News Briefs – Page 74
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News briefsNew CFO and COO at Rocky Brands
Rocky Brands, mother of Durango and Georgia brands among others, has hired Sarah O’Connor as senior vice president, chief financial officer, and treasurer. O’Connor will officially join the company in mid-March. At that time Tom Robertson, who has served as Rocky Brands chief financial officer and treasurer since March 2017, ...
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News briefsMammut enters partnership with CO2 storage company
Mammut has signed a “Carbon Dioxide Removal (CDR)” agreement with the Swiss company Climeworks, to remove part of its CO2 emissions directly from the atmosphere using “Direct Air Capture” technology. Mammut has pledged to be net-zero by 2050 and is Climeworks’ first customer from the outdoor industry. Signing this agreement ...
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News briefsLeadership change at Newell Brands
In light of the upcoming retirement of current Newell Brands CEO and board member Ravi Saligram, the company has announced the appointment of Chris Peterson as president and CEO, effective May 16, 2023. At the company’s 2023 annual meeting of stockholders on that date, the board also plans to nominate ...
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News briefsBestseller updates its Circular Design guide
The free Circular Design Guide, first published last year by the Bestseller Group, has been updated with new intelligence. The new version, which has also been adjusted in accordance with the expected changes in legislation resulting from the EU Commission’s textile strategy, is available online here. “Since the first edition, ...
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News briefsNew president at the Napapijri brand
Silvia Onofri has been appointed president of Napapijri, a brand in VF Corp.’s portfolio. She succeeds Massimo Ferrucci, who left VF Corp. last year. In her new role, she will report to Martino Scabbia Guerrini, executive vice-president at VF Corp. Most recently, Onofri served as chief commercial officer global wholesale ...
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News briefsRevolutionRace sales up 30% in Q2
Under new CEO Paul Fischbein, RVRC Holding generated record quarterly sales of 509 million kroner (€46.5m) against SEK 392 million for the second quarter ended Dec. 31. Adjusted EBIT was flat at SEK 117 million (€10.7m) as gross profit contracted to 70.7 percent from 71.4 percent. EBIT margin came in ...
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News briefsNewell Brands’ outdoor & recreation segment widens Q4 loss
The business unit, which includes CampingGaz, Coleman, Marmot and Ex-Officio, recorded a $14 million operating loss against a loss of $1 million for the period ended Dec. 31. Total segment sales fell by 21 percent to $211 million from $304 million because of unfavorable currency conversion impact and the exit ...
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News briefsLectra looks back on a strong year 2022
For 2022, Paris-based company Lectra – a specialist in digital design solutions and cutting equipment – has reported a 35 percent increase in revenues to €521.9 million and a net income of €43.8 million. EBITDA was up 51 percent to €98.4 million. In Dec. 2022, Lectra announced the signature of ...
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News briefsInternetstores announces new CEO
Internetstores has a new CEO in Torsten Waack van Wasen, who succeeds Max Heimann as leader of the multichannel specialty retail giant. According to company news, Heiman left at his own request after taking on the role only about six months ago. The digital specialist retailer for bicycles includes brands ...
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News briefsNew appointment to IAA Mobility aims to give cycling greater presence
Source: IAA Mobility Since its move from Frankfurt to Munich, the The International Motor Show (IAA, now IAA Mobility) has shifted from a pure automobile show to a mobility show. Within this context, the IAA Mobility team is working to get more exhibitors and visitors from the ...
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News briefsExped hires new product manager
Source: Exped Mathieu Corbineau Swiss brand Exped has hired Mathieu Corbineau as its new product manager for its backpacks, stuff bags and gear bags, replacing the current product management team of Muriel Weber and Marc Raillard. The two will concentrate on other roles within the company. Weber ...
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News briefsSeventh French Outdoor Awards: winners 2023 announced
Now in its seventh year, the French outdoor manufacturers’ trade association Outdoor Sports Valley (OSV) has picked the most innovative four products from four categories, to be awarded the French Outdoor Award: Source: OSV Relief from Cyclik The competition is open to start-ups as well as multinationals, ...
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News briefsIGOT invites Grass roots outdoor organizations to apply for grants
The It’s Great Out There Coalition (IGOT) has launched the latest round of #itsgreatoutthere grants to support outdoor sports initiatives across Europe. Nonprofit organizations can apply for up to €5,000 until February 28 on the IGOT website. The funds for these supports come from the financial backing of IGOT’s partner ...
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News briefsVibram posts 30% sales increase
Vibram recorded sales of €300 million in 2022, representing an increase of more than 30 percent from 2021, FashionNetwork.com has reported. The increase was driven by sales growth across all the main markets and product categories, said Vibram. The U.S. accounted for 50 percent of the company’s sales. E-commerce sales ...
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News briefsSalomon collaborates with sports physiologist
Salomon has announced that its sport science team and athletes will be collaborating with Dr. Guillaume Millet to improve performance and health in trail running. ` Dr. Millet is professor of sports physiology at the Jean Monnet University in Saint-Etienne, France. His studies focus on the impact of extreme exercise ...
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News briefsZwift raises new funding
Zwift has raised $620 million from backers including Amazon’s Alexa Fund, KKR & Co. and Permira Holdings. According to Bloomberg, Zwift expects these investments to enable it to increase subscription prices, reach the milestone of ten million subscriptions (from roughly one million), take the company public and eventually invest in ...
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News briefsStolen Goat enters running apparel market
Stolen Goat, the British brand best known for its cycling and triathlon apparel, has introduced a new Run collection. The new line, for men and women, comprises running tops, shorts and tights. Stolen Goat was founded by Tim Bland in 2012. The brand’s collections also feature swimwear and mountain-bike gear.
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News briefsOrtlieb has new product manager, implements new structure
Source: Ortlieb Falko Schott succeeds Rolf Kathrein-Lehmann as Ortlieb’s new head of product management With Rolf Kathrein-Lehmann retiring, Ortlieb is losing a long-term product manager. In total, Kathrein-Lehmann has been with Ortlieb, in various positions, for 28 years. He is being replaced by current Ortlieb senior product ...
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News briefsTeresa Schuster fills new role at Bergzeit
Bergzeit has hired business IT specialist Teresa Schuster for a new position: Head of operational excellence. Schuster is responsible for the set-up of a sustainable operations unit that will form the basis for further growth and improve the customer experience. In addition to the optimization of existing processes, the focus ...
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News briefsCanada Goose launches NBA capsule with streetwear designer
Source: Canada Goose Canada Goose has teamed up with Canadian streetwear designer Chris Gibbs, owner of a streetwear shop called Union LA, based in Los Angeles. The capsule collection is a limited edition and part of Canada Goose’s multi-year partnership with the National Basketball Association (NBA). The ...
