The latest news, analysis and data on topics including Financial Results, Corporate, M&A, Omnichannel, Retail & Distribution, E-Commerce & DTC, Market statistics, Policy & Legal, Trade & Sourcing, Marketing, Products, Trade fairs & Conference
Johnson Outdoors sees improving supply availability in fishing
Johnson Outdoors has reported mixed first-quarter results, with improving sales trends in fishing and diving and declines in camping and watercraft, but higher-cost inventory continues to press on margins. The group, while uncertain how the spring season will evolve, intends to monitor demand and proactively manage inventory levels as the ...
Bicycle developer and designer Andi Muff has new OEM offering
Andy Muff has developed a new damping system that uses an unusual natural fiber
Vista Outdoor net income dips 45% in Q3
Vista Outdoor, the group that owns 41 sporting and outdoor brands, saw its Q3 net income fall by 45 percent to $65.1 million from $118.1 million for the third quarter ending Dec. 25. Reported earnings before interest and taxes (EBIT) declined by 38.8 percent to $97.3 million. Earnings before interest, ...
Fashion For Good launches 18 month-project Sorting for Circularity in the U.S.
Funded by Adidas, Inditex, Levi Strauss & Co, Target, Eastman, H&M and Nordstrom, Amsterdam-based Fashion for Good (FFG) has launched a new initiative focused on the North American textile-to-textile recycling market. The Sorting for Circularity U.S. project builds on lessons learned by FFG from previous projects in Europe and India.
Review: Slide/ Winter OTS Winter Trade Show 2023
With the flip of ISPO to before Christmas and much nearer the opening of the Fall/Winter 23/24 buying window, the British show acted more as a way to wrap up order-taking for retailers. ISPO also was reorganized to have Hall B2 as the center of conversations and thinking. Munich saw ...
Giant Group acquires minority stake in Stages Cycling
According to two filings published on the Taiwan Stock Exchange (TWSE), the country’s largest bicycle manufacturer, Giant Manufacturing Company Ltd (a.k.a. Giant Group – Cadex, Giant, Liv, Momentum brands), has acquired a minority stake in U.S.-based indoor cycling and professional cycling training expert, Stages Cycling LLC.
Dometic Q4 organic sales slump 11%
Dometic reported sales in the fourth quarter of 2022 of 6,172 million Swedish kronor (€550.1m), up by 11 percent on the year earlier, as acquisitions and currency tailwinds more than offset an 11 percent contraction in organic sales.
Swedish sports retail sales decreased by 7.5 percent in Q4
The quarterly Sportindex by Svenskt Sportforum shows that Swedish sports retail sales decreased by 7.5 percent in the fourth quarter of 2022, making it the fourth consecutive quarter with negative development for sports retail. For the full year 2022, sports retail sales development landed at -5.8 percent.
GfK e-bike monitor 2022 researches European consumer journey
In its latest European comparison of the e-bike market, GfK has researched the owners’ preferences, the customer journey of potential e-bike buyers and the actual use of the bike once it is purchased. The GfK E-Bike Monitor 2022 reveals that many e-bike buyers are already owners: for example, one in ...
Now available: How to get your supply chain data compliance-ready
Our latest free EDM Expert Talk in partnership with TrustTrace. We provide you with a practical roadmap to getting your data ready for compliance.
EuRIC study on secondhand clothing quantifies what we suspected
While 62 percent of used clothing still end up in household waste today, their re-use could contribute massively to CO2 and water savings efforts. The Brussels-based European Recycling Industries’ Confederation (EuRIC) has now commissioned a new life-cycle assessment (LCA) that compared new clothing to secondhand textiles. The LCA shows that ...
Anta CEO hands over duties while group reshuffles management positions
To facilitate the implementation of the group’s “multi-brand” and “globalization” strategies, Anta Sports separated the roles of chairman and CEO and implemented several other executive changes.
Gorpcore: Where fashion and sportswear meet
Gorpcore: the trend you may have missed and the huge potential it holds for performance brands. We explain it and evaluate its potential.
Greenwashing: The tide and the law are turning
When does an environmental claim become greenwashing? We outline the current legal position on using environmental claims to market products
Is this the end of PFAS?
What does the announced Oeko-Tex ban on the use of PFAS in textiles and footwear mean for the industry and the future of waterproof clothing and footwear? Our article explains the latest changes and lists alternative weatherproof solutions already available. So what is the future of PFAS? Do the recent ...
