All Article articles – Page 60
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ArticleEuropean outdoor industry and POW call for climate action – Join Now!
Ahead of COP27, the European outdoor industry and Protect Our Winters (POW) are working together to call on European decision-makers to prioritize sustainability. The outdoor industry is in a key position in the fight against climate change, and its customers are seeing the effects of climate change firsthand, from receding ...
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ArticleHigg partners with Bluesign and ZDHC for better control of chemicals
The data platform Higg has announced new partnerships with Bluesign and ZDHC (Zero Discharge of Hazardous Chemicals) to accelerate the use of environmentally-safe chemicals among global brands and manufacturers. According to a press release by Higg, the addition of the two voices in sustainable chemical management to Higg’s data and ...
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ArticleAlpkit launches second crowdfunding; invites customers to join as shareholders
On Oct. 24, British outdoor and cycling brand Alpkit will once again invite its customers to participate as shareholders via crowdfunding. The company launched a first of its kind in 2020, reaching its target in just eight minutes and closing the round 43 minutes later with 1350 customers as shareholders ...
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ArticleInfinited Fiber predicts Infinna roll-out delay due to Ukraine war
Fashion and textile technology company Infinited Fiber Company’s work to build the world’s first commercial-scale Infinna™ textile fiber mill in Kemi, Finland, has been largely on track since the mill site was announced in June 2022. The company is now also increasing its focus on further scaling up Infinna production ...
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ArticleSnow Peak USA announces new leadership structure
Snow Peak, the outdoor gear and apparel company originally from Japan and currently distributed in Asia, the U.S. and the U.K., has reorganized its leadership structure in the U.S. While the brand continues to grow in the territory – more than tripling its sales over the past four years – ...
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ArticleThe Lycra Company updates 2030 sustainability goals in first Planet Agenda update
In 2008, The Lycra Company (Lycra) established a sustainability plan that encompasses the three pillars of corporate responsibility, product sustainability and manufacturing excellence. For each of these areas, the company has now summarized its performance through 2021 and updated its goals. Both are published in Lycra’s first ...
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ArticleHoudini strengthens global leadership, opens U.S. office in Portland
Swedish outdoor brand and circular business pioneer Houdini has announced a strengthened global leadership team and the establishment of a U.S. office in Portland, Oregon. Niclas Bornling has been named general manager for North America, and Brian Anthony becomes director of sales and merchandising. Both are working out of the ...
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ArticleThule again comments on the current market situation in the bicycle industry
In mid-September, Thule Group provided a trading update regarding the negative impact of the current market situation in the bicycle retail industry. High inventories of bicycles and bike accessories at retailers in Europe and North America were expected to negatively impact Thule Group’s sales and profitability until the next bike ...
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ArticleRevolutionRace gets boost from new markets, products
RevolutionRace (RVRC), in its first full year as a publicly traded company, realized 48 percent revenue growth to 1,331.5 million Swedish kronor (€121.0m) and 50 percent profitability expansion to SEK 288.0 million (€26.1m). The Swedish company, now headed by CEO Paul Fischbein, attributes its steady progress over the last four ...
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ArticleOur future post COP 26
Strong in the memory is Cop 26, the gathering of the great and the good in taking on the Climate Crisis emergency. The event in Glasgow in November 2021 built on the previous work. It especially concentrated on creating better finance (specifically getting investments out of fossil fuel-associated industries in favor of renewables). November sees COP 27, hosted in Egypt, and then there is COP 15 a month later.
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ArticleNext Textile on Oct. 26 to focus on “Re:Source as A Resource”
The theme of this year’s NEXT TEXTILE conference will focus on Re:Source as A Resource, as the need to rethink has never been more significant. But, conversely, opportunities through innovations have never been greater. The event will take place at Sweden Fashion Textile Center in Borås, Sweden, ...
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ArticleWinners of ISPO Awards' third 2022 round
Fidlock, Halti, Jackery, and more have been announced as the 16 winners in the latest round of the ISPO Awards 2022. In this, the third of four year-round submission and judging cycles, winners were selected from a particularly diverse field, representing a range of products. The Q3 cycle jury ...
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ArticleAnalysis: Global outdoor stock index falls by double-digits again in Q3
According to the latest Outdoor Industry Compass quarterly study of 37 select stocks which sell products into the outdoor recreation market, the segment Index fell by a double-digit percentage for a third consecutive period but by less than in the first (-17.84%) or second (-21.18%) quarters. Only four stocks – ...
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ArticleYou can help win vital funding for conservation projects
Thanks to the support of its members, the European Outdoor Conservation Association (EOCA) is able to provide its highest-ever grants to fund conservation projects in key wilderness areas around the world. The association’s annual fall public election will take place over the next two weeks, and everyone is invited to ...
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ArticleBicycle Stocks Q3 2022: Weighed down by fear of global crash, yet 1/4 buck the downward trend
The Russian war against Ukraine is having such a major global impact that other issues, such as Covid, seem to be taking a back seat. The energy crisis forced by the war, combined with rising interest rates, inflation, and consequently weakening consumer demand and spending, could lead to a global recession – and even a global stock market crash.
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ArticleUse of Higg data in marketing: SAC responds to guidance from consumer authorities
With a public statement issued online, the Sustainable Apparel Coalition (SAC), owner of the Higg index, has reacted to the latest guidance by the Dutch and Norwegian Consumer Agency (NCA/Forbrukertilsynet) consumer authorities. This summer, both organizations had put a spotlight on the use of product information derived from Higg data ...
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ArticleHoudini invests in Forward To Nature brand messaging platform; new store in Stockholm
Swedish brand Houdini launched Forward to Nature, its first global brand messaging platform that expresses the brand’s ethos focused on regenerative practices. With a six-figure investment, the largest in the brand’s history, Forward to Nature launched on Oct. 5, 2022, with a 60-second short film (see below). Forward to Nature ...
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ArticleBergzeit puts automated shuttle warehouse into operation
After a construction period of around 20 months, German online retailer Bergzeit has put a logistics annex with a new warehouse system featuring modern shuttle technology into operation at the company’s headquarters in Otterfing near Munich in September. Covering an area of 2,072 square meters, the warehouse is controlled and ...
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ArticleSecondhand market has tripled since 2020, according to new report
The value of the apparel, footwear, and accessories resale market is estimated at between $100 and $120 billion worldwide, nearly three times the size it was in 2020, according to a new study by Boston Consulting Group (BCG) and global resale platform Vestiaire Collective. The report, titled “What an Accelerating ...
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ArticleExports up and projects underway at Spain’s Capri Bikes
Seeing its exports expand from 40 to 60 percent of sales over the past half-year, Capri Bikes is raising its projection for annual revenues from €1.76 to €2.2 million, according to CMDsport. This would raise the total sold of its 1970s-themed bikes from last year’s 5,000 to 7,000. Last year ...
