort to merge both obstacle course race leaders. Events in these countries will continue to be operated by the same team ...
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News briefs
The Austrian Lenzing Group will build a wood-pulping plant in Brazil
The Austrian Lenzing Group will build a wood-pulping plant in Brazil as part of a joint venture with the wood-based materials group Duratex. The plant in the state of Minas Gerais, near São Paulo, will strengthen the backward integration and thus the special fiber growth of the fiber producer and ...
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News briefs
Bluestar Alliance turns Nike’s former action sports brand into a licensed operation
(SGI) Bluestar Alliance, the new owner of Hurley, is moving quickly to turn Nike’s former action sports brand into a licensed operation. According to ShopEatSurf, it has signed contracts for the U.S. with companies specializing in men’s clothing, women’s clothing and swimwear. The licensees will rehire some or all of ...
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News briefs
In-Sport Fashions, based in Montréal, has acquired Slackline Industries
In-Sport Fashions, a distribution company based in Montréal, Canada, has acquired Slackline Industries, a manufacturer of slacklines and slackline systems, from Canaima Outdoors Inc. in Colorado. The products of Slackline Industries are currently sold in 10 countries. Slackline Industries is also the inventor of the ISI slackline judging system, one ...
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News briefs
Simond has moved into a new head office and factory
Simond, the French producer of mountaineering equipment purchased by Decathlon in 2008, has moved into a new head office and factory of 4,000 square meters at Vigie near Chamonix, using more modern and automated machinery to make its crampons, carabiners and ice axes. About 20 people were employed at original ...
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News briefs
Pentland has agreed to buy the rights to the Speedo brand in North America and the Caribbean
(SGI) Pentland announced a couple of weeks ago that it has agreed to buy the perpetual rights to the Speedo brand in North America and the Caribbean and the related operations from PVH Corp. for $170 million in cash, uniting all the brand’s operations around the world under a common ...
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News briefs
The Thule Group has acquired Denver Outfitters
(SGI) The Thule Group has acquired Denver Outfitters, an American producer of vehicle-mounted fishing-rod carriers. The company was founded in 2010 and is based in Denver, Colorado, although its website lists an address in Seymour, Connecticut. A banner on the homepage acknowledges the acquisition and says that deliveries of outstanding ...
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News briefs
La Sportiva has been honored with an Italian award
La Sportiva has been honored with an Italian award dedicated to family-owned companies that have been able to successfully manage the generational shift. The prize, which is called “Di padre in figlio” (Italian for “From father to son”), was presented at a special ceremony at the Swiss Center in Milan ...
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News briefs
Anllian Capital is issuing convertible bonds with a zero coupon worth €1 billion
Anllian Capital – a special-purpose investment vehicle belonging to Anta Sports Products that directly or indirectly owns just over 59 percent of Amer Sports through the Mascot Bidco consortium – is issuing convertible bonds with a zero coupon worth €1 billion. Issued at a price 0.25 percent higher than the ...
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News briefs
The Oberalp Group, which owns Salewa and other brands, indicated at its recent sales meeting…
…that its “Brand House” is going to soon add a sixth brand of mountain sports products. Declining to provide any details at this stage, Ruth Oberrauch, brand manager and sustainability manager of the group, said it is still working on the new project, but she denied that Oberalp is about ...
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Article
Adidas launches a skiwear line
Confirming a report in Süddeutsche Zeitung, Adidas says it is planning to enter the snowsports market with a line of winter sports apparel for cross-country and alpine skiing, ski touring and snowboarding for the autumn/winter 2020/21 season. It will be launched under its growing sub-brand for outdoor products, Adidas Terrex, ...
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Article
Amer is focusing on brand management
(SGI) In a move intended to get closer to the consumer, Amer Sports is introducing a new “brand-direct” business model into its global sales organization. Each of the brands in Amer’s portfolio – Arc’teryx, Peak Performance, Atomic, Salomon, Suunto, Wilson and Precor – will have a dedicated, direct sales structure ...
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Article
The Renewal Workshop expands to Europe after raising $5m
The Renewal Workshop, an American provider of circular solutions for apparel and textile brands, has raised $5.5 million (€4.95 million) in Series A financing. The Oregon-based company is working with brands like The North Face, Eagle Creek, Osprey, Pearl Izumi and Prana to renew existing products, analyze company operations, and ...
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Short stops
Lenzing has secured a bonded loan of €500 million from...
Lenzing has secured a bonded loan of €500 million from investors around the world over the next 10 years to fund the general running of the business, including important future projects related to sustainability
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News briefs
Anta Sports Products, which had a 57.95 percent stake in...
Anta Sports Products, which had a 57.95 percent stake in the consortium that bought Amer Sports earlier this year, will no longer have to include and report Amer's figures, which have been dilutive, in its consolidated income statements. Anta is shedding 5 percent of its economic interest in the group ...
