News Briefs – Page 148
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News briefsVaude’s Antje von Dewitz receives German role model award
Antje von Dewitz, CEO of the German outdoor brand Vaude, has received the Role Model Award 2021 from the Startup Teens education platform in the “Family Entrepreneur” category. The jury and the audience honored her commitment to a sustainable and value-driven company, which includes a long-term program for inclusion and ...
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News briefsVF Foundation announces $5.5 million in community investments
The VF Foundation, the private grantmaking organization funded by VF Corp, announced that it has donated $5.5 million to 60 organizations worldwide this year. Grant recipients were selected based on their innovative contributions to creating a more equitable and sustainable future. Of the total $5.5 million awarded, nearly $3 million ...
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News briefsPropain Bicycles goes America
German niche D2C brand Propain Bicycles (custom handcrafted mountain bikes) is using the 2021 Sea Otter Classic U.S. bicycle festival in Monterey, California, which has been moved from its traditional May date to Oct. 7-10, to introduce itself along with its newly formed subsidiary Propain Bicycles USA. With this move, ...
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News briefsOutDoor by ISPO congress to be integrated into ISPO Munich 2022
As reported yesterday, EOG and Messe München have canceled OutDoor by ISPO: Global Summit Edition at short notice. We had the opportunity to speak with community manager outdoor Lena Haushofer today, who told us that the congress, originally scheduled for Oct. 5-7, will be integrated and held in the ISPO ...
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News briefsNew paddle trade show in Lyon
With the Covid-related postponement of the first Paddledays canoe show in Kassel, Germany, by one year to September 2022, a new player in the European paddling industry has stepped forward: The Paddle Sports Show in Lyon, France, now wants to replace PaddleExpo in Nuremberg, Germany, which was held for the ...
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News briefs
Utah governor Spencer Cox joins in OR location scramble
In a video statement addressing the outdoor industry, Utah governor Spencer Cox is pledging for the return of the Outdoor Retailer trade shows to Salt Lake City from Denver, Colorado. Mentioning both the newly built international airport, hotel infrastructure and the government’s effort to protect not only the Bears Ears ...
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News briefsCanada Goose to start selling footwear in November
Source: Canada Goose Canada Goose journey boot Toronto-based brand Canada Goose announced the market launch of its first footwear line for November 2021, starting with luxury-priced snow and hiking boots ($750 and $1,295 SRP). The addition to the portfolio is part of the Canadian brand’s “beyond the ...
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News briefs
Departure of BH Bikes Market Manager Germany leads to restructuring
After eight years with Basque bicycle manufacturer Bicicletas De Alava, S.A. - better known as BH Bikes - Steffen Krill is leaving the company. As market manager Germany and Austria, he built the brand in these markets practically from scratch. Under his aegis, the German subsidiary BH Bikes Deutschland GmbH ...
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News briefs
Amer plans to upgrade its distribution center in Utah
Amer Sports is reportedly offering to invest $30 million to upgrade its U.S. operations in Ogden, Utah, creating between 100 and 155 new jobs over ten years, in exchange for various local and state tax incentives worth a total of $4.08 million. The investments would include a budget of $2.46 ...
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News briefsCake closes $60 million fundraising for future growth
Stockholm, Sweden-based SOG member Cake reported that its latest financing round of $60 million – $14 million in convertible bonds and $46 million in financing – exceeded expectations. The round was anchored by Swedish pension fund AMF, investing alongside a handful of new investors and with support from current shareholders ...
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News briefsGFK sees U.K. consumer confidence weakening in September
In its latest U.K. Consumer Confidence Survey conducted amongst a sample of 2,000 individuals aged 16+, GfK market researchers see significant anxiety about the possible cost of living in the U.K. that leads to a hesitant buying climate and lower expectations for the future. All scores went down, with the ...
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News briefsThe Microfibre Consortium launches 2030 roadmap
Following its microfiber data portal launch and the aligned test methods worked out together with partnering universities and scientific institutions, The Microfibre Consortium has now revealed its Microfibre 2030 commitment and roadmap. The commitment worked out by the consortium (partnering with the EOG and the University of Leeds) is outlining ...
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News briefsVittoria Group doubles LTT production capacity with $20 million investment
With an investment of $20 million, Italian bicycle tire manufacturer Vittoria S.p.A. plans to double the production capacity of its manufacturer Lion Tyres (Thailand) Co. (LTT). The new factory will not only increase capacity, but also create “the world’s first carbon-neutral production facility for bicycle tires,” according to the company. ...
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News briefs
Welsh women’s outdoor brand ACAI expands internationally
Welsh women’s outdoor brand ACAI is on track to double its sales to £6 million (€7.0m-$8.2m) and export to international markets with the help of a £500,000 (€585,000-$686,000) loan from the Development Bank of Wales, reports wales247.co.uk. The brand was founded in 2017 by Joe and Kasia Bromley and offers ...
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News briefsNew Vaude franchise store in Waldshut am Rhein
German retail company May oHG has added a new Vaude franchise store to its existing retail spaces in Waldshut, Laufenburg and Bad Säckingen, which have a total of 9,500 square meters. May is a medium-sized German company with 200 employees and a regional specialty retailer for fashion and sporting goods. ...
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News briefsSchöffel sets up new business units and top management structure
German sports apparel company Schöffel is dividing its business into two segments – Schöffel Sport for its operations in the outdoor, ski and bike sectors; and Schöffel Professional for the development of clothing for corporate and institutional clients. Alongside the new company structure, the top management is expanded with Stefan ...
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News briefsDTC e-bike brand Cowboy heads to the U.S.
DTC e-bike brand Cowboy announced on Sept. 23 at the Micromobility America Conference in San Francisco that it is expanding its business to the U.S. At the same time, the Belgian brand is expanding in Europe: the addition of Sweden and Denmark brings the number of served country markets to ...
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News briefsWFSGI members elect two cycling executives to board of directors
In a postal vote among its members, the World Federation of the Sporting Goods Industry (WFSGI) has elected three new board members. The results of the written ballot were officially announced at the virtual WFSGI board meeting on Sept. 21. Elected as industry representatives were: Ton Anbeek (CEO of Accell ...
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News briefsBergans releases second edition of futurelabs.anorak from Collection of Tomorrow
Bergans has released a new edition of the Bergans.futurelabs.anorak, which sold out almost immediately after its first launch in February. The new 05.D anorak features a new fabric by Spinnova, Bergans and Halley Stevenson and the bright new color “Wake up Orange.” For all who buy the new anorak, ...
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News briefsPatagonia supports global climate strike on Sept. 24
This Friday, Sept. 24, youth activists and engaged citizens worldwide will strike to demand climate justice. Patagonia supports the protest to put pressure on world leaders and ensure attention is paid to the people who are already experiencing the worst effects of the climate crisis firsthand. Source: Patagonia ...
