All Corporate articles – Page 82
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News briefs
Black Diamond Equipment has announced the completion of its sale...
Black Diamond Equipment has announced the completion of its sale of Gregory Mountain Products to Samsonite for $84.1 million. The company has used $26.7 million out of the net proceeds of $68.4 million to pay off its credit facility. It took about six months to complete the negotiations after the ...
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News briefs
Horny Toad will unveil its new brand name “Toad&Co” at...
Horny Toad will unveil its new brand name “Toad&Co” at the upcoming Outdoor Retailer Summer Market, which will take place in Salt Lake City, Utah, on Aug- 6-9. The announcement will be followed by a fully integrated omni-channel consumer launch in February 2015. The 18-year-old outdoor lifestyle apparel brand, headquartered ...
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News briefs
LaCrosse Footwear has acquired White's Boots, another American company that...
LaCrosse Footwear has acquired White's Boots, another American company that makes custom-made boots for logging and other commercial applications at its own factory in Spokane, Washington. The new owner will keep the factory and the president of White's, Gary March. LaCrosse, which also owns the U.S.-made Danner brand, was taken ...
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News briefs
The Schawbel Corporation, the parent of Thermacell Heated Insoles, has...
The Schawbel Corporation, the parent of Thermacell Heated Insoles, has announced the formation of a new business entity, Schawbel Technologies, following the sale of the Thermacell Mosquito Repellent business to Kinderhook Industries, a private equity firm based in New York. Schawbel Technologies includes the product development and research areas of ...
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Short stops
Kodiak is relocating its manufacturing operations to a site...
Kodiak is relocating its manufacturing operations to a site in Cambridge, Ontario, and says it remains committed to making shoes in Canada
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News briefs
On June 30, Bernd Kullmann, the long-time chief of Deuter,...
On June 30, Bernd Kullmann, the long-time chief of Deuter, the German backpack and sleeping bag company, had three reasons to celebrate: his 60th birthday a few weeks earlier, 30 years of service for the brand before retiring on the day that marked the end of Deuter's financial year. Staff ...
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News briefs
Jarden Corporation has set the pricing for a €300 million...
Jarden Corporation has set the pricing for a €300 million bond offering that it is placing with qualified institutional investors and buyers outside the U.S. The notes will pay a semi-annual interest of 3.75 percent and mature on Oct. 1, 2021. They will be guaranteed by some of Jarden's U.S. ...
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News briefs
ISA TanTec, a German-owned tannery supplying top footwear brands globally,...
ISA TanTec, a German-owned tannery supplying top footwear brands globally, is setting up its first leather manufacturing facility in the U.S. The site will be located in Vicksburg, Mississippi and the project will be known as Mississippi TanTec Leather. ISA TanTec currently has operations in Saigon, Vietnam and Heshan City, ...
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News briefs
Carlyle, the private equity fund, has divested its remaining 7.13...
Carlyle, the private equity fund, has divested its remaining 7.13 percent interest in Moncler for €215 million, selling more than 17.8 million shares at a unit price of €12.04, 0.5 percent higher than the closing price of the previous day, but then Moncler's share price has fallen by 23 percent ...
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News briefs
Patagonia has expanded its partnership with 7thonline to cover its...
Patagonia has expanded its partnership with 7thonline to cover its e-commerce and physical retail operations, in addition to wholesale planning and forecasting. The goal is to gain complete visibility into global demand across all retail channels and geographic regions in order to develop better product ranges and greater inventory productivity ...
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News briefs
The Nasdaq stock exchange has notified Black Diamond that it...
The Nasdaq stock exchange has notified Black Diamond that it has the time until the next shareholders' meeting, scheduled for June 5, 2015, to appoint one more independent director to its board, or else it will risk losing its listing. The company said on April 30 that it was only ...
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News briefs
Compass Diversified Holdings, the parent company of Camelbak and other...
Compass Diversified Holdings, the parent company of Camelbak and other brands, has arranged new financing to replace its previous revolving credit and term loan. A new five-year revolving credit facility for up to $400 million carries interest based on a margin of between 2.0 and 2.75 percent over the current ...
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Short stops
Now that it has pulled out completely from Sport Eybl...
Now that it has pulled out completely from Sport Eybl & Sports Experts, which has been sold to Sports Direct International as extensively reported in SGI Europe, the Eybl family is now considering launching at wholesale Seven Summits, its private brand of outdoor and ski products, which it still owns
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News briefs
Jack Wolfskin has decided to extend the use of Microsoft...
Jack Wolfskin has decided to extend the use of Microsoft Dynamics AX software from enterprise resource planning (ERP) to retailing, merchandising and customs clearance. The solution replaces a smaller Microsoft system, Navision. Microsoft has already developed a “virtualized warehouse project” for Jack Wolfskin to accelerate shipments and provide continuous availability ...
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News briefs
Thule Group has hired London-based Rothschild to help spin off...
Thule Group has hired London-based Rothschild to help spin off its two-bar business, which is worth $122 million a year, as it continues to refocus on the sports and outdoor sector. The Swedish group closed the sale of its entire trailer business to Accent Equity 2012, a Swedish investment fund, ...
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News briefs
GoPro has filed the paperwork for a $100 million public...
GoPro has filed the paperwork for a $100 million public offering on Nasdaq, providing some interesting figures and indicating that it plans to turn into a social media giant based on the huge video contents generated by more than 8.5 million customers around the world. The leading American supplier of ...
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News briefs
Miguel Ferreira, a Portuguese-born sales agent who has been representing...
Miguel Ferreira, a Portuguese-born sales agent who has been representing several brands on the German market through his company, Lomayon, has launched a small collection of outdoor and travel clothing under his own brand, Vivaesto. The garments are manufactured in Portugal and South Korea.
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News briefs
Quabaug, the American company that makes soles for Vibram, has...
Quabaug, the American company that makes soles for Vibram, has announced a joint investment of $1.2 million with Vibram in product research and development. The goal is to develop new types of soles in response to a new directive from the U.S. Department of Defense that requires all new military ...
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Short stops
Columbia Sportswear has received anti-trust approval from the U.S. Federal...
Columbia Sportswear has received anti-trust approval from the U.S. Federal Trade Commission for its $190 million acquisition of Prana
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News briefs
Confirming a report in OCC, a well-informed source tells us...
Confirming a report in OCC, a well-informed source tells us that Lowe Alpine will get out of the apparel sector again, starting with the spring/summer 2015, to focus again on backpacks and accessories. Equip Outdoor Technologies, the British company that bought the brand from Asolo in October 2012, had restated ...
