This is how the sporting goods industry deals with CSR & Sustainability – Page 36
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News briefs1% for the Planet publishes 2021 annual report, grows in members and donations
In its 2021 annual report, 1% for the Planet looks back at the environmental projects carried out worldwide and provides insight into its financial situation. In 2021, the network saw growth in members, certified donations and supported nonprofits. Specifically, the organization reported a 25 percent increase in corporate members, resulting ...
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ArticleTextile waste allegedly used as fuel for brick kilns in Cambodia
Unearthed, a subsidiary of Greenpeace, has issued a new report, stating that off-cuts from Cambodian textile factories mixed with wood are being used to fuel brick kilns on a large scale. The kilns need to stay fired for several days at a temperature of 650° C to burn the clay ...
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News briefsSLF introduces new system to improve transparency
The Sustainable Leather Foundation (SLF) has rolled out a system that is newly connecting dynamic QR codes and SLF partner profiles with individual company websites, the SLF website and the respective company’s personal transparency dashboard. The new network aims to create a holistic transparent approach for the ...
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News briefsPangaia launches first capsule collection with recycled textile dyes
Named “re-color,” a new textile capsule launched by materials specialist Pangaia is premiering colors extracted from textile waste. Utilizing new technologies from different industries, Pangaia is working towards full circularity. The dyeing technology for the re-color capsule makes use of clothing unsuitable for fiber recycling, offering the possibility to integrate ...
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News briefsLimeLight partners with Carbon Char Store to achieve carbon-neutral events
LimeLight Sports Group (LSG), the U.K.-based producer of multisport and running events, has teamed up with carbon removals platform Carbon Char Store in what is described as “an industry-first collaboration.” The event organizer is committing to all LSG Club-owned events being carbon neutral by 2023. The innovative collaboration aims to ...
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News briefsAdidas supplier NTX closes $200 million funding round
The textile technology company NTX, based in Singapore and Shanghai, has completed the funding of nearly $200 million in a C2 financing round led by Centurium Capital, with additional contributions from existing shareholder NRL Capital. Index Capital served as the exclusive financial advisor. According to a company release, the funding ...
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![Cara Delevingne supporting Conference of the People, powered by PUMA on 6th Sept 22[2]](https://d1f00kj7ad54bu.cloudfront.net/Pictures/100x67/8/4/1/17841_caradelevingnesupportingconferenceofthepeoplepoweredbypumaon6thsept222_127218_crop.jpg)
ArticlePuma to host event to discuss solutions for a more sustainable fashion industry
Puma plans to discuss solutions to some of the fashion industry’s most pressing sustainability issues, including waste, materials and climate change, at an event in London on Sept. 6 that will be digitally streamed around the world. The “Conference of the People” will feature industry peers, activists, ...
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News briefsFoot Locker releases updated report on LEED initiative
Foot Locker has released its second annual progress report detailing its efforts to support the Black community globally. The Leading Education & Economic Development (LEED) Initiative, launched in June 2020, is the company’s $200 million commitment to the Black community. Through the end of FY21, Foot Locker says it has ...
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ArticleGerman trade show industry aims to be climate neutral by 2040
”The German trade show industry will be climate neutral by 2040,” claimed a press release from AUMA (German Association of the Exhibition and Trade Show Industry) this week. According to the statement, by 2025 at the latest, German trade shows will be powered by 100 percent green electricity. As early ...
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News briefsAbout You, Yoox Net-A-Porter and Zalando team up on climate action learning platform
About You, Yoox Net-A-Porter and Zalando are joining forces on a bespoke learning platform to support their brand partners in setting climate targets aligned with science, intending to reduce their greenhouse gas emissions. The customized program, designed to explain the value and process of climate targets, will be available to ...
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News briefsYouGov: Sustainability in retail is important to 25% of Germans
The trend toward greater sustainability in times of climate change is increasingly coming into focus in the retail and consumer goods industries. For every fourth German (25%), sustainability in retail is one of the most important aspects. This is shown by data from the YouGov Profile Peek “Sustainable Retail,” which ...
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News briefsRebag now also sells Adidas, Yeezy, Nike, Jordan
Luxury re-commerce platform Rebag is now offering shoes and apparel on its platform in addition to bags, watches and jewelry. This includes products from the Adidas, Yeezy, Nike and Jordan brands. “Shoes have been one of the top requests, so of course, we listened. We applied Rebag’s meticulousness for sourcing ...
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News briefsSafilo Group joins The Fashion Pact
Safilo Group has joined The Fashion Pact, a global sustainability coalition of companies in the fashion and textile industry, the company announced earlier this week. According to its website presentation, The Fashion Pact was launched at the G7 Summit in Biarritz, France, in 2019 as a mission given to Kering ...
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News briefs
Northwave's sales up 34% for 2021
Northwave, the Italian specialist in cycling and snowboarding footwear and accessories, exceeded its expectations for 2021, posting a 34 percent rise in revenues to €35.6 million. Export sales topped 85 percent, the main foreign markets being Germany, Italy, Spain and France. Management is looking to countries outside Europe for future ...
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ArticleMcKinsey study on textile waste recycling sees economic potential, points out bottlenecks
In a new online study, consulting firm McKinsey looked at the current state of textile recycling in Europe – and sees the potential to achieve a significant amount of fiber-to-fiber recycling in Europe by 2030. There are several hurdles to overcome along the way, including textile collection, sorting and pre-processing, ...
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News briefsZalando signs Four Paws’ letter of intent for mulesing-free wool
The animal welfare organization Four Paws has announced a new signing of the letter of intent to move away from mulesing sheep’s wool. Retailer Zalando has joined the campaign, pledging to phase out its offerings of wool products that are not mulesing-free. The campaign calls for a complete shift away ...
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News briefsDecathlon and Intersport setting up recycling bins
Decathlon and Intersport are setting up bins in their stores in which customers can deposit used sporting goods (textiles excluded), for recycling or other secondary use, according to the French financial paper Les Echos. Both retailers have joined the network of a non-profit organization called Ecologic, and their full system ...
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News briefsCarbios signs two-year contract with On, Puma, Salomon, Patagonia for circularity research
The French biorecycling provider Carbios has signed an agreement with On, Patagonia, Puma and Salomon to develop solutions aiming to enhance the recyclability and circularity of the brands’ products. The consortium wants to speed up the introduction of Carbios’ biorecycling technology and research how entire products can be recycled easier, ...
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News briefsRossignol wins award for highly recyclable ski
Rossignol has won Union Sport & Cycle’s Ecosport Award in the circular-economy category for its Essentiel ski. A limited edition due out this autumn, the Essentiel is designed with “recyclable, natural, labeled and biosourced” materials, and few of them at that. The result, says the French brand, is more than ...
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News briefsU.S. startup AlgiKnit secures $13 million in Series A funding
AlgiKnit, a North Carolina-based startup with secondary offices in New York City that develops sustainable textiles from seaweed, has received $13 million in a Series A financing led by Collaborative Fund. New investors include H&M CO:LAB, the investment arm of Swedish apparel retailer H&M Group, Starlight Ventures and Third Nature ...
