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OutDoor by ISPO: “What initially seemed to be born out of necessity is increasingly becoming a dream scenario”
In an interview, Lena Haushofer, Exhibition Director of OutDoor by ISPO, explains why the MOC is an excellent choice for the industry gathering and why it is still worth becoming an exhibitor.
Sponsored article
Everything in One Place: GORE-TEX brand Presents New Online Tool GORE-TEX ONE for Retailers and Brand Partners
With the new GORE-TEX ONE Portal, the GORE-TEX brand is taking collaboration with retailers and brand partners to the next level.
Icebug promotes sustainable lifestyle as annual sales, profits rise
Icebug AB, the wholly-owned subsidiary of Sweden’s GtoG AB, 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 ...
North Face helps drive Q4 revenue rise, but Vans hit by China lockdowns
VF Corp reported a revenue increase of 9 percent to $2.8 billion (€2.65bn) in the fourth quarter of 2022, driven by The North Face (TNF), although sales at Vans were flat during the period. Sales were boosted by a 15 percent increase in the EMEA region and 12 percent in ...
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Sponsored article
Gore’s new ePE Membrane: Part of the solution
The clothing industry has been waiting for a PFC-free membrane from market leader W. L. Gore & Associates. Now the time has come: The first ePE products will be launched as early as next fall with selected brand partners. What exactly is the new membrane made of, and what are ...
Christoph Engl: “It cannot be a dogma that Europe is always a better production site”
In a detailed post on LinkedIn, CEO Christoph Engl explains the production strategy of the Oberalp Group. In the text, originating from a speech at the Oberalp Convention, Engl argues against seeing Europe as a better production site in a global comparison. He also announces his intention to make suppliers ...
Lowa reports top sales figures for 2021
The German mountain, outdoor and everyday footwear manufacturer Lowa has ended 2021 with peak figures for both the number of pairs of shoes sold and revenue, thanks to the ongoing outdoor boom. Sales climbed from 2.49 million pairs in 2020 to 3.17 million pairs in 2021. At the same time, ...
Patrik Frisk to exit Under Armour
Nearing the completion of a multi-year, $525 to $550 million restructuring, and 10 days after disclosing that short-term challenges will impact its sales, profitability, and margins for much of 2022, Under Armour on May 18 appointed Colin Browne as its interim president and CEO, effective June 1. On that date, ...
Pål Wibe steps down as chief executive of XXL
The board of Nordic sports retailer XXL ASA and Pål Wibe agreed on May 13 that the latter will step down as CEO on Sept. 1 of this year. The Norwegian Sports Industry Association wrote in a statement that the reason was disagreement over XXL’s priorities and future path. Wibe ...
Private sales clubs find new ways to command customer loyalty
Private Sport Shop has experienced impressive growth to become the number one private sales club in the sports sector. It has done so by focussing on customer loyalty, recruiting wisely and spotting trends early.
How Keller Sports used events and data management to develop customer loyalty
The brand has broken new ground with app-based events that reward customers for sporting performance, not purchases
Back in black: The successful turnaround of Rotor Bike Components
Great products don’t always lead to profit, but they can with a little cohesion…and maybe Covid.
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Mountain Warehouse launches new marketplace for brands
Icebug promotes sustainable lifestyle as annual sales, profits rise
Klarna cuts 10% of workforce due to changing business climate
Bergzeit relaunches its travel and alpine training offerings
Climbing World Cups in China canceled due to Covid
Jelenew x Stéphane Rolland: bike wear meets haute couture
All European Dometic production sites now powered by renewable energy
Latest Short Stops
Quick reads of the week
Short Stops Week 21, 2022
+++ Spinnova, the Finnish biomaterials developer, has appointed Teemu Lindberg as executive vice-president of production scaling, a new role to lead Spinnova’s fiber production scaling and new factory projects globally +++
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Latest Executive Editions of The Outdoor Industry Compass
Outdoor Industry Compass: Vol 15 - No 5
Columbia Sportswear posts double-digit sales gains in EMEA, U.S. | Fenix Outdoor sales rise 30 percent in first quarter | Dometic sees Q1 sales jump 55% as M&A continues | RevolutionRace sees 50% Q3 sales gain despite supply chain problems | Johnson Outdoors gets lift from camping, but fishing sinks | Helen of Troy sees Q1 boost from Hydro Flask, Osprey | Bike24 reports solid Q1 sales and earnings in a difficult environment | Haglöfs’ growth challenges its CSR goals | Moncler records 61% sales growth in Q1 | Rocky Brands almost doubles Q1 net sales driven by strong wholesale performance | Vista Outdoor to separate into two; Q4 and FY profits soar | Thule increases sales by 20% in Q1, maintaining margins | Shimano maintains guidance as sales growth continues to slow | Clarus’ outdoor results impacted by supply chain, logistics | Polygiene posts higher net sales in Q1, but sees decline in operating profit | Lenzing’s Q1 revenues grow double-digit despite rising costs | Yeti sees big growth potential outside U.S. | Mips reports outstanding start into 2022 | Fox Factory forecasts overheated bike product sales “back to normal” in winter 2022 | Solo Brands records 19% sales increase in Q1 | Weyco sales nearly double in Q1 | Restricting the use of PFAS: Multinational and cross-industry activities underway | Online Brands Nordic completes acquisition of Nordic Kidswear and Isbjörn of Sweden | Alpkit receives growth funding, plans to launch footwear this summer | Super Retail Group unveils sales, strategies for three banners | TVS Motor Group acquires majority stake in another European e-bike company | + EOG Partner Page
