Latest News & Analysis – Page 171
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ArticleWorn Again Technologies raises €8 million investment
Worn Again Technologies, a British technology licensing company, has secured up to €8 million in new equity capital from investors, including follow-on commitments from two of its existing strategic investors, H&M Group and Sulzer. Worn Again Technologies is developing unique polymer recycling processes that will enable raw materials in textiles ...
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ArticleEmerald releases post-corona prevention plan
California-based Emerald Holding, Inc., the parent company of U.S. trade shows such as Outdoor Retailer and Surf Expo, announced its commitment to providing a higher standard of health and safety protocols in preparation for the expected reopening of the company’s live events in the shadow of the Covid-19 pandemic. The ...
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ArticleApparel and footwear industries propose Green Recovery Plan to European authorities
(SGI) The Policy Hub, a joint effort of the Federation of the European Sporting Goods Industry (Fesi), the Sustainable Apparel Coalition (SAC), and the Global Fashion Agenda (GFA), has published a proposal for a ”Green Recovery Plan for Europe,” which is meant to support the economic recovery of the region ...
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ArticleApex’s revenues drop by 20%
Lower global licensee sales due to the coronavirus crisis weighed on the results of California-based Apex Global Brands, previously called Cherokee Global Brands. It saw revenues for its first fiscal quarter ended on May 2, 2020 fall by 20 percent to $4.0 million, as royalty revenues from brands such as ...
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ArticleLiv Cycling campaign underlines commitment to parity for women in cycling (Video)
Liv Cycling, a company founded in 2008 by Giant executive Bonnie Tu as part of the Giant Group company and dedicated to getting more women on bikes, has introduced Liv Committed, a global brand campaign reaffirming its commitment to women in cycling. The campaign highlights the ways Liv Cycling is ...
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ArticleRetail trends and sustainability: What outdoor retailers can do
In an article on the European Outdoor Group’s website, EOG Head of Retail Peter Ottervanger shared his thoughts on some of the key issues relating to emerging retail trends around sustainability, and how they link to the accelerating digital age.
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ArticlePrimaLoft “adjusts business” in the crisis and dismisses European managers
Ingredient brand PrimaLoft has confirmed existing rumors about the separation from its president licensing and managing director Europe, Jochen Lagemann, as of May 31. Jochen Lagemann A PrimaLoft spokesperson said that Lagemann’s departure was a result of the economic effects of the coronavirus pandemic: “Due to ...
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ArticleJack Wolfskin provides insight into supply chain and factory salaries
Jack Wolfskin recently published its annual social responsibility report for 2018/19. The German outdoor brand owned by the U.S. Callaway Golf Company currently works with 68 production partners in 12 different countries. Most of the production volume is sourced from Vietnam, Bangladesh, Cambodia and China. In the latest 68-page report, ...
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ArticleOutdoor activities essential to well-being, new study reveals
New research released by the European Outdoor Group (EOG) reveals that the appeal of outdoor activities has been boosted by enforced Covid-19 restrictions. In a survey of consumers in the U.K., France, Germany, Spain, Italy, Poland and Sweden, 70 percent of the respondents said that they are looking forward to ...
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ArticlePatagonia CEO Marcario is stepping down
Rose Marcario is stepping down as chief executive of Patagonia on June 12, after 12 years with the company, the last six as CEO. She joined Patagonia as chief financial officer in 2008 after spending 15 years in private equity. Patagonia’s chief operating officer, Doug Freeman, will take her place ...
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ArticleNew laundry habits could reduce ocean microfiber pollution
The thousands of microfibers that are released by fabrics during domestic textile washing end up in rivers, the sea and the ocean, causing marine microplastic pollution. A new study from Northumbria University, conducted in partnership with Procter & Gamble, has revealed that nearly 13,000 tons of microfibers are being released ...
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ArticleWolverine performs better than expected
Wolverine Worldwide told analysts at the Baird 2020 Global Consumer, Technology, and Services Conference on June 4 that its sales were better than expected in the first nine weeks of its second quarter, falling by less than 50 percent overall. The impact of the coronavirus-related retail lockdown was partly offset ...
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ArticleLive digital “Re.start Days” conference by Ispo on June 30 and July 1
With the Ispo Re.Start Days, the Ispo Group is organizing a digital conference for the sports and outdoor industry on June 30 and July 1 to provide orientation in the “new normality” during and after the Covid-19 pandemic. Based on its 2020 anniversary, Ispo proclaimed “50 years of tomorrow” at ...
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ArticleCanada Goose was resilient against Covid-19
(SGI) Canada Goose Holdings was not hit as hard as other clothing brands by the pandemic, which it attributed to the seasonal nature of its business. While it felt the impact of store closures late in its fiscal year, which ended on March 29, 2020, its peak activity time had ...
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ArticleThe outdoor community supports Black Lives Matter
It started last Tuesday, when large parts of Social Media turned dark: Companies, celebrities and private individuals darkened their posts and media feeds, placed solid black images or meaningful solidarity texts on black backgrounds, all connected by the hashtag #blacklivesmatter. And not only in the USA, the country where, after ...
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ArticleRab and Lowe Alpine join Fair Wear Foundation
The British outdoor brands Rab and Lowe Alpine, subsidiaries of Equip Outdoor Technologies UK Ltd, have joined the Fair Wear Foundation. For Rab and Lowe Alpine, this is an important milestone in their sustainability strategy and underlines their efforts to improve their ethical, social and environmental standards and to take ...
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ArticleMelody Harris-Jensbach to leave Jack Wolfskin
Melody Harris-Jensbach, who has been running Jack Wolfskin for the past six years, will soon be leaving the German outdoor brand. According to a press release, Callaway Golf Company, which took over Jack Wolfskin at the beginning of 2019 for around €418 million, and Harris-Jensbach had already agreed on her ...
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ArticleWGSN sees three major consumer groups emerging from the crisis
The coronavirus pandemic has accelerated societal changes and is forcing industries worldwide to adapt to the resulting changes in consumption. Thus, WGSN has set out to predict what consumers will be looking for in the next couple of years. In its annual Future Consumer white paper, the trend forecasting company ...
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ArticleTecnica Group performs better than expected
Tecnica Group reported better-than-expected results for 2019, adding that e-commerce and sales of outdoor products and inline skates were positive in the first quarter of 2020, despite the Covid-19 pandemic. The net turnover of the group went up by 6.4 percent to a record €424 million in 2019, which was ...
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ArticleVirtual Thin Air Outdoor Media Show opens up to retailers
Conceived initially as a virtual media show to fill an important information gap in the American market following the cancellation of the Outdoor Retailer Summer Market in Denver, the ”Thin Air Virtual Media Show” is now also aiming at retail buyers. The new U.S. virtual outdoor trade show will take ...
