All articles by Wolfgang Greiner – Page 31
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Article
The Lycra Company and Qore get support from Dairen Chemical
The Lycra Company announced the signing of a letter of intent with Dairen Chemical Corporation (DCC) to convert Qira – a brand of BDO (1,4-butanediol) – into environmentally friendly PTMEG, the main ingredient in its patented bio-derived fiber Lycra. Dairen will be the first company in the world to produce ...
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Article
Isbjörn has the highest second-hand value among kids’ brand
In a new independent study by Tradera.com, Sweden’s largest online marketplace for the circular economy, Swedish premium and sustainable outdoor children’s clothing brand Isbjörn has the highest second-hand value on the circular market. Tradera looked at the number of online searches, items sold, average prices and sales ...
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News briefs
Lowa’s 2023 financial results stable despite weaker demand
Lowa’s production volume has been stable in the past financial year despite weaker market demand and delays due to introducing new IT systems in production. In its 100th year, the German hiking and mountaineering boot specialist, part of the Italian Tecnica Group, sold around 3.06 million pairs of shoes, roughly ...
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2023: Vaude reduces global CO2 emissions by 30%
According to its 2023 CO2 emissions chart, Vaude has reduced its global greenhouse gas emissions by almost one-third compared to the reference year of 2019, while the company’s turnover increased significantly in the same period. Vaude thus shows that it is possible to decouple resource consumption from corporate growth and ...
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Article
IGOT awards funding to youth projects in eight countries
Grassroots projects from eight different countries have been awarded funding that will help get young people active in the outdoors. The It’s Great Out There Coalition (IGOT) has revealed details of the recipients of the latest #itsgreatoutthere grants, providing €32,000 of support to initiatives in Montenegro, France, Slovenia, the United ...
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Article
Revelyst sells ammunition brand
Revelyst, a Vista Outdoor Inc. company, has announced the sale of RCBS, the company’s reloading brand based in Oroville, California, to Hodgdon Powder Co. Inc, a Shawnee, Kansas-based supplier of smokeless propellants and black powder substitutes. RCBS is a leading manufacturer of ammunition reloading devices for hunters, competitive shooters and ...
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Article
REI posts $3.76 billion in revenue in 2023, but loses $311 million net
US specialty outdoor retailer REI Co-op released its impact report and financial results for 2023 on April 30. The year closed with $3.76 billion in net sales and nearly $270 million invested back into the co-op community. Net sales were down 2.4 percent from 2022, and the co-op reported a ...
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Article
Hyosung develops certified sugar cane-based spandex with biotech partner
South Korea’s Hyosung TNC, the world’s largest manufacturer of spandex, has partnered with San Diego-based biotechnology company Geno to to begin construction of facilities to produce Bio BDO at its plant in Vietnam. The plant is expected to be operational in the second quarter of 2026. The project is a ...
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Article
New Patagonia documentary explores the era of cheap clothes trash
Patagonia recently released its new film, “The Shitthropocene.” The 45-minute documentary is a humorous, thought-provoking anthropological observation of people’s consumer habits. The film takes a satirical yet brutally honest look at how everything in the clothing industry has turned to “shit” over time and why the urge to buy more ...
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Article
La Sportiva opens first US retail store in Colorado
Italian mountain sports brand La Sportiva celebrated its first retail store in the US with a Grand Opening event in Boulder, Colorado, on April 18-19. The new location at 2100 Broadway has been open to the public since Jan. 2, 2024. The Grand Opening helped underscore the brand’s commitment to ...
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Article
REI Path Ahead Ventures recognizes 16 emerging US outdoor companies
REI Path Ahead Ventures has announced that 16 emerging companies have completed the Embark program, a three-month curriculum developed in partnership with Founded Outdoors to help founders of color in the U.S. turn their early-stage ideas into viable businesses. The Embark program is part of REI Path Ahead Ventures, the ...
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Article
Strava appoints new CPO and CTO
Strava, the connected fitness subscription platform with more than 125 million athletes, has appointed two new executives: Matt Salazar as Chief Product Officer and Rob Terrell as Chief Technology Officer. Both bring extensive experience in successfully scaling global product portfolios, leading organizations through integral growth phases and cultivating high-growth communities. ...
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Revelyst hires supply chain and operations executive
Source: Revelyst Joe Beck While Vista Outdoor is still working to shape its future in the best interests of its shareholders, Revelyst, the former outdoor products segment of Vista Outdoor Inc., has announced the appointment of Joe Beck as its first Chief Supply Chain Officer, effective 22 ...
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Arc’teryx announces new climate targets, including net zero by 2050 – or sooner
Source: Arc’teryx Climate Goals Arc’teryx has announced ambitious new science-based climate targets, taking a further step in its ongoing commitment to sustainability. This includes the brand’s first-ever net zero target. These new science-based targets represent a revision of the brand’s original emissions intensity-based targets set for 2020. ...
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Article
Lycra launches campaign for new bio-derived Lycra fiber
Source: The Lycra Company The Lycra Company launched the “FashionFarmers” campaign on Earth Day to highlight the company’s plans to bring industrial quantities of Lycra, a bio-derived fiber made with Qira, to the market US fiber and technology solutions specialist The Lycra Company launched an integrated media ...
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News briefs
Globetrotter opens additional store repair shops in Stuttgart and Cologne
German outdoor retail chain Globetrotter opened another care and repair service workshop in Stuttgart on the occasion of Earth Day on April 22. On May 6, the largest repair workshop to date will open in Cologne. “We are very proud that with the new workshops in Stuttgart and Cologne, 17 ...
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News briefs
New CFO at Lowa
As of April 1, 2024, Klaus Flock is the new Chief Financial Officer (CFO) of the German outdoor footwear specialist Lowa Sportschuhe GmbH. Flock joins Managing Director Alexander Nicolai and International Sales Manager Matthias Wanner as part of the Lowa management team. The previous commercial director, Rudi Limmer, will retire ...
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Article
Vista Outdoor leaves option open to sell to MNC for higher price
The uncertainty surrounding the future of Vista Outdoor, respectively Revelyst and The Kinetic Group, continues as the company officially confirmed on April 22 that it has resumed negotiations with Montréal-based MNC Capital in connection with the unsolicited expression of interest dated March 25, 2024, in which MNC indicated it was ...
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Mammut rewards employees for successful CO2 reductions
Mammut’s self-imposed CO2 reduction targets (Mammut’s sustainability principles and activities can be found here) are now becoming an important factor in the performance-related remuneration of the Swiss mountain sports company’s approximately 800 employees, as for the first time, Mammut’s CO2 performance will be included in the calculation of the annual ...
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Article
Haglöfs reduces CO2 emissions in 2023 with the help of the economic situation
In its latest sustainability report for 2023, Swedish outdoor brand Haglöfs shows that the 62 percent decrease in CO2 emissions compared to the previous year is not necessarily due to its continued concrete actions to reduce emissions but primarily due to the complex macroeconomic environment of the year, which led ...