Latest News & Analysis – Page 102
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ArticleNew co-chair of The Fashion Pact hails from H&M
H&M Group’s CEO Helena Helmersson has been appointed co-chair of The Fashion Pact, succeeding the global CEO-led industry initiative’s co-founder, Kering Chairman and CEO François-Henri Pinault. Pinault had launched The Fashion Pact at the 2019 G7 Summit upon the invitation of French President Emmanuel Macron. The Fashion Pact represents one-third ...
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ArticleAs TNF and DTC continue to grow, VF Corp. has a turnaround strategy in place
VF Corp., which has begun a rigorous six- to 12-month process to find a new CEO, says it has a plan in place that will improve its sales and profitability fortunes over the next 12 months. It centers on continued growth for its The North Face (TNF), EMEA, and direct-to-consumer ...
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ArticlePrimus and Silva with joint sales subsidiary for Germany, Austria
After Silva Sweden AB acquired 100 percent of the shares in Primus AB from Fenix Outdoor AB on April 28, 2023, the two Swedish outdoor brands are operating as one company under the name Primus-Silva Sweden AB. For the German and Austrian markets, Primus-Silva Sweden AB is now establishing a ...
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ArticleRegistration for EOS 2023 now open
Delegate registration for the European Outdoor Summit (EOS) 2023 in Berlin, Germany, on Sept. 28-29 is now open. Early bird rates are available until June 21 (see below), and members of the European Outdoor Group (EOG) and the Federation of the German Sporting Goods Industry (BSI) are eligible for an ...
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ArticleWorldly introduces real-time factory data collection for Scope 3 calculations, ESG and compliance reporting
On May 16, Worldly (formerly Higg) announced its industry-first solution for collecting real-time data from factories along the supply chain. Now brands, retailers and manufacturers can share energy, water and waste data in near real-time and take action throughout the year. Access to this high-frequency, high-resolution data will better enable ...
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ArticleHarvard researchers develop 3D knitting method that can “print” entire soft robots
Researchers from the Harvard John A. Paulson School of Engineering and Applied Sciences (SEAS) have developed a new approach for additively manufacturing soft robotics, using a 3D knitting technology to “print” whole robots. The study, titled “3D Knitting for Pneumatic Soft Robotics,” is published in the Advanced Functional Materials journal. ...
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ArticleMips: Progressive supply chain strategy to reduce carbon emissions, new test facility in China
Mips, the Swedish helmet-based safety technology specialist, has unveiled its work on a holistic strategy that includes a model to determine and address carbon emissions generated during product development. This represents an opportunity for the company to better address its environmental impact. Because Mips outsources the manufacturing of its products, ...
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ArticleBleed fears business shutdown, attempts rescue via transparency and community support
Source: Bleed Founder and CEO Michael Spitzbart would like to save his company. Bleed, the sustainable outdoor label from southern Germany, should be celebrating its 15th anniversary this year. However, in an open letter/video on the brand’s website and Social Media (German-language video below), founder and CEO ...
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ArticleChristoph Engl, CEO Oberalp: “We observe that mountain experiences can take place in a virtual world”
Learn how Oberalp sees itself and the outdoor industry moving into the metaverse, what Second Life is and if turnover is still growing.
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ArticleUSWE reports ongoing consumer demand in Q3 despite challenging macroeconomic conditions
Despite challenging macroeconomic conditions, Swedish company USWE Sports AB’s net sales increased 27 percent in the third quarter (ending December 31, 2022). During the quarter, direct-to-consumer sales performed strongly, with demand for the group’s USWE, Giant Loop and Void brands increasing and online sales growing. However, distribution channels are still ...
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ArticleSales growth for Canada Goose in Q4 driven by EMEA, Asia Pacific
Higher direct-to-consumer revenues coupled with the absence of pandemic-related restrictions helped Canada Goose achieve double-digit revenue growth in the EMEA and Asia-Pacific regions in Q4 ended April 2. Period operating income was C$17.2 million (€11.9m) versus C$0.9 million, but the group reported a net loss of C$10.0 million (€6.9m) against ...
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ArticleBrompton Bicycle confirms first capital increase in 35 years
Source: Brompton Will Butler-Adams with the one-millionth Brompton bike Brompton Bicycle, known for its folding bicycles, has been independent since 1975 and is owned by founder Andrew Ritchie and current CEO Will Butler-Adams, their friends, families and employees. A partnership with BGF, one of the largest and ...
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ArticleLowa joins Fair Wear Foundation
As the first footwear-only manufacturer with production in Europe, Lowa has become a member of the Fair Wear Foundation at the beginning of 2023. The German outdoor footwear specialist, celebrating its 100th anniversary this year, is thereby committed to fair and responsible production processes along the entire supply chain and ...
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ArticleAlbrecht von Dewitz Foundation continues to support outdoor activities and environmental education in schools
The German Vaude Sport Albrecht von Dewitz Foundation has been supporting school projects throughout Germany with the “Outdoor macht Schule” (Outdoor is school) program since 2020. The aim of the program is to link outdoor activities and environmental education with each other and make mountain sports tangible for children and ...
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ArticleAlpkit: An outdoor brand building success through community
Alpkit is reaping rewards from its event-based community. We look at how building a community can help generate and retain customers.
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ArticleVF makes further leadership changes at two of its brands
Following the management restructurings at Dickies, Altra, Smartwool and Icebreaker in early April, VF Corp. has announced additional changes in the executive ranks of two of its brands. Source: VF Corp Werner Bossenmaier The company has transferred former Timberland EMEA vice president of marketplace Werner Bossenmaier to ...
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ArticleIGOT announces #itsgreatoutthere grant recipients
The It’s Great Out There Coalition (IGOT) has confirmed details of eight grassroots initiatives that have received #itsgreatoutthere grants of up to €5,000. The projects will collectively deliver more than 1,300 days of outdoor activities in six different countries. Launched in 2017 by the IGOT, the #itsgreatoutthere grant program supports ...
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ArticleWeSports acquires Finnish bicycle wholesale company
WeSports, a Stockholm-based group of individual sports, outdoor and mobility companies operating both online and with physical stores and product brands, has announced the acquisition of Finnish bicycle wholesaler Huntteri. The strategic partnership will significantly strengthen WeSports’ presence in Finland and provide for a rapid rollout of Huntteri in Scandinavia. ...
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ArticleUS Outdoor Alliance presents handbook to expand outdoor recreation while fighting climate change
Expanding access to outdoor recreation while combating climate change and preserving biodiversity are some of the key benefits of natural climate solutions. That’s according to a new policy report released by the Outdoor Alliance (OA), a nonprofit coalition of ten national advocacy organizations working to protect public lands and waters ...
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ArticleAddnature with losses in FY22, no immediate improvement expected
According to ehandel.se, Swedish outdoor online retailer Addnature, founded in 2000 and a wholly owned subsidiary of Internetstores Group since 2013, which in turn is part of Signa Sports United (SSU), has had a year of ups and downs. In its most recent financial statements for fiscal 2022 (October 2021 ...
