General Outdoor – Page 19
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News briefs
Carbios strengthens its leadership team
Source: Carbios Bénédicte Garbil French biotech firm Carbios has announced the appointment of Bénédicte Garbil as Senior Vice President of Corporate Affairs and Sustainability. She also joins the group’s executive committee. Garbil began her career as a public affairs advisor at the French Federation of Healthcare Industries ...
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Article
Deuter receives “Green Button 2.0” certification
Among other measures, backpack and sleeping bag expert Deuter from Germany has been effectively and sustainably implementing the environmental and social standards of the “Grüner Knopf” (Green Button) directly and along the value chains since 2021 as part of its responsible business practices. Now, the company has gone through another ...
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News briefs
Internetstores GmbH files for insolvency
Stuttgart-based Internetstores GmbH, which includes the bike and outdoor online shops Fahrrad.de, Bikester, Campz and Addnature, filed for insolvency at the Stuttgart District Court on Monday afternoon. The company is part of Signa Sports United (SSU), the sporting goods division of the Signa Group founded by Austrian investor René Benko. ...
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News briefs
Vista Outdoor appoints General Counsel for Revelyst
Source: Vista Outdoor Jung Choi Vista Outdoor announced that Jung Choi will serve as General Counsel and Corporate Secretary for Revelyst following the planned spin-off of Vista’s Outdoor Products segment into a separate public company. Her appointment will be effective Oct. 23. Until the spin-off is completed, ...
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News briefs
HeiQ AeoniQ joins Canopy initiative
HeiQ AeoniQ has become an active brand partner of the Canopy initiative, which addresses the climate and biodiversity crises by committing to keep ancient and endangered forests out of the man-made cellulosic fiber supply chain. HeiQ AeoniQ is HeiQ’s key initiative to support textile brands and mills to achieve their ...
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Article
Wave of insolvencies at SSU seems unleashed
While Signa Sports United (SSU) offshoot Internetstores GmbH (Addnature, Bikester, Brügelmann, Campz, Fahrrad.de, Probikeshop) is said to have informed its suppliers of impending insolvency in self-administration and British affiliate WiggleCRC is believed to have done the same in its home country, German Tennis-Point GmbH has already filed for insolvency on ...
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News briefs
Vista Outdoor announces CFO for Revelyst
Source: Vista Outdoor Andy Keegan Previously considered a plan, it’s now official: Andy Keegan, currently Vista Outdoor’s vice president and interim CFO, will serve as Revelyst’s CFO following the planned spin-off of Vista Outdoor’s Outdoor Products segment into a separate public company. Keegan will continue to serve ...
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News briefs
Pernilla Nyrensten declines re-election to RVRC’s board
Source: RVRC Pernilla Nyrensten In a press release accompanying its proposal for the composition of Revolution Race’s (RVRC) Board of Directors for the next Annual General Meeting on Nov. 21, the company’s Nominating Committee published last Friday that Pernilla Nyrensten has decided to leave the board of ...
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Article
Signa Holding sells Sport Scheck to British Frasers Group
On Oct. 17, Signa Retail Department Store Holding GmbH announced the sale of the German sporting goods chain SportScheck to British sporting goods and fashion retailer Frasers Group. Frasers runs, among other brands, Europe’s largest retailer of sports and fitness footwear, apparel and equipment, Sports Direct. No details were given ...
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News briefs
New Chairman of the Board at Sea to Summit
Australian adventure gear brand Sea to Summit has appointed Wayne England as its new Board Chair. England is an accomplished executive with a distinguished career in the consumer products industry. Throughout his career, Wayne has held several executive and non-executive positions in leading multinational consumer goods companies, most notably Nestlé. ...
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News briefs
Rumpl hires new VP Global Brand Marketing
Source: Rumpl Josh Weichhand US outdoor blanket brand Rumpl, founded in 2014, has hired brand and marketing expert Josh Weichhand as Vice President, Global Brand Marketing. Weichhand will lead and oversee Rumpl’s marketing, brand strategy, e-commerce, creative and international efforts. He brings more than a decade of ...
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News briefs
Cocona Labs becomes member of The Conservation Alliance
Cocona Labs, the manufacturer of 37.5® Technology, has joined The Conservation Alliance. Cocona Labs’ membership dues directly support conservation efforts and advocate for protected lands. Cocona Labs is one of the few material suppliers to join the organization and is committed to encouraging more suppliers to actively participate in sustainability ...
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News briefs
BASF and Asahi Kasei team up on sustainable stretch fibers
BASF has announced that it is supplying biomass-balanced tetrahydrofuran (THF BMB) to the ROICA division of Asahi Kasei Corp., a multinational Japanese company. BASF’s THF BMB is said to offer a significant reduction in product carbon footprint compared to its standard grade of THF products, according to BASF. This is ...
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Article
EOG invites UK retailers to participate in OMIS market data program
The European Outdoor Group (EOG) has launched the Outdoor Market Intelligence Service (OMIS), an online dashboard to share real-time monthly sales data from outdoor retailers in the UK. Outdoor retailers in the UK are invited to join the program for key market insights, which went live during the European Outdoor ...
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Article
Largest SSU shareholder cancels equity commitment
Shortly after deciding to delist from the NYSE, Signa Sports United (SSU) announced that it had received a termination notice regarding the unconditional equity commitment letter from Signa Holding GmbH, a privately held Austrian real estate and retail company and a subsidiary of the company’s largest shareholder, Munich-based Signa International ...
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Article
Vista Outdoor divests Sporting Products business for $1.91bn
Vista Outdoor has agreed to sell its Sporting Products business to Czechoslovak Group a.s. (CSG) for an enterprise value of $1.91 billion. The transaction is subject to customary closing conditions. This transaction is the next step in Vista Outdoor’s plan to split the business into separate entities, previously announced on ...
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News briefs
Renewcell with new acting CEO
The Board of Swedish textile recycler Renewcell has appointed Magnus Håkansson as the new acting CEO, effective immediately and replacing Patrik Lundström, who has led the company since 2019 and has been dismissed by the Board after the company’s sales growth has been lower than expected. Håkansson started his ...
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Article
First products with mass-produced brewed protein fiber
On Sept. 29, a total of 17 products using Spiber’s next-generation Brewed Protein™ fiber were released as part of the FW2023 collection from four brands: Goldwin, The North Face (TNF), Nanamica and Woolrich. The collection is the first mass-produced garment to be sold on a large scale since Spiber’s Thai ...
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Article
Odlo launches expanded ReWear concept, opens flagship in Zurich
Source: Odlo ReWear Swiss functional apparel manufacturer Odlo announced the launch of Odlo ReWear, a new, expanded initiative by the company to support the circular economy. Garments that would otherwise be discarded will now be given a second life, which enables the company to help reduce waste. ...
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News briefs
OIA with new directors
The US Outdoor Industry Association (OIA) members elected four new directors, Keith Carrato, Gerber Gear VP and General Manager; Jahmicah Dawes, owner and founder of Slim Pickins; Tentree President Diana Seung; and Mountain Hardwear President and Global GM Troy Sicotte. They join three incumbent directors, Alison Hill, CEO of LifeStraw; ...