All Corporate articles – Page 39
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News briefsHans Anders launches new sports eyewear brand Driive with DSM bike team
The Dutch Hans Anders retail group (owner of the Hans Anders, Eyes + More and Direkt Optik optician chains) has entered into a collaboration with World Tour cycling team DSM to develop and promote its new eyewear brand, Driive. The new line of sports eyewear is aimed at cyclists and ...
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News briefsSchwan-Stabilo establishes outdoor subsidiary in Italy
As of April 1, 2022, mountain sports expert Ortovox is repositioning its presence in the Italian market with the opening of the new Schwan-Stabilo Outdoor Italia branch, based in Rancia near Bergamo. With Stefano Finazzi, the company is bringing an experienced industry expert on board as general manager. After 25 ...
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ArticleShimano Europe intends to outsource warehouse activities
Shimano Europe B.V., based in Eindhoven, Netherlands, intends to completely outsource its warehousing activities. The proposal has been submitted to the works council for consultation. The outsourcing could result in losing up to 45 jobs at the warehouse in Nunspeet (Netherlands). A social plan will be drawn up for the ...
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News briefsMountainsmith moves into new headquarters
Colorado-based company Mountainsmith has moved into its new headquarters downtown the city of Golden. The new location features an integrated showroom-style retail space but also hosts offices as well as sales and product design departments. The company has been located in Golden since its founding in 1979 but had its ...
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News briefsRe:NewCell to team up with Daiwabo Rayon
Re:NewCell has signed a Letter of Intent with Daiwabo Rayon, a consolidated subsidiary of Daiwabo Holdings, for a long-term commercial collaboration around man-made cellulosic fiber production. Ekman Group, Renewcell’s exclusive global trading partner, has facilitated the preliminary agreement. Renewcell and Daiwabo will work together to supply textile fibers made using ...
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News briefsStart-up footwear brand Hylo raises €2.9 million for low CO2 vegan sports shoes
The U.K.-based brand Hylo Athletics, co-founded by ex-football professional Michael Doughty in 2020, has secured €2.9 million in a Series A funding round for its vegan-friendly sneakers that are made with natural rubber, cotton, algae and corn fiber. The company claims the “corn runners” have a 52 percent lower carbon ...
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News briefsFrench 2Ride Group acquires Troy Lee Designs
In mid-March, French motorcycle, mountain bike and ski protection equipment supplier 2Ride Group acquired California-based motorcycle and mountain bike outfitter Troy Lee Designs from the U.S. investment firm SBJ Capital. Both parties have agreed not to disclose any financial details. French investment company Eurazeo had been behind 2Ride Group since ...
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ArticleJornet and Camper launch NNormal; announce footwear, apparel and more for trail running and hiking
Now it’s finally out. After Kilian Jornet terminated his collaboration with Salomon, we were puzzling over who the Catalan climber and trail runner would work with in the future. Most recently, we reported that he and his partner Emelie Forsberg joined the athlete team of GPS watch brand Cronos from ...
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News briefsBergfreunde reports 31 percent growth in 2021, turnover exceeds €200 million
German e-commerce specialist Bergfreunde has released its 2021 report, stating a record turnover of €203 million. Given the unbroken growth trend in 2022, Bergfreunde is investing in new employees and further expanding its customer support (which currently counts 60 people) and IT development team. In 2021 alone, the store IT ...
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News briefsCanada Goose strengthens presence in Japan
Canada Goose Holdings and its longtime Japanese partner Sazaby League Ltd. have reached an agreement to establish the Canada Goose Japan joint venture to accelerate DTC expansion, including retail stores. The agreement will replace an existing exclusive national distribution agreement between Sazaby League and the Canadian luxury outdoor brand. Beginning ...
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News briefsMips’ China production restarts after brief lockdown
Due to the recent Omicron wave in China, the Swedish Brain Protection System (BPS) manufacturer Mips AB has further updated the current situation in areas where the supplier and several of its (helmet) customers have manufacturing operations. In a communication dated March 16, the helmet technology supplier had indicated that ...
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News briefsMAAP opens European base in London
MAAP, the Melbourne-based cycling apparel brand, has opened its first London office. The opening follows the launch of its U.K. webstore and warehouse in December. The new office will also serve as the brand’s base for its European marketing and sales staff. MAAP Instagram
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News briefsZorali reaches its crowdfunding goal in a few hours
Australian outdoor brand Zorali reached 91 percent of its minimum A$300,000 target in just three hours on March 16, the opening day of its crowdfunding campaign on Birchal, thanks to 204 investors. By March 21, the brand had raised a total of more than A$641,200 with nearly 500 people investing. ...
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News briefsDutch logistics specialist Bleckmann acquires The Renewal Workshop
The Renewal Workshop (TRW), based in Oregon and specialized in processing and reselling used apparel, has been acquired by the global textile supply chain and logistics company Bleckmann Logistics. With the acquisition, the company aims to offer its clients a fully circular supply chain proposition. Adding the technology, process and ...
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News briefsLeki rolls out new brand identity
After 33 years, German pole manufacturer Leki has unveiled its new logo as part of a new, comprehensive brand identity that will be rolled out from March 2022, including a new website. “The brand’s evolution is logical and brings more focus on the essentials. The emotionalization of the brand moves ...
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News briefsVista Outdoor partners with Stockperks to enhance retail investor relationships
Vista Outdoor, the parent company of 39 brands that design, manufacture and market sports and outdoor products, and Stockperks, a New York City-based retail investor engagement company, have launched the Vista Outdoor Shareholder Rewards Program for the U.S. through the Stockperks app. To launch the program, retail shareholders using the ...
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News briefs
Hövding receives hybrid loan from Fosielund
Hövding Sverige AB has received interim financing in the form of a hybrid loan of SEK 50 million (€4.7m) from its main shareholder Fosielund Holding AB. Hövding needs the additional capital to implement its corporate strategy and realize its growth targets. In addition, there is currently uncertainty in the German ...
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News briefsPirelli begins production of “Made in Italy” bicycle tires on industrial scale
The venerable, renovated Pirelli plant in Bollate, near Milan, has begun producing bicycle tires. The first domestically produced P Zero road bike tires will be delivered and marketed in March of this year. With the start of bicycle tire production, the Pirelli plant is now “the only factory that produces ...
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ArticleAmerican Outdoor Brands shifting focus
American Outdoor Brands is adjusting its long-term focus to increase its revenues and product presence in the outdoor lifestyle category while maintaining a foothold in shooting sports. The Columbia, Missouri company, which intends to generate 50 percent or more of its topline in the outdoor lifestyle segment, has agreed to ...
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News briefsInternational cross-industry job portal for refugees from Ukraine
Thousands of refugees from the war zone in Ukraine are currently forced to settle in new places and are looking for a way to earn a living. To help with this, www.jobaidukraine.com, an initiative for Ukrainian refugees, was launched by the German initiative “Händler helfen Händlern” (“retailers support retailers”) as ...
