All News briefs articles – Page 16
-
News briefsNew CEO for The Lycra Company
Source: The Lycra Company Gary Smith The Lycra Company announces that it has appointed Gary Smith as Chief Executive Officer, effective Nov. 27, 2023. Smith will succeed Dean Williams, who has served as acting CEO since August. Williams will retain his role as Chief Financial Officer and ...
-
News briefsAku inaugurates new line of production
Italian-based outdoor footwear maker Aku has inaugurated a new line of production at its factory in Montebelluna. The new state-of-the-art machine for outdoor and professional footwear reportedly represents an investment of €1.3 million. The project has been developed in partnership with Stemma, also an Italian company which specializes in the ...
-
News briefsNaturkompaniet continues to say no to Black Friday
Swedish retailer Naturkompaniet keeps distancing itself from Black Friday campaigns and instead encourages customers to take care of the clothes and equipment they already have. From Nov. 20-25, customers can therefore have their leather hiking boots and G-1000 products from Fjällräven waxed for free in all stores in Norway. During ...
-
News briefsScarpa could reportedly sell 25% stake to external investor
Scarpa is believed to have hired the investment bank Finint to find an investor ready to buy about 25 percent of the Italian footwear company, according to the daily Corriere della Sera. The transaction would enable the company to raise funds to accelerate its expansion, which could include acquisitions, it ...
-
News briefsRapala plans to issue securities
Finnish fishing tackle manufacturer Rapala VMC is considering issuing up to €25 million worth of securities to strengthen its balance sheet and create financial flexibility while at the same time seeking to reduce expenses and optimize inventory levels. The company pointed out that this move will open up its financing ...
-
News briefsAluula announces management changes
Canada-based Aluula Composites Inc.’s Chief Operating Officer John Zimmerman will expand his responsibilities to oversee the Windsports Division as the division now drives near-term revenue growth, qualifying it for dedicated, dedicated management. Zimmerman has been instrumental in shaping the brand’s history and is uniquely positioned to drive growth in this ...
-
News briefsTraffic Distribution sets up its own bicycle wholesaler branch in the UK
German bicycle wholesaler and importer Traffic GmbH (Traffic Distribution) is expanding its activities in the UK, setting up its own branch with a warehouse and office in Hastings under the name Traffic UK. Since Brexit, EU and UK companies have tried to continue doing business while avoiding additional costs ...
-
News briefsNemo expands circularity efforts into Europe
Nemo has expanded its Endless Promise collection and its circular economy program to now include Europe. In 2024, the Endless Promise product-line will be expanded to include three down sleeping bags (Disco, Riff, Coda) and the Resolve and Vantage backpack lines. Nemo introduced its first product in its fully recyclable ...
-
News briefsNew POC helmet certified for skiing, mountaineering, and cycling
POC has released its first helmet certified for skiing, mountaineering, and cycling. The Calyx is designed to be “the one helmet that will protect from the door to the summit.” Certification standards for the three activities are varied. Ski and Cycling certifications are widely centered on a “drop test” to ...
-
News briefsCEO of Sustainable Apparel Coalition to step down
CEO of The Sustainable Apparel Coalition (SAC), Amina Razvi, will leave the organization as of Dec. 29, 2023. Her departure comes as the organization enters “a new phase of growth and expansion to adjacent product categories.” Source: The Sustainable Apparel Coalition Amina Razvi In making the ...
-
News briefsSorel has a new President
Sorel, part of Columbia Sportswear Company, has announced its new President. Cory Long will be joining the company in December 2023. Source: Columbia Sportswear Cory Long, new President of Sorel Long is a veteran of the footwear and apparel industry, most recently serving as Global General ...
-
News briefsKMD Brands announces interim CFO solution
Further to the announcement on July 7, 2023 of Chris Kinraid’s resignation as Group Chief Financial Officer, KMD Brands, the New Zealand parent of Oboz, Kathmandu and Rip Curl, has confirmed that Kinraid’s last day with KMD Brands will be Dec 8, 2023. While KMD Brands continues to recruit for ...
-
News briefsNew CEO and CFO at Freudenberg Performance Materials
Freudenberg Performance Materials has named a new CEO and CFO, who will take on the roles from Jan. 1, 2024. Dr. Andreas Raps will succeed Dr. Frank Heislitz as Chief Executive Officer, and Marco Altherr will take over from Thomas Herr as Chief Financial Officer. Source: Freudenberg ...
-
News briefsSamsonite posts double-digit sales gains across all brands in Q3
Samsonite, attributing its gains to normalized growth in European and North American travel and the early stages of recovery in China, reported double-digit sales growth across all its brands in Q3 ended Sep. 30. The Other segment, which includes Gregory Mountain Products, High Sierra and other brands, generated 10.3 percent ...
-
News briefsOdlo and POW release base layer collaboration
Swiss-based performance apparel brand Odlo has released its first product collaboration with the NGO Protect Our Winters (POW) Switzerland. Source: Odlo The co-branded base layer, Odlo x POW Blackcomb, features a shared logo and has been co-created to minimize environmental impact, featuring a unique design created specifically ...
-
News briefsMammut enters South Korean market
Following its success in Japan and China, the Swiss mountain sports apparel and equipment brand Mammut is continuing its expansion in Asia and is launching in Korea with the fall/winter 2024 season. Mammut will be represented in Korea by the local distributor Creas F&C Co. Ltd. “Creas F&C has an ...
-
News briefsInsolvent KSR Group to continue as a going concern
On Nov. 8, representatives of the creditors of the Austrian two-wheeler wholesaler and importer KSR Group GmbH, which slipped into insolvency on Sept. 6, 2023, met at the Krems District Court. Also on site: The appointed Restructuring Administrator Dr. Christoph Sauer from the law firm Riel Grohmann and the owners ...
-
News briefsRevelyst hires digital content consultant for Foresight Sports
Source: Revelyst Andrew Stalbow Revelyst, a Vista Outdoor company, announced that Andrew Stalbow will initially join San Diego-based golf brand Foresight Sports as a digital content and gaming consultant. Stalbow’s consulting role went into effect Nov. 3. Stalbow was previously CEO of Seriously, a company he co-founded ...
-
News briefsNew CEO for Garmont
Garmont International, the Italian manufacturer of technical footwear, has appointed Andrea Nalesso as its new CEO. Nalesso takes over from Pierangelo Bressan, who remains Chairman of the Board and shareholder in Garmont. Source: Garmont International Andrea Nalesso Nalesso’s professional career has two focal points that lend themselves ...
-
News briefsHelly Hansen generates strong wholesale, ecomm sales for Canadian Tire
Third quarter sales for Helly Hansen, the Norwegian outdoor brand owned by Canadian Tire, rose 28.2 percent to Canadian $219.2 million (€148.7m) from C$148.7 million. Sales outside of Canada increased by 32 percent to C$199.1 million (€135.1m) from C$150.9 million. Nine-month brand sales were C$563.2 million (€382.1m), with 92 percent ...
