All PrimaLoft articles
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Article
PrimaLoft drops two new high-performance down alternatives
PrimaLoft, Inc. has expanded its range of synthetic down alternatives. PrimaLoft Insulation ThermoPlume+ and PrimaLoft Insulation RISE Loose Fill are the latest products that, according to PrimaLoft, combine the performance and aesthetics of natural down with the benefits of PrimaLoft synthetic fibers, all in a sustainable chassis case. Brands such ...
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Article
CoDi believes inventory will become tailwind in 2024
After a difficult 2023, where inventory destocking negatively impacted results at its four outdoor-related businesses, Compass Diversified (CoDi) is banking on a “much higher level of growth” for many of its consumer businesses this year. Additionally, the group, which has eyes on more companies and brands in its portfolio, says ...
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Article
Maier Sports’ Circle4Future project takes shape
German outdoor apparel specialist Maier Sports has entered into a strategic partnership with Sympatex, the provider of sustainable membrane technology, to make outdoor weather protection products 100 percent circular. The aim of the “RE-innovation” concept is to create a system in which resources are not thrown away and destroyed, but ...
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News briefs
Former Saucony President to become new CEO of PrimaLoft
Source: PrimaLoft Anne Cavassa Compass Diversified (CoDi), the Westport, Connecticut-based owner of several sporting goods brands, including Boa Technology, 5.11 and Velocity Outdoor, announced the appointment of Anne Cavassa as Chief Executive Officer of its subsidiary PrimaLoft Inc. effective Jan. 1, 2024. The move follows Cavassa’s recent ...
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News briefs
PrimaLoft has a new president
Source: PrimaLoft Anne Cavassa, PrimaLoft President New York-based PrimaLoft, Inc. announced the appointment of Anne Cavassa as the company’s new President. Cavassa joins CEO Mike Joyce in a strategic move that reinforces PrimaLoft’s commitment to growth, innovation and sustainability. Cavassa most recently served as President of Saucony ...
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News briefs
CoDi’s large premium for Marucci will benefit the business
Compass Diversified’s decision to divest its Marucci Sports business to Fox Factory for $572 million after purchasing the brand for $200 million in 2020 will help the company reduce its cost of capital and give it “greater ability to increase shareholder returns,” it said in a statement. In Q3 ...
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Article
CoDi maintains guidance despite ongoing inventory headwinds
Net income from continuing operations in Compass Diversfied’s (CoDi) branded consumer companies related to sports, outdoor and apparel (5.11 Tactical, Boa, Marucci Sports, PrimaLoft, and Velocity Outdoor) declined by 68 percent to $6.94 million from $21.4 million for the period ended June 30. Total revenues from the five companies fell ...
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News briefs
PrimaLoft expanding its Active Evolve range
Source: PrimaLoft OMM Core Hoodie with PrimaLoft Active Evolve PrimaLoft is to expand its Active Evolve product range, adding four new Active Evolve styles. Originally launched in 2018, PrimaLoft Active Evolve is a line of insulating fabrics designed to “evolve” performance, design, and sustainability; combining the lightweight ...
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Article
PrimaLoft appoints new sales management for Europe, reorganizes territories
Materials technology company PrimaLoft Inc, owned by Connecticut-based Compass Diversified (CoDi) since mid-2022, has announced the reorganization of its European sales management. Effective June 1, Leonardo Loro was promoted to sales manager for Europe. In addition, the company welcomed Mario Vlietinck as its new territory manager for France, Benelux and ...
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Article
CoDi lifts FY outlook, but cautious on Q2
Compass Diversified (CoDi) anticipates a “significant snapback” in revenue growth and profitability within key businesses once a current industry inventory destocking cycle ends. The group’s current Q2 forecast is both cautious and conservative despite its decision to lift its FY23 adjusted earnings range to $110 to $135 million and consolidated ...
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Article
PrimaLoft launches insulation made from Ocean Bound Plastic, Helly Hansen and Isbjörn first to feature
Source: Helly Hansen Helly Hansen Arctic Short Jacket with PrimaLoft Insulation with Ocean Bound Plastic As part of its Relentlessly Responsible™ mission, PrimaLoft Inc. has introduced new insulation made from 100 percent post-consumer recycled material, with 60 percent of the recycled material being Ocean Bound Plastic, sourced ...
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News briefs
Compass Diversified announces changes to the board of directors
Compass Diversified Holdings (CoDi), the owner of Boa, PrimaLoft, Velocity Outdoor and 5.11, announced that its board of directors has nominated a new candidate for election at CoDi’s 2023 annual meeting of stockholders, which will be held May 25. Nancy B. Mahon will join the seven current directors up for ...
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News briefs
PrimaLoft with new CFO
Source: PrimaLoft Jason Kerley Materials technology company PrimaLoft, Inc., a subsidiary of Compass Diversified (CoDi), has announced the promotion of Jason Kerley to chief financial officer. Kerley, who currently serves as vice president - controller, will assume the position following the departure of Tom Seaver, who joined ...
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Article
Compass Diversified branded results impacted by PrimaLoft
Net income from continuing operations in Compass Diversified’s (CoDi) branded consumer companies related to sports, outdoor and apparel (5.11 Tactical, Boa, Marucci Sports, PrimaLoft, and Velocity Outdoor) declined by 81 percent to $2.79 million from $14.73 million in Q4, negatively impacted by operating losses at both PrimaLoft and Velocity Outdoor. ...
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Article
Compass Diversified with record quarter
Net income from continuing operations in Compass Diversified’s (CoDi) branded consumer companies related to sports, outdoor and apparel (5.11 Tactical, Boa, Marucci Sports, PrimaLoft, and Velocity Outdoor) fell 25 percent to $15.3 million from $20.3 million for the period ended Sept. 30. Total sales from the five companies rose 16 ...
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News briefs
Isbjörn continues sustainability promise: New collection with PrimaLoft’s Ocean Bound plastic insulation
Source: Isbjörn of Sweden Isbjörn Sealion with PrimaLoft Insulation with Ocean Bound plastic Swedish outdoor children’s brand Isbjörn of Sweden continues its ambitious sustainability pledge and partnership with Primaloft for Fall/Winter 2023 with a new collection of padded products using PrimaLoft’s new insulation with Ocean Bound plastic. ...
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News briefs
Jack Wolfskin becomes partner of the Kendal Mountain Festival
German outdoor company Jack Wolfskin has become a partner sponsor of this year’s Kendal Mountain Festival. The festival is the ultimate social gathering for outdoor enthusiasts, held each year on the edge of the Lake District in the northwest English county of Cumbria. The festival takes place this year from ...
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News briefs
Primaloft backs new plastics biodegradability lab at U.S. university
The University of Massachusetts (UMass) Dartmouth has opened a new learning and product development laboratory at its School for Marine Science & Technology in New Bedford. The opening ceremony was held on Sept. 13. The creation of the new lab was made possible by a public-private investment, including a grant ...