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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.
Giant Group reports historic quarterly record
With a record-breaking second quarter under its belt, Taiwanese bicycle manufacturer Giant Manufacturing Company Limited (Giant Group) has increased its H1 sales by 7.2 percent to a total of TWD 45.01 billion (€1.47 billion). Considering the rising inflation worldwide and the war in Ukraine, this is an excellent result. In ...
Jack Wolfskin sales grow double-digit despite headwinds in China and Europe
Callaway reported record second-quarter results, driven by sales and operating profit growth at its top golf facilities. Callaway said pricing and other business improvements implemented in the first half of the year enabled the company to “outrun the ubiquitous inflationary pressures, unfavorable foreign currency exchange rates and staffing challenges.”
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I’ll take the Performance Fabrics – hold the PFAS
Polartec recently announced the removal of PFAS (per- and polyfluoroalkyl substances) in its DWR (durable water repellent) treatments across its line of performance fabrics. By itself, this may not seem especially surprising, or new, as in recent years the Outdoor Industry has increasingly moved away from PFAS. However, what makes ...
Bombardier acquires majority stake in German bike transmission specialist Pinion
Pinion, a Stuttgart-based manufacturer of a fully sealed manual bike transmission “Made in Germany,” which is based on sports car gearbox technology, has gained a new strategic partner in the Canadian group Bombardier Recreational Products Inc. (BRP), which has also become a majority shareholder alongside the founders and managing directors ...
Vista Outdoor acquires Simms Fishing Products
Shortly after announcing its acquisition of Fox Racing, a California-based global provider of high-performance motocross, mountain biking and lifestyle gear, for at least $540 million, Vista Outdoor Inc. has now confirmed that it will also acquire Montana-based Simms Fishing Products. Simms is a premium fishing brand and leading designer, marketer ...
Equip hires new head of marketing
Trudi Boswell, a long-term outdoor industry veteran, has joined the Equip Outdoor team as the new head of marketing for the Equip brands Lowe Alpine and Rab. For over five years, Boswell has worked at Mammut, filling the role of managing director U.K. and Benelux for the last seven months. ...
Canyon receives reported $30m in new investment
Various press outlets are reporting that Canyon Bicycles has received an estimated $30 million in new capital from two investors. One is LRMR Ventures, the investment group run out of Akron, Ohio, by the NBA player LeBron James and his longtime associate Maverick Carter. (James took a minority interest in ...
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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Bombardier acquires majority stake in German bike transmission specialist Pinion
Giant Group reports historic quarterly record
Johnson Outdoors focuses on managing global supply chain issues
Boardriders publishes first ESG and CSR report
U.S. outdoor industry study examines recreation and outdoor companies’ hiring challenges
Jack Wolfskin sales grow double-digit despite headwinds in China and Europe
Yeti sees plenty of upside from markets outside U.S.
Latest Short Stops
Quick reads of the week
Short Stops Week 31, 2022
+++ Black Diamond voluntarily recalls some Pieps and Black Diamond avalanche transceiver models due to a malfunction of the electronics in a small number of devices (more info here) +++
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Latest Executive Editions of The Outdoor Industry Compass
Outdoor Industry Compass: Vol 15 - No 6
SSU’s sales bolstered by acquisitions | USWE sales up 88% in 2021, Q4 hit by geopolitical situation | The North Face helps drive Q4 revenue rise, but Vans hit by China lockdowns | Vista Outdoor outlines long-term vision and financial goals for proposed separation of its business | Icebug promotes sustainable lifestyle as annual sales, profits rise | Thule Group with new product categories, updates financial targets | Lowa reports top sales figures for 2021 | Continued growth for Online Brands Nordic | Giant Group reports another sales record in Q1 | Seventh consecutive quarterly sales record for Leatt | Pelican International acquires GSI Outdoors | Australian investment company acquires majority stake in Sea to Summit | Porsche takes over remaining 80 percent in Fazua | Nordic Swan Ecolabel increases focus on textiles | Worn Again Technologies builds textile recycling demo plant in Switzerland | Italy’s bike exports increase double-digit, e-bikes at 15% | SSU partners with Rhenus on “largest bicycle components hub in Europe” | + EOG Partner Page
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