All Coronavirus articles – Page 8
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OpinionOpinion: The drip feed of the new product releases of this millennium
As this decade starts to establish itself after the restricted conditions around the beginning of last year, there is a call out to Build Back Better. What this means is the re-establishment of the Outdoor Industry as Covid comes under control. However, the big change crept in while everyone was ...
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News briefs
Lenzing transfers shares in Hygiene Austria to Palmers
After weeks of confusion over allegations against Hygiene Austria , Austrian fiber producer Lenzing has now announced it will divest its shares and transfer them to partner Palmers Textil “to ensure the sound and continuing existence” of the company. Hygiene Austria, a producer of protective masks launched as ...
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ArticleGlobal bicycle stocks Q1 2021: The soaring continues
While most of the existing problems caused by the Corona crisis have yet to be resolved, the global stock market is relying on hopes — hopes for a bright post-Corona future. Instead of going into crisis mode, it is simply bypassing all the economic killers that are piling up. Supported by further stimulus packages and the open money floodgates of central banks, the stock market remains high. Our cycling stock chartists are ahead of the curve. They rely on another serious advantage: the bicycle and e-bike sales boom pushed by Corona led to excellent business figures last year. These were announced in the first quarter of this year. Some of the record results were a good impetus for the development of the share value in Q1 2021.
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ArticleLifeStraw receives B Corp certification
LifeStraw , a water filtration and purification specialist for outdoor sports and recreation, has received B Corp Certification . In conjunction with the announcement, the company released its 2020 CSR report, outlining social and environmental impact responsibility milestones for 2020 and ambitious goals for 2021. “LifeStraw has always been ...
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News briefs
REI limits adventure travel to home country
This summer, U.S.-based retail and outdoor services provider REI plans to fully focus its adventure travel efforts on the United States. The Seattle-based cooperative announced it will cancel all international travel after May 21 and issue full refunds to travelers who booked in advance. REI also said the decision ...
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ArticleFenix Outdoor unveils its 2021 goals
Fenix Outdoor International had a tough year in 2020 due to the pandemic and its store closures, with sales falling by 7.3 percent to €563.0 million. The operating margin (Ebit) contracted by 3.1 percentage points to 10.9 percent. Net profit declined by 44.6 percent to €33.9 million. But in its ...
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News briefsPolygiene introduces ViralOff spray-on protection
Source: Colors/Polygiene An Italian company called Colors has channeled Polygiene ’s ViralOff antimicrobial treatment into a consumer product line. The Regenesis ViralOff Trigger Shield line of sprays and other products works on soft and hard surfaces as well as fabrics. It meets the ...
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News briefsCotopaxi plans to become climate neutral in 2021 and use responsible materials only
Cotopaxi , the U.S.-based outdoor gear and apparel brand and charitable organization, has released its annual Impact Report with reference to the Global Reporting Initiative . The report aims to provide balanced and quantified information about the brand’s holistic corporate social responsibility performance and donations through the Cotopaxi Foundation ...
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News briefs
Olpro offers discount to U.K. nurses and teachers
British camping equipment specialist Olpro has introduced a new discount specifically for carers, teachers and charity workers in the U.K. The 10 percent discount is intended “to help some of the professionals who have worked so hard to care for others during such an incredibly difficult time.” The codes can ...
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News briefsSchöffel Foundation celebrates tenth anniversary
The Schöffel Foundation , which was established in 2011 by the late Hubert Schöffel and his son Peter and promotes social projects and nature conservation, is celebrating its tenth anniversary this year. The foundation is a true family project: Peter Schöffel , the managing partner of the German clothing ...
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ArticleGiant Group sets further sales and profit records in 2020
For fiscal 2020, Taiwan’s largest bicycle manufacturer, Giant Group , reports total sales of New Taiwan Dollars 70.01 billion (€2.08bn-$2.45bn). This is an increase of 10.3 percent compared to the previous year. Rising global demand for both traditional and e-bikes also led to record profits. At TWD 4.95 billion (€147.29m-$173.43m), ...
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ArticleMTB cycletech manufacturer Velobaze calls it quits
On March 25, partners, dealers and suppliers of Swiss MTB Cycletech producer Velobaze received the news that the manufacturer’s business operations “will be discontinued with immediate effect due to the current economic situation.” According to the Velobaze board of directors, this step had to be taken despite significant ...
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News briefsLarge increases in purchases and production of bikes in Italy
A total of 2.01 million bicycles were sold in Italy in 2020, or 17 percent more than in the previous year, according to data provided by the Associazione Nazionale Ciclo Motociclo Accessori ( ANCMA ), the Italian bike industry association. The Covid-19 pandemic contributed to the strong increase, driving the ...
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News briefsDelays in Covid-19 vaccinations could cost EU €123 billion
According to credit insurance company Euler Hermes , the delay that the European Union is experiencing in its Covid-19 vaccination campaign may cost the bloc €123 billion in lost economic activity in 2021. According to the company, the EU is currently seven weeks behind its vaccination program, compared with a ...
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ArticleEurope’s patchwork of Corona regulations
Daily changes to local Corona safety regulations for retail stores make it difficult to stay on top of things as the pandemic situation heats up again in most European countries. Here is an overview (as of March 25, subject to change and with regional variations) of the status of non-essential ...
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News briefs
ICF Canoe Freestyle World Championships 2021 postponed to next year
British Canoeing and the International Canoe Federation ( ICF ) have confirmed the postponement of the 2021 ICF Canoe Freestyle World Championships , which were scheduled to take place July 12-17, 2021, at Holme Pierrepont Country Park in Nottingham. The postponement of the event to June 28-July 2, ...
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ArticleLiv Cycling unveils second global brand campaign “Liv Committed”
Liv Cycling , the company dedicated to getting more women on bikes, has launched the second part of its global brand campaign, “ Liv Committed .” The campaign primarily celebrates the resilience shown by the cycling community over the past year. The campaign hero film was created with inspiration directly ...
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News briefs
Toray’s Makspec V antiviral textile effective in combating Covid-19
Toray Industries announced that its tests on samples of its Makspec® V fabric have confirmed the effectiveness of this antiviral textile in reducing concentrations of the SARS-CoV-2 virus. The company manufactured the washable textile from 100 percent polyester. Under the JISL 1922 antiviral test for textile products, samples ...
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ArticleRip Curl still an engine of growth for Kathmandu
Rip Curl continues to support the performance of Kathmandu Holdings . Acquired in October 2019, it allowed the Australian group to improve its revenues for the six months ended on Jan. 31, 2021, as it did before. The group’s total revenues progressed by 12.9 percent from the year-ago ...
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News briefsMTB Tourism Congress 2021 more international and digital-only
“Roots - exploring the trail ahead” - under this title, the organizer, Mountainbike Tourismusforum Deutschland , invites participants to the sixth German Mountain Bike Tourism Congress . This year, due to the Corona pandemic, it will open its doors digitally only from May 4-6. Apart from that, the organizer promises ...
