News Briefs – Page 10
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News briefsPeak Design becomes member of US Conservation Alliance
Peak Design is joining The Conservation Alliance (TCA), a US coalition of like-minded member organizations working to protect wilderness and natural areas, as its newest Pinnacle Member with a $100,000 annual commitment to the organization. Peak Design’s contribution helps fund TCA’s highly diversified grantmaking portfolio, corporate advocacy program, and core ...
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News briefsManfred Steiner appointed new CFO of Oberalp
Source: Oberalp Group Manfred Steiner The Oberalp Group, based in Bolzano, Italy, has appointed Manfred Steiner as its new Chief Financial Officer, succeeding Manuel Stecher. Steiner joins Oberalp with over 17 years of experience at Austria-based Gronbach, an international high-tech company specializing in the production of components ...
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News briefsRudy Project and Team Bahrain Victorious collaborate until 2026
Source: Rudy Project Rudy Project x Team Bahrain Victorious Rudy Project, founded in 1985 in Treviso, Italy, has announced the renewal of its collaboration with the Bahrain Victorious cycling team as the official helmet and eyewear partner until 2026. The Treviso-based brand has been continuously supporting the ...
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News briefsNew distribution deal for P.A.C. in Italy
Nov.ita is the new exclusive distributor in Italy ot the P.A.C. brand, the German specialist in multifunctional headgear and socks. Nov.ita, founded in 1988 and based in Turin, already distributes other brands for outdoor enthusiasts in the country, including Buff, Camelbak, Lifestraw, Montane, Eisbär, Cocoon and more. P.A.C. operates its ...
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News briefsGoPro acquires Australian motorcycle helmet company
GoPro has an agreement in place to acquire Forcite Helmet Systems, a New South Wales, Australia-based maker of tech-enabled motorcycle helmets that was co-founded by Julian Chow and CEO Alfred Boyadgis. Financial terms of the pending transaction were not disclosed. More details about the pending transaction, expected to close before ...
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News briefsSimplon expands presence in Switzerland
Austrian bicycle manufacturer Simplon is focusing more on Switzerland in 2024, thereby emphasizing the importance of the Swiss market. The aim is to position the product portfolio even more comprehensively in the country and improve customer service. With this in mind, the company has enlisted Sideshore AG, based in Wolfhausen ...
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News briefsFazua launches new service partnership in UK
Fazua, known for its high-quality e-bike drive systems, is taking a major step towards internationalization. From mid-January 2024, the brand, which is now part of Porsche eBike Performance GmbH, will be cooperating with Upgrade Bikes Ltd, an experienced distributor in the UK. Upgrade is taking over the entire fulfillment for ...
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News briefsJack Wolfskin makes its debut at Pitti Uomo
Source: Jack Wolfskin Jack Wolfskin’s SS24 Light Hiking collection for men German outdoor company Jack Wolfskin showcased its technical and lifestyle ranges at the latest edition of Pitti Immagine Uomo, which took place at the Fortezza da Basso in Florence on Jan. 9-12. Pitti Uomo, held twice ...
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News briefsNegele to handle POC’s sales in Switzerland
Source: POC Jessica Negele Jessica Negele, previously head of sales activities in Germany, has additionally taken over the position of Country Manager Switzerland for POC, the Swedish manufacturer of ski and cycling helmets, goggles, protection and apparel, on Jan. 1. She has been with the company since ...
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News briefsMajority shareholder Youngone grants short-term loan to Scott Sports Group
The South Korean manufacturer of outdoor clothing and outdoor products Youngone Corporation is granting its Swiss bicycle and winter sports affiliate Scott Sports SA a temporary loan of 150 million Swiss francs (€160.6m). Following the purchase of a 20 percent stake in its long-term business partner Scott Sports Group, which ...
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News briefsBritish Cycling partners with Ice Trikes to support para-cycling
British Cycling has announced a new partnership with adaptive cycle manufacturer Ice Trikes. The partnership will see Ice Trikes become the preferred supplier to British Cycling’s “Limitless” disability and para-cycling program. In addition, through an innovative incentive scheme, all British Cycling members are now entitled to an exclusive 8 percent ...
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News briefsPETA files complaint to FTC against misleading animal welfare claims by SFA
PETA submitted a complaint on Jan. 10 to the US Federal Trade Commission (FTC) pointing out that the Sustainable Fibre Alliance (SFA), whose members include Burberry, J.Crew, M&S and Inditex, is misleading consumers with its Cashmere Standard certification. Despite claiming to “ensure the welfare of goats,” the certification allows for ...
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News briefsCanyon Bicycles expands management team with top industry talent
Source: Canyon Bicycles GmbH Chad Manuell With the appointment of industry expert Chad Manuell as Chief Technology Officer, German DTC provider Canyon Bicycles is expanding its management team and, according to the company, “strengthening its focus on growth and innovation for customers.” Manuell will primarily be ...
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News briefsOR partners with Nikwax to transition away from intentional PFAS use
With its Fall 2024 collection, Seattle-based outdoor apparel manufacturer Outdoor Research (OR) unveils new materials and DWR technologies on its best-selling and now most sustainable rain collection, paired with the brand’s most significant sustainability efforts to date. The redesigned Foray and Aspire waterproof shell collections feature AscentShell ...
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News briefsRenewcell to lay off 30 employees
In November 2023, the Swedish textile recycler Renewcell announced that it had been forced to conduct a strategic review due to financial strains and liquidity problems as a result of declining sales volumes. The company has now completed the restructuring, which has led to the dismissal of 30 employees, i.e., ...
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News briefsPierer Mobility AG to set further turnover and sales records
According to initial preliminary figures, the Austrian two-wheeler giant Pierer Mobility AG will achieve record consolidated sales of between €2.65 and €2.670 billion in FY 2023. Compared to the previous record year 2022, this represents an increase of around 9 percent. The Pierer Mobility Group is not only reporting a ...
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News briefsFormer Nike Brand President appointed to Columbia’s Board
The Board of Directors of Columbia Sportswear Company, owner of the Columbia, Mountain Hardwear, Sorel and Prana brands, has appointed Charles Denson to the Board and as a member of the Audit Committee, effective Jan. 9, 2024. Denson is Chairman of the Board of Directors of the US toy manufacturer ...
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News briefsIncreasing participation in fishing in China
The recreational fishery industry in China’s southern island province of Hainan alone recorded a total output value exceeding 4 billion yuan ($563m) in 2023, representing a year-on-year surge of 90 percent, according to preliminary data provided by local authorities. Fishing participation in the province jumped by 73 percent in 2023 ...
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News briefsDaiwa USA moves to larger facility in California
The fishing tackle brand Daiwa has moved into a new office and warehouse complex in Foothill Ranch, California. The new location, which features 20 truck bays dedicated to inbound and outbound shipping, doubles the space and capacity to ship products. The added square footage also enables Daiwa to have a ...
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News briefsCoDi promotes members of the investment team
Compass Diversified (CoDi), the Connecticut-based owner of PrimaLoft, Boa Technology, 5.11 and Velocity Outdoor, has promoted Raj Dalal from principal to partner and promoted two other members of its investment team. Dalal will lead the team in the firm’s office on the West Coast, where he will be responsible for ...
