General Outdoor – Page 160
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News briefsVaude CEO von Dewitz appointed as member of governmental SME advisory board
Source: Vaude Antje von Dewitz The German minister for economic affairs and climate, Robert Habeck, has appointed the advisory council for issues relating to small and medium-sized businesses (SMEs) and the liberal professions for the current legislative period. Vaude’s managing director Antje von Dewitz (who has already ...
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ArticleWolverine beats expectations in Q2, but lowers FY guidance
Wolverine Worldwide, concerned about inventory escalation in various U.S. retail channels and the likelihood of higher wholesale order cancellations in the market for the remainder of the year, has lowered its FY22 outlook downward. Lingering supply chain delays and currency exchange rates also contributed to the revision. The adjustment was ...
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News briefsSchwan-Stabilo employees finish 84,637km in charity sports challenge
The employees of the Schwan-Stabilo group (staff of Deuter, Ortovox, Maier Sports and Gonso being among them) have mastered the first global Schwan Sports Challenge, a charity project that supports initiatives for clean drinking water and reforestation. All Schwan-Stabilo sites lined up in a row make up a distance as ...
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News briefsBluesign implements sustainability attributes for approved chemical products in its Finder
With a new element integrated into the Bluesign Finder listing of Bluesign-approved chemicals, the Swiss certification platform aims to improve the transparency of data associated with listed chemical products. In addition to the existing functionality within the Finder, Bluesign System Partner suppliers can specify selected sustainability assets for their approved ...
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ArticleTextile waste allegedly used as fuel for brick kilns in Cambodia
Unearthed, a subsidiary of Greenpeace, has issued a new report, stating that off-cuts from Cambodian textile factories mixed with wood are being used to fuel brick kilns on a large scale. The kilns need to stay fired for several days at a temperature of 650° C to burn the clay ...
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News briefsDidriksons invests in international growth
The Swedish outdoor brand Didriksons has broken new sales records, according to ehandel.se. “We are seeing an increase of 30 percent compared to last year. This is going to be our best year ever; we had the best spring ever,” Petra Sabo, head of DTC at Didriksons, commented on the ...
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ArticleArchroma acquires Textile Effects business from Huntsman
The Swiss chemical solutions company Archroma (part of the U.S.-based investment firm SK Capital Partners) has entered into a definitive agreement to acquire the Textile Effects business from Huntsman Corporation. Huntsman Textile Effects was in the OIC news lately for its new PFC-free water repellent. The total enterprise value of ...
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News briefsMammut releases ESG report, covering 2021 achievements and future goals
In the company’s first sustainability report, Mammut provides an update on the social and ecological efforts along its supply chain in 2021. Mammut has been an EOCA member since 2006 and a founding member of the UN Fashion Industry Charter for Climate Action. Since 2008, the brand has been audited ...
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ArticleWeyco's key brands rise sharply, relaunch of Forsake planned for next year
Weyco Group reported double-digit sales increases for each of its four major footwear brands in the second quarter ended June 30, prompting total revenues to rise by 29 percent to $74.4 million from $57.6 million a year earlier. The group’s brands Florsheim and Stacy Adams saw their sales rise by ...
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ArticleSilva with new corporate appointments
After Silva was acquired by Northern European specialist growth equity investor Verdane in mid-2021, the new owner presented a comprehensive business plan until 2025, focusing on growth in the main markets of Sweden, Norway, the U.K. and Germany. It also identifies marketing as one of the key success factors, along ...
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News briefsJohnson Outdoors focuses on managing global supply chain issues
The U.S. parent of a portfolio of fishing, diving, camping, and watercraft brands, including Jetboil, Old Town, Eureka! and Ocean Kayak, saw its third-quarter gross margin dip to 36.1 percent from 45.7 percent in the year-ago period due to increased material costs that were driven by supply chain dynamics. With ...
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ArticleBoardriders publishes first ESG and CSR report
Roughly 16 months after Arne Arens, the former The North Face Europe CEO, took over as new chief executive officer of the Boardriders group, the company has released its ESG and CSR report 2020/21, which is the first of its kind. The group’s purpose, mission and foundation are supported by ...
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ArticleU.S. outdoor industry study examines recreation and outdoor companies’ hiring challenges
The Oregon State University’s center for the outdoor recreation economy, with support from Basecamp Outdoor, Path to Peak education and consulting and the Confluence of States, has conducted a new Outdoor Industry Workforce Assessment for the American Outdoor Industry Association (OIA) and the Outdoor Recreation Roundtable. The study aims to ...
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ArticleJack 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.” Net ...
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ArticleYeti sees plenty of upside from markets outside U.S.
Yeti, the premium drinkware and cooler brand, says it will focus on driving consumer relevance and “developing optimal omnichannel distribution” in the six European markets, Japan and Australia, where it already has brand penetration. After launching a website in the U.K. in 2019, the company added websites in Germany, France, ...
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ArticleCompass Diversified lifts guidance after Q2 sales surge by 19%
Compass Diversified (CoDi) lifted its outlook for the full year after a 19 percent rise in second-quarter net sales growth driven by Boa Technology and Lugano Diamonds. Net sales rose to $515.6 million from $431 million a year earlier. Net income increased to $31 million compared to a net loss ...
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News briefs10th annual OIA conference features inspiring speaker lineup
The tenth annual OIA Conference will be held Sept. 7 and 8 in Sheffield, England, at the Crowne Plaza Royal Victoria. The list of speakers published by the Outdoor Industries Association around the key theme of “Open up the outdoors for everyone, how our industry can welcome the new, challenge ...
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ArticleOutDoor by ISPO stays at MOC for one more year, changes date
In a joint statement, the European Outdoor Group and Messe München have announced that the next OutDoor by ISPO will be held at MOC, in the north of Munich, just like the most recent 2022 edition of the show. However, the date is changing, and the show is now scheduled ...
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News briefsNew joint Textile Tracer Assessment report released by Fashion for Good and Textile Exchange
Fashion for Good and Textile Exchange have jointly released the Textile Tracer Assessment, an analysis and guide of physical tracer technologies for the industry. According to Textile Exchange, the assessment aims to benchmark capabilities and applications to help suppliers and brands choose the right solution for their traceability models and ...
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ArticleLenzing sees “significantly higher” Ebitda as H1 revenues jump
Specialist fiber maker Lenzing Group said it expected annual Ebitda to be significantly higher after reporting a 25 percent jump in half-year revenue, driven by higher fiber prices. The company said revenue in the six months to June 1 rose to €1.3 billion, compared with £1.03 billion a year earlier. ...
