All Corporate articles – Page 25
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News briefsJack Wolfskin reset strategy unveiled
The Jack Wolfskin brand will see a renewed focus on its outdoor roots, with a tagline of “We Live to Discover,” according to details unveiled during parent Callaway’s investor day on April 26. New Wolfskin brand ambassadors will come from the researcher, advocate and documentarian world. A “DACH double down” ...
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News briefsKinetixx doubles sales and plans to launch cycling gloves
German glove brand Kinetixx, part of the Metzingen-based W+R Pro GmbH, has reported to have doubled its sales in the past winter season. In November 2021, former Odlo sales manager Matthias Faller took over responsibility for the DACH market and the label’s international business as head of the Kinetixx Sports ...
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News briefsNew Kettler Alu-Rad e-bike factory to start production soon
After less than two years of construction, German bicycle manufacturer Kettler Alu-Rad GmbH announced the imminent start of production at the “probably most modern production facility for e-bikes in Europe.” The factory is located in the German state of Saarland. It complements the venerable Kettler Fahrradfabrik plant nearby. There is ...
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News briefsCrow Bicycles secures €300,000 in its first funding round
Crow Bicycles, the Spanish high-end e-bike brand launched last year through an international crowdfunding campaign, closed its first investment round with a capital increase of €300,000. The funds will be used to develop new products, technologies, and services and hire new professionals with talent and expertise, the company said. Crow ...
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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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News briefsClarus expands credit facility
To fund its ongoing search for new “Super Fan” brands, Utah-based Clarus Corp expanded its senior secured credit facility to $300 million and entered into a $125 million term loan facility. Including a $175 million accordion feature, the new agreement provides Clarus with a total borrowing capacity of up to ...
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News briefsSportshopen builds new warehouse and logistics center
Sportshopen, the retail chain of Swedemount Sportswear & Fashion AB, which was founded in 1991 and currently has 15 stores in Sweden, is building a new warehouse and logistics center with offices in Gothenburg. The company’s growing European e-commerce business made this move necessary, according to ehandel.se, primarily to guarantee ...
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News briefs
Nemo turns 20 and becomes Climate Neutral certified
U.S. brand Nemo is celebrating its 20th anniversary this year, still being majority family-owned. The brand that started as a start-up in college by Cam Brensinger also announced its partnership with Climate Neutral. Nemo has successfully undergone the necessary process to be Climate Neutral certified, including the purchase of eligible ...
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ArticleRebike Mobility completes another round of financing, expansion outside Germany planned
Rebike Mobility GmbH, a German provider of used e-bikes founded in 2018, has announced the completion of a new round of capitalization. Leading the round is Circularity Capital, a European investor for growth companies in the circular economy. The new co-investors Tengelmann Ventures and Parkshore Holding bring strategic experience to ...
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ArticleGovernment-funded VeloLab founded to encourage innovation in the German bike sector
A new platform called VeloLab was launched in early April 2022 with the goal to strengthen the bicycle as a means of transport in Germany. As a funding project of the Federal Ministry of Digital Affairs and Transport (BMDV) within the national cycling plan (NRVP) framework, VeloLab is a digital ...
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News briefs$85 million financial boost for start-up Natural Fiber Welding
U.S.-based start-up Natural Fiber Welding (NFW) has raised $85 million in funding to scale the production of its all-natural, circular materials products. The investors backing the circular materials company include Evolution VC Partners, Tattarang, Lewis & Clark AgriFood, Collaborative Fund, AiiM Partners, Engine No.1, Raga Partners, Tidal Impact, Scrum Ventures, ...
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News briefsClimatePartner opens new Spanish office in Barcelona
ClimatePartner has just opened its first office in Spain, a country already feeling the consequences of global heating with increasing draughts, wildfires and a rising sea level. Led by Tom Weseloh, former sustainability officer at Mediamarkt and managing director of a start-up focused on the development of Soil Organic Carbon ...
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ArticleRestructuring of SRAM’s European OE sales team
After seven successful years as director of OE sales Europe at bicycle component manufacturer SRAM Group (brands Avid, Hammerhead, Quarq, Rockshox, SRAM, Time Sport, Truvativ, Zipp), Uwe Reichelt is entering his well-deserved retirement. The German company has already used the last few months to reorganize and expand the European OE ...
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News briefsCampsider raises €2 million in funding round
Campsider, a France-based e-marketplace that sells second-hand outdoor sporting goods, has announced that it has carried out a funding round worth €2 million, led by Founders Future and around 20 additional investors. The funds will be used to expand its staff in Annecy and Paris, redesign the website, launch an ...
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News briefsHans Anders launches new sports eyewear brand Driive with DSM bike team
The Dutch Hans Anders retail group (owner of the Hans Anders, Eyes + More and Direkt Optik optician chains) has entered into a collaboration with World Tour cycling team DSM to develop and promote its new eyewear brand, Driive. The new line of sports eyewear is aimed at cyclists and ...
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News briefsSchwan-Stabilo establishes outdoor subsidiary in Italy
As of April 1, 2022, mountain sports expert Ortovox is repositioning its presence in the Italian market with the opening of the new Schwan-Stabilo Outdoor Italia branch, based in Rancia near Bergamo. With Stefano Finazzi, the company is bringing an experienced industry expert on board as general manager. After 25 ...
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ArticleShimano Europe intends to outsource warehouse activities
Shimano Europe B.V., based in Eindhoven, Netherlands, intends to completely outsource its warehousing activities. The proposal has been submitted to the works council for consultation. The outsourcing could result in losing up to 45 jobs at the warehouse in Nunspeet (Netherlands). A social plan will be drawn up for the ...
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News briefsMountainsmith moves into new headquarters
Colorado-based company Mountainsmith has moved into its new headquarters downtown the city of Golden. The new location features an integrated showroom-style retail space but also hosts offices as well as sales and product design departments. The company has been located in Golden since its founding in 1979 but had its ...
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News briefsRe:NewCell to team up with Daiwabo Rayon
Re:NewCell has signed a Letter of Intent with Daiwabo Rayon, a consolidated subsidiary of Daiwabo Holdings, for a long-term commercial collaboration around man-made cellulosic fiber production. Ekman Group, Renewcell’s exclusive global trading partner, has facilitated the preliminary agreement. Renewcell and Daiwabo will work together to supply textile fibers made using ...
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News briefsStart-up footwear brand Hylo raises €2.9 million for low CO2 vegan sports shoes
The U.K.-based brand Hylo Athletics, co-founded by ex-football professional Michael Doughty in 2020, has secured €2.9 million in a Series A funding round for its vegan-friendly sneakers that are made with natural rubber, cotton, algae and corn fiber. The company claims the “corn runners” have a 52 percent lower carbon ...
