More on CSR and Sustainability – Page 24
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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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Article
McKinsey 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 briefs
Zalando 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 briefs
Decathlon 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 briefs
Rossignol 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 briefs
U.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 ...
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News briefs
YouGov survey examines sports fans’ attitudes in 51 countries
A new, free whitepaper released by market researching company YouGov titled “uncovering the socially responsible sports fan” has been conducted in 51 countries around the world to learn more about the social and environmental attitudes of sports aficionados. In the report, YouGov Sport aims to help understand the impact of ...
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Article
Puma's top female footballers talk about “She Moves Us” ahead of Women’s Euro Championship
Several well-known female footballers spoke candidly about the sacrifices and challenges of being a female professional in a “She Moves Us” video talk for sports brand Puma: “I’ve had to challenge male standards just by being a football player. I think most people in the world see it as a ...
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Article
Asics releases sustainability report
Asics Corp. has released its 2021 Sustainability Report, which outlines the company’s progress towards medium- and long-term sustainability goals. This was the first year working towards its targets for 2030 and 2050, which were set in 2020. The headline results for 2021, as defined by the company, ...
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News briefs
Puma and Sympatex start product partnership
Improving the recyclability of products is one of the goals Puma has set out in its sustainability report, as is a reduction in its carbon footprint. As part of the evolution of the company’s strategy, the German brand has now partnered with materials provider Sympatex to develop and use more ...
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News briefs
Decathlon to help provide certified training in sales and repair
In September, to meet what it calls the demands of “urban mobility,” Decathlon will be inaugurating 17 apprentice training centers (CFA) for bicycle repair and sales throughout France. Established in partnership with the AFPA – which began certifying workers in 1949 to help rebuild France after the Second World War ...
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News briefs
Norwegian authorities ask retailers to disclose microplastic emissions of garments in Norway
Citing a little-known Norwegian law, Norwegian citizen and activist Axel Klanderud has called on authorities to force retail companies Anton Sport and Intersport (both part of Sport Holding AS) to be transparent about the microplastic emissions generated by the sale of their products in the country. The following verdict was ...
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News briefs
Pangaia and Spiber launch sweatshirt made from brewed protein fibers
Pangaia has released a limited-edition sweatshirt, made in partnership with Japanese biomaterials manufacturing group Spiber, featuring biotech Brewed Protein fibers and organic cotton. Spiber’s Brewed Protein materials are made from plant-derived biomass using a proprietary fermentation process. Brewed Protein polymers can be transformed into various forms, from delicate filament fibers ...
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News briefs
Planetics with new marketing director
Source: LinkedIn / Planetics Melanie Hüttenberger Planetics, the German online marketplace for sustainable and fairly produced sporting goods, announced on LinkedIn that Melanie Hüttenberger joined the company as its new marketing manager on June 1. Hüttenberger has more than 20 years of experience in PR and marketing, ...
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News briefs
Speedo launches swimwear collection made from recycled materials
Speedo has launched Eco, a swimwear collection that contains up to 82 percent recycled materials. The collection expands Speedo’s eco-friendly offering with the introduction of two new fabrics made from recycled yarn, Eco Endurance Plus and Eco Endurabrite. Eco Endurabrite is made from 82 percent recycled plastic bottles and marine ...
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Article
IEEFA 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 briefs
Icebug stays true to promoting a sustainable lifestyle as sales and profits rise
The Swedish footwear brand Icebug generated a 37.8 percent increase in annual net profit to 22.83 million Swedish kronor (€2.18m) for the 12 months ended Feb. 28 compared to SEK 16.6 million in the prior year. The financial year profit margin was 9.9 percent as total yearly revenues grew 38.9 ...
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News briefs
Notox launches surfboards made from upcycled carbon fiber and bio-resin epoxy
The French surfboard company Notox is partnering with the epoxy resin system supplier Sicomin and Airbus to create a line of “eco-surfboards,” using post-industry carbon waste from the Airbus production in Nantes. The new R-Carbon technology boards are made from end-of-roll pieces or defective carbon fabrics that ...
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News briefs
New UEFA Champions League finals ball with a message, auction for UNHCR
Adidas has unveiled the official match ball for the 2022 UEFA Champions League final, held in Paris on May 28. With the inscription “мир | PEACE,” the ball will not be available in stores as it takes one of the biggest stages in sports as an opportunity to unite the ...
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News briefs
Elan 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 ...