All Corporate articles – Page 21

  • raven
    News briefs

    Raven Hengelsport makes a new start

    31 March 2023

    Dutch company Raven Hengelsport, one of Europe’s biggest tackle retailers, ceased trading in January, as previously reported. After working with the administrator, J.P. Davids of Davids Advocaten, the company has now announced that Raven has been acquired by Dion Raven, his brother Iwan Raven and the Brubaker Group, a German ...

  • UYN-logo
    News briefs

    Trerè Innovation expands into U.S. market with UYN, first store planned for fall

    31 March 2023

    Italian sports apparel manufacturer Trerè Innovation enters the U.S. market with its Biotech base layers made from plant-based and natural materials like beech plants, castor oil seeds, kapok trees, eucalyptus trees and corn. The Biotech apparel line is manufactured in Pennsylvania and marketed under the Trerè brand Unleash your Nature ...

  • Fenix_Logo
    Article

    Fenix sees possible M&A, aims to cut logistics costs after starts 2023 ‘in a reasonable way’

    31 March 2023

    Fenix Outdoor International said it is beginning 2023 “in a reasonable way” despite economic uncertainty and high inventory levels at retailers. The trend seen in the fourth quarter of 2022, with brick-and-mortar stores performing somewhat better than digital, has continued at the start of this year, the company added. “We ...

  • renewcell-og-image
    News briefs

    Renewcell and CTA Green Fibre sign delivery agreement

    30 March 2023

    Swedish textile-to-textile recycling innovator Renewcell has signed a memorandum of understanding with China Textile Academy (CTA) Green Fibre Co. Ltd, a Chinese lyocell fiber producer, for a long-term collaboration in the production of man-made cellulosic fibers. The agreement, signed by the two companies at the Intertextile Apparel show in Shanghai, ...

  • Bildschirmfoto 2023-03-28 um 12.36.30
    Article

    MTB pioneer Gary Fisher launches new e-bike brand

    28 March 2023

    With 20 employees based in Fremont, California, and partnered with an aviation battery company, Gary Fisher (one of the inventors of the mountain bike) has founded a new e-bike company called Morelle. According to the vibrant discussion going on with Fisher on LinkedIn, Instagram and Twitter, his new company aims ...

  • renewcell-og-image
    News briefs

    Fire at Renewcell 1 in Sundsvall, Sweden

    27 March 2023

    A fire broke out at a facility of Swedish textile recycler Renewcell in Sundsvall, Sweden, on March 22. Nobody was injured. The fire occurred in the plant’s shredding area and was extinguished without spreading to the rest of the facility, the company said. The fire damaged one of the three ...

  • Kitsbow-Master-Logo
    News briefs

    Bike apparel brand Kitsbow to cease operations

    23 March 2023

    Employee-owned U.S. cycling apparel brand Kitsbow announced that it will cease operations in April after failing to raise sufficient capital. According to CEO David Billstrom, a community funding round launched in November through the Wefunder platform raised only about half of the $1 million needed to continue the business. He ...

  • Berria Bikes
    News briefs

    Capital infusion at Berria Bikes

    22 March 2023

    Through its SC Growth Fund II, Suma Capital has taken a minority stake in the Spanish brand Berria Bikes, according to CMDsport. The infusion of €160 million is to help shore up the company’s structure and help it expand outside of Spain. Berria was founded in 2012 by the brothers ...

  • Lycra
    News briefs

    Several Lycra production sites pass Higg assessment modules

    22 March 2023

    Global textile supplier Lycra announced the third-party verification of several Higg Facility Environmental Module (Higg FEM) and Higg Facility Social & Labor Module (Higg FSLM) self-assessments. The Lycra manufacturing sites in Waynesboro, Virginia (U.S.); Maydown, Northern Ireland; and Foshan, China, completed their verification for the Higg FEM module, a framework ...

  • Topo_Designs_Logo
    Article

    Topo Designs receives growth investment from Gart Capital Partners

    22 March 2023

    Topo Designs, a Colorado-based outdoor brand that offers sustainable, durable apparel and accessories, says it has received a “significant” equity investment from Gart Capital Partners, a family investment firm with longstanding outdoor roots, also headquartered in Colorado. The investment marks the first time the brand has raised external capital since ...

