Latest News & Analysis – Page 160
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ArticleBioLite reaches 1 million lives with clean energy
In an open letter posted on the company website, Jonathan Cedar, BioLite co-founder and CEO, recently shared a major milestone in his company’s history: 1,400,941 people are living with clean energy access through BioLite products as of this year. According to Cedar, this achievement, already reached in September 2020, is ...
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ArticleUK Sport funds GB Climbing to uncover the champions of tomorrow
With plans for a £352 million investment, UK Sport, the government agency responsible for investing in Olympic and Paralympic sport in the U.K., has announced Progression Funding for seven sports - including climbing - to discover and support the champions of tomorrow. The British Mountaineering Council (BMC), the government-recognized representative ...
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ArticleIndustry Insights: How to find new B2B business in a digitalized market
The past spring created for most of us a feeling of pandemic panic and business paralysis. Offices were shut down and most employees were asked to work from home. From a pure productivity perspective, it gave a temporary feeling of winning back control of time. Time freed up from commuting ...
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ArticleEDM survey: How Covid-19 has impacted companies' trade show budgets
It has become commonplace to say that the Covid-19 pandemic has dramatically accelerated trends that were already underway with the digitalization of the economy and society in general. Trade shows have been one of the sectors most affected by the phenomenon as restrictions on travel and mass events worldwide prompted ...
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ArticleYouth Alpine Interrail: Young adults campaign for more sustainable mobility
As part of the Youth Alpine Interrail project, young adults traveled by train through the Alps in the summer of 2018 and 2019 and addressed climate protection and sustainable mobility. On Dec. 9, 2020, they and other young adults discussed with representatives of environmental and spatial planning ministries what is ...
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ArticleSalewa introduces new “Committed” label for sustainable products
The South Tyrolean mountaineering brand Salewa will introduce a new label for particularly sustainable products in the winter season 2021/22. “Committed” is a clearly visible symbol designed to inform customers about sustainable aspects when making their purchasing decisions. The hangtag label will identify equipment that stands out for its particularly ...
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ArticleVaude presents new “Detox” CSR report
With its latest sustainability report, Vaude has launched an entire website that fully lists and explains in detail all of the company’s past, present and future actions. By voluntarily signing the Greenpeace Detox Commitment, Vaude had already made a clear commitment in 2015 to gradually eliminate chemicals of concern by ...
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ArticleFESI welcomes new EU Work Plan for sport in light of post-pandemic recovery
The Federation of the European Sporting Goods Industry (FESI) has welcomed the publication of the EU Work Plan for Sport, which is meant to guide EU cooperation on sport policy for the years 2021 to 2024, and announced that, together with its members, it looks forward to working with the ...
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ArticleEuropean consumers want to stay fit despite lockdown; wearables still on the rise
GfK has published data showing that health and well-being have become more important during the Covid-19 crisis. However, it said this trend had already become increasingly prevalent among European consumers before the outbreak of the pandemic. According to a GfK Consumer Life Study with more than 30,000 consumers surveyed in ...
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ArticleRapala to launch new sustainability strategy
Rapala VMC Corporation, a Finnish manufacturer of fishing lures, equipment and tools, has unveiled a new strategy aimed at one of the first fishing tackle companies to act upon a set of seriously ambitious environmental objectives. This includes actions already implemented over recent years as well as a series of ...
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ArticleGerman bike company Canyon bought by Belgian Adidas shareholder
Groupe Bruxelles Lambert (GBL), a major Belgian-based investment company, has agreed to take over majority control of Canyon Bicycles, the German bike producer known for its direct-to-consumer approach. Roman Arnold, a former supplier of bike components who founded the brand in 2002, will reinvest a significant part of the proceeds ...
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ArticleApex’s sales down by 17%
Lower licensee sales due to the pandemic, and the non-renewal of certain Cherokee brand licensing deals, weighed on the revenues of Apex Global Brands, previously called Cherokee Global Brands. Sales for the parent company of Hi-Tec, Magnum, and Tony Hawk dropped by 17 percent to $4.1 million for its third ...
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ArticleNew Corona restrictions in Germany; Denmark extends partial lockdown to entire country
In concert with the governments of the individual states of its country, the federal government of Germany has ordered the lockdown of all the brick-and-mortar stores that sell non-essential products, starting on Wednesday, Dec. 16. The new restrictions came after a spike in new contaminations from Covid-19. They will last ...
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ArticleÅre Skidfabrik invests for the future
As previously reported, the Swedish ski manufacturer Åre Skidfabrik recently expanded its facilities near the ski resort of Åre. It has now been revealed that the expansion was part of the company’s largest single investment in its 40-year history. In addition to the 50 percent larger production area, this also ...
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ArticleOpen Air Group invests in fast-growing Swedish outdoor brand Garphyttan
Open Air Group (OAG), a Stockholm-based group that includes the Chevalier, Tracker, Alaska 1795, Burrel and Valio brands and e-retailers Widforss.se, Widforss.no, Retkitukku.fi and Koiravaruste.fi, is becoming a minority owner of the fast-growing Swedish outdoor brand Garphyttan. Garphyttan develops clothing for outdoor life, work and leisure and has in a ...
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ArticleArc’teryx aims for Fair Trade certification
With a goal of having 80 percent of its products certified by Fair Trade USA by 2025, Arc’teryx has announced plans to convert three production facilities in Vietnam to Fair Trade CertifiedTM in the coming year. The move comes as part of the company’s response to the global garment workers’ ...
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ArticleU.K. reaches trade deal with Vietnam, agreement with EU unlikely
The U.K. has finalized a free trade agreement with Vietnam, which is scheduled to become effective from Jan. 1. It is the third trade agreement reached with an Asian country, after those with Singapore and Japan. The U.K. has also reached a preliminary trade agreement with Canada. The U.K. is ...
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ArticleStrong finish to a challenging year for Johnson Outdoors
Strong demand for fishing, camping and watercraft recreation products drove significantly higher sales and profits for Johnson Outdoors’ fiscal fourth quarter. The management said that demand has picked up in the second half of the year after a difficult second quarter, at the onset of the pandemic. After lockdowns eased, ...
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ArticleAre we going to ski this winter?
Brands and federations express cross-industry concerns in case of European resort lockdownsThe Federation of the Sporting Goods Industry (Fesi) has released a statement in which 10 leading ski companies, five sports retail groups and 12 sporting goods industry federations raised concerns about the consequences for the industry of the planned closure of many European winter sports resorts in relation to the ...
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ArticleVaude joins The Climate Pledge
Thirteen new companies have joined The Climate Pledge, co-founded by Amazon and Global Optimism, a U.K.-based purpose driven enterprise focused on social and environmental change, to meet the Paris Agreement’s goals 10 years early, making a total of thirty-one companies who have joined the commitment. One of the new signatories ...
