All Corporate articles – Page 64
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Clarus Corporation, the parent company of Black Diamond, has raised...
Clarus Corporation, the parent company of Black Diamond, has raised $3,337,896 through a Dutch auction to retire about 1.4 percent of its outstanding shares. The company had offered to pay between $7.20 and $8.00 per share for up to $7.5 million worth of its equity, but then accepted only the ...
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Boa Technology has opened a new global headquarter in the...
Boa Technology has opened a new global headquarter in the Zeppelin Development Flight building in Denver. The space of 85,000 square feet is more than three times bigger than its previous location, and it doubles the capacity of its R&D operations. Founded in 2001, the specialist in technical shoe lacing ...
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Pegasus, a Chinese shoe manufacturer with a factory in Guangzhou,...
Pegasus, a Chinese shoe manufacturer with a factory in Guangzhou, says it is looking for new customers as it will no longer do business as of September with a client that accounted for 87% of its business in the past year
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Moody's has raised the corporate rating of Wolverine Worldwide from...
Moody's has raised the corporate rating of Wolverine Worldwide from Ba2 to Ba1
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As a first step in its divestiture plan, Vista Outdoor...
As a first step in its divestiture plan, Vista Outdoor has sold its Bollé, Cébé and Serengeti brands of sunglasses to Antelope Brands Bidco, an entity affiliated with an American private equity fund, A&M Capital Partners, which recently opened a branch in London. The transaction was closed for $158 million, ...
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Schöffel has opened an office in Hanoi, Vietnam, in order...
Schöffel has opened an office in Hanoi, Vietnam, in order to strengthen its relations with production partners in Southeast Asia. Until now, Schöffel's employees were traveling to see them in Vietnam and other countries for a constant exchange of information. The majority of Schöffel's products are made in Vietnam. Through ...
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Glorify Unbreakable signed up its 1,000th “business rebel” in early...
Glorify Unbreakable signed up its 1,000th “business rebel” in early June as part of a crowd-funding campaign to help launch the Austrian sports and outdoor eyewear more deeply into the international market. Through the campaign, which kicked off in September 2017, the company's inventor and business owner, Christian Egger, was ...
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On June 20, five days after the publication of its...
On June 20, five days after the publication of its stellar results for the last financial year (see the article in this issue), Canada Goose announced a secondary offering for 10 million subordinate voting shares by three of its shareholders, corresponding to about 9 percent of its equity. Bain Capital, ...
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Osprey Packs has taken over the 80 percent stake it...
Osprey Packs has taken over the 80 percent stake it didn't own in Osprey Europe from Robert Wylie, who started the operation in 2003 and will continue to run it. The terms of the acquisition were not disclosed. The move will allow a closer integration of the rather successful European ...
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VF Corporation has announced the completion of its acquisition of...
VF Corporation has announced the completion of its acquisition of Altra from Icon Health & Fitness
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Compass Diversified, the former owner of Camelbak that recently bought...
Compass Diversified, the former owner of Camelbak that recently bought 5.11 Tactical and Crosman, says it is still looking for acquisitions, but mostly outside the outdoor sector unless it finds an exceptional opportunity in the segment
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Vista Outdoor has sold its brands of eyewear – Cébé,...
Vista Outdoor has sold its brands of eyewear – Cébé, Bollé and Serengeti –to an investment fund for $150 million
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The Swix Sport Group is changing its name to Brav,...
The Swix Sport Group is changing its name to Brav, because it has turned into a company with multiple outdoor and winter sports brands. They generate annual sales in the range of one billion Norwegian kroner (€105.0m-$122.6m), about half of them outside of Norway. The Swix Sport Group was formed ...
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Clarus Corporation wants to trigger new synergies in marketing, sales...
Clarus Corporation wants to trigger new synergies in marketing, sales and direct-to-consumer operations in Europe between its main brand, Black Diamond, and Pieps, the Austrian brand of alpine safety equipment acquired in 2012. To this end, all the operational functions of Pieps are being transferred to Black Diamond's European office ...
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OnTracks, a French company that makes a connected device providing...
OnTracks, a French company that makes a connected device providing intuitive guidance for outdoor activities, without maps or audio assistance, has raised €1 million to pursue its development. Established in Marseille in 2016, OnTracks created a system working with two bracelets that vibrate and emit light signals to point the ...
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The Thule Group has entered into a new, more flexible...
The Thule Group has entered into a new, more flexible and more cost-efficient financing agreement that replaces the one it had contracted in connection with its public offering in November 2014. The new revolving credit facility of €300 million has a maturity of five years with an option for a ...
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VF Corporation has announced the completion of its acquisition of...
VF Corporation has announced the completion of its acquisition of Altra from Icon Health & Fitness
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Keen Footwear is planning to adopt a new manufacturing process...
Keen Footwear is planning to adopt a new manufacturing process for its shoes that requires no stitching, no lasting and no assembly, called 3D bonding. Using an injection machine, a 3D mold and a countermold, the process takes only a few seconds and can be applied to all kinds of ...
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IDC Capital, a New York-based investment fund that has already...
IDC Capital, a New York-based investment fund that has already made many important investments in Chinese companies, has acquired a stake of nearly 20 percent in the Rossignol Group. One of the goals is to help the French company to optimize its penetration of the growing Chinese market for winter ...
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Eddie Bauer and Pacific Sunwear, two struggling American retail chains...
Eddie Bauer and Pacific Sunwear, two struggling American retail chains that together have a total of 700 stores, are being merged into a single operation for all their back-office functions. They were both taken over by Golden Gate Capital through bankruptcy auctions.
