All General Outdoor articles – Page 39
-
News briefsUSWE enters liquidity guarantee agreement with Pareto Securities
USWE Sports AB, the Swedish parent company of USWE, Void Cycling and Giant Loop, has entered into a liquidity guarantee agreement with Oslo-based Pareto Securities AB. Pareto Securities will assume the function of liquidity provider on Jan. 2, 2024. The obligation takes place within the framework of Nasdaq First North ...
-
News briefsLawton takes over as CFO of Thule Group
Source: Thule Toby Lawton As already announced in July 2023, Toby Lawton took over the role of CFO of the Swedish Thule Group with the start of 2024. He succeeds Jonas Lindqvist. Lawton was most recently CFO at the Swedish textile recycling company Renewcell. At Renewcell, former ...
-
ArticleClarus sells Precision Sport segment
Salt Lake City-based Clarus Corp., the parent company of the outdoor and overlanding brands Black Diamond, Rhino-Rack, Maxtrax and Tred Outdoors, announced on Dec. 29, 2023, that it has entered into a definitive purchase and sale agreement to sell its Precision Sport segment, which consists of the company’s Sierra Bullets ...
-
News briefsBleed enters insolvency
Despite intensive efforts, Bleed has not been able to find a solution for its continuation to date, the company announced in a newsletter issued shortly after Christmas. As a result, the sustainable outdoor brand from southern Germany will be insolvent from January 2024. Since the team around owner Michael Spitzbarth ...
-
ArticleCOP28: Outdoor industry puts reconnecting with nature and physical activity on agenda
Read here how COP 28 went for representatives from the sporting goods and outdoor industry.
-
ArticleDevold commits to SBTi
The Norwegian brand Devold has recently committed to setting its climate targets in line with the Science Based Targets Initiative (SBTi). This important commitment is the result of an internal decision to halve the company’s greenhouse gas emissions by 2030 and reduce them to zero by 2050. The SBTi supports ...
-
ArticleEMPOCA: Connecting Black youth with nature and creating future leaders
After meeting Anthony Owosekun at the European Outdoor Summit 2023 (EOS) in Berlin, where he presented the non-profit organization he founded, it is a heartfelt matter for us to introduce him and his NGO to our readers who could not attend EOS last fall. Source: Jasmin Valcarcel / ...
-
ArticleWorldly launches next generation of environmental impact assessments, Higg FEM 4.0
Worldly, in partnership with Sustainable Apparel Coalition (SAC), has announced the launch of Higg Facility Environmental Module 4.0 (Higg FEM 4.0). To help companies address pressing climate issues and meet growing regulatory requirements, the environmental assessment is now aligned with global carbon frameworks. The new version features numerous design enhancements ...
-
ArticleEOG members vote to join Race To Zero
Participation in a Race To Zero initiative by the end of 2024 will become a mandatory requirement for membership of the European Outdoor Group (EOG). In a process open to all members of EOG, 88 percent of those voting voted in favor of the proposals recommended by the EOG Board ...
-
News briefsManagement transition at Dale of Norway and Woolland
After a record year for Dale of Norway, Anette Juel Knudtzon is leaving the company after 6 years as CEO of Woolland AS as well as 4 years as CEO of Dale. On Feb. 1, she will take over as CEO of IsaNor Invest. According to Norsk Sportsbransjeforening, Dale of ...
-
News briefsRenewcell secures €9m capital injection for short-term liquidity
Swedish textile-to-textile recycling company Renewcell has entered into two short-term loans with its main shareholders, H&M Fashion AB and Girincubator AB, and – through waivers and amendments to the company’s existing financial agreements – with its existing lenders BNP Paribas, European Investment Bank (EIB), Nordea Bank Abp and AB Svensk ...
-
News briefsCoDi receives $75.2m equity investment
Compass Diversified (CoDi), the Connecticut-based owner PrimaLoft, Boa Technology, 5.11 and Velocity Outdoor, completed a $75.2 million private placement offering of approximately 3.6 million of its common shares to an Allspring Global Investments mutual fund for $21.18 per share. “We are thrilled to receive this substantial investment from Allspring,” commented ...
-
ArticleDevold works with software company Celsia to facilitate sustainability reporting
Due to the Corporate Sustainability Reportive Directive (CSRD), a new European directive on sustainability reporting, the outdoor wool clothing brand Devold of Norway started a collaboration with the Norwegian software company Celsia in early December to simplify its sustainability reporting and thus ensure the competitiveness of small and medium-sized companies. ...
-
News briefsTCA names 2023 Confluence Grantees
The Conservation Alliance (TCA), a US coalition of like-minded member organizations working to protect wilderness and natural areas, announced the recipients of its 2023 Confluence Grant Program: Alabama River Diversity Network, Battery Island Drive Neighborhood Association, People of Red Mountain and Northern Chumash Tribal Council. The Confluence Grant Program, which ...
-
ArticleBuff intensifies sustainability commitment
Spanish company Buff, which celebrated its official entry into the B-Corp community in 2023, has made significant progress on its journey towards sustainability, which the company prioritizes in all its decisions. In the B Corp certification, Buff managed to achieve a score of 105.7, which is well above industry standards. ...
-
OpinionThe Rise of the Intelligent User: Are brands keeping up?
Our columnist Charles Ross looks back on the past year and takes a closer look at the new generation of consumers, with whom he can relate as a former gear nerd himself, but whose modern consumer universe looks a little different than it used to.
-
News briefsUNIDO and Fair Trade International team up for sustainable supply chains
Gunther Beger, managing director of United Nations Industrial Development Organization (UNIDO), and Sandra Uwera Murasa, global CEO of Fair Trade International, have inked a new joint declaration at COP28 in Dubai on Dec. 10. In the declaration, UNIDO and Fairtrade reiterate their shared commitment to promoting sustainable supply chains and ...
-
News briefsTeijin Frontier announces new material for sports and outdoor wear
Tokyo-based Teijin Frontier has announced the development of Microft MX, a new high-performance material made from a combination of polyester and nylon filaments, which is said to combine the texture and functionality of both materials. Microft MX has the look of “a finely woven chambray” due to a difference in ...
-
ArticleEOCA grants funding to four new conservation projects
At the end of a selection process lasting almost six months, the European Outdoor Conservation Association (EOCA) has announced that €180,000 has been allocated to four new conservation projects in four different countries. In the fall funding round, non-profit organizations were able to apply to EOCA for funding of up ...
-
News briefsRenewcell appoints interim CFO
Peter Schulz will join Swedish textile-to-textile recycling company Renewcell as Interim Chief Financial Officer from Jan. 1, 2024. He joins from a position as CFO at Pacific Basin Shipping in Hong Kong, which he has held for the past six years. Schulz has extensive experience as CFO of both listed ...
