News Briefs – Page 49
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News briefsHelly Hansen sales dip in Q2
Canadian Tire, which owns the Norwegian outdoor brand Helly Hansen, reported a 2.9 percent decline in Q2 revenues for Helly Hansen to C$135.6 million (€92.8m) from C$139.6 million for the period ended June 30. The company cited the timing of wholesale shipments for the sales drop. In Norwegian kroner, Q2 ...
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News briefsCreditors grant continued reconstruction for Swedemount Sportswear & Fashion AB
A meeting on Aug. 6 at Gothenburg District Court has decided that the reorganization of Swedish outdoor clothing company Swedemount Sportswear and Fashion AB should be allowed to continue the three-month period that has already begun. Neither Swedemount’s bank nor the Skatteverket (Swedish Tax Agency), which is by far the ...
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News briefsDometic provides equipment for pole-to-pole climate change expedition
Dometic is to be an equipment partner to a father and son team, Geoff Wilson and Kitale Wilson, as they sail from the South Pole to the North Pole in order to promote climate change awareness. The expedition, “Project Zero,” will document in real time the status of some of ...
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News briefsGlobal Organic Textile Standard starts OECD due diligence process
The Global Organic Textile Standard (GOTS) has officially started the Organisation for Economic Co-operation and Development (OECD) Alignment Assessment process for GOTS’ version 7.0 due diligence process. The OECD Alignment Assessment is a three-stage process that includes a Standards Assessment, an Implementation Assessment and a Credibility Assessment. OECD Alignment Assessments, ...
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News briefsFishbrain fishing app secures $6 million in new share issue
Fishbrain AB, the Swedish-based developer of a mobile application for anglers, has raised $6 million in funding. The round was led by Swedish venture capital fund Industrifonden, and co-led by Lucerne Capital Management, a US-based equity investment firm with a focus on European markets. The new funding is expected to ...
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News briefsNew Group VP at Johnson Outdoors
Johnson Outdoors Inc. has announced that Bill Kirchner will be joining the company as the new Group Vice President, Fishing. Kirchner will report to Johnson Outdoors CEO Helen Johnson-Leipold, and be a member of the Company’s Executive Committee. Kirchner joins the company from Newell Brands, where he has served as ...
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News briefsAmerican gear and accessories brand latest to join EOG
US-based outdoor gear and accessories brand Nemo has joined the European Outdoor Group (EOG). According to the brand, the partnership aligns with Nemo’s goal of reducing negative environmental impacts and leveraging education and partnerships to further its mission of making adventure possible anywhere, for anyone, forever. “As Nemo continues to ...
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News briefsFormer CEO of Oase Outdoors returns to role
Henrik Arens, Chairman of the Board and founder of camping equipment manufacturer Oase Outdoors, has returned to his role of CEO of the company. Arens co-founded the company, and subsequently worked for many years as its CEO, handing over the role to Henrik Bernth in August 2022. Arens is taking ...
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News briefsGerman arm of Nordisk has new MD
Nordisk Freizeit GmbH, the German arm of Nordisk Company, has a new Managing Director. Patrick Laquer is to replace Werner Blömer, who is to retire at the end of the year after leading Nordisk Freizeit GmbH since 2001. Blömer and Laquer will form a dual leadership until the end of ...
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News briefsFischer partners with snowsports experience provider
The UK arm of Fischer is to partner with the provider of personalized snowsports coaching and experiences, Uniq Snowsports. Fischer products will be available for testing at Uniq Snowsports’ upcoming Summer camps at indoor and dry slope camps at: Landgraaf Pembrey Norfolk and Llandudno The strategic collaboration aims ...
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News briefs
Messe Frankfurt rebrands sustainability events at textile fairs as “Econogy”
Messe Frankfurt is realigning the sustainability initiative of its Texpertise network under a new common identity, dubbed “Econogy.” The term, which represents a blend of economy and ecology, aims to place stronger emphasis on sustainability as a central element in today’s textile industry. With more than 50 events in 11 ...
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News briefsWFSGI postpones World Cycling Forum 2023
In a post on the event website, the WFSGI has announced it is postponing the World Cycling Forum 2023. The decision comes after “discussion with senior leaders of the industry and seeing the ongoing economic challenges within the bicycle industry,” with the WFSGI adding: “Our first priority is to listen ...
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News briefsNew Strava tool encourages eco-friendly transportation
Strava, the subscription platform for connected fitness, has introduced a product update focusing on carbon savings. Users who tag their activities as “commute” on Strava can follow up their estimated carbon savings when commuting by walking, cycling, running or e-biking instead of commuting by car or motorbike. The company hopes ...
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News briefsUCI launches online platform enabling cycling’s stakeholders to measure their environmental impact
The Union Cycliste Internationale (UCI) has launched a platform that enables cycling’s stakeholders to measure their impact. The new “UCI Sustainability Impact Tracker” has been developed in collaboration with Global Climate Initiatives (GCI) and 261PI. This innovative tool will be proposed to all cycling stakeholders, including national federations, UCI teams, ...
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News briefsMountain Warehouse triples the size of its store at Gloucester Quays
Mountain Warehouse, U.K.’s largest outdoor retailer, is to relocate from its existing store into a larger, 650-square-meter space at Gloucester Quays, an outlet shopping center in Gloucestershire, England. The retailer will relocate from its current store adjacent to Skechers to a bigger space next to Levi’s. The new store, which ...
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News briefsJohnson Outdoors’ Q3 operating income falls by 27 percent
Johnson Outdoors’ total revenues declined by 8 percent to $187.0 million from $203.8 million for the U.S. parent company of a portfolio of fishing, diving, camping and watercraft brands, including Jetboil, Old Town, Eureka! and Ocean Kayak as operating income slid 27 percent to $17.4 million from $23.8 million. Ebit ...
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News briefsWearAgains program expanded again
Peak Performance has expanded its WearAgains program once again. Launched in June 2021 in the Stockholm flagship store, the concept was expanded to Austria in Spring 2023, with stores in Vienna, Salzburg, Kitzbühel and Innsbruck accepting used items. Now the WearAgains program will be available at the Peak Performance Vienna ...
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News briefsBluesign with first-ever footwear brand partner
Producer of high-performance rubber soles Vibram and material verification firm Bluesign have announced Vibram as a Bluesign system partner. The partnership, which began in November 2022, underscores the joint commitment to fostering sustainable practices within the footwear industry, with Compliance Manager of Vibram, Igor Brassini, declaring this, “The first shoe ...
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News briefsRVRC proposes sustainability and inclusion specialist from Zalando as new board member
The Nomination Committee of Swedish DTC provider RVRC Holding AB (RevolutionRace) – consisting of Øistein Widding (appointed from Altor Fund IV (No.1) AB and Altor Fund IV (No.2) AB), Peter Algar (appointed from Nyrensten Global Holding AB), Caroline Sjösten (appointed from Swedbank Robur Fonder AB) and Andreas Källström Säfweräng (Chairman ...
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News briefsPáramo’s new business structure aims to support future growth
Ethical outdoor apparel brand Páramo Directional Clothing has made several changes at the management level to support future growth and continue to provide high-quality products and great customer service. Richard Pyne takes on the role of Páramo CEO, leading the strategic direction of the company and ensuring that the brand’s ...
