All Outdoor Industry Compass articles in Vol. 16, Issue 2 – Page 7
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News briefsVenue of first-ever Xterra European Trail Run Championship announced
The first-ever Xterra European Trail Run Championship will be held on Sept. 9, 2023 in Molveno, Italy. The half-marathon and full-marathon championship races will award €5,200 in prize money. Registration opened on March 1, and is expected to sell-out early, the organizers said. The events are capped at 100 runners ...
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News briefsInverse appoints new sales manager
Inverse has appointed Jordi Coronado as its new sales manager. Inverse is a Spanish clothing and accessories brand specializing in cycling, triathlon, running, trail, cross country skiing and swimming. The company posted revenues of €4.4 million in 2022, representing a 3.9 percent increase compared with 2021. Cycling accounts for 60 ...
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News briefsStockholm University offers free online course on assessment and management of chemicals
The Department of Environmental Science at Stockholm University is offering a free 20-hour online course about the assessment and management of chemicals. It will present key terms and concepts and explain the general approach from a global perspective. Topics covered in the six modules of the course include: What ...
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ArticleEOG announces new board members following AGA
The European Outdoor Group (EOG) held its 2023 Annual General Assembly (AGA) online on Feb. 21, giving members an update on the association’s key activities and achievements over the last 12 months. Five new EOG Board members were also appointed, including a role that has a dedicated CSR and sustainability ...
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News briefsEdelrid expands eco-conscious climbing hardware collection
German climbing specialist Edelrid is going to market with new products in its “Climb Green” collection. Besides two new PFC-free climbing ropes, the company is introducing a new climbing helmet made entirely of recycled plastics: the shell is manufactured from recycled polyamide originating from the Edelrid rope production; the helmet ...
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News briefsBuyer found for insolvent Prophete Group as a whole
Singapore-based Dutech Holdings Limited is to take over the insolvent German bicycle group, Prophete Group. The buyer is a leading global systems manufacturer in the field of security technology and ticket vending machines (TVM). The group is owned by U.S. entrepreneur Dr. Johnny Liu and employs more than 2,600 people ...
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ArticleSnow Peak and Panasonic collaborate to bring nature back into our lives
The U.S. division of Snow Peak, a Japanese camping brand with more than 60 years of history, is collaborating with creative studio Future Life Factory by Panasonic to explore the theme of “Naosobi” and develop new products to deepen our society’s connection to nature. Noasobi literally means “playing in the ...
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Short stops
Short Stops Week 10, 2023
CORPORATE & M&A +++ Johnson Outdoors has entered an agreement to sell the military and commercial tent lines of its Eureka! brand to the Rekord Group, a specialist in commercial, event and military tents +++ French recycling technology provider Carbios has joined the Ellen MacArthur Foundation’s network, a pan-industry organization ...
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News briefsJohnson Outdoors to sell Eureka! Military and Commercial Tents
Johnson Outdoors Inc. announced that it has entered into a definitive agreement to sell the Eureka! Military and Commercial Tents product lines of its Camping business segment to Rekord Group, a global company that specializes in commercial, event and military tents and structures. The transaction is expected to close by ...
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News briefsNew campaign aims to close enjoyment gap in sports
This Girl Can, the campaign and movement by Sport England and funded by The National Lottery, has moved into a new phase of its mission to inspire more women and girls to take part in sports and physical activity. Its new phase, “This Girl Can With You” aims to break ...
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News briefsNemo expands its sales force in Germany and Switzerland
Hansjörg Schmidt, the owner of the sales agency Hersperger-Schmidt based in Sindelfingen, Germany, is expanding the German sales team for Nemo Equipment. By bringing Benjamin Bachhofer and Stefan Kraft on board, he is taking on two sales experts and also assuming responsibility for sales in Switzerland for the U.S. outdoor ...
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News briefsXeroshoes and Michelin partner for new barefoot hiking shoe
Xeroshoes, the U.S. barefoot footwear specialist, has partnered with JV International, the global licensee of Michelin soles with offices in Italy, Hong Kong and China, for the Scrambler Mid, a new, ultra-light trekking shoe. According to the manufacturer, the lightness of the Michelin sole, conceived, designed and manufactured exclusively by ...
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News briefsRapala VMC publishes sustainability report 2022
Finland-based fishing tackle company Rapala VMC, owner of the Rapala, VMC, Sufix, Storm, Blue Fox, Luhr Jensen, Williamson, Dynamite Baits, Mora Ice, StrikeMaster, Marttiini, Peltonen, 13 Fishing and Okuma brands, has released its latest sustainability report. The report sums up the company’s achievements over the last four years. In 2020, ...
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News briefsOlpro receives investment boost
British camping equipment specialist Olpro, founded in Worcestershire in 2011, has secured a £1,075,000 investment from the Midlands Engine Investment Fund (MEIF) through the MEIF West Midlands Equity Fund managed by Midven, part of the Future Planet Capital Group, to promote growth and increase operational capacity. Olpro will use the ...
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News briefsWeyco Group plans to expand more into outdoor footwear market
After a strong post-pandemic recovery, U.S.-based Weyco Group is looking to expand further into the outdoor footwear market through acquisitions, CEO Tom Florsheim said during a presentation at the Milwaukee Rotary Club. The footwear retailer is looking to further develop its various brand offerings to follow industry trends while maintaining ...
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News briefsVista Outdoor appoints new Simms president
Source: Vista Outdoor Derek Tarlecki Vista Outdoor Inc., the parent company of 41 sports and outdoor lifestyle brands, has named Derek Tarlecki president of its Bozeman, Montana-based Simms Fishing Products brand, effective immediately. Tarlecki had served as Simms’ chief integration officer since September, following the retirement of ...
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ArticleGorewear introduces new selective distribution strategy
Gorewear, the premium sportswear for cyclists runners from W.L. Gore, will readjust its sales concept at the turn of the year. The introduction of a new sales strategy will focus on maximizing the customer experience at all touchpoints. The sportswear brand is targeting an integrated premium marketplace to provide consumers ...
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ArticleGarmont with growth in 2022, U.S. and Germany at the top of the list
Garmont, the Italian outdoor footwear company founded in 1964, reported total sales of €40.5 million in fiscal 2022, up 60 percent from the previous year, and consolidated Ebitda of more than 16 percent. ”In 2022 we defined a strategy that allowed us to maintain our market positions while taking into ...
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News briefsSales up but margins slim at Running ZGZ
Running ZGZ of Zaragoza, Spain, managed to boost revenues by 5 percent year-on-year for 2022, but owner David Constante, who spoke with CMDsport, remains dissatisfied. The record haul of €710,000 is up 65 percent from 2020, but the forecast for 2022 was an increase on the order of 20 to ...
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News briefsTerms of reference for leather traceability alignment project Cotance signed
The Cotance initiative to align leather traceability systems has been taking shape since its inception in Sept. 2022. In monthly meetings, key leather-related certification system operators and interested CEN TC 289 standardization experts have been preparing to define minimum traceability standards and mandatory verification evidence together with the Cotance secretariat. ...
