News Briefs – Page 25
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News briefsCFIUS accepts re-filed notification of Vista's proposed sale of Kinetic Group
Vista Outdoor Inc. and Czechoslovak Group a.s. (CSG) announced on March 28 that they have voluntarily withdrawn and resubmitted their joint voluntary notification to CFIUS, the United States’ foreign investment review agency, to give CFIUS more time to review CSG’s proposed acquisition of Vista Outdoor’s The Kinetic Group business. With ...
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News briefsChanges in Rapala’s global management team
Rapala VMC Corp. announced that Stanislas de Castelnau, Executive Vice President, Head of Operations is retiring at the end of March 2024 after 23 years with the Finnish fishing tackle manufacturer. He started his career back in 2001 as General Manager of Rapala VMC’s French hook factory (VMC Peche SA) ...
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News briefsFahrrad.de founder takes over key assets of insolvent Internetstores
In mid-January, insolvency administrator Dr. Christian Gerloff informed the creditors that several interested parties had made binding offers to take over the insolvent bicycle and outdoor e-commerce retailer Internetstores GmbH – not for the entire group but for individual assets. The core sales platforms Fahrrad.de and Bikester, as well as ...
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News briefsKeen and Namuk collaborate on kids’ sandals
Oregon-based footwear brand Keen announced its collaboration on the limited edition Seacamp sandal with Swiss sustainable outdoor apparel brand Namuk. This latest limited-edition collaboration is in line with Keen’s commitment to promoting access to nature and inspiring the next generation of conservationists. 1 percent of each sale will go to ...
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News briefsCanada Goose to reduce workforce
Canada Goose will cut approximately 17 percent of its staff, or 900 jobs, as part of its ongoing transformation program aimed at reducing costs while achieving the company’s strategic goals. As part of the reorganization, Carrie Baker, currently President of Brand and Commercial, will assume responsibility for Design, while Beth ...
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News briefsVittoria tire technology in trail running shoes from Craft Sportswear
Swedish brand Craft Sportswear and Italian bicycle tire firm Vittoria have teamed up to create the Craft Xplor, a running shoe that utilizes Vittoria gravel cycling technology. The Craft Xplor, inspired by the versatility of gravel bikes, is meant to provide the same hybrid capabilities, feeling like a road shoe ...
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News briefsVista Outdoor confirms receipt of renewed offer from MNC Capital
Vista Outdoor Inc. confirmed on March 25 that it received a revised unsolicited expression of interest from Montréal-based MNC Capital expressing MNC’s interest in acquiring Vista Outdoor in an all-cash transaction at a price of $37.50 per share. On March 4, 2024, Vista Outdoor’s board of directors rejected an unsolicited ...
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News briefsNew CEO for Klean Kanteen
Think Better Group, in partnership with co-owners Michelle Kalberer and Jeff Creswell, has announced Gordon Smith as Klean Kanteen’s new CEO. Smith has been an integral member of the Klean Kanteen team, most recently as CFO/Head of Finance, and brings a wealth of knowledge of Klean Kanteen’s global operations. Before ...
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News briefsOdlo ReWear successfully established
As part of Odlo’s ReWear program, used garments can be returned to selected Odlo stores in Germany, Austria, and Switzerland to give them a new life. The program is based on taking back, repairing, and reselling used clothing and is a further effort by Odlo to reduce the sports industry’s ...
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News briefsGlobetrotter back with its open-air test festivals
The German outdoor retail chain Globetrotter is kicking off the new summer season with its open-air “Freiluft” test festivals from mid-April. The series begins in Frankfurt am Main on April 13 and 14, followed by test festivals in Cologne, Munich, Berlin, Hamburg, Dresden and Stuttgart. With around 40,000 visitors at ...
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News briefsLenzing wants to make textile glacier covers more eco-friendly
Austrian Lenzing Group has presented an innovative concept that aims to contribute to the sustainable protection of our glaciers and, at the same time, stimulate a circular economy in the value chain of nonwovens and textiles. Geotextiles are used to protect ice and snow from melting due to global warming. ...
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News briefs66° North appoints Strategy and Business Development Director
Source: 66° North Josefine Laigaard 66° North, the Iceland-based sustainable outerwear brand, has announced the appointment of Josefine Laigaard as Strategy and Business Development Director. She will work in the brand’s new satellite head office in Copenhagen and “will play an integral role” in the company’s expansion ...
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News briefsCanyon extends deal with van der Poel until 2034
Canyon Bicycles has announced a ten-year agreement with World Road Cycling Champion Mathieu Van der Poel, the “longest-known contract in modern-day cycling,” said the brand. Canyon’s partnership with the 29-year-old Dutch rider started in late 2017 and will now run until the end of 2034. Van der Poel rides a ...
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News briefsThe figures of the first edition of Vietnam’s new textile trade show
The inaugural edition of the Vietnam International Trade Fair for Apparel, Textiles, and Textile Technologies (VIATT) attracted 409 exhibitors from 17 countries and welcomed 17,262 visitors from 55 countries. The event, which took place in Ho Chi Minh from Feb. 28 to March 1, was organized by Messe Frankfurt and ...
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News briefsEU announces “Textiles of the Future” partnership
Source: European Commission The European Commission has announced nine new European co-funded and co-programmed partnerships, including “Textiles of the Future,” as part of the Horizon Europe Strategic Plan 2025-2027. Textiles have, therefore, been included among the priorities of the EU’s Horizon Europe innovation funding program for the ...
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News briefsRecco enters into strategic partnership with Alpine Club of Canada
Recco has entered into a strategic partnership with the Alpine Club of Canada (ACC). The partnership will enhance the safety of the ACC volunteer network, educate the ACC community at large about backcountry safety and findability, and contribute to Recco’s mission of enabling findability for all backcountry users. Headquartered in ...
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News briefsSport 2000 planting trees
Around 50 employees and partners of Germany-based Sport 2000 GmbH and the Klimahelden Aschaffenburg e.V. initiative have planted over 2,000 trees in the forest of the southern German town of Alzenau to help restore the immense storm damage caused in 2019 when trees were uprooted over an area of around ...
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News briefsThe winners of the UK Outdoor Industry Awards 2023
The OIA has announced the winners of the UK Outdoor Industry Awards 2023, which were presented at the 2024 OIA Conference at Drayton Manor Resort, Tamworth. The awards process began at the Outdoor Trade Show (OTS) 2023, which took place in Liverpool in June. There, a panel of judges made ...
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News briefsFirst edition of Angling International Live
The first-ever edition of the Angling International Live show will take place on Sept. 26-28 at Hungexpo in Budapest. The new event is open to all professionals in the angling trade, including tackle retailers, distributors, wholesalers and sales agents. Angling International Live is organized by Angling International, a UK-based B2B ...
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News briefsSolo Brands named to the World’s Most Innovative Companies of 2024 list
Solo Brands, the parent company of Solo Stove, Chubbies, Isle, Oru Kayak and IcyBreeze, has been named to Fast Company’s World’s Most Innovative Companies of 2024 list. Solo Brands was recognized as No. 2 in the Consumer Products category. The list shines a spotlight on companies that are shaping the ...
