All Outdoor Industry Compass articles in OIC Vol. 17, Issue 2 – Page 5
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ArticleDecathlon 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 ...
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ArticleNew 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 ...
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News briefsOdlo ReWear successfully established
As part of Odlo’s ReWear program, used garments can be returned to selected Odlo stores in Germany, Austria, and Switzerland to give them a new life. The program is based on taking back, repairing, and reselling used clothing and is a further effort by Odlo to reduce the sports industry’s ...
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News briefsGlobetrotter back with its open-air test festivals
The German outdoor retail chain Globetrotter is kicking off the new summer season with its open-air “Freiluft” test festivals from mid-April. The series begins in Frankfurt am Main on April 13 and 14, followed by test festivals in Cologne, Munich, Berlin, Hamburg, Dresden and Stuttgart. With around 40,000 visitors at ...
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ArticleBike24 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, ...
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News briefsLenzing wants to make textile glacier covers more eco-friendly
Austrian Lenzing Group has presented an innovative concept that aims to contribute to the sustainable protection of our glaciers and, at the same time, stimulate a circular economy in the value chain of nonwovens and textiles. Geotextiles are used to protect ice and snow from melting due to global warming. ...
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ArticleEOCA 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 ...
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ArticleVista 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 ...
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ArticleSlump 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 ...
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Short stops
Short Stops Week 13, 2024
RETAIL & DISTRIBUTION +++ Swedish outdoor clothing and equipment brand Fjӓllrӓven will open this spring a new flagship store in Sheffield’s Charles Street, UK, in collaboration with long-term partner The Sporting Lodge +++ Academy Sports + Outdoors, a publicly traded full-line sporting goods and outdoor recreation retailer in the ...
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News briefs66° North appoints Strategy and Business Development Director
Source: 66° North Josefine Laigaard 66° North, the Iceland-based sustainable outerwear brand, has announced the appointment of Josefine Laigaard as Strategy and Business Development Director. She will work in the brand’s new satellite head office in Copenhagen and “will play an integral role” in the company’s expansion ...
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News briefsCanyon extends deal with van der Poel until 2034
Canyon Bicycles has announced a ten-year agreement with World Road Cycling Champion Mathieu Van der Poel, the “longest-known contract in modern-day cycling,” said the brand. Canyon’s partnership with the 29-year-old Dutch rider started in late 2017 and will now run until the end of 2034. Van der Poel rides a ...
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News briefsThe figures of the first edition of Vietnam’s new textile trade show
The inaugural edition of the Vietnam International Trade Fair for Apparel, Textiles, and Textile Technologies (VIATT) attracted 409 exhibitors from 17 countries and welcomed 17,262 visitors from 55 countries. The event, which took place in Ho Chi Minh from Feb. 28 to March 1, was organized by Messe Frankfurt and ...
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ArticleLenzing 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 ...
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News briefsEU announces “Textiles of the Future” partnership
Source: European Commission The European Commission has announced nine new European co-funded and co-programmed partnerships, including “Textiles of the Future,” as part of the Horizon Europe Strategic Plan 2025-2027. Textiles have, therefore, been included among the priorities of the EU’s Horizon Europe innovation funding program for the ...
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News briefsRecco enters into strategic partnership with Alpine Club of Canada
Recco has entered into a strategic partnership with the Alpine Club of Canada (ACC). The partnership will enhance the safety of the ACC volunteer network, educate the ACC community at large about backcountry safety and findability, and contribute to Recco’s mission of enabling findability for all backcountry users. Headquartered in ...
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ArticleEOS 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 ...
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News briefsSport 2000 planting trees
Around 50 employees and partners of Germany-based Sport 2000 GmbH and the Klimahelden Aschaffenburg e.V. initiative have planted over 2,000 trees in the forest of the southern German town of Alzenau to help restore the immense storm damage caused in 2019 when trees were uprooted over an area of around ...
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News briefsThe winners of the UK Outdoor Industry Awards 2023
The OIA has announced the winners of the UK Outdoor Industry Awards 2023, which were presented at the 2024 OIA Conference at Drayton Manor Resort, Tamworth. The awards process began at the Outdoor Trade Show (OTS) 2023, which took place in Liverpool in June. There, a panel of judges made ...
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News briefsFirst edition of Angling International Live
The first-ever edition of the Angling International Live show will take place on Sept. 26-28 at Hungexpo in Budapest. The new event is open to all professionals in the angling trade, including tackle retailers, distributors, wholesalers and sales agents. Angling International Live is organized by Angling International, a UK-based B2B ...
