All Article articles – Page 6
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Naturkompaniet’s turnover increased to €75m in 2023
Naturkompaniet’s turnover in Sweden increased by 34 million Swedish kronor in 2023, reaching SEK 854 million (€75.4m) compared to SEK 820 million (€72.4m) the year before. The Outdoor Industry Compass spoke with CEO Henrik Hoffman about the latest numbers.
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Indian fabric sourcing platform Fabriclore raises $1.6m
Fabriclore, an Indian technology-enabled fabric sourcing platform for fashion companies, announced that it has received $1.6 million in funding led by Bengaluru, India-based PeerCapital and UAE-based Regal Fabrics. Founded in 2016 by entrepreneurs Vijay Sharma, Sandeep Sharma and Anupam Arya, Jaipur-based Fabriclore owes its success to its eight years of ...
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Sport 2000 Austria and Bike&Co join forces
As the demand for bicycles in Austria has been unbroken for years and the need for competent advice, technical services and high-quality equipment is increasing, Sport 2000 Austria has decided to cooperate with the German buying group Bike&Co (BiCo). The intention is to pool both associations’ know-how and expert knowledge, ...
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Columbia expands Hike Society to continental Europe
Columbia has announced the launch of its hiking program, the Columbia Hike Society, in Europe. The Hike Society is Columbia’s flagship initiative to foster a vibrant hiking community. The program was launched in the UK in 2022, where Columbia developed a series of free hikes led by collectives and content ...
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2025 and beyond: A new direction for OutDoor by ISPO?
Due to the ongoing discussions about OutDoor by ISPO and the very ambivalent opinions about the last edition earlier this June, the European Outdoor Group (EOG) and Messe München (MMG) have started the consultation process on the first proposals for fundamental changes to the trade show. A first taste of ...
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TrusTrace introduces updated solution to prevent slave labor
Stockholm-based global SaaS company TrusTrace, which offers a unique product traceability and supply chain compliance platform for the fashion and retail industries, announced the launch of its updated, AI-powered Forced Labor Prevention (FLP) solution that will help brands proactively map supply chains, screen them for risk and efficiently collect evidence ...
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Mammut reduces carbon footprint by 17%: 2023 Sustainability Report
The Swiss Mammut Sports Group AG has published its Sustainability Report for 2023, saying that it represents a significant milestone in the company’s ongoing commitment to environmental and social responsibility. Measurable achievements include reducing its carbon footprint by 17 percent and repairing 13,000 products. In addition to reducing emissions and ...
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Tug-of-war over Vista and Kinetic Group continues
While Vista Outdoor announced on June 25, after a long wait, that the Committee on Foreign Investment in the United States (CFIUS) has finally approved the proposed acquisition of Vista Outdoor’s The Kinetic Group division by Czechoslovak Group a.s. (CSG), Montréal-based MNC Capital Partners has once again stepped up its ...
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Outdoor Retailer Summer in the books
Outdoor Retailer (OR) kicked off summer last week at the Salt Palace Convention Center in Salt Lake City, Utah, along with the Outdoor Design + Innovation Sourcing Show, which made its debut this year. OR introduced several new features, including the all-new Hosted Buyer Program, limited booth sizes (max. 185 ...
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Reaction to ISS disapproval: CSG increases offer for The Kinetic Group
After the US proxy advisory firm Institutional Shareholder Services (ISS) recommended that Vista Outdoor shareholders abstain from voting on the Czechoslovak Group’s (CSG) offer for Vista Outdoor’s The Kinetic Group ammunition business, the Czech prospective buyer has now increased its purchase offer by $40 million from $1.96 billion to $2 ...
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Trade show recap: OTS finds a long-term home in Liverpool
Last week, outdoor brands, retailers, not-for-profit organizations, and journalists headed to Liverpool for the 2024 edition of the Outdoor Trade Show (OTS), which, after changing venues multiple times over the last decade, seems to have firmly made the Liverpool Exhibition Centre its home. Held over three days across one 8,100-sqm ...
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Manufacturer of Schwalbe tires massively expands recycling
One year after the introduction of the first Green Marathons bicycle tire – made from used tires, among other things – the German Schwalbe bicycle tire manufacturer Ralf Bohle GmbH announces that the majority of its Schwalbe tire range will be manufactured with recycled carbon black (rCB) with immediate effect. ...
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Darfon Electronics takes over wholesaler and importer Grofa
In August 2020, the German wholesaler and importer Grofa Action Sports GmbH took over the exclusive distribution of the e-bike brand BESV from electronics giant Darfon Electronics Corp. in Germany and Austria. The management board of the listed Taiwanese company has now approved an agreement to this effect. According to ...
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German custom bike manufacturer Rotor Bikes relaunches directly after insolvency
Due to liquidity problems, the Leipzig-based complete bike, frame and wheel manufacturer Rotor Bikes GmbH (not to be confused with the Spanish bicycle component manufacturer Rotor Components Technologicos S.L.!) filed for insolvency on June 4. According to the company, this step has set the course for a new start under ...
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New Cake owner introduces himself and his future plans
After Cake founder and CEO Stefan Ytterborn (also founder of the protective equipment company POC) lost a major investor at short notice and his e-motorcycle and e-bike company, founded in 2016, had to file for insolvency on Feb. 1 of this year, the insolvency administrator gave little news about the ...
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Fitness equipment giant Dyaco opens new e-bike factory in Taiwan
Around two years ago, Taiwan’s listed fitness equipment provider Dyaco International Inc. took over the bicycle factory of ODM and OEM manufacturer Iuvo in Dajia. In doing so, the company invested in its young e-bike business (including the newly created e-bike brand Cikada). As the Iuvo factory was located on ...
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Kathmandu struggles while Oboz and Rip Curl show growth
KMD Brands’ Kathmandu segment has had a challenging fiscal year, with a significant 21.8 percent year-over-year sales decline through May 31, marking a slow start to the crucial winter promotional period. Overall sales in the first three weeks of this key period are down by 11.5 percent, leading the company ...
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Remanufactured Brose e-bike drivetrains now available via Ra-Co
German and Austrian IBDs can now easily purchase the sustainable remanufactured e-bike drivetrains from Berlin-based e-bike drivetrain producer Brose E-Bike via its long-standing sales partner Ra-Co Radsport Components GmbH. The two companies have been cooperating since 2020. Ra-Co has now expanded its range of Brose products to include remanufactured motors. ...
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Oberalp Group publishes sustainability report Contribute 2023
The Italian Oberalp Group’s sustainability report “Contribute” for 2023 demonstrates the company’s commitment to sustainability through practical and effective measures. By integrating environmental and social aspects into its business model, the group, which includes brands such as Salewa, Dynafit, Wild Country, Pomoca, Evolv and LaMunt, proves that economic success and ...
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US outdoor participation reaches record levels for ninth consecutive year
The US Outdoor Industry Association (OIA) and its philanthropic arm, the Outdoor Foundation, released the results of its 2024 Outdoor Participation Trends Report this week. The report provides outdoor industry members with exclusive participation and activity data that will inform business strategies for the coming year. The report shows that ...