All Article articles – Page 4
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ArticleNewell Brands eyes sequential improvement in H2
Newell Brands confirmed that its Outdoor & Recreation business, including the brands Marmot, Coleman, Contigo and Campingaz, remains its weakest operating segment and is forecasting improving H2 trends for the unit. “The Outdoor & Rec business is the segment that requires the most amount of turnaround at this point,” ...
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ArticleTwo years of the Traceability Program: Tatonka believes in transparency
Since June 2022, the German family business has been disclosing all suppliers, manufacturing steps and transport routes of its products in detail.
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ArticleUSA: PFAS regulations pose challenges for industry brands
The rapidly evolving regulatory landscape surrounding per- and poly-fluoroalkyl substances (PFAS) presents significant challenges for industry brands. Experts from Buchalter law firm and Exponent, a science and engineering consulting firm, highlighted these issues during the US Sports and Fitness Industry Association’s (SFIA) “Navigating PFAS Regulations” webinar on July 18. According ...
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ArticleSwedish sports retail sees 2.5% decline in Q2 sales, bicycle sales on the rise
While Swedish sports retail in general has declined for the tenth consecutive quarter in Q2 of 2024, bicycle sales appear to be recovering, growing by an impressive 10% compared to the previous quarter.
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ArticleHoka and Ugg with strong performance in Q1, Deckers CEO retires
A 30 percent increase in revenue at Hoka and strong DTC sales are largely responsible for a strong first quarter at Deckers Brands.
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ArticleColumbia’s brand awareness rises in Europe despite Q2 loss
While performing better in important overseas markets than in North America, Columbia Sportswear maintains its full-year guidance despite a weak second quarter.
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ArticleFounding family takes over on occasion of Norco Bicycles’ 60th anniversary
Independent bicycle wholesaler Norco Bicycles – renamed Live to Play Sports Group Inc. in 2011 – is no longer managed by the Lewis and Zalkow families.
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ArticleRapala VMC feels market improvement but sees potential troubles ahead
Rapala VMC, despite experiencing favorable market conditions during H1, including improved retail activity, is expressing some worry about the upcoming winter season.
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ArticlePolygiene making progress on turnaround
Polygiene turned an operating profit of 2.6 million Swedish kronor (€222,800) against a loss of SEK 4.0 million (€342,700) in Q2 ended June 30, as cost-cutting measures and strategic changes made last year began to take effect. The Swedish group’s quarterly revenues rose by 43 percent to SEK 36.4 million ...
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ArticleNite Ize secures rare USPTO shape trademarks
The Colorado-based manufacturer of solution-based products has secured two rare 3D design marks from the USPTO for its stainless steel and plastic S-Biner Dual Carabiner.
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ArticleBicycle industry veteran launches virtual marketplace for OEM components
When “Mr. Koga” Pieter-Jan Rijpstra left the Dutch bicycle company Accell Group after 22 years at the turn of 2023/2024, he had a new project in mind. At the heart of his own, newly founded industry consultancy Bike Expert Interim Consultancy B.V. (BEIC) is an online platform of the same ...
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ArticleYKK achieves 56.2% reduction in greenhouse gas emissions
The Japanese company has reported a significant reduction of its greenhouse gas emissions in Scope 1, 2 and 3 emissions for FY2023.
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ArticleBetter Cotton appoints new co-chairs and members to council
The sustainability initiative Better Cotton, based in Switzerland and the UK, has announced the appointment of two new co-Chairs and five new members to its Council. The new co-Chairs are Bill Ballenden, a newly elected member and Head of Sustainability and Innovation at Louis Dreyfus Company Cotton, and Tamar Hoek, ...
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ArticleWintersteiger tests fully automated bike wash system in Vienna
At the end of last year, Austrian company Wintersteiger Sports placed one of its fully automatic bike washing systems at the University of Applied Sciences Vienna for public testing – primarily to gain experience of usage behavior in collaboration with students. The insights have been incorporated into the further development ...
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ArticleFenix Outdoor’s capital, inventory advances unable to offset market malaise
Outdoor market problems, including high retail inventory levels and impactful weather conditions, continue to impact progress at Fenix Outdoor despite the company’s liquidity and inventory level improvements. Group Executive Chairman Martin Nordin attributed the current outdoor market conditions to a consumer shift to less expensive products and possibly a post-Covid ...
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ArticleThe first trail running shoe with a recyclable sole
Source: @margauxlemap Salomon Vision Salomon has unveiled the Vision, the first partially recyclable trail running shoe. It combines Salomon’s experience in trail running with the knowledge gained from the Index running shoe series. The result is a fully functional trail running shoe with a sole unit that ...
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ArticleHelen of Troy facing distribution facility problems
Helen of Troy is under increased scrutiny regarding the progress of its restructuring plan, particularly the functionality of its recently opened distribution center in Galloway, Tennessee.
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ArticleCSG increases purchase price for The Kinetic Group to $2.15bn
CSG increased the base purchase price for acquiring The Kinetic Group business by $50 million to $2.15 billion, while Vista Outdoor reaffirms its FY25 outlook and reports preliminary Q1 results.
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ArticleBrand-neutral Sidas Academy grows, congress this fall
The Sidas Academy training and education program is growing, and the Bootfitting Congress will take place this September.
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ArticleSidi Sport signs ‘Business for People and Society’ manifesto
Sidi Sport supports the manifesto “Business for People and Society,” drawn up by the UN Global Compact Network Italy, the local network of the UN Global Compact, the world’s largest sustainability initiative for companies.
