News Briefs – Page 358
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News briefs
Runners took part in the Inov-8 Descent Race on Austria's...
Runners took part in the Inov-8 Descent Race on Austria's Hanekamm mountain earlier this month. The annual event, organized by a local outdoor retailer, Georg Uberall, took place in the rain and turned Kitzbuehel's Steif slope into mud. The hill has an 80 percent gradient and is considered one of ...
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News briefs
Eurobike, the European bicycle trade show held every September in...
Eurobike, the European bicycle trade show held every September in Friedrichshafen, has developed what it claims is the cycling industry's first dedicated digital platform. Conceived by Scholz & Volkmer, an agency in Wiesbaden that develops systems for devices with screens, Eurobike Connect aims to supplant Google as the industry's main ...
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News briefs
Pure London is launching a new section dedicated to athleisure,...
Pure London is launching a new section dedicated to athleisure, called Pure Body. The new zone will make its debut at the next edition of the fashion trade show, which will take place at Olympia London on Feb. 9-11, 2020. Pure Body will complement the existing offering at the trade ...
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News briefs
The Federation of the European Sporting Goods Industry (Fesi) is...
The Federation of the European Sporting Goods Industry (Fesi) is backing the European #BeActive campaign, which promotes sport and exercise for healthier living. As part of the campaign, the European Week of Sport (EWoS), which ran from Sept. 23 to 30, saw the organization of thousands of events across Europe, ...
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News briefs
Patagonia opened a pop-up café at the Broadway Market, in...
Patagonia opened a pop-up café at the Broadway Market, in the Hackney area of central London, on Sept. 27 that has been hosting training courses for activism on the issue of climate change. Running until Oct. 17, the company's so-called Patagonia Action Works Café offered visitors a chance to “learn ...
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News briefs
The organizers of the European Outdoor Summit felt that its...
The organizers of the European Outdoor Summit felt that its seventh edition in Interlaken was “a resounding success,” although the number of delegates declined to just over 200 from 300 a year ago, when the highly dynamic Scandinavian Outdoor Group (SOG) played host. There is no similar industry association in ...
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News briefs
Adidas has launched Infinite Play, a new service that will...
Adidas has launched Infinite Play, a new service that will allow customers to exchange worn or unused gear for an e-gift card and Adidas creators club points instead of sending it to landfill. The initiative, available through the Adidas app, has been developed with The London Waste and Recycling Board ...
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News briefs
Burton Snowboards has become the first snowboarding company to obtain...
Burton Snowboards has become the first snowboarding company to obtain B Corporation certification from the B Lab, showing that the company is using its business “as a force for good” around the world. At last month's European Outdoor Summit in Interlaken, Donna Carpenter, co-founder of Burton, stated that the company ...
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News briefs
Newcastle United introduced new “sensory backpacks” at St. James' Park...
Newcastle United introduced new “sensory backpacks” at St. James' Park on Sept. 21, to assist supporters affected by autism. The packs, sponsored by First Class Supply, are available to supporters free of charge. The sensory backpacks contain ear defenders, a stress reliever, an activity pack and communication cards. These items ...
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News briefs
Lululemon and the United Nations Foundation have announced a new...
Lululemon and the United Nations Foundation have announced a new partnership on a program addressing the mental and physical health of United Nations (U.N.) development and humanitarian workers who serve on the front lines globally. Lululemon will commit $1 million over the next three years to Peace on Purpose, a ...
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News briefs
Craghoppers has added a “Best Social Impact” category to its...
Craghoppers has added a “Best Social Impact” category to its Craghoppers Film Prize, conferred annually in London at the Discover Film Awards on a short film that grapples with ethics, environmental protection or societal problems. The British outdoor apparel brand is also supporting the recent release of the Discover Film ...
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News briefs
This month, in keeping with its pledge in 2018 to...
This month, in keeping with its pledge in 2018 to phase out single-use, non-biodegradable plastics, Finisterre established a partnership with another British company, Aquapak, which manufactures water-soluble, recyclable, compostable and biodegradable polymers. Over the past 10 months, they have developed a dissolvable packaging that breaks down into non-toxic biomass in ...
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News briefs
Patagonia is one of the winners of a U.N. Champions...
Patagonia is one of the winners of a U.N. Champions of the Earth award. The outdoor clothing company has been recognized by the United Nations Environment Programme (UNEP) with the flagship environmental honor in the entrepreneurial vision category. Patagonia won for its “dynamic mix of policies that has put sustainability ...
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News briefs
Patagonia has announced that 100 percent of its waterproof shells...
Patagonia has announced that 100 percent of its waterproof shells are now made with recycled materials and sewn in Fair Trade Certified factories. This covers all 61 styles and product categories, from technical alpine and snowsports shells to kids and lifestyle.
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News briefs
A team of researchers at Aalto University in Finland has...
A team of researchers at Aalto University in Finland has developed an eco-friendly wax coating to make garments water-resistant. The treatment is said to be non-toxic while offering the necessary breathability and natural feel, according to the researchers. The new natural wax is obtained using carnauba wax, which is found ...
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News briefs
Foot Locker has invested $3 million in NTWRK, an e-commerce...
Foot Locker has invested $3 million in NTWRK, an e-commerce app that allows brands and celebrities to drop and sell their products through live “episodes” as consumers watch, chat and buy. The investment forms part of a series-A round of financing worth $10 million overall and co-led by Live Nation, ...
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News briefs
Four years after acquiring Runtastic for €220 million, Adidas is...
Four years after acquiring Runtastic for €220 million, Adidas is further integrating the app into its own e-commerce platform. Adidas is now using Runtastic to power its Adidas Running and Adidas Training apps, through which users will be collecting points and connecting to the Adidas' Creators Club, a free membership ...
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News briefs
Wolverine Worldwide's board has approved a share repurchase program which...
Wolverine Worldwide's board has approved a share repurchase program which will return $400 million to shareholders over the next four years. The footwear group said it will repurchase shares as appropriate and in compliance with any restrictions contained in the company's credit agreements.
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News briefs
Standard and Poor's has downgraded the rating outlook for Wolverine...
Standard and Poor's has downgraded the rating outlook for Wolverine Worldwide from stable to BB+ because its financial leverage has risen to three times due to spending on share buybacks. The leverage may grow beyond three times if the Ebitda margin doesn't improve from its current level of 5 percent ...
