Latest News & Analysis
-
Article
The Russian outdoor goods industry is preparing to replace imports
Russian players in the outdoor goods market believe the mass exodus of Western brands from the country provided local industry ample growth opportunities. Although exports no longer seem to be in the cards and manufacturers complain about inconsistent state support policy, the potential to plug the gap in the internal ...
-
Article
MyStromer reaches overall settlement with Revolt
After the Swiss Federal Patent Court and previously the Unified Patent Court ordered a preliminary prohibition on manufacturing and marketing against the Swiss company Revolt Zycling AG due to patent infringement for its previously marketed Opium bikes, Swiss S-pedelec pioneer MyStromer AG is now resolving the legal dispute with a ...
-
Article
Noble showcases Ionic+ innovations with ‘Planet Positive’ campaign
Noble Biomaterials, a biotec company based in Pennsylvania, announced upgrades to its Ionic+ product portfolio and will be supported by a new “Planet Positive” communications campaign. Noble says its latest advancements with Ionic+ Botanical and Ionic+ Pro presents a new era in bacterial and odor control fabrics. Both delivery ...
-
Article
Bergfreunde revenue grows by 12%, more investments in ESG
Consumers’ reduced willingness to spend was once again reflected in a significant drop in total sales in German e-commerce in 2023. According to the German E-Commerce and Distance Selling Trade Association (bevh), overall gross sales of goods fell 11.8 percent to €79.7 billion. Despite this difficult environment, the sales trend ...
-
Article
Light My Fire aims to revolutionize disposable food container market
Source: Light My Fire Swedish company Light My Fire has launched the Borrow program, a pioneering effort to eliminate the use of disposable products. The program includes reusable plates, glasses, cups, cutlery, a mobile dishwashing station, a collection station for easy transportation, bicycles for delivery and collection, ...
-
Article
Belgian Cycling Factory strengthens management with two industry veterans
Belgium’s largest bicycle manufacturer Belgian Cycling Factory (BCF) – the umbrella of the brands Ridley, Eddy Merckx Bikes (including their independent steel frame range Corsa) and the Bike Valley competence center – has hired two experienced industry experts. Eugene Fierkens was appointed as General Manager Strategy & Business, and Edward ...
-
Article
Osprey Packs is TCA’s newest Pinnacle Member
After nearly 20 years of membership, Osprey Packs, a Helen of Troy brand, becomes the newest Pinnacle Member of The Conservation Alliance (TCA), supporting the US-based organization with an annual donation of $100,000. Osprey Packs is celebrating its 50th anniversary and commitment to conservation with this contribution, the company said. ...
-
Article
Vaude quits X, sets example against disinformation, hate speech and racism
Source: Hari Pulko/Vaude Manfred Meindl German outdoor company Vaude announced on March 21 that it was leaving the social media platform X with immediate effect. “This is our response to the increasing misinformation, discriminatory and right-wing populist content and the increasingly aggressive style on X – we ...
-
Article
Fjällräven recognized as Sweden’s most sustainable brand for fifth consecutive time
For the fifth time in a row, Fjällräven is perceived by Swedish consumers as the country’s most sustainable brand in the “Clothing and Fashion” category in the Sustainable Brand Index 2024. With the help of 80,000 consumers in eight countries, the Sustainable Brand Index measures and analyzes ...
-
Article
Decathlon Germany launches bike leasing with JobRad
From April 3, 2024, employees of over 70,000 companies across Germany who cooperate with JobRad will be able to lease bicycles from Decathlon Germany starting from a total leasing value of €750, as well as all Decathlon e-bikes. Leasable accessories include lighting, mudguards, bicycle bells, and even child seats. After ...
-
Article
New Global Sustainability Manager at Elevate Outdoor Collective
Source: EOC Michael Knye, Global Sustainability Manager at Elevate Outdoor Collective (EOC) Elevate Outdoor Collective (EOC), the umbrella organization for twelve outdoor and winter sports brands, including Völkl, Dalbello and Marker, appointed Michael Knye as the company’s first Global Sustainability Manager. Effective March 1, 2024, Knye is ...
-
Article
Bike24 reports high 2023 loss due to impairments, depreciation and amortization
After listed online retailer Bike24 Holding AG announced its first preliminary figures for FY 2023 at the end of February, the Dresden-based company has now presented its annual report with all the relevant details. This includes value adjustments and write-downs, which did not yet play a role, ...
-
Article
EOCA sustaining members celebrate 10 years of support
Since 2015, a select group of forward-thinking companies has helped finance the core costs of the European Outdoor Conservation Association (EOCA) on behalf of the European outdoor leisure sector, benefitting conservation. EOCA just announced that this year, not only are there now eight Sustaining Members of EOCA, with a new ...
-
Article
Vista Outdoor’s transformation is moving forward
Vista Outdoor announced that the US Securities and Exchange Commission (SEC) has declared effective the registration statement on Form S-4 filed by its subsidiary Revelyst, Inc. in connection with the proposed acquisition by Czechoslovak Group a.s. (CSG) of Vista’s The Kinetic Group business. The announcement is a key achievement in ...
-
Article
Slump in sales of bike helmets causes two-digit drop in Mips’ 2023 results
The Swedish supplier of safety technology for helmets, Mips AB, closed FY 2023 with a 37 percent decline in sales (39 percent adjusted for currency effects) compared to the previous year and achieved total sales of SEK 357 million (€31.20m). According to the company, the double-digit drop in sales is ...
-
Article
Lenzing publishes combined annual and sustainability report to reaffirm sustainability's central role
Lenzing Group, the Austrian supplier of wood-based specialty fibers for the textile and nonwoven industries, has published a combined annual and sustainability report for the first time to reaffirm the strategic importance of social and environmental responsibility for the company. The report on the 2023 financial year is titled “Ready ...
-
Article
EOS 2024 with new ticketing options and first program details
Bookings are now open for places at the 2024 European Outdoor Summit (EOS). Places are available earlier than in previous years and include the option to secure accommodation at the same time, along with discounts for multiple tickets. EOS organizers have also confirmed details of the event’s first speaker, in ...
-
Article
KMD Brands’ H1 results impacted by numerous factors
New Zealand-based KMD Brands, the Kathmandu, Rip Curl, and Oboz parent, reported lower H1 group sales and underlying Ebitda due to weak consumer sentiment, a warm Australian winter, difficult year-on-year comparisons, and excess inventory issues in the wholesale channel. KMD’s net loss from continuing operations was NZ$9.7 million (€5.4m) for ...
-
Article
At Ideal Bike, the market slump was accompanied by two client bankruptcies
As we have already reported, the two Taiwanese industry leaders Giant Group and Merida had to contend with declining sales trends last year. Taiwan’s third-largest bike manufacturer, Ideal Bike Corporation, was hit even harder by some inherited loss-making issues. Last year, the Taiwanese company not only had to cope with ...
-
Article
CEO Juha Latvala: Sasta needs to “make more noise”
Finnish brand Sasta is taking outdoor and hunting apparel to the global market.