All about manufacturing for the sporting goods industry – Page 3
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News briefsGrowth stalls in production of Spanish sporting goods
According to the preliminary figures of the National Statistical Institute (INE), Palco23 reports, Spain’s industry production index (IPI) for sporting goods has dropped by 13 percent year-on-year for June. This marks the end of a nine-month streak of growth. A consecutive six of those months – December (70.1%), January (43.2%), ...
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News briefs
Bangladesh’s garment manufacturers ask IMF for support to achieve export target
According to an article on the Indian news website Daily Sun, the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has appealed to the International Monetary Fund (IMF) for support to achieve the country’s garment industry’s strategic vision of reaching $100 billion worth of garment exports by 2030. BGMEA president Faruque ...
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ArticleItaly’s sports economy contributes €24.5 billion to national GDP, a 1.9% increase
The contribution of the sports economy to Italy’s gross domestic product (GDP) is around €24.5 billion, namely 1.37 percent of the country’s total GDP, and a workforce of 420,000 people, according to a recent report by Istituto per il Credito Sportivo (ICS). The study titled Il PIL dello sport. La ...
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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 briefsNew director of sales for Outlast USA and Canada
Source: Outlast Nick Lane Outlast Technologies GmbH, the German company specializing in thermal management technical materials, announced the addition of Nick Lane as its new director of sales for the U.S. and Canada, effective July 1. Lane has over 10 years of experience in technical textiles and ...
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News briefsFanatics signs college licensing agreement with Nike
Sports retail platform Fanatics is entering into a long-term partnership with Nike to produce fan gear for college sports. The partnership includes a collaboration with Fanatics’ college division, which already works with most Nike-sponsored colleges and universities. Beginning by mid-2024, Fanatics will produce nearly all Nike fan apparel for many ...
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News briefsPeloton exits own manufacturing, shifts to third-party provider
Peloton Interactive announced that it will discontinue all of its own manufacturing operations and expand its current relationship with leading Taiwanese manufacturer Rexon Industrial Corp, a Taiwanese manufacturer with over 50 years of experience. The move is the next step in Peloton’s strategy to cut costs, simplify its supply chain ...
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ArticleClosed paper mill in Finnish Lapland becomes Infinited Fibers' new factory
After talking earlier this year of plans (as reported by our sister publication, The Outdoor Industry Compass) to invest some €220 million in a new regenerated textile fiber factory – though no site had reportedly been found at the time – fashion and textile technology company Infinited Fiber Company now ...
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ArticleIEEFA study shows high pressure on Vietnam’s industry to move to renewable energy sources
Since the Vietnamese economy largely relies on the export-dependent manufacturing industry, the country is more exposed to multinational corporations and the global consumer market than any other developing Southeast Asian country says a newly released paper by the Institute for Energy Economics and Financial Analysis (IEEFA). The organization has studied ...
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News briefsElan sets 2030 sustainability goals
Ski company Elan has üublished its efforts in the area of sustainability. As the company still manufactures all its skis at its headquarters in Begunje, Slovenia, with all production phases conducted vertically, the company claims to be able to control and tweak wherever necessary. Since earlier this year, the energy ...
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ArticleRussian import-replacement campaign faces difficulties
The Russian Industry and Trade Ministry has rolled out a 700 million rubles (€9.5m) program to support the import-replacement trend in the domestic sporting goods market. The authorities plan to encourage local companies to replace sportswear, sporting gear and athletic apparel, which are expected to be in short supply due ...
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News briefs
Euratex establishes new EUTI initiative to support connections to and from the Ukrainian textile sector
The European apparel and textile confederation Euratex has launched an initiative to support the Ukrainian textile and apparel sector by mentoring and supporting economic, industrial and trade relations between EU and Ukrainian companies: the EU-Ukraine Textile Initiative (EUTI). The project seeks to facilitate cooperation between the market players by offering ...
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News briefs
Alpex acquires NT Majocchi
Alpex Protection has acquired NT Majocchi, an Italian developer of performance textile solutions for sports and work apparel based in Tavernerio, near Como. Alpex is a French technical textiles manufacturer headquartered in Saint-Chamond, in the Loire department. InnovaFonds, an independent management company, acquired a majority stake in Alpex in October ...
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News briefsNew Balance opens fifth North American factory
New Balance has opened its 80,000-square-foot “Factory of the Future” in Methuen, Mass. for production of its Made 990v5 model. The Methuen plant, which underwent a roughly $20 million renovation, is the company’s fifth factory in North America. All five factories contribute to the production of “New Balance Made” sneakers, ...
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News briefsArchroma offers metal-free black and navy dyeing solutions for polyamide
Source: Archroma Archroma launches long-awaited metal-free* and halogen-free* Nylosan® S navy and black colors for sportswear Swiss specialty chemicals provider Archroma, based in Pratteln, has added two new metal-free and acid-free acid dyes into its Nylosan S range. Nylosan Navy S-3R and Black S-3N were specially developed ...
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ArticleChina’s worst Covid outbreak since Wuhan is the next threat to the supply chain
Even before the initial problems caused by the pandemic could be solved, the war in Ukraine created new ones. And now, despite all precautions, the Omicron BA mutant of Covid-19 is spreading rapidly in China. The epicenter of infection was the northeastern province of Jilin, on the border with North ...
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News briefsDecathlon partners with GIZ on sustainability efforts in Vietnam
Decathlon and the German Development Agency (GIZ – Deutsche Gesellschaft für Internationale Zusammenarbeit) will be collaborating this year on two joint initiatives to reduce the environmental impact of Vietnam’s garment and textile factories. The two joint projects are “Climate Protection through Sustainable Bioenergy Markets in Vietnam” (GIZ BEM) and “Fostering ...
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ArticleSri Lanka’s apparel exports in January set 5-year record
Sri Lanka’s January 2022 apparel exports reached the highest level for that month in the last five years. This performance demonstrates the underlying strength of the industry, which has recovered from ongoing shocks from the impact of the pandemic over the past two years. Sri Lanka’s garment export revenue increased ...
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News briefsSpain’s sporting goods production continues to grow
The production of sporting goods in Spain recorded a 70 percent increase in December 2021 as compared to the same month of 2020, based on provisional data from the Spanish Statistical Office (INE). The performance also marks the fourth consecutive month of growth in the sector’s industrial production index (IPI). ...
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News briefsCollapsed textile factory: Rana Plaza trial continues
For five years, the trial surrounding the collapse of Rana Plaza in Bangladesh was suspended, but now it is to resume on Feb. 16. The eight-story Rana Plaza factory building collapsed on April 24, 2013, killing more than 1,100 people. It housed several textile and other companies, and clothes were ...
