All News briefs articles – Page 157
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News briefsNew Millet store in Turin
After opening in Bolzano in November, Millet has now added another new flagship store in Turin at Via Gramsci 15. These two stores are the brand’s eighth and ninth in Europe and part of a broader retail plan for Italy that will see more openings, also in franchising, especially in ...
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News briefsOutdoor report by Marketmedia24 gives future outlook
Marketmedia24 has launched its new “Branchen-Report Outdoor 2023,” which puts a spotlight on the market development in Germany from the pandemic years 2020 and 2021 to 2022, a year overshadowed by war and inflation. Overall, Marketmedia24 sees 2022 as a year of slightly negative sales numbers (-1.4 percent) for the ...
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News briefsGlobal economy upsets Stellar’s results despite sales increase
Swedish trade publication ehandel.se reports that outdoor brand Stellar Equipment was able to boost sales in the past fiscal year. However, the company still ended up in the red because while sales increased from SEK 152 million (€13.6m) to SEK 167 million (€15m), the operating result landed at SEK -13.8 ...
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News briefs
WFSGI and McKinsey release annual Sporting Goods Report for 2023
“Clouds are gathering on the horizon for the global sporting goods industry.” So says the latest annual report from the WFSGI and McKinsey, Sporting Goods 2023 – The need for resilience in a world in disarray, produced in collaboration with The NPD Group. As previously previewed at ISPO in November ...
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News briefsGlobal situation worsens according to new Circularity Gap Report
Global impact organization Circle Economy has released its latest annual Circularity Gap Report – for the first time this year in collaboration with Deloitte. The report makes for sobering reading, with circularity down from 8.6 percent in 2020 to 7.2 percent in 2023 and the world relying almost exclusively on ...
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News briefsModern Meadow and Singtex partner on new sustainable materials for outdoor wear
Biotech firm Modern Meadow and Singtex, a global supplier of functional textiles, will co-develop innovative biomaterials, starting with a sustainably produced, high-performance, waterproof membrane-based material for outdoor apparel. The bio-derived membrane-based material, free of solvents and per- or poly-fluorinated alkyl substances (PFAS), is engineered to bring the outdoor industry a ...
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News briefsGathr Outdoors launches cross-brand loyalty program in the U.S.
Tennessee-based Gathr Outdoors, a portfolio company of Centre Partners that owns the Orca, GCI Outdoor and Klymit brands, amongst others, announced a new cross-brand, multi-tier loyalty program called Gathr Rewards, designed to reward customers with points redeemable for dollars towards future purchases. The program will initially encompass Orca, GCI Outdoor, ...
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News briefsBicycle Association and Novuna partner to make bike purchases more affordable
The U.K.’s trade association for the bicycle industry, the Bicycle Association (BA), has entered into a new partnership with Novuna Consumer Finance, one of the U.K.’s leading retail finance providers. The partnership will enable all BA members and the more than 1,000 U.K. bicycle retailers participating in its Investors in ...
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News briefsJack Wolfskin launches social report 2021
Jack Wolfskin has summarized its CSR efforts and achievements for fiscal 2021 in a new social report that has just been published. The company notes the challenges of the Covid-19 pandemic, which forced it to develop new methods for effective collaboration with its 49 suppliers without being able to visit ...
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News briefsDeuter achieves Fair Wear Leader status again
German brand Deuter has confirmed its leader status with the multi-stakeholder initiative Fair Wear Foundation for the tenth time in a row, reaching 94 of the maximum of 100 points possible. The yearly check-up validates the implementation of fair working conditions in a company’s supply chain. Besides the measures taken ...
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News briefsAustrian ARGE Outdoor officially launched
As previously announced, the association of sporting goods manufacturers and sports equipment suppliers of Austria (VSSÖ) has founded the industry interest group ARGE Outdoor with 16 members and 20 brands on Jan. 17, 2023. Founding members are Arva, Deuter, Dynafit, Fizan, Fritschi, Intersport, La Sportiva, Leki, Löffler, Lowa, Mammut, Martini, ...
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News briefsE-com start-up Velio offers refurbished bikes and e-bikes, expands into Austria
In its online shop for refurbished bikes and e-bikes, German start-up Velio wants to offer a higher quality alternative to private used gear marketplaces. Velio sells secondhand bikes and e-bikes that are overhauled at the company’s workshop in Cologne. All bikes come with a 12-month guarantee and can also be ...
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News briefsNew CEO for bike components manufacturer BC
Source: Bike-Components Dominic Land Dominic Land is the new CEO in charge of Bike-Components, the German online retailer of bicycles and bicycle parts, since Jan. 1. He has taken over from Philipp Simon. The succession of Simon has been in the works for some time in close ...
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News briefsRab supports educational initiative Xhow
Rab has entered a new partnership with the project Xhow, an educational initiative founded by mountain guides in 2006 that is active mainly in the Alps region. The project offers free training for skiers, bikers and climbers under the titles snowhow, climbhow and bikehow for children and teenagers as well ...
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News briefsPolygiene Group acquires former distributor Biomaster US
As part of its U.S. expansion strategy, the Swedish Polygiene Group has acquired Biomaster US LLC, former distributor and customer of its subsidiary Addmaster Ltd. This acquisition gives the company a foothold in the U.S. and Central and South America, while BioMaster US CEO Charlie Matthews becomes part of the ...
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News briefsAcai Outdoorwear secures £3 million investment
Womenswear brand Acai Outdoorwear has secured a £3 million (€3.4 million) investment from Growth Partner, a consumer-focused investment firm that is backed by HomeServe founder and chief executive Richard Harpin. Acai’s investors since October 2019, DSW Ventures, will be exiting as part of the deal. In addition, James Worrall, investment ...
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News briefsEcovative acquires Netherlands-based Lambert Spawn Europa
New York-based mycelium technology company Ecovative has acquired Lambert Spawn Europa B.V., a mushroom spawn production facility in the Netherlands, from a subsidiary of Pennsylvania-based Lambert Spawn Co. Ecovative works with partners throughout the textiles, food and packaging industries. The acquisition allows Ecovative to integrate a major source of ...
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News briefsSAC gives an update on the Higg Index reviewing process
In a blog post published on the Sustainable Apparel Coalition’s (SAC) website, Jeremy Lardeau, the VP of the coalition, gives an overview of the process of the Higg Index review that is planned for this year. With the last review being made in 2017, the SAC is now working with ...
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News briefsAmerican Fishing Tackle Company (AFTCO) enters Japanese market
Fishing clothing specialist American Fishing Tackle Company (AFTCO) has announced a distribution deal in Japan. Sunline, the Japanese fishing line maker that has been appointed as its distribution partner, will manage the sales and marketing of AFTCO products in the country. AFTCO, founded in 1958 and headquartered in Santa Ana, ...
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News briefsNew GM at Ideal Bike Corporation
Following the resignation of Tim Lin as general manager of Ideal Bike Corporation, Taiwan’s third-largest bicycle and e-bike manufacturer, on Dec. 31, the company will now be led by Frank Chen, the former vice president of Ideal China. According to the company’s chairman Hermes Chang, Chen has already demonstrated his ...
