News Briefs – Page 87
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News briefsAlpkit meets funding target in less than eight minutes, plans new product categories
At the end of October, British outdoor and cycling brand Alpkit invited its customers to become shareholders in the company. The investment campaign was open for just eight minutes when the company reached its target of £750,000 (around €855,000). In less than an hour, Alpkit had raised £1.6m (€1.83m) from ...
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News briefsGlobal Fashion Agenda and UNEP announce joint consultation with the textile sector at COP27
The Global Fashion Agenda (GFA) and the United Nations Environment Programme (UNEP) have partnered to launch the Fashion Industry Target Consultation. The announcement was made at COP27 in Sharm El Sheikh on Nov. 8. The Fashion Industry Target Consultation, a multi-stakeholder project led by GFA, will aim to identify and ...
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News briefsLa Sportiva reinforces marketing team
La Sportiva has hired Vittorio Barrasso as brand & communication corporate manager and Andrea Ranalletti as trade marketing manager. They will both report to Giulia Delladio, La Sportiva’s corporate marketing director. Barrasso brings long-standing experience in the consumer goods industry. In his new role, he will oversee brand development, communication, ...
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News briefsUnifi’s sales drop 8.4% in fiscal Q1
Unifi, the maker of the Repreve fiber, has reported net sales of $179.5 million for the first fiscal quarter ended Oct. 2, 2022, representing a decrease of 8.4 percent from the first quarter of fiscal 2022. The drop was primarily attributed to lower sales volumes for the Americas and Asia ...
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News briefsInfinite Fiber announces progress in building commercial-scale fiber factory in Finnland
Infinited Fiber Company, textile technology specialist from Finland, has announced that the construction of its first commercial-scale Infinna textile fiber factory in Kemi, Finland, has progressed according to plan since the announcement of the factory site in June 2022. The company is increasing its focus on scaling the production volume ...
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News briefsCustomer loyalty programs help western brands attract Chinese consumers
According to Alibaba, brands are investing more than ever in loyalty programs to attract and retain Chinese consumers during this year’s 11.11 Global Shopping Festival. According to the report, well-known brands such as The North Face are relying on membership programs to encourage repeat purchases. They offer early access, hard-to-match ...
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News briefsMillet headed for 20% growth in Europe
Millet Mountain Group is growing at a 20-percent clip year-on-year in Europe, according to its sales director for the continent’s southern half, Hervé-Sergio Locatelli. If projections hold, Locatelli has told CMDsport, the group will break its record for annual sales on the continent. France remains the top market, but ...
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News briefsGlobetrotter collects sleeping bags for homeless people
Until Dec. 21, German outdoor outfitter Globetrotter is accepting used sleeping bags and warm winter clothing in its stores. The donations will go to homeless people and others in need and will be distributed through local aid organizations as part of their cold-weather relief efforts. In total, 19 of Globetrotter’s ...
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News briefsHervis launches bike storage service for winter
Until Nov. 15, 2022, Austrian retailer Hervis is offering its shoppers a new type of combined service that is unique in Austrian sports retail: bike service followed by the option of professional, dry and secure storage over the cold months. In two stores in Vienna and Graz, customers can drop ...
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News briefsInov-8 opens first showroom outside the UK
U.K.-based running, hiking and fitness brand Inov-8 has opened the doors to its first showroom in mainland Europe in Annecy, France. Manu Fedon, Inov-8 sales manager for France, said: “The showroom will be a basecamp for all customers, media contacts, friends and family living within the heart of the French ...
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News briefsBianchi renews presence in the U.S.
Source: Bianchi Dan Delehanty, Bianchi USA Country Manager As part of the complete restructuring of FIV Bianchi Spa, headquartered in Italy, Bianchi continues its international development by also renewing its Bianchi USA subsidiary and strengthening its physical presence in North America. Dan Delehanty has assumed the role ...
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News briefsRaleigh is opening an “experience center” in Nottingham
British cycling brand Raleigh is to open later this month an “experience center” in Nottingham, its home city. The site, located at Maid Marian Way, will be a retail space with a full range of Raleigh and Haibike models on display and the option to try them out. Additionally, the ...
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News briefsUSWE’s quarter marked by acquisitions, order cancellations
Swedish company USWE Sports AB, which launched as a public company on July 1, reported a net loss of 2.07 million Swedish kronor during the three months ended Sep. 30. Operating loss for the period was SEK 4.10 million (€386,200). Total revenues rose 98 percent year-over-year to SEK 25.37 million ...
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News briefsPierer Mobility and MV Agusta deepen strategic cooperation
Shortly after the announcement of a strategic partnership in North America (Pierer Mobility subsidiary KTM AG will take over the exclusive distribution of MV Agusta), the two European motorcycle and (e-)bike suppliers have announced that they will intensify their cooperation by entering into a worldwide distribution partnership. In this context, ...
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News briefsKathmandu launches in Europe and the UK
Following an appearance at Paris Fashion Week in late March and a collaboration with renowned Paris retailer Leclaireur to launch its FW 2022 collection, Kathmandu, the New Zealand-based outdoor apparel and gear brand, has now launched country-specific online stores in the U.K., France and Germany, in addition to supplying select ...
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News briefsTopgolf Callaway tees off with record third quarter; lifts guidance
Topgolf Callaway Brands has lifted annual guidance after a record third quarter and said it continues to see the Topgolf operation as a key driver of growth that will contribute half of the company’s Ebitda in the near future. Group net revenue for the three months to Sept. 30 was ...
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News briefsYKK to introduce narrower watertight zipper for outdoor apparel
With a new watertight zipper that will be introduced at the coming ISPO Munich trade show, Japanese company YKK targets the outdoor apparel market. According to company information, the Aqualock zipper is a completely watertight new solution that is narrower, more lightweight and more flexible than the current Aquaseal zipper ...
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News briefsNew Schöffel-Lowa shop-in-store opened in Backnang, Germany
Thomas Grabert, who runs the Intersport Grabert store (that operated as Intersport Hettich until 2017) in the German town of Backnang, has renovated and newly opened the 1,000-sqm store. Part of the space is now a 120-sqm Schöffel-Lowa shop-in-store – the 37th in Europe. Grabert also runs a Schöffel-Lowa brand ...
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News briefsCraghoppers launches capsule collection with fibers made from carbon emissions
Going to market in Fall 2023, U.K. company Craghoppers is introducing its first capsule collection of four styles featuring a blended material made from recycled polyester and fibers converted from CO2 industrial waste. The fleece fabric, which has been developed with technology company Lanzatech, contains 30 percent of fibers made ...
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News briefsFox Factory delivers another solid quarter
Profit at Fox Factory, the maker of products for bicycles, off-road vehicles and motorcycles, among others, rose 16 percent to $50.8 million from $43.8 million for the quarter ended Sept. 30. Ebit was 19.7 percent higher at $64.1 million as operating income increased by 18.3 percent to $65.4 million from ...
