[International News] Black Diamond brand sales continue to not rule out the possibility of selling its three brands at once

Peter Metcalfe, CEO of Black Diamond (NYSE: BDE), recently shared with investors that the company is continuing its collaboration with financial advisors Rothschild and Robert W. Baird to explore a wide range of strategic options. This includes the potential sale of Black Diamond’s equipment division, as well as the Pieps brand, while the POC brand could be considered for a separate sale. On Monday, March 16, Black Diamond first announced its plan to sell the company. The initial proposal involved bundling the Black Diamond and Pieps brands together, while POC was considered as a separate entity. “Many investors have expressed strong interest in our individual brand sale strategies,” Metcalfe said on May 11. “We anticipate announcing the results of our strategic review process during the third quarter of 2015.” He also emphasized that there is no assurance that the process will lead to any actual sales. In its first-quarter 2015 financial report, the company reported base sales of $50.3 million, excluding the recently sold Gregory brand. This represents a 13% year-over-year increase. The growth was driven across all product categories, from Black Diamond apparel to POC cycling products. Looking ahead, the company has maintained its previous forecast, expecting annual sales to reach $208 million, reflecting an approximate 8% increase compared to the previous year, after excluding the Gregory brand. For more updates and insights on outdoor gear and trends, follow us on: App download: [Link] Or scan the QR code above Sina Weibo: @装备COOL http://weibo.com/lvyoumallofficial?sudaref=zhuangbeiku.com WeChat public platform: Search for "zhuangbeiku" Get the latest and most practical gear tips directly in your inbox!

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