All Corporate articles – Page 71
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News briefs
Ogio has announced that its new headquarters in Draper, Utah...
Ogio has announced that its new headquarters in Draper, Utah are scheduled to open in Nov. 16. The new 25,000-square-foot facility is nearly double the size of the previous headquarters following the company's strong growth over the past five years. The facility features a large showroom, for retail customer meetings ...
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News briefs
Amer Sports' board of directors has approved a Performance Share...
Amer Sports' board of directors has approved a Performance Share Plan and a Restricted Stock Plan as incentives for key employees. The first one will allow about 250 people to earn rewards in cash and Amer shares, up to a maximum of 1.1 million shares, based on the ...
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News briefs
Implus, the acquisitive U.S. company that owns numerous sports, fitness...
Implus, the acquisitive U.S. company that owns numerous sports, fitness and footwear accessories brands, has enlarged its fitness category to form the Implus Fitness & Wellness Division, after the purchase of Trigger Point Performance, Harbinger Fitness and Fuel Belt earlier this year. The move is meant to accelerate expansion in ...
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News briefs
Vaude has acquired Epiclist, the iPhone-compatible outdoor travel application developed...
Vaude has acquired Epiclist, the iPhone-compatible outdoor travel application developed over the past three years by Epic Peaks. Epiclist allows users to post travel and outdoor stories, which they can share with their friends. By documenting travels and outdoor activities, this app aims to inspire other users to plan their ...
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News briefs
Oboz, the U.S. outdoor footwear company, moved to larger headquarters...
Oboz, the U.S. outdoor footwear company, moved to larger headquarters in Bozeman, Montana, at the start of October. As the company continues to expand, it moved from a former cobbler's shop to a renovated building in downtown Bozeman, a former cold storage facility that currently houses a mix of companies ...
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News briefs
Le Chameau has decided to shut down its French manufacturing...
Le Chameau has decided to shut down its French manufacturing plant at Cahan near Flers, which employs 55 workers. The factory makes some of the high-end hunting boots in rubber and leather sold by the company. The production is expected to be transferred to another plant owned by the company ...
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News briefs
Implus, a U.S. company that owns a lot of brands...
Implus, a U.S. company that owns a lot of brands relating to sports, fitness and footwear, has added Fuelbelt, which specializes in hydration belts and running accessories. Acquired at an undisclosed price, Fuelbelt is to be included in the specialty category of Implus, alongside Balega socks, Triggerpoint and Sof Sole. ...
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Short stops
Calida, the Swiss lingerie group, is holding discussions with the...
Calida, the Swiss lingerie group, is holding discussions with the minority shareholders of Lafuma to take over the 35 percent stake it doesn't own in the French company at a reasonable price, says Sportguide.com
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News briefs
Julbo has become the only sports brand in Europe with...
Julbo has become the only sports brand in Europe with an in-house laboratory to make corrective lenses for its sports glasses. Like other brands of sports eyewear, it was previously outsourcing the process to an outside laboratory. Following an investment completed in April, Julbo's lab has a capacity to make ...
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News briefs
Wolverine Worldwide remains interested in acquisitions, but while there are...
Wolverine Worldwide remains interested in acquisitions, but while there are plenty of actionable assets in the market, the valuations are a bit high, said the management at the recent Goldman Sachs Retail Conference. Wolverine would prefer a good brand with heritage with at least $75 million in revenues - ideally ...
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News briefs
Coghlan's, a Canadian supplier of camping accessories based in Winnipeg,...
Coghlan's, a Canadian supplier of camping accessories based in Winnipeg, has acquired McNett, a supplier of water-repellent sprays, tent sealers, field repair kits and other outdoor gear and accessories based in Billingham, Washington. There will be no change in the management of the company, even at its European offices in ...
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News briefs
Thule Group has inaugurated an expanded global testing center in...
Thule Group has inaugurated an expanded global testing center in Hillerstorp, Sweden. The new lab features a doubling of space - from 600 to 1,200 square meters - and additional tools that enable the testing of all products in Thule's expanding product portfolio, thanks to an additional investment of SEK20 ...
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News briefs
The share capital of IC Group, parent company of Peak...
The share capital of IC Group, parent company of Peak Performance, has been raised by 0.3 percent to 170,562,470 Danish kroner (€22.9m-$26.1m) through the exercise of warrants under two different programs that priced the new shares at DKK 136.00 and DKK 166.80, respectively. IC Group has derived gross proceeds of ...
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News briefs
The Portland Business Journal (PBJ) reports that Poler Outdoor Stuff,...
The Portland Business Journal (PBJ) reports that Poler Outdoor Stuff, an apparel startup from Portland, has raised about $4.5 million from an unnamed foreign strategic investor. The funds should be used for international expansion, with the investor's support as a strategic partner. Established in 2011, Poler is meant to address ...
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News briefs
Calzados Boreal, the Spanish producer of rugged outdoor footwear, is...
Calzados Boreal, the Spanish producer of rugged outdoor footwear, is expanding its head office and manufacturing site near Alicante from 4,500 to 7,500 m², according to sportguide.com. The project will be completed next year, in connection with the company's 40th anniversary. The enlarged premises will include an indoor climbing wall ...
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News briefs
Assos of Switzerland, the well-known maker of bikewear from Lugano,...
Assos of Switzerland, the well-known maker of bikewear from Lugano, has changed ownership. The founding Maier family has sold its shares to a pool of investors led by Phil Duff, the former chief executive of Black Diamond, the U.S. brand of outdoor and snow sports equipment. Duff will reportedly take ...
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News briefs
Suunto, a subsidiary of Amer Sports, has opened a new...
Suunto, a subsidiary of Amer Sports, has opened a new Mobile Competence Center in Tampere, Finland. The facility, which was inaugurated on Aug. 10, is focused on the development of digital services and native applications for both iOS and Android. Suunto said it decided to start the center because of ...
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News briefs
Thule Group has signed an agreement to sell its snow...
Thule Group has signed an agreement to sell its snow chain business to an Austrian-based company, Schneeketten. The divestment will allow Thule to focus more on its core outdoor and bags segment. The company's board of directors has initiated a strategic review of the remaining businesses in its Specialty ...
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News briefs
Wolverine Worldwide remains interested in acquisitions, but while there are...
Wolverine Worldwide remains interested in acquisitions, but while there are plenty of actionable assets in the market, the valuations are a bit high. Wolverine's management told an analysts' conference organized by Goldman Sachs that it would prefer a good brand with heritage with at least $75 million in revenues - ...
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News briefs
Vista Outdoor told investors that it still has a “robust”...
Vista Outdoor told investors that it still has a “robust” acquisition pipeline. The company has raised its planned offering of senior notes by $50 million to $350 million, maturing in 2023 and bearing annual interest of 5.875 percent. The offering would help finance its acquisition of Jimmy Sykes and Camelbak ...
