All Corporate articles – Page 76
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News briefs
IC Companys has signed an agreement to divest...
IC Companys has signed an agreement to divest its Mid Market division, leaving the Danish apparel group with only three brands: Peak Performance, Tiger of Sweden and By Marlene Birger. The group pointed out that these three brands, which were recently put in a new Premium segment of ...
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Thule Group has agreed to sell its entire trailer business,...
Thule Group has agreed to sell its entire trailer business, which is worth $90 million a year, to Accent Equity 2012, an investment fund, with company management as co-investors. As a result of the transaction a new entity, Brenderup Group, is being created, incorporating operations in the Nordic market and ...
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Philippe Joffard, the former chief executive of Lafuma Group, who...
Philippe Joffard, the former chief executive of Lafuma Group, who sold his shares in the company to Calida and left it more than one year ago, is now the CEO of Peek-a-Boo, a French producer of children's items with an annual turnover of €50 million that markets its products under ...
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Jos. A Bank Clothiers is not going to go ahead...
Jos. A Bank Clothiers is not going to go ahead with its proposed $825 million acquisition of Eddie Bauer, as the American menswear retail chain has agreed to be acquired instead by a competitor, The Men's Warehouse. As a result, Eddie Bauer's parent company, Everest Holdings, will get a break-up ...
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To better define sales and marketing activities, Swix Sports has...
To better define sales and marketing activities, Swix Sports has reorganized its company into two separate internal organizations – Sport and Outdoor. Though retailers and consumers will not be able to tell any difference, all Swix and Toko activities now fall under the Sport organization, while the brands Lundhags and ...
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News briefs
JD Sports has acquired Ultimate Outdoors, a retail with three...
JD Sports has acquired Ultimate Outdoors, a retail with three stores in the north of England and Wales under its own name and another under the Planet Fear banner in Keswick. In addition to JD and other properties in the sports and fashion sectors, the British retailer controlled by Pentland ...
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Calida Holding of Switzerland has ended up with 59.92 percent...
Calida Holding of Switzerland has ended up with 59.92 percent of the shares in the Lafuma Group, up from 53.07 percent as of last Dec. 31, after a series of refinancing measures that have cut down its debt drastically and boosted equity to $56.88 million. A positive operating cash flow ...
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Lorpen, the high-performance sock maker from Spain, faced financial problems...
Lorpen, the high-performance sock maker from Spain, faced financial problems during 2013, but is currently in discussions with a potential investor and the deal should be finalized in the next few months. As it turns out, the company recorded last year 10 percent growth in sales in the U.S. and ...
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Short stops
Jarden Corp. sold its minority stake in the Rossignol Group...
Jarden Corp. sold its minority stake in the Rossignol Group for $50 million in the fourth quarter of 2013, but the size of its equity has not been disclosed
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News briefs
The Lafuma Group has reported the successful completion of an...
The Lafuma Group has reported the successful completion of an equity increase of €10 million, but the company had not yet published the new structure of the capital as of today. In a preliminary report, the group has indicated that its sales inched up by 2.8 percent in the quarter ...
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News briefs
Essilor International, the world's biggest supplier of ophthalmic lenses, has...
Essilor International, the world's biggest supplier of ophthalmic lenses, has announced the completion of its acquisition of Costa Inc., producer of the Costa and Native brands of sunglasses. The French company says that Costa has become the fastest-growing brand of performance sunglasses in the U.S. As a group, Costa Inc. ...
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JD Sports Fashion has taken over yet another British...
JD Sports Fashion has taken over yet another British outdoor retailer, Ultimate Outdoor, which operates three stores under its own name in Northern England and Wales, plus a Planet Fear store in Keswick. Based in Lancaster, it has been running in its present form since 1999, but its roots reportedly ...
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News briefs
Golden Gate Capital has agreed to sell Eddie Bauer, the...
Golden Gate Capital has agreed to sell Eddie Bauer, the well-known American outdoor and fashion retailer, for $564 million in cash and 4.7 million shares in the chain's new owner, Jos. A. Bank, a men's apparel retailer that has 570 stores in the U.S. The acquisition price is a multiple of ...
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News briefs
After it came under the control of Bollin Group last...
After it came under the control of Bollin Group last July and appointed Mark Billing as the new managing director, Trekmates, the British brand of outdoor and adventure travel accessories and vclothing, signed a cooperation agreement with Go System, the British brand of portable gas appliances, for the distribution and ...
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Short stops
GoPro, the big American supplier of action video cameras,...
GoPro, the big American supplier of action video cameras, has filed a confidential request for an initial public offering and opened a European head office in Munich (more in SGI Europe)
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News briefs
The Fenix Outdoor Group is about to open an office...
The Fenix Outdoor Group is about to open an office in Hong Kong in charge of coordinating the activities of the distributors and licensees of its brands in the Far East region, excluding the Republic of China. The main markets that the new office will supervise are Japan, South Korea, ...
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News briefs
NRS, the Idaho-based manufacturer of rugged paddling gear and high-performance...
NRS, the Idaho-based manufacturer of rugged paddling gear and high-performance inflatable watercraft, announced that, as of 2014, the company is 100-percent owned by its employees. The staff have assumed full ownership of the company after purchasing all outstanding stock from its independent shareholders. The move tops a bold year for ...
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News briefs
Dachstein has moved its head office from Kufstein to Salzburg....
Dachstein has moved its head office from Kufstein to Salzburg. According to the Austrian company, the new headquarters and its new collection reflect a new image. The office includes a showroom. The collection will be presented at the Ispo Munich show, where the brand is returning following its relaunch under ...
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News briefs
Hydrapak, the U.S.-based producer of innovative hydration systems, has announced...
Hydrapak, the U.S.-based producer of innovative hydration systems, has announced that it has doubled the size of its headquarters in Oakland, California. The expansion comes on the heels of its new partnership with REI, as the retailer selected Hydrapak's award winning SoftFlasks to headline its “First to Market” program, selling ...
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Noting that he is a runner himself, Angel Martinez, president...
Noting that he is a runner himself, Angel Martinez, president of Deckers Outdoor Corp., tells Footwear News that he sees the recently acquired Hoka One One brand of trail running shoes hitting an annual turnover of $100 million within a short time. The company told investment analysts at the ICR ...
