News Briefs – Page 149
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News briefsNew Secretary General for SOG
After seven years of driving the development of the Scandinavian Outdoor Group (SOG), Sara Wänseth will give up her position as secretary general and hand over to David Nordblad. Nordblad has extensive knowledge of the outdoor industry. He has gained his experience primarily in sales at various levels, both on ...
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News briefs
IIC hires a Salomon executive as GM for mountain sports
Intersport International Corp. (IIC) has officially announced the appointment of Denis Levet, who has worked for Salomon since 2004, as the retail organization’s new general manager of mountain sports. The 44-year-old French native, who started his career at Decathlon 18 years ago, will replace Matthias Klopfenstein in the role next ...
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News briefsStrong growth for Haglöfs
Swedish outdoor brand Haglöfs reported a 26 percent sales increase during the first half of 2021 compared to the same period last year. The strong performance is related to well-received product lines and overall higher demand for high-quality outdoor equipment, according to CEO Fredrik Ohlsson. “We had a very strong ...
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News briefsCanyon Bicycles CEO to leave the company
Source: Canyon Taking over as CEO on an interim basis on October 1: CFO Winfried Rapp Canyon Bicycles CEO Armin Landgraf has decided to leave the D2C bicycle supplier for personal reasons at the end of September. He agrees to continue to assist the company as an ...
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News briefsMondraker with new headquarter in Spain
Spanish premium bicycle supplier Mondraker has moved into its new headquarters in Elche, 30 kilometers southwest of Alicante. The new building combines everything under one roof - all departments, offices and also production are located close to each other. According to the company, this creates synergies and increases efficiency. However, ...
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News briefsUSWE finalizes acquisition of VOID Cycling
USWE, the Swedish specialist for backpacks for two-wheeling, running and winter sports enthusiasts, has completed the acquisition of VOID Cycling that was previously announced in July. The company will be fully integrated into USWE Sports AB. Since signing the purchase agreement in July, USWE and the former owner, Tenson BV, ...
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News briefsFazua acquires Innotorq
German e-bike drivetrain manufacturer Fazua has acquired Innotorq, an inventor of a unique and patented integrated torque sensor technology for hub motors. No details of the sale price were disclosed. Fazua is taking over all business operations and will seamlessly transfer Innotorq technology and components to customers. The acquisition is ...
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News briefsLenzing expands Tencel-branded fibers to new Refibra upcycling technology
Celebrating the first anniversary of the launch of carbon-zero Tencel™ branded fibers, Austrian Lenzing Group announced the expansion of carbon-zero Tencel branded fibers to Refibra™ technology to address the growing industry demand around circular fashion and carbon neutrality. The first carbon-zero Tencel branded Lyocell and Modal fibers, which launched last ...
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News briefsDeuter introduces head of sales
German backpack and sleeping bag manufacturer Deuter has only now officially announced that Gerrit Pfurr was promoted to general sales manager for all sales areas in July 2020. Pfurr’s core task is the sustainable realignment of the Deuter sales organization. The goal is to continue to grow internationally while preserving ...
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News briefsPatagonia and Natural Fiber Welding reaffirm commitment to sustainable materials
Natural Fiber Welding (NFW), a U.S.-based company that develops technologies based on the sustainable use of plants and natural fibers to create durable textiles, and Patagonia announced their collaboration and shared commitment to developing and disseminating circular solutions in textiles. The partners said that with Patagonia’s support, NFW would continue ...
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News briefsEgo Movement signs strategic partnership with TVS Motor Company
As part of an agreed strategic partnership, Indian two- and three-wheeler manufacturer TVS Motor Company has acquired a (unspecified) majority stake in e-bike provider Ego Movement. The partnership was signed on Sept. 16. Ego Movement is an (e-)brand of Zurich-based Swiss Go AG. For TVS, the deal is the second ...
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News briefsBerghaus launches major tree planting commitment
Berghaus has committed to planting two million trees each year through The Good Wood Project. The newly launched initiative is part of the company’s overall goal to achieve net-zero emissions by 2030, in a sustainable and multi-faceted effort to reduce and offset the environmental impact of its business activities. The ...
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News briefsKeen launches bonus program for social commitment
Keen has launched the “Keen Corps” program, a bonus program for voluntary work, donations to non-profit organizations and purchases. With the loyalty program, the company aims to reward those who give back to the community. Registered customers can earn points in exchange for access to exclusive products and events. Individual ...
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News briefs
New investor for Finnish FootBalance
FootBalance, a Finnish manufacturer of custom insoles, has entered into a partnership with a new investor, London-based IPGL Limited. IPGL has acquired Scope Growth II L.P.’s shares in the company. “FootBalance has during our ownership evolved from a local provider of insoles to become a global category leader in foot ...
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News briefsRab and Kendal Mountain Festival announce “The Mountain People Film Grant”
Rab (owned by Equip Outdoor Technologies Ltd.) will be awarding “The Mountain People Film Grant” at this year’s Kendal Mountain Festival, which will run from Nov. 18 to 21. Equip brands Rab and Lowe Alpine have been long-standing partners of the festival, and the grant is part of their support ...
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News briefsChange of management at Mammut Sports Group
Source: Conzzeta Oliver Pabst Following the successful completion of the change of ownership from Conzzeta to Telemos Capital, the board of directors of Mammut Sports Group and CEO Oliver Pabst have jointly decided to initiate the company’s next phase under new leadership. Pabst will step down as ...
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News briefsDometic acquires U.S. cooler manufacturer Igloo
Swedish company Dometic has reached an agreement to acquire Igloo, the U.S.-based manufacturer of passive coolers and drinking vessels. The acquisition is an important step in Dometic’s strategy to grow further in the outdoor industry and creates a strong base for further global growth, the company said. It will also ...
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News briefsASF 4.0 shoe factory starts production in France
One year after laying the foundation stone and despite the pandemic, the Advanced Shoe Factory 4.0 (ASF 4.0) in Ardoix, in the heart of the Auvergne-Rhône-Alpes region of France, started up its automated production facility for sports footwear on Sept. 16. ASF 4.0 is a subsidiary of textile specialist Chamatex ...
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News briefs
Canada Goose launches automatic share repurchase scheme
Canada Goose has entered an “automatic share repurchase plan,” allowing for the purchase of shares by a broker at times when it would not be permitted to acquire them, based on certain parameters. The Toronto Stock Exchange has cleared this scheme, allowing it to start on Sept. 16 in connection ...
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News briefs
Columbia prepares to launch Omni Heat Infinity campaign
“There is no such thing as bad weather. There is just bad clothing,” says Haskell Beckham, senior director of innovation at Columbia Sportswear, in a short video for industry professionals to explain the superior warmth retention and breathability properties of its latest technology, Omni Heat Infinity. It has already been ...
