All Article articles – Page 56
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ArticleBosch invests specifically in the European production of eBike Systems
In mid-October, the Slovakian ministry of economy told the domestic press that Robert Bosch GmbH (Bosch Group) and its offshoot Robert Bosch spol sro (aka Bosch-Slovensko) would expand the Slovakia-based Electric Drive Division to produce e-bike components for its e-bike drive supplier Bosch eBike Systems and invest accordingly. Shortly after ...
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ArticleOutdoor Retailer Winter rebrands and shifts dates to November
Outdoor Retailer Winter, the U.S. event for outdoor and winter sports, is moving up its show dates from January 2024 to November 2023. Through the introduction of new events and a shift in future dates, the winter edition aims to provide ”more opportunities to engage in the timeframes that best ...
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ArticleEurobike 2023: more space, more brands and a reworked profile
Eurobike is reporting very early demand for exhibition space at the upcoming Eurobike 2023 (June 21-25, 2023), which will be held in Frankfurt for the second time next year. “Demand for space has never been so great at such an early stage as for the upcoming trade fair edition – ...
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ArticleWeyco expects declining sales after record Q3
Weyco Group generated record sales in the third quarter of 2022, with revenues jumping by 56 percent compared to the year earlier to $97.0 million. Growth was led by its North America wholesale business and underpinned by strong consumer demand, higher selling prices and the “abnormally low” revenues seen in ...
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ArticleCake and Volta Trucks join forces to provide the world’s first electric micro hub for last-mile deliveries
Cake, the Swedish manufacturer of light electric motorcycles, and Volta Trucks, a Swedish service provider and manufacturer of all-electric commercial vehicles, announced a joint initiative to provide global fashion giant H&M Group with fully integrated electric deliveries to its customers in Paris. From February 2023, H&M Group will be able ...
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ArticleOrtovox launches new online platform for avalanche safety
Source: Ortovox Lab Snow Back in 2008, German outdoor brand Ortovox launched the Safety Academy, followed in 2013 by the Safety Academy Lab Snow. Now, the digital knowledge platform is back at www.ortovox.com offering high-quality information on the subject of avalanches, completely revised in collaboration with the ...
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ArticleVF Corp. publishes diversity and inclusion report, launches global diversity council
VF Corporation (VF) has published its annual profile on inclusion, diversity, equity and action (IDEA) for 2022, highlighting its progress on inclusivity across multiple fronts at a brand and consumer level. The report outlines specific actions taken over the past fiscal year, including new corporate and brand-level partnerships, initiatives that ...
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ArticleHuman Rights Watch sees conflict of interest in labor rights auditing
In its latest report on labor rights in global supply chains, Human Rights Watch (HRW) explains that audits and certifications for suppliers in industries such as fashion are insufficient to monitor and measure social and environmental due diligence. HRW explains that in response to public pressure, many companies began to ...
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ArticleMarket research in Germany sees sustainable products and second hand growing
Marketmedia 24, a Cologne-based market research institute, is currently working on its Industry Report Outdoor 2023 (to be published in January 2023). As a sneak preview from the report, the company has now released the first sales figures on the German outdoor market development in 2022. After two strong years ...
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ArticleThe global impact of functional fabrics and trims
Two very successful fabric fairs have just presented the trends for winter 24 to the sports and functional apparel industry. From Oct. 26 to 27, the Functional Fabric Fair powered by Performance Days took place in Portland, Oregon (1,200 visitors/ 185 exhibitors), followed by the Performance Days at the MOC ...
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ArticleMerida’s value sales continue to grow at double-digit rate in 2022
After Taiwan’s leading bicycle manufacturer Giant Manufacturing Company Ltd. reported double-digit sales growth of 14.4 percent (compared to the same period in 2021) in the first three sales quarters of 2022, Merida Ind. Co. Ltd., also listed on the stock exchange and the second largest bicycle manufacturer in the ...
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ArticleU.S. outdoor recreation industry rebounds
Inflation-adjusted (“real”) GDP for the U.S. outdoor recreation economy increased 18.9 percent in 2021, compared to a 5.9 percent growth for the overall U.S. economy, according to recent figures by the U.S. Bureau of Economic Analysis (BEA). Growth in 2021 reflected a rebound after dropping 21.6 percent in 2020. The ...
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ArticleYeti beats expectations in Q3 as international sales jump 60%
Yeti beat market expectations for sales and earnings in the third quarter, as international revenues jumped by 60 percent, and the company said it was “well-positioned” for the holiday season in the fourth quarter. In the third quarter, sales for the premium drinkware and cooler brand increased by 20 percent ...
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ArticleWinter season in Austria can be a success despite challenges, study says
At a press conference in late October, tourism state secretary Susanne Kraus-Winkler and Österreich Werbung (OW; Austria Tourism) managing director Lisa Weddig addressed the current status quo of the tourism industry and the potential for the 2022/23 winter season, revealing that the industry made a comeback this summer, people are ...
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Article500 representatives gather in Singapore for annual SAC meeting
The Sustainable Apparel Coalition (SAC) held its annual meeting with around 500 stakeholders from the global fashion industry for the first time in person since 2019 in Singapore. The goal was to bring together the entire industry value chain to address pressing systemic issues related to human rights and the ...
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ArticleBike24's impressive sales growth in new markets cushions rising costs
Despite all the current macroeconomic challenges, Bike24 Holding AG, the online retailer of bicycles, running and swimming sports, achieved total sales of €72.62 million in the third quarter of fiscal year 2022. Compared to Q3 2021, this is an increase of 12.9 percent. However, both gross profit (€18m, down 8.3 ...
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ArticleISPO Munich: Focus on Sportsfashion in Hall B1
Sports fashion is diverse, colorful, innovative, and inclusive. The Sportsfashion Hall B1 at ISPO Munich proudly displays this.
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ArticleOutdoor Retailer Snow Show to feature new on-snow summit
Outdoor Retailer (OR) will host its first-ever on-mountain winter experience and industry day in January alongside the Outdoor Retailer Snow Show in Salt Lake City, Utah. “The Summit by OR” will take place on Monday, Jan. 9, 2023, at Brighton Resort and Solitude Nordic & Snowshoe Center and will feature ...
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ArticleSolo Brands lowers revenue forecasts in response to “unpredictable demand”
Solo Brands has lowered its full-year revenue guidance in response to increasingly unpredictable consumer demand amid a tougher economic outlook going into the holiday season. The owner of four lifestyle brands has managed to narrow losses in the third quarter as it reported a 47 percent increase in sales to ...
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ArticleYakima with new global organizational structure
Yakima, a manufacturer of transportation and equipment management solutions headquartered in Oregon, USA, has announced that Ryan Martin, current CEO of the Americas region, will expand his responsibilities to also drive strategic direction and growth in Australasia (Australia, New Zealand and the adjacent Pacific Islands) and EMEA (Europe, Middle East ...
