All Article articles – Page 79
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ArticleTourism-related sporting goods retailers in Austria see winter season at risk
In the 2020/2021 winter season, tourism-related sporting goods retailers in Austria recorded sales losses of up to 95 percent. A study by SpEA (SportsEconAustria) commissioned by the Federal Committee for Trade in Fashion and Leisure Articles in the Austrian Federal Economic Chamber (WKÖ) now shows that what was already feared ...
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ArticleGlove specialist Hestra publishes first sustainability report
Source: Hestra Swedish glove specialist Hestra has written its first sustainability report. In 36 pages published on its website in a few days, the company provides an overview of its performance and plans for the fiscal year ending April 2021. In 2020/21, Hestra undertook a project to ...
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ArticleExcellent financial year enables Accell to repay government Covid credit facility
Based on its sales and profit growth in 2021, Netherlands-based Accell Group N.V. will fully repay its “Go-C” facility issued during the Covid-19 pandemic before the end of the year. In this context, the Dutch company has also converted its existing revolving credit facility (“RCF”) from seasonal to full-year availability. ...
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ArticleJohnson Outdoors Q4 sales rise slightly over “unprecedented” 2020
Johnson Outdoors saw sales inch up slightly in the fourth quarter of its financial year, as demand for fishing, camping and water recreation products remained strong following “unprecedented” growth in the year-earlier and diving continued a recovery underway since the third quarter. Total company sales in the three months ended ...
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ArticleFashion for Good launches new polyester recycling research project
Innovation platform Fashion for Good, based in Amsterdam, has launched the Full Circle Textiles Project – Polyester with the ambition to validate and scale promising technologies in polyester chemical recycling and to encourage financing and offtake commitments in the apparel industry. The project aims to bring together a consortium of ...
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ArticleSignificant progress in EOG’s supply chain decarbonization project
The European Outdoor Group (EOG) has reported significant progress from a project that it is facilitating to reduce greenhouse gas emissions and increase renewable energy usage within the outdoor industry supply chain. The Supply Chain Decarbonisation Project (SCDP) is part of the EOG’s broader climate action program and a pre-competitive ...
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ArticleNew study on social shopping in Germany: Where the product finds the buyer
One in five Germans has bought something via social networks, just as many can imagine it. Social media and e-commerce are merging, and the customer journey is being redefined. A recent YouGov study shows the relevance of social shopping for German consumers.
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ArticleReduced VAT on bicycles and e-bikes soon possible in the EU
On Dec. 7, the Council of the EU reached an agreement on updated rules for VAT rates. Under the new rules, member states will be able to apply reduced VAT rates to the supply, rental and repair of bicycles - “including electric bicycles.” Conebi, the European umbrella organization for national ...
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ArticleBetter Cotton Initiative publishes detailed impact report 2020
The Better Cotton Initiative (BCI) has just published its impact report 2020, adding new sections to the report along with the farmers’ results for the 2019/20 cotton season. The new chapters in the 103-page report are set to give a more comprehensive overview of the NGO’s work to contribute to ...
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ArticleOR Snow Show releases redesigned hall plan and new Resource Center information hub
The Outdoor Retailer Snow Show, taking place Jan. 26-28, 2022, in Denver, Colorado, has unveiled its in-person education program and a redesigned floor plan centered around the “Resource Center,” a new information hub that provides access to industry knowledge from experts who will be on hand to answer questions and ...
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ArticleDespite serious bottlenecks, Taiwan’s bicycle and e-bike production grows at double-digit rate
Compared to other countries, the island nation of Taiwan has come through the pandemic in the best possible way. Thanks to safety measures taken in good time this is certainly also related to the experience gained with the SARS virus several years ago. Regarding this year’s situation in Taiwan, Astro ...
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ArticleIntersport Austria enhances service, prepares for second consecutive winter without tourism
At the press conference marking the start of the 2022 winter season, Intersport Austria looked to the future with cautious optimism. On the first weekend of the advent season, the retail group recorded a digital run on all winter sports articles: alpine skis, touring skis, snowshoes, bobsleds and sleds were ...
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ArticleFESI and others object to parts of the changes in EU antitrust commercial regulations
The European Commission has agreed to revise at least one of the new draft regulations and guidelines for VBER 2022 that it submitted for public review on July 9 and that would govern future relationships between suppliers (brands or manufacturers) and their wholesale and retail customers. The Federation of European ...
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ArticleLavalan introduces new insulation made from 100% European wool
The southern German wool specialist Lavalan, a brand of company Baur Vliesstoffe, presented its new wool insulation called Lavalan® pure made from 100 percent wool sourced in Europe at the (digital) Performance Days. Lavalan is a highly functional and natural alternative to synthetics and down. The properties of wool include ...
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ArticleCalzados Bestard enjoying a record year
Calzados Bestard knew in September that it would be surpassing its record for annual sales: €5.1 million, set in 2018. By late November, with a month to go before wrapping up 2021, it had generated revenues of €6.1 million for the year. The figures come from Mats Lindholm, the Spanish ...
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ArticlePatagonia calls for moratorium on seabed mining
Together with Volkswagen Group, Triodos Bank and Scania, Patagonia joined growing calls for a moratorium on emerging deep-sea mining. Along with other major companies such as BMW Group, Volvo Group, Samsung SDI, Google and Philips, the companies pledge not to use minerals from the deep sea in their products. The ...
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ArticleItalian fashion label Herno acquires outdoor brand Montura
The outdoor market is becoming increasingly attractive for many companies from other segments. After Helen of Troy recently attracted attention with the acquisition of Osprey Packs, Italian luxury outerwear company Herno has now announced to buy Montura, a well-known Italian outdoor brand. For Herno, this would be the entry into ...
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ArticleExperts discuss different textile recycling options at meeting hosted by The Lycra Company
In the second global panel discussion of a row hosted by The Lycra Company, 28 apparel industry experts have evaluated the pros and cons of mechanical recycling versus chemical recycling and what is needed to make garment recycling a commercial reality. Mechanical recycling can also use materials from outside the ...
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ArticleVisitor numbers for EICMA 2021 at pre-pandemic level despite restrictions
The enthusiasm and confidence for the international two-wheeler exhibition EICMA seem unbroken. With a total of 342,644 visitors, the 78th edition of the show, which took place from Nov. 25 to 28 at the Fiera Milano in Rho, had reached the capacity limit permitted by current law. Although EICMA traditionally ...
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ArticleHelen of Troy to bolster presence in outdoor segment with acquisition of Osprey
Helen of Troy, the El Paso, Texas-based, publicly traded company that owns a variety of brands in the Beauty, Health&Home and Housewares segments, including Hydro Flask and Oxo, has announced that one of its subsidiaries has entered into a definitive agreement to acquire Osprey Packs, the backpack manufacturer founded in ...
