All Corporate articles – Page 84
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Sympatex Holding has completed the sale of bonds worth €13...
Sympatex Holding has completed the sale of bonds worth €13 million, with a coupon of 8 percent and maturing in five years' time. They are trading on the Open Market of the Deutsche Börse. The management says that 30 percent of the proceeds will be invested in product development and ...
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Two American paddlesports company, Wenonah Canoe Inc. and C4 Waterman, announced...
Two American paddlesports company, Wenonah Canoe Inc. and C4 Waterman, announced their merger at the Outdoor Retailer Winter Market in Salt Make City on Wednesday. Wenonah's international distribution network will take care of C4's products.
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Nano-Tex has been acquired by Crypton Fabrics from private equity...
Nano-Tex has been acquired by Crypton Fabrics from private equity and venture capital investors. Sellers included WL Ross and Co. LLC, Norwest Venture Partners, Masters Capital Nanotechnology Fund, Firelake Capital Management and Masters Capital Management. Nano-Tex employs a proprietary nanotechnology approach to enhance textiles that provides permanent performance attributes such ...
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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, ...
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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 ...
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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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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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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
Sympatex Holding has completed the sale of bonds worth €13...
Sympatex Holding has completed the sale of bonds worth €13 million, with a coupon of 8 percent and maturing in five years' time. They are trading on the Open Market of the Deutsche Börse. The management says that 30 percent of the proceeds will be invested in product development and ...
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News briefs
POW of Seattle has acquired Holden Outerwear, another American company...
POW of Seattle has acquired Holden Outerwear, another American company that was founded by a professional snowboarder, Mike LeBlanc, and a designer, Scott Zergebel, to bring street fashion to a mountain environment. POW is the parent company of POW Gloves and Spacecraft Collective, a brand that stands for very artistic ...
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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 ...
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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 ...
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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 ...
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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, ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
