All News briefs articles – Page 133
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News briefsCocona Labs wants to scale its 37.5 temperature-regulating technology beyond synthetic fabrics
Colorado-based Cocona Labs is reportedly working to move beyond synthetic fibers with its 37.5 Technology, Sourcing Journal has reported. It will do so with the help of its supply chain partners, the company has explained. Created by Cocona Labs, the patented 37.5 Technology utilizes natural volcanic minerals that are permanently ...
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News briefsRapala anticipates significant decline in FY23 operating profit
The fishing equipment company, which completed a restructuring of its Helsinki headquarters this month and welcomed back former COO Lars Ollberg as CEO in May, is now forecasting its full-year comparable operating profit to be “significantly below” its FY22 level. Rapala blamed the expected annual profit shortfall on persistent ...
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News briefsKodak opens a textile test facility
Kodak has announced the opening of a textile test facility in the company’s Eastman Business Park in Rochester, New York. The facility will provide a wide range of testing services for use by textile developers, manufacturers and academic institutions to assess specific performance attributes and properties of fabrics. The new ...
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News briefsSnow Peak introduces more sustainable packaging
Japanese camping and outdoor brand Snow Peak announced that as a part of its CSR activities, it is supporting several new sustainably-focused projects, including a comprehensive overhaul of its product packaging. The redesign of product packaging is aimed at making products more environmentally friendly than ever before. By the end ...
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News briefsIs TSG looking to divest Backcountry.com?
TSG Consumer Partners, a private equity firm based in San Francisco, California, is considering options for Backcountry, including a sale of the online outdoor gear and ski apparel retailer, according to Bloomberg News. Backcountry was founded in 1996 in a garage in Park City, Utah. The company sells gear for ...
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News briefsEOCA needs support from C-level executives to secure Nature Restoration Law
The European Outdoor Conservation Association (EOCA) is calling on CEOs, board members and other C-level executives in the industry to lend support to the EU Nature Restoration Law, currently being negotiated by European institutions and at risk of being rejected. As the EOCA explains, on 15 June, the Environment Committee ...
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News briefsAmerican Outdoor Brands shrinks Q4 loss despite lower sales
American Outdoor Brands reported an operating loss of $4.0 million against a loss of $70.8 million in Q4 ended April 30. Period revenues declined by 8.0 percent to $42.2 million from $45.9 million, but gross margin improved by 130 basis points to 45.2 percent from 43.9 percent. Outdoor lifestyle sales ...
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News briefsLa Sportiva acquires Italian shoe upper supplier
Outdoor footwear specialist La Sportiva has acquired a majority stake in Meet Italia, an Italian shoe upper producer and one of Sportiva’s suppliers for more than 20 years. Founded in 1985 by the Morellato family, Meet Italia is based in the outdoor industry cluster of Montebelluna in the Veneto region. ...
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News briefsNew TMC report on fiber fragmentation of recycled polyester to be presented July 3
The Microfiber Consortium (TMC) is hosting an online event on July 3 to launch a new research report that examines whether fabrics made from recycled polyester shed more or less fiber than fabrics made from new polyester. If you’ve ever wondered whether recycled polyester fabrics shed more or less fiber ...
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News briefsLuhta's parent's sales increase 25% in 2022
Luhta Sportswear Company, the parent of the Luhta, Icepeak, Rukka and Dachstein brands, reported a €10.3 million profit in 2022, up from €2.35 million a year earlier, as total revenues increased by 25 percent to €245 million from $196 million. During the year, the Finnish group returned to a normal ...
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News briefsITMA welcomed more than 111,000 visitors this year
The latest edition of ITMA, the quadrennial textile machinery trade event, which was held at Fiera Milano Rho on June 8-14, welcomed more than 111,000 visitors from 143 countries, the organizers have reported. Most visitors were from the host country, Italy (29 percent), followed by Germany, Turkey and India (6 ...
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News briefsNew board members at U.K.’s Angling Trades Association
Five new members are joining the board of the Angling Trades Association (ATA), the voice of the British tackle industry: Daryl Hodges, head of marketing at Dynamite Baits; Ian Latham, managing director of Shimano U.K.; Martin Green, commercial sales manager at Daiwa U.K.; Ifor Jones, head of the Stillwater Fishing ...
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News briefsMaterial Exchange creates global “Deadstock Depot”
Material Exchange, a digital sourcing platform with its head office in Stockholm, has launched a “Deadstock Depot” service to reduce the amount of excess materials that goes to landfill or incineration. Fabrics that deteriorate in warehouses will now be available globally for brands to use. Material Exchange will market ...
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News briefsSemapa acquires bicycle aluminum frame builder Triangle’s
Portuguese aluminum frame builder Triangle’s Cycling Equipments has been acquired by domestic conglomerate Sociedade de Investimento e Gestão (Semapa). The full acquisition was made by Aphelion, a wholly-owned subsidiary of the publicly traded conglomerate. Semapa has so far made a name for itself mainly with holdings in the cement, pulp ...
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News briefsWinners of the Eurobike Awards 2023
This year’s Eurobike Awards 2023 honored 45 products and projects in nine categories. The highest award, “Gold,” was presented nine times. The focus was particularly on innovations designed to make cycling easier and safer. A large number of significant improvements to existing components testify to the existing desire among consumers ...
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News briefsHunter insolvent, new Wellies expected under Authentic
Scottish company Hunter Boots, known for its original Wellington boot, went into administration in the UK on June 5 and changed its name to HBL Realisations Limited on June 14. U.S.-based Authentic Brands Group announced June 2 that it had acquired Hunter’s intellectual property. Documents filed by the company’s administrator, ...
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News briefsNNormal celebrates its first year with a new film
Outdoor equipment manufacturer NNormal, which specializes in trail running and hiking, is celebrating its first anniversary with the launch of a film featuring athlete and brand co-founder Kilian Jornet. “Sketching the Future” follows the 2022 trail-running season in which Kilian Jornet took part in four iconic international races, winning three, ...
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News briefsCovationBio and Primient host a field day event to showcase bio-based material solutions
CovationBio and Primient joined forces with sustainability solutions provider Truterra to highlight how regenerative agriculture is helping to reduce the environmental impact of a host of industries, including the textile industry, in a hands-on field day in America’s “Corn Belt” in Dow City, Iowa. Hosts Dr. Michael Saltzberg (CovationBio CEO), ...
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News briefsVaude partners with UPM on wood-based polyester fleece jacket
Vaude and Helsinki-based UPM Biochemicals are partnering on what they claim is the first-ever fleece jacket made from wood-based polyester. While the resin used to make polyester contains 30 percent monoethylene glycol, traditionally sourced from crude oil, UPM and Vaude’s process replaces this ingredient entirely with UPM’s BioPura, a new ...
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News briefsChiruca renews sponsorship of youth hike
Chiruca has renewed its sponsorship deal with Ruta Inti, CMDsport has reported. Ruta Inti is a non-profit that organizes annual youth hikes in different parts of the world, combining it with cultural immersion and community work. Hikers must speak Spanish and are selected on the basis of an essay and ...
