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PDF NewsletterOutdoor 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
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PDF NewsletterOutdoor 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
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PDF NewsletterOutdoor 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)
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PDF NewsletterOutdoor 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
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PDF NewsletterOutdoor 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
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PDF NewsletterOutdoor Industry Compass: Vol 15 - No 1
Outdoor and bike industry stocks rose by 3.0% in Q4 | Green awareness provides greater tailwind for bike stocks in 2021 | Helen of Troy raises outlook after Osprey acquisition, strong Q3 showing | Grandson of Millet founder to buy Millet Mountain Group from Calida | Open Air Group acquires Aclima | Schwan-Stabilo acquires stake in footwear start-up Doghammer | MacNeill Pride Group rebrands as Gathr Outdoors | Former Nike executive to become TNF’s new global brand president | Vista Outdoor ends 2021 with yet another acquisition | Amer Sports divests Suunto | Pierer Mobility records strongest growth with e-bikes | Sport 2000 parent ANWR Group exits as shareholder of Bico | EOCA members make record funding possible in 2021
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PDF NewsletterOutdoor Industry Compass: Vol 14 - No 24
Helen of Troy to bolster presence in outdoor segment with acquisition of Osprey | Italian fashion label Herno acquires outdoor brand Montura | Schwan-Stabilo’s outdoor division grows 16% in 20/21 despite lockdowns | Johnson Outdoors Q4 sales rise slightly over “unprecedented” 2020 | Excellent financial year enables Accell to repay government Covid credit facility | Calzados Bestard enjoying a record year | Reduced VAT on bicycles and e-bikes soon possible in the EU | Despite serious bottlenecks, Taiwan’s bicycle and e-bike production grows at double-digit rate | FESI and others object to parts of the changes in EU antitrust commercial regulations | Fashion for Good launches new polyester recycling research project | Lavalan introduces new insulation made from 100% European wool | Experts discuss different textile recycling options at meeting hosted by The Lycra Company | Glove specialist Hestra publishes first sustainability report | Better Cotton Initiative publishes detailed impact report 2020 | Patagonia calls for moratorium on seabed mining | OR Snow Show releases redesigned hall plan and new Resource Center information hub | + EOG Partner Page
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PDF NewsletterOutdoor Industry Compass: Vol 14 - No 23
ISPO Munich 2022 moved to November; new ISPO show schedule | Performance Days in Munich canceled due to Covid; digital show instead | Austria imposes a general lockdown, Germany approves a new infection protection act | Despite supply chain challenges, On continues to grow after IPO | Supply bottleneck slows Bike24’s third quarter | Recovering travel market provides upswing for Samsonite | Leatt with the next sales and profit record | Scandinavian Outdoor Group celebrates 20 years of partnerships | Former Timberland CEO and his son unveil new “biocircular” sustainable hiking boots | Pierer buys Felt from Rossignol, enters non-e-bike market and North America | Porsche continues to invest in e-bikes | Third annual profile outlines VF Corp’s inclusion and diversity strategy | EOCA launches fundraiser around Black Friday to raise funds for conservation projects | Fashion for Good and Apparel Impact Institute map the path to net zero in fashion | First Dynafit brand store in Munich opens with expert panel on resort ski touring trend | + EOG Partner Page
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PDF NewsletterOutdoor Industry Compass: Vol 14 - No 22
Wolverine breaks even, but Q3 sales impacted by supply chain issues | Callaway Golf raises guidance, Jack Wolfskin performs better than expected | German bicycle companies develop charter for a sustainable industry | On to make running shoes from carbon waste | COP26: Fashion industry boosts climate ambitions with renewed charter | RevolutionRace nearly doubles turnover in Q1, German sales up 156% | Good first semester for stock market newcomer USWE despite delivery problems in Q2 | Black Diamond’s 20% gains help Clarus post higher Q3 sales | Less growth for Giant Group in Q3 | Canada Goose with strong momentum, improves guidance | Sports & Leisure pull Craft’s parent forward, Nordics and U.S. recover | Dorel Sports Q3 revenues slip as supply-chain constraints bite | GoPro says Christmas sales won’t be hit by supply crisis after stellar Q3 results | Inventory overload affects Rocky Brands’ Q3 | Vista Outdoor on target as Q3 earnings beat expectations | Covid-led demand for anti-microbial products powers Polygiene Q3 | Weyco sees improvement in supply situation in Q4 | Lenzing with strong operating result despite higher energy, material and logistics costs | Q3 sales at Newell Brands’ outdoor unit up 2.1% | Deckers’ Q2 sales up 16% thanks to Hoka, while margins pressured by supply chain | Polartec Apex Award winners 2021 range from startups to global giants | SBTi launches new Net-Zero corporate standard | Emerald opens debate on the future of (OR) trade shows
