All CSR & Sustainability articles – Page 56
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News briefsRenewcell initiates strategic review
The Board of Directors of Swedish textile recycler Renewcell has initiated a strategic review regarding its capital structure and the evaluation of potential strategic alternatives to secure additional funding. The announcement comes less than a month after the appointment of Magnus Håkansson as acting CEO. The reason for the strategic ...
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ArticleEOCA members announce Green Friday fundraiser actions
After inviting companies to participate in its antidote to Black Friday and raise money to help fund EOCA projects, the EOCA has released details of how its membership brands are marking Green Friday on Nov. 28 this year.
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News briefsNaturkompaniet continues to say no to Black Friday
Swedish retailer Naturkompaniet keeps distancing itself from Black Friday campaigns and instead encourages customers to take care of the clothes and equipment they already have. From Nov. 20-25, customers can therefore have their leather hiking boots and G-1000 products from Fjällräven waxed for free in all stores in Norway. During ...
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News briefsAluula announces management changes
Canada-based Aluula Composites Inc.’s Chief Operating Officer John Zimmerman will expand his responsibilities to oversee the Windsports Division as the division now drives near-term revenue growth, qualifying it for dedicated, dedicated management. Zimmerman has been instrumental in shaping the brand’s history and is uniquely positioned to drive growth in this ...
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News briefsNemo expands circularity efforts into Europe
Nemo has expanded its Endless Promise collection and its circular economy program to now include Europe. In 2024, the Endless Promise product-line will be expanded to include three down sleeping bags (Disco, Riff, Coda) and the Resolve and Vantage backpack lines. Nemo introduced its first product in its fully recyclable ...
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ArticleVF publishes ESG Report for FY 2023
Source: VF Corp Under the title “Purpose. Driven.” VF Corp has published its Environmental and Social Responsibility Report for the 2023 financial year. The comprehensive report emphasizes the key areas that VF focuses on: People, Planet and Product. Topics covered in the report include gender parity, racial ...
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ArticleBleed enters provisional insolvency
In a letter to his loyal customers and in a German-language video (below), Michael Spitzbarth, owner of the sustainable outdoor brand Bleed, explains that his company, which he founded 15 years ago, has had to file for provisional insolvency despite all attempts to avoid this situation. “The sum of many ...
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News briefsThis Black Friday, Naturkompaniet opens second-hand departments in four stores
Swedish outdoor retail chain Naturkompaniet is starting to open second-hand departments for a wide range of used products from different brands. Naturkompaniet has 36 stores throughout Sweden, and four of them will offer high-quality second-hand outdoor clothing and equipment from Nov. 24, 2023. The first stores to introduce the concept ...
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News briefsOrtlieb’s anti-Black Friday action announced
Joining the list of outdoor brands rebelling against the consumerism and potential waste associated with Black Friday campaigns, Ortlieb has announced its very own anti-Black Friday action. The manufacturer of waterproof backpacks, panniers and travel bags is encouraging consumers to repair rather than rebuy. Source: Ortlieb ...
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ArticleFootwear brands launch collective to drive the transition to a circular economy
Athletic and outdoor footwear brands Brooks Running, New Balance, On, Vibram, Crocs and Ecco, along with US lifestyle brand Reformation and US retailer Target, have partnered with EarthDNA to launch The Footwear Collective (TFC), a non-profit initiative dedicated to uniting the global footwear industry to accelerate the ...
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ArticleThredUp reports 21% sales increase in Q3
California-based online resale platform ThredUp Inc. reported a 21 percent year-over-year increase in revenue for its third quarter ended Sept. 30, 2023, reaching $82.0 million. Adjusted Ebitda loss was $3.6 million, or negative 4.4 percent of revenue, compared to $11 million, or negative 16.2 percent of revenue, in Q3 of ...
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ArticleRenewcell reports operating loss of €4.4m, believes in break-even
Swedish textile recycler Renewcell has reported an Ebitda result of -51 million Swedish kroner (€-4.4m) for Q3 of 2023, compared to SEK -59 million (€-5.0m) in the same period last year. Net sales amounted to SEK 84 million (€7.2m), in line with the same quarter last year. Cash flow from ...
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News briefsVaude receives Reuters Business Transformation Award
German outdoor outfitter Vaude has won the internationally coveted Business Transformation Award 2023, which honors the world’s best companies committed to sustainability. Hilke Patzwall, Vaude Sustainability Manager, and Jan Lorch, Vaude Managing Director Sales & CSR, accepted the award in London on Nov. 1. They made the long journey from ...
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ArticlePolartec announces Apex Award winners 2023
Polartec has announced the winners of the Polartec Apex Awards 2023. The annual design award recognizes brands and designers that embody Polartec’s Made To Go Beyond ethos. The winning garments – selected from hundreds of entries that improve the lives of those who wear them – embody ...
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ArticleDIY repairs: 12 brands making repairs easy
Our listicle highlights the outdoor and sporting brands and retailers who are already helping consumers repair their own outdoor gear at home.
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News briefsThe Microfibre Consortium partners with James Heal on first public demonstration of fiber fragmentation test
The Microfibre Consortium (TMC) has teamed up with James Heal, the British specialist in the design and manufacture of precision testing solutions and support services within the global textile industry, to hold the first public demonstration of a test method for fiber fragmentation from fabric. The event took place during ...
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News briefsGlobetrotter Re:Think store wins another prize
Hot on the heels of its German Sustainability Award win, Globetrotter has scooped another prize this week. The retailer’s Re:Think Store in Bonn, which brings a circular mindset to shop fitting as well as the retail experience, has been awarded a Red Dot Design Award in the “Brands and Communication ...
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ArticleDeckers publishes ESG report for FY23
Deckers Brands, owner of a portfolio of brands including Ugg, Hoka, Teva, Sanuk and Koolaburra, has published its Corporate Responsibility and Sustainability Report called Creating Change for the 2023 financial year. The report builds on the progress the company has made towards its sustainable development goals in the areas of ...
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News briefsBetter Cotton Platform launches as complete traceability solution
Better Cotton, the world’s largest cotton sustainability initiative representing over one-fifth of global cotton production, has officially launched its traceability solution for the fashion and textile sectors. With the launch, apparel companies can accurately trace and disclose the origin of raw materials. Developed over three years and in close consultation ...
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News briefsOsprey announces 2023 Black Friday alternative
Osprey is once again replacing Black Friday with Green Friday, and fundraising to support the European Outdoor Conservation Association (EOCA) this year with a twist: Customers can decide which conservation projects they want to back. Running from Nov. 23-28, Osprey will offer a 20 percent discount on selected products to ...
