All Article articles – Page 5
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ArticleLionRock forms joint venture to grow Haglöfs in Greater China
To establish and expand the Haglöfs brand in the Greater China region, LionRock Capital founded a joint venture with the wholly owned subsidiary Affluent Team Global Limited of Viva Goods Company Limited in June 2024. LionRock, based in Hong Kong, acquired Haglöfs from Asics in December 2023. The new joint ...
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ArticleEOG, BSI to launch updated outdoor industry sustainability data tool
The European Outdoor Group (EOG) and the Bundesverband der Deutschen Sportartikel-Industrie (BSI) have announced details of an update to an initiative that aims to standardize and harmonize product sustainability data across the outdoor sector. The Sustainability Data Exchange Questionnaire version 2.0 (SDEX 2.0) will be launched during a free webinar ...
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ArticleDevold Transparency Map: Voluntary report in line with CSRD
Norwegian brand Devold has voluntarily committed to reporting on the 2024 financial year as part of the Corporate Sustainability Reporting Directive (CSRD). The focus is on the impact of the company’s supply chain.
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ArticleMips sales bounce back to double-digit growth
In the second quarter of 2024, Mips AB generated net sales of 133 million Swedish kroner (€11.54m). According to the company, the sales growth of 30.4 percent compared to Q2 2023 can primarily be attributed to a normalizing inventory situation in the sports category.
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ArticleVista Outdoor ammo sale facing headwind, and support
Before Vista Outdoor’s shareholders vote on the sale of The Kinetic Group ammunition business to CSG on July 23, two investors have come out strongly against the deal, while another proxy advisory firm is now recommending the purchase after initial opposition.
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ArticleThule Group operating income rises 3% in Q2
Thule Group AB, despite a promotional North American market and lower RV products across Europe and Rest of World, reported a 3 percent gain in operating income to 732 million Swedish kroner (€63.3m) for the quarter ended June 30. Net income increased by 3.7 percent to SEK 559 million (€48.4m) ...
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ArticleStudy shows several PFAS are absorbed into human skin
A new study from researchers at the University of Birmingham has shown that 17 commonly used PFAS (perfluoroalkyl substances), also referred to as “forever chemicals,” can readily be absorbed through human skin. The study, “Dermal bioavailability of perfluoroalkyl substances using in vitro 3D human skin equivalent models,” was published in ...
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ArticleOrtlieb intensifies collaboration with Wilderness International
Source: Ortlieb Ortlieb x Wilderness International Ortlieb Sportartikel GmbH has been supporting the Wilderness International (WI) foundation for several years to permanently preserve ecologically valuable and acutely threatened wilderness areas. Since its foundation in 2008, WI has been able to legally acquire 11.5 million square meters of ...
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ArticleBicycle Industry Stock Chart Q2 2024: Glass half full or half empty?
While the wars against Ukraine and in the Middle East appear to have already been priced in by the global stock markets, the clear shift to the right in the European elections in early June and the poor performance of US President Biden in the first TV debate against Donald Trump put the markets under pressure. As a result, there was no clear picture of the bicycle market – or the global stock market across all sectors.
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ArticleIntersport celebrates 40 years of private label McKinley
Founded in 1984 and named after North America’s highest peak, McKinley has become the flagship private label brand of Intersport. This year, Intersport proudly celebrates four decades of McKinley.
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ArticleArc’teryx releases design platform for Indigenous people
Arc’teryx has launched Walk Gently, a new design platform for Indigenous voices, collaborating with xʷməθkʷəy̓əm (Musqueam) artist and designer Cole Sparrow-Crawford.
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ArticleVista’s Board of Directors reaffirms committment to sale of The Kinetic Group to CSG
Vista Outdoor’s Board of Directors has issued an open letter to its shareholders recommending once again the sale of The Kinetic Group, Vista’s ammo segment, to the Czech company CSG.
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ArticleTenth speaker confirmed for tenth European Outdoor Summit
The organizers of the upcoming European Outdoor Summit (EOS 2024) have released new details of speakers appearing at the event. EOS will celebrate its tenth anniversary this year. It will deliver a program exploring key issues for the sector, with contributions from both within the trade and the wider business ...
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ArticleWNDR Alpine launches all-season outdoor gear made with 100% biobased materials
Salt Lake City-based WNDR Alpine makes outdoor gear and apparel with materials derived from microalgae oil. The brand is refining and expanding its hard and soft goods in celebration of its fifth anniversary this July.
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ArticleNalgene and Reverb continue to reduce trash at US music festivals
Nalgene Outdoor is launching its tenth year of the #RockNRefill campaign, which was launched in 2013 with US non-profit organization Reverb to reduce single-use plastic at live music events.
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ArticleOutdoor slowdown impacts Helen of Troy results
Helen of Troy experienced a 520-basis point decline in Q1 adjusted operating margin for its Home & Outdoor segment to 10.6 percent from 15.8 percent for the period ended May 31.
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ArticleProtect Our Winters hires its first COO
The Colorado-based climate advocacy organization Protect Our Winters (POW) announced that it has hired its very first Chief Operating Officer.
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ArticleDidriksons unveils pilot project to reduce carbon footprint
Swedish brand Didriksons has unveiled a new pilot project demonstrating the importance of understanding the entire value chain and finding partners with the same ambition to reduce environmental impact.
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ArticleCSG raises purchase price for The Kinetic Group to $2.1bn
Continuing the back-and-forth over the partial or complete sale of its business segments, Vista Outdoor has announced that it has entered into an amendment to the merger agreement with Czechoslovak Group a.s. (CSG) that increases the purchase price payable by CSG for the acquisition of The Kinetic Group business by ...
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ArticleRukka to outfit Finnish team at Paris Olympics
Discover the journey behind the Finnish Olympic team’s new look, crafted by Rukka, a brand under Luhta Sportswear. From the inspiration of “light and shadow” to sustainable design practices, this collection is set to make a statement at the Paris Games.
