News Briefs – Page 73
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News briefsYeti appoints McMullen as CFO
Yeti, the U.S. designer, retailer and distributor of outdoor products, has announced the appointment of Mike McMullen as its senior vice president, chief financial officer and treasurer. McMullen has served as the company’s interim CFO since October 2022. McMullen joined Yeti in 2016 as head of financial planning and analysis ...
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News briefsOutdoor Research has a new U.K. partner
Seattle-based Outdoor Research (OR) has announced a new licensing partnership with U.K.-based Brigantes Consulting Limited to launch new products under the OR Pro brand across Europe and the Middle East. Tactical apparel and equipment procurement specialists Brigantes has been a defense supplier to NATO military and elite police units since ...
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News briefsPolygiene Group restructure, reports Q4 operating loss
Polygiene Group recorded a net loss of 5.1 million Swedish krona (-€480,000) against a profit of SEK 39.0 million (€3.9m) for the period ended Dec. 31. Ebitda came in at SEK 1.9 million, excluding an inventory adjustment, restructuring costs, and expenses related to the acquisition of Biomaster and ending a ...
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News briefsHelly Hansen revenues increase by 21% in 2022
Annual revenues for Helly Hansen, the Norwegian outdoor brand owned by Canadian Tire, were C$781.2 million (€571.1m) versus C$644.9 million. An estimated 91 percent of Helly Hansen’s sales total, or C$710.7 million (€519.6m), was generated in markets outside of Canada. That represented a 20 percent year-over-year increase. Meanwhile, Canadian Tire ...
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News briefsPolygiene with new distributor in China
To accelerate growth in China, the Polygiene Group has signed an agreement with Suzhou Standing TextileTechnologies Ltd (SST), a Jiangsu province-based textile supplier and distributor for national and global brands. Increasing sales by working closely with distributors as sales partners is a key component of Polygiene’s growth strategy in China, ...
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News briefsHuntsman closes sale of Textile Effects division
Huntsman Corporation announced Feb. 15 that it has received all necessary regulatory approvals to complete the sale of its Textile Effects division to Archroma, a portfolio company of SK Capital Partners, previously announced last August. Both parties expect the transaction to close on Feb. 28, 2023. “Our teams have been ...
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News briefsThe Lycra Company names new CLO
Source: The Lycra Company Cathy Spicer The Lycra Company has announced that Cathy Spicer joined the company on Feb. 7 as chief legal officer (CLO). Spicer joins the company after most recently serving as CLO and corporate secretary of Tailored Brands, Inc., which includes retailers Men’s Warehouse ...
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News briefsSalomon publishes first impact report
Following its sister company Atomic’s impact statement, Salomon has also published its first-ever annual sustainability report. After a full carbon inventory, the French brand’s science-based targets have been officially approved for 2022 (aiming for a 50 percent absolute reduction in Scope 1 & 2 carbon emissions and a 30 percent ...
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News briefsBetter Cotton Conference 2023 registration opens
Tickets for the coming Better Cotton Conference 2023, held in Amsterdam on June 21 and 22, can now be purchased for early-bird ticket prices (discounted only before March 15). The conference will be opened with a welcome reception on the evening of June 20 and hosted in a hybrid format ...
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News briefsJack Wolfskin launches new light hiking campaign
With its new campaign ”Hiking Greece – defying the heat”, Jack Wolfskin (JW) introduces its new light hiking collection going to market this summer. At the core of the campaign, a group of hikers travels along historical paths in Greece leading through spectacular landscapes and the characteristic ...
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News briefsAdidas Terrex opens pop-up in Chamonix
Adidas Terrex has inaugurated a store in Chamonix-Mont-Blanc, its first in France. According to Sport Guide, the pop-up store should remain in place for at least 12 months. Adidas said that the pop-up format made it easier for the brand to accelerate the opening. The company had initially planned to ...
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News briefsSalomon launches first shoe featuring SCF-made Elastollan
Source: BASF Elastollan® in midsole powered by SCF foaming technology Salomon is releasing the Index.02 running shoe with a midsole featuring Elastollan made with Supercritical Fluid (SCF) direct injection foaming technology. Elastollan is the brand name for BASF’s thermoplastic polyurethane (TPU). The Salomon Index.02 marks the ...
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News briefsLenzing and Södra partner with Riopele to advance circularity
Lenzing, the Austrian supplier of specialty fibers, has announced “the next major milestone” in its strategic partnership with Sweden’s pulp producer Södra to promote circularity in fashion. Together with Riopele, a Portuguese fabric manufacturer, the two companies are developing textiles made from recycled and sustainably produced materials for a spring/summer ...
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News briefsNnormal launches No Trace recycling program
Nnormal, the outdoor brand specializing in trail running and hiking products, is launching the No Trace Program, an initiative to invite consumers to recycle shoes, clothing and sports accessories that they no longer use. The recycling initiative is being launched through a documentary. Consumers will be able to recycle worn-out ...
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News briefsMicro-mobility expert Kõu Mobility Group acquires majority stake in Ampler Bikes
On Feb. 14, Kõu Mobility Group and Ampler Bikes announced they are joining forces to strengthen their position in the micro-mobility sector. Both Estonia-based companies signed an investment and share exchange agreement that makes Kõu the new 51 percent majority shareholder of Ampler. Ardo Kaurit will remain CEO of the ...
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News briefsNew additions to Pearl Izumi’s athlete team
Pearl Izumi, the Colorado-based cycling apparel and footwear brand, has announced its athlete squad for 2023. Whitney and Zack Allison have joined the athletic team, while current members Alexey Vermeulen, Hannah Shell, Jake Magee, Brooke Goudy, Mark Mathews and Marley Blonsky were re-signed. Whitney and Zack Allison are best known ...
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News briefsNew head of brand at Suunto
Nicolas Holtzmeyer, new head of brand for Suunto Nicolas Holtzmeyer was appointed head of brand of Suunto on Dec. 1, 2022, moving to the company’s headquarters in Vantaa, Finland. In his new role, he is responsible for Suunto’s global brand presence. His focus will be on building ...
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News briefsKMD reports H1 sales on improving trends
KMD Brands Limited – the New Zealand-based global outdoor, lifestyle and sports company that includes the Kathmandu, Rip Curl and Oboz brands – citing continued sales momentum in Q2, reported record H1 group sales of NZ$546 million (€322.6m) for the six months ended Jan. 31. According to the company’s preliminary ...
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News briefsPolartec’s owner announces new leadership structure
Milliken & Company has promoted Ramesh Kesh and Eric Yung, two long-time employees, to new roles and responsibilities. In addition to his position as senior vice president of Milliken & Company, Kesh will now also oversee all Polartec business units, as well as the government and defense business units. Kesh ...
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News briefsMajor Craft opens a distribution hub in Spain
Major Craft, a Japanese fishing tackle supplier with headquarters in Osaka, has opened an office and warehouse in Madrid. The new distribution hub is part of the company’s plan to increase its sales presence in Europe and better serve that market. The company has also announced plans to develop rods, ...
