Latest News & Analysis – Page 111
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ArticleRose Bikes continues double-digit growth in 2021/22
DTC provider Rose Bikes GmbH achieved total sales of €174 million in its 2021/22 fiscal year ending Oct. 31. Compared to the previous year, this is an increase of 17 percent. What the Bocholt-based company is particularly proud of is that, despite bottlenecks in the supply chain, sales of complete ...
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ArticleEquip regaining independence, announcing management changes
Fundamental changes to the Equip Outdoor Technologies UK Ltd. (Equip) company structure: the parent company of Rab and Lowe Alpine announced a multi-million BP financing package with British bank HSBC UK. The financial backing aims to enable Equip to repay investors, including long-time partner Mobeus VCTs, which is advised by ...
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ArticleSilva acquires Primus, Fenix Outdoor remains distribution partner for select markets
Swedish outdoor equipment company Silva, which was acquired by equity investor Verdane in 2021 with decisive expansion plans, has acquired 100 percent of the Primus AB shares from Fenix Outdoor (which also sold its brand Brunton at the end of last year). Source: Primus Both Silva ...
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ArticleBizness Enabler opens own DTC online shop
After opening the retailer-focused online portal named Bizness.eu to sell its distributed brands online, German company Bizness Enabler GmbH has launched My-brand-shop, a new DTC portal operating Europe-wide. In the shop, the Munich-based company offers its distributed brands like BioLite, LifeStraw, Matador and Full-Windsor, as well as Selk’bag (starting in ...
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ArticleCypad Group acquires majority stake in Pasasport
Since the entrance of the investor PM&Partners SGR S.P.A. in the Italian company Cytech S.r.l. (Cypad Group), which claims to be the world’s leading group for the production of seat pads in sportswear (cycling shorts, etc.) and glove pads, the focus has been on growth. Together, the companies have launched ...
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ArticleVF seeks new permanent CEO following Rendle’s decision to step down
Source: VF Corp. Benno Dorer, interim president and CEO of VF, effective immediately VF Corp. announced that Benno Dorer, lead independent director of the VF board of directors, has been appointed interim president and chief executive officer, effective immediately. Richard Carucci, who has served on the board ...
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ArticleClassified Cycling closes €22 million financing round
Bicycle components newcomer Classified Cycling has successfully closed another round of financing. With the entry of new investors, €22 million were flushed into the Belgian company’s coffers. With the cash injection, raised under the leadership of investment firm Active Partners, Classified aims to “revolutionize the bicycle and e-bike market with ...
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ArticleBluesign ISPO panel talk: A call for cross-industry cooperation and harmonized methods
The ISPO Munich 2022 panel talk “Bluesign – enabling a better future: a vision for sustainability” was all about the need to harmonize data and cooperate in order to speed up improvements along the whole textile supply chain. Antje von Dewitz (Vaude), Eva Karlsson (Houdini), Kilian Hochrein (W.L.Gore) and Kutay ...
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ArticleSuccessful return of ISPO Munich, new concept offering potential for the future
With so much to be said about ISPO and the industry, we’ve gathered some of the comments which capture the mood of ISPO Munich 2022.
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ArticleVista Outdoor Foundation’s FY 2023 grant partners announced
The Vista Outdoor Foundation, the philanthropic partner of Vista Outdoor Inc., announced 12 non-profit organizations selected by its board of directors to receive grants as part of the foundation’s second annual grant cycle. The 12 organizations include nine that were previously funded in the first cycle and three that are ...
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ArticleHaglöfs Restored is back on track
After an unexpected closure last spring, the second-hand website Haglöfs Restored is now back up and running. A new partnership with Belfast, Ireland-based apparel refurbishment service provider and advocate of the Responsible circular economy allows the company to continue. Haglöfs Restored is one of several initiatives aimed at extending the ...
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ArticleCircularity in retail: Retailers finding their role in a changing world
How can retailers contribute to a more circular world? What are the challenges and how can medium-sized companies overcome them? At the panel talk “Circularity in retail” at ISPO Munich 2022, Yonderland’s head of sustainability, Melanie Grünwald, and Bergzeit’s CEO Martin Stolzenberger shared interesting experiences in transforming their retail concepts ...
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ArticleIcebug supports transformation to renewable energy in Vietnam, updates business purpose
Swedish footwear brand Icebug has started a new initiative to promote the change to renewable solar energy in production facilities in Vietnam – not only with its own production partners but industry-wide. Teaming up with German renewable energy developer Clean Energy Investment Accelerator (CEIA), the brand (which is also a ...
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ArticleSchwan-Stabilo’s outdoor brands grow by 16.4%
The German Schwan-Stabilo group, the owner of Deuter, Ortovox, Maier Sports and Gonso, has published its 2021/22 business numbers, achieving growth in all of the group’s categories, which are cosmetics, writing instruments and outdoor sports. In the time span reported, the group generated sales of €745.3 million (previous year: €623.2 ...
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ArticleTextile waste handling: the invisible part of global circular supply chains
It’s no secret that waste represents a huge problem in the apparel industry, but what is less understood is the potential untapped resource such waste represents. SaaS technologies are looking to digitize, connect, and scale global textile-to-textile recycling, connecting fashion brands and manufacturers with waste handlers and recyclers and build ...
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ArticlePolartec introduces bio-based weather protection technology under the Power Shield name
Polartec has launched a new bio-based fabric technology that aims to set a new standard for sustainable weather protection. The name of this new technology is an old acquaintance: Polartec Power Shield, a material already known for its softshell-like comfort with hardshell-like wind and waterproofness, especially in the advanced Pro ...
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ArticleCircular economy in the textile industry explained in pictures
The circular economy is counter to the current linear “take-make-waste” economy; exploiting resources for manufacture, finite product life, and one which ends with disposal.
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ArticleEDM Expert Talk at ISPO Munich 2022
Join us for our expert talk at this year’s ISPO, where we’ll be discussing the future of the circular economy along with some special guests
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ArticleBike industry veteran Pat Cunnane named CEO of Messingschlager USA
Europe’s leading and expanding bicycle accessories supplier Messingschlager GmbH & Co. KG has been able to win over a high-profile industry expert. The German company, which acquired its longtime U.S. partner company – then called Cycle Force Group – and its subsidiaries at the end of 2021 and shortly thereafter ...
