All Corporate articles – Page 80
-
News briefs
After its acquisition of Costa, the American producer of sports...
After its acquisition of Costa, the American producer of sports sunglasses, Essilor International, the world's largest supplier of ophthalmic lenses, has announced the takeover of Suntech Optics of Canada. Through a subsidiary called Bugaboos, the latter sells Ryders Eyewear, a line of performance sunglasses for mountain bike enthusiasts (more on ...
-
News briefs
Widening its base of debt investors to Central Europe, Amer...
Widening its base of debt investors to Central Europe, Amer Sports has signed a “Schuldschein” worth a total of around €70 million. For Amer, this typically German certificate of indebtedness is made up of a bundle of loans in euros and U.S. dollars with a maturity of five years that ...
-
News briefs
Amer Sports has extended the number of employees benefitting from...
Amer Sports has extended the number of employees benefitting from its Performance Share Plan from about 80 to 200 for the 2013-15 period. The amount of net rewards to be paid on the basis of the plan has been raised from a maximum total of 1.2 million shares to 1.4 ...
-
News briefs
The Lafuma Group has announced that Calida Holding has carried...
The Lafuma Group has announced that Calida Holding has carried out its planned acquisition of 2.5 million new shares in the company at a price of €14 per share, for a total investment of €35 million. It thus holds now 50.65 percent of Lafuma's equity and voting shares. Felix Sulzberger, ...
-
News briefs
Vibram has revised its operations around two separate business units:...
Vibram has revised its operations around two separate business units: finished goods and components. Both are serviced by the same marketing and administrative group. The finished goods division includes Vibram's FiveFingers range of toe-separation footwear. Along with the announcement of the new business model, the company said that next year ...
-
News briefs
L Capital Asia Investment, a private equity fund sponsored by...
L Capital Asia Investment, a private equity fund sponsored by LVMH, has agreed to acquire a 40 percent stake in 2XU, an Australian brand of compression garments for triathletes, cyclists and runners, for 75 million Australian dollars (€49.0m-$66.9m). The acquisition will cut the combined shareholdings of the eight-year-old company's founders ...
-
News briefs
The U.K. subsidiary of the Dutch-based Zwanenberg Food Group has...
The U.K. subsidiary of the Dutch-based Zwanenberg Food Group has acquired a majority stake in Malton Foods, a British meat producer that markets Wayfarer outdoor foods among other products. Malton, which previously traded under the name of Westlers Foods, has been suffering financial losses over the past few years. It ...
-
News briefs
Orvis is selling its Ross Reels subsidiary to the Mayfly...
Orvis is selling its Ross Reels subsidiary to the Mayfly Group, an American producer of premium fly-fishing reels and accessories. Orvis bought Ross Reels last June from 3M in connection with the takeover of Scientific Anglers, a manufacturer of fly-fishing lines that fits better into its own product range. Mayfly ...
-
News briefs
Sympatex Technologies has set up a subsidiary in Seoul for...
Sympatex Technologies has set up a subsidiary in Seoul for the Korean market, in an apparent recognition of its importance in the outdoor sector. It plans to expand the presence of its brand name in the country through a big sales campaign orchestrated with one of its clients, Trespass, on ...
-
News briefs
JD Sports Fashion, which already operates 81 Blacks and 76...
JD Sports Fashion, which already operates 81 Blacks and 76 Millets outdoor stores in the U.K., is acquiring a controlling stake in Tiso Group, the largest outdoor retailer in Scotland, from the Tiso family, which will continue to be involved with a minority stake. Chris Tiso will remain as chief ...
-
News briefs
Ploucquet, an affiliate of Sympatex Holding in Germany, will move...
Ploucquet, an affiliate of Sympatex Holding in Germany, will move all activities to its production site in Zittau. In addition to the existing “Tection” division, which covers technical textiles and applications, all the activities of the “Textiles” business area, which also includes fashion textiles, will also be operated in Zittau, ...
-
News briefs
Amer also reports that a total of 19,109 shares granted...
Amer also reports that a total of 19,109 shares granted as share-based incentives were returned to Amer Sports on Nov. 7 in accordance with the terms of an incentive plan as the employment of their holders came to an end. Amer holds now a total of 982,587 shares of its ...
-
News briefs
Osprey Europe has adopted the iVendix B2B e-commerce platform of...
Osprey Europe has adopted the iVendix B2B e-commerce platform of CenterStone Technologies. CenterStone's B2B e-commerce platform allows customer to check out Osprey's products online and order them at any time, seven-days-a-week. They can check stock availability for orders or reorders and monitor the status of orders already placed. CenterStone's multi-language ...
-
News briefs
Amer Sports has issued a bond worth 750 million Swedish...
Amer Sports has issued a bond worth 750 million Swedish kronor (€85.4m-$115.4m) to institutional investors, with a floating rate and a loan period of five years. It will use the bond for the repayment of loans and general corporate purposes. Nordea Markets acted as the sole book-runner for the bond, ...
-
News briefs
Sport Partner reports that Snowworld, the company behind two indoor...
Sport Partner reports that Snowworld, the company behind two indoor skiing centers in Zoetermeer and Landgraaf, at the south-eastern tip of the Netherlands, is preparing for a stock market flotation to raise €7.5 million for further expansion. All going well, Snowworld should be listed on Euronext in Amsterdam by the ...
-
News briefs
Equip Outdoor Technologies, the British company that owns Rab and...
Equip Outdoor Technologies, the British company that owns Rab and Lowe Alpine, has reached an agreement to sell the Podsacs brand to Planet X, the U.K. bike maker and retailer based in Sheffield. Equip, which is based in Derbyshire, acquired the Podsacs brand in 2007 from Pete O'Donovan, a climber ...
-
News briefs
Beyond Clothing, an American supplier of technical clothing for outdoor...
Beyond Clothing, an American supplier of technical clothing for outdoor activities and professional use, has expanded its staff and its manufacturing facilities under the management of Rick Elder. It has appointed Peter Reichel as creative director and Jill Green as outside production director. Reichel has worked for Nike, while Green ...
-
News briefs
A Dutch chain of textile shops, Zeeman (=The Sailor), has...
A Dutch chain of textile shops, Zeeman (=The Sailor), has reportedly acquired a majority interest in Vrijbuiter through an investment fund, Navitas Capital. Vrijbuiter operates four outdoor megastores in the Dutch cities of Roden, Gouda, Zaandam and Roermond. It also operates what it claims to be Europe's largest online store ...
-
News briefs
New England Footwear, parent company of GoLite, plans to take...
New England Footwear, parent company of GoLite, plans to take some manufacturing back to the U.S. for some of its technical outdoor shoes. Doug Clark, who took over the brand from Timberland in 2008, is reportedly looking for funding to set up a $5 million factory in New Hampshire that ...
-
News briefs
Johnson Outdoors has restored quarterly dividends for the first time...
Johnson Outdoors has restored quarterly dividends for the first time since 2008. It had suspended them only one year after going public. The resumption of dividend payments comes after major restructuring efforts which have led the company to reach an operating margin of 5.2 percent for the financial year ...
