All Corporate articles – Page 76
-
News briefs
Samsonite International has completed the acquisition of Rolling Luggage, an...
Samsonite International has completed the acquisition of Rolling Luggage, an airport retailer of branded luggage and travel products, as part of its ongoing strategy to enhance its global multi-brand retail platform. Samsonite has acquired the U.K.-based retailer from the capital-owned Tie Rack Retail Group for a cash consideration £15.75 million ...
-
News briefs
Esquif Canoes has announced on its website and Facebook page...
Esquif Canoes has announced on its website and Facebook page that it ceased operations on March 16. After 15 years in business, the Quebec-based canoe maker has sold its assets and ended production. Esquif sold whitewater, touring and sporting canoes. The company had been striving to develop a replacement for ...
-
News briefs
Black Diamond Equipment will expand its manufacturing operations in Utah,...
Black Diamond Equipment will expand its manufacturing operations in Utah, according to a joint announcement by the company and the state's Governor's Office of Economic Development (GOED). The company, which manufactures specialized outdoor equipment for climbing, skiing and mountain sports, is a subsidiary of Black Diamond Inc., which also owns ...
-
News briefs
Thule Group has inaugurated a big new distribution center in...
Thule Group has inaugurated a big new distribution center in Poland to service customers in Central and Eastern Europe as well as Russia and Scandinavia. The new center, which has involved investments of 65 million Swedish kronor (€6.9m-$7.8m) is located at Huta, in western Poland, where the group has operated ...
-
News briefs
Cascade Designs will open a new manufacturing and distribution center...
Cascade Designs will open a new manufacturing and distribution center in Reno, Nevada later this year to assist growth at lower costs, the company said. The facility will handle all distribution for the company's brands, which include SealLine, MSR, Platypus, Therm-a-Rest, and others. The company has offered around 100 employees ...
-
News briefs
Osprey Packs is planning to complete an expansion of its...
Osprey Packs is planning to complete an expansion of its Cortez, Colorado headquarters in the second half of the year to house a growing staff. Fourteen new positions will be added to its Cortez facilities in the course of 2015, including staff for the IT department and the sales, marketing, ...
-
News briefs
Amer Sports has completed the repurchase of 819,171 of its...
Amer Sports has completed the repurchase of 819,171 of its own shares at an average price per share of €15.49, a process that began on Aug. 15. As a result, the company now holds a total of 1,417,429 treasury shares representing about 1.20% of the total number of outstanding shares ...
-
News briefs
A French TV production company, Groupe AB, is launching a...
A French TV production company, Groupe AB, is launching a new cable and satellite TV channel in France. Called Trek, it will go live on Feb. 2 and will feature a diversified program 24 hours a day, covering one theme each day of the week: extreme sports, hiking, snow sports, ...
-
News briefs
The Swiss-based Katadyn Group has acquired the assets of Spectra...
The Swiss-based Katadyn Group has acquired the assets of Spectra Watermakers, a company in California that makes desalination systems, based on its proprietary recovery pumps, that are used on the water and on the land. Bill Edinger, who founded the business in 1976, chose to sell it to Katadyn because ...
-
News briefs
Canada Goose has acquired the assets of Grand Harbour Clothing,...
Canada Goose has acquired the assets of Grand Harbour Clothing, one of its largest outerwear factories. Based in Scarborough, Ontario, Grand Harbour Clothing has long been a key contract manufacturer for Canada Goose, producing a significant portion of the brand's outerwear. With the acquisition of the 45,000 square-foot facility, Canada ...
-
News briefs
Garmin has announced it is acquiring iKubu, a privately-owned designer...
Garmin has announced it is acquiring iKubu, a privately-owned designer of computer vision and radar systems for the cycling market based in South Africa. The financial terms of the acquisition have not been released. iKubu is working on the development of a backpack unit that tells cyclists the speed and ...
-
News briefs
Vista Outdoor, the sporting goods spin-off from Alliant Techsystems that...
Vista Outdoor, the sporting goods spin-off from Alliant Techsystems that owns Bushnell, Bollé and a raft of other brands, mostly in the firearms segment, is evaluating several merger and acquisition opportunities to diversify its product portfolio in areas such as camping, cycling, fishing, golf, snow sports, trail sports and water ...
-
News briefs
Igloo has completed the purchase of Cool Gear International from...
Igloo has completed the purchase of Cool Gear International from Raf Industries, which, along with Cool Gear's founders—Donna and Hank Roth—will remain shareholders in the combined company. The terms of the transaction were not disclosed. Additionally, Acon Investments, which is Igloo's mother company, has announced that Mark Parrish has been ...
-
News briefs
Amer Sports signed on Dec. 2 an agreement for a...
Amer Sports signed on Dec. 2 an agreement for a €150 million syndicated revolving credit facility for the next five years. Negotiated at favorable terms, it will be used for general corporate purposes including the refinancing of a €200 million syndicated loan obtained in 2011, which has now been terminated ...
-
News briefs
Décathlon has inaugurated a new campus for its three “mountain...
Décathlon has inaugurated a new campus for its three “mountain brands”: Quechua (outdoor), Wed'ze (snow sports) and Simond (climbing). The site regroups nearly 300 people who were previously dispersed over six sites, not including the workers at Simond's factory at Les Ouches. The new campus is located at Passy, near ...
-
News briefs
Kenji Haroutunian, who recently stepped down as a vice president...
Kenji Haroutunian, who recently stepped down as a vice president of Emerald Expositions after 15 years as director for its Outdoor Retailer show, has announced he has established KenjiConsults, a consulting business serving the industry. Haroutunian has been in the outdoor industry for nearly 30 years. In addition to leading ...
-
News briefs
The value of Jack Wolfskin's outstanding loans dropped in value...
The value of Jack Wolfskin's outstanding loans dropped in value by between 9 and 13 percent on Europe's secondary markets in the last month because of the company's poor financial performance, compounded by the effect of unseasonably good weather conditions that affected sales during the month of October. Data collected ...
-
News briefs
YKK, the world's largest manufacturer of zippers, is reportedly planning...
YKK, the world's largest manufacturer of zippers, is reportedly planning to invest $88 million in its Vietnamese factory to raise its annual production by 30 percent to 10 billion units by the end of 2016 and to double it by 2017. The additional capacity will become available by November 2015 ...
-
News briefs
Calida, which currently owns nearly 60 percent of Lafuma Group,...
Calida, which currently owns nearly 60 percent of Lafuma Group, is reportedly considering acquiring full control of the French company, which is still quoted on the French stock exchange, but is in no hurry to do so. It is said to be intent on further improving its profitability and on ...
-
News briefs
Compass Diversified Holdings (Codi) has launched a secondary offering of...
Compass Diversified Holdings (Codi) has launched a secondary offering of trust shares intended to raise up to $125 million to repay a portion of its credit facility. Codi is the parent company of Camelbak Products, Ergobaby and Liberty Safe. It is also a minority shareholder in Fox Factory, which is ...
