All Corporate articles – Page 78
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News briefs
The board of directors at Cabela's said it had started...
The board of directors at Cabela's said it had started exploring a range of strategic alternatives for the U.S. fishing, hunting and outdoor retailer, to drive value for its shareholders. After some investor rumblings in the last few weeks, Cabela's chief executive, Thomas Millner, said in a statement that the ...
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News briefs
IC Group's board of director has decided to initiate a...
IC Group's board of director has decided to initiate a new program that will grant up to 61,113 performance shares to the members of its global management team and other selected executives, for a total of 23 participants. They will have an opportunity to get one-quarter of the shares depending ...
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News briefs
Bondholders of Sympatex Holding have rejected a proposal to...
Bondholders of Sympatex Holding have rejected a proposal to get their bonds redeemed ahead of their maturity for 101 percent of their value, and this should make it more difficult for shareholders to sell parts of the group to interested parties. Only creditors representing 21.6 percent of the €13 million ...
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Short stops
Deckers Brands' French subsidiary has taken over full ownership of...
Deckers Brands' French subsidiary has taken over full ownership of Hoka Europe
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News briefs
Polartec has decided to close its factory in Lawrence, Massachusetts,...
Polartec has decided to close its factory in Lawrence, Massachusetts, moving its operations to its other plants in Hudson, New Hampshire and Cleveland, Tennessee. The latter was acquired by Polartec in September from United Knitting. The Lawrence factory had been rebuilt by Malden Mills 20 years ago, after being ...
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News briefs
Newsquest has sold TGO, a consumer-oriented outdoor magazine in the...
Newsquest has sold TGO, a consumer-oriented outdoor magazine in the U.K., to Kelsey Media, which already publishes Outdoor Fitness and Triathlon. The magazine is said to have a lower circulation than the market leaders, Trail and Country Walking.
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News briefs
Lancaster University has joined forces with the Pentland Group, the...
Lancaster University has joined forces with the Pentland Group, the owner of Berghaus and many other brands and retail interests, to open the Pentland Centre for research into sustainable business. The center is meant to draw on expertise from all faculties within Lancaster University, including the Lancaster University Management School, ...
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News briefs
The shareholders of Pelican International,have sold a minority share in...
The shareholders of Pelican International,have sold a minority share in the Canadian maker of water sport equipment to Fonds de solidarité FTQ, a Montreal-based development capital fund. The investment will help the company to open a second factory in Quebec with a view to boosting its production capacity. The current ...
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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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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
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
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
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
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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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
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
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
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
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
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 ...
