All articles by Wolfgang Greiner – Page 27
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Article
European Week of Sport: IGOT, OUTO, FESI and EOG team up to repurpose unused equipment
As part of the European Week of Sport 2024 (Sept. 23-20), the It’s Great Out There Coalition, Opening Up The Outdoors, FESI and EOG are calling for companies to donate products to be handed out to clubs.
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US Outdoor Industry Association releases 2024 Benchmarking Report
The report shows that the typical company had sales of $9.70 million and a pre-tax profit of 11.9%. The typical high-profit company’s revenue was approximately $6.77 million, profit 18.5%.
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Earth Overshoot Day 2024: Yet another day earlier
In 2024, humanity’s demand for ecological resources and services will already exceed what the earth can regenerate on Aug. 1. This early date underlines the growing urgency to change our unsustainable consumer behavior.
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Vista to review strategic alternatives, shareholder meeting postponed
The Board of Directors of Vista Outdoor wants to examine strategic alternatives for the future of Revelyst and The Konetic Group – and is postponing the shareholders’ meeting once again.
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4 Sustaining Members celebrate 10 years with EOCA
EOG, Keen, Nikwax and Pertex have maintained their Sustaining Membership with the European Outdoor Conservation Association for the last 10 years.
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US non-profit Camber Outdoors shuts down operations
The organization, founded in 1996 to support outdoor industry partners in implementing best practices in DEI in the workplace, will discontinue operations in August 2024.
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Two years of the Traceability Program: Tatonka believes in transparency
Since June 2022, the German family business has been disclosing all suppliers, manufacturing steps and transport routes of its products in detail.
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USA: PFAS regulations pose challenges for industry brands
The rapidly evolving regulatory landscape surrounding per- and poly-fluoroalkyl substances (PFAS) presents significant challenges for industry brands. Experts from Buchalter law firm and Exponent, a science and engineering consulting firm, highlighted these issues during the US Sports and Fitness Industry Association’s (SFIA) “Navigating PFAS Regulations” webinar on July 18. According ...
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Swedish sports retail sees 2.5% decline in Q2 sales, bicycle sales on the rise
While Swedish sports retail in general has declined for the tenth consecutive quarter in Q2 of 2024, bicycle sales appear to be recovering, growing by an impressive 10% compared to the previous quarter.
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News briefs
Gridiron Capital sells GSM Outdoors to Platinum Equity
The Connecticut-based investment firm announced the signing of a definitive agreement to sell its majority interest in GSM Outdoors to a California-based private equity firm.
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Nite Ize secures rare USPTO shape trademarks
The Colorado-based manufacturer of solution-based products has secured two rare 3D design marks from the USPTO for its stainless steel and plastic S-Biner Dual Carabiner.
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YKK achieves 56.2% reduction in greenhouse gas emissions
The Japanese company has reported a significant reduction of its greenhouse gas emissions in Scope 1, 2 and 3 emissions for FY2023.
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Better Cotton appoints new co-chairs and members to council
The sustainability initiative Better Cotton, based in Switzerland and the UK, has announced the appointment of two new co-Chairs and five new members to its Council. The new co-Chairs are Bill Ballenden, a newly elected member and Head of Sustainability and Innovation at Louis Dreyfus Company Cotton, and Tamar Hoek, ...
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Wintersteiger tests fully automated bike wash system in Vienna
At the end of last year, Austrian company Wintersteiger Sports placed one of its fully automatic bike washing systems at the University of Applied Sciences Vienna for public testing – primarily to gain experience of usage behavior in collaboration with students. The insights have been incorporated into the further development ...
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News briefs
Rivian’s Sustainability Director to head The Conservation Alliance
Paul Hendricks is the new Executive Director of The Conservation Alliance, a US-based coalition of like-minded member organizations working to protect wilderness and natural areas.
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The first trail running shoe with a recyclable sole
Source: @margauxlemap Salomon Vision Salomon has unveiled the Vision, the first partially recyclable trail running shoe. It combines Salomon’s experience in trail running with the knowledge gained from the Index running shoe series. The result is a fully functional trail running shoe with a sole unit that ...
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Helen of Troy facing distribution facility problems
Helen of Troy is under increased scrutiny regarding the progress of its restructuring plan, particularly the functionality of its recently opened distribution center in Galloway, Tennessee.
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CSG increases purchase price for The Kinetic Group to $2.15bn
CSG increased the base purchase price for acquiring The Kinetic Group business by $50 million to $2.15 billion, while Vista Outdoor reaffirms its FY25 outlook and reports preliminary Q1 results.
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Brand-neutral Sidas Academy grows, congress this fall
The Sidas Academy training and education program is growing, and the Bootfitting Congress will take place this September.
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Sidi Sport signs ‘Business for People and Society’ manifesto
Sidi Sport supports the manifesto “Business for People and Society,” drawn up by the UN Global Compact Network Italy, the local network of the UN Global Compact, the world’s largest sustainability initiative for companies.