Hiking & Trekking – Page 4
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ArticleIcebug to open first store in Stockholm
Swedish shoe label Icebug unveiled it will soon open its first brand store in Bibliotekstan, at Norrlandsgatan 10, with a sales area of approximately 80 square meters. Bibliotekstan is an exclusive shopping district in Stockholm around Biblioteksgatan in the heart of the city, but the area also includes parts of ...
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ArticleTeva celebrates 40th anniversary with ‘Where to Next?’ campaign
Born in the Grand Canyon in 1984 by a resourceful river guide looking for a way to prevent sandals from floating downstream, US outdoor footwear brand Teva introduced the world to the first sport sandal. To celebrate this major milestone, the brand, a division of Deckers Brands, has introduced its ...
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News briefsArc’teryx’s Covent Garden flagship now open
Arc’teryx opened its new flagship store in London, announced last year, on Feb. 29. The store is located in a refurbished landmark building at 41-42 King Street in Covent Garden and spans 740 square meters. It offers a wide range of technical equipment, footwear and accessories for trail running, climbing, ...
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ArticleVista Outdoor rejects unsolicited offer from MNC Capital
Vista Outdoor announced on the morning of March 4, 2024 that its Board of Directors, after consultation with its financial and legal advisors, has rejected the unsolicited expression of interest from MNC Capital in which MNC expressed an interest in acquiring Vista Outdoor in a cash transaction for $35 per ...
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ArticleVista Outdoor receives takeover bid of $2.9bn for entire group
Vista Outdoor unveiled it has received an offer of $35 per share in cash from the investment firm MNC Capital on Feb. 19, 2024, corresponding to a valuation of $2.9 billion including debt. The offer was made for the entire group, i.e., both the Outdoor business, soon to be listed ...
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News briefsOdlo migrates online business to Scayle
Sportswear brand Odlo has chosen Scayle’s enterprise commerce platform to future-proof its online business. The launch of Odlo’s new online presence is planned for early 2025. The move to Scayle will provide the Swiss-based functional apparel manufacturer with a flexible and expandable e-commerce platform optimized for B2C brands and retailers. ...
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ArticleRocky Brands’ Q4 sales drop 9.3% due to unexpected headwinds
Rocky Brands reported sales of $126.0 million in the fourth quarter of 2023, down by 9.3 percent compared to the year-earlier but still an improvement on the previous quarter and the slowest rate of sales decline for the year. Sales were down by 6 percent when service brand sales, divested ...
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ArticleCoDi believes inventory will become tailwind in 2024
After a difficult 2023, where inventory destocking negatively impacted results at its four outdoor-related businesses, Compass Diversified (CoDi) is banking on a “much higher level of growth” for many of its consumer businesses this year. Additionally, the group, which has eyes on more companies and brands in its portfolio, says ...
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OpinionAn open letter from Mark Held on the future of outdoor trade shows
The European Outdoor Group (EOG) asked Mark Held, its co-founder and former President, for his take on the situation regarding trade shows as a whole. In response, Mark wrote an open letter to the industry from his own perspective.
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ArticleNikwax achieves carbon emissions targets 18 months ahead of schedule
Nikwax, the UK-based maker of technical cleaners and waterproofing products for outdoor gear and apparel, has announced a significant milestone in its sustainability journey by successfully achieving its Scope 1 and Scope 2 carbon emission reduction goals 18 months earlier than initially planned. In its first Sustainability ...
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News briefsNew CEO for Bergans
Source: Bergans Bergans’ new CEO, Silje Garberg Ree The Board of Directors of Bergans Fritid AS has appointed Silje Garberg Ree as CEO. She succeeds Jan Tore Jensen, who had led the company since 2018 and announced his decision to step down in September 2023. The company’s ...
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News briefsSamsonite looks at options after reported takeover interest
Samsonite, the parent company of Gregory, High Sierra, Xtrem and other luggage and bag brands, is considering options, including going private after receiving a takeover offer from undisclosed bidders, Bloomberg reports, citing sources said to be familiar with the matter. Some private equity firms have reportedly analyzed a deal with ...
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News briefsPatagonia teams up with Eastman to address textile waste
Outdoor clothing brand Patagonia and global specialty materials firm Eastman teamed up to recycle around 3,600kg of pre- and post-consumer clothing waste, which Eastman processed through its molecular recycling technology. The process consists of breaking down unusable apparel from the outdoor brand into molecular building blocks that Eastman can use ...
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News briefsFifth Fair Wear Foundation Leader Status for Ortovox
The southern German mountain sports specialist Ortovox has been awarded Leader Status (73 points) by the Fair Wear Foundation – for the fifth time since 2018. “This recognition means a lot to us,” said Katrin Bauer, Director CSR. “It shows that our efforts to do business responsibly are successful.” Last ...
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ArticleAnnual US Outdoor Adventures Industry survey released
Outdoor Adventures Connection, a US-based platform dedicated to connecting adventure seekers with outdoor experiences, released the findings of its annual Outdoor Adventures Industry Survey. The report, which encompasses data from across the US, assesses current trends, challenges, and opportunities within the outdoor adventure sector and offers valuable ...
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News briefsGo Outdoors to open Express store in major Newcastle mall
UK retailer Go Outdoors, part of JD Sports Fashion, has confirmed that it will open a store later this year at Metrocentre, one of Europe’s largest shopping malls, in Gateshead, near Newcastle. The shopping mall was opened in 1986 and contains around 330 retail outlets. The store will present itself ...
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ArticleThule’s sustainability targets confirmed
The Science Based Targets initiative (SBTi) promotes ambitious climate protection measures in the private sector by allowing companies to set science-based targets for reducing greenhouse gas emissions. Thule Group’s targets for Net-zero have now been approved by the organization. This is an important endorsement of the company’s sustainability ambitions. In ...
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ArticleSports Direct launches Outdoor, starting at Cardiff flagship
British retailer Sports Direct is expanding its range to include outdoor products from Feb. 23, starting at its new Cardiff flagship store in Wales, a 5,580-sqm store that spans across three floors and also features specialist sporting areas for Sports Direct’s football, rugby, and running categories, as well as dedicated ...
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Article‘No air freight,’ says Icebug – and has good reason for it
Swedish footwear manufacturer Icebug has spoken out against air freight in an open letter – despite the current transportation challenges in the Red Sea. The owner-managed company had already set itself the goal of reducing CO2 emissions by at least half by 2030. To achieve this goal, it is essential ...
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ArticleNewell Brands announces changes to the Board
Newell Brands, the Atlanta-based group that owns several consumer goods brands, including outdoor brands Marmot, Coleman, Contigo and Campingaz, announced changes to its Board of Directors. James “Jim” Keane, retired President & Chief Executive Officer of Steelcase Inc., has been elected to the company’s Board of Directors, effective Feb. 15, ...
