News Briefs – Page 59
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News briefsOutdoor Research selects preferred partner for DWR treatments
Seattle-based Outdoor Research (OR) has struck a deal with the UK’s Nikwax, which from September is to become the gear and apparel company’s “preferred partner for after-purchase Durable Water Repellent (DWR) care and treatment.” The deal aligns with OR’s gradual shift away from per- and poly-fluoroalkyl substances (PFAS), which it ...
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News briefsKathmandu has a new CEO
KMD Brands has apointed Megan Welch, most recently SVP/GM for Crocs’ Asia/Pacific business based in Singapore, as the new CEO for its Kathmandu business unit starting on Aug. 7. She takes over and will report to Michael Daly, KMD’s group CEO and managing director, who added the Kathmandu responsibilities on ...
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News briefsThule Group CFO announces departure
Thule Group has announced that Jonas Lindqvist is to leave his position as Chief Financial Officer. Lindqvist has been the CFO of the Thule Group since 2020 and will remain in his role until his successor is in place. The recruitment process for a new CFO will begin immediately. This ...
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News briefsSustainable performance fiber team secures $3.7M funding
Werewool, a pioneer of sustainable performance fibers which uses proteins to create products normally manufactured with petroleum, has announced a $3.7 million seed funding. The funding was led by Material Impact and Sofinnova Partners to further the company’s mission to produce biodegradable fibers with protein-based color and performance properties using ...
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News briefsHelly Hansen sales rise by double-digits in Q1
Helly Hansen, the Norwegian outdoor brand owned by Canadian Tire, generated a 22.9 percent increase in Q1 revenues to C$208.4 million (€150.6m) compared to C$169.6 million in Q1 2022. In Norwegian kroner, sales were NOK 1,576.3 million versus NOK 1,185.1 million for the period that ended March 31. The company ...
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News briefsOctarine Bio and Ginkgo Bioworks team up to produce natural colors
Octarine Bio, a Danish synthetic biology firm that develops new sustainable bio-based ingredients, and Boston-based Ginkgo Bioworks have announced a multi-stage partnership to produce natural colors. Most textiles are still produced with synthetic colors and dyes derived from fossil fuels, a practice that has negative effects on human health and ...
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News briefsGiant Group and Stages Cycling cancel minority share takeover negotiations
At the beginning of the year, we reported on two ticker announcements from the Taiwan Stock Exchange (TWSE). Both concerned the listed bicycle producer Giant Manufacturing Company Ltd. (or Giant Group, including brands Cadex, Giant, Liv and Momentum). The first: That Giant Group had acquired a minority stake in US-based ...
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News briefsLenzing launches new carbon neutral version of its Acetic Acid Biobased
Austrian fiber producer Lenzing Group is celebrating the 40th anniversary of the Lenzing Acetic Acid Biobased, first introduced on May 4, 1983. The carbon footprint of the standard Lenzing Acetic Acid Biobased is 85 percent lower than that of fossil-based acetic acid. To mark the important anniversary, Lenzing is now ...
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News briefsSalewa launches its first MTB apparel collection
Salewa has released Vento, its first-ever bike capsule collection. The South Tyrolean mountain sports brand has been known for over 85 years for its technical equipment for alpinists, climbers and mountaineers. The company is now applying its expertise in making technical weatherproof apparel to a bike wear. The new line ...
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News briefsNew Swiss trading partner for Rab and Lowe Alpine
The Equip brands Rab and Lowe Alpine have announced a new trading partner for Switzerland. From now on, a team of five from the trading agency Icon Outdoor Equips, managed by Balz Willen and Werner Schunk, will look after specialist trade partners in Switzerland on behalf of Rab and Lowe ...
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News briefsNew distribution partner as Jack Wolfskin aims at Iberia market
German-based apparel and footwear brand Jack Wolfskin is to enter the Iberia markets of Spain, Portugal and Andorra for the first time, via a distribution agreement with The Brand Labs sales agency. Based in Barcelona, The Brands Lab represents high-end outdoor and cycling brands in the region. Beginning May ...
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News briefsChiruca reforestation project reaches milestone, runs into heat trouble
Spanish mountain boot brand Chiruca’s reforestation project, the “Bosque Chiruca” (Chiruca Wood), has planted 24,000 trees over 23 hectares in its eight-year existence, according to Diffusion Sport. Of these, some 10,500 have been moved or freshly planted this year. The outdoor-footwear producer’s head of quality and environmental affairs, Jorge Orío, ...
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News briefsMammut continues partnership with Climeworks
Mammut is continuing its partnership with Swiss carbon removal and storage company Climeworks, via a challenge on its Strava channel. Mammut is calling on members of its Strava club to run a minimum of 100 km in May, and 10,000,000 km collectively. Climeworks will then remove 10 tons of CO2 ...
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News briefsStio raises $20 million in capital
US mountain lifestyle brand Stio has raised $20 million in capital to support its Mountain Studio retail locations, future product category development and a pivot towards a more diversified omnichannel approach, according to SGB. Led by Lagi Innovation Fund, the debt-equity raise comes as the mountain town brand announced it ...
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News briefsCornell researchers turn textile trash to functional coatings
A team of researchers at Cornell University have managed to chemically break down old clothing and reuse polyester compounds to create fire-resistant, anti-bacterial or wrinkle-free coatings that can then be applied to clothes and fabrics. The process is described in a paper, titled “Upcycling of Dyed Polyester Fabrics into Copper-1, ...
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News briefsUnifi’s sales fall 22% amid volatile global environment
Unifi, the U.S.-based maker of the Repreve fiber, announced net sales of $156.7 million for the third fiscal quarter ended April 2, 2023, down 21.9 percent from $200.8 million in the third quarter a year ago. The decrease was primarily driven by lower sales volumes amid a volatile global environment. ...
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News briefsFox Factory’s Q1 sales driven by Powered Vehicles Group
Fox Factory, which completed an acquisition of Custom Wheel House in March, posted a 1 percent increase in Q1 operating income to $54.7 million and realized a 150-basis-point improvement in year-over-year gross margin to 33.3 percent in the period ended March 31. Higher income taxes against the year-ago quarter drove ...
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News briefsJohnson Outdoors reports mixed Q2 results
Johnson Outdoors, benefitting from sales and profitability improvement in its fishing and diving segments, generated an improved gross margin, higher revenues, and a 50 percent increase in net income for the period that ended March 31. But a 20 percent rise in Q2 operating expenses to $63.9 million contributed to ...
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News briefsLenzing remains confident despite bumpy first quarter
Austrian-based Lenzing Group’s Q1 2023 sales rose slightly by 1.3 percent year-on-year to €623.1m, primarily due to higher pulp sales, while fiber sales declined, the company said. Ebitda declined 66.2 percent year-on-year to €29.7 million in the first quarter, net income was €-64.9 million (compared to €34.1 million in Q1 ...
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News briefsOrtlieb to display product carbon footprint for all goods
Ortlieb Sportartikel GmbH has determined and published the product carbon footprint for all of its almost 400 articles, detailing the emissions generated from sourcing raw materials through to production. On Ortlieb’s website, customers can now see how many kilometers they need to cover by bike rather than car in order ...
