All Outdoor Industry Compass articles in Vol. 16, Issue 4 – Page 11
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Article
Free Webinar: Overcoming wholesale challenges with B2B e-commerce technology
Join Elastic Suite and Active Brands for our next EDM Expert Talk, to discuss how technology can help leading enterprises and industry disruptors overcome challenges in today’s wholesale environment. Technology enables B2B commerce to go from transactional to transformational, bringing shared success to brands, distributors, retailers and the end consumer.
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Mycelium manufacturer raises over $30 million for global distribution
Ecovative Design LLC, a U.S. biological science and design company advancing mycelium technology to transform the industry with high-value, environmentally friendly materials, announced the initial closing of a Series E round of more than $30 million. $15 million of that will be reinvested in MyForest Foods Co, a subsidiary formed ...
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News briefs
Olpro brings in sales expert to support international growth
Camping and campervan brand Olpro has brought in Johanna Grzonka as a sales expert to support its growing international trade. She works as part of the growing operational team at Olpro, working with the UK but focusing on European sales. Grzonka will use her experience working with major camping retailers ...
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News briefs
Archroma partners with COLOURizd on eco-friendly coloring solution for textiles
Archroma, the Swiss provider of specialty chemicals, has teamed up with COLOURizd on a new standard for an eco-friendlier production of sustainable textiles. The collaboration will enable brands and fabric mills to combine Archroma pigment coloration solutions with the COLOURizd QuantumCOLOUR yarn-coloring technology to produce high-performance textiles with minimal environmental ...
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News briefs
Naturkompaniet opens flagship store in Oslo
Source: Glenn Pettersen Naturkompaniet - Hegdehaugsveien 29, Oslo Knowledge and sustainability are the focus of Naturkompaniet’s new flagship store on Hegdehaugsveien in Oslo. Originally founded in Sweden in 1991, this is the company’s sixth store in Norway, offering well-known brands such as Fjällräven, Patagonia, Arc’teryx, Osprey, Devold, ...
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Equip offers pioneering Material Facts data platform to the industry, calls for action
Last year, UK outdoor company Equip Outdoor Technologies Ltd, owner of Rab and Lowe Alpine, launched Material Facts to the industry, a very straightforward and open CSR communications platform, to focus on accuracy and transparency after it became frustrated with the lack of clarity around sustainability criteria. The program is ...
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World Ocean Day: Patagonia launches global conservation campaign
June 8 is World Ocean Day, a day that should remind everyone of the major role the oceans have in everyday life because they are the lungs of our planet, a major source of food and medicine, and a critical part of the biosphere. Therefore, Our future is closely linked ...
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Reset EOG State of Trade study shows growth of +11.5%
At OutDoor by ISPO 2023 in Munich, the European Outdoor Group (EOG) released new data from its State of Trade (SoT) market research program showing growth in sales value and volume across all categories through 2022. The figures for the year were released following some notable updates to the project ...
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Eurobike Investors Lounge enters second round
Last year’s relocation of the Eurobike show from Friedrichshafen to the financial metropolis of Frankfurt am Main was also used by trade show organizer Fairnamic GmbH as an opportunity to arouse the interest of financial investors for the bicycle, sports and mobility industries. After all, the topic of sustainability has ...
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News briefs
Finnish biotech company enlists outdoor expert
Martin Kössler, founder of Scandinavian Outdoor Group and owner of an outdoor brand consultancy, is joining Finnish biotech company NordShield. The Sweden-based industry veteran, who has worked in the sports and outdoor sector for more than 30 years, is expected to help Nordshield expand internationally. Among other things, Kössler has ...
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News briefs
Woom appoints former Adidas CEO to advisory board
Source: Woom GmbH/Felix Vratny Kasper Rørsted Kasper Rørsted, former CEO of Adidas, has joined Woom as Chairman of the Advisory Board. In the tenth year of its existence, the children’s and youth bicycle manufacturer is thus bringing a top international manager onto the team. The goals are ...
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News briefs
Latest winners of the Scandinavian Outdoor Award announced
The winners of the Scandinavian Outdoor Award spring/summer 2024 session were announced at this year’s OutDoor by ISPO. The international jury of outdoor journalists and outdoor gear specialists agreed that the overall prize should go to Nordisk for its Lodur rain-repellent down jacket, weighing in at only 300 grams. ...
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News briefs
New project uses AI and satellites to detect organic vs non-organic cotton fields
The Global Organic Textile Standard (GOTS) and the European Space Agency (ESA) have teamed up with German software firm Marple to map organic cotton using satellites and artificial intelligence (AI). Using a program developed by Marple, the project will train AI to use ESA satellite data to detect cotton fields ...
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OutDoor by ISPO provided community and inspiration again in 2023
Three days, over 650 exhibitors and satisfying visitor numbers. OutDoor by ISPO 2023 is over and has been hailed as a success. Now in its second year at the MOC Event and Order Center, the mood was once again that of a community coming together, whether that be for business ...
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News briefs
Icebreaker’s GM North America also responsible for Smartwool
Smartwool will be led in North America by Icebreaker’s General Manager for North America, Noah Bryan, effective immediately. Both brands are part of VF Corp. Bryan was named GM of Icebreaker North America in early 2022. His hiring was part of Icebreaker’s commitment to expand its presence in North America. ...
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News briefs
New Lenzing process to eliminate discoloration from fibers
Lenzing has introduced a new processing solution to mitigate the discoloration and yellowing of seamless and light-colored cellulosic garments due to high-temperature heating. Discoloring and yellowing caused by high-temperature molding have traditionally been an issue during the garment production process. Lenzing’s proprietary solution is described as “the first in the ...
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Sport 2000 increases outdoor market volume
Sport 2000 once again increased its outdoor sales to a new peak of almost €1 billion in 2022. Outdoor accounted for 29 percent of total sales last year. Outdoor external sales for the first five months of 2023 were at €381 million and, with an increase of 1.5 percent, slightly ...
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News briefs
Scarpa records double-digit sales increase
Scarpa posted consolidated sales of €169 million for 2022, which marks a 26 percent increase from 2021. The Ebitda of €21.5 million compares to an Ebitda of €18.8 million in 2021. In 2022, the Italian outdoor footwear specialist further strengthened its commitment to sustainability through the launch of LIFE Re-Shoes, ...
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News briefs
New insole material from coffee grounds
Performance foam manufacturer Dahsheng Chemical (DSC) has launched Dreamcell Xpresso, a foam technology made with spent coffee grounds. The company described the eco-friendly insole material that results from the Dreamcell Xpresso polyurethane (PU) open-cell foam as “a superior footwear product.” Dreamcell Xpresso helps reduce greenhouse gas (GHG) emissions by keeping ...
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News briefs
Carbios to receive €54 million to build the world’s first PET biorecycling plant and support R&D activities
Carbios, a French company specializing in biological recycling based on enzyme technologies, has been selected for €30 million in funding from the French State as part of the investment plan France 2030 and €12.5 million from the Grand-Est Region, subject to approval by the European Commission, for the construction of ...