All News briefs articles – Page 153
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News briefsLenzing and Södra partner with Riopele to advance circularity
Lenzing, the Austrian supplier of specialty fibers, has announced “the next major milestone” in its strategic partnership with Sweden’s pulp producer Södra to promote circularity in fashion. Together with Riopele, a Portuguese fabric manufacturer, the two companies are developing textiles made from recycled and sustainably produced materials for a spring/summer ...
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News briefsNnormal launches No Trace recycling program
Nnormal, the outdoor brand specializing in trail running and hiking products, is launching the No Trace Program, an initiative to invite consumers to recycle shoes, clothing and sports accessories that they no longer use. The recycling initiative is being launched through a documentary. Consumers will be able to recycle worn-out ...
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News briefsMicro-mobility expert Kõu Mobility Group acquires majority stake in Ampler Bikes
On Feb. 14, Kõu Mobility Group and Ampler Bikes announced they are joining forces to strengthen their position in the micro-mobility sector. Both Estonia-based companies signed an investment and share exchange agreement that makes Kõu the new 51 percent majority shareholder of Ampler. Ardo Kaurit will remain CEO of the ...
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News briefsNew additions to Pearl Izumi’s athlete team
Pearl Izumi, the Colorado-based cycling apparel and footwear brand, has announced its athlete squad for 2023. Whitney and Zack Allison have joined the athletic team, while current members Alexey Vermeulen, Hannah Shell, Jake Magee, Brooke Goudy, Mark Mathews and Marley Blonsky were re-signed. Whitney and Zack Allison are best known ...
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News briefsNew head of brand at Suunto
Nicolas Holtzmeyer, new head of brand for Suunto Nicolas Holtzmeyer was appointed head of brand of Suunto on Dec. 1, 2022, moving to the company’s headquarters in Vantaa, Finland. In his new role, he is responsible for Suunto’s global brand presence. His focus will be on building ...
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News briefsKMD reports H1 sales on improving trends
KMD Brands Limited – the New Zealand-based global outdoor, lifestyle and sports company that includes the Kathmandu, Rip Curl and Oboz brands – citing continued sales momentum in Q2, reported record H1 group sales of NZ$546 million (€322.6m) for the six months ended Jan. 31. According to the company’s preliminary ...
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News briefsPolartec’s owner announces new leadership structure
Milliken & Company has promoted Ramesh Kesh and Eric Yung, two long-time employees, to new roles and responsibilities. In addition to his position as senior vice president of Milliken & Company, Kesh will now also oversee all Polartec business units, as well as the government and defense business units. Kesh ...
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News briefsMajor Craft opens a distribution hub in Spain
Major Craft, a Japanese fishing tackle supplier with headquarters in Osaka, has opened an office and warehouse in Madrid. The new distribution hub is part of the company’s plan to increase its sales presence in Europe and better serve that market. The company has also announced plans to develop rods, ...
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News briefsNew CFO and COO at Rocky Brands
Rocky Brands, mother of Durango and Georgia brands among others, has hired Sarah O’Connor as senior vice president, chief financial officer, and treasurer. O’Connor will officially join the company in mid-March. At that time Tom Robertson, who has served as Rocky Brands chief financial officer and treasurer since March 2017, ...
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News briefsMammut enters partnership with CO2 storage company
Mammut has signed a “Carbon Dioxide Removal (CDR)” agreement with the Swiss company Climeworks, to remove part of its CO2 emissions directly from the atmosphere using “Direct Air Capture” technology. Mammut has pledged to be net-zero by 2050 and is Climeworks’ first customer from the outdoor industry. Signing this agreement ...
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News briefsLeadership change at Newell Brands
In light of the upcoming retirement of current Newell Brands CEO and board member Ravi Saligram, the company has announced the appointment of Chris Peterson as president and CEO, effective May 16, 2023. At the company’s 2023 annual meeting of stockholders on that date, the board also plans to nominate ...
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News briefsBestseller updates its Circular Design guide
The free Circular Design Guide, first published last year by the Bestseller Group, has been updated with new intelligence. The new version, which has also been adjusted in accordance with the expected changes in legislation resulting from the EU Commission’s textile strategy, is available online here. “Since the first edition, ...
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News briefsNew president at the Napapijri brand
Silvia Onofri has been appointed president of Napapijri, a brand in VF Corp.’s portfolio. She succeeds Massimo Ferrucci, who left VF Corp. last year. In her new role, she will report to Martino Scabbia Guerrini, executive vice-president at VF Corp. Most recently, Onofri served as chief commercial officer global wholesale ...
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News briefsRevolutionRace sales up 30% in Q2
Under new CEO Paul Fischbein, RVRC Holding generated record quarterly sales of 509 million kroner (€46.5m) against SEK 392 million for the second quarter ended Dec. 31. Adjusted EBIT was flat at SEK 117 million (€10.7m) as gross profit contracted to 70.7 percent from 71.4 percent. EBIT margin came in ...
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News briefsNewell Brands’ outdoor & recreation segment widens Q4 loss
The business unit, which includes CampingGaz, Coleman, Marmot and Ex-Officio, recorded a $14 million operating loss against a loss of $1 million for the period ended Dec. 31. Total segment sales fell by 21 percent to $211 million from $304 million because of unfavorable currency conversion impact and the exit ...
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News briefsLectra looks back on a strong year 2022
For 2022, Paris-based company Lectra – a specialist in digital design solutions and cutting equipment – has reported a 35 percent increase in revenues to €521.9 million and a net income of €43.8 million. EBITDA was up 51 percent to €98.4 million. In Dec. 2022, Lectra announced the signature of ...
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News briefsInternetstores announces new CEO
Internetstores has a new CEO in Torsten Waack van Wasen, who succeeds Max Heimann as leader of the multichannel specialty retail giant. According to company news, Heiman left at his own request after taking on the role only about six months ago. The digital specialist retailer for bicycles includes brands ...
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News briefsNew appointment to IAA Mobility aims to give cycling greater presence
Source: IAA Mobility Since its move from Frankfurt to Munich, the The International Motor Show (IAA, now IAA Mobility) has shifted from a pure automobile show to a mobility show. Within this context, the IAA Mobility team is working to get more exhibitors and visitors from the ...
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News briefsExped hires new product manager
Source: Exped Mathieu Corbineau Swiss brand Exped has hired Mathieu Corbineau as its new product manager for its backpacks, stuff bags and gear bags, replacing the current product management team of Muriel Weber and Marc Raillard. The two will concentrate on other roles within the company. Weber ...
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News briefsSeventh French Outdoor Awards: winners 2023 announced
Now in its seventh year, the French outdoor manufacturers’ trade association Outdoor Sports Valley (OSV) has picked the most innovative four products from four categories, to be awarded the French Outdoor Award: Source: OSV Relief from Cyclik The competition is open to start-ups as well as multinationals, ...