Outdoor Industry Compass: Vol 15 - No 4
Outdoor and bike industry stocks fall nearly 18% in Q1 | Date for European Outdoor Summit 2022 confirmed | Geopolitical situation puts pressure on the bicycle market | Fenix Outdoor sees bright start to 2022 | KMD Brands aims to return to growth in second half | Giant Group achieves another annual record | Gregory grew by 16.2% in 2022 | Leatt ends 2021 with record sales and record profits | Top results for Bike24, yet disappointing for investors? | Pierer Mobility’s annual report confirms record growth | Lenzing with strong fiscal 2021 | Jornet and Camper launch new trail running brand NNormal | Frasers Group hires managing director for cycling | Callaway highlights Jack Wolfskin in sustainability report | SSU invests in bike subscription service Buzzbike | American Outdoor Brands shifting focus | + EOG Partner Page (p. 11)
Outdoor Industry Compass: Vol 15 - No 3
Wolverine delivers strong Q4 results; Merrell and Saucony with record annual revenue | SSU grows by only 10.6% as bike supply issues persist | EOG opens up to organizations from the wider value chain; board changes announced | Outdoor and sports industries create support initiatives for people affected by war in Ukraine | Women in the outdoor and sports business: Facts and figures on International Women’s Day | OutDoor by ISPO releases more information on location and exhibitors | Clarus open to buy more “Super Fan” brands after record year | The outdoor industry is teaming up to take a new approach to combating the problem of single-use plastics | Kathmandu is on track for better results | Haglöfs reports record year | Storck Bicycle more than doubles its sales in 2021 | Callaway sees continued robust growth, Jack Wolfskin relaunch progressing well | Polygiene Q4 sales jump despite logistics, raw material supply challenges | Canadian Tire beats sales estimates in Q4 as consumers splurge on sports goods | Rocky Brands targets savings as Q4 net sales soar | Compass Diversified foresees slower growth in 2022, postpones 5.11 IPO | New Wave’s sales growth driven by Sports & Leisure | Coleman helps boost Q4 sales at Newell Brands outdoor unit | Yeti forecasts topline growth of 18-20%; will adopt key strategies in Europe | USWE reports net sales growth of 119% in Q3 | Sport 2000 Germany reports best result in company history; Outdoor particularly on the rise | Weyco Group says Forsake brand will gain traction in 2023 | EOCA’s 2022 sustaining members provide funding to support conservation efforts | Isbjörn aims to reduce CO2 emissions by 50% by 2033, become net zero by 2045 | Salewa introduces the “committed” sustainability label | OrthoLite launches fully compostable midsole foam Cirql | Portugal Bike Value achieves double-digit increase in bicycle exports in 2021 | New Global GM for Gregory in the U.S., new structure for Europe | Odlo acquires Janus, moves wool production to Norway | Mountain Hardwear expands its leadership team | EOG Partner Page
Outdoor Industry Compass: Vol 15 - No 2
TNF drives VF Corp.’s sales and outlook | Fenix reports records for Q4 thanks to sales increase and despite Omicron hit | Columbia exceeds forecast, driven by DTC | Vista Outdoor raises guidance after record Q3 | Calida completes sale of Millet Mountain Group | U.S. investor to buy Accell Group | Haushofer appointed project director for ISPO shows, Gröber back as head of ISPO | NYSE newcomer SSU increases sales despite supply bottlenecks for bikes, but falls short of expectations | Canada Goose cuts guidance as sales, retail traffic disappoint | Shimano with a strong year, but slowing down | Vaude reaches climate neutrality with all its products globally | RevolutionRace keeps up sales momentum | Nick Brown passes on ownership of Nikwax and Páramo to employees | Mips Q4 net sales rise despite supply constraints & China factory slowdowns | Thule sees continued sales growth while margins are squeezed by higher costs | Johnson Outdoors sees strong orders, Q1 sales slip amid supply chain disruptions | Deckers expects 19-20% growth for the fiscal year | Dometic’s top line boosted by M&A, optimistic about demand outlook | Chiruca broke its sales record in 2021 | Pon.Bike invests in third European production facility in Lithuania | Isbjörn of Sweden to change ownership | Woom Bikes with new management | Vaude prototypes circular TPU backpack with 3D printed backpanel | Arc’teryx and Ortovox unite forces for new avalanche airbag system | Jack Wolfskin with strategic repositioning aimed at global expansion, customer centricity and sustainability | EOG Partner Page