PAI Partners, a private equity firm headquartered in Paris, has made a binding offer to acquire A.S. Adventure Group, Europe's largest specialty retailer of outdoor equipment and clothing, from Lion Capital LLP. The senior management team will contin
Author: Charlie Lunan
Vail Resorts Acquires Australia’s Largest Mountain Resort
Vail Resorts, Inc. has agreed to acquire its first international mountain resort, Perisher Ski Resort in New South Wales, Australia, for approximately $136 million…
Treksta Distributor Names Public Relations Agency
Recreation Outfitters Inc. has named What's Up PR of Denver, CO as the agency of record for the Korean outdoor footwear brand Treksta in North America…
Berghaus Names Product Manager for Extrem Gear
The UK outdoor brand Berghaus confirmed the appointment of Paul Cosgrove as product manager for Berghaus Extrem, the company's most technical and advanced range of outdoor clothing and equipment…
Mall Occupancy Rates at 27-year High
Base rents at shopping malls showed their highest annual gains since 2000 at the end of 2014 as occupancy rates reached 94.2 percent, or their highest level since 1987, according to two leading trade groups for the industry…
The TJX Companies Raises Dividend 20 Percent
Sierra Trading Post parent The TJX Companies Inc. raised the amount of its quarterly dividend by 20 percent to 21 cents a share, marking the 19th consecutive year it has…
Burley Hires Product Manager
Burley has hired former Toys R Us global product manager Brad Mina to lead product design and development for its wide range of outdoor recreational transport gear…
Nordstrom’s to Sell Aussie Activewear Brand
Nordstrom will begin stocking Lorna Jane activewear in eight of its stores in the U.S., Canada, Puerto Rico and on Nordstrom.com, marking the first time an Australian activewear brand will be available at the department store…
Montane Sponsors Top Ranked Adventure Racing Team
Montane has sponsored its first adventure racing team as part of its growing emphasis on the U.S. market…
Gildan Completes Stock Split
Gildan Activewear Inc. completed its two-for-one share split via a dividend to shareholders…
UK Bike Dealer Evans Cycles on the Auction Block
PAI Partners, the Paris-based private equity firm that acquired Europe's largest outdoor retailer in February, is considering acquiring U.K. Trek and Specialized dealer Evans Cycles from a British PE firm, The Telegraph reported…
Greenlight Planet Hires Pale Morning
Greenlight Planet, a Chicago company that has provided millions of people with no access to electricity solar lanterns, is entering the outdoor market with the support of public relations partner, Pale Morning Media…
REI Kicks Off National Park Service Centennial Campaign
REI announced its support of the 100th anniversary of the National Park Service in 2016 through a multi-year, multi-million dollar partnership with the National Park Foundation. REI joined corporate sponsors American Express, Budweiser, Suburu, Humana and
Net Shoes Raises $45MM in Fresh Capital for Latin American Expansion
IFC, a member of the World Bank Group, and Riverwood Capital, a risk capital fund specialized in technology, announced a $45 million equity investment in Netshoes to help promote the growth of the online retail sector in Latin America…
Tifosi Names Benelux Distributor
Tifosi Optics USA appointed Kruitbosch (Zwolle, Netherlands) as the new and exclusive supplier of Tifosi sports eyewear for Belgium, Netherlands and Luxembourg, effective immediately…
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