Latest News & Analysis – Page 167
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ArticleTimberland announces ambitious sustainability goals
Timberland has not only announced that it wants to plant 50 million trees around the world over the next 5 years, but also to create a net positive impact on the environment by 2030. The latter, most ambitious goal includes that the VF Corp.-owned brand wants all of its products ...
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ArticleIcebreaker plans to be plastic free by 2023
While Icebreaker of New Zealand celebrates its 25th anniversary this year, the brand, which has been part of VF Corp. since early 2018, has published its third annual Transparency Report as a result of a complete audit of its supply chain. From its very beginning, the brand has challenged the ...
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ArticleLloyds Fonds acquires 2.4% of Polygiene AB
As we reported earlier, the Swedish fabric technology brand Polygiene, which was founded in 2006 as a spin-off of the Swedish chemical company Perstorp, was among the winners in the Covid-19 pandemic thanks to its new antiviral treatment, ViralOff®, which was launched in April. This success also aroused the interest ...
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ArticleGrowth of 7.0% for branded outdoor shoes in 2019
As they do every year, many brands gave us their numbers or indications of their performance in the outdoor footwear market to help establish its growth in the wholesale channel and to benchmark themselves against one another. The result of this joint study by The Outdoor Industry Compass and the ...
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ArticleAntiviral technology helps Polygiene to thrive during pandemic
Polygiene is at the center of media attention since it launched ViralOff, a fabric treatment with antiviral properties, in April. In the context of Covid-19 outbreak, demand for the garment has soared, and the group expanded its scope from initially treating protective clothing, face masks and other hospital products to ...
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ArticleJosef “Pepi” Fischer is dead
Josef Fischer, the son of the company founder and owner of Fischer Sports GmbH, died on Aug. 26 at the age of 90.After the passing of his father, Josef Fischer took over the management of the company together with his sister in 1959, when he was not even 30 years ...
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ArticleBicycle donations make a difference in developing countries
As part of the company’s corporate responsibility program, the Danish shoe brand Ecco is donating bicycles to children in Vietnam. While this is just one of the aid projects - others include donating school supplies to schools in Thailand or funding mobile libraries in Indonesia - it is a great ...
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ArticleAnta switches to new DTC business model in China
The pandemic has been a catalyst for change across many companies this year, including at Anta Sports Products. It has decided to do away with the wholesale model that it employed for 20 years in 11 major provinces. Instead, the Chinese sports group will switch to a new business model ...
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ArticleLeki banks on new recycling concept
Following the motto “manufactured in Europe - recycled in Europe,” the German stock manufacturer Leki is relying on a novel recycling process in addition to resource-saving production and a worldwide repair and service network. “With our new sustainability pilot projects, we want to gradually move forward,” said managing director Matthias ...
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ArticleIntersport Deutschland releases CSR report 2018/19
With the publication of its third CSR report, Intersport Deutschland has confirmed its long-term sustainability orientation. The first report in 2014/15 was the result of the so-called “Heilbronn Declaration,” in which Intersport, together with other companies from the Heilbronn-Franken region where the company headquarters are located, agreed on responsible and ...
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ArticleBradshaw Taylor repositions Le Chameau
After Bradshaw Taylor Ltd, an outdoor sales specialist from Oakham, UK, bought the premium boot brand Le Chameau last November, the family business has invested heavily in the brand. To position it well for the future, company boss Corry Taylor and his team have made drastic and daring changes that ...
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ArticleGregory and High Sierra could not resist the pandemic
Like the rest of the big Samsonite luggage group, its two outdoor backpack brands, Gregory and High Sierra, suffered sales declines in the first half, to June 30 because of the Covid-19 pandemic. Gregory, which has been generally outperforming the rest of the group, posted a drop of 30.8 percent ...
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ArticleIntersport and Stadium are closing stores in Sweden
The Swedish Intersport banner has decided to close at least ten of its 130 stores, fewer than originally expected, as some landlords have accepted more flexible rental terms. Other stores may have to be shut down, depending on ongoing negotiations with their landlords. Intersport Sverige filed on April 14 for ...
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ArticleEOG supports Germany’s plans for a Supply Chain Act
Arne Strate, the general secretary of the European Outdoor Group (EOG) has spoken in support of Germany’s planned Supply Chain Act. In a public statement, he said: “The EOG has been closely following the progress, both in the context of the work of our own members in the country, and ...
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ArticleCurrency headwinds weigh on Helly Hansen’s results
Helly Hansen’s revenues for the second quarter fell by 21.0 percent to 68.9 million Canadian dollars (€44.1m-$52.1m), weighed down by store closures and foreign-currency-headwinds. In constant currencies, they fell by 12.6 percent. Most wholesale customers were closed across the globe in the quarter, as were distribution centers and retail stores. ...
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ArticleOmni-channel retail specialist to become new president of Wolverine Worldwide
Brendan Hoffman will take office on September 8 as the new president of Wolverine Worldwide, the company announced earlier this week. Hoffman will then also join the company’s board of directors. Source: Wolverine Worldwide Brendan Hoffman The omni-channel retail specialist brings 30 years of experience in merchandising, ...
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ArticleOrganic cotton production sees 31% jump
The production of organic cotton showed a 31 percent increase in the 2018/19 harvest year over the previous year, according to the Textile Exchange’s 2020 Organic Cotton Market Report. The 2018/19 harvest year saw the second biggest harvest of organic cotton ever recorded, surpassed only marginally in 2009/10. The report ...
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ArticleEDM Executive Survey: Sports and outdoor brands are pushing DTC
While experiencing generally lower orders from retailers, primarily because of the coronavirus outbreak, more than two-thirds of sports and outdoor brands responding to our survey intend to further develop their own direct-to-consumer (DTC) operations, relying more on their own websites than on those of third-party e-tailers.
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ArticleCanada Goose to cut production as Covid-19 hits Q1 sales
Canada Goose is cutting production and opening fewer stores as the coronavirus pandemic hit its sales, causing first-quarter net losses to almost double to 50.1 million Canadian dollars (€32.0m-$37.7m) from Can$ 29.4 million a year earlier. On adjusted basis, excluding restructuring charges, the net loss amounted to Can$ 38.4 million ...
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ArticleSluggish sales for Black Diamond
A weak performance from Black Diamond, Clarus Corp’s biggest brand, pushed the group’s sales for the second quarter down by 36 percent to $30.0 million. The parent company of BD, Pieps and Sierra Bullets saw its net loss widen to $2.7 million, from $0.7 million for the same three months ...
