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
Voluntary Carbon Market Rankings for 2022 and market analysis published
The Voluntary Carbon Market Rankings, published annually by online news and analysis service Environmental Finance, are on firmer footing in their third year of existence, with the number of completed returns doubling from around 2,000 in 2021 to nearly 4,000 this year, up from 1,500 two years ago.
U.S. federal report on microfiber pollution released
Mandated by the U.S. Congress, the Interagency Marine Debris Coordinating Committee (IMDCC) has delivered a new report on microfiber pollution coordinated by the National Oceanic and Atmospheric Administration’s (NOAA) Marine Debris Program. According to the paper, not only are microfibers a highly complex and diverse type of contaminant, but research ...
Eurobike 2023 offers exhibitors three-day B2B participation
Following this year’s Eurobike premiere in Frankfurt, organizer Fairnamic is already setting the course for Eurobike 2023 (June 21-25). In addition to the previous hall and open-air site participation, the organizer will offer a booth booking option covering the first three trade-only visitor show days for the first time – ...
Adidas exhibits its “made to be remade” products in London
At Design London 2022, taking place at Magazine London on Sept. 21-24, Adidas has organized an exhibition titled “Chasing Circularity.” The exhibits showcase the brand’s journey since the 2019 launch of Futurecraft.Loop, a corporate initiative that explores ways to make reusable products. The project has been working on a circular ...
Patagonia and Gellert’s reactions to allegations of tax evasion
We summarize what Patagonia CEO Ryan Gellert and competitors have to say about Chouinard’s move to donate Patagonia to fight climate change.
E-Commerce: Secondhand marketplaces on the rise
Cross-border marketplaces are developing fast, and the C2C trend is one of the drivers.
Felix Münnich becomes the new chief commercial officer at Mammut
Münnich comes from one of the top players in the sporting goods business to Mammut.
Lenzing suspends 2022 earning outlook over market deterioration
The Lenzing Group has announced that, because of “the drastic deterioration of the market environment in the current quarter,” it has suspended its guidance for the development of earnings in the 2022 financial year. The specialist fiber manufacturer specifically referred to “the extremely low visibility on the demand side and ...
Ethical Trading Initiative issues new assessment for production in Myanmar
The Ethical Trading Initiative (ETI) has commissioned an independent evidence-based assessment of human rights and responsible business conduct within Myanmar. The assessment was conducted by Due Diligence Design, with research and analysis from partner Impactt; guidance on the implications of the UN Guiding Principles (UNGPs) from SHIFT; and consultation with ...
KMD Brands sees sales momentum resuming
After a challenging first half impacted by the effects of the Covid-19 pandemic, KMD Brands experienced rebounding sales in the final two quarters.
Paul Lange management expands with third-generation family member
Stuttgart-based bicycle wholesaler and importer Paul Lange & Co OHG has filled the newly created position of chief strategy officer (CSO) with Paul-César Lange, who will be responsible for strategic direction in his new role with immediate effect. He will ensure that the company is prepared for all current global ...
Portugal’s two-wheeler export volume grows 38 percent in the first 7 months
According to the Portuguese Bicycle Industry Association ABIMOTA, Portugal has achieved a production growth of 38 percent in the first seven months of the current year 2022 (and compared to the same period in 2021). These figures, which have also been confirmed by the European Union’s statistical office Eurostat, make ...
Chouinard family transfers Patagonia ownership to channel dividends to environmental protection
Nearly 50 years after founding Patagonia, Yvon Chouinard and his family (together with his children Claire and Fletcher) have decided to give away their company to ensure all proceeds will be used to fight climate change. The Chouinard family has transferred all ownership to two new entities: Patagonia Purpose Trust ...
Opening up the Outdoors: A report from the Outdoor Industries Association’s annual gathering
The British trade body’s Annual General Meeting has been a great indicator of its national waymarks: it marked the speech from the Prime Minister about putting the country into lockdown, it was the first gathering I attended post lockdown, while this week, it marked the death of the monarch – ...
Mips predicts temporarily weaker bicycle market than expected
After two years of bicycle-related sales records, the listed Thule Group AB already spoke of an imminent temporarily reduced bicycle-related sales volume that will affect sales and profitability in the coming months (OIC reported). Now Mips AB, also from Sweden, is following suit: The Brain Protection System (BPS) manufacturer, also ...
Lenzing sees Austrian site at risk due to energy costs, politics and shortage of skilled workers
Stephan Sielaff, the CEO of fiber manufacturer Lenzing AG, sees Austria as an attractive production location - but also as a vulnerable one. “Gas prices are high in Austria, but not in China. If we can no longer cover our costs, at some point, it will be the end of ...
