All Article articles – Page 89
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USWE expands offering with premium cycling apparel through acquisition of VOID Cycling
On July 16, USWE Sports AB, founded in Skåne, Sweden, in 2007, signed an agreement to acquire VOID Cycling, founded in Gothenburg in 2014, from Tenson BV and Color Group BV. Both USWE and VOID are strong in e-commerce and have each established a global presence. In early 2021, the ...
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MarketMedia24 studies see long-term growth for athletic footwear in Germany
Looking as far into the future as 2028, the new Branchen-REPORT Sport 2021 by MarketMedia24 predicts a considerable growth of the athletic footwear sector even in the most conservative models calculated by the Cologne-based market research and consulting institute. Triggered by growing health awareness and despite (or perhaps because of) ...
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SOG starts circular outdoor project
To meet the demand of many of its members for circular economy solutions, the Scandinavian Outdoor Group (SOG) has started a circular outdoor project called SOG Circular Outdoors a few weeks ago in collaboration with Peak 63, a development company based in Östersund, Sweden, with the goal of launching a ...
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Textile Mission publishes research report on microplastics
An interdisciplinary research project run by the Federal Association of the German Sporting Goods Industry (Bundesverband der Deutschen Sportartikel-Industrie/BSI) and worked out by its Textile Mission team (with support of the German ministry of education and science) has now published its final report on the origin and reduction of textile ...
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Sympatex Technologies among Best for the World B Corp companies of 2021
German Sympatex Technologies has been placed in the “Best for the World” top 5 percent of 4,000 certified B Corporations worldwide by B Lab Global for its CSR performance in 2021. The Munich-based company is involved in initiatives like the European industry partnership wear2wear for the rapid ...
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New Canadian brand norda launches seamless trail running shoe made of bio-based Dyneema
norda™, a young Canadian running shoe brand, introduced the first seamless trail running shoe made from bio-based Dyneema® fiber. norda was “founded with a mission to empower athletes to reach their highest potential through innovation and cutting-edge technology” and is the brainchild of Willamina and Nick Martire ...
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TMC releases database for microfiber shedding and standardized test
After a joint effort of The Microfibre Consortium (TMC) and its members, a wide database and globally aligned and standard test method to determine the level of microfibers shed from fabric during domestic laundering has just been released. The test method and detailed database for the specification ...
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ABS and Pyua with new shareholders and sales manager
Following the acquisition by Spin Capital in 2018, brand relaunches and a renewed and expanded product range for both ABS Protection GmbH and Pyua, the team around Spin Capital’s CEO, Dr. Stefan Mohr, is now receiving further support from some well-known sports and fashion industry veterans. Edgar Rosenberger ...
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CONEBI’s publishes Bicycle Market Report 2021
“The European bicycle industry is booming.” That is the headline the Confederation of the European Bicycle Industry (CONEBI), the umbrella organization for national industry associations, is using to promote its BIMP Edition 2021 (“European Bicycle Industry and Market Profile”), unveiled June 12, with the latest figures for 2020. ...
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Shimano with new factory in Singapore, new machines in Japan
A few weeks ago, Japanese bicycle component manufacturer Shimano Inc. had to close its Malaysian plant, forced by the Malaysian government’s Covid lockdown. The Japanese company now announced that it would invest in a new factory in Singapore and new machinery in Japan. All this is being done with an ...
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Helen of Troy’s Hydro Flask starts year strongly
Helen of Troy’s Houseware segment, which includes outdoor drinkware brand Hydro Flask, posted revenues of $193.6 million in the first fiscal quarter ended May 31, up by 37.7 percent compared to the year earlier. Gains in the top line were due to the positive comparative effect from store closures and ...
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Portugal officially inaugurates Europe’s first large-scale carbon frame factory
Led by Portugal’s minister of state for the economy and digital transformation, Pedro Siza Vieira, Carbon Team’s new production facilities were officially inaugurated on July 9 in Camoia, in the Portuguese municipality of Vouzela. Carbon Team is the first European automated carbon bicycle frame factory outside Asia. Hardtail monocoque carbon ...
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Anta Sports Q2 sales growth continues at slightly slower pace
Anta Sports continued to show strong sales growth in the second quarter ended June 30. However, the pace of growth slowed somewhat from the first quarter, which benefited from a strong comparison effect as strict lockdown measures were imposed in China in the first quarter of 2020. In an operational ...
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Klarna acquires social shopping platform Hero
Klarna, the retail banking, payments and shopping service from Sweden with over 90 million active users worldwide and 2 million transactions per day, has acquired Hero, a social shopping platform founded in 2015 and based in London and New York. Hero aims “to provide consumers with inspiration, advice and immediately ...
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Light My Fire welcomes new EU guideline to restrict single-use plastics
As of July 3, it is forbidden to put new single-use plastic products on the market. This is in line with the EU directive on single-use plastics. The Swedish brand Light My Fire, founded 25 years ago, welcomes the directive as a step in the right direction. Light My Fire ...
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Outdoor company stocks continue to gain ground in Q2
From the first quarter to the second quarter of 2021, the 32 outdoor stocks we track were up 13.82 percent. Neither the bike nor the retail companies had a major impact here, but rather a few of the large groups such as Anta Sports, Vista Outdoor and American Outdoor Brands, ...
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Portugal Bike Value goes digital
On July 20, the very first digital platform to promote the Portuguese conscious mobility sector will be launched. With this tool, the national bicycle industry association ABIMOTA aims to promote, on behalf of its members, the path taken to internationalize the domestic bicycle production sector. Source: ABIMOTA PBV ...
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Bluesign releases its revised 2021 chemical substances lists
St. Gallen-based company Bluesign has just released its revised standard lists for the restrictions for chemical substances in textile production and supply chains, relevant for all Bluesign system partners. The revision incorporates new scientific knowledge on the toxicological and ecological profile of substances, the new legal classification ...
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Maier Sports closes product lifecycle with Design2Recycle and Recycle2Design
Maier Sports announced that it will use the Design2Recycle and Recycle2Design concept to develop its products for maximum quality recycling after use in the future. Pants, jackets and shirts from the German outdoor clothing supplier are to be based on a 100 percent sustainable, forward-looking clothing concept with a completely ...
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German e-commerce grows strongly, marketplaces on the rise
Berlin-based e-commerce and mail order trade association, bevh, has released its market figures for the second quarter of 2021, seeing an unbroken overall trend towards e-commerce and marketplace sales for all types of goods in Germany. After strong recovery effects earlier in the year, e-commerce revenue in the second quarter ...