All Article articles – Page 12
-
ArticleStill no turn for the better for Taiwanese bicycle manufacturers
After Taiwan’s leading bicycle manufacturer Giant Manufacturing already reported a double-digit drop in sales for the first quarter of 2024, the country’s number two, Merida Industry Co. is now following suit with its Q1 results: Compared to the first three months of the previous year, Merida’s consolidated sales in Q1 ...
-
ArticleeBay publishes Recommerce Report 2024 on first ‘Recommerce Day’
On May 21, eBay celebrated its first Recommerce Day with the release of its Recommerce Report 2024. Now in its fourth year, the report has traditionally explored the insights and motivations of eBay sellers and buyers when shopping for used items. This year, the company explored the importance of reselling ...
-
ArticleVF share plummets 11.7% after poor Q4 results, but beats full-year cash flow forecast
VF Corp. failed to exceed consensus estimates for quarterly sales and profit for a fourth consecutive quarter. The latest bad news for the parent of The North Face (TNF), Vans, Timberland and Dickies, among others, sent VF’s shares down 11.7 percent in after-market trading on May 22. The stock has ...
-
ArticleAmer Sports’ Q1 revenue growth driven by Arc’teryx
Bolstered by constant-currency growth of 48 percent for its Technical Apparel segment, including the Arc’teryx business, Amer Sports delivered Q1 sales and profitability above guidance in Q1. Operating profit fell by 16 percent to $109.0 million from $130.4 million in the period ended March 31. Ebit tumbled by 67 percent ...
-
ArticleFrom interim to permanent: WFSGI Board elects Zwiebler as CEO
Source: WFSGI WFSGI CEO Emma Zwiebler The World Federation of the Sporting Goods Industry (WFSGI) announced that Emma (Mason) Zwiebler has been appointed permanent WFSGI Chief Executive Officer from May 1, 2024. The decision was taken at a recent WFSGI Board Meeting in London after Zwiebler’s successful ...
-
ArticlePatagonia: Free repairs at European climbing and bouldering spots
This spring, the Worn Wear Repair Team will be heading to climbing and bouldering spots in Europe as part of the Patagonia Worn Wear Climb Tour 2024. Source: Patagonia Patagonia Worn Wear’s custom-built repair vehicle The two custom-built repair vehicles, designed in-house to reach even the most ...
-
ArticleDTC drives Canada Goose
Canada Goose, which recently hired its first creative director to reshape its product portfolio and elevate its creative aesthetic, reported a 31 percent improvement in Q4 operating income to C$7.6 million (€5.1m) against a C$10.0 million loss in the year-ago period. Net income attributable to shareholders was C$5.0 million. Gross ...
-
ArticleJoin us at OutDoor by ISPO 2024
Join us at OutDoor by ISPO. Stop at our booth for a chat and listen to our consumer trends panel talk.
-
ArticleStrava uses AI for next chapter of accelerated product development
Strava unveiled its latest initiatives and product developments at its annual event, Camp Strava, in Los Angeles on May 16. Under the theme “Progress, Together”, the company announced how its global community will be able to use Strava in the future. “Strava is gaining momentum to realize our vision of ...
-
ArticleCanada Goose welcomes its first creative director
Canada Goose has appointed designer Haider Ackermann as the company’s first Creative Director. He is considered a luminary in the fashion industry and is celebrated worldwide for his talent in defining modern design. The Colombian-born French designer will be based in Paris and will work alongside Chairman and CEO Dani ...
-
ArticleArc’teryx unveils first Alpha Store, ‘challenging retail status quo’
Canadian outdoor brand Arc’teryx, founded in 1989, has unveiled its new Alpha store format in Toronto. The company said the US debut will follow later this summer at 580 Broadway in Manhattan. Other future openings have not yet been announced. “Arc’teryx is looking to challenge the retail status quo and ...
-
ArticleNew US Outdoor Alliance report: Expanding outdoor recreation while fighting climate change
Expanding access to outdoor recreation while combating climate change and preserving biodiversity are some of the key climate benefits of natural solutions. This is according to a new policy report released today by the Outdoor Alliance (OA), a US non-profit organization that protects public lands and waters on behalf of ...
-
ArticleeBay introduces new resell feature
Source: eBay eBay has announced its new “Resell on eBay” feature, which allows users to offer their clothing on eBay with a few clicks of the mouse. The new feature has been developed as part of eBay’s commitment to make it easier for brands and buyers to ...
-
ArticleBankrupt Renewcell sells pilot plant to manufacturer of non-oil absorption materials
Six weeks after Renewcell’s liquidator, Lars-Henrik Andersson, announced that several bids had been made for the business and assets of Swedish textile recycler Re:NewCell AB, Biosorbe, a Swedish company that produces a bio-based product for absorbing spilled oil, announced on Tuesday that it has acquired the bankrupt textile recycler’s pilot ...
-
ArticleLeatt Q1 sales continue to decline, but inventories normalize
After a sales boom during the pandemic years, the shares of the South African manufacturer of protective equipment for motorized and non-motorized off-road two-wheelers Leatt Corporation (traded OTC in the US), like many others, have experienced a “down-to-earth” development in the post-Covid period. This continued in the first quarter of ...
-
ArticleOutdoor industry collaborates to fund renewable energy project in Taiwan
The European Outdoor Group (EOG) has announced details of the first project funded by its Impact Accelerator Fund (IAF) initiative. Focusing on increasing access to renewable energy in Taiwan, the project is being led by an organization called Act Renewable and has the potential to benefit many outdoor brands. Launched ...
-
ArticleThe Lycra Company and Qore get support from Dairen Chemical
The Lycra Company announced the signing of a letter of intent with Dairen Chemical Corporation (DCC) to convert Qira – a brand of BDO (1,4-butanediol) – into environmentally friendly PTMEG, the main ingredient in its patented bio-derived fiber Lycra. Dairen will be the first company in the world to produce ...
-
ArticleVista Outdoor weighs buyout offer, reports Q4 results
The board of Vista Outdoor continues to recommend the sale of its The Kinetic Group to Czech group CSG, which would pay shareholders $12.90 a share in cash and one share in its Revelyst spin-off. However, the company will conduct a special meeting on June 14 to consider another buyout ...
-
ArticleIsbjörn has the highest second-hand value among kids’ brand
In a new independent study by Tradera.com, Sweden’s largest online marketplace for the circular economy, Swedish premium and sustainable outdoor children’s clothing brand Isbjörn has the highest second-hand value on the circular market. Tradera looked at the number of online searches, items sold, average prices and sales ...
-
ArticleEU’s new directive for the right to repair
On April 23, after about two years of negotiation, the EU adopted a directive establishing common rules for the right to repair. Member states must be compliant with the directive within 24 months of its entry into force. The rules relate to the New Consumer Agenda and the Circular Economy ...
