All Outdoor Industry Compass articles in Vol. 16, Issue 4
View all stories from this issue.
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News briefsBluesign with first-ever footwear brand partner
Producer of high-performance rubber soles Vibram and material verification firm Bluesign have announced Vibram as a Bluesign system partner. The partnership, which began in November 2022, underscores the joint commitment to fostering sustainable practices within the footwear industry, with Compliance Manager of Vibram, Igor Brassini, declaring this, “The first shoe ...
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News briefsWearAgains program expanded again
Peak Performance has expanded its WearAgains program once again. Launched in June 2021 in the Stockholm flagship store, the concept was expanded to Austria in Spring 2023, with stores in Vienna, Salzburg, Kitzbühel and Innsbruck accepting used items. Now the WearAgains program will be available at the Peak Performance Vienna ...
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News briefsRVRC proposes sustainability and inclusion specialist from Zalando as new board member
The Nomination Committee of Swedish DTC provider RVRC Holding AB (RevolutionRace) – consisting of Øistein Widding (appointed from Altor Fund IV (No.1) AB and Altor Fund IV (No.2) AB), Peter Algar (appointed from Nyrensten Global Holding AB), Caroline Sjösten (appointed from Swedbank Robur Fonder AB) and Andreas Källström Säfweräng (Chairman ...
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ArticleWeyco posts higher profit, margin despite lower Q2 sales
Weyco Group suffered a 9.9 percent decline in Q2 sales to $67.0 million as the group’s portfolio of footwear brands faced difficult year-over-year comparisons and a wholesale market flush with inventory. Nonetheless, the group improved several operating metrics in the period ended June 30. Operating income rose by 18 percent ...
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News briefsPáramo’s new business structure aims to support future growth
Ethical outdoor apparel brand Páramo Directional Clothing has made several changes at the management level to support future growth and continue to provide high-quality products and great customer service. Richard Pyne takes on the role of Páramo CEO, leading the strategic direction of the company and ensuring that the brand’s ...
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ArticleOutdoor Research publishes first Annual Impact Report
Seattle-based company Outdoor Research (OR) published its inaugural Annual Impact Report, highlighting its commitment to sustainability, inclusivity and responsible corporate practices. The report is a tool OR will use to annually share its progress, achievements and future targets around its efforts as a responsible global corporate citizen. “The textile ...
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ArticleUSWE defies the challenges in Q1
USWE Sports AB, the parent company of USWE, Void Cycling and Giant Loop, has published its interim report for the first quarter ended June 30, 2023, showing growth and profit despite the difficult business environment. Net sales totaled 26.5 million Swedish kronor; an increase of 40 percent compared to the ...
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ArticleVaude reduces CO2 emissions by 5% while growing revenue by 13% in 2022
Responsible business practices and successful economics can be directly linked, as Vaude shows in its latest Sustainability Report. For years, the German outdoor company has been vigorously pursuing the goal of continuously reducing its ecological footprint and significantly cutting CO2 emissions as quickly as possible. To achieve this, the company ...
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News briefsSea to Summit partners with Downlite
Australian adventure gear brand Sea to Summit has named Downlite as its premium down supplier for the company’s down sleeping bag line. Sea to Summit is managed and co-owned by outdoor enthusiasts and explorers Roland Tyson and Penny Sanderson. The brand was founded by Tyson in 1991. After Sanderson joined ...
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News briefsIntertextile Shanghai Apparel Fabrics to highlight athleisure and sustainability
The Autumn Edition of Intertextile Shanghai Apparel Fabrics is taking place on Aug. 28-30, 2023, at the National Exhibition and Convention Center in Shanghai. With eco-conscious consumers purchasing more athleisure and sportswear, much foot traffic is expected at the “All About Sustainability” and “Functional Lab” zones of the fair. Integrating ...
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News briefsPro Days grows, moves to Toulouse
Pro Days, the professional bike trade show in Paris, attracted 6,700 visits this year, 1,000 more than last year. The latest edition of the show was held on July 2-4, 2023, at Paris Porte de Versailles. The next edition will leave the capital city for Toulouse, in France’s southern Occitanie ...
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News briefsRocky Brands sees business positioned for H2 improvement
Despite experiencing strong sell-throughs at several major U.S. wholesale accounts, U.S. footwear company Rocky Brands reported a 38 percent decline in Q2 sales to $99.8 million from $162.0 million for the period ended June 30. Wholesale segment revenues declined by 45.5 percent to $71.5 million and fell by 3.6 percent ...
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ArticleColumbia cuts outlook as net falls 17% in Q2
Bloated inventories and challenging market conditions in the U.S. are forcing Columbia Sportswear to take a “more conservative” stance on its H2 and full-year results despite explosive year-over-year Q2 sales growth in China and in its lower-margin international distributor businesses. Saddled with a 21 percent year-over-year increase in Q2 ...
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ArticleVF reports wider Q1 loss and cuts guidance, TNF only revenue gainer
VF Corp., the parent of The North Face (TNF) and Vans, welcomed its new President and CEO Bracken Darrell, 12 days on the job, to his first results call by reporting a Q1 loss of $57.4 million against a loss of $55.96 million in the year-ago period on an 8 ...
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ArticleCiclo Fapril expands cargo bike frame production
To be at the forefront of the current cargo bike trend, the traditional Portuguese bicycle component manufacturer Ciclo Fapril, Industrias Metalurgicas, S.A., is expanding its production facility. The new space is expected to be completed in April 2024 and fully operational within a year. The manufacturer will start the production ...
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News briefsColumbia hires new PrAna brand president
Columbia Sportswear has named Tricia L. Shumavon as the new brand president of its PrAna brand. She succeeds Monica Mirro, who joined PrAna in 2021 from Swim USA and left the company in April of this year, after which Columbia SVP of Emerging Brands Craig Zanon stepped in as interim ...
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ArticleMicromobility.com considers acquisition of VanMoof
New York-based Micromobility.com Inc., a pioneer in sustainable transportation and micromobility services, has made a non-binding offer to acquire Dutch e-bike company VanMoof, which was reported as insolvent two weeks ago. According to a press release, Micromobility’s initial non-binding offer was well received. The company is now preparing to submit ...
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News briefsNew international sourcing expo in Vietnam
The first edition of Vietnam International Sourcing Expo – Vietnam Sourcing 2023 will be held at the Saigon Exhibition and Convention Center in Ho Chi Minh City on Sept. 13-15 this year. It will be the first specialized sourcing exhibition in Vietnam. The event is hosted and ...
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ArticleVista Outdoor appoints more executives for upcoming Sporting Products spinoff
Source: Business Wire Andy Keegan, Vice President and interim CFO for Vista Outdoor, has been appointed CFO for the Sporting Products Company following the spinoff. Vista Outdoor Inc, the parent company of 41 sporting goods and outdoor lifestyle brands, announced that its Board of Directors has made ...
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ArticleSales in Swedish sports retail down 1.7% in Q2
According to the Sportindex, compiled by industry organization Svenskt Sportforum in collaboration with the Swedish Retail Research Institute (HUI), sales in the Swedish sports retail sector fell by 1.7 percent in Q2 2023. This was the sixth consecutive quarter of negative development. Changing behavior patterns following the end of the ...