Oberalp Group presents products made from hemp
Right next to Oberalp’s own hemp field, the Alpine Hemp collection from Salewa was among the products presented at a cross-industry event on the topic of hemp on Sep. 7. For this purpose, industrial hemp was grown and processed into new products in a multi-industry partnership. At the press conference ...
The final countdown to EOS 2022 in Annecy has begun
There are just three and a half weeks to go until the European Outdoor Summit (EOS), which will be held at the Imperial Palace Hotel in Annecy on Oct. 6-7. After a two-year hiatus, the European Outdoor Group (EOG) has partnered with OSV to put together an impressive lineup of ...
Riese & Müller with new management structure and first-time management board
Almost 30 years ago, Markus Riese and Heiko Müller, then students, founded the bicycle company Riese & Müller GmbH (R&M). Since then, the German business has grown from a folding bike start-up to a global player in the e-bike market and today employs over 900 people and generates annual sales ...
EOCA submits application for Earthshot Prize
The European Outdoor Conservation Association (EOCA) has taken a step forward with its application for the 2022 Earthshot Prize. Launched in late 2019, the Earthshot Prize will award five £1 million prizes each year for ten years. Established by Prince William and the Royal Foundation of The Duke and Duchess ...
Swedish e-bike manufacturer EcoRide brings production home
Due to its growth course and imposed EU anti-dumping duties on e-bikes from China, e-bike supplier Nordic Group EcoRide AB moved its production from China to Poland in 2018 – still under the old company name ProNordic Group. Now the Swedish company is moving production again, from Poland to Sweden ...
Spinnova reports soaring revenues in H1
Spinnova has reported revenues of €7.6 million for the first half of 2022, which compares to €370,000 in the first half of 2021 and to €6.1 million for the whole of 2021. However, the Finnish biomaterials company also reported an operating loss of €5.8 million for H1, which compares to ...
Bosch eBike Systems expands IBD service portfolio in Europe
German e-bike drivetrain maker Bosch eBike Systems is strategically expanding its service portfolio for independent bicycle dealers in Europe. In addition to launching training courses in five additional countries (Ireland, Croatia, Luxembourg, Poland and Slovenia), the company has created a new partner portal that allows e-bike dealers to stay up ...
Pon Holdings continues to invest in the automotive and bicycle mobility segments
After the parent company of Pon Bike Group (PBG), Pon Holdings B.V., on June 1 became a minority shareholder in German car dealer Adelbert Moll GmbH & Co. KG (better known as Moll Group) for an undisclosed amount, the Dutch retail and services giant has now acquired the DTC bicycle ...
What to expect at ISPO Munich in November 2022
Tobias Gröber, head of ISPO Group, revealed the latest plans for the upcoming ISPO Munich from Nov. 28-30 and gave an interesting outlook on the sports market in general.
Ecco finishes renovation of headquarters
Ecco has completed the refurbishment of its headquarters located in Bredebro. The town, situated in southern Denmark, has been the company’s home since its foundation in 1963 by Birte and Karl Toosbuy. The site comprises various corporate functions, including finance, supply chain, procurement, information technology, human resources and corporate responsibility. ...
It’s Great Out There Coalition enters ambitious new era with OUTO, Schimeck new president
The It’s Great Out There Coalition (IGOT) has begun a new era following a successful extraordinary general assembly this week. At the meeting, held online, members approved changes to the constitution that allowed for the incorporation into the coalition of the U.K.-based initiative Opening Up the Outdoors (OUTO). During the ...
The next generation strengthens Edelrid's management
Since Aug. 1, 2022, Vitus Wuhrer has reinforced the management of Edelrid GmbH & Co.KG, the German company specializing in the manufacture of PPE (personal protective equipment) items for alpinism and mountaineering as well as professional applications, and part of the Vaude Group. Together with his father, Albrecht von Dewitz, ...
A view from the European Outdoor Group
While I know that business doesn’t stop during the summer, nevertheless it is a time when many people take the opportunity to have a significant break with their families or, in the case of climbers and backpackers, head out on a big trip into the outdoors. So, August can be ...
BikeExchange reports higher revenue and loss, lower costs
In its 2021/22 annual report, publicly traded online bicycle marketplace BikeExchange Limited makes no secret of the fact that it has been on a rigorous restructuring course over the past 12 months. Nevertheless, total revenue increased 47.4 percent compared to the previous fiscal year 2020/21 (which also ended June 30) ...
