All Article articles – Page 7
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ArticleEllen MacArthur Foundation calls for stricter EPR policies for the textile industry
The Ellen MacArthur Foundation’s report “Pushing the Boundaries of EPR Policy for Textiles” highlights the urgent need for robust extended producer responsibility (EPR) policies to reduce the textile industry’s environmental impact. The report outlines several key objectives, strategies, benefits and challenges associated with implementing effective EPR policies. The main objective ...
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ArticleAmbercycle and Hyosung collab to push forward circular textile ecosystem
Sustainable textile solutions provider Hyosung TNC announced a collaboration with Ambercycle, an innovator of textile-to-textile material made from circular polyester, to become the first manufacturer in South Korea to introduce a textile-to-textile material made from circular polyester into supply chains. The collaboration promotes the partners’ shared vision of a circular ...
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ArticlePierer Mobility reports strong Q2, announces realignment of the bicycle division
Pierer Mobility AG released its financial results for the second quarter of 2024, highlighting continued growth across key financial metrics. The company also announced a significant strategic realignment of its bicycle division, reflecting its commitment to streamlining operations and enhancing profitability in the competitive e-mobility market Key financial highlights of ...
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ArticleMore than a trade show: Pitti premieres BECYCLE before start of the Tour de France
On the occasion of the historic start of the Tour de France in Florence, Italy, Pitti Immagine, an organizer of international cultural and trend events, is launching a new event focusing on the cycling industry, culture and lifestyle. BECYCLE, which will take place from June 26-28 at the historic Leopolda ...
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ArticleHighBar Systems completely rethinks bike helmet retention system
Source: HighBar System The first helmets with the new HighBar system have already been worn by Canyon riders in various races. This summer, the German company will launch the first bicycle helmets with the HighBar system on the world market. For several years, a group of well-known ...
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ArticleSurprise drop in FY23 sales at Rotor
Rotor, the Spanish producer of bicycle components, had projected record sales for the full year 2023 but has ended up posting a 20 percent decline in revenues to €17.5 million, according to CMDsport. The company is now projecting a reversal of the reversal for the current year, hoping to achieve ...
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ArticlePulp producer Suzano acquires stake in Lenzing
B&C Group and Suzano S.A. have entered into a long-term partnership regarding B&C’s majority shareholding in Lenzing AG, the world’s leading supplier of cellulose fibers for the textile and nonwovens industry, which is listed on the Vienna Stock Exchange. The B&C Group consists of the holding companies of the Austrian ...
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ArticleVista rejects MNC offer, receives new indication of interest in ammo business
The sale and spin-off plans at Vista Outdoor remain in a state of suspense. The group announced that its Board of Directors, after consultation with its financial and legal advisors, has rejected MNC Capital’s unsolicited expression of interest dated June 6, 2024, in which MNC expressed an interest in acquiring ...
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ArticleUS-based outdoor adventure company appoints Mike Hattrup as Director of Skiing
Source: Eleven Mike Hattrup Eleven, a US-based provider of off-the-grid lodging and exclusive guided outdoor adventures, announced that it has named Mike Hattrup as its new Director of Skiing. This move puts a proven industry veteran in charge of developing and promoting the company’s network of ski ...
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ArticleA growing market for cycling apparel
Technavio, the consultancy and market-research firm, is forecasting a compound annual growth rate (CAGR) of 8.02 percent, to a value of $1.81 billion, in the worldwide market for cycling apparel over the next four years, from now to 2028. The firm is defining cycling apparel as “shoes, pants, jerseys, shorts, ...
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ArticleOutDoor by ISPO 2024 – what’s next?
In this recap/opinion piece on OutDoor by ISPO, OIC editor-in-chief Wolfgang Greiner tries to get to the bottom of the question of how the future of trade shows could look and whether everything is as bad as often portrayed.
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ArticleBianchi opens new factory, new CEO since start of the year
Source: Bianchi The new Bianchi headquarter in Treviglio was officially inaugurated on June 4, 2024 Italian bicycle manufacturer Bianchi officially opened a new factory on June 4. The factory is located in the same building in Via delle Battaglie in Treviglio, where Bianchi has had its headquarters ...
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ArticleSchöffel relaunches the brand
German company Schöffel has announced a comprehensive brand relaunch, while retaining the well-known claim “Ich bin dann mal raus” (I’ll be out and about). Source: Schöffel Stefan Merkt, Managing Director Schöffel “Our brand is renewing itself without sacrificing its roots, thereby increasing its relevance in a constantly ...
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ArticleAltor buys the remaining assets of bankrupt Renewcell
The private equity company Altor Equity Partners has acquired the bankruptcy assets of the textile recycling company Renewcell for an undisclosed sum. As part of the acquisition, Altor is creating the new company Circulose, a name already closely associated with Renewcell. The Swedish textile recycling company was founded in 2012 ...
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ArticleSalomon opens fourth Paris store
Source: Salomon New Mountain Sports Lifestyle Store on the famous Champs-Elysées Salomon has opened the doors to a new 295-sqm flagship store in Paris on Champs-Élysées. This is the first Mountain Sports Lifestyle Store on the famous shopping street. It features footwear, apparel and gear for running, ...
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ArticleNew Global President for TNF
Source: VF Corp. Caroline Brown Less than a week after announcing the appointment of a new leader for the Vans brand (our sister publication SGI Europe reported), VF Corp. has appointed Caroline Brown as Global Brand President of The North Face (TNF), effective June 10, 2024. Brown ...
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ArticleUSWE with 49% organic growth in Q4, annual sales surpassing SEK 100m
The organic net sales of USWE Sports AB, the Swedish parent company of USWE, Void Cycling and Giant Loop, increased by 49 percent in Q4 (January to March) compared to the same period last year. According to the company, this growth was primarily driven by increased sales to wholesalers and ...
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ArticleEOCA: Conservation fundraiser returns to OutDoor by ISPO
The European Outdoor Conservation Association (EOCA) is gearing up to present its work and successes at OutDoor by ISPO in Munich (June 3-5). The association is looking to raise further money for its vital conservation work through a fundraiser on its stand, alongside its involvement in several meetings and presentations ...
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ArticleVista rejects offer from MNC, decides to partially sell to CSG
Vista Outdoor announced that the Board has again rejected an unsolicited offer from Montréal-based MNC Capital dated March 25, 2024, in which MNC expressed an interest in acquiring Vista Outdoor in an all-cash transaction for $37.50 per Vista share. Michael Callahan, Chairman of the Board, commented that the Board determined ...
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ArticleCarbios to open first PET biorecycling plant in France in 2026
Carbios, a pioneer in the development and industrialization of biological technologies to redesign the life cycle of plastics and textiles, and Hündgen Entsorgungs GmbH & Co. KG, a German waste management expert in logistics, sorting services and recycling of recyclables from mixed waste, announced the signing of a non-binding Memorandum ...
