All Article articles – Page 19
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ArticleKMD Brands’ FY results marred by poorer consumer sentiment in Q4
Strong sales growth from all three of KMD Brands’ brands – Rip Curl, Kathmandu and Oboz – was offset by weaker results in the year’s final period ended July 31. Annual Ebitda rose 11.2 percent to 200.1 New Zealand dollars (€117.1m), but net profit was essentially flat at NZ$36.6 million ...
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ArticleR Raymon and Pierer New Mobility part ways
Source: R Raymon Susanne and Felix Puello The first rumors of a separation surfaced when the R Raymon bicycle brand, founded by German bicycle industrialist couple Susanne and Felix Puello, was not featured at this year’s Pierer New Mobility booth at Eurobike in Frankfurt. Now Pierer New ...
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ArticleCycling industry veteran joins POC as new CEO
Source: POC Derek Bouchard-Hall, new CEO at POC POC, the Swedish manufacturer of helmets, eyewear, protective equipment and apparel founded in 2005, has appointed Derek Bouchard-Hall as its new CEO, effective immediately. He succeeds Jonas Sjögren, who served as POC’s CEO since early 2017, and will be ...
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ArticleOIA seconds the UK government's new physical activity initiative
The British Outdoor Industries Association (OIA) said it is very pleased to see the publication of the UK Government’s policy paper, “Get Active: a strategy for the future of sport and physical activity” launched last week. The UK Government announced it will join forces with former sports stars, health professionals ...
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ArticlePrimaLoft introduces new durable synthetic insulation
PrimaLoft, Inc. has introduced its latest innovation, PrimaLoft Utility. PrimaLoft Utility represents a new design approach and sets “new benchmarks in durability within the realm of synthetic insulation while also providing unparalleled ease of use and care.” According to PrimaLoft, Utility was designed to redefine the standards for durability and ...
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ArticleREI Co-op Studios to release new co-produced films this fall
REI Co-op Studios, the in-house content division of US outdoor retailer REI, has announced the release and expanded distribution of several feature films, shorts and podcasts. The projects include “Canary,” a documentary about climate that will be released in the US on Sept. 15; “Frybread Face & ...
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ArticleUTMB launches new sustainability roadmap, “UTMB for the Planet”
UTMB Group has launched “UTMB for the Planet,” a new action plan focusing on regenerating our planet and UTMB communities. The project builds on the actions in place at the Dacia UTMB Mont-Blanc since 2003. UTMB for the Planet will guide all the sustainability actions of UTMB Group and will ...
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ArticleRotor taking a hit in revenues
Rotor, the Spanish manufacturer of bicycle components, had the best year in its history in 2022, when revenues fell just shy of €22 million, improving by 30 percent on the previous year, but things have since slowed. The first half of 2023 produced a 25 percent drop in sales, and ...
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ArticleZero Waste Europe calls for legal framework banning the destruction of unsold fashion items
Source: ZWE Zero Waste Europe, a network of European NGOs working toward a zero-waste future, has published a new paper that asks for a legal framework banning the destruction of unsold fashion goods. The paper, titled “A Zero Waste Vision for Fashion -Chapter 1: All We Need ...
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ArticleVF Corp collaborates with winner of Redress Design Award 2023
VF Corp and the Hong Kong-based environmental NGO Redress have announced the winner of the Redress Design Award 2023. The award is the world’s largest sustainable fashion design competition and aims to provide a platform for emerging fashion designers to advance the circular economy in the fashion industry. ...
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ArticleThe final program of EOS 2023 in Berlin
The European Outdoor Summit (EOS) is held annually for around 300 delegates to learn more about and discuss the issues that we, as an industry, collectively face. The topics are always related to industry needs and focus on current and future economic, technical and social trends, to develop a theme ...
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ArticlePerformance Days 2023: Still asking the big questions around fabrics
Charles Ross gives us a sneak peek into the next edition of Performance Days, Performance Forum and how both reflect the industry’s biggest issues.
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ArticleTrade show organizer Raccoon Media acquired by investment company
Cuil Bay Capital, a new U.K.-based investment firm led by exhibition entrepreneur Doug Emslie, has announced its first investment with the acquisition of a majority stake in U.K.-based Raccoon Media Group. Raccoon was founded in 2016 and achieved great success with the launch of the National Running Show. Since then, ...
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ArticleVW’s financial service takes a stake in Pon’s bike leasing subsidiary
On Sept. 4, the Volkswagen Group announced in a side sentence at a press conference (much of which was about cars and less about bikes) at the IAA Mobility press day in Munich that it planned to enter the bike leasing business. Pon Holdings B.V., a company familiar with the ...
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ArticleVista Outdoor announces public filing to spin off its outdoor product brands
Vista Outdoor Inc., the parent company of 41 sports and outdoor brands, filed a public registration statement on Form 10 with the Securities and Exchange Commission (SEC) on Sept. 5, 2023, in connection with its previously announced plan to separate its Outdoor Products and Sporting Products segments into two independent, ...
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ArticleKSR Group files for court-supervised restructuring proceedings
Austrian two-wheeler wholesaler and importer KSR Group announced on Sept. 6 that it will file for court-ordered restructuring proceedings. Due to increased energy prices, high inflation and the loss of customers’ purchasing power, the economic situation has changed drastically over the past year in the markets served by the family-owned ...
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ArticleMips acquires 25% in US sensor tech firm
Swedish helmet safety specialist Mips AB has entered into an agreement to acquire 25 percent of Dallas, Texas-based sensor technology company Quintessential Design, Inc (Quin Design) for $7.3 million. Quin is an ingredient brand for event detection technology and has been providing specialized sensor fusion and software for helmet brands ...
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ArticlePierer reports strong H1 sales and revenue, PTWs offset bicycle sales
Pierer Mobility AG achieved record sales of EUR 1.39 million in the first six months of the year (+20.2 percent compared to the first half of the prior year). This result is mainly due to the excellent development of the PTW (Power Two-Wheelers = motorcycles and e-bikes) business. Group-wide, around ...
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ArticleVon Dewitz chosen as CEO of “Female Allstar Board”
Source: Vaude Antje von Dewitz presents the certificate on the election as CEO of the Female Allstar Board For the third time, German business magazine Handelsblatt and the consulting firm Bain & Company chose outstanding female players in business for the Female Allstar Board. The initiative aims ...
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ArticleNew Swedish Wool Standard paves way for sustainable textile industry
Half of the wool produced in Sweden ends up in waste, while Swedish brands in fashion, outdoor and home textiles are actively seeking sustainable textile materials. In response, The Swedish Wool Initiative is introducing the first Swedish classification system for wool. The new Swedish Wool Standard simplifies the sale and ...
