All Article articles – Page 105
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ArticleApex’s sales down by 17%
Lower licensee sales due to the pandemic, and the non-renewal of certain Cherokee brand licensing deals, weighed on the revenues of Apex Global Brands, previously called Cherokee Global Brands. Sales for the parent company of Hi-Tec, Magnum, and Tony Hawk dropped by 17 percent to $4.1 million for its third ...
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ArticleNew Corona restrictions in Germany; Denmark extends partial lockdown to entire country
In concert with the governments of the individual states of its country, the federal government of Germany has ordered the lockdown of all the brick-and-mortar stores that sell non-essential products, starting on Wednesday, Dec. 16. The new restrictions came after a spike in new contaminations from Covid-19. They will last ...
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ArticleÅre Skidfabrik invests for the future
As previously reported, the Swedish ski manufacturer Åre Skidfabrik recently expanded its facilities near the ski resort of Åre. It has now been revealed that the expansion was part of the company’s largest single investment in its 40-year history. In addition to the 50 percent larger production area, this also ...
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ArticleOpen Air Group invests in fast-growing Swedish outdoor brand Garphyttan
Open Air Group (OAG), a Stockholm-based group that includes the Chevalier, Tracker, Alaska 1795, Burrel and Valio brands and e-retailers Widforss.se, Widforss.no, Retkitukku.fi and Koiravaruste.fi, is becoming a minority owner of the fast-growing Swedish outdoor brand Garphyttan. Garphyttan develops clothing for outdoor life, work and leisure and has in a ...
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ArticleArc’teryx aims for Fair Trade certification
With a goal of having 80 percent of its products certified by Fair Trade USA by 2025, Arc’teryx has announced plans to convert three production facilities in Vietnam to Fair Trade CertifiedTM in the coming year. The move comes as part of the company’s response to the global garment workers’ ...
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ArticleU.K. reaches trade deal with Vietnam, agreement with EU unlikely
The U.K. has finalized a free trade agreement with Vietnam, which is scheduled to become effective from Jan. 1. It is the third trade agreement reached with an Asian country, after those with Singapore and Japan. The U.K. has also reached a preliminary trade agreement with Canada. The U.K. is ...
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ArticleStrong finish to a challenging year for Johnson Outdoors
Strong demand for fishing, camping and watercraft recreation products drove significantly higher sales and profits for Johnson Outdoors’ fiscal fourth quarter. The management said that demand has picked up in the second half of the year after a difficult second quarter, at the onset of the pandemic. After lockdowns eased, ...
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ArticleAre we going to ski this winter?
Brands and federations express cross-industry concerns in case of European resort lockdownsThe Federation of the Sporting Goods Industry (Fesi) has released a statement in which 10 leading ski companies, five sports retail groups and 12 sporting goods industry federations raised concerns about the consequences for the industry of the planned closure of many European winter sports resorts in relation to the ...
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ArticleVaude joins The Climate Pledge
Thirteen new companies have joined The Climate Pledge, co-founded by Amazon and Global Optimism, a U.K.-based purpose driven enterprise focused on social and environmental change, to meet the Paris Agreement’s goals 10 years early, making a total of thirty-one companies who have joined the commitment. One of the new signatories ...
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ArticleGermany’s BSI calls for European supply chain regulations
(SGI Europe) Responding to a petition made by Greenpeace and other associations and individuals in July, German Chancellor Angela Merkel has initiated a debate over proposed legislation that would oblige companies with 500 or more employees to comply with human rights standards in their global supply chain. Among other things, ...
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ArticleEOCA surpasses “Plastic Free” target
The European Outdoor Conservation Association (EOCA), the initiative from the European outdoor industry with the objective of protecting wild areas, has smashed its two-year target to clear 3,000 km of habitat, trail and beach of plastic waste and pollution, clearing a total of 4,183 km. As an organization raising money ...
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ArticleHeiQ now listed on the LSE
On Dec. 7, thanks to a reverse takeover into Auctus Growth Plc, the textile materials company HeiQ was listed on the London Stock Exchange, under the ticker symbol HEIQ. The stock was oversubscribed on issue and raised £60 million (€66m-$80m) before expenses. The new public interest in the company doubtless ...
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ArticleGore and Bionic Yarn collab to develop textiles made from ocean-bound plastics
W. L. Gore & Associates and Bionic Yarn, a material engineering company from New York, have announced a collaboration to drive the development of a high-performance textile made from traceable, recycled plastic. Gore said it recently made an equity investment in Bionic to help streamline its fiber supply chain and ...
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ArticleFrance postpones the start of winter season clearance sale to January 20
The French government has postponed to Jan. 20 the start of the winter clearance period from its initial date of Jan. 6. The clearance period will last four weeks. In radio interview with RMC/BFM TV, the Economy Minister, Bruno Le Maire, added that the measure is aimed at helping small ...
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ArticleGerman consumers won’t save on Christmas gifts
According to the latest GfK survey, consumers in Germany plan to spend an average of €330 on Christmas gifts this year, which translates into a potential sales volume of €19.8 billion for this important year-end sales period. The second wave of Covid-19 is unsettling consumers in terms of economic and ...
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ArticleZumiez posts good results in Q3 thanks to Blue Tomato and Fast Times
Zumiez, the American action sports retailer that owns Blue Tomato in Europe and Fast Times in Australia, performed well in the third fiscal quarter ended on Oct. 31, thanks to a good performance outside its core North American market. Its net income soared by 51.5 percent from the year-ago quarter ...
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ArticleAre we going to ski this winter? An Update
As previously reported, despite the German, Italian and French governments’ efforts to reach a uniform regulatory framework, there is still no joint European roadmap for the opening of ski resorts during the Covid-19 pandemic. In addition to Switzerland, Sweden, and Bulgaria, which refuse to restrict ski lift operations, the Austrian ...
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ArticleNew outdoor brand Artilect to hit stores next year
A new outdoor brand, Artilect®, has announced its launch on the global market. The founders of the brand, based in Boulder, Colorado, are Trent Bush and Corry Taylor. Bush is no stranger to building brands. He founded his first brand, the Twist Clothing Company, in the early 1990s. Since then, ...
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ArticleRapala rolls out 13 Fishing to over 25 countries
Rapala VMS Corporation, a Finnish manufacturer of fishing lures, equipment and tools, has started the international rollout of a brand for recreational fishing called 13 Fishing. In July, Rapala acquired a total of 49 percent of the share capital of Clearwater, Florida-based DQC International Corp., which owns 13 Fishing. Prior ...
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ArticleSkylotec receives government funding for protective mask production facility
Skylotec is expanding its portfolio to include respiratory protection. The professional and sports climbing and safety gear specialist has invested in five modern production machines and will produce medical face masks and masks for light respiratory protection (FFP masks) beyond the corona pandemic. The German family-owned company has received a ...
