All Outdoor Industry Compass articles in OIC Vol. 17, Issue 3 – Page 7
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News briefsEurobike Festival Days for consumers in Frankfurt on July 6-7
Frankfurt is once again all about bicycles at the third consecutive Eurobike in the city. With 1,900 exhibitors in four halls on eight levels, 150,000 square meters of total space, an even longer test track with a gigantic range of tests, huge demo and hands-on areas, show stages and a ...
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Short stops
Short Stops Week 23, 2024
RETAIL & DISTRIBUTION +++ Adidas Terrex opened the brand’s first showroom in downtown Boulder, Colorado, a move that the brand says reaffirms and celebrates its “long-term commitment to investing in the outdoor industry at large and marks a significant milestone in the brand’s journey towards growing its presence in Colorado” ...
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ArticleUSWE with 49% organic growth in Q4, annual sales surpassing SEK 100m
The organic net sales of USWE Sports AB, the Swedish parent company of USWE, Void Cycling and Giant Loop, increased by 49 percent in Q4 (January to March) compared to the same period last year. According to the company, this growth was primarily driven by increased sales to wholesalers and ...
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News briefsNew Head of Sustainability at Riese & Müller
Source: Riese & Müller Sarah-Helene Sowa Sarah-Helene Sowa has been named Head of Sustainability at German e- and cargo-bike manufacturer Riese & Müller, effective May 1, 2024. She reports directly to Managing Director Dr. Sandra Wolf and is part of the management team. Sowa’s tasks focus on ...
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News briefsBritish Cycling publishes first sustainability strategy
Cycling association British Cycling, established in 1959, has published its first long-term sustainability strategy, which sets out an ambitious target to achieve net zero cycling by 2035 and halve its carbon emissions by 2030. The strategy, developed with the support of renowned sustainability consultancy Think Beyond and input from across ...
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News briefsLeatt expands with new sales and brand manager appointments in Europe
Leatt, South African manufacturer of off-road protective equipment for motorized and non-motorized two-wheelers, has appointed Kim Thalén and Maciej Gąsior as Sales and Brand Managers across the European regions. Thalén will take on the role for the Nordic and Baltic countries, while Gąsior will be responsible for Eastern Europe. This ...
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News briefsEddie Bauer smart eyewear with ChatGPT launched
Innovative Eyewear, Inc., Miami-based developer of smart eyewear for the Lucyd, Nautica, Eddie Bauer and Reebok brands, has announced the launch of the new Eddie Bauer Smart Eyewear collection. The collection includes voice access to ChatGPT and introduces the world’s first rimless smart eyewear design. Source: Innovative Eyewear ...
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OpinionEmma Zwiebler: Why movement is the best prescription for a healthy workforce
In this opinion piece (originally published on the WEF Agenda blog), Emma (Mason) Zwiebler, CEO of WFSGI, examines the growing cost of physical inactivity and what employers can do to help employees integrate physical activity into their workday.
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ArticleEOCA: Conservation fundraiser returns to OutDoor by ISPO
The European Outdoor Conservation Association (EOCA) is gearing up to present its work and successes at OutDoor by ISPO in Munich (June 3-5). The association is looking to raise further money for its vital conservation work through a fundraiser on its stand, alongside its involvement in several meetings and presentations ...
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ArticleVista rejects offer from MNC, decides to partially sell to CSG
Vista Outdoor announced that the Board has again rejected an unsolicited offer from Montréal-based MNC Capital dated March 25, 2024, in which MNC expressed an interest in acquiring Vista Outdoor in an all-cash transaction for $37.50 per Vista share. Michael Callahan, Chairman of the Board, commented that the Board determined ...
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News briefsHyosung appoints Marketing Manager to support European growth
Source: Hyosung Andreas Puchert Hyosung TNC, the South Korean sustainable textile solutions provider, has hired Andreas Puchert as its new European Marketing Manager Textiles. Puchert will work with the company’s European marketing team in the promotion of Hyosung’s specialty fibers and fabrics to targeted brand and retail ...
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News briefsNew project promoting social partnerships in the European clothing industry
The European Apparel and Textile Confederation (Euratex) and global trade union IndustriAll Europe have teamed up on “Stitch Together,” a new two-year project to promote social partnerships in the European textiles and clothing industry. The project addresses the industry’s need to adapt to global competition while ensuring quality social dialogue ...
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News briefsTextile impact firm Syre raises $100m in funding round
Syre, the textile impact company launched in March by Vargas Holding and H&M Group, has secured a $100 million Series A funding round. The funding will be used to finance the construction of Syre’s new production plant in North Carolina, set to start operations later this year, as well as ...
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ArticleCarbios to open first PET biorecycling plant in France in 2026
Carbios, a pioneer in the development and industrialization of biological technologies to redesign the life cycle of plastics and textiles, and Hündgen Entsorgungs GmbH & Co. KG, a German waste management expert in logistics, sorting services and recycling of recyclables from mixed waste, announced the signing of a non-binding Memorandum ...
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ArticlePetzl publishes Impact Report 2023
French climbing equipment specialist Petzl has presented its initiatives from 2023 in its latest Impact Report. This includes the goals that the company has set internally and with external partners, as well as the projects supported by the Petzl Foundation. Petzl’s internal environmental tools include product life cycle analysis (LCA) ...
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News briefsGerman outdoor jacket brand expands into Canada
According to Retail Insider, German outdoor apparel and accessories company Wellensteyn is expanding into Canada with plans to open at least 20 stores over the next five years. A recent report states that the company will open a 200-sqm store at the Outlet Collection at Niagara in August. The store ...
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ArticleArc’teryx joins Ellen McArthur Foundation’s Fashion ReModel Initiative
Arc’teryx Equipment has announced its participation in the Ellen MacArthur Foundation’s Fashion ReModel initiative, a global apparel industry initiative that aims to find solutions to promote sustainability and innovation in the fashion sector and overcome barriers to the adoption of circular economy models. Launched at the Global Fashion Summit in ...
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News briefsFjällräven in top position at Tradera
Fjällräven has ranked first in both the overall apparel industry category and the outdoor apparel category in the Circular Brands 2024 annual report from Tradera, Sweden’s largest second-hand marketplace. The Tradera Circular Brands 2024 is a report that showcases the clothing brands that are most valued on tradera.com and are ...
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News briefsMips almost universally adopted by World Tour teams
Swedish helmet safety technology provider Mips AB announced that its technology is being widely adopted by World Tour cycling teams. In 2024, 87 percent of women’s teams and 83 percent of men’s teams have opted for helmets with the Mips safety system, representing a clear commitment to athlete safety. “This ...
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News briefsPeak Performance publishes 2023 sustainability report
Amer Sports brand Peak Performance has published its new Sustainability Performance 2023 report. It highlights key achievements, progress in key business areas and sustainability initiatives and performance. “Designing for circularity, longevity, and ethical production is key to our ESG goals and securing our brand’s enduring legacy for future generations of ...
