All Corporate articles – Page 29
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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 ...
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News briefsFrench 2Ride Group acquires Troy Lee Designs
In mid-March, French motorcycle, mountain bike and ski protection equipment supplier 2Ride Group acquired California-based motorcycle and mountain bike outfitter Troy Lee Designs from the U.S. investment firm SBJ Capital. Both parties have agreed not to disclose any financial details. French investment company Eurazeo had been behind 2Ride Group since ...
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ArticleJornet and Camper launch NNormal; announce footwear, apparel and more for trail running and hiking
Now it’s finally out. After Kilian Jornet terminated his collaboration with Salomon, we were puzzling over who the Catalan climber and trail runner would work with in the future. Most recently, we reported that he and his partner Emelie Forsberg joined the athlete team of GPS watch brand Cronos from ...
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News briefsBergfreunde reports 31 percent growth in 2021, turnover exceeds €200 million
German e-commerce specialist Bergfreunde has released its 2021 report, stating a record turnover of €203 million. Given the unbroken growth trend in 2022, Bergfreunde is investing in new employees and further expanding its customer support (which currently counts 60 people) and IT development team. In 2021 alone, the store IT ...
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News briefsCanada Goose strengthens presence in Japan
Canada Goose Holdings and its longtime Japanese partner Sazaby League Ltd. have reached an agreement to establish the Canada Goose Japan joint venture to accelerate DTC expansion, including retail stores. The agreement will replace an existing exclusive national distribution agreement between Sazaby League and the Canadian luxury outdoor brand. Beginning ...
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News briefsMips’ China production restarts after brief lockdown
Due to the recent Omicron wave in China, the Swedish Brain Protection System (BPS) manufacturer Mips AB has further updated the current situation in areas where the supplier and several of its (helmet) customers have manufacturing operations. In a communication dated March 16, the helmet technology supplier had indicated that ...
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News briefsZorali reaches its crowdfunding goal in a few hours
Australian outdoor brand Zorali reached 91 percent of its minimum A$300,000 target in just three hours on March 16, the opening day of its crowdfunding campaign on Birchal, thanks to 204 investors. By March 21, the brand had raised a total of more than A$641,200 with nearly 500 people investing. ...
