News Briefs – Page 26
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News briefsLedlenser expands int'l HR management team
Source: Ledlenser Sandra Antony German flashlight and headlamp specialist Ledlenser has appointed Sandra Antony as its new Global Head of Human Resources. In her role, Antony will shape the company-wide strategy in the area of People and Culture, supported by her three-person team based in Solingen. As ...
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News briefsVista’s foundation donates $200K to four nonprofits before reorganizing under Revelyst
The Vista Outdoor Foundation, the philanthropic partner of Vista Outdoor Inc., announced the donation of $208,000 to four nonprofit organizations, concluding a multi-year grant commitment. The four nonprofits receiving proceeds are: Little Bellas: Mentoring on Mountain Bikes: Little Bellas creates opportunities for girls to experience success using mountain biking as ...
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News briefsSchöffel-Lowa opens 41st store
A new Schöffel-Lowa store has been integrated into one of the two Intersport branches of retailer Schuh und Sport Haaf in Breisach am Rhein, a German town on the Franco-German border. The two Schuh und Sport Haaf stores, which were reopened opposite each other after renovation, offer a wide range ...
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News briefsMerida reports two-digit 2023 decline in sales and profit
Taiwan’s second-largest bicycle manufacturer Merida Industry Co., Ltd. achieved total sales of TWD 27.16 billion (€787.84 million) in FY2023. Compared to 2022, this is a decline of 26.4 percent. Although Merida is also a public company, it only publishes the figures it is required to publish. At TWD 3.39 billion ...
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News briefsGerman outdoor retailer McTrek files for insolvency again
German retailer McTrek (most recently with 17 stores in Germany) filed for insolvency at the Hanau District Court on March 11. This is the second insolvency in just four years for the outdoor specialist, which has been operating for over 20 years. Following the first insolvency in 2020, the company, ...
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News briefsCamelBak and Grofa launch hybrid distribution model in Germany, Austria
The Petaluma, California-based specialist for hydration systems and water bottles CamelBak has announced that Grofa Actions Sports GmbH will be its new distribution partner for Germany and Austria from April 1, taking over from the brand’s previous partner, Hartje. With Giro, Bell and Blackburn, Grofa already represents other brands from ...
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News briefsSecond Bergans outlet store in Germany opened
Source: Bergans Bergans of Norway has opened its second outlet store in Germany. In addition to the Designer Outlet Soltau, where Bergans has been operating for over 12 years, the Norwegian outdoor brand has opened a new store in the Designer Outlet Neumünster on Friday, March 15. ...
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News briefsINOV8 set to open new store and coffee shop in York, England
British running, walking and fitness brand INOV8 is preparing to open a new store and café in the city center of York in England on March 16. Located on High Ousegate, the new store will create six new jobs and fill a property previously occupied by Costa Coffee. The store ...
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News briefsThermore introduces new, partially recycled stretch insulation
Milan-based Thermore Group has unveiled its new Freedom stretch insulation, which it describes as its most dynamic stretch insulation in the company’s five decades of innovation. According to the manufacturer, Freedom is made from 50 percent recycled polyester and offers ample stretch while providing warmth for a variety of applications, ...
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News briefsGiant suffers double-digit decline in sales, profit in 2023
Taiwanese Giant Manufacturing group blamed the falloff on weak demand for entry- and mid-level bikes in Europe and North America and high inventory levels in the global market. The group did point out that there remains a “strong demand” for performance products in Europe and North America and that the ...
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News briefsLeatt generates higher DTC sales in down year
Leatt, the South African developer and marketer of protective equipment for extreme and high-velocity sports, experienced the first indicators of a recovery in certain segments in Q4 despite 2023 being a challenging year for the cycling and motorcycle industries. The final period net loss was $1.46 million versus a ...
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News briefsUnder Armour design chief returns to Black Diamond as Creative Director
Source: Black Diamond Kasey Jarvis Black Diamond Equipment, a brand under the umbrella of Clarus Corp., has appointed Kasey Jarvis as Creative Director for the brand. Jarvis most recently served as Chief Design and Development Officer at Under Armour, where he led the establishment of the visual ...
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News briefsUNECE and UNECLAC address the issue of second-hand clothing trade flows
The United Nations Economic Commission for Europe (UNECE) and the United Nations Economic Commission for Latin America and the Caribbean (UNECLAC), in collaboration with the Ellen MacArthur Foundation, held a virtual side session on Feb. 19 at the 2024 OECD Forum on Due Diligence in the Garment and Footwear Sector, ...
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News briefsTaipei Cycle 2024 focused on sustainability
The latest edition of Taipei Cycle, which ran on March 6-9, attracted 23,000 visitors. International buyers primarily came from Japan, China (including Hong Kong), the US, South Korea and Singapore. The trade show focused on four key themes that reflected the industry’s commitment to sustainability: Micro Mobility, Green Action, Startup ...
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News briefsInfinited Fiber closes new funding round
Infinited Fiber Company, the Finnish textile recycler currently in a restructuring phase, has completed a two-part development funding round totaling €40 million. The round included investments from both existing and new investors, the latter including Inditex, TTY Management, Youngone and Goldwin. The first part of the development financing round, which ...
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News briefsNew CEO for knife maker Morakniv
Source: Morakniv Richard Jägrud Richard Jägrud, who has been CEO of Silva (Primus Silva Sweden AB) for the past seven years, has been appointed the new CEO of the Swedish company Morakniv AB, effective May 15, 2024. The previous CEO, Johan Burtus, left the company after three ...
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News briefsArchroma introduces wet fastness enhancer for long-lasting colors
Archroma, the Swiss provider of dyes and specialty chemicals, has introduced Albafix Eco Plus, a new wet-fastness improver that is meant to help brands and mills produce durable textile products with long-lasting colors without compromising on quality or introducing hazardous chemicals. Source: Archroma With Albafix Eco Plus, ...
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News briefsMaap opens first European LaB store
Maap, a Melbourne-based cycling apparel brand, has finally opened its new Maap LaB in Amsterdam, which the brand had announced last summer. It is the brand’s first retail concept store outside of Australia. “LaB” stands for Life Around Bikes, an inclusive concept “at the intersection of contemporary creative culture and ...
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News briefsBourrelier Group appoints Managing Director for Mavic
Source: Mavic Alberto Morgando After working with Jean-Michel Bourrelier for more than five months, Alberto Morgando officially took over the position of Mavic Managing Director on Feb. 20. According to the two Bourrelier Group SA directors Yoann and Jean-Michel Bourrelier, the appointment “marks a continuation in the ...
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News briefsJack Wolfskin presents first styles with recycled outer materials
When the textile industry talks about recycled materials, it usually refers to synthetic fiber yarns made from recycled plastic bottles. Jack Wolfskin also uses recycled polyester. However, the German outdoor company also wants to create a genuine circular system and has been working on producing new, functional items of clothing ...
