All Hiking & Trekking articles – Page 98
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News briefsBystronic finalizes sale of Mammut
Bystronic, the Swiss holding company previously called Conzzeta Group, has announced the completion on June 30 of the sale of the Mammut Sports Group to Telemos Capital for an enterprise value of 230 million Swiss francs (€209.7m-$248.6m), including an earn-up of up to CHF 45 million (€41.0m-$48.6m). The figure is ...
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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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ArticleCalida Group to sell Millet Mountain Group
Following the successful divestments of Oxbow and Eider, the Swiss Calida Group now intends to continue its strategic focus and concentrate on its core lingerie and underwear business with a sharpened brand portfolio by selling off the rest of its outdoor brands. Recent business developments have illustrated, the company said, ...
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News briefs
Oberalp names Marion Alexandre head of Southern Europe
The Oberalp Group has appointed Marion Alexandre as general manager of Southern Europe, effective June 1. Alexandre will be in charge of the territories of France, where she has taken over the role from Pierre-Jean Touchard, as well as Spain, Portugal and Andorra. Most recently, Alexandre served as global commercial ...
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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 briefs
La Sportiva opens store in Cortina
La Sportiva has opened a new store in Cortina d’Ampezzo, in the heart of the Dolomites. It is the 11th brand store La Sportiva in Europe. The store, located at Corso Italia 198, sells products for both winter and summer sports, including climbing, trail running, mountaineering and trekking. In addition ...
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News briefsNorrøna offers transparency in e-commerce through Higg Index sustainability profile and material seal
To ensure transparent and efficient communication with consumers, Norrøna is the first brand in the outdoor industry to embed the Higg Index Sustainability Profile and Higg Index Material Seal on its e-commerce platform using a standardized scorecard. The Higg Index was developed by the Sustainable Apparel Coalition (SAC), of which ...
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News briefs
Superfeet acquired by private equity firm
Seattle-based private equity firm Westward Partners has acquired Superfeet, an insole manufacturer founded in 1977 and based in Ferndale, Washington, about 160 km north of Seattle. Terms of the transaction were not disclosed. Westward will take over majority ownership of the company from its workers since it was owned by ...
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News briefs
Asolo with new distribution in Benelux
Asolo Srl, the Italian outdoor footwear brand founded in 1975, will be represented in Belgium, the Netherlands and Luxembourg by Dutch agency Technolyt starting with the new spring-summer 2022 season. Asolo said it chose this new collaboration and distribution through Technolyt “because we share the same values in the outdoor ...
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ArticleAnta Sports publishes profit warning
Amer Sports’ profitability is apparently improving faster than that of the rest of the Anta Sports Group. In a profit warning, Anta, which heads up the joint venture that took over the group two years ago, says it expects a decline in the losses of a joint venture, which we ...
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News briefsVaude opts for transparency and discloses product supply chains in its web store
Just days after the German parliament passed the new Supply Chain Act, outdoor brand Vaude is making a clear statement: With a new addition to the product information on vaude.com, the German brand provides full transparency of the supply chain of every Vaude product on its own website. For each ...
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ArticleEDM Interview Series #02-2021:
Stellar Equipment ABIn part 2 of EDM’s new Interview Series, we spoke with Stellar Equipment’s COO, Mikael Janerås.
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ArticleRab & Lowe Alpine release first sustainability report
British companies Rab and Lowe Alpine have just published their first official sustainability report (direct PDF download), covering the 2020/21 fiscal year. The two brands owned by Equip Outdoor Technologies have identified four pillars for their CSR efforts: Product, Planet, Partners and People. Within the “Product” theme, the main points ...
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News briefsAsolo opens new factory in Romania
Already in April, Italian hiking and leisure footwear company Asolo has opened a new factory in Sibiu, Western Romania, in the presence of the president of Asolo Srl, Marco Zanatta, local authorities, international customers and partners. Asolo RO, an Asolo Group company founded 23 years ago, has already moved its ...
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News briefsJack Wolfskin hires Selim Say as VP Footwear
Source: Jack Wolfskin Selim Say As part of the strategic realignment under new CEO Richard Collier, Jack Wolfskin is strengthening its footwear division and making it a key focus with the hiring of footwear expert Selim Say as vice president footwear, a newly created position. Say will ...
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News briefs
OX Outdoor Sport Expo in Italy on June 11-13
Organized by VDA Trailers, the OX Outdoor Sport Expo will take place from June 11 to 13 in Courmayeur and Val Veny, a lateral valley to the Mont Blanc massif. The consumer event village will be hosted at Monte Bianco La Sorgente Camping, where outdoor brands can present their products ...
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News briefs
Garmont announces new distributor for U.K. and Ireland
Garmont, the Italian outdoor footwear brand founded in 1964, has announced the appointment of Ultra Sport EU as its exclusive distributor for the U.K. and Ireland. Ultra Sport EU has been distributing well-known action sports brands for over 40 years and is now adding outdoor footwear to its portfolio with ...
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News briefsRecco extends reflector technology to outdoor footwear and apparel
As more people choose to play outside and explore the mountains and backcountry, the need for professional search and rescue organizations to be able to quickly find missing or injured people is greater than ever. Recco has therefore introduced a new line of three reflectors designed primarily for outdoor clothing ...
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News briefs
UPDATE: RevolutionRace goes public
According to ehandel.se, RevolutionRace from Sweden has published its prospectus and IPO price on June 7 (we reported earlier). The latter lands at SEK 75 (€7.44-$9.06) per share, which corresponds to a market value of just under SEK 8.5 billion (€843m-$1.02bn). Founders Pernilla and Niclas Nyrensten, who currently own 34 ...
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News briefsSchöffel launches first fully digital sell-in tool for summer 2022
Following a major digitalization effort, Schöffel Sportbekleidung is using a new digital Schöffel Brand Space for its sell-in. The sales tool offers information, training and ordering options as well as assets for everyday business after the pandemic. In the three-dimensional digital space, Schöffel retail partners can explore the brand and ...
