All Article articles – Page 28
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ArticleFjällräven Classic celebrates 20 years with new UK route and new country
In 2024, the Fjällräven Classic celebrates its 20th anniversary. To mark the occasion, the extraordinary trekking event is expanding to Chile for the first time. In addition, the Fjällräven Classic UK will take place in the English Lake District National Park. The Fjällräven Classic was first developed in 1979 by ...
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ArticlePolartec and Must Had give excess inventory a second chance
Polartec has entered into a one-year partnership with Must Had, a Torino-based start-up and non-profit company that gives excess materials a second life. Throughout 2024, Polartec will rely on Must Had to extend the life of its excess inventory. Together, the companies will explore sustainable design practices and work towards ...
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ArticleHelinox 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. Source: Helinox Andrew Shand, Helinox President und Global COO As part of these changes, Andrew Shand was promoted to Helinox President and Global ...
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ArticleYeti misses Q4 sales mark, but international soars
Yeti is forecasting sales growth of 20-25 percent in 2024 from all markets outside the U.S. after stellar results from the segment in FY23. The group’s international sales expanded by 28 percent last year to nearly $260.7 million, fueled by momentum in Europe, where the brand is now carried in ...
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ArticleElevate Outdoor Collective launches Collective Progress Initiative
With the launch of the Collective Progress Initiative, Elevate Outdoor Collective’s (EOC) global brands – K2 Skis, K2 Snowboarding, Marker, Dalbello, Völkl, Ride Snowboards, Line Skis, Backcountry Access, Atlas Snow Shoe Co, Tubbs Snowshoes, Madshus and K2 Skates – are working hand-in-hand to eliminate waste and maximize the recyclability and ...
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ArticleHeiQ appoints CEO for HeiQ AeoniQ Holding
Source: HeiQ Julien Born, CEO of 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. Born brings extensive leadership skills and ...
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ArticleVF appoints Caroline Brown to the board after aligning with activist investor Engaged Capital
Source: VF Corp. Caroline Brown 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 ...
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ArticleOnline course on reducing release of microfibers into wastewater by TMC and ZDHC
The Microfibre Consortium (TMC) has launched a new course designed to help textile manufacturers tackle the release of microfibres into wastewater during production processes. The e-learning program has been developed in partnership with Zero Discharge of Hazardous Chemicals (ZDHC). Based on their Preliminary Guidelines: Control of Microfibres in Wastewater, published ...
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ArticleFenix Outdoor facing ‘very challenging’ market in 2024
Fenix Outdoor says FY24 growth will need to come from re-orders and its own DTC channels, given that many of its retail partners are facing financial challenges. After an expected difficult wholesale business in Q1, the group thinks inventories will improve in Q2, which could result in possible product shortages ...
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ArticleMaloja wins German Design Award 2024
The southern German outdoor brand Maloja Clothing invited its employees’ children to the office for a workshop on a school-free day – and has now been awarded a prestigious design award for the result, the German Design Award from the German Design Council, which recognizes particularly innovative design developments on ...
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ArticleShimano forecasts further sales erosion after difficult FY23
Citing soaring raw material prices, possible further disruptions to global supply chains, and persistent economic worries around the world, the Japanese Shimano group is forecasting a 36.6 percent drop in year-over-year operating income in FY24 to ¥53,000 million (€329.4m) on an 11.5 percent decline in consolidated sales to ¥420,000 million ...
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ArticleAllied Feather + Down partners with Nemo for expansion of the Renu:Trace program
Allied Feather + Down, a California-based specialist in high-performance, ethically sourced and recycled down, is expanding its Renu:Trace recycled down program with the help of New Hampshire-based Nemo Equipment’s Endless Promise circular product collection. Nemo will be the first brand to use Allied’s recycling program to produce the world’s first ...
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ArticleColumbia’s Omni-Heat Infinity is going to space
Omni-Heat Infinity, a heat-reflective technology developed by Columbia Sportswear, will fly into space with the upcoming launch of the Nova-C lunar lander from Intuitive Machines, a space exploration company focused on advancing the commercial use of the moon. In lab simulations leading up to this launch, Intuitive Machines researchers have ...
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ArticleGlobal winter sports industry unites around Climate Pact, to join UN Race to Zero campaign
The Winter Sports Sustainability Network (WSN), managed by Peak 63 and the Federation of the European Sporting Goods Industry (FESI), in collaboration with Snowsports Industries America (SIA), announced the establishment of a transformative Climate Pact, bringing together prominent ski, snowboard, binding and boot brands from Europe and the US in ...
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ArticleThule Group coped not too badly with challenging FY
Swedish Thule Group AB ended the challenging financial year with a year-on-year decline in sales of 9.9 percent to total sales of 9.13 billion Swedish kronor (€804.71 million), an operating result of SEK 1.51 billion (€133.08m, -11.8 percent) and a net profit decline of 13.8 percent to SEK 1.10 billion ...
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ArticleEOCA Selects Four New Conservation Projects to Receive Funding
At the end of a nearly six-month selection process, the European Outdoor Conservation Association (EOCA) – the initiative from the European outdoor industry with the objective of protecting the wild areas it cares so passionately about – announced that €180,000 has just been committed to four new conservation projects in ...
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ArticleMips with poor 2023, but bike helmet orders are growing
2023 was a challenging year for helmet safety technology provider Mips AB, mainly due to the bicycle helmet category, which was affected by high inventory levels and a drop in demand. The only ray of hope: incoming orders for this very category picked back up for the first time in ...
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ArticleGoPro counts on some wins despite Q4 and FY losses
GoPro is increasing its retail presence and product range while ramping up its brand exposure at global sporting events, despite reporting Q4 and FY23 operating losses and declines in revenues. Ten months since launching a multi-year growth strategy, the group says it can count on some wins despite the reported ...
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ArticleUSWE fails to meet Q3 target, strategic focus on North American distribution channels
USWE Sports AB, the Swedish parent company of USWE, Void Cycling and Giant Loop, reported a positive Ebitda in the last two quarters but missed this target in the third quarter (October-December) with an Ebitda of -1.4 million Swedish kroner (€-123,908). For the first nine months of the financial year ...
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ArticleCake files for insolvency, administrator seeks buyer for business operations
What several Swedish media outlets have already reported has just been confirmed by both the appointed insolvency administrator and on the website of the Swedish manufacturer of electric motorcycles itself: On Feb. 1, Cake 0 Emission AB had to file for insolvency. Lawyer Jakob Callmander from the Stockholm-based law firm ...
