All Corporate articles

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    Lowa reports top sales figures for 2021


    Source: Lowa Alexander Nicolai, CEO Lowa The German mountain, outdoor and everyday footwear manufacturer Lowa has ended 2021 with peak figures for both the number of pairs of shoes sold and revenue, thanks to the ongoing outdoor boom. Sales climbed from 2.49 million pairs in 2020 to ...

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    Thule Group with new product categories, updates financial targets


    At its capital markets day, the Swedish Thule Group has presented plans to enter the two new product categories in 2023: car seats – to be launched in Europe first, expanding worldwide in a second step – and dog transport products, starting with a dog cage. The company was also ...

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    USWE Sports delays quarterly report due to Covid-related inventory postponement


    Sweden-based USWE Sports AB, listed on the Stockholm-based Nasdaq First North Growth Market since last June, has delayed the release of its Q4 21/22 report (January to March 2022). Previously, the company had announced a May 12 publication date, postponed by the company at short notice, without providing an alternative ...

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    Big Agnes opens new European headquarters


    Colorado-based outdoor equipment brand Big Agnes has opened its new European headquarters in Amsterdam, from which it will directly serve its core European markets, including the Benelux countries, Scandinavia, the U.K. and France. By the end of next year, five employees will be working there in customer and dealer service, ...

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    Vitrolab finishes Series A funding, receives investment from Leonardo DiCaprio


    Actor and climate activist Leonardo DiCaprio has invested capital in VitroLabs Inc., a California-based design company founded and run by Icelandic fashion designer Ingvar Helgason. The company has just closed a Series A funding round, getting Agronomics, Bestseller’s Invest FWD, Kering, Khosla Ventures, New Agrarian and Regeneration.VC on board, besides ...

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    Hubaco Group brands Terra Nova, Wild Country and Extremities become employee owned


    The founders of the British Hubaco group, Andy Utting and Carolyn Budding, have transferred their ownership to an employee ownership trust that will run the brands Terra Nova Equipment, Terra Nova Expeditions, Field Candy, Wild Country, Extremities and sister company Ltd in the future. Sylwester Wacht was appointed as ...

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    Nexus Outdoors launches new fishing apparel line


    Michigan-based Nexus Outdoors, the owner of the ScentLok and Blocker Outdoors brands, has expanded into the fishing category with a new apparel line called Whitewater. The new brand is designed to allow anglers to focus on fighting fish, not the weather conditions, thanks to specific materials, technologies, and tailoring, Nexus ...

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    Vittoria Group builds bike park and innovation center in Italy


    Italian bicycle tire giant Vittoria Group has begun construction of what it describes as “the world’s first all-discipline cycling experience, innovation center and knowledge hub for bicycle tire development.” Vittoria Park will be built around the company’s headquarters near Milan. It will also house an impressive testing area open to ...

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    ​Felt presents new logo and new bikes


    After the Austrian Pierer Mobility Group bought Felt Bicycles from the Rossignol Group in November 2021 and integrated it into its Pierer E-Bikes GmbH division, which was founded in 2019 and already includes the Husqvarna E-Bicycles, GasGas Bicycles and R Raymon brands, the Californian bike label is now presenting a ...

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    Cycle for Survival surpasses $300 million in donations


    Cycle for Survival, a U.S.-based movement to fight rare cancers, has made history by raising more than $300 million in total donations through its signature stationary bike events. Since 2007, more than 1 million participants worldwide, including patients, caregivers, survivors, clinicians, researchers, staff and trustees, have participated in events to ...

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    Higg technology platform raises $50 million in Series B funding


    Sustainability platform Higg has announced details of its $50 million Series B funding round. The funding is co-led by technology growth investor Silversmith Capital Partners and Tom Steyer and Katie Hall’s Galvanize Climate Solutions, with participation from Series A partners Titan Grove and Buckhill Capital. With nearly 50,000 brand and ...

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    Foehn expands into mountain biking and running


    Canadian outdoor brand Foehn, best known for its climbing apparel, has announced the launch of its SS22 collection, marking its debut in the running and mountain biking apparel categories. The collection comprises versatile pieces for men and women, including multi-use bottoms, tops, and outerwear. The company said that the items ...

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    Jack Wolfskin reset strategy unveiled


    The Jack Wolfskin brand will see a renewed focus on its outdoor roots, with a tagline of “We Live to Discover,” according to details unveiled during parent Callaway’s investor day on April 26. New Wolfskin brand ambassadors will come from the researcher, advocate and documentarian world. A “DACH double down” ...

  • KinetiXx Handschuh Action
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    Kinetixx doubles sales and plans to launch cycling gloves


    German glove brand Kinetixx, part of the Metzingen-based W+R Pro GmbH, has reported to have doubled its sales in the past winter season. In November 2021, former Odlo sales manager Matthias Faller took over responsibility for the DACH market and the label’s international business as head of the Kinetixx Sports ...

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    New Kettler Alu-Rad e-bike factory to start production soon


    After less than two years of construction, German bicycle manufacturer Kettler Alu-Rad GmbH announced the imminent start of production at the “probably most modern production facility for e-bikes in Europe.” The factory is located in the German state of Saarland. It complements the venerable Kettler Fahrradfabrik plant nearby. There is ...

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    Crow Bicycles secures €300,000 in its first funding round


    Crow Bicycles, the Spanish high-end e-bike brand launched last year through an international crowdfunding campaign, closed its first investment round with a capital increase of €300,000. The funds will be used to develop new products, technologies, and services and hire new professionals with talent and expertise, the company said. Crow ...

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    Alpkit receives growth funding, plans to launch footwear this summer


    Nottingham-based outdoor brand Alpkit has received £2.7 million (€3.2m) in funding from HSBC UK, backed by UK Export Finance (UKEF), the U.K.’s export credit agency and a ministerial department of the UK government, to support its domestic and international growth. Alpkit said it will use the funds to buy more ...

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    Clarus expands credit facility


    To fund its ongoing search for new “Super Fan” brands, Utah-based Clarus Corp expanded its senior secured credit facility to $300 million and entered into a $125 million term loan facility. Including a $175 million accordion feature, the new agreement provides Clarus with a total borrowing capacity of up to ...

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    Sportshopen builds new warehouse and logistics center


    Sportshopen, the retail chain of Swedemount Sportswear & Fashion AB, which was founded in 1991 and currently has 15 stores in Sweden, is building a new warehouse and logistics center with offices in Gothenburg. The company’s growing European e-commerce business made this move necessary, according to, primarily to guarantee ...

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    Nemo turns 20 and becomes Climate Neutral certified


    U.S. brand Nemo is celebrating its 20th anniversary this year, still being majority family-owned. The brand that started as a start-up in college by Cam Brensinger also announced its partnership with Climate Neutral. Nemo has successfully undergone the necessary process to be Climate Neutral certified, including the purchase of eligible ...