Latest News & Analysis – Page 145
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ArticleNew Canadian brand norda launches seamless trail running shoe made of bio-based Dyneema
norda™, a young Canadian running shoe brand, introduced the first seamless trail running shoe made from bio-based Dyneema® fiber. norda was “founded with a mission to empower athletes to reach their highest potential through innovation and cutting-edge technology” and is the brainchild of Willamina and Nick Martire ...
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ArticleTMC releases database for microfiber shedding and standardized test
After a joint effort of The Microfibre Consortium (TMC) and its members, a wide database and globally aligned and standard test method to determine the level of microfibers shed from fabric during domestic laundering has just been released. The test method and detailed database for the specification ...
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ArticleABS and Pyua with new shareholders and sales manager
Following the acquisition by Spin Capital in 2018, brand relaunches and a renewed and expanded product range for both ABS Protection GmbH and Pyua, the team around Spin Capital’s CEO, Dr. Stefan Mohr, is now receiving further support from some well-known sports and fashion industry veterans. Edgar Rosenberger ...
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ArticleCONEBI’s publishes Bicycle Market Report 2021
“The European bicycle industry is booming.” That is the headline the Confederation of the European Bicycle Industry (CONEBI), the umbrella organization for national industry associations, is using to promote its BIMP Edition 2021 (“European Bicycle Industry and Market Profile”), unveiled June 12, with the latest figures for 2020. ...
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ArticleShimano with new factory in Singapore, new machines in Japan
A few weeks ago, Japanese bicycle component manufacturer Shimano Inc. had to close its Malaysian plant, forced by the Malaysian government’s Covid lockdown. The Japanese company now announced that it would invest in a new factory in Singapore and new machinery in Japan. All this is being done with an ...
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ArticleHelen of Troy’s Hydro Flask starts year strongly
Helen of Troy’s Houseware segment, which includes outdoor drinkware brand Hydro Flask, posted revenues of $193.6 million in the first fiscal quarter ended May 31, up by 37.7 percent compared to the year earlier. Gains in the top line were due to the positive comparative effect from store closures and ...
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ArticleAnta Sports Q2 sales growth continues at slightly slower pace
Anta Sports continued to show strong sales growth in the second quarter ended June 30. However, the pace of growth slowed somewhat from the first quarter, which benefited from a strong comparison effect as strict lockdown measures were imposed in China in the first quarter of 2020. In an operational ...
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ArticlePortugal officially inaugurates Europe’s first large-scale carbon frame factory
Led by Portugal’s minister of state for the economy and digital transformation, Pedro Siza Vieira, Carbon Team’s new production facilities were officially inaugurated on July 9 in Camoia, in the Portuguese municipality of Vouzela. Carbon Team is the first European automated carbon bicycle frame factory outside Asia. Hardtail monocoque carbon ...
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ArticleKlarna acquires social shopping platform Hero
Klarna, the retail banking, payments and shopping service from Sweden with over 90 million active users worldwide and 2 million transactions per day, has acquired Hero, a social shopping platform founded in 2015 and based in London and New York. Hero aims “to provide consumers with inspiration, advice and immediately ...
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ArticleLight My Fire welcomes new EU guideline to restrict single-use plastics
As of July 3, it is forbidden to put new single-use plastic products on the market. This is in line with the EU directive on single-use plastics. The Swedish brand Light My Fire, founded 25 years ago, welcomes the directive as a step in the right direction. Light My Fire ...
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ArticleOutdoor company stocks continue to gain ground in Q2
From the first quarter to the second quarter of 2021, the 32 outdoor stocks we track were up 13.82 percent. Neither the bike nor the retail companies had a major impact here, but rather a few of the large groups such as Anta Sports, Vista Outdoor and American Outdoor Brands, ...
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ArticleBluesign releases its revised 2021 chemical substances lists
St. Gallen-based company Bluesign has just released its revised standard lists for the restrictions for chemical substances in textile production and supply chains, relevant for all Bluesign system partners. The revision incorporates new scientific knowledge on the toxicological and ecological profile of substances, the new legal classification ...
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ArticlePortugal Bike Value goes digital
On July 20, the very first digital platform to promote the Portuguese conscious mobility sector will be launched. With this tool, the national bicycle industry association ABIMOTA aims to promote, on behalf of its members, the path taken to internationalize the domestic bicycle production sector. Source: ABIMOTA PBV ...
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ArticleMaier Sports closes product lifecycle with Design2Recycle and Recycle2Design
Maier Sports announced that it will use the Design2Recycle and Recycle2Design concept to develop its products for maximum quality recycling after use in the future. Pants, jackets and shirts from the German outdoor clothing supplier are to be based on a 100 percent sustainable, forward-looking clothing concept with a completely ...
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ArticleGerman e-commerce grows strongly, marketplaces on the rise
Berlin-based e-commerce and mail order trade association, bevh, has released its market figures for the second quarter of 2021, seeing an unbroken overall trend towards e-commerce and marketplace sales for all types of goods in Germany. After strong recovery effects earlier in the year, e-commerce revenue in the second quarter ...
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ArticleSales in Austrian sports retail strongly divided in 20/21 winter season
Pointing to the strongly diverging business development for Austrian retailers (depending on location and product range focus), the national Association of Sporting Goods Manufacturers and Suppliers (VSSÖ) provided a first summary for the full year 2020 and the winter season Q4, 2020, and Q1, 2021. According to the association, total ...
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ArticleReview: Outdoor Trade Show (OTS) 2021
From Tuesday to Thursday, retail buyers came to browse the assortments of more than 120 brands, from big players like Mammut to perennial market players like Helinox and new ventures like Dirtbags. Source: Charles Ross Andrew Denton, CEO OIA, opening the Sustainability Breakfast Over three days, the ...
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ArticleOpen-air premiere of The Big Gear Show with focus on retail education
After the originally scheduled 2020 premiere of The Big Gear Show (BGS) was postponed due to the pandemic and moved from an indoor venue in Salt Lake City to an outdoor venue in Park City, Utah, the final schedule for the Aug. 3-5 event has now been set. The ...
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ArticleAuthentic Brands moves Spyder license to Liberated Brands
Authentic Brands Group (ABG) has announced the transition of its core licenses for its ski-focused Spyder brand to Liberated Brands. Under the terms of the new long-term agreement, Liberated Brands will assume outerwear and apparel sourcing, product design, marketing, wholesale, e-commerce and retail store operations across the U.S., Canada, Australia, ...
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ArticleOrganic cotton reaches record volumes and is projected to grow by 48% this year
The 2019/20 year saw the largest volume of organic cotton fiber harvested globally to date. According to a new report by Textile Exchange, it marked the fourth year in a row that organic cotton production has increased. Furthermore, growth is set “to skyrocket” in 2020/21. The positive trend is being ...
