All Pieps articles – Page 2

  • News briefs

    Black Diamond partners with POW and FWT

    14 October 2020

    Black Diamond Equipment announced a new partnership with Protect out Winters (POW). While it commenced with POW’s “Outdoor State” campaign in the U.S. in an effort to encourage people to vote, it is an annual partnership that will focus on climate advocacy. Additionally, Black Diamond and Pieps renewed its partnership ...

  • News briefs

    Clarus raises $11.5m from three top investors to bolster financial strength

    26 September 2020

    Utah-based Clarus Corporation, parent company of Black Diamond, Pieps, Sierra Bullets and Skinourishment, entered into an agreement with three of its top 10 investors - Brown Advisory, Greenhouse Funds and TT Investimentos - to sell 900,000 registered shares of the company to support future growth. The sale will be priced ...

  • Clarus Kopie
    Article

    ​Clarus expects Black Diamond and Sierra to grow

    10 September 2020

    In a presentation at this year’s virtual edition of the Gateway Conference in San Francisco, an annual invite-only conference that brings together the most compelling companies with the nation’s top investors and analysts, Clarus called the Covid-19 pandemic a “potential blessing” for its Black Diamond and Sierra brands, as new ...

  • Clarus Kopie
    Article

    Sluggish sales for Black Diamond

    11 August 2020

    A weak performance from Black Diamond, Clarus Corp’s biggest brand, pushed the group’s sales for the second quarter down by 36 percent to $30.0 million. The parent company of BD, Pieps and Sierra Bullets saw its net loss widen to $2.7 million, from $0.7 million for the same three months ...

  • Clarus Kopie
    Article

    Store closures end Black Diamond’s strong growth

    12 May 2020

    Store closures due to the pandemic pushed Clarus Corp.’s sales for the first quarter down by 12 percent to $53.6 million. The parent company of Black Diamond, Pieps and Sierra Bullets saw its net income tumble to $36,000, compared with $3.8 million for the three months ended on March 31, ...

  • Clarus Kopie
    Article

    Clarus buys a case maker, after making further progress

    12 March 2020

    Clarus Corporation, the parent company of Black Diamond, Sierra Bullets and SKINourishment, continues to make acqusitions in adjacent sectors. It has announced the takeover of SKB Corporation, a leading U.S. producer of protective cases. The purchase price of around $96 million will consist of $85 million in cash and 1,153,846 ...