All General Outdoor articles – Page 244
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News briefsEcco invests in advanced green technology
Danish footwear brand Ecco has acquired a 30 percent stake in Danish startup Bioscavenge, which specializes in water treatment technologies and the development and implementation of new methods for water treatment plants. Over the past two years, Ecco has already collaborated with Bioscavenge on a research and development project to ...
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ArticleSilva acquired by growth equity investor, paving way for expansion
Verdane, a Northern European specialist growth equity investor, has acquired the Swedish brand Silva, manufacturer of high-quality compasses, headlamps, and sports equipment, founded in 1933. Silva had been in the hands of Scandinavian private equity investment firm Karnell (K3 Fund) since 2011 when it acquired the brand from Fiskars, which ...
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News briefsVF sells its Work segment, except Dickies and Timberland Pro
After announcing in April that it had reached a definitive agreement to sell this business unit, VF Corp. announced that it has completed the divestiture of the workwear portion of its Work segment to an affiliate of Baltimore-based Redwood Capital Investments, LLC, a diversified holding company. The transaction includes the ...
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News briefs
Lenzing receives two awards
Lenzing received an award in the business competition Austria’s Leading Companies, which is organized by PwC Austria, the daily newspaper Die Presse and KSV1870, a credit protection company and business platform. The award recognizes the country’s most successful companies. Lenzing won the first prize in the “Climate protection” category. In ...
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ArticleZDHC releases second Impact Report
Zero Discharge of Hazardous Chemicals (ZDHC), the multi-stakeholder organization based in Amsterdam, has released its Impact Report 2020, highlighting the progress made since its first Impact Report in 2019. In 2020, 15 new Brand contributors and three new Friends joined ZDHC on its collective journey towards sustainable ...
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News briefs
Oros secures $14.5 million in Series A funding
Oros says it has received $14.5 million in a Series A funding round led by Elizabeth Street Ventures and Enlightenment Capital. Based in Portland, Oregon, Oros is an American start-up that leverages emerging NASA technology to develop advanced thermal materials and high-performance, low-impact apparel. The brand has developed a new ...
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News briefsHestra relaunches webstore to grow and expand its business
Swedish glove specialist Hestra, founded in 1936, is expanding its digital business. As reported by ehandel.se, the company has been working with e-commerce agency Grebban for the past year to develop a global and modern e-commerce solution. Chris Weber, country manager Central Europe, told The Outdoor Industry Compass that the ...
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ArticleCanada Goose to drop all animal fur by end of 2022
Source: Peta Germany Shortly after introducing its new Fur Buy Back program to recycle fur for apparel, Canada Goose announces its complete withdrawal from the use of real animal fur on its products in a press statement. Through a phased approach, Canada Goose will end its purchasing ...
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News briefs
Facebook tests AI for store interaction with Instagram
Facebook said it plans to test an artificial intelligence tool in the coming months. Called “visual search,” it would allow Instagram users to click on the photo of a shared item and find similar products in its Facebook Shops application. The company said it would also introduce personalized ads based ...
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ArticleBergfreunde and the reduction of e-commerce’s carbon footprint:
“We are pioneers”Germany-based Bergfreunde GmbH (bergfreunde.de), part of the U.S.-based Backcountry Group (backcountry.com), is an online-only retailer selling outdoor clothing and equipment in a total of 14 European markets. In 2020, it generated sales of €155 million. In April, Bergfreunde joined the Science Based Targets Initiative (SBTi), making a public commitment to ...
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News briefsRevolutionRace completes successful IPO
Swedish outdoor company RevolutionRace, founded in 2013 by Pernilla and Niclas Nyrensten, completed its IPO on Nasdaq Stockholm on June 16 at a valuation of 8.47 billion Swedish kronor (about €838m-$1bn). It is quite rare for a new company to be listed on the Nasdaq Stockholm stock exchange’s main list. ...
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News briefsBrandan Hoffmann will be Wolverine’s new CEO
Source: Wolverine Worldwide Blake Krueger (left) and Brendan Hoffman Blake Krueger is gradually relinquishing his duties at Wolverine Worldwide, where he worked for 28 years, most recently as president and CEO since 2007 and additionally as chairman since 2009. Brandan Hoffmann, who took his place as president ...
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ArticleSasta wins Scandinavian Outdoor Award for plus size jacket
In an online ceremony hosted by the Scandinavian Outdoor Group (SOG), two Finnish companies were among the six winners of the Scandinavian Outdoor Awards for Spring/Summer 2022: Sasta (based in Nurmes) and Halti (headquartered in Vantaa, Lapland). Source: Sasta / SOA Sasta Mella Jacket The Overall ...
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News briefsMaker of Empel molecular water protection secures $3.5 million in financing
Following a successful Series A round, New Mexico-based Green Theme Technologies, Inc. (GTT), a developer of sustainable and water-free textile technologies, reached its goal of $3.5 million in its first Series B closing. The funds raised will be used to further develop its sustainable platform technologies, including the Empel water-free ...
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News briefsGoPro allows third-party developers to integrate Hero9 Black into their solutions
GoPro has just announced a new open API for third-party developers/apps called Open GoPro that will allow them to integrate with their cameras, starting with the GoPro Hero9. The API (Application Programming Interface) enables a range of functions via wireless interfaces, including control as well as media transfer. With Open ...
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News briefs
Thermore unveils new Ecodown Fibers Genius
Thermore, based in Milan, Italy, has introduced Ecodown Fibers Genius, a new filling made of free fibers 100 percent recycled from PET bottles that the manufacturer says makes free fibers a global platform for apparel and should finally win over previous skeptics who prefer rolled insulation. Thermore says the new ...
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News briefsMarketmedia24 forecasts growth of German athletic footwear industry until 2028
Market researchers from the Cologne-based market research and consulting institute Marketmedia24, who calculate future prospects for numerous consumer goods markets based on scientific methods, have concluded that the German athletic footwear industry does not have to worry much about future sales. According to the report, there will be a steady ...
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News briefsZDHC Foundation joins Microfibre Consortium as research member
The Amsterdam-based ZDHC Foundation (ZDHC) became part of The Microfibre Consortium (TMC) as a research member to help develop science-based solutions for the textile industry to minimize fiber fragmentation and release to the environment during textile manufacturing and the product life cycle. The Microfibre Consortium (TMC) is part of the ...
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Articlebd-capital invests in shopping club SportPursuit
SportPursuit, a flash sales website for premium outdoor and sports gear currently selling mainly in the U.K. and Germany, announced its partnership with bd-capital, a London-based, pan-European, operationally managed private equity firm established in 2019. According to a company statement, bd-capital’s investment, which was not disclosed in a detailed manner, ...
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ArticlePentland’s report on modern slavery exposes critical supply chain practices
Source: Hermes Rivera on Unsplash In its Modern Slavery Report 2020, Pentland Group – with its core business, Pentland Brands, managing a portfolio of owned brands including Berghaus, Endura, Speedo, Canterbury, Mitre and KangaROOS, among others – looks back on a year that has presented unprecedented challenges ...
