All Corporate articles – Page 32
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News briefsNew leather & footwear testing laboratory for Hohenstein
Hohenstein, a German provider of textile testing and a founding member of Oeko-Tex, celebrated the opening of a second leather & footwear testing laboratory in Gurugram, India, on 11 Nov. 2022. The first of its kind in Hohenstein’s established network of textile testing labs in Asia, it will focus on ...
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ArticleBike industry veteran Pat Cunnane named CEO of Messingschlager USA
Europe’s leading and expanding bicycle accessories supplier Messingschlager GmbH & Co. KG has been able to win over a high-profile industry expert. The German company, which acquired its longtime U.S. partner company – then called Cycle Force Group – and its subsidiaries at the end of 2021 and shortly thereafter ...
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ArticleCannondale’s new organizational structure without European head
Source: Cannondale Marco Kind After Canadian conglomerate Dorel Industries sold its Dorel Sports bicycle division – comprising Cycling Sports Group (CSG) and Pacific Cycle Group (PCG) – to Dutch company Pon Holdings B.V. last year, work has been underway to integrate the acquired brands. Cannondale, the U.S. ...
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ArticleMV Agusta shareholders and KTM AG inject €30 million
After listed Pierer Mobility AG officially announced on Nov. 3 that its subsidiary KTM AG (not to be confused with e-bike pioneer KTM Fahrrad GmbH) was taking a 25.1 percent stake in rival MV Agusta Motor S.p.A. as part of a capital increase, the Italians announced a €30 million capital ...
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ArticlePon.Bike commissions YIT Lietuva to build new factory in Lithuania
After 2L Architects UAB – the Lithuanian architectural firm responsible for the design of the new factory – received the building permit at the end of September, on Nov. 18, the Dutch bicycle company Pon.Bike officially commissioned the construction company YIT Lietuva to build the 40,000-square-meter facility in Lithuania’s Kėdainiai ...
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ArticlePentland Brands Germany undergoes restructuring, Berghaus with comeback
Source: Pentland Brands Germany Michael Schupp With the restructuring of Pentland Brands Deutschland GmbH, founded in 2020 in Gmund in southern Germany, which as an offshoot of the British Pentland Group also distributes the group’s Endura and Speedo brands in the DACH region, the well-known British mountain ...
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ArticleBosch invests specifically in the European production of eBike Systems
In mid-October, the Slovakian ministry of economy told the domestic press that Robert Bosch GmbH (Bosch Group) and its offshoot Robert Bosch spol sro (aka Bosch-Slovensko) would expand the Slovakia-based Electric Drive Division to produce e-bike components for its e-bike drive supplier Bosch eBike Systems and invest accordingly. Shortly after ...
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News briefsHaglöfs closes again for Black Friday
As it did last year, Swedish brand Haglöfs is taking a stand against the environmental and social perils of excessive consumption on Black Friday. Haglöfs has conducted a number of protests against the sales day, from increasing prices to donating profits to charities to promote second-hand products. In 2021, for ...
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ArticleYakima with new global organizational structure
Yakima, a manufacturer of transportation and equipment management solutions headquartered in Oregon, USA, has announced that Ryan Martin, current CEO of the Americas region, will expand his responsibilities to also drive strategic direction and growth in Australasia (Australia, New Zealand and the adjacent Pacific Islands) and EMEA (Europe, Middle East ...
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News briefsAlpkit meets funding target in less than eight minutes, plans new product categories
At the end of October, British outdoor and cycling brand Alpkit invited its customers to become shareholders in the company. The investment campaign was open for just eight minutes when the company reached its target of £750,000 (around €855,000). In less than an hour, Alpkit had raised £1.6m (€1.83m) from ...
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ArticleWolverine lowers FY forecast again, unveils brand reorganization
Wolverine World Wide Inc. again lowered its full-year outlook after continuing supply chain constraints, increased promotional activity and deteriorating economic conditions weighed on third-quarter results, which came in below expectations. The company also announced a long-awaited reorganization of its brands to help cut costs and expand margins. Full-year revenue is ...
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News briefsInfinite Fiber announces progress in building commercial-scale fiber factory in Finnland
Infinited Fiber Company, textile technology specialist from Finland, has announced that the construction of its first commercial-scale Infinna textile fiber factory in Kemi, Finland, has progressed according to plan since the announcement of the factory site in June 2022. The company is increasing its focus on scaling the production volume ...
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News briefsInov-8 opens first showroom outside the UK
U.K.-based running, hiking and fitness brand Inov-8 has opened the doors to its first showroom in mainland Europe in Annecy, France. Manu Fedon, Inov-8 sales manager for France, said: “The showroom will be a basecamp for all customers, media contacts, friends and family living within the heart of the French ...
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News briefsBianchi renews presence in the U.S.
Source: Bianchi Dan Delehanty, Bianchi USA Country Manager As part of the complete restructuring of FIV Bianchi Spa, headquartered in Italy, Bianchi continues its international development by also renewing its Bianchi USA subsidiary and strengthening its physical presence in North America. Dan Delehanty has assumed the role ...
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ArticleNew German DTC e-bike company Hepha goes live
A new DTC e-bike supplier called Hepha GmbH is a new kid on the block in the buzzing e-bike market. Noticeably, the top model of the southern German brand comes with a mid-motor developed by the company itself in Germany, while the two other models are equipped with mid-motors made ...
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News briefsSchoeller Textil undergoes rebranding and defines brand strategy
The Swiss textile manufacturer Schoeller Textil AG has reworked its logo and brand claim. With a modern corporate design and the new claim “Textile Intelligence,” the company wants to embody the guiding principle of the development and successful implementation of innovation and intelligent textile technologies. In a company statement, the ...
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News briefsHoudini opens second Stockholm store/hub
Located in Kungsgatan 30 in a former Samsung shop, Swedish brand Houdini has opened its second store in the capital. With the new opening, the shopping street in central Stockholm now has the Houdini Hub next to the Norröna and The North Face flagship stores, followed by Naturkompaniet in one ...
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News briefsOberalp tackles its brand’s relevance for the Gen Z
The annual Oberalp virtual summit, just held in Zurich, Switzerland, had a special theme: “The Gen Z mountains – how the next generation is changing the outdoor industry.” In a virtual and physical meeting, several speakers, activists and Gen Z outdoor enthusiasts gathered to discuss the issues that move the ...
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News briefsDidriksons opens Brand Studio
Source: Didriksons Didriksons Brand Studio in Borås, Sweden To increase brand awareness and position itself as “The Swedish Jacket Brand,” Didriksons is now opening its own Brand Studio. The studio is located in the center of Borås and consists of a showroom, offices, auditoriums and a photo ...
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ArticlePinarello’s good results accelerate further investments
Based on the good financial results of the 2021/22 fiscal year (ended June 30), Italy’s Cicli Pinarello s.r.l. is looking to a bright future. For the current fiscal year 2022/23, the road bike supplier is expecting a growth rate of between 25 and 30 percent – “still considering the limitation ...