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PDF NewsletterOutdoor Industry Compass: Vol 14 - No 21
VF maintains FY outlook despite supply chain issues limiting Q2 sales growth | Columbia lowers FY sales outlook, raises earnings forecast as Q3 sales miss | Fenix says Germany recovery underway but warns of supply-chain issues | Thule sees gains in RV products and carrier systems | Dometic Q3 sales growth gets a boost from M&A as supply chain problems persist | Shimano’s bicycle segment up 30%, raises forecast | Mips posts solid growth in Q3 despite supply chain challenges | Unifi with strong Q1 | Bike-Components joins forces with brick-and-mortar retailers | HeiQ unveils high-performance cellulose yarn derived from carbon-negative materials | Tecnica rolls out ski boot recycling project in eight countries | Kathmandu Holdings publishes 2021 sustainability report | VF releases sustainability and responsibility report “Made for Change” | Revised ISPO Awards with four judging dates per year
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PDF NewsletterOutdoor Industry Compass: Vol 14 - No 20
Outdoor industry stocks declined by 6% in Q3 | The rugged outdoor footwear market fell by 5.6% in 2020 | Global bicycle stocks: Demand remains strong, but supply chain prevents further highs | Pon Holdings acquires Dorel Sports | Helen of Troy’s Hydro Flask sees Q2 sales progress, raises FY outlook | Former CEO of Private Sport Shop group to join Moustache Bikes as CEO | Vaude plans to be globally climate-neutral next year | Major investment in Portuguese bicycle production for the EU market | RevolutionRace publishes first sustainability report after IPO | E-commerce with strongest growth in Germany in Q3 since 2017 | ILO adopts first code of practice on safety and health in the supply chains | Odlo reorganizes its business structure in German-speaking countries | Bründl Sports opens new flagship store, carries Marcel Hirscher’s new ski and apparel brands | Prophete Group with management change after successful turnaround | EOG Partner Page
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PDF NewsletterOutdoor Industry Compass: Vol 14 - No 19
OutDoor by ISPO 2021 canceled | Gore-Tex unveils new ePE membrane | Kathmandu’s sales rise 15% | Retailers start climate protection initiative | Outdoor strong in ISPO Consumer Insights Report | Bike24 starts share buyback | EOCA partners with Business for Nature | Higg starts supply chain traceability program | Bollé Brands with executive changes
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PDF NewsletterOutdoor Industry Compass: Vol 14 - No 18
Travis Campbell acquires Eagle Creek from VF, European organization stays on board | Houdini drives expansion of circular economy movement with new shareholder | OutDoor by ISPO Global Summit Edition: First real industry gathering after more than 18 months / Interview with Dr. Jeanette Friedrich | OutDoor by ISPO Global Summit Edition reveals event program | JD Sports Fashion’s outdoor segment turns around | Allbirds files for IPO but remains loss-making, plans to open up new apparel categories | New Mavic owner Bourrelier Group sets successful future course | Pierer Mobility on track for 11th record year in a row | Dalbello teams up with Life Reskiboot to develop a circular economy system | Oeko-Tex reports successful 2020/21 year, with strong growth for Made in Green label | German bike and mobility industry calls for sustainable mobility summit | Eurobike Awards 2021 show the industry’s creative energy
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PDF NewsletterOutdoor Industry Compass: Vol 14 - No 16+17
Sport Holding acquires Bergans of Norway | On Holding files registration for IPO | EOG unveils retail-specific content for OutDoor by ISPO | EOG State of Trade: Outdoor wholesale value drops 9.5% in 2020 | After strong Q2, Wolverine again raises full-year outlook | Anta’s profits more than double in H1, Amer bounces back | Columbia lifts guidance after strong Q2, but CEO attacks freight “monopoly” | Fenix’ Q2 sales up, but sluggish German performance weighs on overall result | VF raises FY guidance as Q1 sales and profits beat estimates | Clarus raises guidance as Q2 sales growth accelerates | Topgolf and golf boost Callaway, outdoor also shows resilience | Giant with strong H1 figures, production to be expanded with factory in Vietnam | Leatt continues on record track in 2021 | New CEO and board members for Ecco | SRAM Group opens Time pedal factory in Portugal | SSU reorganizes management of Internetstores Group | Black Diamond hires ski industry veteran Mike Hattrup | More details on consumer integration at ISPO Munich | EOG partner page
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PDF NewsletterOutdoor Industry Compass: Vol 14 - No 14+15
