All Corporate articles – Page 44
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News briefs
Patagonia proactively shuts down operations in Europe and the U.S.
(Post updated March 13) Patagonia is temporarily closing its European headquarters in Amsterdam for at least one week. All employees – more than 100 – will continue to work from home. Ryan Gellert, general manager of Patagonia EMEA, said that the proactive closure was not an easy decision, but the ...
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La Sportiva shuts down production until April 3
La Sportiva, the Italian producer of climbing and hiking shoes and clothing, announced on March 12 the closure of its head office, store and manufacturing plant at Ziano di Fiemme in Northern Italy because of the coronavirus epidemic, at least until April 3. The facilities employ a total of 364 ...
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ArticlePolartec starts to make some more noise
Polartec wants to raise its brand awareness with a bigger marketing budget under the ownership of Milliken & Company, the big American textile group that took over the fleece fabric producer a few months ago (Compass Vol. 12 N° 11+12 of June 28, 2019). It has already changed its logo, ...
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Calzados Bestard’s annual sales down by 5%
According to its sales director, Mats Lindholm, Calzados Bestard, the Spanish brand of mountain boots, generated €5 million in revenues last year. This was 5 percent less than the record-setting total for 2018, when the Mallorcan brand released a number of new models, among them a collection with Gore-Tex Surround. ...
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Le Chameau enters joint venture with Bradshaw Taylor
Le Chameau, a French boot brand, has entered into a joint venture with Bradshaw Taylor Ltd., an outdoor distribution specialist in Oakham, U.K. Le Chameau’s owner, Marwyn Investment LLP, and Bradshaw Taylor have signed a corresponding agreement. Bradshaw Taylor, a fourth-generation family business, is a successful distribution company of outdoor ...
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Denmark’s Nordisk settles with American Yeti
As reported previously, the German down specialist Yeti will be completely integrated into the Danish Nordisk brand as of the 2020/21 season, with all Yeti shell products being assigned to the Nordisk brand and its down products selling under the new Red Y label. The Danish and German brands have ...
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Klättermusen moves warehouse and logistics to The Netherlands
Klättermusen, the Swedish outdoor brand dedicated to creating apparel with a minimum impact on nature, has moved its warehouse from Borås in Sweden to ’s-Heerenberg, The Netherlands. According to the brand, the new site is ideally situated to serve global customers and allows the company to expand the current capacity ...
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ArticleCorona infecting the sports and outdoor industries
On Dec. 31, 2019, the World Health Organization (WHO) country office in China was informed of a cluster of patients with pneumonia of unknown cause in Wuhan, a city of 19 million people in the Hubei Province of China. Since then, we have been witnessing the spread of the coronavirus, ...
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Article
Assosport releases a statement on coronavirus
(Updated March 15) Assosport, the association of the Italian sporting goods industry, has published an open letter to its members from its president, Federico De Ponti, in relation to the coronavirus crisis. In the letter, De Ponti explains that Assosport has taken action through Confindustria, the Italian employers’ federation and ...
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News briefs
VF closes a special “green bond”
VF Corp. announced on Feb. 27 the closing of the first “green bond” in the apparel and footwear industry. The net proceeds from the €500 million bond offering will be used for investment in programs within the company’s “Made for Change Sustainability & Responsibility Strategy,” and to drive progress toward ...
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Woolpower expands production capacity
Woolpower, the Swedish specialist in wool bodywear and accessories, says it intends to further expand the production capacity in its own factory due to its good long-term order situation and is investing in new employees and machines. Up to 30 knitting machine operators, converters and seamstresses are to be recruited ...
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Article
Ternua establishes twin sales departments
There are three pillars to Ternua’s growth strategy: the digitalization of its B2B business, the expansion of its complementary product lines (such as backpacks) and business development abroad. To build on the last of these, the Catalonian outdoor group has split it sales department into two divisions.
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News briefs
Wearcolour Sweden files for bankruptcy
(SGI) As reported in Sportfack, the Swedish industry magazine, Wearcolour Sweden, a Swedish brand of anoraks, ski jackets and trousers with distinctive color blocking that also owns the Void Cycling trademark, went bankrupt on Feb. 11 at its own request in Gothenburg. A notice on its website said that no ...
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Changes in Lenzing's management board
(SGI) Lenzing, the producer of cellulosic fibers, is switching out one member of its management board and expanding it by one seat. On March 1, Stephan Sielaff, Lenzing’s new chief technology officer, will take the seat vacated late last year by Heiko Arnold, who has left the company. A chemical ...
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Moncler continues to grow
(SGI) The chief executives of Moncler and Kering have both denied press speculation about a possible acquisition of the Italian brand of luxury outerwear by the parent company of Gucci, Saint Laurent and other luxury goods brands, which spun off Puma two years ago. Indicating that there were no concrete ...
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Shimano buys Pioneer Sports Cycle assets
(SGI) Shimano is planning to develop new products, web services and applications using certain assets of Pioneer Sports Cycle that it has acquired from Pioneer Corporation, the U.S. company that developed the first pedaling monitor and cycling computers in 2013. Many of Pioneer’s current products have been designed to be ...
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The Calida Group continues to slim down the Lafuma Group
The Calida Group continues to slim down the Lafuma Group, focusing it on the Lafuma and Millet brands. It reports that Rainbow, a company founded by Emmanuel Debruères and Jean-Christophe Chetail, has offered to acquire Oxbow from Lafuma, adding that Debruères and Chetail seek to raise Oxbow toa new stage ...
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VF Corporation is restructuring its management in Europe
Andrea Cannelloni, Napapijri’s long-standing vice president and general manager for EMEA, is to drive digital product development and head product development, sustainability and sourcing in a newly created position: president product platform. He will be responsible for the Napapijri, Timberland and Dickies brands. Timo Schmidt-Eisenhart, who has been with VF ...
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News briefs
Spartan Race announced the acquisition of Tough Mudder’s U.K
Spartan Race, the global leader in obstacle course racing, has recently announced the acquisition of Tough Mudder’s U.K., Canadian and German events. This is the first step in an effort to merge both obstacle course race leaders. Events in these countries will continue to be operated by the same team ...
