All Corporate articles – Page 85
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News briefs
Filson Holdings, an American producer of outdoor apparel and accessories...
Filson Holdings, an American producer of outdoor apparel and accessories whose origins date back to 1897, has been sold to Bedrock Manufacturing Company by its previous owner, Brentwood Associations. Financial details were not released. Under Brentwood's team of senior management, including Mark Korros as chief executive, the Filson brand was ...
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News briefs
The International Cotton Advisory Council predicts that cotton prices will...
The International Cotton Advisory Council predicts that cotton prices will stay low because of high inventories for the next year. The council says that cotton stocks should rise by 43 percent to 13.3 million tons in the year that ends July 31, and should grow by another 9 percent to ...
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News briefs
After five days of clashes between factory workers and the...
After five days of clashes between factory workers and the police, Bangladesh has decided to shut down 300 garment factories in the town of Ashulia. Some half a million workers are employed there, representing 60 percent of the people working in the country's textile industry. Apparel makes up 80 percent ...
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News briefs
Outdoor Sports Valley, the association that federates outdoor sports companies...
Outdoor Sports Valley, the association that federates outdoor sports companies and organizations operating in France, has selected the three companies that will receive its support and that of local authorities this year. The group's selection committee reviewed seven applicants for this year's three slots. They chose Alps Bivouac, an organizer ...
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News briefs
Finansavisen, a Norwegian newspaper, reports that inventories have been piling...
Finansavisen, a Norwegian newspaper, reports that inventories have been piling up at Bergans, due to the outdoor brand's relatively weak growth in its own market last year. As reported in our previous issue, Bergans' turnover jumped by more than 8 percent to nearly 700 million Norwegian kroner (€92.9m-$116.0m) last year, ...
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News briefs
The French and British outdoor trade organizations have decided to...
The French and British outdoor trade organizations have decided to cooperate in various fields of common interests. The Outdoor Sports Valley of France and the British Outdoor Industries Association have signed a memorandum for a closer partnership. The alliance of OSV and OIA includes aspects such as sharing of services ...
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News briefs
High Sierra Sport Company, an American supplier of innovative bags...
High Sierra Sport Company, an American supplier of innovative bags and adventure travel luggage, is moving to a bigger head office in Gurnee, Illinois. The building is certified for leadership in energy and environmental design. It is located next to a highway and to two popular tourist destinations.
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News briefs
The number of Italians who have obtained a rock climbing...
The number of Italians who have obtained a rock climbing certificate grew to 13,000 last year, but some 200,000 others practice climbing as amateurs, says Fasi, the Italian sports climbing federation, adding that these numbers are expected to increase this year by 20 and 10 percent, respectively. More than 200 ...
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News briefs
Peak Performance generated some growth in the three months ended...
Peak Performance generated some growth in the three months ended March 31, which corresponded to the third quarter in IC Companys' financial year, but without matching the double-digit increases recorded by Tiger of Sweden, Soaked in Luxury and Marlen Birger. Jackpot and Cottonfield suffered setbacks. Across the group's 11 brands, ...
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News briefs
Rectifying some recent press reports, the management of Regatta Group...
Rectifying some recent press reports, the management of Regatta Group indicates that the total number of its warehouse employees in the U.K. should grow from 165 to 220 as part of a reorganization of its logistics that will see each of its three brands – Regatta, Dare2b and Craghoppers – ...
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News briefs
Bushnell Outdoor Products is buying Primos Hunting, based in Flora,...
Bushnell Outdoor Products is buying Primos Hunting, based in Flora, Mississippi, for an undisclosed amount. The acquisition should be completed by mid-May. Primos was founded in 1976 as a supplier of game calls, and has expanded to include other hunting tools such as blinds, scent eliminators, games scents, trail cameras, ...
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News briefs
Compass Diversified Holdings, which bought Camelbak last year, has exercised...
Compass Diversified Holdings, which bought Camelbak last year, has exercised an option under a credit agreement to obtain an additional loan of $30 million through TD Securities. At the same time, it has lowered interest charges payable on its credit facility, which has been raised to $255 million, by negotiating ...
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News briefs
Tech Rock, a Spanish company specialized in climbing products, which...
Tech Rock, a Spanish company specialized in climbing products, which already owns Fixe, Faders and Alien Cams, has announced the acquisition at an undisclosed price of Roca Cordes de Muntanya, a brand of ropes and climbing equipment that went out of business at the end of last year. Tech Rock ...
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News briefs
Didriksons, the Swedish company specializing in rainwear and outdoor garments,...
Didriksons, the Swedish company specializing in rainwear and outdoor garments, lifted its sales by about 50 percent last year as it pushed ahead with its strategy to offer activewear for the entire family. Sportfack, the Swedish sporting goods magazine, reports that Didriksons' turnover jumped to about 464 million Swedish kronor ...
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News briefs
Chiruca suffered a 12.2 percent decline in its sales to...
Chiruca suffered a 12.2 percent decline in its sales to €12.5 million in 2011, according to CMD, as lower consumption levels in Spain combined with adverse weather conditions to drag them down from the record level of €14.2 million reached in 2010. On the other hand, sales outside Spain grew ...
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News briefs
A 40 percent drop in sales of outdoor gear, due...
A 40 percent drop in sales of outdoor gear, due to a 66 percent decline in sales of military tents, did not prevent Johnson Outdoors from posting a 2 percent increase in sales to $80.2 million for the first quarter of its financial year, which ended on Dec. 31, but ...
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News briefs
Crocs has announced that it has been exploring licensing agreements...
Crocs has announced that it has been exploring licensing agreements as a means to expand beyond footwear. The company said that more than 200 million pairs of Crocs had been sold in over 90 countries, and it was time to capitalize on the strength of the brand with other products. ...
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News briefs
Albany International, the owner of the Primaloft brand, has announced...
Albany International, the owner of the Primaloft brand, has announced a strong increase in sales of this specialty brand of insulation products. In its fourth quarter, Primaloft's sales soared by 47.1 percent to $5.22 million, and its operating profit went up to $2.23 million – six times or so higher ...
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Short stops
Fachgruppe Outdoor, the specialty committee within BSI, the German association...
Fachgruppe Outdoor, the specialty committee within BSI, the German association of sporting goods manufacturers, welcomes two new members, Merrell and Ortovox, increasing the number of members to 34
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News briefs
Helly Hansen, the Norwegian outdoor and sailing brand, continues to...
Helly Hansen, the Norwegian outdoor and sailing brand, continues to enjoy the benefits of the strategic overhaul it launched four years ago, with a sales increase of 17 percent to just under 1.6 billion Norwegian kroner (€209.1m-$275.1m) last year. Its comparable Ebitda, excluding the survival unit divested early last year, ...
