The latest news and analysis about management, board and supervisory board changes in the outdoor industry.
Spinnova reports disappointing FY, announces new strategy and job cuts
Finnish sustainable fiber production specialist Spinnova, listed on Nasdaq First North Growth Market Finland, has closed its financial year 2023 with high losses and declining sales and has therefore announced a new strategic direction and a resulting reduction in staff.
New CEO at Primus-Silva
The Swedish outdoor equipment company Primus-Silva has appointed Jonas Sjögren as its new CEO. Richard Jägrud, who has served as CEO for the past seven years, has decided to leave the company to pursue new professional challenges. Sjögren and the Primus-Silva management team will work closely together to lead the ...
EOG publishes annual report 2023, second consecutive year of membership growth
The European Outdoor Group (EOG), founded in 2003 by 19 outdoor companies, has published its annual report following its online Annual General Meeting, where members were presented with a detailed report on the association’s activities and achievements in 2023, culminating in the successful vote to make participation in a Race ...
Newell Brands announces changes to the Board
Newell Brands, the Atlanta-based group that owns several consumer goods brands, including outdoor brands Marmot, Coleman, Contigo and Campingaz, announced changes to its Board of Directors. James “Jim” Keane, retired President & Chief Executive Officer of Steelcase Inc., has been elected to the company’s Board of Directors, effective Feb. 15, ...
Helinox announces global leadership team
Young Lah, Global CEO of Helinox, has appointed a new global leadership team to position the company for further growth and product category expansion.
HeiQ appoints CEO for HeiQ AeoniQ Holding
Swiss ingredients brand HeiQ has announced the appointment of Julien Born as Chief Executive Officer of HeiQ AeoniQ Holding, where he will drive the growth of HeiQ AeoniQ, a specialty cellulosic fiber.
VF appoints Caroline Brown to the board after aligning with activist investor Engaged Capital
VF Corp. has appointed Caroline Brown to the company’s Board of Directors, effective Feb. 14, 2024. The appointment follows constructive discussions with VF’s shareholders, including Engaged Capital, LLC. VF also intends to appoint an additional independent director in the near future by mutual agreement with Engaged Capital and will give ...
The North Face, EMEA stronger in ‘challenging’ VF quarter
VF Corp., whose current portfolio includes The North Face (TNF), Vans, Timberland and Dickies, among others, initiated a strategic review of its brand assets after reporting disappointing Q3 results “across the board” that included double-digits declines in total sales, wholesale revenues and for three of its main brands. The group, ...
CIE CEO Kevin Mayne to retire later this year
Kevin Mayne, founding CEO and not only “the voice” of the Brussels-based trade and industry association Cycling Industries Europe (CIE), but here and there also of the entire bicycle industry, has announced his retirement this year. Mayne is considered one of the most visible political figures in the cycling industry. ...
Deckers reports strong results, raises guidance and names new CEO
Bolstered by strong Q3 gains in the DTC channel, Deckers Brands has reported 35 percent operating income growth, 16 percent revenue expansion on a reported basis, and a 570-basis-point increase in gross margin for the period ended Dec. 31. With the strong results, the Ugg and Hoka parent raised its ...