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Archive for the ‘Business news’ Category

If you live and love the ocean then you are sure to know Jack O’Neill. From the wetsuit that let us live the dream of first in and last out to the first ‘surf shop’ that gave us a spiritual home for our wave riding community, Jack’s mission was always to let us have fun and surf longer. O’Neill’s film, I Knew Jack O’Neill, pays homage to Jack the pioneer, Jack the maverick and above all Jack the surfer. See you out back Jack and thanks for being you.

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Everybody and their kid brother thinks they could go to Taiwan with a suitcase of cash and get bikes built that are every bit as good as what you find at you local bike shop. But is that true? What does it take to go overseas and start your own bike brand? We went to Taiwan to find out.

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LONDON (Reuters) – U.S. motorcycle maker Harley-Davidson is lining up a takeover bid for Italian rival Ducati, potentially bringing together two of the most famous names in motorcycling in a deal that could be worth up to 1.5 billion euros ($1.67 billion), sources told Reuters.

Indian motorcycle maker Bajaj Auto and several buyout funds are also preparing bids for Ducati, which is being put up for sale by German carmaker Volkswagen .

A deal with Harley-Davidson would   …  More

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K2 parent company Newell Brands Inc. has signed an agreement to sell its winter sports businesses, which include other brands Ride, Völkl,  Marker, Dalbello, Madshus, Line, Full Tilt, Atlas, Tubbs, BCA, to Kohlberg & Company, L.L.C., a private equity firm specializing in middle-market investing.

The sale of the winter sports division is part of Newell Brands’ ongoing strategy to accelerate growth by simplifying and strengthening its portfolio, according to   …  More

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