All General Outdoor articles – Page 125
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News briefs
Wesports makes further purchases and recruits e-com pioneer Johan Ryding to the board
WeSports’ previously reported shopping spree does not appear to be over, as the Swedish group has now reported its entry into the water sports and water leisure products market with the acquisition of Finwake, a leading water sports equipment specialist from Finland. Finwake has a strong position in Finland with ...
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News briefsEisbär with new design and sales staff
Eisbär Sportmoden, under the management of sports industry veteran Ronald Mühlbeck since Sept. 2019, announced the restructuring of its product & design and sales divisions at the company headquarters in Feldkirchen/Donau in Austria. Source: Eisbär Thomas Oberhofer As the new product manager, Thomas Oberhofer has been responsible ...
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News briefsHigg Index adds new analytics tool to identify risks and opportunities at a glance
After identifying a rising demand for environmental data from companies worldwide, the sustainability insights platform Higg (spun out of the Sustainable Apparel Coalition in 2019 as a public-benefit technology company) has introduced a new analytics tool to make it easier for brands and buyers to understand and act to improve ...
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News briefsPatrick Berresheim leaves Birkenstock, joins Jack Wolfskin as new VP Digital
Source: Jack Wolfskin Patrick Berresheim Digital specialist Patrick Berresheim has joined the Jack Wolfskin team to fill the newly created role as vice president digital at the German brand. The German outdoor brand sees significant growth potential globally, especially since it was acquired by Callaway Golf in ...
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Article50 NGOs urge governments and companies to protect workers in Sri Lanka and Bangladesh
In a joint statement to the government and employers’ organizations of Sri Lanka and Bangladesh and apparel brands sourcing from those countries, over 50 organizations from around the world are urging to take immediate action to keep workers safe during the current new Covid-19 wave. In August, Bangladesh saw a ...
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News briefs
Underwear brand Saxx gets financial injection
Saxx Underwear, a Canadian men’s functional underwear brand founded in 2006, received a strategic investment from TZP Group, a multi-strategy private equity firm, through TZP Capital Partners III. NLS Group Holdings Inc., led by Krystal Growth Partners which invested in Saxx in April 2010, will retain a significant minority interest ...
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News briefsEquipment sales in the U.S. up 23% in first semester
The NPD Group reports that areas of the U.S. outdoor and sports industry experienced unprecedented highs over the past year and a half, as consumers sought refuge outdoors during the pandemic. This behavior is not a flash in the pan; in fact, equipment sales at sports specialty retail grew by ...
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News briefs
American outdoor industry body launches workforce assessment
The Washington, D.C.-based Outdoor Industry Association (OIA), the nonprofit trade body of the outdoor industry in the U.S., and several partner organizations have launched the Outdoor Industry Workforce Assessment. The voluntary survey, open to the leadership and management teams of companies and organizations in the outdoor recreation industry, will gather ...
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ArticleAllbirds files for IPO but remains loss-making, plans to open up new apparel categories
Allbirds, the B Corporation-certified San-Francisco-based footwear and apparel brand, has filed with the U.S. Securities and Exchange Commission for an initial public offering. The document lists the size of the transaction at $100 million, which is an estimate used only to set the registration fee of $10,910. Allbirds was last ...
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ArticleOeko-Tex reports successful 2020/21 year, with strong growth for Made in Green label
In its annual report for 2020/21, Oeko-Tex looks back to a turbulent era by changes and challenges due to the pandemic and the increasing pressure to move all partners in the supply chains to more sustainability and less CO2 emissions. During the last year, Oeko-Tex went live on Instagram for ...
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News briefs
Climate Action Summit by ClimatePartner hosted digitally and physically
During this year’s Climate Action Summit, scheduled on Nov. 24-25, Munich-based ClimatePartner plans to bring roughly 1,500 of its clients as well as company representatives and climate experts together to discuss upcoming challenges, opportunities for action and successes in the attempt to reach the Paris Climate agreement’s goals. The summit ...
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News briefsManufacturing company PTT receives ISO 9001 certificate, passes Puma audit
Textile manufacturer ProTecTekstil (PTT) in Muskosredicze, Croatia, has completed two comprehensive certification processes and now holds the ISO 9001:2015 certificate. Besides that, the plant – owned by Munich-based functional clothing specialist Hyphen Sports GmbH – passed an audit by German brand Puma for possible production at the site. PTT offers ...
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News briefsSwedish WeSports group in a buying mood, acquires six brands
The Swedish WeSports Group AB has taken over a number of brands and companies in the recent weeks and months. After the acquisitions of Rawbike and the Nordic Outdoor & Sports Group, which were completed in April this year, the Stockholm-based enterprise has taken over six more companies during the ...
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News briefsSOLE launches climate accountability initiative and carbon-negative insoles
Canadian footwear company SOLE has launched CO2negative, an initiative in collaboration with ReCORK™ to promote and facilitate the accurate labeling of the climate impact of consumer products and the certification of CO2-negative products, and simultaneously announced its first CO2negative™-certified insoles, the Performance footbed collection. Made from ReCORK recycled cork, the ...
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News briefsU.S. resale startup Trove raises $77.5 million
Trove, a California-based branded resale company that counts Patagonia, Arc’teryx, REI and Lululemon among its customers, has received $77.5 million in a Series D funding round led by G2 Venture Partners, bringing its total funding to date to $122.5 million. Bank of Montreal, Capital One Ventures, Commerce Ventures and Wellington ...
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News briefsUSWE swings to Q1 profit as sales soar on demand surge
Swedish outdoor and sports brand USWE reported a jump of 253 percent in net sales to 29.3 million Swedish kronor (€2.86m-$3.37m) for the three months to June 30. It generated an operating profit before depreciation and amortization (Ebitda) of SEK 5.58 million (€0.55m-$0.64m), or a margin of 19 percent of ...
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ArticleSport Holding acquires Bergans of Norway
Sport Holding, Norway’s largest sports retail player with more than 360 company-owned and franchised stores throughout Norway, divided into Sport 1, Intersport, Anton Sport, Löplabbet, Sportsnett and Skandinavisk Høyfjellsutstyr, is acquiring 100 percent of the shares of Bergans Fritid AS. Source: Hans Kristian Krogh-Hanssen Jan Tore Jensen, CEO ...
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News briefsWith 27% growth in H1, Tecnica performed better than in 2019
Italian Tecnica Group posted revenues of €173.7 million in its H1 that ended June 30 (+27 percent compared to H1 2020). Ebitda increased to €17.1 million from €2.7 million in H1 last year. The net result shows a loss of €2.5 million (€14.2 million in H1 2020). Lowa, Rollerblade and ...
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News briefs
Isbjörn promotes Maria Eklind Enström to content manager
Swedish children’s outdoor brand Isbjörn of Sweden has appointed its former customer service employee, Maria Eklind Enström, as its new content manager. The newly created position is part of the company’s ongoing digital and e-commerce strategy. Prior to Isbjörn, she worked as a buyer at J.Lindeberg for eleven years and ...
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News briefsBig Agnes receives RDS brand certification
After purchasing certified down for all of its sleeping bags and apparel for years and an intensive audit including a physical visit of the brand’s facilities and products in its Salt Lake City distribution center, U.S. outdoor equipment brand Big Agnes announced that it has officially received its Responsible Down ...
