All Corporate articles – Page 35
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News briefsJebsen Group invests in Woom
Hong Kong-based Jebsen Group has invested in Austrian children’s bicycle supplier Woom. The Jebsen Group shares acquisition is via the family-run trading and logistics company’s investment arm, Jebsen Capital. While no information was given on the exact amount of the Woom minority stake Jebsen now holds, it was noted that ...
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News briefsDidriksons expands into business outerwear
Source: Didriksons Still a jacket, but clearly fashion: The Alvina w’s coat for SS2023 The Swedish brand Didriksons enters the business fashion market with a new range of women’s business-focused jackets and coats. The collection is centered around a classic trench coat and will be available end ...
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News briefsRenewcell begins shipping from new plant in Sundsvall
Swedish textile recycler Renewcell has announced that it has shipped its first batch of dissolving pulp produced at its new factory in Sundsvall, Sweden, to a customer. The new facility, which started up in November, adds to the other Renewcell plant in Kristinehamn, west of Stockholm. Also in November of ...
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News briefsVF announces new appointments to TNF leadership team and more
Source: VF Mariano Alonso VF Corporation has announced new appointments to its leadership team in the EMEA region, including for The North Face (TNF), effective Jan. 31. Mariano Alonso — current general manager of Timberland EMEA — will be the new general manager of TNF EMEA. The ...
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ArticleHelen of Troy making three organizational changes
Helen of Troy, the parent of Osprey and Hydro Flask, is undergoing three organizational changes and shrinking its global workforce by about 10 percent, with most staff reductions completed before March 1. Most notably, the group has decided to merge its Health & Wellness and Beauty segments, centralize its global ...
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ArticleGerman bicycle manufacturer Prophete files for insolvency proceedings
On Dec. 20, the renowned German bicycle manufacturer Prophete GmbH & Co. KG filed a petition to open insolvency proceedings (file number 43 IN 777/22). The court appointed Manuel Sack of nationwide law firm Brinkmann & Partner as Prophete’s provisional insolvency administrator. Between Dec. 20 and 23, the following entities ...
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ArticleOberalp Group begins construction of new Pomoca headquarters
Source: Oberalp Group Artistic illustration of the new production facility of Pomoca The South Tyrol-based Oberalp Group has laid the foundation stone for the new production facility of its Pomoca brand. The new headquarters are now under construction at the foot of Mount Suchet in Chavornay (Vaud), ...
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News briefsPatagonia announces christmas period closures and paid holidays for staff
Patagonia CEO Ryan Gellert announced on LinkedIn that all Patagonia stores, warehouses and offices in the U.S. and Canada would be closed from Dec. 25, 2022, through to Jan. 1, 2023, with staff given paid time off because ”we believe in providing quality of life for our people.” The brand ...
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ArticleIcebreaker’s Josh Vaughan: “We can take market share from the synthetic base”
Icebreaker’s General Manager EMEA talks about how he wants to increase the share of natural fibers, how Icebreaker needs to be positioned, and which decision in the past was a mistake.
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ArticleTrial phase of the new Bike24 logistics center for southern Europe underway
Before the end of the year, the new logistics center of the German cycling, running and swimming sports online retailer Bike24 Holding AG started its pilot run in Barcelona. The first test packages have already been shipped. This means that the second logistics center of the “leading e-commerce platform for ...
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News briefsLenzing adjusts earnings forecast for 2022
The Lenzing Group is adjusting its earnings forecast for the 2022 financial year due to one-time effects related to the accelerated savings program (set up in the third quarter due to the deteriorated market environment and the earnings development) and currency effects and a further deterioration of the market environment. ...
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News briefsHohenstein to open new textile testing laboratory in Shanghai
Germany-based Hohenstein, a provider of textile testing and a founding member of Oeko-Tex, is opening another testing lab in Shanghai. Starting in the first quarter of 2023, the new facility, located in the Pudong District industrial park, will supplement the Hong Kong laboratory capacity. It will add to Hohenstein’s capacity ...
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News briefsVF Corp. plans to expand its EMEA headquarters in Switzerland
VF Corp. is planning to expand its EMEA headquarters in Stabio, Switzerland. The VF Campus currently consists of four buildings measuring 20,000 sqm, which host over 1,100 employees working in design and product development, a fabric testing lab and showrooms dedicated to the group’s brands. VF is the parent company ...
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News briefs
VF Corp. to potentially sell the JanSport brand
According to Bloomberg citing „people with knowledge of the matter,” VF Corp is considering selling the JanSport backpack and adventure luggage brand. There are no details of a potential investor revealed whatsoever. Shares of VF, the owner company of The North Face (TNF), Vans and Timberland brands, have dropped by ...
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ArticleMichael Sieber: “There will be some bumps in the road”
Ortovox general management reveal their challenges for 2023 and explain why they are confident.
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News briefsRetyre raises funding for new bike tire factory in Norway
The Norwegian bike tire company ReTyre AS, a start-up founded in 2015, is expanding into Europe with distribution in Germany, Austria and Switzerland and a webshop. The company goes to market with a tire system that enables a change of profiles on a base tire with a zip-on system, including ...
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News briefsTernua consolidates sales in Italy
Ternua has consolidated its sales in Italy, according to marketing director Imanol Muñoz, who spoke with Diffusion Sport at the recent ISPO Munich show. In doing so, it has hired a single manager to handle the five regions into which the Spanish Basque company has divided up the country. Ternua ...
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News briefsLectra acquires majority of SaaS provider TextileGenesis
Paris-based company Lectra has announced the signature of an agreement to acquire 51 percent of the capital and voting rights of the Dutch company TextileGenesis, a Software as a Service (SaaS) platform for sustainable material traceability that is also partnering with the Textile Exchange and the Cotton Trust Protocol, as ...
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News briefsAdvanced Clothing Solutions receives B Corp status
U.K. textile fulfillment company Advanced Clothing Solutions (ACS) is now B Corp-certified, scoring 150.9 points after being assessed in several categories, including governance, workers, community, customers and environment. The Glasgow-based company, founded in 1997, offers a logistic platform for rental, resale and returns. ACS has just been welcomed as a ...
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ArticleWolverine to divest Keds and leather business, announces staff reductions
Driven by a focus on increasing long-term shareholder value, Wolverine Worldwide is divesting or licensing its Keds brand and Wolverine leather business segments and is initiating an unspecified headcount reduction. The staff cuts are projected to result in approximately $30 million in savings for the company in 2023, and the ...
