All Article articles
View all stories of the same content type.
-
Article
Solo Brands reports Q4 loss on impairment charge
A goodwill charge of $249 million related to its Solo Stove, Oru and Isle businesses negatively impacted Solo Brands’ Q4 results. The operating loss was $240.8 million against an operating profit of $26.8 million for the three months ended Dec. 31. The Q4 net loss was $210.9 million against a ...
-
Article
Sympatex unveils new sustainability initiatives and collaborations
Sympatex is poised to make a significant impact at the upcoming Performance Days event. One of the standout features of Sympatex’s presence at the event will undoubtedly be its collaboration with E.dye, a renowned leader in sustainable textile dyeing solutions. At its apparel booth in Munich, Sympatex will unveil three ...
-
Article
BlackYak supports ‘Icefall Doctors’ in the Himalayas
South Korean outdoor brand BlackYak has announced a collaboration with the Sagarmatha Pollution Control Committee (SPCC) and the Nepal Mountaineering Association (NMA). The partnership aims to address critical environmental issues exacerbated by global warming and mountaineering activities in the region. The signing ceremony took place on March 2 in Namche, ...
-
Article
Spinnova reports disappointing FY, announces new strategy and job cuts
Finnish sustainable fiber production specialist Spinnova, listed on Nasdaq First North Growth Market Finland, has closed its financial year 2023 with high losses and declining sales and has therefore announced a new strategic direction and a resulting reduction in staff. In 2023, Spinnova generated revenue of €10.6 million, which was ...
-
Article
Polartec aims to make a difference with ‘Beyond Begins Today’
Since inventing the first fleece made from recycled plastic water bottles in 1993, Polartec, a Milliken & Company brand, has upheld its steadfast promise to protect the environment and is doing everything to make the goal of “zero waste” a reality – from using 100 percent recycled and plant-based materials ...
-
Article
ZIV: German bicycle industry defies consumer climate
The German Bicycle Industry Association (ZIV - Die Fahrradindustrie) presented its market data for 2023. Contrary to expectations and the generally negative consumer climate, both bicycle production and bicycle sales once again reached a very high level in 2023 – comparable to the Covid-related bicycle boom year of 2020. Overall, ...
-
Article
Buff revises revenues for FY 2022-23
Buff, as Palco23 reported back in September, reported consolidated revenues of €48.2 million for its full year 2023, which ended last April. Buff has since revised the figure to €47.8 million, as the same source reported in February. Either way, there was a decline from the €49.6 million of FY ...
-
Article
Ethicamper: New 'fair' online store for outdoor enthusiasts and campers
Elisa Fuchs and Patrick Lenzbauer from Graz, Austria, have launched a sustainable, German-language online store for outdoor enthusiasts, called Ethicamper. Environmentally friendly materials, produced as locally as possible and in a resource-saving manner: “Ethicamper offers a carefully selected range of products and solutions for a better future,” ...
-
Article
Manitobah launches “Rooted” brand campaign
Canada-based Indigenous footwear brand Manitobah introduced Rooted, a global brand campaign showcasing seasonal artist Mikailah Thompson and affirming its commitment to elevating Indigenous artistry. Rooted in Thompson’s vision, the campaign emboldens all to dream of the infinite possibilities that lie ahead, rooted in the past, while guided by the hope ...
-
Article
REI to offer non-gendered own-brand products to promote inclusivity in the Outdoors
US retail chain REI Co-op announced the launch of its new spring line of gear and apparel, which also includes the brand’s first non-gendered apparel assortment for adults. Additionally, REI shared plans for its in-house brand to move beyond a gender-specific designation where it makes sense. As part of this ...
-
Article
EFTA and India sign trade and economic partnership agreement
On March 10, the European Free Trade Association (EFTA) countries – Iceland, Liechtenstein, Norway and Switzerland – and India signed a Trade and Economic Partnership Agreement (TEPA). The landmark agreement between India and EFTA will bring significant economic benefits, such as better integrated and more resilient supply chains, new opportunities ...
-
Article
Swedish researchers develop completely recycled viscose
Viscose textiles are typically made of biomass from the forest and fully recycled viscose is not available. Researchers at Lund University in Sweden claim they have now developed a technique to produce new viscose from worn-out cotton sheets. In Sweden, old textiles are usually burned to produce district heating. Extensive ...
-
Article
Slimmed down Clarus focused on outdoor, adventure
Having completed the divestiture of its former Precision Sport business on Feb. 29, Clarus Corp., the parent of Black Diamond, Rhino-Rack, Maxtrax and Tred Outdoors, says it has taken important steps to realign its brands and inventory levels and position its business for “long-term profitable growth as a pure-play, ...
-
Article
Coats sees rebound in footwear, albeit destocking lags behind apparel sector
Coats expects modest revenue growth in 2024 as its markets started to recover in the second half of last year, helping it to deliver higher 2023 profits. The British group, which makes threads and components for the footwear and clothing industries, said destocking of inventories by footwear customers had lagged ...
-
Article
Snow Peak’s lofty FY24 goals will be chased as private company
Snow Peak, the upscale Japanese camping business, which went public a decade ago, will reportedly go private through a management-led buyout with Bain Capital as a partner in a deal valued at approximately ¥50 billion (€310m). The pending transaction was first reported several weeks ago by multiple outlets, including Mergermarket ...
-
Article
PrimaLoft drops two new high-performance down alternatives
PrimaLoft, Inc. has expanded its range of synthetic down alternatives. PrimaLoft Insulation ThermoPlume+ and PrimaLoft Insulation RISE Loose Fill are the latest products that, according to PrimaLoft, combine the performance and aesthetics of natural down with the benefits of PrimaLoft synthetic fibers, all in a sustainable chassis case. Brands such ...
-
Article
Cascale releases updated version of Higg BRM
Cascale (formerly the Sustainable Apparel Coalition, SAC) has launched the latest version of the Higg Brand and Retail Module (BRM), part of the Higg Index suite of tools. This update reflects Cascale’s commitment to refining the Higg Index to meet the needs of members, users, and the industry. Higg BRM ...
-
Article
France’s proposal against fast fashion
The administration of French President Emmanuel Macron, founder of the Renaissance party, will support a law proposed by an opposition party to penalize fast fashion. The text in question is no. 2268, “aiming to render fast-fashion out of fashion, thanks to a system of incentives and penalties.” Its proponent is ...
-
Article
Klean Kanteen acquired by Think Better Group
Klean Kanteen, a family- and employee-owned company known for reusable stainless steel beverage and food containers, has been acquired by the Think Better Group in partnership with the ABN AMRO Sustainable Impact Fund. Klean Kanteen, the original clean reusable water bottle, was founded over 20 years ago in the foothills ...
-
Article
Rapala VMC eyes operating profit return in FY24
After a challenging FY23, where sales fell by double-digits in all its key geographic markets, Rapala VMC intends to return a full-year comparable operating profit this year, helped by retail inventory levels that are finally returning to normal levels. Other factors projected to bolster results for the Finnish outdoor group ...