Luxottica, owner of several eyewear brands including Oakley and Ray-Ban, has entered into an agreement pursuant to which it will acquire Stanza and High Tech, two sunglass specialty retail chains totaling more than 70 stores in Mexico. This transaction marks Luxottica’s entry into the sun retail business in Mexico, a country where the group already has a solid presence through its wholesale division. Over time, the stores will be rebranded under the Sunglass Hut brand, the largest sunglass specialty retailer in the world.
Sole and ReCork, the nation's largest wine cork recycling program, partnered with the 53rd Grammy Awards to serve wine sealed exclusively with natural cork and recycle all the closures. Wines sealed with the cork were also served at the MusiCares Person of The Year fundraiser honoring Barbra Streisand two days before the Awards on February 11.ReCork collected the stoppers and is providing them to Sole, who is manufacturing a line of products from the recycled cork.
La Sportiva has entered into a new joint venture with the Fulgent Sun Group, the brand's Asian manufacturing partner, to distribute its products in China. The two companies have created a new corporate entity called Fujian La Sportiva to further develop and promote the brand in Asia. This partnership will address the rapidly emerging Chinese outdoor market and strengthen supply chain worldwide.
VF Corporation has promoted two executives, Steve Rendle and Scott Baxter, to the newly-created position of Group President. Karl Heinz Salzburger, currently Vice President, VF and President, VF International and a member of VF’s Operating Committee, will assume the new title of Vice President, VF and Group President, International. Rendle and Baxter will join Salzburger as members of VF's Operating Committee and all three will continue to report to Chairman and CEO Eric Wiseman.
Black Diamond has disclosed that it is targeting fall of 2013 as a possible launch time for an outdoor technical apparel brand, expressing the view that both apparel and footwear represent significant long term opportunities to extend the Black Diamond brand.
CEO Peter Metcalf commented, “The next few years hold an extraordinary opportunity for our brand and the next logical step is apparel. We believe the market demand for Black Diamond apparel is substantial and, if executed well, that this category can become equal to or larger than the balance of our business within 5 years of launch."
Only used with semi-static ropes until this year, Beal's Unicore technology is now available on the Diablo 10.2 mm outdoor dynamic rope, the first outdoor Beal rope to feature the technology and one of this year's ISPO Outdoor Award winners in the hardgoods category.The Unicore technology binds the sheath and the core of the rope improving durability and decreasing slippage while aiming to keep the rope supple and easy to use with a smoother sheath than that featured on most classic ropes. The suppleness is intended to make climbers feel as if they are climbing with a thinner and lighter rope while not sacrificing the security or belay of standard diameter rope.
The Environmental Protection Agency (EPA) is recognizing two companies for innovative new products that capture wasted heat energy from self-generated electricity in homes and small buildings. Freewatt micro CHP system made by ECR International of New York and the Ecopower micro CHP system made by Marathon Engine of Wisconsin will receive the 2011 Emerging Technology Award at the Energy Star Awards Ceremony on April 12 in Washington D.C.
Hydrapak has signed an agreement as a key OEM partner for German pack manufacturer Vaude. Vaude's Aquarius 2.0 Reservoir will feature technology from Hydrapak’s Reversible Reservoir II. Redesigned with unique colors and a custom molded closure, the Reversible Reservoir II is easy to clean and the utilization of TPU material insures against health issues and leaking. The reservoir will be included standard in the Aquarius 5 and Aquarius 7+3 models and sold as a stand-alone accessory compatible with the rest of the Vaude backpack line.
Vaude joins Hydrapak’s growing list of global partners, including POC, DaKine, Nathan, EVOC, Oakley, Columbia, Fox, Ogio, Kriega, Scott, BMW, KTM, and Berghaus.