All Outdoor Industry Compass articles in Vol. 16, Issue 4 – Page 4
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ArticleThule’s gross margin climbs despite sales and profit decline
Despite experiencing lower profitability and sales in Q2, Thule Group generated a record quarterly gross margin and a 47 percent increase in cash flow from operations as the Swedish company continued to prepare for new product introductions over the next 18 months.
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News briefsFrench event Sport for Future draws attention to the melting of glaciers
The second edition of Sport for Future is scheduled to take place in Chamonix, in the French Alps, on Aug. 1-3. Sport for Future aims to raise awareness among sportspeople of how climate change is affecting glaciers. The event is organized by Riding to Explore, a project launched by elite ...
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News briefsSealSkinz launches its first apparel collection
British outdoor brand SealSkinz, known for its socks, hats and gloves, is expanding into a new product category with a debut apparel collection. All of the items in the new Vitae collection, designed for experienced explorers as well as casual outdoor enthusiasts, are made from sustainable yarns like bamboo and ...
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News briefsBluesign releases annual revision of its guidelines for chemical use in textiles
Bluesign, the Switzerland-based textile chemicals certification body, has released the annual revisions of its Bluesign System Substances List (BSSL) and Bluesign System Black Limits (BSBL). The updated versions of these documents, both dated July 1, 2023, replace the previous versions from July 2022. For all Bluesign System Partners, and unless ...
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ArticleBike24 lowers FY forecast after gloomy prelim Q2 results
Looking at publicly traded e-commerce bike retailer Bike24 Holding AG’s preliminary dismal second-quarter results, it’s clear why the Dresden-based company also sent out a separate announcement to “adjust the forecast for the financial year downwards.” This move in itself demonstrates the gravity of the current situation. According to preliminary calculations, ...
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ArticleOutdoor sales down slightly in the U.S.
Overall sales in the outdoor industry were down by 1 percent in dollars and 4 percent in units over the year from May 2022 to April 2023. Industry volume amounted to $28 billion, or 24.4 percent more than the annual figure for calendar 2019. So reported analytic firm Circana’s executive ...
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News briefsSalomon to use a mobile wallet marketing strategy
Salomon has a new partner to build on its digital marketing solution. The French sporting brand will now use Captain Wallet by Brevo for mobile wallet marketing. The technology makes it possible to dematerialize marketing content (i.e., convert a paper document into a digital one) in Apple and Google wallets ...
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ArticleA glimpse into a neighboring industry
Stephan Brutscher from Sunlight explains why collaborations between camper manufacturers and outdoor brands are the perfect match.
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ArticleDometic Q2 organic sales fall 10% as restructuring moves forward
Dometic generated sales of 8,329 million Swedish kronor (€725.5m) in the second quarter of 2023, down by a reported two percent compared to the year earlier and 10 percent lower on an organic basis. The Swedish specialist in products for outdoor and mobile living traced the decline in organic sales ...
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News briefsKathmandu launches Kathman-REDU in Melbourne
New Zealand outdoor apparel brand Kathmandu has launched a new circular economy initiative called Kathman-REDU, a program in which defective, returned or unsaleable items are cleaned, repaired and restored to saleable condition. The program launched at Kathmandu’s Richmond and Galleria stores in Melbourne, Australia, and will expand over time. The ...
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News briefsSSU appoints former Accell Group CEO to its board
German, U.S.-listed cycling, outdoor and team sports e-commerce retailer Signa Sports United N.V. (SSU) has announced the appointment of former Accell Group CEO Anthonie “Ton” Anbeek to its board of directors. The appointment is effective April 1, 2024. Source: Accell Group Ton Anbeek With Anbeek, SSU said ...
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ArticleRab launches Material Facts on apparel and sleeping bags this fall
Source: Equip Material Facts Announced last year, the Material Facts program from British outdoor company Equip Outdoor Technologies Ltd, owner of Rab and Lowe Alpine, will be available on all Rab clothing and sleeping bags from September 2023 and can be accessed online by scanning a QR ...
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News briefsPatagonia scales up its after-sales repair services
Building on a long-standing tradition of repairing clothing, Patagonia has launched a new phase of its Worn Wear initiative in Europe and launched an online “Repair Portal.” Patagonia’s goal is to increase the number of repairs fourfold to 100,000 per year until 2028. To achieve this goal, the new online ...
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News briefsVanMoof is insolvent
After granting VanMoof a temporary suspension of payments on July 13, Dutch insolvency file website FaillissementsDossier now reports that the Amsterdam District Court on July 17 lifted that very suspension via creditor protection proceedings for the Dutch DTC provider of e-commuter bicycles. As a consequence, the companies VanMoof Global Holding ...
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News briefsThe figures of the 2023 ORBDays
The 9th edition of Outdoor & Running Business Days (ORBDays), which took place in Italy’s Riva del Garda on July 9-10, 2023, hosted 1,200 retailers and showcased the products of 115 exhibitors and 220 brands. The trade event attracted more than 2,800 visitors. ORBDays, organized by Sport Press Srl SB, ...
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ArticleWhat you need to know about the EU’s Ecodesign for Sustainable Products Regulation
The Ecodesign for Sustainable Products Regulations are one step closer. We bring you a summary of everything you might need to know so far.
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News briefsSprayway continues partnership with Trash Free Trails
Sprayway extends its partnership with the Trash Free Trails educational program in the UK, The TrashMob Academy. Trash Free Trails focuses on motivating young people because they are the ones who have the greatest interest in protecting the places we all know and love. Trash Free Trails wants to give ...
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News briefsOberalp Group continues distribution of Fischer in Italy, adds One/Way
After having been the distribution partner of the Austrian ski brand Fischer in Italy since 2012, Oberalp Group now announced that this will continue to be the case for another five years. This includes the entire Fischer range, from alpine to cross-country skis as well as the associated collection of ...
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Short stops
Short Stops Week 29, 2023
RETAIL & DISTRIBUTION +++ Together with Danner, Exped, Quality Bicycle Products and Smartwool, Swiss sporting goods company On received US retailer REI Co-op’s 2023 Vendor Partner of the Year award +++ PRODUCT & MARKETING +++ Helly Hansen has become the main partner of the popular Swiss hiking event ...
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ArticleGreenstorm Mobility faces termination of operations
On July 12, the Austrian e-mobility concept pioneer Greenstorm Mobility GmbH filed for insolvency. The Innsbruck regional court now has jurisdiction over the Kufstein-based company. Attorney Philip Paumgarten of the law firm Rechtsanwälte Waldbauer, Paumgarten, Naschberger und Partner was appointed as insolvency administrator. A once award-winning concept seems no longer ...
