Latest News & Analysis – Page 165
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ArticleGlobal talks on digital tax prolonged to 2021
The 137 countries involved in talks on base erosion and profit shifting (BEPS) due to the digitalization of the economy have agreed to keep working towards an agreement on the taxation of digital companies by mid-2021, thus acknowledging that they will fail to strike a deal by the end of ...
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ArticleOberalp Virtual Convention to focus on women; introduction of new brand expected
As the first ”Oberalp Virtual Convention” in May 2020 was extremely positive for the Italian company and its brands Salewa, Dynafit, Wild Country, Evolv and Pomoca with more than 37,000 clicks, and as ongoing travel restrictions due to the Covid-19 pandemic continue to make physical events difficult, the family-owned company ...
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ArticleHydro Flask bounces back in Q2
Helen of Troy’s houseware segment, which includes drinkware brand Hydro Flask, returned to growth in the second fiscal quarter ended on Aug. 31, after a difficult spring due to the pandemic. Sales in the segment soared by 20.2 percent from the year-ago quarter to $201.9 million, as more people returned ...
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ArticleSchöffel: Germans are looking forward to winter - but they have reservations
German outdoor company Schöffel has conducted a representative survey in cooperation with YouGov. According to the survey, German winter sports enthusiasts are looking forward to the upcoming winter season, but they also have clear reservations because of the Covid-19 pandemic. Schöffel’s survey shows that the overwhelming majority of the Germans ...
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ArticleTÜV Süd issues warning regarding harmful substances in outdoor clothing
TÜV Süd, a globally active auditing and testing company headquartered in southern Germany, which has written its own code of practice for the optimization of technology, systems and know-how, has launched an appeal to end-consumers to check for the absence of harmful substances when buying outdoor clothing, especially outerwear. The ...
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ArticleHelly Hansen personalizes online customer experiences to increase RPS
Helly Hansen, the Norwegian manufacturer of outdoor apparel and workwear, sells directly to customers in 19 stores around the world and online to an international audience. The marketing team at the company’s Norwegian headquarters and the U.S. e-commerce team have partnered with Kibo, an extensible, unified commerce platform that delivers ...
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ArticleHoudini’s Mono Air Houdi goes Open Source to boost circular economy
The Swedish outdoor brand Houdini has joined forces with Polartec, the manufacturer of functional fabrics, to fight for more recycling in the textile industry and is making the award-winning Mono Air Houdi fleece jacket available as Open Source. Polartec and Houdini have enjoyed a long and close cooperation. They share ...
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ArticleOutdoor industry stocks rose by 11.1% in Q3
The share prices of the publicly listed outdoor companies went up by 11.1 percent during the third quarter of 2020, according to our own calculations, performing better than the stock market in general. Indicating that the outdoor market is recovering well from the Covid-19 pandemic, their share prices improved slightly ...
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ArticleThe pandemic forces fashion and retail to rethink their business models
The Covid-19 pandemic has accelerated changes in consumer attitudes towards fashion and retail, and calls are getting louder for “something to be done,” such as fewer collections, less fast fashion and more attention to sustainability.
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ArticleIspo Munich will be hybrid
Messe München has announced that its next Ispo Munich show will be a hybrid event – on-site and digital. It will be smaller and more digital in physical terms, but it will be intended to reach a more international audience through the internet. We understand that the new format will ...
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ArticleInterview: Corona and the impact on tourism in the mountains
With Covid-19 and the lockdown in March, pretty much all industries were facing severe challenges. One of the sectors that were hit the hardest right from the beginning was the travel industry. After a while, people were allowed to travel again, but in a very limited manner. However, as the ...
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ArticleRainer becomes Oberalp’s CSO, Busa is Salewa’s new GM
Justifying the introduction of a new sales structure with a shift to a “channel-driven approach” rather than a geographical basis under the management of Christoph Engl, the Oberalp Group has announced that Stefan Rainer will become its chief sales officer on Oct. 1. Rainer, who has been the general manager ...
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Article
Anta’s president will run Amer Sports
Jie (James) Zheng, executive director and president of Anta Sports Products, is taking over the responsibilities of Heikki Takala, who has decided to resign from his role as president and chief executive of Amer Sports after ten years in the position. Takala, a former commercial director of Procter & Gamble, ...
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ArticleNew brand identity for avalanche airbag pioneer ABS
SpinCapital, the Munich-based owner the German brand ABS since 2017, is reinventing the well-known avalanche airbag brand founded in 1985 with a new strategy, new brand identity, new products, digital offensive and stronger trade marketing.The founder of SpinCapital and chief executive of ABS, Stefan Mohr, is responsible for the newly ...
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ArticleUK sport and physical activity sectors demand Covid-19 sports recovery fund
The Outdoor Industries Association (OIA) reports that leaders of more than a hundred sports and exercise institutions in the UK have sent a letter to Prime Minister Boris Johnson urging him to reserve funds for the rehabilitation of the sports and activity sector - or risk fueling lack of exercise ...
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ArticleKathmandu’s revenues soar thanks to Rip Curl’s acquisition
Kathmandu Holdings scored record sales for its financial year ended on July 31 2020, boosted by the acquisition of Rip Curl during the period. The group’s revenues soared by 48.7 percent to 801.5 million New Zealand dollars (€451.6m-$526.8m), with Rip Curl accounting for 40 percent of the total turnover, but ...
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ArticlePatagonia’s European chief will run the whole group
Ryan Gellert, an American who has been running Patagonia EMEA since the end of 2014, has been promoted to serve as chief executive of Patagonia Works, the parent company of Patagonia Inc. In addition, Jenna Johnson has been promoted from vice president of technical outdoor to a new post as ...
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ArticleFischer lays off 150 workers
Like Rossignol, which has just announced the elimination of 95 jobs, Fischer Sports has decided to lay off 150 workers at its Ukrainian ski factory following a drop of about 25 percent in pre-orders for the coming autumn/winter season. However, the management is cautiously optimistic about the near-term future, considering ...
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ArticleABK is closing down
ABK Company, owner of the ABK climbing brand, is winding up its business, which has run out of capital and was placed in liquidation on Aug. 4 by France’s commercial court. According to Hugo Allard, the company’s chief executive and one of its founders, it was the combination of Covid-19 ...
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ArticleBob Gore, inventor of Gore-Tex, has died
Robert W. “Bob” Gore, chairman emeritus of the board of directors of W. L. Gore & Associates, died on Sept. 17 at the age of 83. Gore sat on the board of his family’s materials science company for 57 years, 30 of them as chairman, and served as president from ...
