The latest news, analysis and data on corporate strategic initiatives, the latest mergers and acquisitions, IPOs, insolvencies and cooperations in the outdoor industry.
Jacobs sells Mammut to Chinese investor
Jacobs Capital is selling Mammut to Chinese alternative investment firm CPE, ending a five-year ownership period marked by international expansion, higher margins and double-digit annual sales growth.
Lenzing restructures fiber network and plans €300m capital increase
Lenzing will close fiber plants in Austria and the UK, target €120 million in savings and raise up to €300 million in new equity.
Rieter partners launch textile recycling franchise venture
Rieter, Säntis Textiles and Valvan are combining spinning, recycling and sorting expertise in a franchise model, with the first plant planned in Qatar.
Uvex Group marks 100 years with €683m in sales
The German safety and sports equipment group is marking its 100th anniversary with 3,000 employees, 49 subsidiaries and annual sales of €683 million.
Cycling mobility startup raises £2.5m
British cycling technology startup Tyred raised £2.5m to expand its connected bike ownership platform, combining maintenance, repairs, insurance and fleet management into a single digital service.
First companies earn B Corp certification under new standards
B Lab has certified the first companies under its revised global B Corp standards, introducing stricter environmental and social performance requirements.
Sport 2000 marks 60 years of retail cooperation
Sport 2000 is celebrating 60 years since its founding in France, having grown into an international retail service organization with around 3,000 stores in 17 countries.
GoPro secures $20 million founder financing
GoPro founder and CEO Nicholas Woodman has agreed to provide $20 million in financing as the action camera maker continues its strategic review.
RevolutionRace acquires majority stake in ICANIWILL
The Swedish outdoor DTC brand has made its first acquisition, adding training apparel specialist ICIW to broaden its portfolio and M&A strategy.
Hervis outlines Hervis 4.0 retail model
Hervis’ CEO says the Austrian sports retailer is moving toward a phygital, service-led operating model.