News Briefs – Page 172
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News briefs
Rapala VMC completes buy-back of shares
Rapala VMC Corp. communicated on March 25 that its board had decided to start buying back a maximum of 100,000 of Rapala VMC’s own shares, with a maximum of €700,000. The buy-back of its own shares started on April 1st and ended on May 10. During this period, the Finnish ...
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News briefsStudy: Environmental impact of e-commerce relevantly smaller than offline shopping
In a new study, consulting and analyst firm Oliver Wyman has validated the impact of e-commerce both on the retail industry and the environment. The data is based on an analysis of official statistics, independent retailer surveys conducted in 2020 and a proprietary CO2 impact model (full study here). In ...
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News briefsDevold’s sheep farmer recognized for wool quality
For the second year in a row, Glenmore Station – one of Devold of Norway’s wool suppliers – was named Grand Champion in the prestigious “Fleece” competition at the Wanaka Agricultural Show held last month in New Zealand. Scoring 99 out of a possible 100 points for its “Merino Ram ...
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News briefs
New OR short film tells the story of finding community and inclusivity
Seattle-based outdoor company Outdoor Research (OR) continues the important conversation about creating a more inclusive space in the outdoor community with a new film, Escaladoradie. The short film tells the story of OR ambassador Monserrat Alvarez Matehuala, who is creating a space where women of color can come together as ...
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News briefsGerman banks launch unified digital payment service
Banks and savings institutes in Germany are driving forward the standardization of their online payment processes. Since May 5, the institutions will gradually offer customers and retailers a bundled payment service for all aspects of checking accounts. The five major banking associations that make up the Deutsche Kreditwirtschaft (DK) had ...
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News briefs
Ecco opens flagship store in Shanghai
Danish footwear brand Ecco opened a new flagship store in Shanghai in April. The company said that physical stores remain an important and attractive sales channel for Ecco’s customers, although online shopping has become an essential part of the “new normal.” Additionally, life in Shanghai right now is not hampered ...
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News briefsAdidas grows by almost 60% in the outdoor segment
Adidas’ sales of outdoor products increased by nearly 60 percent in the first quarter of 2021 thanks to the new Terrex collection for fast trail running. Running and training were up by about 20 percent and more than 30 percent, respectively. Excluding Reebok, which is up for sale, Adidas’ sales ...
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News briefsPolygiene Q1 sales soar 141%
Polygiene, a provider of antimicrobial technology, saw sales jump by 141.4 percent to 42.0 million Swedish kronor (€4.2m-$5.1m) in the first quarter, boosted by continued demand for its ViralOff antimicrobial treatment during the Covid-19 pandemic and the addition of Addmaster Holdings, a global supplier of antibacterial additives for hard surfaces ...
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News briefs
SRAM rewards shareholders after strong year
SRAM, the private maker of bicycle components, plans to issue a $1.1 billion term loan to finance a special distribution of $750 million to its shareholders, after a banner year in which its sales jumped to $974 million, thanks to the recent bike boom. The rest of the proceeds will ...
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News briefs
VF is splitting up Icebreaker, laying off up to 50
Four years after acquiring the New Zealander brand of merino-wool apparel, VF Corp. will be splitting Icebreaker into three entities, according to reports in the NZ Herald. Two of these entities will be operating out of the present headquarters, in the city of Ponsonby, and the other out of Switzerland. ...
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News briefs
UTMB partners with Ironman on new circuit of trail running events
The Ultra-Trail du Mont-Blanc (UTMB) Group has announced the launch of the UTMB World Series, a global, multilevel circuit of trail running races organized in partnership with the Ironman Group. Starting from 2022, the new UTMB World Series will replace the existing Ultra-Trail World Tour. The series is the new ...
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News briefs
Oakley introduces Kato sport performance sunglasses
Oakley is launching the new Kato series, a range of frameless performance sunglasses designed to deliver an expanded field of vision, enhanced impact protection and a customized fit. Kato eyewear was first spotted at La Vuelta in Spain in autumn 2020, worn by Oakley-sponsored athletes Chris Froome and Sam Bennett, ...
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News briefs
Salomon unveils details of its restructuring plan
Salomon’s management, led by CEO Jean-Marc Pambet, presented details of its restructuring plan to the company’s Social and Economic Committee (CSE) on May 3. The plan envisages cutting 82 jobs out of 738 at the company’s facility in Annecy, in France’s southeast. The cuts are mostly due to the closing ...
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News briefs
Scarpa renews its support to the Giro d’Italia, with an eye on sustainability
Scarpa will be an official supplier of the Giro d’Italia for the second consecutive year. The 2021 edition of the iconic bicycle race, organized for the first time in 1909, will start on Saturday, May 8 in Turin. Scarpa will provide the event’s staff with a limited edition of its ...
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News briefsDerby Cycle becomes Kalkhoff
The German bicycle manufacturer Derby Cycle, part of the Dutch Pon Bike Group (PBG; with brands Cervélo, Focus, Faraday, Juliana, Kalkhoff, Santa Cruz and others), will operate under the Kalkhoff brand name in the future. In addition, the historic Kalkhoff site in Cloppenburg will be completely remodeled. A new plant ...
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News briefs
Alpkit opens its first Scottish store
Alpkit has opened a new store in Edinburgh, not far from the iconic Arthur’s Seat volcano in Holyrood Park. It is the sixth store of the outdoor brand, based in Nottinghamshire, England, and its first in Scotland. In a statement published on its website, the company described its Scottish store ...
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News briefsU.K. trade shows Slide and OTS to join forces for winter 2022
The owners and organizers of Slide, the U.K. trade show for action sports and streetwear retailers, and the Outdoor Trade Show (OTS), the U.K.’s only large-scale outdoor sports and leisure trade show, have announced the creation of a combined winter show that will meet the needs of the snowsports industry ...
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News briefsEOG supports expansion of database for outdoor benchmark report
Pauline Shepherd, head of research and insights at the European Outdoor Group (EOG), and Richard Payne, from market research firm Sports Marketing Surveys (SMS), recently held a webinar on the current state of the European outdoor trade and the association’s plans for the evolving “Outdoor Benchmark Report” managed by SMS. ...
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News briefsArc’teryx partners with upcycling designer McLaughlin
Source: Arc’Teryx Nicole McLaughlin Vancouver-based outdoor brand Arc’teryx just announced a new collaboration with designer Nicole McLaughlin from New York. She is considered the star among upcycling artists and has more than 600,000 followers on Instagram. Having worked on upcycling projects for Puma, Crocs, Russell Athletic and ...
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News briefsEcco takes its waterless tanning process to the next level
A few years ago, Ecco introduced DriTan™, a new tanning process that leads to significant improvements in all relevant parameters such as water and energy, chemicals, wastewater and sludge. This innovation has already earned the Danish footwear brand the SOG Award Winter 2019/20 in the technology category. While the first ...