  • sustainability-hub-coats-india-hero
    News briefs

    Coats Group opens second sustainability hub

    21 March 2023

    Coats Group, the British multinational specializing in the manufacture of yarns and structural components for apparel and footwear, has opened a pilot sustainability hub at its Madurai plant in the southern Indian state of Tamil Nadu. The new hub is located in a sprawling area of nearly 1,000 square meters. ...

  • Stolen Goat
    News briefs

    Stolen Goat parent company launches public crowdfunding campaign

    17 March 2023

    Herd Group Holdings has gone publicly live with a crowdfunding campaign on Seedrs. U.K.-based Herd Group, headquartered in Hook, Hampshire, is the parent company to apparel brand Stolen Goat, bikepacking brand Wildcat and the women’s cycling clothing brand VeloVixen, which Herd Group acquired in February following the brand’s entry into ...

  • Cake - Shanghai Forever
    Article

    Cake enters China, collaborates with Shanghai manufacturer for 150,000 units

    16 March 2023

    Cake, the Swedish manufacturer of premium lightweight electric motorcycles, has announced a major partnership with Shanghai-based bicycle manufacturer and retailer Shanghai Forever. The goal is to produce and sell 150,000 units in China over the next four years. Shanghai Forever was established in 1940 as one of the earliest bicycle ...

  • signa-spouni-logo-cmy-color-pos-1-1
    News briefs

    Signa Sports United expands North American presence with new Utah HQ

    15 March 2023

    Signa Sports United’s (SSU) North American bike division announced the opening of its new corporate headquarters in Park City, Utah. The office will serve as a hub for SSU’s North American bicycle operations, enabling the company to better serve its growing customer and dealer base in the region and throughout ...

  • Berghaus Logo
    News briefs

    Berghaus achieves B Corp certification

    15 March 2023

    U.K. outdoor company Berghaus has received its certification as a B Corporation, joining the global corporate community that is committed to further improving its responsible business practices. The B Corp status was awarded to Berghaus following a rigorous assessment that included governance, people, community, customers and environment. The company supports ...

  • Bildschirm­foto 2023-03-14 um 15.50.48
    News briefs

    Cake enters partnership for Mexico, associated manufacturing for North America

    14 March 2023

    Cake, the Swedish manufacturer of premium lightweight electric motorcycles, has announced a significant partnership with Mexican mobility leader Italika and Citio, a Mexican company offering the first battery swapping network in the country, for electric two-wheel transition and acceleration in Mexico. Italika, owning the majority of the Mexican motorcycle market, ...

  • Responsible_Haru_Logos
    News briefs

    Re-Commerce company Responsible acquires IT specialist Haru

    14 March 2023

    Responsible, a global circularity platform, has acquired Haru. This tech-powered re-commerce solution was founded in 2018 as a service provider for charity shops (to date, 550 of them work with the Haru solution across Ireland and the U.K.). While joining forces, the two companies are aiming to provide collecting, sorting, ...

  • Hybridgebäude Schwalbe Foyer
    Article

    Schwalbe manufacturer Bohle reports record sales in anniversary year

    13 March 2023

    For its 50th anniversary year 2022, Schwalbe manufacturer Ralf Bohle GmbH has reported record sales of €335 million. Compared to 2021, this is a whopping plus of 20.9 percent. Looking at the current fiscal year, however, the German company is expressing caution: For 2023, the bicycle tire manufacturer anticipates declining ...

  • vibram-logo
    News briefs

    Vibram plans to double footwear sales

    13 March 2023

    Vibram, the Italian sole producer, aims to double its sales of own-brand footwear, which reached €18 million in 2022, Paolo Manuzzi, the chief executive of the Italian sole producer, said in an interview with the daily Il Sole 24 Ore. Last year, the group’s overall sales rose by 50 percent ...

  • Circ Logo
    News briefs

    Circ closes $25 million funding round backed by Zalando and Avery Dennison

    13 March 2023

    Circ, the Virginia-based fiber-to-fiber recycling tech firm, has secured $25 million in additional funds thanks to a number of new investors as well as previous investors. The new funding round was backed by European online platform Zalando and material science and digital labels maker Avery Dennison. Korean outdoor and sportswear ...