All Outdoor Industry Compass articles in Vol. 16, Issue 2 – Page 16
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News briefs
UnternehmerTUM launches new networking project Circular Republic
UnternehmerTUM, a hub for company start-ups and a joint initiative by companies and the Technical University Munich (TUM), has launched a spin-off project named Circular Republic. The newly founded initiative sets out to back start-ups and support established companies with circular economy funding programs. As a connective platform, the Circular ...
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News briefs
Aku posts 28.6% sales growth
Aku posted revenues of €29.2 million in 2022, representing a 28.6 percent increase from the previous year, primarily driven by international sales. Export accounted for 82 percent of the company’s sales. Europe recorded a 14 percent sales increase, while Asian sales jumped by 99 percent. In 2022, the Italy-based outdoor ...
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News briefs
Red Chili brand without Hofstädter and Glowacz
With the start of the new year, Edelrid has taken over all responsibilities for the climbing equipment brand Red Chili from Stefan Glowacz and Uwe Hofstädter. The company was founded by the two German climbers in 1996 and is part of the Edelrid group since 2017 (as reported in OIC). ...
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Opinion
Sustainability Reports: Greenwashing, job creating, or doing good?
For those who want to find them, outdoor brands are now producing reports about their impacts. Just like a business has to produce its company accounts on a regular basis to demonstrate that they are operating legitimately, there is now a push for more than just profit-and-loss financial figures. Fortunately, ...
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Article
Review: Slide/OTS Winter 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 ...
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News briefs
Amer’s Enve Composites has a new GM
Source: Enve Composites Mike Stimola, Enve’s new GM U.S.-based Enve Composites, a manufacturer of carbon bicycle frames, wheels and components and, more recently, apparel, has a new general manager. Mike Stimola succeeded Jeremy Venz at the turn of the year. Under Venz, who joined Enve in 2005 ...
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Article
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. Following the approval at ...
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News briefs
Oeko-Tex certifies first German tannery according to STeP
Leder Heinen, one of the last tanneries in Germany, and its Terracare product label have received the Oeko-Tex® STeP certificate. Terracare leather is used in the products of well-known outdoor footwear manufacturers such as Lowa, Meindl, Hanwag and Mammut. Oeko-Tex STeP is an abbreviation for “Sustainable Textile & Leather Production” ...
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News briefs
Jack Wolfskin introduces 3D-printed backpack carrying system
Source: Jack Wolfskin 3D Aerorise 40L Jack Wolfskin has unveiled its latest development in backpack technology. The new Aeorise series, consisting of 20-, 30- and 40-liter versions, has a 3D-printed carrying system that enhances the backpack design with zonal body mapping technology. The technology allows for a ...
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News briefs
Fubuki will be distributed in Italy by Nov.ita
Nov.ita has announced that it will distribute the Japanese winter boots brand Fubuki in Italy. Based in Turin, Nov.ita is already the Italian distributor for Camelbak and Buff, among other brands. Fubuki was founded in 2019 in Niseko, Japan, by Kalle Norman and Christofer Ljunggren. The brand is currently sold ...
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Short stops
Short Stops Week 5, 2023
RETAIL & DISTRIBUTION +++ P.A.C., the German specialist in multifunctional headgear and socks, is entering the Italian market through a distribution agreement with White Distribution TRADE SHOWS & EVENTS +++ Milano Climbing Expo, the climbing event in Milan, will be back on Feb. 10-11, 2023, after a two-year ...
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Article
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. The decline in organic sales at the Swedish specialist in products for ...
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News briefs
Polygiene completes LCA with encouraging results
Chemical technology specialist Polygiene has completed a life cycle assessment (LCA) to achieve a precise database for the environmental impact of washing, comparing non-treated garments with those treated with its StayFresh textile treatment. For the evaluation, Polygiene teamed up with engineering firm Sweco to study the benefits of skipping just ...
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News briefs
Amer Sports pioneers with Sourcemap’s new traceability software
SaaS-provider Sourcemap has announced that Amer Sports, the parent company of Arc’teryx, Salomon and Wilson, among others, will be the first customer to utilize the software for products made with cotton and viscose. After the U.S., legislation like the Uyghur Forced Labor Prevention Act (UFLPA) forced importers to irrefutably prove ...
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News briefs
Vista creates action sports division under outdoor umbrella, led by Fox Racing president
According to Shop Eat Surf, Jeff McGuane, president of Fox Racing, has been promoted at Vista Outdoor to lead a restructured Action Sports division, which includes Fox Racing, Bell, Giro, Blackburn, Krash, Copilot and Raskullz. Vista Outdoor acquired Fox Racing in August 2022. According to the same media source, McGuane’s ...
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News briefs
Jack Wolfskin partners with U.K.’s 1000 Miles campaign
Jack Wolfskin is the official clothing sponsor of the Walk 1000 Miles campaign for 2023. Run by Country Walking Magazine, Walk 1000 Miles is Britain’s largest self-improvement movement, where participants commit to walking 1000 miles whenever and wherever they want within a calendar year, improving both their ...
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News briefs
Archroma launches new range of dyes made from textile waste
Chemical technology expert Archroma has launched a new line of colors originating from textile waste. The range of dyes called FiberColors uses cotton and/or polyamide and their blends (with a >95 percent purity) to substitute the major part of the petroleum-based raw material usually used to make dyestuff. Synthesized from ...
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News briefs
SAC and Bangladesh Apparel Exchange partner for the Sustainable Apparel Forum
The Sustainable Apparel Coalition (SAC), an independent organization aiming to drive positive social and environmental impact, has announced a strategic partnership with the Bangladesh Apparel Exchange (BAE) for its fourth edition of the Sustainable Apparel Forum. The event will be held on March 15-16, 2023, in Dhaka, Bangladesh, and aims ...
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Article
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. However, the drop ...
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Article
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 ...