Emerald acquires U.S. organizer of Overland Expo Series
Trade show organizer Emerald Holding, Inc, responsible for the U.S. trade show Outdoor Retailer, among others, has acquired all assets of Lodestone Events, a U.S. event production company that owns and operates the Outside Adventure Expo and Overland Expo event series. According to an official statement, the acquisition supports “Emerald ...
2022 bicycle stock chart development proves you can always do worse
Five are up, the majority are down. Compare your brand’s performance with our analysis of the 2022 bicycle stock market.
Solo Brands eyes deeper assortments with wholesale partners
The publicly traded Grapevine, TX company, which owns four businesses led by its Solo Stove unit, has a Direct-To-Consumer to Wholesale ratio of 85 to 15, a percentage that is likely to persist given Solo’s extreme focus on its relationship with customers. But Solo has a new partnership with warehouse ...
European Fashion Alliance summit defines roadmap to change, plans industry-wide survey
The European Fashion Alliance (EFA), founded in Summer 2022, held its first meeting during the trade show Gran Canaria Swim Week in October 2022 to specify its goals and define the alliance’s roadmap for the next years. Top of the agenda was the EU Green Deal to reduce net emissions ...
New anti-greenwashing rules come into effect in France
As part of its legislative arsenal to combat climate change, the French government has now introduced the next stage of its anti-greenwashing legislation, effective since January 1, 2023. The new rules are following a major step to control claims on carbon offsetting and carbon neutrality in advertising that came into ...
Helen of Troy making three organizational changes
Helen of Troy, the parent of Osprey and Hydro Flask, is undergoing three organizational changes and shrinking its global workforce by about 10 percent, with most staff reductions completed before March 1. Most notably, the group has decided to merge its Health & Wellness and Beauty segments, centralize its global ...
German bicycle manufacturer Prophete files for insolvency proceedings
On Dec. 20, the renowned German bicycle manufacturer Prophete GmbH & Co. KG filed a petition to open insolvency proceedings (file number 43 IN 777/22). The court appointed Manuel Sack of nationwide law firm Brinkmann & Partner as Prophete’s provisional insolvency administrator. Between Dec. 20 and 23, the following entities ...
Oberalp Group begins construction of new Pomoca headquarters
The South Tyrol-based Oberalp Group has laid the foundation stone for the new production facility of its Pomoca brand. The new headquarters are now under construction at the foot of Mount Suchet in Chavornay (Vaud), Switzerland, some 30 km north of the current production site. Pomoca’s managing director, Josep Castellet, ...
Mountain Equipment publishes first impact and responsibility report
U.K. brand Mountain Equipment has released its first annual impact and responsibility 2021 report that covers work the brand has undertaken to date to understand and reduce the impact on the environment, to identify and reduce its carbon emissions, and enhance its corporate and social responsibility. The 41-page paper, titled ...
Cotopaxi adds three new management positions
U.S. brand Cotopaxi has added three new executives to its senior management team during the last months: Kamal Thota, vice president of technology, Jason Hermann, vice president of corporate sales, and most recently Charlie Mangini, who joined the company as its vice president of operations.
Icebreaker’s Josh Vaughan: “We can take market share from the synthetic base”
Icebreaker’s General Manager EMEA talks about how he wants to increase the share of natural fibers, how Icebreaker needs to be positioned, and which decision in the past was a mistake.
Trial phase of the new Bike24 logistics center for southern Europe underway
Before the end of the year, the new logistics center of the German cycling, running and swimming sports online retailer Bike24 Holding AG started its pilot run in Barcelona. The first test packages have already been shipped. This means that the second logistics center of the “leading e-commerce platform for ...
Textile Exchange takes a cautiously positive view on COP15
At the conclusion of COP15 in Montréal, Canada, world leaders adopted the Global Biodiversity Framework (GBF). Liesl Truscott, director of industry accountability and insights at Textile Exchange, assesses the agreement for the fashion, textile and apparel industries in a statement on the Textile Exchange website.
Open letter urges European Commission to revise REACH regulatory
The European Commission has recently decided to postpone the revision of the regulation for evaluating and authorizing chemicals (REACH) to Q4 2023. In response, 22 global consumer companies have called on the president of the European Commission, Ursula von der Leyen, to reverse the decision to postpone the consultation process. ...
Outdoor Retailer announces finalists for OR Innovation Awards
Outdoor Retailer (OR) announced the finalists for its fifth annual Outdoor Retailer Innovation Awards. An independent panel of experts evaluated all 132 entries to determine the 30 finalists, which include innovative new outdoor and winter sports products, fabrics and materials, and digital and retail services. All finalists will be displayed ...
