Latest News & Analysis – Page 14
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ArticleJack Wolfskin relies on ExpeDRY hydrophobic down insulation by Allied
Source: Jack Wolfskin Jack Wolfskin Expedition Down Jacket German outdoor brand Jack Wolfskin has announced that in its fall/winter 2024 hydrophobic down apparel line, it will replace current, chemical-intensive hydrophobic down with ExpeDRY down insulation by California-based Allied Feather + Down. ExpeDRY is well on its way ...
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ArticleHövding opposes sales stop, provides evidence of product meeting safety requirements
After the Swedish Consumer Protection Agency temporarily halted the sale of the Hövding 3 bicycle airbag in Sweden at the beginning of November, the manufacturer has now submitted a final statement to the agency with extensive documentation confirming the high safety standard of the head protection and the tests that ...
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ArticleDevold: 170 years of wool garments made in Europe
The Outdoor Industry Compass spoke with Herbert Horelt, Managing Director of Devold of Norway GmbH, and Tor Jonsson, General Manager at UAB Devold.
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ArticleHarley-Davidson’s e-bike offshoot Serial 1 changes hands
The e-bike supplier Serial 1 Cycle Company, founded by the iconic US motorcycle manufacturer Harley-Davidson in 2020, has been sold to LEV Manufacturing. This provider of light electric vehicles (LEV) focuses on US production “using processes from the free trade zone with a US certificate of origin.” The purchase price ...
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ArticleUpcycling: BASF and Vaude Professional turn safety workwear into backpacks
BASF, the world’s largest chemical company headquartered in Germany, had the innovative idea of producing new work backpacks from old work clothes. Source: BASF Lotte Adriaenssens and Steven Elseviers, BASF Antwerp Around 3,500 employees work at one of BASF’s many plants in Antwerp, Belgium, and most of ...
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ArticleVaude presents the world’s first fleece jacket made from wood-based polyester
Source: Vaude Women’s Fleece Jacket made from wood-based polyester, to be presented at ISPO Munich The world’s first fleece jacket made from wood-based polyester will be presented by German biochemicals company UPM Biochemicals and German outdoor equipment supplier Vaude at the upcoming ISPO Munich. The two partners ...
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ArticleClimate protection initiative ORCC publishes 2023 annual report
The Outdoor Retailer Climate Commitment (ORCC), an open network of European outdoor retailers for more climate protection in the outdoor industry, has published its annual balance sheet for 2023. The ORCC was founded in September 2021 by the five European companies Yonderland (formerly A.S. Adventure), Bergfreunde, Bergzeit, Sportler and Internetstores. ...
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ArticleEOCA members announce Green Friday fundraiser actions
After inviting companies to participate in its antidote to Black Friday and raise money to help fund EOCA projects, the EOCA has released details of how its membership brands are marking Green Friday on Nov. 28 this year.
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ArticleVF publishes ESG Report for FY 2023
Source: VF Corp Under the title “Purpose. Driven.” VF Corp has published its Environmental and Social Responsibility Report for the 2023 financial year. The comprehensive report emphasizes the key areas that VF focuses on: People, Planet and Product. Topics covered in the report include gender parity, racial ...
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ArticleGiant Group reports further slump in sales and profit in the western markets
Back in August, Giant Manufacturing reported a sales high in China in Q2, which more or less made up for the slump in sales in Europe and North America. In Q3, this was no longer the case – both the consolidated sales and the profit dropped by double digits. Consolidated ...
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ArticleIdeal Bike posts further losses – will Q4 save the day?
After Taiwan’s third-largest bicycle manufacturer Ideal Bike Corporation slipped into negative numbers in H1 of FY 2023, the negative operating results and net losses have continued in Q3. At TWD 3.23 billion (€92.78m), total sales in the third quarter of 2023 were 21.7 percent lower than in the same period ...
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ArticleSchöffel Country comes to continental Europe
With Schöffel Country, a “new” brand that stands for classic British country style with a passion for country life, the traditional form of hunting in the UK and a fascination for fly fishing, is entering the European mainland. Schöffel Country is authentically British, even though the name appears familiar. It ...
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ArticleMerida’s sales and profit down double-digits in the first 9 months, but…
Taiwan’s second-largest bicycle manufacturer Merida Industry Co., Ltd., achieved total sales of TWD 22.53 billion (€651.44m) in the first three sales quarters of FY 2023. Compared to the first nine months of the previous year, this is a decrease of 14.6 percent. Despite this double-digit decline in sales, gross profit ...
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ArticleMore candidates for the French Outdoor Awards 2024
The French Outdoor Awards (FOA) have unveiled the ten product innovations that have been selected in the second phase of the final selection process for the awards ceremony in January 2024. In total, the jury can now choose between 22 outdoor products that have been designed or developed in France ...
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ArticleView from the European Outdoor Group - ISPO incoming
This is always a really important time of year for the European Outdoor Group (EOG) and our members. At a day-to-day business level, the winter season is underway, and how that proceeds has great significance for businesses in our sector. Meanwhile, brands and retailers are also putting a big focus ...
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ArticleIndigenous footwear company Manitobah restructures management team
Manitobah, an Indigenous-rooted footwear brand known for its Manitobah mukluks and founded in Winnipeg, Canada, in 1997 by Sean McCormick, has appointed a new senior management. Carolyn MacNaughton will assume the CEO role, Tom Hildrum will step into the position of CFO, and Mike Wodtke has transitioned from Chief Digital ...
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ArticleWolverine lowers outlook as transformation plan picks up pace
Wolverine Worldwide’s Q3 results weren’t pretty, but they did exceed Street estimates on several fronts as the Merrell, Saucony, and Sweaty Betty parent moved forward with numerous initiatives aimed at reducing annualized costs by $215 million and turning the company’s fortunes in the right direction again. Net income slid ...
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ArticleBleed enters provisional insolvency
In a letter to his loyal customers and in a German-language video (below), Michael Spitzbarth, owner of the sustainable outdoor brand Bleed, explains that his company, which he founded 15 years ago, has had to file for provisional insolvency despite all attempts to avoid this situation. “The sum of many ...
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ArticleNorrøna opens new headquarters in Lysaker
Norrøna, the Norwegian family-owned outdoor apparel and adventure travel company, unveiled its brand new global headquarters in Lysaker, Norway, on Nov. 8. The brand welcomed a host of international guests to the opening of the 3,000-sqm building, which includes Norrøna’s largest and most immersive store to date, a flexible, modern ...
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ArticleInventory levels and sluggish consumption continue to weigh on hGears’ business
German precision gear and component manufacturer hGears AG has announced its figures for the first nine months of FY 2023. It generated consolidated revenue of €84.1 million in these first three sales quarters. This is 18.8 percent less compared to the same period of the previous year. The company said ...
