All Article articles – Page 23
-
ArticleKith and Columbia Sportswear team up again - this time for camping gear
Source: Columbia x Kith After an outdoor lifestyle collection in 2022 and a fishing collection in 2023, Kith is continuing its partnership with Columbia Sportswear and presents the brand new Kith for Columbia 2024 collection – this time a comprehensive range of apparel, accessories and footwear designed ...
-
ArticleBike-flipping: to boost sales and encourage sustainability
Alejandro Pons sees great potential for reconditioned bicycles both in his company’s domestic market of Spain and abroad. Pons is the founder and CEO of Tuvalum, an online platform for the sale of second-hand bicycles, and has expounded his views to CMDsport. His enthusiasm contrasts with the current gloom in ...
-
ArticleCourt lifts Swedish sales ban after Hövding’s bankruptcy - but there's a catch
It’s hard to understand what has been happening in Sweden for several months on Hövding’s back. The company, which had developed and sold a very popular airbag collar for cyclists, had to file for bankruptcy shortly before Christmas because the Swedish Consumer Protection Agency had banned the sale of the ...
-
ArticleDecathlon Germany expanding e-bike range with refurbisher Rebike
After sporting goods chain Decathlon Sportartikel GmbH & Co. KG (Decathlon Germany) recently announced that it would be adding the “hip (e-)city bikes” from Sushi Bikes maker Sushi Mobility GmbH to its portfolio, the bike-affine sporting goods giant is now also joining forces with the largest German e-bike refurbisher Rebike ...
-
ArticleKuiu continues international DTC expansion with ESW
California-based DTC outdoor brand Kuiu has expanded its global reach to 37 international markets in partnership with global direct-to-consumer e-commerce company ESW since its inception in 2011. Due to the high demand for its products – mainly ultralight hunting apparel and gear designed to be as affordable and accessible as ...
-
ArticleCSG’s acquisition of Kinetic Group is fully backed by JP Morgan Chase
Czechoslovak Group (CSG) has issued a statement reaffirming its commitment to the proposed acquisition of Vista Outdoor’s sporting goods business – recently renamed The Kinetic Group – for a total consideration of $1.91 billion, with fully committed financing from leading US bank JP Morgan Chase. CSG also highlighted the benefits ...
-
ArticleQ1 2024: Bike industry stock market and real economy are two different things
Since the turn of the year, the global stock market has only known one direction: up. It has thus completely disconnected itself from the real economy. Here, you can find out whether our selected bicycle stocks have also been able to make strong gains in Q1 of 2024 despite all the adversities.
-
ArticleFocus on sustainability at first Asiabike Jakarta
The inaugural Asiabike Jakarta (ABJ) two-wheeler show will take place from April 30 to May 4 at the Jakarta International Expo in Indonesia. Buyers will be able to get a first look at the latest innovations from over 90 leading exhibitors inspiring the sector, with a focus on health and ...
-
ArticleTrail running shoe market to post 5.5% CAGR by 2032, says new report
The global trail running shoe market is estimated to reach $12.4 billion by 2032, growing at a compound annual growth rate (CAGR) of 5.5 percent from 2023 to 2032, according to a new report by Allied Market Research. According to the study, the increasing popularity of outdoor fitness activities and ...
-
ArticleOIA (US) invites brands to join business & finances benchmarking study
The US Outdoor Industry Association (OIA) announced a new outdoor brand benchmarking study focused on key financial and business operations benchmarks to help brands understand their position in the marketplace relative to competitors and make informed decisions to drive growth and profitability. Participants will receive the full results of the ...
-
ArticleSidi Sport joins Science Based Targets initiative
Italian company Sidi Sport, specializing in footwear and other apparel for cyclists and motorcyclists, has joined the Science Based Targets initiative (SBTi). SBTi was founded in 2014 as a collaboration between some of the leading international organizations and associations for climate protection, including the United Nations Global Compact and the ...
-
ArticleGMG and VF plan to open 300 stores in the next 5 years in MENA and SEA markets
GMG, a global retail conglomerate based in Dubai, has expanded its 12-year partnership with VF Corp. Under a newly agreed distribution and retail development agreement, GMG will expand the presence of VF brands in the region over the next five years through a growing network of new mono-brand partner stores ...
-
ArticlePolartec’s Eric Yung: Leading the charge in outdoor apparel innovation and sustainability
In this exclusive article, Polartec’s Eric Yung shares his journey within the company, his principles as a leader and his thoughts on the current strength and growth opportunities within the sporting and outdoor goods industries.
-
ArticleTerrex launches trail running mentoring program with intro of Agravic Speed Ultra
Source: Adidas Terrex Following the success athletes celebrated in a prototype last summer, Adidas Terrex announced that the Agravic Speed Ultra is now available for all trail runners. The brand said that every element of the new shoe has been optimized “to help trail runners experience speed ...
-
ArticleNilit’s new Sensil Flow enables circularity in nylon
Israel-based Nilit, the manufacturer of high-quality nylon 6.6 for apparel now celebrating its 50th anniversary and owner of the Sensil brand, has launched Sensil Flow, a new approach to the circularity of nylon 6.6 that enables the recycling of yarns, fabrics and ultimately garments to eliminate waste and further reduce ...
-
ArticleSamsonite aims for dual listing
Samsonite International S.A., the parent company of Gregory, High Sierra and a number of travel luggage brands, announced that the company’s Board of Directors has authorized management to seek a listing of the company’s shares on a second leading stock exchange in addition to the Hong Kong Stock Exchange. The ...
-
ArticleBLS parent Brockhaus Technologies records further growth in 2023
German company Brockhaus Technologies AG closed the 2023 financial year with a 31 percent increase in turnover compared to the previous year to a total of €186.63 million. The subsidiary Bikeleasing-Service GmbH & Co. KG (BLS) also contributed to this excellent result. The publicly listed, Frankfurt-based company has held a ...
-
ArticleBig trouble looming between Youngone and Scott
Source: Scott Sports Beat Zaugg Shortly before the Easter weekend, the Board of Directors of Scott Sports – with the full support of majority shareholder Youngone Corporation – issued a press release announcing the dismissal of long-serving CEO Beat Zaugg with immediate effect. Youngone presented the financial ...
-
ArticleRecovery in leisure, business travels boosts Samsonite
Annual profitability at Gregory parent Samsonite rose by 33 percent to $450.3 million from $338.3 million for the 12 months ended Dec. 31. The group’s FY operating profit increased by 51 percent to $743.7 million from $492.1 million as the annual gross margin expanded by 350 basis points to 59.3 ...
-
ArticleYamaha to start European e-bike drivetrain production in France
On March 26, Yamaha Motor Europe N.V. (YME) and Yamaha Motor Manufacturing Europe S.A.S (YMME) celebrated the inauguration of a completely new production line for e-bike drivetrains at their French plant in Saint Quentin. The facility in Saint Quentin is the production site of the former two-wheeler and engine manufacturer ...
