News Briefs – Page 192
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News briefs
Bianchi with new French division
Bianchi, the Italian bike company owned by Cycleurope since 1997, is setting up a new “France division” headed up by Christoph Soenen, a French manager who worked previously for Royal Velo France, Mavic, Campagnolo and Ekoï. The brand was previously distributed by the French subsidiary of Cycleurope along with Peugeot ...
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News briefsGore Fabrics releases sustainability update
W. L. Gore & Associates has published its “2020 Responsibility Update for the Fabrics Division”. The update shares details about how the division intends to leverage the newly introduced sustainability framework by using the three pillars of sound science, transparency and cooperation. It also shares the main milestones from 2020, ...
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News briefsReebok teams up with Story Mfg. on outdoors-inspired vegan footwear
Source: Reebok Reebok is collaborating with Story Mfg., the U.K.- based apparel brand, to reinvent the Reebok Club C sneaker and Beatnik sandal. The collaboration marks the first sneaker launch for Story. Unveiling the collaboration, Story co-founder Saeed Al-Rubeyi defined the project as being focused on the ...
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News briefs
Scarpa is a new sponsor of Torx
Scarpa is a new (gold) sponsor of Torx, the trail running event series in Italy’s Aosta Valley. The new partnership is part of Scarpa’s plan to strengthen its involvement in the trail running segment, the company said. Scarpa hired Marco De Gasperi as category manager for trail running in April ...
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News briefs
Pierangelo Zanetta, former Shimano executive and EFFTA president, has died
Pierangelo Zanetta, the former managing director of Shimano Europe Fishing Holdings, has died after a long illness. Zanetta was an important figure in the global fishing tackle industry. In 2007, while working at Shimano, he joined the board of the European Fishing Tackle Trade Association (EFTTA). He was elected president ...
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News briefsColoreel raises nearly €10 million from Robur Ny Teknik
Source: Coloreel Coloreel unit Coloreel has raised SEK100 million (€9.8 million) from Robur Ny Teknik, a Swedish institutional investor in technology companies. The funding will support Coloreel’s future growth and market expansion. Coloreel has developed a patented technology for the digital dyeing of textile thread. The pioneering ...
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News briefs
Dorel raises purchase price to go private
Cerberus Capital Management has agreed to pay 10.3 percent more than previously planned to acquire control of Dorel Industries – whose assets include major bicycle brands such as Cannondale, Schwinn, GT, Mongoose, Caloi and IronHorse – following exchanges and discussion with shareholders holding more than 50 percent of the group’s ...
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News briefs
AKU’s founder has passed away
Galliano Bordin, the founder of AKU, has passed away after a long illness. He was 85 years old. The son of shoemakers, Bordin founded the Italian brand of trekking and outdoor footwear in 1955. The company was initially called Dinsport, but the new AKU brand replaced that name and associated ...
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News briefsSympatex with new CI; activating against pessimism, resignation and procrastination
German functional specialist Sympatex Technologies has unveiled a revamped corporate identity with a reduced logo, new brand claim and bold colors. At the same time, the Munich-based ingredient brand is addressing both the industry and the end consumer, calling for voluntary action for a consistently more sustainable textile industry. It ...
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News briefsSyring to leave Thule, Dittmer takes over Central European sales
Thule Group announced on Jan. 29 that company veteran Wolfram Dittmer will assume sales responsibility for Central Europe as a result of the resignation of Thomas Syring, who led the Swedish brand’s Central European sales for the past four years. In total, Syring had been with the company for nearly ...
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News briefs
Terra Nova establishes Dutch subsidiary to avoid Brexit costs and disruption
U.K.-based outdoor gear designer Terra Nova said it is moving its export business to The Netherlands to avoid crippling Brexit-related costs and trade friction. The new entity, Terra Nova Equipment Europe B.V., will be located in Amsterdam and deal with all European business as well as a majority of trade ...
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News briefs
Rapala acquires Okuma brand and associated property rights in Europe and Russia
Rapala VMC and Okuma Fishing Tackle have agreed that Okuma will transfer to Rapala its European and Russian trademarks and associated intangible assets against consideration of $8 million. The two companies have also agreed to conclude a supply agreement for the area. Okuma will become the flagship brand in Rapala’s ...
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News briefs
Hyosung adds multi-functional fibers to recycled regen range
Hyosung has expanded its regen offering to include 100 percent recycled multi-functional fibers, for sustainable clothing that can cross the boundaries between home wear, activewear and outdoor wear. The company will present many of its new sustainable multi-functional regen fibers at ISPO Munich Online on Feb. 1-5. In addition to ...
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News briefs
Didriksons pop-up in Paris
As reported by Sportfack, Didriksons is opening a temporary showroom in the Le Marais district of Paris at 12 Rue Notre-Dame de Nazareth. Didriksons’ offering has been available to French customers for a little over a year, but only through e-commerce at didriksons.com. The brand, founded in 1913 in Grundsund ...
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News briefs
Moody’s upgrades Vista Outdoor once more
A fast-growing ammunition market in the U.S. due to the anxiety caused by the coronavirus pandemic and the trend toward outdoor activities is leading to better financial prospects for Vista Outdoor, which is also the owner of “quieter” international brands like Camelbak, Bell and Giro. As a result, Moody’s is ...
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News briefs
Taiwan Textile product launches at ISPO Munich Online on Feb. 1 and 4
To assist Taiwan’s textile industry in its efforts on expanding the global market, the Taiwan Textile Federation (TTF), with the support of the Bureau of Foreign Trade, has organized a two-day live-streaming event at ISPO Munich Online to ”show the global textile industry how textile firms from Taiwan can help ...
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News briefsArgon 18 to open European headquarters
After Copenhagen-based investor Henrik Lyngbye Pedersen and his company, Bregnerød Investeringsselskab Aps, increased their stake in Canadian road cycling and triathlon outfitter Argon 18 to a strategic (albeit undisclosed) majority stake in early 2019, ties to Denmark have now been further strengthened: On Jan. 26, the Montréal, Québec-based premium bike ...
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News briefs
Allied introduces quick-drying down insulation
Allied Feather + Down from California has announced its new Expedry quick-drying down, featuring Fuze, a chemical-free technology by New Hampshire-based company Fuze Biotech that can be applied to any surface or textile to protect against odor-causing bacteria, mold and infectious diseases. Expedry uses non-ionic, permanently bonded gold nanoparticles in ...
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News briefs
Bait-Tech ensures uninterrupted distribution in the EU after Brexit
Bait-Tech, part of the Donald Cooke Group, has signed a licensing agreement with Pro Line Carp Products, a manufacturer in the Netherlands, to ensure an uninterrupted supply of its products throughout the EU in the post-Brexit times. Bait-Tech, a family-run business founded by Peter Clapperton, is a major U.K.-based exporter ...
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News briefs
U.K. to have a national circular economy research hub
The University of Exeter is launching the National Interdisciplinary Circular Economy Hub, a research hub to coordinate national efforts to create a sustainable, circular economy. The hub is supported by £3.5 million (€3.9 million) from UK Research and Innovation (UKRI). The new National Interdisciplinary Circular Economy Hub will be led ...
