News Briefs – Page 9
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News briefsCake opens showroom in Prague
Cake, the Swedish manufacturer of electric motorcycles, announced the extension of its global distribution network, with the Czech Republic emerging as one of the first European countries to join the significant export expansion. This development is a part of Cake’s strategic initiative to enhance its global presence and bring electric ...
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News briefsSustainable Deuter Infiniti series with new winter products
As part of its sustainability strategy, the German outdoor brand Deuter reached an important milestone in the summer of 2021 with the the Infiniti series: Only residual materials left over from the manufacture of other Deuter products are used to produce this limited series. It is therefore not only particularly ...
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News briefsCourt approves reorganization plan for Swedemount Sportswear & Fashion
On Jan. 26, 2024, the District Court of Gothenburg decided to approve the reorganization plan for Swedemount Sportswear & Fashion AB. The majority of the company’s suppliers and creditor groups voted in favor of approving the restructuring plan. “We look forward to further expanding our cooperation in the future,” said ...
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News briefsInternetstores at risk
The website Exciting Commerce reported that no investor has been found for Internetstores GmbH, a former subsidiary of the online sporting goods retailer Signa Sports United (SSU), which is also insolvent. Internetstores includes more than 32 web stores for bicycles, bicycle accessories, sporting and outdoor products, including Addnature, Bikester, Brügelmann, ...
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News briefsTNT Cycles hires experienced manager for Megamo
At the turn of the year, Megamo manufacturer TNT Cycles SL, based in Vilablareix (near Girona, Spain), appointed a new Managing Director for its up-and-coming bicycle brand. According to the company, the appointment of Florentino “Tino” González as the new Managing Director of Megamo is “an important appointment for the ...
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News briefsZamberlan names new rep for Southeast, South Central USA
Zamberlan, the third-generation Italian bootmaker founded in 1929, announces the addition of Odle Sales as its new manufacturer’s representative agency in the Southeast (Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, Tennessee, Virginia) and South Central (Texas, Arkansas, Oklahoma, Louisiana) regions of the US. Founded in 1983, Odle Sales has ...
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News briefsRevelyst hires Chief Human Relations Officer
Source: Business Wire Joyce Butler Revelyst, the Outdoor Products division of Vista Outdoor, has announced the appointment of Joyce Butler as Chief Human Relations Officer. Revelyst is currently in the process of spinning off into a stand-alone public company, which is expected to be finalized later this ...
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News briefs35.5 million of VF customers may be affected by cyberattack
VF Corp. said in an SEC update that data from about 35.5 million of its customers was stolen in the Dec. 13 cyberattack (our sister publication SGI Europe reported) that encrypted some of its IT systems. The parent company of The North Face and Vans further stated that it does ...
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News briefsCampsider raises €2.5 million
Campsider, a French e-marketplace that sells second-hand outdoor and sporting goods, has secured €2.1 million in seed funding. The round was led by Founders Future, with Inovexus, Machame, Fair Equity and several business angel investors, including Christian George, the founder of Vestiaire Collective, and Xavier Le Guen, VP of Winter ...
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News briefsMustang Survival and Wing Group with new leadership
Source: Mustang Survival Kenny Ballard Outdoor industry professional Kenny Ballard has been named the new president of Mustang Survival, a Canadian company designing and manufacturing lifesaving solutions for angling, sailing, paddling and boating since 1967. Ballard takes over from Juanita Killen, who assumed the role of interim ...
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News briefsTrusTrace completes $24m growth investment
Stockholm, Sweden, and Coimbatore, India-based SaaS company TrusTrace, which specializes in supply chain traceability and regulatory compliance, closed a $24 million investment round led by Circularity Capital, an investor specializing in companies advancing the circular economy, with participation from existing investors Industrifonden and Fairpoint Capital. According to Shameek Ghosh, CEO ...
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News briefsHanwag's new Head of Development
Source: Hanwag Christoph Hühnerbein The German hiking and mountaineering boot manufacturer Hanwag, founded in 1921, has appointed Christoph Hühnerbein as the new Head of Research and Development. Hühnerbein has been leading the 8-strong team since Oct. 1, 2023. With experience at leading companies in the industry such ...
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News briefsPolygiene’s Addmaster returns to its roots
In response to customer feedback, antimicrobial technology label Addmaster, part of the Polygiene Group, is reverting to its original name, Addmaster, effective Jan. 18, 2024. As part of this response to customer feedback, the company has launched a new standalone website. While it remains an integrated part of the Polygiene ...
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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 ...
