This is how the sporting goods industry deals with CSR & Sustainability – Page 31
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News briefs
Amazon to adopt green hydrogen
Amazon has signed an agreement with Plug Power to supply 10,950 tons per year of green hydrogen for its transportation and building operations, starting in 2025. The move is part of Amazon’s efforts to meet its Climate Pledge commitment to be net-zero carbon across its operations by 2040. Amazon co-founded ...
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News briefs
BKMEA and Stitch sign MoU to ensure gender sensitive workplace and fair price
With a new memorandum of understanding (MoU) signed by the Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) and Stitch, the associations express their aim to ensure gender-sensitive workplace and fair prices from apparel and footwear buyers. Part of the new project is the implementation of the Fair Price App, a ...
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Article
Reducing energy costs in European retail: a colder, darker winter
With energy prices skyrocketing and the need to replenish gas reserves before winter, everyone is doing their part, and global energy conservation measures have already been taken in the retail sector. While customer service and satisfaction are top priorities in retail, stakeholders may be reluctant to engage in actions that ...
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News briefs
Rothy’s and Evian launch tennis capsule made with recycled bottles
Rothy’s has partnered with Evian, a Danone water brand, on the launch of an exclusive tennis-inspired capsule collection made with repurposed Evian water bottles. Rothy’s and Evian collected approximately 72,000 Evian bottles from the US Open last year in New York and transformed them into a limited-edition capsule collection, using ...
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Article
Trans-Textil introduces water-based, breathable and waterproof functional layers
Trans-Textil, a German developer and manufacturer of functional textiles, presented its Topaz Purable functional systems based on aqueous technologies to a wider trade audience for the first time this summer at Techtextil in Frankfurt. The company completely eliminates the use of organic solvents in production. In combination with its PFC-free ...
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News briefs
Marimekko launches marketplace for second-hand goods
The Finnish lifestyle design company Marimekko is launching a digital, community-driven marketplace for vintage and second-hand goods, called Marimekko Pre-loved. The launch is scheduled for Aug. 25. The platform is built in collaboration with the resale technology specialist Archive. To celebrate the launch, Marimekko will release a special selection of ...
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News briefs
Mycel Project closes $10m financing round for new production facility
The South Korean biomaterials start-up company Mycel Project, a spin-off of the Hyundai Motor Group, has just closed a new pre-Series A funding round, raising a total of $10 million. Six main investors (a Hyundai Motor fund among them) are now involved in the company funding, most of them based ...
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News briefs
FIFA and Pacific Islands Forum Secretariat launch plan to implement their climate change partnership
FIFA and the Pacific Islands Forum Secretariat (PIFS) have jointly launched a 12-month plan to turn their climate change partnership into concrete action. In April, FIFA and PIFS signed a two-year memorandum of understanding (MoU) during the FIFA Congress in Doha, Qatar, which focused on using football diplomacy to educate ...
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News briefs
Shoe repair service launches at Veja’s Berlin store
On Sep. 1, the sneaker repair shop opens in the newly opened Veja store in Berlin-Mitte. From now on, not only Veja sneakers but also shoes of other brands can be repaired and cleaned here. The store is located at Alte Schönhauser Str. 42, is open Monday through Saturday from ...
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Article
Women’s football in Europe to grow sixfold in commercial value by 2033
UEFA has launched a new report highlighting the potential for growth in the European women’s club and league game over the next decade. According to the report titled The Business Case for Women’s Football, women’s football could see a six-fold increase in its commercial value over the next decade, reaching ...
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News briefs
Dubai’s F5 Global to open first international pop-up in London
F5 Global, a sustainable athleisure brand based in Dubai, has announced the opening of its first-ever international pop-up store. It will be open in London at 58 Oxford Street on Aug. 22-28. F5 Global’s pop-up will sell the brand’s signature sustainable athleisure collection for adults and children, which includes hoodies, ...
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News briefs
1% 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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Article
Textile 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 briefs
SLF 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 briefs
Pangaia 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 briefs
LimeLight 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 briefs
Adidas 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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Article
Puma 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 briefs
Foot 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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Article
German 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 ...