News Briefs – Page 135
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News briefsNorda expands global distribution
Norda, a young running shoe brand from Québec, Canada, that last year launched the first seamless trail running shoe made from bio-based Dyneema fiber, announced that it has expanded its global distribution network with partners in key territories starting with the first quarter of 2022. For the Asian market, Norda ...
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News briefsEmployees take over U.S. cycling apparel brand Kitsbow
Kitsbow, a U.S. manufacturer of bicycle apparel and accessories, was purchased by its employees with the support of a group of North Carolina-based investors on Jan. 3 after ten years of private ownership. Effective immediately, employees will own a majority of the stock of Kitsbow Apparel, PBC, which is organized ...
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News briefsBlue Tomato expands cooperation with POW
Austrian boardsports and lifestyle retailer Blue Tomato is expanding its cooperation with the global environmental protection organization Protect Our Winters (POW), established around 15 years ago by U.S. pro snowboarder Jeremy Jones, and is now also the official merchandise partner of POW Europe. When POW products are purchased through the ...
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News briefsGoldwin opens flagship store in Beijing
With the opening of Goldwin Beijing on Dec. 27, 2021, the Japanese brand is consistently following a long-term global growth strategy. After Goldwin San Francisco (2019) and Goldwin Munich (2020), Goldwin Beijing is the third brand-owned flagship store outside Japan. Goldwin Beijing, placed in the heart of Chinese winter sports, ...
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News briefsDevold launches German-language website with online store
With the start of the new year, Devold of Norway strengthens its web presence in the German-speaking markets and launches an online store. The new website presents its brand strategy concerning the value chain with its own production facilities in Europe and the traceability of the raw materials used. The ...
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News briefsClarus with new CFO and COO
Clarus Corp., the Utah-based owner of the Black Diamond, Rhino-Rack, Maxtrax, Sierra and Barnes brands, has appointed a new CFO, Michael J. Yates. Yates has spent nearly 35 years in financial management positions. After working for PriceWaterhouseCoopers and KPMG, he served in various roles at IDEX Corporation, a diversified engineered ...
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News briefsYeti to establish European subsidiary
Yeti Coolers, a wholly owned subsidiary of publicly traded Yeti Holdings headquartered in Austin, Texas, has announced that it is currently planning to move into its first European office in Amsterdam, the Netherlands, as part of a gradual internationalization effort. Yeti is currently already present in 20 European countries, having ...
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News briefsMagura’s parent acquires Leomável Moldes
Effective Jan. 1, 2022, the German holding company Magenwirth Technologies Group is taking over 100 percent of Portugal’s Leomável Moldes, Lda. With the acquisition of the long-standing partner, the parent company of two-wheel brake specialist Magura is expanding its plastics technology capacities. The company did not disclose any details of ...
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News briefsOberalp Group acquires manufacturer of raw material for ski touring skins
The Oberalp Group has announced the acquisition of Velotex GmbH & Co. KG from Pongs Velours GmbH & Co. KG. Velotex specializes in the production of mohair velvet as an essential product for ski touring skins. The acquisition is scheduled for Jan. 1, 2022. With the acquisition, Oberalp secures an ...
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News briefsArc’teryx launches first winter edition of its academies in Europe
Canadian brand Arc’teryx is implementing its Arc’teryx Academy concept (first and foremost known from its yearly summer Alpine Academy event in Chamonix that was the first of the event series) to a winter edition in Europe for the first time. From Feb. 18 to 20, the “Arc’teryx Academy: freeride” premiere ...
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News briefsBlue Tomato offers online board rental in Austria, Germany and Netherlands
Austrian board sports retailer Blue Tomato has implemented a new board rental system both online and in brick-and-mortar stores in Austria, Germany and the Netherlands called “Rent Your Ride.” To date, 14 stores are associated and offer on-site education, rental, and board maintenance services. The boards and bindings for ...
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News briefsDT Swiss takes over brake specialist Trickstuff
Effective Jan. 1, 2022, Swiss bicycle components manufacturer DT Swiss AG will fully acquire German bicycle brake specialist Trickstuff GmbH. No details were provided on the sale price. Trickstuff has made a name for itself primarily with high-end performance products - particularly disc brakes. The driving force is owner and ...
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News briefsHorizon Worlds social VR platform goes live
Social VR platform Horizon Worlds by Meta (formerly Facebook) was launched last week for people in the U.S. and Canada ages 18 and older. The platform is Meta’s first attempt at releasing something resembling CEO Mark Zuckerberg’s vision of the “Metaverse.” Originally just called Horizon, you need a Facebook account ...
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News briefsNewly founded Sustainable Leather Foundation sees influx of members
During the last few weeks, the Sustainable Leather Foundation (SLF) – launched earlier this year – has announced several new members to join the non-profit organization’s network. New collaborations include the testing, inspection and certification company SGS, a new SLF partner helping to develop a certification process for sustainable leather ...
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News briefsRed Bull's AlphaTauri opens Vienna flagship store
The lifestyle and sports brand AlphaTauri from the Red Bull brand group has opened a flagship store in a prime location in downtown Vienna. The shopping street Graben, where the two-story AlphaTauri shop is found in a former Nespresso location, even has its own website and is around the corner ...
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News briefsNew CEO at Hövding
Sofia Svensson has been appointed the new CEO of Swedish company Hövding, maker of an airbag collar for cyclists. After more than ten years as CEO, Fredrik Carling will leave his position, and Svensson will take over in the first half of 2022. Source: Hövding Sofia Svensson ...
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News briefsItalian brand OneMore premiers AppleSkin vegan leather for ski apparel
Source: OneMore OneMore AppleSkin outfit OneMore, an Italian ski apparel brand based in Egna near Bolzano, has launched a line of AppleSkin ski apparel for winter 2021, making it apparently the first ski brand to use the leather alternative made from apple pomace. To create the fabric, ...
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News briefsMIPS moves up to Nasdaq Stockholm’s Large Cap segment
Following Nasdaq’s annual review of the market capitalization of listed companies, Mips AB, which scores with its innovative helmet technology BPS (stands for “Brain Protection System”), is moving up from the Mid Cap to the Large Cap segment of Nasdaq Stockholm. The move will be effective January 3, 2022. “I ...
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News briefsDevold of Norway GmbH grows team, moves to new office
Herbert Horelt, managing director of Devold of Norway GmbH, since 2017 distributor and the representative of the Norwegian brand in Central Europe, has expanded his team based in southern Germany and moved into new premises in early November, which offers more space and features a spacious new showroom. ...
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News briefsDiekmann resigns CEO post, joins Rose Bikes advisory board
In November, in addition to his role as managing partner of DTC bicycle manufacturer and retailer Rose Bikes, it was announced that Marcus Diekmann would also assume the position of second managing director at International Brands Company KG (IBC) starting in 2022. Now Rose Bikes announced that Diekmann will join ...
