General Outdoor – Page 8
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News briefs
Bain Capital reportedly plans to help Snow Peak go private
Late last week, several media outlets worldwide reported that the US buyout fund Bain Capital is planning to take Japanese outdoor manufacturer Snow Peak private in a management buyout valued at 50 billion yen ($333 million). Snow Peak responded on Feb. 16 that the news was not based on a ...
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Article
Helinox announces global leadership team
Young Lah, Global CEO of Helinox, has appointed a new global leadership team to position the company for further growth and product category expansion. Source: Helinox Andrew Shand, Helinox President und Global COO As part of these changes, Andrew Shand was promoted to Helinox President and Global ...
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News briefs
Intertextile to feature 3,000 exhibitors
The spring edition of Intertextile Shanghai Apparel Fabrics, China’s biggest fabrics trade show, will showcase the collections of some 3,000 domestic and international exhibitors. The event will be staged at the National Exhibition and Convention Centre in Shanghai on March 6-8, in a 190,000 sqm exhibition area. The show is ...
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Article
Yeti misses Q4 sales mark, but international soars
Yeti is forecasting sales growth of 20-25 percent in 2024 from all markets outside the U.S. after stellar results from the segment in FY23. The group’s international sales expanded by 28 percent last year to nearly $260.7 million, fueled by momentum in Europe, where the brand is now carried in ...
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Article
Elevate Outdoor Collective launches Collective Progress Initiative
With the launch of the Collective Progress Initiative, Elevate Outdoor Collective’s (EOC) global brands – K2 Skis, K2 Snowboarding, Marker, Dalbello, Völkl, Ride Snowboards, Line Skis, Backcountry Access, Atlas Snow Shoe Co, Tubbs Snowshoes, Madshus and K2 Skates – are working hand-in-hand to eliminate waste and maximize the recyclability and ...
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Article
HeiQ appoints CEO for HeiQ AeoniQ Holding
Source: HeiQ Julien Born, CEO of HeiQ AeoniQ Holding Swiss ingredients brand HeiQ has announced the appointment of Julien Born as Chief Executive Officer of HeiQ AeoniQ Holding, where he will drive the growth of HeiQ AeoniQ, a specialty cellulosic fiber. Born brings extensive leadership skills and ...
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News briefs
INOV8 opens first store in a UK city
British running, walking and fitness brand INOV8 has chosen Sheffield as the location for its first store in a UK city. The store opened on Feb. 1 at Dyson Place on Sharrow Vale Road and has created five new jobs. It sells INOV8 branded footwear, clothing and equipment for runners, ...
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Article
VF appoints Caroline Brown to the board after aligning with activist investor Engaged Capital
Source: VF Corp. Caroline Brown VF Corp. has appointed Caroline Brown to the company’s Board of Directors, effective Feb. 14, 2024. The appointment follows constructive discussions with VF’s shareholders, including Engaged Capital, LLC. VF also intends to appoint an additional independent director in the near future by ...
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Article
Online course on reducing release of microfibers into wastewater by TMC and ZDHC
The Microfibre Consortium (TMC) has launched a new course designed to help textile manufacturers tackle the release of microfibres into wastewater during production processes. The e-learning program has been developed in partnership with Zero Discharge of Hazardous Chemicals (ZDHC). Based on their Preliminary Guidelines: Control of Microfibres in Wastewater, published ...
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News briefs
Polygiene says recovery in sight after difficult year
Polygiene, which suspended its long-term financial guidance in December, reported a Q4 operating loss of 302.4 million Swedish kronor (€26.7m) for the three months ended Dec. 31. Total sales fell by 23 percent to SEK 30.9 million (€2.7m) from SEK 40.0 million but gross margin expanded by 570 basis points ...
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Article
Maloja wins German Design Award 2024
The southern German outdoor brand Maloja Clothing invited its employees’ children to the office for a workshop on a school-free day – and has now been awarded a prestigious design award for the result, the German Design Award from the German Design Council, which recognizes particularly innovative design developments on ...
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Article
Allied Feather + Down partners with Nemo for expansion of the Renu:Trace program
Allied Feather + Down, a California-based specialist in high-performance, ethically sourced and recycled down, is expanding its Renu:Trace recycled down program with the help of New Hampshire-based Nemo Equipment’s Endless Promise circular product collection. Nemo will be the first brand to use Allied’s recycling program to produce the world’s first ...
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Article
Columbia’s Omni-Heat Infinity is going to space
Omni-Heat Infinity, a heat-reflective technology developed by Columbia Sportswear, will fly into space with the upcoming launch of the Nova-C lunar lander from Intuitive Machines, a space exploration company focused on advancing the commercial use of the moon. In lab simulations leading up to this launch, Intuitive Machines researchers have ...
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News briefs
New association of Italian int’l trade shows
IT-EX is the name of a new association of Italian international trade shows, created with the objective of promoting the interests of the sector and its internationalization. The new body, established on Feb. 7, was founded by Fondazione Fiera Milano with AIMPES Servizi, A.N.C.I. Servizi, ASSOMAC Servizi, CEU – Centro ...
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News briefs
Aluula announces appointment of new President
Canadian materials technology company Aluula Composites Inc. has appointed Sage Berryman as President. Berryman brings decades of executive experience to Aluula. With deep capital markets expertise, she has played a key role in leading transactions and partnerships valued at over $4 billion, specifically with innovative technology companies. Before joining Aluula, ...
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Article
Global winter sports industry unites around Climate Pact, to join UN Race to Zero campaign
The Winter Sports Sustainability Network (WSN), managed by Peak 63 and the Federation of the European Sporting Goods Industry (FESI), in collaboration with Snowsports Industries America (SIA), announced the establishment of a transformative Climate Pact, bringing together prominent ski, snowboard, binding and boot brands from Europe and the US in ...
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News briefs
Newell Brands’ Outdoor & Rec segment needs a turnaround
Newell Brands Outdoor & Recreation segment that includes Coleman, CampingGaz, and Marmot is the company’s business unit “in most need of a turnaround,” President and CEO Chris Peterson told analysts as the Atlanta company reported Q4 and FY23 results. The Outdoor & Rec business, which has a new marketing ...
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Article
GoPro counts on some wins despite Q4 and FY losses
GoPro is increasing its retail presence and product range while ramping up its brand exposure at global sporting events, despite reporting Q4 and FY23 operating losses and declines in revenues. Ten months since launching a multi-year growth strategy, the group says it can count on some wins despite the reported ...
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Article
USWE fails to meet Q3 target, strategic focus on North American distribution channels
USWE Sports AB, the Swedish parent company of USWE, Void Cycling and Giant Loop, reported a positive Ebitda in the last two quarters but missed this target in the third quarter (October-December) with an Ebitda of -1.4 million Swedish kroner (€-123,908). For the first nine months of the financial year ...
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News briefs
Archroma makes its Avitera SE technology more accessible
Archroma, the Swiss provider of dyes and specialty chemicals, has introduced Avitera SE Generation Next, which is said to make its Avitera SE technology accessible to more brands and mills for more cost-effective, sustainable dyeing of cellulosic fibers and blends. Thanks to an improved cost-to-performance ratio for new dark and ...