All Corporate articles – Page 90
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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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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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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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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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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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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, ...
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LaCrosse Footwear says its sales to the outdoor market declined...
LaCrosse Footwear says its sales to the outdoor market declined by 20 percent in the fourth quarter of 2011 and by 2 percent for the full year, despite the launch of a new line of hiking boots and higher sales of work boots for agriculture, mining and oil exploration. The ...
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News briefs
OCC Outdoor, the U.K. trade publication, reports that Gelert, the...
OCC Outdoor, the U.K. trade publication, reports that Gelert, the big brand of camping and outdoor goods, has been sold to Jason Granite, a businessman who recently acquired the retail chain Yeoman's. The former owner is the company's founder, Alastair Langdon, who put the company in place as early as ...
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News briefs
In the first quarter of its 2011-12 fiscal year, ended...
In the first quarter of its 2011-12 fiscal year, ended last Dec. 31, Lafuma Groupe increased its overall sales by 4.4 percent to €54.7 million, marking the highest quarterly growth in three years. Sales in France dipped by 2.2 percent to €31.4 million, while the international business grew by 14.7 ...
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News briefs
A top executive of Helly Hansen firmly denied British newspaper...
A top executive of Helly Hansen firmly denied British newspaper reports that it was in final talks for the sale of the company. Since the Norwegian ski, sailing and outdoor brand's performance started improving sharply, Helly Hansen's owner, the Altor private equity fund, has been holding discussions with several interested ...
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Roca Cordes de Muntanya, a Spanish manufacturer of climbing ropes...
Roca Cordes de Muntanya, a Spanish manufacturer of climbing ropes and harnesses, has reportedly filed for bankruptcy. An official of the company declined to confirm the present financial status, indicating that it was only the beginning of a process that may lead to its shutdown. The company's staff a declined ...
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News briefs
Regatta, along with its affiliated brands - Dare2b, Craghoppers, Regatta...
Regatta, along with its affiliated brands - Dare2b, Craghoppers, Regatta Professional and Hawkshead – is opening its new international distribution center at Ellesmere Port, near Manchester, in time for deliveries of the spring/summer 2012 collections. Its surface of 400,000 square feet is designed to cope with the Regatta Group's continuous ...
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News briefs
Maier Sports, the German sports apparel firm acquired by the...
Maier Sports, the German sports apparel firm acquired by the Findos Investor equity firm last Aug. 1, is taking over a specialty brand of running wear, Rono Innovations. Rono will reportedly continue to operate independently within the new enlarged group, which also markets Maier Sports snow apparel and outerwear as ...
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News briefs
Crocs has entered into an amended and restated credit agreement...
Crocs has entered into an amended and restated credit agreement that replaces the existing $30 million asset-backed line of credit set to expire in September 2014 with a five-year, $70 million secured revolving line of credit. Borrowings under the revolving credit facility will bear interest at variable rates, and it ...
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News briefs
The German market is reportedly becoming the biggest one for...
The German market is reportedly becoming the biggest one for Napapijri, bigger even than Italy, where this outdoor-inspired brand owned by VF Corporation started originally. Company officials have indicated that the brand should experience a sales increase of around 12 percent globally this year, taking its turnover up to more ...
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News briefs
Hestra, the Swedish glovemaker for outdoor, snow sports and other...
Hestra, the Swedish glovemaker for outdoor, snow sports and other purposes, now has its own factory in Europe. It is located in the town of Rakamaz, Hungary, and currently employs 50 people. The company says that it wants to triple the number of employees. Hestra has long contracted manufacturing to ...
