All Corporate articles

  • Snowleader

    Snowleader raises €15 million


    Thomas Roualt, founder and CEO, has announced on his LinkedIn page that Snowleader has raised €15 million in a fourth round of financing in 15 years (the company turned 15 years old last year). According to Fusacq and others, half of the funds stem from equity capital and half from ...

  • Kent_Outdoors__Logo

    ​New CFO for Kent Outdoors, secures $100m credit facility, plans sale of bike business


    US group Kent Outdoors, which comprises 15 outdoor and action sports brands, including HO/Hyperlite, Connelly, Liquid Force, Onyx, Aquaglide, Barefoot/Fatsac and Bote, has appointed Rob Otto to the company’s leadership team as Chief Financial Officer. Otto joined Kent after successfully completing the sale of RW Designs, a wholesale and direct ...

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    Corporate social responsibility - could this be a way to reduce staff fluctuation?


    There has been a culture change towards employment in my lifetime: no longer are workers expecting jobs for life. The change has already happened but is sparking something greater with those affected. My graduating students realize they need work skills and know that a period of attachment with a brand ...

  • Hövding logo

    Court lifts Swedish sales ban after Hövding’s bankruptcy - but there's a catch


    It’s hard to understand what has been happening in Sweden for several months on Hövding’s back. The company, which had developed and sold a very popular airbag collar for cyclists, had to file for bankruptcy shortly before Christmas because the Swedish Consumer Protection Agency had banned the sale of the ...

  • Stromer Sweet Spot
    News briefs

    Swiss Stromer and US bike fintech offer e-bike leasing in the US


    Stromer, the Swiss e-bike technology pioneer, has partnered with Colorado-based The Sweet Spot, a bicycle fintech company, to offer long-term e-bike leasing and management in the US. This new leasing option makes Stromer’s premium Class 3 commuter e-bikes accessible to even more riders, supporting the brand’s mission to shape the ...

  • renewcell-og-image
    News briefs

    Multiple purchase bids to save Renewcell


    The Renewcell bankruptcy trustee has confirmed that “multiple bids” have been made for the business and assets of Swedish textile recycler Re:NewCell AB (Renewcell). The deadline for receiving purchase offers was March 28. These offers will now undergo a review process, with final closing expected in mid-April. The Board ...

  • Managing Director Polartec Eric Yung

    Polartec’s Eric Yung: Leading the charge in outdoor apparel innovation and sustainability


    In this exclusive article, Polartec’s Eric Yung shares his journey within the company, his principles as a leader and his thoughts on the current strength and growth opportunities within the sporting and outdoor goods industries.

  • Samsonite Logo

    Samsonite aims for dual listing


    Samsonite International S.A., the parent company of Gregory, High Sierra and a number of travel luggage brands, announced that the company’s Board of Directors has authorized management to seek a listing of the company’s shares on a second leading stock exchange in addition to the Hong Kong Stock Exchange. The ...


    Big trouble looming between Youngone and Scott


    Source: Scott Sports Beat Zaugg Shortly before the Easter weekend, the Board of Directors of Scott Sports – with the full support of majority shareholder Youngone Corporation – issued a press release announcing the dismissal of long-serving CEO Beat Zaugg with immediate effect. Youngone presented the financial ...

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    Yamaha to start European e-bike drivetrain production in France


    On March 26, Yamaha Motor Europe N.V. (YME) and Yamaha Motor Manufacturing Europe S.A.S (YMME) celebrated the inauguration of a completely new production line for e-bike drivetrains at their French plant in Saint Quentin. The facility in Saint Quentin is the production site of the former two-wheeler and engine manufacturer ...

  • Beyond begins today Polartec campaign visual

    At Polartec, the future began a long time ago


    With the new ”Beyond Begins Today” campaign, Polartec is placing the global future issue of sustainability at the center of all its activities.

  • Canada Goose
    News briefs

    ​Canada Goose to reduce workforce


    Canada Goose will cut approximately 17 percent of its staff, or 900 jobs, as part of its ongoing transformation program aimed at reducing costs while achieving the company’s strategic goals. As part of the reorganization, Carrie Baker, currently President of Brand and Commercial, will assume responsibility for Design, while Beth ...


    Vista Outdoor’s transformation is moving forward


    Vista Outdoor announced that the US Securities and Exchange Commission (SEC) has declared effective the registration statement on Form S-4 filed by its subsidiary Revelyst, Inc. in connection with the proposed acquisition by Czechoslovak Group a.s. (CSG) of Vista’s The Kinetic Group business. The announcement is a key achievement in ...

  • Juha Latvala Sasta

    CEO Juha Latvala: Sasta needs to “make more noise”


    Finnish brand Sasta is taking outdoor and hunting apparel to the global market.

  • McTrek Logo
    News briefs

    German outdoor retailer McTrek files for insolvency again


    German retailer McTrek (most recently with 17 stores in Germany) filed for insolvency at the Hanau District Court on March 11. This is the second insolvency in just four years for the outdoor specialist, which has been operating for over 20 years. Following the first insolvency in 2020, the company, ...

  • spinnova-Logo

    Spinnova reports disappointing FY, announces new strategy and job cuts


    Finnish sustainable fiber production specialist Spinnova, listed on Nasdaq First North Growth Market Finland, has closed its financial year 2023 with high losses and declining sales and has therefore announced a new strategic direction and a resulting reduction in staff. In 2023, Spinnova generated revenue of €10.6 million, which was ...

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    News briefs

    Infinited Fiber closes new funding round


    Infinited Fiber Company, the Finnish textile recycler currently in a restructuring phase, has completed a two-part development funding round totaling €40 million. The round included investments from both existing and new investors, the latter including Inditex, TTY Management, Youngone and Goldwin. The first part of the development financing round, which ...

  • spinnova-Logo
    News briefs

    Spinnova and Suzano sign agreement for new production facility


    Finnish biomaterials company Spinnova and Suzano have signed a Letter of Intent (LOI) regarding plans for a new production facility for wood-based Spinnova fiber. The LOI is a non-binding agreement that includes certain criteria as requirements for moving into the pre-engineering phase of the new facility. It also includes preliminary ...

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    Georgina Kirby: "At Kari Traa we resonate with women"


    Discover how Kari Traa’s General Manager navigates gender equality, community-building and the empowerment of women.

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    News briefs

    Gerber Gear celebrates its 85th anniversary


    Gerber Gear commemorates 85 legendary years of American-made craftsmanship and innovation in Portland, Oregon. As a local advertising agency founder and owner, Joe Gerber wanted to design a carving knife he could gift to his clients. This one-off gift became a highly sought-after knife, and from those humble beginnings, Gerber ...