All Outdoor Industry Compass articles in Vol. 16, Issue 2 – Page 6
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News briefsChange in Polygiene’s board of directors
Rajesh Varma, a board member at the Polygiene Group since 2022, has announced his resignation from the company’s board due to changed employment conditions. Varma has announced his immediate resignation from the company’s board of directors, after leaving his position at DNCA. He will not be replaced. Håkan Lagerberg, representing ...
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News briefsHoudini partners with adventure travel company PRSNT
Swedish outdoor brand Houdini has entered a partnership with globally operating women’s adventure retreats and travel company PRSNT. The travel company was founded by former pro snowboarders Kjersti Østgaard Buaas (Norway) and Chanelle Sladic (California). Through PRSNT, Houdini is hosting the first women’s winter retreat in Mammoth Lakes in mid-March, ...
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ArticleA view from the European Outdoor Group
Last month, European Outdoor Group members gathered (online) for the Annual General Assembly (AGA). During this important meeting, we took the opportunity to look back and ahead. As well as completing some formal business, we agreed on our core program of activity and budget for 2023. Traditionally, the AGA is ...
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News briefsBergzeit supports social projects with €10K from returned products sale
German mountain sports retailer Bergzeit held a special sale of returned and sample merchandise at its Gmund store in January 2023. During the four-day sale, returned items were offered at heavily discounted prices. According to the company, this was to send a signal against the destruction of returned and old ...
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News briefsSympatex to launch new recycled laminates at Performance Days
At the Performance Days Munich on March 15 to 16, 2023, Sympatex will launch new recyclable, GRS-certified, polyester-based textiles consisting of 100 percent recycled textiles, ready to be fed into the textile cycle at the end of their product life. Thus, the mono-material products already correspond to the future binding, ...
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News briefsSchöffel reorganizes company management structure
Source: Schöffel Stefan Ostertag Just a few weeks after the latest changes within the Schöffel management (as reported by OIC), the German company has decided to modify its management structure. As of April 1, 2023, the digital business and marketing teams will be merged and led by ...
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News briefsSolo Brands sets FY23 revenue range
Solo Brands, parent of Oru Kayak, Isle paddleboards, Chubbies apparel, and Solo Stoves, is forecasting 0.5 percent to 4.3 percent revenue growth in FY23 to a range of $520 to $540 million with a corresponding adjusted Ebitda margin of 16.5 to 17.5 percent. In Q4, the Texan company reported ...
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ArticleShe Is Outdoors Women’s Gear Award: A target group with much untapped potential
A down jacket by Rab has won the Women’s Gear Award from She Is Outdoors. Five other products have received honorable mentions. The award offers the opportunity to take a holistic look at the women’s segment, and while there were many impressive submissions, it is clear that a lot of ...
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News briefsAlpargatas takes legal action over missed equity purchase payment
Alpargatas, the Brazilian footwear and apparel group, wants Carlos Roberto Wizard Martins to pay up. In a Sept. 2018 purchase and sale agreement, the investor struck a deal to acquire a 22.5 percent stake in Alpargatas S.A.I.C. from Alpargatas S.A. A first installment of the remaining purchase price equaling Brazilian ...
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News briefsAlpkit publishes sustainability report 2022
Source: Alpkit U.K. brand Alpkit has published its sustainability report 2022, an illustrated book that is mainly consumer-facing and aims for an understandable overview of the company’s sustainability journey, although following the GRI reporting standards more closely than before. In the compact report, the certified B Corp ...
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News briefsThule shifts to a direct distribution model in Italy
Starting from 2023, Thule will directly distribute its products in outdoor and bike shops throughout Italy. For the past ten years, the company’s products were distributed in Italy by Panorama Distribution. Thule’s products are sold in more than 140 countries around the world. In its latest financial reportings, Thule Group ...
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News briefsIOAS suspends Control Union India from organic textiles certification
The International Organic Accreditation Service (IOAS) has suspended the accreditation of Control Union (CU) India from the testing and sampling of Indian organic textile products on charges of irregularities committed in its certification process. CU India is the local arm of the Control Union Nederland BV, a large certifier of ...
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News briefsTentree expands reforestation efforts to the oceans
Canadian athleisure company Tentree, based in Vancouver, is expanding their planting efforts offshore. The brand, which pledges to plant ten trees for every item purchased, has planted more than 93 million trees to date and will expand its portfolio to include kelp planting and coral regeneration. According to the company, ...
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News briefsSAC decarbonization program evolves: New decarbonization guide published
The Sustainable Apparel Coalition (SAC) has launched a new decarbonization guide (ready for download here) that aims to support the textile and apparel industry in committing to and delivering validated science-based targets (SBTs). The new guide is part of the SAC’s decarbonization program, launched last year, to drive SBT adoption ...
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News briefsZegna’s new collaborative collection
The apparel brand Zegna has collaborated on a footwear collection with the Canadian trail-running shoe specialist Norda. It is the latest addition to the brand’s Outdoor Collection, with a different designer every season.The footwear features Vibram’s Litebase midsole ad Megagrip outsole. As well as the sneakers, the collection includes a ...
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News briefs
VF issues €500m green bond to support sustainability strategy
VF Corporation, whose brands include The North Face, Timberland and Napapijri, announced the closing of a €500 million green bond issuance, the second since its inception in 2020. An amount equal to the net proceeds from the emission will be used to support programs under the company’s sustainability and stewardship ...
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News briefsBluesign still meets new MRSL 3.0 standard
After ZDHC’s MRSL 3.0 update, Bluesign remains an official certification standard at ZDHC Level 3. According to the company, approximately 20,000 Bluesign approved chemical products that exceed standard MRSL 3.0 compliance are listed in the ZDHC gateway. An important requirement for Bluesign textile standard approval of a chemical product is ...
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News briefsAnother outdoor brand debuts with adventure bikewear collection
The outdoor brand Rab, managed alongside Lowe Alpine by Equip Outdoor Technologies UK Ltd., is taking advantage of the gravel bike trend to enter the bike business, as previously teased. With its “Cinder” collection debut, the Brits are targeting adventure or off-road bikers directly this spring. “Off road cycling adventures ...
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News briefsBurton organizes fourth A Day for Jake snowboarding festival
For the fourth time, Burton is inviting snowboarders across the globe and in eight participating winter sports resorts in Europe to celebrate the legacy of Burton’s founder Jake Burton Carpenter (who passed away in November 2019). In-person or digital activities are planned for March 11, 2023 in the respective resorts ...
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News briefsKMD Brands secures B Corp status for all brands
KMD Brands, the outdoor, lifestyle and sports company, sees all three of its brands – Kathmandu, Oboz and Ripcurl – become Certified B Corporations, becoming one of the first multinational firms in Australia and New Zealand to have all businesses individually certified. KMD Brands Group CEO Michael Daly called ...