Outdoor company stocks continue to gain ground in Q2 | Global bicycle stocks chart Q2 2021: Still riding the wave | OutDoor by ISPO 2021: Less exhibition, more conference | Thule benefits from growing recreational trends despite lockdowns in Q2 | Dometic Q2 sales rebound but supply-chain issues persist | Helen of Troy’s Hydro Flask starts year strongly | Anta Sports Q2 sales growth continues at slightly slower pace | New anglers help Rapala reel in strong H1 sales rise | Calida Group to sell Millet Mountain Group | Silva acquired by growth equity investor, paving way for expansion | USWE expands offering with premium cycling apparel through acquisition of VOID Cycling | Eurobike 2022 will relocate from Friedrichshafen to Frankfurt | SOG starts circular outdoor project | Portugal officially inaugurates Europe’s first large-scale carbon frame factory | ABS and Pyua with new shareholders and sales manager | Klarna acquires social shopping platform Hero | New Canadian trail running brand norda launches seamless shoe made of bio-based Dyneema | DDK Group increases production capacity with new factories in Vietnam | Canada Goose to drop all animal fur by end of 2022 | EOG Partner Page
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PDF NewsletterOutdoor Industry Compass: Vol 14 - No 13
Anta Sports publishes profit warning | bd-capital invests in shopping club SportPursuit | Signa Sports United buys bike e-tailer Wiggle - and plans to go public | Colonna takes the helm at K2-MDV | Eagle Creek to be shut down in fall for financial and strategic reasons | Munich trade shows possible from September, including OutDoor by ISPO | Sasta wins Scandinavian Outdoor Award for plus size jacket | Pentland’s report on modern slavery exposes critical supply chain practices | Supply Chain Act adopted by German parliament, EU to follow up with stricter rules | Private equity firm invests in German bicycle retailer LJB | Amnesty accuses China of crimes against humanity in Xinjiang | EOG Partner Page
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PDF NewsletterOutdoor Industry Compass: Vol 14 - No 12
New boss and new structures for Dachstein’s parent | Bike and sports e-commerce retailer Bike24 plans to go public in 2021 | Zumiez sales more than doubled | Clarus to acquire Australian roof rack manufacturer Rhino-Rack | IPO of the bicycle certificate based on first and newly created bicycle stock index | Spanish bike sales hit the 1.5m milestone | Live video shopping: Isbjörn pilots with Streamify, Go Instore sees popularity despite end of lockdown | Sports and outdoor brands emerge as circularity champions in new Textile Exchange report | Accelerating Circularity launches European arm with EOG on founding committee | Sustainable Apparel Coalition and Higg launch new transparency program
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PDF NewsletterOutdoor Industry Compass: Vol 14 - No 11
Vista unveils four-year plan with ambitious strategic goals | VF Corp. launches new incubator platform to develop innovative business models | Goldwin turns around in Q4, budgets 10% growth | Canada Goose forecasts record revenue as Q4 profits rise | VF’s momentum on the rise, positive outlook for 2022 | Deckers grows in Q4, led by further expansion of Hoka One One | Leatt’s chase for records continues | Myanmar: a cheap hotspot getting even hotter | Nepal in humanitarian crisis, donations needed | French investor takes over Swiss e-bike pioneer Stromer | Wise Equity acquires one-third stake in Selle Royal Group | U.S. bike industry veteran to head Hero International in London | Tentree is officially climate neutral | EOG Partner Page
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PDF NewsletterOutdoor Industry Compass: Vol 14 - No 10
Columbia raises guidance after a good Q1 | Clarus raises full-year guidance after Q1 sales jump | Jack Wolfskin recovers from pandemic faster than expected, online sales up 108% | Wolverine raises guidance due to strong first quarter | Vista Outdoor Q4 sales rise 40% | Bicycle boom pushes Q1 sales at Dorel | GoPro revenue up 71 percent thanks to subscriptions and high-end cameras | CODI’s sales surge by 38%, led by Boa | Lockdown life drives demand growth for Johnson Outdoors in Q2 | Fox Factory Q1 sales shine with surge in bicycle product sales | Bicycle boom gives Austrian specialist retail some record boosts | Authentic Brands Group and SPARC to acquire Eddie Bauer | Oberalp Group will present new collections and behavioral study at Virtual Convention on May 18 | ISPO Group without Markus Hefter | Boardriders without Peter Knoll | A.S. Adventure Group becomes Yonderland as it completes its refinancing | Cotton Trust Protocol partners with TextileGenesis blockchain
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PDF NewsletterOutdoor Industry Compass: Vol 14 - No 9
U.K. investment firm to acquire Mammut | Mixed results for Fenix Outdoor | The North Face plans 100 percent sustainable face materials by 2025 | WeSports acquires Nordic Outdoor & Sports Group | Helen of Troy reports strong Hydro Flask sales | New Wave posts Q1 profit | Mips Q1 sales boosted by strong bike helmet demand | Moncler with double-digit sales growth in Q1 despite setbacks in Europe | Shimano continues to perform well in Q1 | Dometic acquires Valterra Products | Canada Goose sees itself well on track to achieve sustainability goals | Mavic Group 2021 overview includes clear roadmap for the future | Two new RTE bike factories, new target groups
