All Article articles – Page 70
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ArticleThredUp debuts Recommerce 100 report, sees rapid growth of brand’s resale programs
U.S.-based company ThredUP, a large online resale service provider and platform for women’s and kids’ apparel, shoes and accessories, has started a monthly index that tracks which brands and retailers have launched resale programs and monitors their potential impact on the planet. The monthly Recommerce 100 report, conducted by the ...
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ArticleNew coalition of Sustainable Apparel Coalition, Fair Wear and the Ethical Trading Initiative
Following the launch of the The Industry We Want (TIWW) project geared towards ensuring ethical pay for workers, thriving businesses along the supply chain and a positive impact on the planet, the three organizations Sustainable Apparel Coalition (SAC), Fair Wear Foundation and the Ethical Trading Initiative have joined forces to ...
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ArticleThule increases sales by 20% in Q1, maintaining margins
Thule Group saw growth across geographies and product lines in the first quarter of 2022, with sales rising by a reported 19.5 percent compared to the year-earlier to 3,034 million Swedish kronor (€291.7m). On a currency-adjusted basis, sales increased by 13.4 percent. Margins were resilient as price hikes and efficiency ...
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ArticleShimano maintains guidance as sales growth continues to slow
Shimano’s sales in the first quarter of 2022 increased by 13.9 percent compared to the year-earlier to 144,047 million yen (€1,061m), as the growth rate in revenues continued to slow but nonetheless remained strong in the face of supply chain disruptions and logistics difficulties. The company said it is on ...
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ArticleManagement team changes at Exped
With Hubi Rutishauser, international sales manager and board member, leaving the Zurich-based company Exped after 28 years, Eicke Thiele succeeds him on the company’s three-member executive board and was appointed director of marketing and sales, effective April 1. Thiele has already been with the company for the past six years ...
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ArticleHaglöfs' growth challenges its CSR goals
Swedish company Haglöfs faces a growth-related gap between its sustainability targets and reality. Last year, the company has set a climate goal to cut its carbon emissions by half within ten years. Thanks to the booming interest in outdoor activities in 2021, Haglöfs reports record sales and the most successful ...
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ArticleEarth Day 2022: “Invest in our planet”
The applause for the smartest Earth Day campaign certainly goes to Allbirds. At www.keeptheamazonprime.com, a “global e-commerce platform you can’t live without,” the shoe manufacturer promotes donations for the Amazon. Every donation is doubled by Allbirds. EOCA has also launched a fundraising campaign for Earth Day: “A number of EOCA ...
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ArticlePerformance Days in Munich and The Loop: The industry reunion on April 27-28
The specialized ingredient sourcing show Performance Days and its digital version The Loop are thoughtfully aligned with the sourcing schedules of the industry and give product designers and managers the chance to finally meet in person again. On April 27 and 28, the industry is offered the chance for face-to-face ...
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ArticleAlpkit receives growth funding, plans to launch footwear this summer
Nottingham-based outdoor brand Alpkit has received £2.7 million (€3.2m) in funding from HSBC UK, backed by UK Export Finance (UKEF), the U.K.’s export credit agency and a ministerial department of the UK government, to support its domestic and international growth. Alpkit said it will use the funds to buy more ...
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ArticleEOCA launches three-part Earth Day fundraising campaign
On this year’s Earth Day (April 22, 2022), the European Outdoor Conservation Association (EOCA) is once again hosting an online fundraiser, accompanied by activities initialized by its members and the non-profit Outdoor Gear For Good (OGFG). With the money raised through these three initiatives, EOCA supports a number of conservation ...
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ArticleOnline Brands Nordic completes acquisition of Nordic Kidswear and Isbjörn of Sweden
E-commerce specialist Online Brands Nordic AB has finalized the acquisition of Nordic Kidswear AB, which includes Isbjörn of Sweden, the sustainable Swedish outdoor children’s clothing brand, as previously announced in January. Founded in 2005 by Maria Frykman and Camilla Schmidt, Isbjörn of Sweden has an undisputed reputation for producing highly ...
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STeP by Oeko-Tex Research sees need for legislative action to improve workers' wages
Oeko-Tex has published a blog post about a new study conducted by Alva-Louisa Rose of the School of Textiles and Design at the Herriot-Watt University as her master’s thesis. The paper named “Guidance for sustainability standards on supporting decent pay in certified facilities - a STeP by Oeko-Tex case study” ...
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ArticleMerrell launches beta version of shoe advisor app to make shopping easier and reduce returns
Verifyt, a product of Boston-based company NetVirta, a developer of smartphone 3D body scanning technologies, is the fit-scanning technology used in the beta version of Merrell’s new Merrell Shoe Advisor™ mobile app, the industry’s first consumer app designed to ensure an accurate, personalized shoe fitting recommendation. Verifyt is said by ...
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ArticleErem: Planting cacti for climate action
Erem, a Nevada-based company founded in 2021 that calls itself “the first outdoor brand focused on desert performance,” aims to bring the desert into our calculus of how to solve the planet’s biggest and most pressing problems. After all, 30 percent of the Earth’s landmass is desert, and 20 percent ...
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ArticleChina aims for a quick increase of recycling capacities
In a document released by the National Development and Reform Commission (NDRC), the Ministry of Industry and Information Technology and the Ministry of Commerce, the Chinese government has revealed its plans for improved textile waste recycling facilities and increase the output of recycled fibers at the same time. According to ...
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ArticleNorrøna publishes results of its CSR roadmap
Norrøna, the Norwegian outdoor and snow sports brand founded in 1929, has published the results of its CSR Roadmap 2021, showing the continued positive trend in achieving the brand’s environmental, social and corporate responsibility goals. Since 2014, progress, results and challenges in all aspects of the CSR Roadmap have been ...
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ArticleHigg and Open Apparel Registry collaborate to improve interoperability
To provide a seamless flow of data across platforms, Higg is now working with the Open Apparel Registry (OAR) to track sustainability improvements along companies’ value chains effectively. In a blog article, the company describes the multi-pronged sustainability programs necessary to respond to new legislation as “increasingly complex,” making quality ...
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ArticleBicycle sales in Austria: turnover surpasses €1 billion
The Association of Sporting Goods Manufacturers and Sports Equipment Suppliers of Austria (VSSÖ) has released the 2021 Austrian bicycle sales figures. Although the impact of the Covid-19 pandemic on supply chains was still strongly felt, around 490,000 bicycles were sold to Austrian sporting goods retailers and specialist bicycle dealers last ...
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ArticleTVS Motor Group acquires majority stake in another European e-bike company
The acquisition of an 80 percent majority stake in Swiss e-bike brand Ego Movement last year was followed by a 75 percent majority stake in Swiss E-Mobility Group (SEMG, the parent company of domestic e-bike retail chain M-Way, among others) in February 2022. Now, Indian two-wheeler and utility vehicle manufacturer ...
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ArticleSwiss Ski Pool CEO to lead Lowa Switzerland
Source: Swiss Ski Pool Christian Zingg The Bernese Oberland trading company Lowa Schuhe AG Schweiz will see a new boss in mid-2023: After more than 22 years at the helm, CEO René Urfer will retire and hand over the management to Christian Zingg in mid-2023 after a ...
