News Briefs – Page 6
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News briefsFenix Outdoor acquires 30% of its Czech retail partner
Fenix Outdoor, the international outdoor equipment and apparel company based in Zug, Switzerland, since 2014 but listed on the Stockholm Stock Exchange due to its Swedish roots, has acquired a 30 percent stake in Arctic Fox s.r.o., its retail partner operating six Fjällräven stores and an online business in the ...
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News briefsFrasers Group revives Wiggle in strategic acquisition deal
Frasers Group, the parent company of Sports Direct, has made a strategic move with the acquisition of online bike retailer Wiggle and saved the company from insolvency following the collapse of Signa Sports United (SSU). The acquisition expands Frasers Group’s already diverse portfolio of cycle brands, which includes Evans Cycles ...
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News briefsOdlo migrates online business to Scayle
Sportswear brand Odlo has chosen Scayle’s enterprise commerce platform to future-proof its online business. The launch of Odlo’s new online presence is planned for early 2025. The move to Scayle will provide the Swiss-based functional apparel manufacturer with a flexible and expandable e-commerce platform optimized for B2C brands and retailers. ...
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News briefsADAP joins Afydad
Spain’s Association of Fishing-Tackle Distributors (ADAP), a non-profit, has joined the Spanish Association of Sporting-Goods Manufacturers and Distributors (Afydad). Spain – says Afydad, citing the government – has about 1.5 million extant fishing licenses. The Fishing and Casting Federation’s rate of issuance has been increasing of late, and licenses issued ...
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News briefsEnthusiastic friends unite to save Swedish outdoor store from closure
For over 50 years, Friluftsvaror has been dedicated to making outdoor life accessible to all. When the Malmö store faced closure due to bankruptcy, it stirred strong emotions among customers and outdoor enthusiasts in the southern parts of Sweden. Four individuals, bonded by their love for the outdoors, formed the ...
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News briefsNew CEO for Bergans
Source: Bergans Bergans’ new CEO, Silje Garberg Ree The Board of Directors of Bergans Fritid AS has appointed Silje Garberg Ree as CEO. She succeeds Jan Tore Jensen, who had led the company since 2018 and announced his decision to step down in September 2023. The company’s ...
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News briefsSamsonite looks at options after reported takeover interest
Samsonite, the parent company of Gregory, High Sierra, Xtrem and other luggage and bag brands, is considering options, including going private after receiving a takeover offer from undisclosed bidders, Bloomberg reports, citing sources said to be familiar with the matter. Some private equity firms have reportedly analyzed a deal with ...
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News briefsPatagonia teams up with Eastman to address textile waste
Outdoor clothing brand Patagonia and global specialty materials firm Eastman teamed up to recycle around 3,600kg of pre- and post-consumer clothing waste, which Eastman processed through its molecular recycling technology. The process consists of breaking down unusable apparel from the outdoor brand into molecular building blocks that Eastman can use ...
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News briefsFifth Fair Wear Foundation Leader Status for Ortovox
The southern German mountain sports specialist Ortovox has been awarded Leader Status (73 points) by the Fair Wear Foundation – for the fifth time since 2018. “This recognition means a lot to us,” said Katrin Bauer, Director CSR. “It shows that our efforts to do business responsibly are successful.” Last ...
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News briefsGo Outdoors to open Express store in major Newcastle mall
UK retailer Go Outdoors, part of JD Sports Fashion, has confirmed that it will open a store later this year at Metrocentre, one of Europe’s largest shopping malls, in Gateshead, near Newcastle. The shopping mall was opened in 1986 and contains around 330 retail outlets. The store will present itself ...
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News briefsMesse Frankfurt extends its event portfolio in Central Asia
Messe Frankfurt has announced the creation of seven brand events in Tashkent, Uzbekistan, involving textiles and clothing, automotive, cosmetics, logistics, and transportation. The line-up of shows include: Automechanika Tashkent; Futuroad Expo Tashkent; and Scalex Tashkent: Oct. 23-25, 2024. Heimtextil Uzbekistan; Texworld Tashkent; and Apparel Sourcing Tashkent: Nov. 6-8, 2024. ...
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News briefsH&M and Arvind test sustainable dyeing alternative
H&M Group is testing a new dyeing alternative by Mumbai-based Deven Supercriticals at its partner factory Arvind that is said to reduce water, energy and chemical use during the dyeing process. Unlike conventional dyeing methods, which heavily rely on water and chemicals, the Suprauno dyeing technology, engineered by Deven, uses ...
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News briefsMystery Ranch partners with Vallfirest on forest fire management in the EU
Mystery Ranch, the Montana-based backpack specialist just acquired by Yeti, announces a partnership with Vallfirest, a company specialized in the manufacturing of equipment, tools, and solutions for the extinguishing and prevention of wildfires, to jointly contribute to global wildfire management solutions. As part of this partnership, Mystery Ranch’s firefighting products ...
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News briefsFairnamic sets date for Eurobike 2025
The 32nd edition of Eurobike will take place on the grounds of Messe Frankfurt on July 3-7, 2024. Even before its start, Fairnamic announced the date of the following (33rd) edition of the trade show, which will be held on June 25-29, 2025, in Frankfurt. Eurobike 2025 is being brought ...
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News briefsRenewcell expands its Circulose Supplier Setwork
Renewcell, the Swedish textile-to-textile recycler, has announced that 35 new members have joined its Circulose Supplier Network, now totaling 151 members, including spinners, weavers, textile mills, garment manufacturers and more. The latest cohort comprises suppliers with vertical operations (10), yarn spinners (16), garment manufacturers (4), and home and denim textile ...
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News briefsAngling Direct announces 10% sales increase
U.K.-based fishing tackle retailer Angling Direct saw its revenues increase by 10.2 percent to £81.7 million (€95.7m) in its latest financial year to January 2024. Domestic sales grew 9 percent to £77 million (€90.2m), boosted by new store openings in Cardiff and Yorkshire. The company now has 47 stores across ...
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News briefsBMC tests short-time work during weak market conditions
Several brands from Central Europe have been struggling after the pandemic. BMC is the latest, as the Swiss bicycle market is also facing hard times. Due to the drop in demand, the company has applied to the Canton of Solothurn’s office for economic and labor affairs for short-time work as ...
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News briefsKú Cycle seeks to raise €200,000 via crowdfunding campaign
Triathlon bike specialist Kú Cycle seeks to raise €200,000 via a crowdfunding campaign on Crowdcube. At the time of writing, the company has raised €142,000. Customers are offered a pre-purchase bike fit and build-to-order business model. The company has a granted patent for the Fork Air Stream Technology (FAST), which ...
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News briefsMontane publishes first Impact Report
As part of its commitment to reduce its environmental impact, outdoor clothing specialist Montane has just released its “2023 Impact Report.” The company said that from now on, it will publish these reports annually. The report highlights Montane’s initiatives in three key areas: People, Product, and Planet. Montane’s journey to ...
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News briefsNew COO at Woom
Source: Woom GmbH Johannes Kisslinger The Vienna-based company Woom, an international children’s and youth bicycle expert, has appointed Johannes Kisslinger as its new Chief Operating Officer (COO). In his position, Kisslinger is responsible for production, supply chain management, purchasing and logistics, quality management, product compliance, and testing, ...
