All articles by Wolfgang Greiner – Page 10
-
ArticleRecord year for Groupe Rossignol
After a strong upswing in fiscal 2021/2022 with sales of €313 million, Groupe Rossignol reported exceedingly strong growth of 28 percent and sales of €401 million for fiscal 2022/2023, which ended March 31, 2023. Established 116 years ago in the French Alps, Groupe Rossignol is now known and respected worldwide ...
-
ArticleFirst Intersport flagships open in Germany
Engelhorn Sports in Mannheim, L&T in Osnabrück and Sport Reischmann in Kempten and Ravensburg are the first four German sports retailers to operate under the new Intersport flagship concept, for which a new Intersport logo in an exclusive color scheme was created. With the new concept, Intersport Germany says it ...
-
ArticleHDE calls on EU to take more cues from German supply chain law
On the occasion of the European Parliament’s Legal Affairs Committee voting in favor of the current compromise text on the EU Supply Chain Act (Corporate Sustainabilitiy Due Diligence Directive), the German Retail Association (Handelsverband Deutschland, HDE) has raised the alarm that the proposed supply chain regulation will overburden small and ...
-
ArticleKlarna launches resale function and more to mark 18th anniversary
Payment and shopping service provider Klarna has unveiled a number of new innovations on the occasion of its 18th anniversary. The new products include the new Klarna app and smart shopping features that help consumers find and resell the perfect items. With the Klarna app’s new AI-driven shopping feed, consumers ...
-
ArticleCanada Goose with five new executives to drive strategic growth plan
Canada Goose announced five new appointments to its leadership team, all effective immediately, aligned to its recently unveiled five-year strategic growth plan. The Canadian company appointed Matt Blonder as the brand’s first-ever chief digital officer; Juliette Streichenberger as president of CGAG and Europe, the Middle East and Africa (EMEA); Ana ...
-
ArticleAdidas wants to win back China with "patriotic products"
A few years ago, China was a promising market for Adidas because the country’s middle class was growing and the margins for Adidas were particularly strong. The brand with the three stripes was one of the most popular Western brands in China. As early as 2008, Adidas opened its (then) ...
-
ArticleDyStar shuts down German plant
Singapore-based specialty chemicals company DyStar has announced plans to “restructure” its plant in Ludwigshafen, Germany, in response to changing business conditions and market changes. The plant, inherited from the company’s founders, who started indigo research and production more than 125 years ago, has been an integral part of DyStar’s global ...
-
ArticleAdidas announces 96% of polyester used is now recycled
One day before Earth Day 2023, Adidas published a press release announcing a new “Personal Best” milestone in the brand’s journey towards replacing virgin polyester: 96 percent of all polyester used in Adidas products is now recycled polyester. The company said that the achievement of the ambition that Adidas first ...
-
ArticleHanesBrands launches global sustainability pledge for its employees
HanesBrands Inc, the owner of Champion, has released its 2022 Sustainability Summary Report, highlighting significant achievements in the areas of People, Planet and Product, and in creating more sustainable products. “HanesBrands continues to build on our leadership position in sustainability by improving the lives of people, protecting ...
-
ArticleFootway sees sales drop in Q1, but grows internationally
Several Swedish media outlets have reported on Footway Group’s first-quarter figures, which show that the Swedish e-commerce group’s sales fell 7.9 percent year-on-year to SEK 215.9 million (€19.08m). Operating profit (Ebitda) for the quarter was SEK -24.5 million (-€2.17m), an improvement from SEK -71.2 million a year earlier. According to ...
-
ArticleVuori adds four new executives
Founded in 2015 by current CEO Joe Kudla, U.S.-based activewear brand Vuori has hired four executives, three of them to newly created positions. Some of the new hires joined the company last year but were not officially announced until now. Libby Stockstill joined the company in March as general counsel ...
-
ArticleSafeSize appoints former IIC executive as chief commercial officer
Source: SafeSize Martin Kempkes with SafeSize scanner Retail tech company SafeSize announced the appointment of Martin Kempkes as chief commercial officer, effective April 3. Kempkes is responsible for leading the company’s business development and sales strategy, as well as ensuring operational excellence, focusing on strengthening the company’s ...
-
ArticleNew Sport 2000 brand replaces all previous exclusive labels
With the start of the Spring/Summer 2023 season, Sport 2000’s new Witeblaze brand – announced last summer – was delivered to retail partners for the first time. It combines several product ranges under one roof and has thus replaced all previous exclusive brands of the affiliated group. According to Sport ...
-
ArticleShareholder class action filed against Allbirds
Due to a 96 percent drop in its stock price compared to its fourth-quarter 2021 highs, an Allbirds shareholder has filed a lawsuit in the Northern District of California against the environmentally conscious footwear maker, accusing the company of providing false and misleading information in its November 2021 IPO prospectus ...
-
ArticleWintersteiger Group grows 33% in 2022
Austria’s Wintersteiger Group reported a 33 percent increase and a record result of €223 million in sales for 2022.
-
ArticleRopeway and alpine technology industry meets at INTERALPIN
The world’s leading trade show for alpine technologies, all key players and technology leaders of the global ropeway and alpine technology industry will present their product innovations at INTERALPIN 2023 from April 19-21. In addition, the issues of product positioning, marketing and digitalization will be addressed to an even greater ...
-
ArticleTrusTrace partners with Kharon to optimize forced labor risk management
The Uyghur Forced Labor Prevention Act (UFLPA) and similar laws developing globally are driving companies to significantly improve their ability to identify forced labor in the supply chain. TrusTrace, a global SaaS company operating a product traceability and compliance platform, announced a strategic partnership with Kharon, a provider of research ...
-
ArticlePuma empowers young people through new sustainability initiative
Puma aims to further develop its sustainability strategy by including young people’s perspectives and recommendations. The project, called Voices of a Re:Generation, begins with a year-long collaboration between Puma and four young environmentalists from Europe and the U.S. who will have the opportunity to actively shape the strategy. As part ...
-
ArticleAuthentic entering “next phase” of Boardriders acquisition
After making a binding offer for the group in late March, Authentic Brands Group announced that it has entered the “next phase” of its acquisition of Boardriders, the owner of the Quiksilver, Billabong, Roxy, DC Shoes, RVCA, Element, VonZipper and Honolua brands, with the signing of a definitive agreement. “We ...
-
ArticleArena with best financial result in 50-year history
According to Fashion Network, Italy-headquartered international swimwear brand Arena, owned by Swiss investment company Capvis since 2014 and celebrating its 50th anniversary in 2023, has reported historic financial results for 2022. The company generated record sales of €141 million, up 45 percent from 2021 and up 13 percent from before ...
