News Briefs – Page 29
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News briefsCarbios partners with De Smet on construction of PET biorecycling plant
Carbios, a French company specializing in biological recycling based on enzyme technologies, has announced that it is partnering with De Smet Engineers & Contractors on the construction of a polyethylene terephthalate (PET) biorecycling plant, described by Carbios as the first-of-its-kind in the world. The facility in Longlaville, in northeast France, ...
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News briefsBain Capital reportedly plans to help Snow Peak go private
Late last week, several media outlets worldwide reported that the US buyout fund Bain Capital is planning to take Japanese outdoor manufacturer Snow Peak private in a management buyout valued at 50 billion yen ($333 million). Snow Peak responded on Feb. 16 that the news was not based on a ...
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News briefsSalomon partners with Hikeish to get diverse communities outdoors
Salomon’s charitable Salomon Foundation has joined forces with Hikeish, a Brooklyn-based non-profit organization, on a new initiative to get diverse communities outdoors. Hikeish organizes activities for underrepresented groups, such as road running, trail running, or hiking. Hikeish was founded by Benje Williams and Ken Bernard, who are also the co-founders ...
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News briefsIntertextile to feature 3,000 exhibitors
The spring edition of Intertextile Shanghai Apparel Fabrics, China’s biggest fabrics trade show, will showcase the collections of some 3,000 domestic and international exhibitors. The event will be staged at the National Exhibition and Convention Centre in Shanghai on March 6-8, in a 190,000 sqm exhibition area. The show is ...
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News briefsAsics EMEA welcomes nine new trail runners
Asics has announced that nine new elite runners have joined its trail team. The team now consists of 48 members from around the world. The brand has welcomed Miguel Benítez (Spain), Ben Dhiman (U.S.), Romain Discher (France), Greta Garcia Moran (Spain), Julie Lelong (France), Dorian Louvet (France), Antonio Martínez Pérez ...
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News briefsBankruptcy estate of Hövding acquired by Austrian iSi Group
The bankruptcy estate of Hövding Sverige AB, the Swedish company known for its innovative airbag protection for cyclists, has been acquired by the privately owned Austrian industrial company iSi Group. The acquisition of assets includes all technology, know-how, patents and other intellectual property rights previously owned by Hövding Sverige AB, ...
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News briefsHelly Hansen sales rose by 7.1 percent in 2023
Helly Hansen, the Norwegian brand owned by Canadian Tire, generated C$837.2 million (€576.2m) in 2023 sales versus C$781.9 million in 2022. In the final quarter, the business suffered a 9.3 percent sales decline to C$274.0 million (€188.6m) against C$301.8 million due to the timing of shipments as more fall/winter products ...
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News briefsINOV8 opens first store in a UK city
British running, walking and fitness brand INOV8 has chosen Sheffield as the location for its first store in a UK city. The store opened on Feb. 1 at Dyson Place on Sharrow Vale Road and has created five new jobs. It sells INOV8 branded footwear, clothing and equipment for runners, ...
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News briefsSpyder to launch PFAS-free ski apparel starting this fall
Liberated Brands has unveiled an ambitious plan to eliminate per- and polyfluorinated substances (PFAS) from the Spyder ski apparel line starting in fall 2024. The elimination of PFAS will be strategically implemented through a multi-season initiative. At the same time, the brand will also introduce new innovations in waterproof materials ...
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News briefsUTMB World Series welcomes Suunto as official GPS watch and technical partner
The UTMB World Series and Suunto have announced a global partnership. As the official watch and technical partner, Suunto will support the races in navigating the trails of the 41 UTMB World Series events. Athletes who own a Suunto Vertical or Suunto Race watch will be able to download intuitive ...
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News briefsPolygiene says recovery in sight after difficult year
Polygiene, which suspended its long-term financial guidance in December, reported a Q4 operating loss of 302.4 million Swedish kronor (€26.7m) for the three months ended Dec. 31. Total sales fell by 23 percent to SEK 30.9 million (€2.7m) from SEK 40.0 million but gross margin expanded by 570 basis points ...
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News briefsLenzing partners with Recyc Leather and Ganni on new footwear materials
Lenzing Group, the Austrian supplier of wood-based specialty fibers for the textile and nonwovens industries, has partnered with Recycle Leather to introduce Pélinova, an innovative material that fuses Tencel Lyocell fibers and recycled leather fibers. By teaming up with a Danish brand, a B Corp-certified company, this trio will bring ...
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News briefsJack Wolfskin Ebitda about ‘breakeven’ in 2023
Topgolf Callaway Brands President and CEO Chip Brewer spoke briefly about Jack Wolfskin during the company’s Q4 conference call this week, commenting that the segment’s margins were “challenged” during the final period due to ongoing softness in Europe and high inventories at retail. However, the outdoor brand’s business in China ...
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News briefsHoka with new President
Deckers Brands has named Robin Green President of its Hoka brand with immediate effect. Green will serve on the executive leadership team, reporting directly to Dave Powers, the CEO and President of Deckers Brands. ”Green has an extensive track record of leading and operating complex global businesses while delivering transformative ...
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News briefsOdlo and POW Switzerland launch sustainable Zeroweight running capsule
Source: Odlo Swiss brand Odlo announces its second product collaboration with Protect Our Winters (POW) Switzerland. The result is the Odlo x POW Zeroweight Running Capsule, a six-piece collection made entirely from recycled materials. This new product collaboration follows the launch of the Odlo x POW Blackcomb ...
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News briefsNew association of Italian int’l trade shows
IT-EX is the name of a new association of Italian international trade shows, created with the objective of promoting the interests of the sector and its internationalization. The new body, established on Feb. 7, was founded by Fondazione Fiera Milano with AIMPES Servizi, A.N.C.I. Servizi, ASSOMAC Servizi, CEU – Centro ...
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News briefsArc’teryx opens shop-in-shop in Paris ahead of flagship
Canadian outdoor brand Arc’teryx opened an 80-sqm shop-in-shop on the ground floor of La Samaritaine, a department store on Paris’s Rue de Rivoli, on Feb. 9. The retail space showcases a range of functional and performance items from the brand’s SS24 collection. Arc’teryx will soon open a 300-sqm flagship ...
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News briefsAluula announces appointment of new President
Canadian materials technology company Aluula Composites Inc. has appointed Sage Berryman as President. Berryman brings decades of executive experience to Aluula. With deep capital markets expertise, she has played a key role in leading transactions and partnerships valued at over $4 billion, specifically with innovative technology companies. Before joining Aluula, ...
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News briefsNew Xterra Slovakia in 2024
Xterra has announced Xterra Slovakia as the newest international off-road triathlon series addition. The inaugural event is set to take place in historic Banská Štiavnica on July 12-13, 2024. The event will feature full-distance and sprint contests, catering to both elite competitors and those new to the sport. Xterra Slovakia ...
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News briefsNewell Brands’ Outdoor & Rec segment needs a turnaround
Newell Brands Outdoor & Recreation segment that includes Coleman, CampingGaz, and Marmot is the company’s business unit “in most need of a turnaround,” President and CEO Chris Peterson told analysts as the Atlanta company reported Q4 and FY23 results. The Outdoor & Rec business, which has a new marketing ...
