PRODUCT & MARKETING
+++ U.S.-based Alterra Mountain Company, owner and operator of 15 year-round destinations, including the world’s largest heli-ski operation, and Dakine continue to expand their partnership with the launch of an exclusive, limited-edition Ikon Pass collection that includes the men’s and women’s Excursion Gloves and the Heli Pro 24L backpack
+++ Vermont-based, family-owned and independent glove manufacturer Gordini is celebrating its 65th anniversary this year and has collaborated with two of its athletes, Rafael Pease and Julian Carr, to design a line of sustainable gloves for its Fall 2021 collection featuring materials like PrimaLoft Gold insulation or Schoeller Keprotec palms +++
RETAIL & DISTRIBUTION
+++ Canadian outdoor retailer Mountain Equipment Company (MEC) has unveiled a new logo reminiscent of the original one from 1971, designed to evoke old values like quality and reliability and emphasize new ones like sustainability
+++ Thule announced it will open its first brand store in Canada in December in West Vancouver, B.C. - a 185-square-meter retail store showcasing all of the company’s product categories
+++ Austrian company Blue Tomato has opened its 60th store in total in Fribourg in western Switzerland with around 230 square meters of retail space
+++ On 1,000 square meters of retail space, Intersport Fischer is opening what it calls the ”most modern sports store in the Austrian province of Vorarlberg” in Bürs on Oct. 28 +++
TRADE SHOWS & EVENTS
+++ ASD Fausto Coppi on the road, the organization that organizes the La Fausto Coppi international cycling race in Cuneo (northwest Italy), has announced that the event will not take place in 2022 “for operational reasons”
+++ ASMAS informs that the deadline for exhibitors to register for sportsdays.ch Winter 22/23 (Dec. 13-14 in Zurich) is Oct. 29
+++ With 9,723 visitors and 150 exhibitors, organizers said the first-ever U.K. National Snow Show at the NEC in Birmingham on the weekend of Oct. 23-24 was a “phenomenal success,” despite extremely difficult circumstances for the entire industry +++
CORPORATE AND M&A
+++ ClimatePartner, the German expert for climate protection solutions founded in 2006, is opening an office in Stockholm to help companies of all sizes and from all sectors throughout Scandinavia to calculate, reduce and offset CO₂ emissions
+++ CEO Mark Zuckerberg unveiled Meta, which brings together applications and technologies from what was previously known as Facebook Company under a new corporate brand, at Facebook Connect 2021 on Oct.28 +++
FINANCIAL RESULTS
+++ S&P Global Ratings assigned Wolverine World Wide Inc.’s refinanced senior secured credit facility, which includes a $1 billion revolving credit facility and a $200 million term loan due 2026, a recovery rating of 1, indicating an expectation of very high recovery (90 to 100 percent), and a BBB rating (from BB), indicating an upgrade of the company’s issue rating on the company’s existing $550 million senior unsecured notes due 2029 +++
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