Latest News & Analysis – Page 11
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REI reduces workforce
In a memo to affected REI Co-op employees, CEO Eric Artz announced that the US outdoor retailer will have to cut 357 jobs. This affects 200 employees at headquarters, 6 in S&CS, 30 in Experiences and 121 in distribution centers. “The coming days are going to be tough as we ...
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OrganoTex signs retail agreement with Burdock Outdoor Group
The Swedish public green-tech company OrganoClick and the Swedish retail chain Burdock Outdoor Group have signed a cooperation agreement to introduce the OrganoTex range of waterproofing products for outdoor clothing and footwear to Burdock Outdoor’s store network. Source: OrganoClick OrganoTex Wash-In-Waterproofing Burdock Outdoor Group operates 170 hunting ...
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Giant Manufacturing shifts up in Global 100 Index 2024
This year, more sustainable companies from the Asia-Pacific region are listed in the ranking of the Global 100 Index by Corporate Knights than ever before. Also included is Taiwan’s leading bicycle producer Giant Manufacturing.
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More companies join Spiber’s Biosphere Circulation project
Spiber Inc. announced and welcomed new partnerships with DyStar, Kering’s Material Innovation Lab (MIL), Eileen Fisher Inc. and Johnstons of Elgin at the Biofabricate materials conference in Paris on Jan. 12-14. The companies joined Spiber’s Biosphere Circulation project, which presents a pioneering methodology for regenerating biobased and biodegradable textile and ...
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Norrøna’s CEO Jørgen Jørgensen and his four pillars of success
Norrøna CEO Jørgen Jørgensen shares insights on the new Norrøna House, sales figures and Norrøna’s growth strategy.
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Lenzing confirms top sustainability rating from MSCI, participates in SAC Higgs FEM
Lenzing Group, the Austrian supplier of wood-based specialty fibers for the textile and non-wovens industries, has been recognized with an “AA” rating by MSCI for the third time in a row, placing Lenzing among the top eight percent of the world’s most sustainable companies. Lenzing was recognized for its sustainability ...
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New Head of Finance at Vaude
Melissa Wach is the latest member of Vaude’s management board. She joined the company in December and is responsible for the finance department. Wach has taken over the role of CFO from Erwin Gutensohn, who has retired. He successfully shaped financial management at Vaude for over 30 years and laid ...
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German bicycle tire supplier relocates production to Vietnam
Schwalbe manufacturer Ralf Bohle GmbH is strategically realigning its production: All bicycle tires and inner tubes will be produced exclusively in Vietnam in the future. Only mold making, mixing operations, R&D and administration will remain at the long-standing Schwalbe production site in Indonesia. The move is justified by the development ...
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Riethmann retires from the management of Lowa
Source: Kerstin Rysavy Werner Riethmann After more than 30 years in management, Werner Riethmann retired from the active management of Lowa Sportschuhe GmbH at the age of 75 at the end of December 2023. However, he will remain with the Southern German hiking and mountain footwear specialist ...
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New CEO for Protect Our Winters
Source: POW Erin Sprague, new CEO of POW Former board member Erin Sprague has taken on the CEO role at Protect Our Winters (POW). Sprague is the organization’s third CEO in its history and the first woman to lead POW. In a press release, POW stated that ...
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New Head of Corporate Responsibility at Mammut
Source: Mammut Tobias Steinegger Tobias Steinegger took up the position as the new Head of Corporate Responsibility at Swiss mountain sports specialist Mammut on Jan. 1, 2024, succeeding Adrian Huber, who held the position for the past 20 years and has now decided to take on a ...
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Equip 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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Crow Bicycles bolsters int'l DTC with DACH area manager and physical presence in Germany
Madrid-based ultralight e-bike brand Crow Bicycles, founded in 2020 and launched in 2021, announced the hiring of Gert-Jan Van Wijk as Market Manager for the German, Swiss and Austrian (DACH) markets. In these countries, Van Wijk will lead the company’s commercial strategy from Feb. 1 to consolidate the brand at ...
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Maier Sports’ Circle4Future project takes shape
German outdoor apparel specialist Maier Sports has entered into a strategic partnership with Sympatex, the provider of sustainable membrane technology, to make outdoor weather protection products 100 percent circular. The aim of the “RE-innovation” concept is to create a system in which resources are not thrown away and destroyed, but ...
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Icletta returns DACH distribution and assembly to Ice Trikes
Over 15 years ago, the German company Icletta GmbH began exclusively distributing the British recumbent trike manufacturer Inspired Cycle Engineering (Ice Trikes) in the DACH region. The two companies have now jointly decided to gradually relocate on-site assembly, which Icletta previously carried out at its headquarters in Weiterstadt, Germany, to ...
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Mondraker opens US branch in Colorado
Spanish premium off-road bicycle brand Mondraker announced the opening of a subsidiary in the USA at the beginning of the year. The new Mondraker-USA office is located in Boulder, Colorado. The official inauguration of the new offices and warehouse, as well as the customer and technical service areas, will be ...
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Solo 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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Wolverine 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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Osprey 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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Strava 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 ...