News Briefs – Page 187
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News briefsKuehne + Nagel buys Chinese freight company
The Swiss logistics group Kuehne + Nagel has entered into a binding agreement to acquire the Chinese freight forwarder Apex International Corporation. According to the German Handelsblatt, experts value the transaction between US$1.5 billion (about €1.2 billion) and US$2 billion (€1.6 billion). This is the largest acquisition in the history ...
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News briefsCycling airbag brand Hövding records growth in 2020 despite pandemic
Source: Lina Arvidsson Fredrik Carling, CEO Swedish company Hövding, maker of an airbag collar for cyclists, reported that the number of units sold in 2020 increased by 35 percent and sales also increased by 35 percent compared to 2019. In the company’s year-end report, Hövding’s CEO Fredrik ...
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News briefs
Rather Outdoors buys Zebco Brands
Rather Outdoors has announced that it has acquired Zebco Brands, a manufacturer of fishing rods, reels and accessories, based in Tulsa, Oklahoma. Through this acquisition, Rather expects to take full advantage of the growing interest in fishing, particularly in the segments of youth anglers and new anglers, where Zebco is ...
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News briefs
Bluesign releases updated version of its Product Stewardship Guideline
Bluesign has released Version 3.0 of its Product Stewardship Guideline, exclusively available to Bluesign System Parners. The Guideline, which complements the Bluesign Criteria for chemical suppliers, is a practical guide for chemical companies that are willing to implement state-of-the-art procedures and improve their product safety. Bluesign has been supporting the ...
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News briefsThe Sustainable Apparel Coalition reviews its first decade and sets new strategy for the future
The Sustainable Apparel Coalition (SAC) has released a comprehensive report in which the organization illustrates the progress in its first decade of activity, culminating in the completion of the Higg Index, and illustrates its strategy for the years to come. The SAC, headquartered in Oakland, California, is an industry-wide group ...
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News briefs
Dragon launches eyewear for anglers
Dragon Eyewear is introducing a collection of sunglasses designed for the anglers out there. The XP Fishing Collection – itself part of the XP Cross-Performance line – comprises four models and seven lens tints for deep-sea, in-shore, sunrise, or sunset fishing. The frames are made of an injection-molded thermoplastic that ...
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News briefs
Moody’s responds positively to Vista’s $500m debt offering
Moody’s has upgraded the rating of Vista Outdoor’s new senior unsecured notes from B2 to B3 after the company expanded their offering from $350 million to $500 million in response to strong demand from the financial community. The new notes will bear an interest of 4.500 percent and mature in ...
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News briefsVF Corp. allocates first green bond proceeds
VF Corp., the mother company of The North Face, Timberland and other brands, has released its Green Bond Impact Report, in which it shows that the net proceeds of around €493 million from its inaugural green bond have been fully allocated. The money has been allocated to 13 of VF’s ...
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News briefsU.S. open-air outdoor trade show to debut in August in Park City
The first edition of The Big Gear Show (BGS), the first open-air outdoor trade show in the U.S., will be held in the mountain resort town of Park City, Utah, with the support of the Utah state government. The organizers of this new show, which is a year late because ...
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News briefsOsprey launches new generation of Talon and Tempest with AGAIN campaign
U.S. backpack specialist Osprey has released an open letter to the outdoor community and its retail partners to signal hope on the horizon after the tough year of 2020. With the message explore AGAIN™, the letter highlights the importance of the outdoors to physical and mental well-being. Together with Osprey ...
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News briefs
Arva appoints Canadian distributor
Arva, the French family-owned manufacturer of backcountry gear, announced that starting winter 2021-22, Lanctôt, a Montréal, Québec-based family-owned distributor of sports equipment for more than 65 years, will handle distribution in Canada. For next-day shipping of all Arva products for retailers in the Rocky Mountains, Lanctôt operates a warehouse in ...
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News briefsOrtlieb strengthens its management team
Ortlieb, the brand known for its waterproof bike and outdoor equipment made in Germany, has expanded its management team. Managing directors Hartmut Ortlieb and Jürgen Siegwarth were joined by former sales manager Martin Esslinger on Feb. 1. Esslinger has been with the company since 2016 and has gradually taken on ...
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News briefs
Schöffel Foundation plants 30,000 trees
Peter Schöffel, CEO Schöffel The reduction of the VAT in Germany in the second half of 2020 was intended to support the economy during the Covid-19 pandemic. But it also made possible a sustainability project by the Schöffel Foundation, which was established in 2011 to promote and ...
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News briefs
Tretorn’s parent company acquires Swedish outdoor retailer
Tretorn brand owner Thevea Brand Group has acquired Swedish outdoor retailer Friluftsvaror. For more than 50 years, Friluftsvaror has developed, produced and sold tents, backpacks, sleeping bags and other outdoor equipment. Through its online store, the retailer, which also operates a physical store in Malmö, sells its own Fjällmark brand ...
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News briefs
Pelican Products hires VP of worldwide supply chain
On Feb. 1, Jeffrey Goldberg assumed his position as vice president of worldwide supply chain at U.S. protective case manufacturer Pelican Products. In this new position, Goldberg is responsible for supply chain policies, strategies and practices that help achieve Pelican’s global manufacturing goals. His focus is on supplier quality monitoring/management ...
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News briefsFree EOG Outdoor Retail Benchmark Report webinar on Feb. 25
The European Outdoor Group (EOG) will host a free webinar on Zoom revealing further details about the Outdoor Retail Benchmark Report on Thursday, Feb. 25 (10:00 CET, 09:00 GMT). The event will provide an overview of the following: Introduction of the report and what it measures Data collection and ...
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News briefs
Cascade Designs with two new additions to its product development team
The product development team of Seattle-based Cascade Designs, owner of the Therm-a-Rest, Mountain Safety Research (MSR), Platypus, SealLine and PackTowl brands, has gained two new members with Kalon Pilmanis and Jeff Moberg. Kalon Pilmanis Pilmanis joins the company as senior director of product. He has more than ...
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News briefs
VF appoints new global president for Icebreaker
Jan Van Mossevelde is VF Corp’s new global president for the Icebreaker brand. Succeeding Greg Smith, who has resigned, Van Mossevelde will be working out of the brand’s international head office in Auckland, New Zealand, while reporting to Martino Scabbia Guerrini, president of the EMEA region. The new position is ...
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News briefs
Gore Wear focuses more on cycling; streamlines wholesale business
Gore Wear, the W.L. Gore & Associates apparel label previously known for its functional apparel for cycling, running and cross-country skiing, has unveiled a new wholesale approach and a more focused product portfolio. In a press release for the North American market, the brand announced that it will refocus its ...
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News briefsPOC launches first bike helmet with independent, self-powered light source
More than a year after Swedish companies POC and Exeger unveiled a technology and idea to develop, design and manufacture a helmet with self-powered lighting at the Rouleur Classic in London, POC has now unveiled the Omne Eternal bicycle helmet. Designed to increase cyclist safety on the road, the Omne ...
