All News briefs articles – Page 19
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News briefsSolo Brands announces CFO change
Solo Brands, Inc., the owner of the Solo Stove, Chubbies, Oru Kayak, Isle and Icy Breeze brands, announced that Somer Webb, Chief Financial Officer, has notified the company of her intent to pursue other opportunities. Webb will remain with the company until Dec. 10, 2023. She started her position at ...
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News briefsBike24 again revises 2023 revenue forecast
Based on preliminary calculations for the third quarter of 2023, the Management Board of listed e-commerce bicycle retailer Bike24 Holding AG decided on Oct. 25 to adjust the forecast for the company’s revenue development in fiscal year 2023, or more precisely: to correct it downward. The company’s already revised forecast ...
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News briefsCarbios strengthens its leadership team
Source: Carbios Bénédicte Garbil French biotech firm Carbios has announced the appointment of Bénédicte Garbil as Senior Vice President of Corporate Affairs and Sustainability. She also joins the group’s executive committee. Garbil began her career as a public affairs advisor at the French Federation of Healthcare Industries ...
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News briefsAngling Direct announces half year sales and profit growth
UK-based fishing tackle retailer Angling Direct has announced total group sales of £43.3 million (€49.6m) for the first six months ended July 31, representing an 11.4 percent increase. Like-for-like store sales increased by 4.9 percent. Domestic retail stores were £24.4 million (€28.0m), up 11.3 percent. Online sales rose by 8.3 ...
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News briefsAnother activist investor targeting VF Corp
Only one week after Engaged Capital set its sights on VF Corp., a second activist investor, Los Angeles-based Legion Partners, has acquired an undisclosed stake in the company and wants it to divest brands such as Timberland, Bloomberg reported, citing sources familiar with the matter. VF just named former Nike ...
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News briefsEOCA kicks off Green Friday campaign
The European Outdoor Conservation Association (EOCA) is once again inviting companies in the outdoor industry to take part in the antidote to Black Friday, Green Friday, and raise money to help fund EOCA projects. Green Friday is Nov. 24 this year. Instead of discounting products and encouraging impulse purchases that ...
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News briefsOdlo x Burton release first snowboarder-specific baselayer
Odlo has joined forces with Burton to create the first snowboard-specific base layer in the Swiss base layer brand’s history. The Odlo x Burton Slokar Performance Wool 200 base layer is a seamless, technical performance base layer comprising of a crew neck long sleeve top and matching 7/8th length ...
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News briefsNew bike saddle from Huan targeting a more comfortable ride
Source: Huan PPS4 bike saddle The South Korean bicycle saddle brand Huan has developed two new types of its Huan PPS prostate protection saddles to make riding safer and more comfortable. The Huan PPS4 Flat saddle is designed for people with large hips or a heavier weight, ...
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News briefsInternetstores GmbH files for insolvency
Stuttgart-based Internetstores GmbH, which includes the bike and outdoor online shops Fahrrad.de, Bikester, Campz and Addnature, filed for insolvency at the Stuttgart District Court on Monday afternoon. The company is part of Signa Sports United (SSU), the sporting goods division of the Signa Group founded by Austrian investor René Benko. ...
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News briefsKamik celebrates 125 years
Canadian brand Kamik, manufacturer of sustainable ecological footwear and weatherproof children’s outdoor clothing, is looking back on 125 years of history. Founded in 1898 and produced in North America since then, from 1991 onwards, the Canadians pursued a course of expansion and served the European market for the first time. ...
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News briefsInventory levels weigh on Outnorth’s FY2022
International outdoor e-tailer Outnorth, based in Växjö, Sweden, has presented its financial results for FY2022. Net sales increased slightly to 1.1 billion Swedish kroner, compared with SEK 1.073 billion a year earlier. At the same time, operating profit fell significantly to SEK 2.1 million, down from nearly SEK 60 million ...
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News briefsVista Outdoor appoints General Counsel for Revelyst
Source: Vista Outdoor Jung Choi Vista Outdoor announced that Jung Choi will serve as General Counsel and Corporate Secretary for Revelyst following the planned spin-off of Vista’s Outdoor Products segment into a separate public company. Her appointment will be effective Oct. 23. Until the spin-off is completed, ...
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News briefsHeiQ AeoniQ joins Canopy initiative
HeiQ AeoniQ has become an active brand partner of the Canopy initiative, which addresses the climate and biodiversity crises by committing to keep ancient and endangered forests out of the man-made cellulosic fiber supply chain. HeiQ AeoniQ is HeiQ’s key initiative to support textile brands and mills to achieve their ...
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News briefsVista Outdoor announces CFO for Revelyst
Source: Vista Outdoor Andy Keegan Previously considered a plan, it’s now official: Andy Keegan, currently Vista Outdoor’s vice president and interim CFO, will serve as Revelyst’s CFO following the planned spin-off of Vista Outdoor’s Outdoor Products segment into a separate public company. Keegan will continue to serve ...
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News briefsPernilla Nyrensten declines re-election to RVRC’s board
Source: RVRC Pernilla Nyrensten In a press release accompanying its proposal for the composition of Revolution Race’s (RVRC) Board of Directors for the next Annual General Meeting on Nov. 21, the company’s Nominating Committee published last Friday that Pernilla Nyrensten has decided to leave the board of ...
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News briefsNew Chairman of the Board at Sea to Summit
Australian adventure gear brand Sea to Summit has appointed Wayne England as its new Board Chair. England is an accomplished executive with a distinguished career in the consumer products industry. Throughout his career, Wayne has held several executive and non-executive positions in leading multinational consumer goods companies, most notably Nestlé. ...
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News briefsRumpl hires new VP Global Brand Marketing
Source: Rumpl Josh Weichhand US outdoor blanket brand Rumpl, founded in 2014, has hired brand and marketing expert Josh Weichhand as Vice President, Global Brand Marketing. Weichhand will lead and oversee Rumpl’s marketing, brand strategy, e-commerce, creative and international efforts. He brings more than a decade of ...
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News briefsCocona Labs becomes member of The Conservation Alliance
Cocona Labs, the manufacturer of 37.5® Technology, has joined The Conservation Alliance. Cocona Labs’ membership dues directly support conservation efforts and advocate for protected lands. Cocona Labs is one of the few material suppliers to join the organization and is committed to encouraging more suppliers to actively participate in sustainability ...
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News briefsJohnson Outdoors to focus on Jetboil brand in camping segment
Johnson Outdoors Inc., the US outdoor recreation equipment and technology provider, announced that it is exiting its Eureka product lines. The product lines will be available for sale as it winds down operations and plans on fulfilling all customer requirements through the end of 2024. “After careful and thoughtful consideration, ...
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News briefsBASF and Asahi Kasei team up on sustainable stretch fibers
BASF has announced that it is supplying biomass-balanced tetrahydrofuran (THF BMB) to the ROICA division of Asahi Kasei Corp., a multinational Japanese company. BASF’s THF BMB is said to offer a significant reduction in product carbon footprint compared to its standard grade of THF products, according to BASF. This is ...
