General Outdoor – Page 12
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News briefsMustang Survival and Wing Group with new leadership
Source: Mustang Survival Kenny Ballard Outdoor industry professional Kenny Ballard has been named the new president of Mustang Survival, a Canadian company designing and manufacturing lifesaving solutions for angling, sailing, paddling and boating since 1967. Ballard takes over from Juanita Killen, who assumed the role of interim ...
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News briefsTrusTrace completes $24m growth investment
Stockholm, Sweden, and Coimbatore, India-based SaaS company TrusTrace, which specializes in supply chain traceability and regulatory compliance, closed a $24 million investment round led by Circularity Capital, an investor specializing in companies advancing the circular economy, with participation from existing investors Industrifonden and Fairpoint Capital. According to Shameek Ghosh, CEO ...
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News briefsPolygiene’s Addmaster returns to its roots
In response to customer feedback, antimicrobial technology label Addmaster, part of the Polygiene Group, is reverting to its original name, Addmaster, effective Jan. 18, 2024. As part of this response to customer feedback, the company has launched a new standalone website. While it remains an integrated part of the Polygiene ...
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News briefsPeak Design becomes member of US Conservation Alliance
Peak Design is joining The Conservation Alliance (TCA), a US coalition of like-minded member organizations working to protect wilderness and natural areas, as its newest Pinnacle Member with a $100,000 annual commitment to the organization. Peak Design’s contribution helps fund TCA’s highly diversified grantmaking portfolio, corporate advocacy program, and core ...
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News briefsManfred Steiner appointed new CFO of Oberalp
Source: Oberalp Group Manfred Steiner The Oberalp Group, based in Bolzano, Italy, has appointed Manfred Steiner as its new Chief Financial Officer, succeeding Manuel Stecher. Steiner joins Oberalp with over 17 years of experience at Austria-based Gronbach, an international high-tech company specializing in the production of components ...
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News briefsNew distribution deal for P.A.C. in Italy
Nov.ita is the new exclusive distributor in Italy ot the P.A.C. brand, the German specialist in multifunctional headgear and socks. Nov.ita, founded in 1988 and based in Turin, already distributes other brands for outdoor enthusiasts in the country, including Buff, Camelbak, Lifestraw, Montane, Eisbär, Cocoon and more. P.A.C. operates its ...
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ArticleEquip Outdoor appoints new CEO
Source: Equip Outdoor Technologies Richard Leedham Equip Outdoor Technologies UK Ltd., the parent company of Rab and Lowe Alpine, has announced the appointment of Richard Leedham as CEO after the company’s owner, Matt Gowar, announced he will step down from the position of CEO in November 2023 ...
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News briefsPETA files complaint to FTC against misleading animal welfare claims by SFA
PETA submitted a complaint on Jan. 10 to the US Federal Trade Commission (FTC) pointing out that the Sustainable Fibre Alliance (SFA), whose members include Burberry, J.Crew, M&S and Inditex, is misleading consumers with its Cashmere Standard certification. Despite claiming to “ensure the welfare of goats,” the certification allows for ...
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News briefsOR partners with Nikwax to transition away from intentional PFAS use
With its Fall 2024 collection, Seattle-based outdoor apparel manufacturer Outdoor Research (OR) unveils new materials and DWR technologies on its best-selling and now most sustainable rain collection, paired with the brand’s most significant sustainability efforts to date. The redesigned Foray and Aspire waterproof shell collections feature AscentShell ...
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News briefsRenewcell to lay off 30 employees
In November 2023, the Swedish textile recycler Renewcell announced that it had been forced to conduct a strategic review due to financial strains and liquidity problems as a result of declining sales volumes. The company has now completed the restructuring, which has led to the dismissal of 30 employees, i.e., ...
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ArticleSolo Brands updates FY 2023 guidance, announces leadership change
Solo Brands, Inc., the parent company of the Solo Stove, Chubbies, Oru Kayak, Isle and Icy Breeze brands, announced the appointment of Christopher T. Metz as its new President, Chief Executive Officer and Director of the Board, effective Jan. 15, 2024. Metz succeeds John Merris, who will be stepping down ...
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News briefsCoDi promotes members of the investment team
Compass Diversified (CoDi), the Connecticut-based owner of PrimaLoft, Boa Technology, 5.11 and Velocity Outdoor, has promoted Raj Dalal from principal to partner and promoted two other members of its investment team. Dalal will lead the team in the firm’s office on the West Coast, where he will be responsible for ...
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News briefsNewell restructures again
Newell Brands, the parent of Marmot, Coleman, Contigo and other outdoor brands, will spend up to $90 million as part of a renewed reorganization that will cut about 7 percent of its office jobs, with most of the costs and reductions occurring by the end of the year. The reorganization ...
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ArticleWolverine Worldwide on FY course, Merrell to grow beyond trail
Wolverine World Wide, Inc. provided an update on its preliminary, unaudited financial results for FY 2023 and its ongoing transformation efforts ahead of its presentation at the 2024 ICR Conference this week. “We’re executing the stabilization phase of our strategic transformation with tremendous pace while redesigning Wolverine Worldwide for the ...
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ArticleOsprey sales strong for Helen of Troy
Osprey sales grew in Great Britain, Germany, and France during Q3, driven by strong travel demand and a “robust product line-up.” Helen of Troy executives said the outdoor brand, which introduced a redesigned Sojourn travel series last fall, continues to exceed its expectations. Meanwhile, the parent continued to see consumer ...
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ArticleStrava Year In Sport Report shows social connections are the biggest motivator
Strava has released its Year In Sport: The Trend Report, highlighting global trends among active people across all generations. It reveals that Generation Z’s behaviors and habits differ from other generations, but they also have different motivators, barriers and interests when it comes to staying active. For the report, Strava ...
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News briefsNew 1-hp exoskeleton from China for physical support during outdoor activities
Hypershell, a Shanghai-based robotics startup funded by Y-Combinator China, will unveil the Hypershell ProX at the Consumer Electronics Show (CES) 2024 at the Las Vegas Venetian Expo from Jan. 9-12, 2024. Source: Hypershell Hypershell ProX The Hypershell ProX is an exoskeleton designed for running, hiking, long-distance trekking ...
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News briefsGOTS gains recognition in the Green Button 2.0 scheme
Based on the recommendation of the UN-ITC, the German Federal Ministry for Economic Cooperation and Development (BMZ) has recognized the Global Organic Textile Standard (GOTS) as meeting the requirements for the production processes for the Green Button 2.0.GOTS can be used as verification for the areas of production and wet ...
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News briefsAmer files registration statement with SEC for projected IPO
Finnish Amer Sports, Inc., which includes the Arc’teryx, Salomon, Wilson, Peak Performance and Atomic brands, among others, announced on Jan. 4, 2024, that it has filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission for a proposed initial public offering of its common stock. The ...
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News briefsAluula announces short-term loan
Canadian materials technology company Aluula Composites Inc. has announced that its wholly owned subsidiary Aluula Composites Canada Inc. has obtained a $1,000,000 term loan from a non-contracting party. The loan bears interest at 12 percent per annum and is due and payable on July 1, 2024. The company intends to ...
