
U.S. private equity firm Blackstone's buyout of German outdoor brand Jack Wolfskin is backed by a 500 million euro ($725.4 million) loan, bankers said on Wednesday.
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U.S. private equity firm Blackstone's buyout of German outdoor brand Jack Wolfskin is backed by a 500 million euro ($725.4 million) loan, bankers said on Wednesday.
Private equity firm Blackstone is in exclusive talks to buy Jack Wolfskin as the German outdoor brand seeks to improve its popularity outside its home country.
VF Corp, owner of clothing brands such as The North Face and Wrangler jeans, said it would buy shoemaker Timberland Co for $2 billion to boost its outdoor gear business.
The North Face has just appointed Duncan Bembridge as new sales director of shoes and equipment in the EMEA (Europe, Middle-East and Africa) region.
Clothing maker and store chain operator VF Corp's profit rose on large sales gains abroad and at its The North Face outdoor clothing chain, and the company raised its 2011 profit and sales forecast.
In Autumn 2011, the Columbia Sportswear and Sorel brands (from the Columbia Sportswear Company group) are going to extend their shopping websites to Canada and also to eight European countries including England. The g...
The private equity owners of German outdoor apparel and equipment maker Jack Wolfskin dropped their sale of the brand after failing to attract a high enough offer.
The sale of German outdoor apparel and equipment maker Jack Wolfskin, initially slated for the end this month, has been put on hold, two people familiar with the process told Reuters.
Eric Wiseman, CEO of VF Corporation, has announced the company’s goal to increase its revenue by 5 billion dollars by 2015. International development is at the core of the growth strategy.
Final bids on the sale of German outdoor apparel and equipment maker Jack Wolfskin are due in the next couple of days and a deal could close as early as April, three sources familiar with the process told Reuters.