All General Outdoor articles – Page 243
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ArticleOutdoor company stocks continue to gain ground in Q2
From the first quarter to the second quarter of 2021, the 32 outdoor stocks we track were up 13.82 percent. Neither the bike nor the retail companies had a major impact here, but rather a few of the large groups such as Anta Sports, Vista Outdoor and American Outdoor Brands, ...
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News briefs
Buff reports 63% growth
Original Buff, the Spanish headwear and neckwear company, saw its revenues soar by 63 percent to €85 million during the financial year ended April 30, thanks to multiple reasons. It benefited from the increased popularity of outdoor activities during the Covid-19 pandemic, the launch of its anti-Covid face masks and ...
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News briefsKathmandu group issues profit warning
The new Covid-related retail lockdowns in Australia have negatively affected the profitability of Kathmandu Holdings. Its guidance for the financial year ending July 31 has been reduced to underlying Ebitda of 120 million New Zealand dollars (€71.3m-$84.1m) on revenues of NZ$ 930 million (€552m-$651m), which would compare with Ebitda of ...
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ArticleBluesign releases its revised 2021 chemical substances lists
St. Gallen-based company Bluesign has just released its revised standard lists for the restrictions for chemical substances in textile production and supply chains, relevant for all Bluesign system partners. The revision incorporates new scientific knowledge on the toxicological and ecological profile of substances, the new legal classification ...
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News briefs
Authentic Brands Group files for IPO
Confirming rumors that have circulated in the past few weeks, the rapidly expanding Authentic Brands Group (ABG) has filed for an initial public offering. It said it seeks to raise $100 million through an IPO on the New York Stock Exchange, but it did not indicate yet the timing, how ...
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News briefsYKK partners with GTT for sustainable water protection on zippers
Zipper and fastening products manufacturer YKK has entered into a licensing agreement with Green Theme Technologies (GTT) to use their water-free and non-toxic Empel water protection polymer technology on zippers. GTT is specializing in sustainable performance textile finishes, and PFC-free Empel is now being utilized on zippers for the first ...
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ArticleSales in Austrian sports retail strongly divided in 20/21 winter season
Pointing to the strongly diverging business development for Austrian retailers (depending on location and product range focus), the national Association of Sporting Goods Manufacturers and Suppliers (VSSÖ) provided a first summary for the full year 2020 and the winter season Q4, 2020, and Q1, 2021. According to the association, total ...
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ArticleOpen-air premiere of The Big Gear Show with focus on retail education
After the originally scheduled 2020 premiere of The Big Gear Show (BGS) was postponed due to the pandemic and moved from an indoor venue in Salt Lake City to an outdoor venue in Park City, Utah, the final schedule for the Aug. 3-5 event has now been set. The ...
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News briefsThe Renewal Workshop closes $6 million investment round
Secondhand solutions specialist The Renewal Workshop (TRW), a B Corp headquartered in Cascade Locks, Oregon, with offices in Amsterdam, has secured $6 million following a successful funding round from investors including Rubio Ventures, Shift Invest, Quadia, Closed Loop Partners, Fashion for Good, Gratitude Railroad, Portland Seed Fund and others. TRW ...
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News briefsInfinited raises €30 million, Adidas among new investors
Finnish circular textile technology company Infinited Fiber Company, which just signed a multi-year distribution agreement for its regenerated textile fiber called Infinna with Patagonia, has secured investments totaling €30 million in its latest financing round closed on June 30. The round also brought Infinited new investors, including sportswear company Adidas, ...
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News briefsDometic acquires Büttner Elektronik
Scandinavian Outdoor Group (SOG) member Dometic keeps on buying companies internationally: On July 2, it acquired Büttner Elektronik, a German provider specialized in mobile power solutions for the outdoor segment, including solar power solutions, batteries and battery chargers. The company’s 2020 net sales (primarily sold in Germany) were approximately €13 ...
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News briefsLeki to relaunch with new corporate identity, logo and technologies
Leki, known for its ski, hiking and Nordic walking poles as well as the Trigger system, has unveiled to its business partners a new brand logo and company image after 33 years. From 2022, the new corporate identity is intended to appeal to the entire and very diverse target group ...
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ArticleAuthentic Brands moves Spyder license to Liberated Brands
Authentic Brands Group (ABG) has announced the transition of its core licenses for its ski-focused Spyder brand to Liberated Brands. Under the terms of the new long-term agreement, Liberated Brands will assume outerwear and apparel sourcing, product design, marketing, wholesale, e-commerce and retail store operations across the U.S., Canada, Australia, ...
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ArticleOrganic cotton reaches record volumes and is projected to grow by 48% this year
The 2019/20 year saw the largest volume of organic cotton fiber harvested globally to date. According to a new report by Textile Exchange, it marked the fourth year in a row that organic cotton production has increased. Furthermore, growth is set “to skyrocket” in 2020/21. The positive trend is being ...
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News briefsIcebreaker releases fourth Transparency Report, focuses on plastic-free goals
Icebreaker, a brand of VF Corp., has released its fourth Transparency Report. A major highlight in the latest edition of the report reveals that 91 percent of the brand’s total fiber composition is now merino or plant-based, up from 87 percent in 2020. Icebreaker forecasts to sell more than 1.3 ...
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News briefsDeuter with new key account manager national sales
Source: Deuter Ingo Walkner Ingo Walkner has joined Deuter’s sales team as national key account manager. Already on Feb. 1, he succeeded Martin Zanker, who has been promoted to head of e-commerce and own retail. In his new role, Walkner, who was most recently working at ...
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News briefsClarus finalizes acquisition of Rhino-Rack
Clarus Corp., the Utah-based parent company of Black Diamond and Pieps, among others, has completed the acquisition of Australia-based Rhino-Rack Pty Ltd, which we previously reported. Rhino-Rack will continue to operate independently as a wholly owned indirect subsidiary of Clarus and will form a third reporting segment. Clarus acquired Rhino-Rack ...
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News briefsArtilect becomes future Nuyarn reference brand
The new Boulder, Colorado-based outdoor brand Artilect and New Zealand-based TMC Ltd, owner of the spinning technology Nuyarn, are starting a material and design collaboration for Artilect’s first range of technical apparel and accessories to debut this fall. Nuyarn forms the basis for the collection, consisting of base layers, mid-layers ...
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News briefsTimberland announces global product take-back program in partnership with ReCircled
Source: ReCircled Circular economy: the ideal world needs a different infrastructure Timberland is kicking off a product take-back concept. After launching in the U.S. in August 2021, the program will expand to EMEA this fall and to the APAC region in spring 2022. Developed in partnership with ...
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ArticleClimate Action Corps publishes Progress Report, aims to become climate positive industry by 2030
The U.S. Outdoor Industry Association’s (OIA) Climate Action Corps, launched in January 2020, unveiled its first Annual Impact Report to mark year one progress and announced an unprecedented goal to become the world’s first climate-positive industry by 2030. To address the threat of climate change, a diverse group of more ...
