All Corporate articles – Page 63
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Lauche & Maas, a specialty outdoor retailer with three stores...
Lauche & Maas, a specialty outdoor retailer with three stores in Germany, filed for insolvency this month. The company has three stores in Munich and Ulm and operates a web shop. Max Liebig of the Jaffé law office was appointed as insolvency administrator. The wages of the company's 31 employees ...
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Ibex, an American brand that was generating annual sales of...
Ibex, an American brand that was generating annual sales of about $20 million from its merino wool performance apparel, has found a new owner for its assets, following an auction launched in January. Ibex is now a property of Flour Fund, a New York-based investment fund led by a marketing ...
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ABS Protection has moved from Gräfeling to the Schwabing section...
ABS Protection has moved from Gräfeling to the Schwabing section of Munich, where it will reportedly exploit synergies with other sports brands in the same building. Felix Neureuther, the German ski star, is a shareholder in the German manufacturer of avalanche airbags.
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With annual sales of more than $5 billion, JD Sports...
With annual sales of more than $5 billion, JD Sports Fashion is set to become the world's fourth-largest integrated sporting goods retailer, vastly improving its purchasing power with the likes of Nike, following a merger agreement reached on Sunday under which it will take over The Finish Line, a direct ...
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Short stops
Marcato Capital Markets has sold its 8.5% stake in Deckers...
Marcato Capital Markets has sold its 8.5% stake in Deckers Brands following its failure to obtain support for its proxy fight against the current management
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Amer Sports has cancelled 2,000,000 treasury shares, keeping only 1,486,696...
Amer Sports has cancelled 2,000,000 treasury shares, keeping only 1,486,696 of them. The number of outstanding shares in the company has thus been reduced to 116,517,285. Meanwhile, Amer Sports' board of directors has decided to transfer a total of 200,071 Amer shares to the personnel participating in its 2013 and ...
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Kabooki, the licensee of the Lego brand for outdoor apparel...
Kabooki, the licensee of the Lego brand for outdoor apparel for children, has a new majority shareholder. Christopher Silcowitz, chief executive of Kabooki, recently acquired 19.8 percent of the company's shares from the Lego group. Just a couple of days later, he was offered 70.1 percent of the shares, which ...
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Vibram has announced the opening of a new office in...
Vibram has announced the opening of a new office in Portland, Oregon, to support its clients in this important area of the U.S. for the outdoor industry. It will be run by Joel Enderle, who joins the Italian sole manufacturer after spending more than three decades in product development and ...
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Garmont International, the Italian performance footwear brand for outdoor activities,...
Garmont International, the Italian performance footwear brand for outdoor activities, has announced the arrival of Luigi Rossi Luciani as a new minority shareholder of the company. Rossi Luciani is the founder and president of Carel, a company specializing in energy-saving control solutions for the air conditioning and refrigeration sector. He ...
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W.L. Gore & Associates has opened an 11,000-square-foot R&D center...
W.L. Gore & Associates has opened an 11,000-square-foot R&D center in California's Silicon Valley that will connect it with companies in the aerospace, automotive, digital health, consumer electronics, fabrics, industrial and medical fields. A first project underway consists of funding a local startup, Krenzen, for the development of a digital ...
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Hamburger Morgenpost reported that Globetrotter faced protests last month from...
Hamburger Morgenpost reported that Globetrotter faced protests last month from some employees impacted by the projected move of its logistical services near Hamburg to a new distribution center in Ludwigslust, further east in the state of Mecklenburg-Vorpommern. Thirty of the 150 warehouse employees reportedly protested in front of the Globetrotter ...
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The Thule Group has opened a new assembly facility of...
The Thule Group has opened a new assembly facility of 13,500 square meters at Pila, in the western part of Poland, to expand its own production capacities in the Sport & Cargo Carriers category and to handle the manufacture of products that were previously subcontracted in the Active with Kids ...
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While benefiting from the recently announced reduction in the U.S....
While benefiting from the recently announced reduction in the U.S. federal corporate tax from 35 percent to 21 percent from now on, Amer Sports will have to take a $13 million charge in 2017 to write down $40 million in deferred tax assets in the U.S. as part of the ...
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Alpkit, a British outdoor brand and retailer which opened two...
Alpkit, a British outdoor brand and retailer which opened two stores last year, has secured a loan of £200,000 (€227,065-$277,905) from Mercia Fund Managers to support its growth. Alpkit makes its own brand of performance outdoor garments and equipment, along with custom-made titanium bikes under the Sondor brand. Established in ...
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Wayne Edy, the founder of Inov 8, has acquired a...
Wayne Edy, the founder of Inov 8, has acquired a 25 percent stake in Garmont International from Veneto Sviluppo, the regional investment fund that joined Prisma 2 in its takeover in 2014. Edy has been successfully distributing Garmont's military boots in the U.S. for many years through a firm in ...
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The management of Deckers Brands, parent company of Ugg, Teva,...
The management of Deckers Brands, parent company of Ugg, Teva, Sanuk and Hoka One One, won a 10-month fight against one of its investors at the company's annual meeting on Dec. 14, where all its directors were re-elected. The activist investor, Mercator Capital Management, had proposed that some or all ...
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Icebreaker, the New Zealand-based outdoor brand which is soon to...
Icebreaker, the New Zealand-based outdoor brand which is soon to become part of VF Corp., has announced a ten-year deal with New Zealand merino wool growers. The agreement is designed to grant Icebreaker a long-term supply of merino wool, while providing the brand's consumers with a traceable link back to ...
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Local investors are trying to put together a bid for...
Local investors are trying to put together a bid for Ibex, a producer of merino wool outdoor garments in Vermont. An auction is scheduled for Jan. 15. Ibex had announced a few days earlier that it had laid off 12 of its employees and that it was going to cease ...
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Leki has informed its German clients that it will place...
Leki has informed its German clients that it will place its customer service at their disposal on all the five Saturdays of December and on Saturday Jan. 13 and Jan. 20
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Deckers Brands, the parent company of Teva and Hoka One...
Deckers Brands, the parent company of Teva and Hoka One One, announced that it will make room for two new independent directors, replacing two who are retiring from its board. Marcato Capital Management, the activist investor that has been criticizing the company's management, asking to sell all the group's brands ...
