All General Outdoor articles – Page 134
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News briefsOlpro receives investment boost
British camping equipment specialist Olpro, founded in Worcestershire in 2011, has secured a £1,075,000 investment from the Midlands Engine Investment Fund (MEIF) through the MEIF West Midlands Equity Fund managed by Midven, part of the Future Planet Capital Group, to promote growth and increase operational capacity. Olpro will use the ...
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News briefsWeyco Group plans to expand more into outdoor footwear market
After a strong post-pandemic recovery, U.S.-based Weyco Group is looking to expand further into the outdoor footwear market through acquisitions, CEO Tom Florsheim said during a presentation at the Milwaukee Rotary Club. The footwear retailer is looking to further develop its various brand offerings to follow industry trends while maintaining ...
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ArticleGarmont with growth in 2022, U.S. and Germany at the top of the list
Garmont, the Italian outdoor footwear company founded in 1964, reported total sales of €40.5 million in fiscal 2022, up 60 percent from the previous year, and consolidated Ebitda of more than 16 percent. ”In 2022 we defined a strategy that allowed us to maintain our market positions while taking into ...
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News briefsTerms of reference for leather traceability alignment project Cotance signed
The Cotance initiative to align leather traceability systems has been taking shape since its inception in Sept. 2022. In monthly meetings, key leather-related certification system operators and interested CEN TC 289 standardization experts have been preparing to define minimum traceability standards and mandatory verification evidence together with the Cotance secretariat. ...
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News briefsYKK introduces new corporate logo and mantra
Japanese accessories specialist YKK has introduced its new corporate logo and brand motto. The company has gone through a restructuring of its business in April 2021, sharpening its focus on the fastening business, which includes zippers, snaps and buttons. According to the company, a website dedicated to the new corporate ...
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News briefsGRI kicks off working process on new reporting standard for the textile sector
The Global Reporting Initiative (GRI) has announced a new sector to be added to its existing standards: Textiles and Apparel. The new GRI Textiles and Apparel Standard sets out to apply to any organization with a primary focus on textile and apparel production and manufacturing, but also brands, retailers, and ...
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News briefsSBTi webinar provides info on FLAG target setting
The Forest, Land and Agriculture Guidance (FLAG) introduced by the Science Based Targets initiative (SBTi) at the end of 2022 (as reported in OIC) provides a standard method to set science-based targets that include land-based emission reductions and removals (relevant also for the production of wood-based cellulosic fibers). According to ...
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News briefsGlobetrotter campaigns for its greener choice-products
German retailer Globetrotter has declared March 2023 as the campaign month under the motto “Greener on the Road”. Besides consumer activations and information on the company’s sustainability efforts on-site and online (such as secondhand product and repair shops), Globetrotter celebrates the fifth anniversary of its in-house sustainability label “A Greener ...
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News briefsLatest major update of Higg Brand & Retail module released
Assessment tools and reporting standards are evolving quickly: At the same time that the Global Reporting Initiative announced the planned creation of a whole new sector for textiles and apparel, the Sustainable Apparel Coalition (SAC) has released a major update to its Higg Brand & Retail Module (BRM). With this ...
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ArticleCompass Diversified branded results impacted by PrimaLoft
Net income from continuing operations in Compass Diversified’s (CoDi) branded consumer companies related to sports, outdoor and apparel (5.11 Tactical, Boa, Marucci Sports, PrimaLoft, and Velocity Outdoor) declined by 81 percent to $2.79 million from $14.73 million in Q4, negatively impacted by operating losses at both PrimaLoft and Velocity Outdoor. ...
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News briefsSpinnova announces triple revenue in FY 2022, Woodspin factory in operation
In its full-year financial statement, the Finnish biomaterials company Spinnova reports significant growth in its staff as well as the company’s results. Full-year revenues grew to almost €24.3 million for 2022, which is an increase of more than 300 percent year on year. The company completed the construction of its ...
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News briefsMyClimate initiative for net zero travel on the growth path
With its eco-travel initiative “Cause We Care”, Swiss company MyClimate is offering various climate protection measures to tourists and companies like hotels and destinations. The project aims to minimize CO2 emissions related to travel and outdoor sports like skiing, biking or hiking at the local level, supporting climate protection locally. ...
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News briefsGlobetrotter creates lifecycle manager positions
Starting on March 1, German outdoor retailer Globetrotter is creating two new positions as product lifecycle managers. With their support, the company aims to expand existing initiatives, such as second-hand buying & selling and repair workshops, as well as develop new, innovative projects focused on extending the lifecycle of products. ...
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News briefsVibram partners with longtime collaborator
To bring some new production techniques “in house,” Vibram has signed a deal with Suolificio Negro, a Spanish specialist in soles and midsole-foam manufacturing for the outdoor and ski markets. According to a report in Diffusion Sport, the resulting products will be sold under the Vibram brand. The deal is ...
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ArticleNon-cash impairment charge drags Clarus to Q4 loss
Clarus Corp., whose management described 2022 as one of its most challenging years due to various macroeconomic headwinds, reported a net loss of $81.6 million against a profit of $14.0 million in Q4 ended Dec. 31. The result was impacted by a $92.3 million non-cash impairment charge. The fourth quarter ...
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News briefsFor better work: JAAF carries out training program for Sri Lanka industry stakeholders
A few months ago, Sri Lanka’s Joint Apparel Association Forum (JAAF) pledged to support the International Labour Organization’s (ILO) Better Work initiative for the country’s garment workers. Now the organization has carried out the first series of training workshops that are part of an ongoing program for the ministry of ...
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ArticleAfter an 18% decline in Q4, Rocky Brands expects sales to drop 7-9% in 2023
Rocky Brands expects sales to decline by about 7 to 9 percent in 2023 to $560-570 million from the $615.5 million seen in 2022, as it pointed to continued economic uncertainty after posting an 18.0 percent decline in revenues in the fourth quarter of 2022. “With the outlook for the ...
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ArticleGarmin's operating income drops in Q4, targets $5 billion for FY23
Positive currency effects of more than $44.5 million helped Garmin report a 2.5 percent increase in Q4 net income to $293.3 million from $286.1 million. Operating income decreased 15 percent to $267.2 million for the period ended Dec. 31, but gross margin improved to 57.0 percent from 55.5 percent. Total ...
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News briefsSecond European Adidas Terrex store opened in Salzburg
Adidas Terrex has opened its second concept store in Europe in Salzburg’s historic pedestrian zone, following the premiere of the specialist retail project in Munich in 2021. The new store is less than half the size of its Munich counterpart (176 sqm vs. 370 sqm) but carries the complete collections ...
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News briefsCascade hires David Fee as VP of sales and marketing NAPR
Cascade Designs has hired the former U.S. general manager of Castelli Cycling, David Fee, as its new vice president of sales and marketing for North America and the Pacific region. Fee will drive overall sales and marketing strategy for the region across all Cascade Designs product categories and distribution channels ...
