The latest news, analysis and data on corporate strategic initiatives, the latest mergers and acquisitions, IPOs, insolvencies and cooperations in the outdoor industry.
Europe’s textile industry faces continued decline
Euratex reports a third consecutive year of decline across production, turnover and employment in Europe’s textile sector.
Chinese travel platform takes minority stake in Haglöfs
A new partnership links Haglöfs with one of China’s leading travel platforms to accelerate growth in a key outdoor market.
Amer Sports balance sheet strengthens
S&P Global affirms Amer Sports’ credit rating following debt repayment and improved leverage profile.
Accell resets business for growth phase
The bicycle group reports progress on its transformation and outlines the next growth phase focused on commercial performance and an integrated platform.
Backcountry launches brand incubator with first acquisition
The US outdoor retailer has launched its Garage innovation platform and acquired Coalatree as its first partner brand to support emerging outdoor companies.
Norwegian Sports Group expands with two acquisitions
Norwegian Sports Group strengthens its outdoor portfolio with two acquisitions focused on heritage brands and growth.
GoPro to cut 23% of workforce
GoPro will reduce its global workforce by about 23% as it seeks to lower operating costs and restructure operations.
Big Agnes marks 25 years with anniversary capsule
Big Agnes is marking its 25th anniversary with a limited-edition product capsule and retail sweepstakes across North America.
Skylotec Outdoor launches consumer collection and sales team
Following its brand integration milestone, Skylotec Outdoor is now bringing its new consumer collection to market, backed by a revamped sales structure in Germany.
KMD Brands raises capital through discounted share sale
Following a trading suspension, KMD Brands has launched a discounted equity raise as part of a broader refinancing package.