NORWAY: Altor coy on Helly Hansen sale plans
Private-equity firm Altor has remained coy on reports that it plans to put outdoor clothing brand Helly Hansen up for sale this week.
Altor confirmed to just-style in December that it would be seeking more than NOK2bn for the brand. Swedish daily DN also reported in December that potential suitors could include big private-equity firms like Blackstone or the Carlyle Group.
Altor sold Helly Hansen Pro, a subsidiary focusing on survival suits, boat canopies and textile-based products for agriculture, industry and health sectors, to Montagu Private Equity in December 2010.
An Altor spokesperson declined to comment on the "rumours".
Help test our new apparel sourcing tool.
Featured reports from just-style's research store this week include a look at global technical textiles, a report on the clothing and footwear market in Russia, and a company profile on Foot Locker....
French apparel group PPR has named Marie-Claire Daveu as chief sustainability officer and head of international institutional affairs. ...
PPR/Redcats-owned home shopping specialist La Redoute has lost its appeal against a conviction for selling a swimsuit copied from Marseille-based designer label Pain et Sucre....
French footwear designer Christian Louboutin's distinctive red soles have been given trademark protection, a US appeals court ruled yesterday (6 September). ...
Michael McCormick, executive vice president of global sales and marketing at outdoor apparel and footwear firm Columbia Sportswear, has resigned for personal reasons....
Hampshire Group has appointed Robert Stec as president of Hampshire Brands, where he will oversee the US apparel company's licensed men's wear brands including Panama Jack and Dockers, as well as its ...
A US court is set to decide later this month whether to go ahead with a lawsuit involving Columbia Sportswear and Innovative Sports over technology used to produce heated clothing....
- Outlook 2017 – What next for apparel sourcing?
- Outlook 2017 – What else is the industry watching?
- Outlook 2017 – Strategies for sourcing success
- Is China about to burst its apparel trade bubble?
- Outlook 2017 – Challenges and opportunities
- M&S quality focus finally lifts clothing sales
- MAS Holdings planning second industrial park
- Sri Lanka on track to regain EU GSP+ benefits
- 22 dos and dont's – When sourcing goes wrong
- Aéropostale to reopen 500 stores across the US
- Global apparel markets: product developments and innovations, October 2016
- Outdoor performance apparel 2016: A broader perspective
- Global market review of lingerie – forecasts to 2022
- Anti-odour clothing: fresh fashion for an active lifestyle
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar