Strava appoints new General Counsel
Former Allbirds General Counsel Daniel Li brings extensive legal experience and has led two IPOs.
USA: PFAS regulations pose challenges for industry brands
The rapidly evolving regulatory landscape surrounding per- and poly-fluoroalkyl substances (PFAS) presents significant challenges for industry brands. Experts from Buchalter law firm and Exponent, a science and engineering consulting firm, highlighted these issues during the US Sports and Fitness Industry Association’s (SFIA) “Navigating PFAS Regulations” webinar on July 18. According ...
Swedish sports retail Sees 2.5% decline in Q2 sales, bicycle sales on the rise
While Swedish sports retail in general has declined for the tenth consecutive quarter in Q2 of 2024, bicycle sales appear to be recovering, growing by an impressive 10% compared to the previous quarter.
Columbia’s brand awareness rises in Europe despite Q2 loss
While performing better in important overseas markets than in North America, Columbia Sportswear maintains its full-year guidance despite a weak second quarter.
Gridiron Capital sells GSM Outdoors to Platinum Equity
The Connecticut-based investment firm announced the signing of a definitive agreement to sell its majority interest in GSM Outdoors to a California-based private equity firm.
Polygiene making progress on turnaround
Polygiene turned an operating profit of 2.6 million Swedish kronor (€222,800) against a loss of SEK 4.0 million (€342,700) in Q2 ended June 30, as cost-cutting measures and strategic changes made last year began to take effect. The Swedish group’s quarterly revenues rose by 43 percent to SEK 36.4 million ...
Nite Ize secures rare USPTO shape trademarks
The Colorado-based manufacturer of solution-based products has secured two rare 3D design marks from the USPTO for its stainless steel and plastic S-Biner Dual Carabiner.
YKK achieves 56.2% reduction in greenhouse gas emissions
The Japanese company has reported a significant reduction of its greenhouse gas emissions in Scope 1, 2 and 3 emissions for FY2023.
Vista responds to MNC’s comments amidst wrangling over partial sale of the group
Vista Outdoor says that MNC Capital misled Vista’s investors by claiming that it needed the group’s approval to make a tender offer.
Gorpcore – the new Athleisure?
Those of us who have been in this industry since the last Millennium will remember the switch to professionalism in the 1990s when the company founders brought in business specialists to develop their brands. Outwardly, this meant that production was relocated to the Pacific Rim, but it was also the ...
Suzano starts operations at world’s largest single pulp production line
Suzano has announced the operational startup of a new mill in Ribas do Rio Pardo in Brazil, the world’s largest single-line pulp plant and one of the country’s largest-ever private investment projects.
Salomon's new Softgoods unit gets a global head of product
Salomon has appointed Guillaume Meyzenq as the new Global Chief Product Officer for its new softgoods business unit.
Rivian’s Sustainability Director to head The Conservation Alliance
Paul Hendricks is the new Executive Director of The Conservation Alliance, a US-based coalition of like-minded member organizations working to protect wilderness and natural areas.
Helen of Troy facing distribution facility problems
Helen of Troy is under increased scrutiny regarding the progress of its restructuring plan, particularly the functionality of its recently opened distribution center in Galloway, Tennessee.
CSG increases purchase price for The Kinetic Group to $2.15bn
CSG increased the base purchase price for acquiring The Kinetic Group business by $50 million to $2.15 billion, while Vista Outdoor reaffirms its FY25 outlook and reports preliminary Q1 results.
Brand-neutral Sidas Academy grows, congress this fall
The Sidas Academy training and education program is growing, and the Bootfitting Congress will take place this September.
EOG, BSI to launch updated outdoor industry sustainability data tool
The European Outdoor Group (EOG) and the Bundesverband der Deutschen Sportartikel-Industrie (BSI) have announced details of an update to an initiative that aims to standardize and harmonize product sustainability data across the outdoor sector. The Sustainability Data Exchange Questionnaire version 2.0 (SDEX 2.0) will be launched during a free webinar ...
Devold Transparency Map: Voluntary report in line with CSRD
Norwegian brand Devold has voluntarily committed to reporting on the 2024 financial year as part of the Corporate Sustainability Reporting Directive (CSRD). The focus is on the impact of the company’s supply chain.
Vista Outdoor ammo sale facing headwind, and support
Before Vista Outdoor’s shareholders vote on the sale of The Kinetic Group ammunition business to CSG on July 23, two investors have come out strongly against the deal, while another proxy advisory firm is now recommending the purchase after initial opposition.
Amer Sports joins the Ellen MacArthur Foundation’s network
Following the announcement that Arc’teryx is joining the Ellen McArthur Foundation’s Fashion ReModel initiative, the Canadian brand’s parent company, Finland-based Amer Sports, has now also announced that the group will officially become a network member of the international charity. The Ellen McArthur Foundation develops and promotes the circular economy to ...