All Corporate articles – Page 57
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News briefs
Canada Goose CEO foregoes his pay
Besides closing all Canada Goose stores in North America and Europe until at least March 31 and the production facilities in Canada for at least two weeks, the company’s chief executive, Dani Reiss said that he will forego his salary for at least the next three months. The company will ...
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ArticleHow the industry is affected by (and dealing with) the Coronavirus
We have already given you some information about the coronavirus situation on the websites of SGI Europe and the Compass in the past weeks, but of course there are new developments every day and hour. The explosion of the coronavirus pandemic, which now has Europe completely under control, has prompted ...
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News briefs
Black Diamond closes EU headquarters due to Covid-19
In view of the Covid-19 situation, Black Diamond has closed its EU headquarters in Tyrol, Austria, and will operate the company through home working until the end of March. The Black Diamond store in Innsbruck is closed until further notice, the webstore and the D2C customer service are still available.
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News briefs
Petzl America orders employees to work from home
Petzl America announced last Friday that all employees in the USA who have the opportunity to do so will work from home from Monday, March 16, until further notice. Employees at the company’s distribution center will continue to process orders locally for shipment to customers in the USA and Canada, ...
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News briefsJack Wolfskin launches adventure travel package in Romania
The German outdoor specialist Jack Wolfskin has launched the “Wolftrail”, the brand’s first exclusive long-distance hiking trail. Together with experienced partners, the six-day trip will be realized in the primeval forests of the Romanian Carpathians. Melody Harris-Jensbach, CEO of Jack Wolfskin, explained her company’s move into the adventure travel business ...
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News briefs
Snugpak changes working hours to reduce footprint
(SGI) Snugpak, the British maker of sleeping bags and insulated clothing, has announced a change in its working hours as part of its efforts to reduce the company’s carbon footprint. From April 3 until autumn, the company will be switching to a four-day week, Monday to Thursday. The manufacturing company ...
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News briefs
Patagonia proactively shuts down operations in Europe and the U.S.
(Post updated March 13) Patagonia is temporarily closing its European headquarters in Amsterdam for at least one week. All employees – more than 100 – will continue to work from home. Ryan Gellert, general manager of Patagonia EMEA, said that the proactive closure was not an easy decision, but the ...
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News briefs
La Sportiva shuts down production until April 3
La Sportiva, the Italian producer of climbing and hiking shoes and clothing, announced on March 12 the closure of its head office, store and manufacturing plant at Ziano di Fiemme in Northern Italy because of the coronavirus epidemic, at least until April 3. The facilities employ a total of 364 ...
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ArticlePolartec starts to make some more noise
Polartec wants to raise its brand awareness with a bigger marketing budget under the ownership of Milliken & Company, the big American textile group that took over the fleece fabric producer a few months ago (Compass Vol. 12 N° 11+12 of June 28, 2019). It has already changed its logo, ...
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News briefs
Calzados Bestard’s annual sales down by 5%
According to its sales director, Mats Lindholm, Calzados Bestard, the Spanish brand of mountain boots, generated €5 million in revenues last year. This was 5 percent less than the record-setting total for 2018, when the Mallorcan brand released a number of new models, among them a collection with Gore-Tex Surround. ...
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News briefs
Le Chameau enters joint venture with Bradshaw Taylor
Le Chameau, a French boot brand, has entered into a joint venture with Bradshaw Taylor Ltd., an outdoor distribution specialist in Oakham, U.K. Le Chameau’s owner, Marwyn Investment LLP, and Bradshaw Taylor have signed a corresponding agreement. Bradshaw Taylor, a fourth-generation family business, is a successful distribution company of outdoor ...
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News briefs
Denmark’s Nordisk settles with American Yeti
As reported previously, the German down specialist Yeti will be completely integrated into the Danish Nordisk brand as of the 2020/21 season, with all Yeti shell products being assigned to the Nordisk brand and its down products selling under the new Red Y label. The Danish and German brands have ...
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News briefs
Klättermusen moves warehouse and logistics to The Netherlands
Klättermusen, the Swedish outdoor brand dedicated to creating apparel with a minimum impact on nature, has moved its warehouse from Borås in Sweden to ’s-Heerenberg, The Netherlands. According to the brand, the new site is ideally situated to serve global customers and allows the company to expand the current capacity ...
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ArticleCorona infecting the sports and outdoor industries
On Dec. 31, 2019, the World Health Organization (WHO) country office in China was informed of a cluster of patients with pneumonia of unknown cause in Wuhan, a city of 19 million people in the Hubei Province of China. Since then, we have been witnessing the spread of the coronavirus, ...
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Article
Assosport releases a statement on coronavirus
(Updated March 15) Assosport, the association of the Italian sporting goods industry, has published an open letter to its members from its president, Federico De Ponti, in relation to the coronavirus crisis. In the letter, De Ponti explains that Assosport has taken action through Confindustria, the Italian employers’ federation and ...
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News briefs
VF closes a special “green bond”
VF Corp. announced on Feb. 27 the closing of the first “green bond” in the apparel and footwear industry. The net proceeds from the €500 million bond offering will be used for investment in programs within the company’s “Made for Change Sustainability & Responsibility Strategy,” and to drive progress toward ...
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News briefs
Woolpower expands production capacity
Woolpower, the Swedish specialist in wool bodywear and accessories, says it intends to further expand the production capacity in its own factory due to its good long-term order situation and is investing in new employees and machines. Up to 30 knitting machine operators, converters and seamstresses are to be recruited ...
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Article
Ternua establishes twin sales departments
There are three pillars to Ternua’s growth strategy: the digitalization of its B2B business, the expansion of its complementary product lines (such as backpacks) and business development abroad. To build on the last of these, the Catalonian outdoor group has split it sales department into two divisions.
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News briefs
Wearcolour Sweden files for bankruptcy
(SGI) As reported in Sportfack, the Swedish industry magazine, Wearcolour Sweden, a Swedish brand of anoraks, ski jackets and trousers with distinctive color blocking that also owns the Void Cycling trademark, went bankrupt on Feb. 11 at its own request in Gothenburg. A notice on its website said that no ...
