All Outdoor Industry Compass articles in Vol. 16, Issue 4 – Page 7
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News briefsSantini replaces Benelux distributor
On July 5, Italian premium bikewear supplier Santini S.p.a. (Santini Cycling Wear) officially parted ways with its Benelux distributor RA-Company BVBA and appointed the Belgian sales agency ARW NV as its new partner for the three countries instead. “Santini has been transformed deeply in the last years, and we feel ...
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News briefs361˚ releases its first trail running shoe
Building on the success of the Centauri road running shoe, 361˚, one of China’s largest sporting goods brands, has brought its eTPE Engage platform to the trails for the first time. Featuring a proprietary Vibram Megagrip outsole, the Futura is the brand’s new premium trail model, offering ...
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News briefsUYN to present first running shoes
Italian brand UYN (Unleash Your Nature) will unveil its first running shoes at the upcoming Outdoor & Running Business Days, the trade show that is scheduled to take place in Riva del Garda on July 9-10. The new product line has been developed using neuroreactive solutions from Reaxing and in ...
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News briefsMoncler’s Remo Ruffini receives honorary degree from University for the Creative Arts
Remo Ruffini, the chairman and CEO of Moncler, has accepted an honorary degree in fashion and entrepreneurship from the University for the Creative Arts (UCA), a specialist art and design university with campuses in Surrey and Kent, England. Ruffini was honored “in recognition of his outstanding contribution to fashion and ...
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News briefsMoncler releases 3D-printed trail running shoe
Moncler has partnered with 3D-printed shoe manufacturer Zellerfeld to release a 3D-printed trail running shoe. The single-construction mono-material shoe is made out of recyclable materials and is a new addition to its Trailgrip line. The Moncler Trailgrip 3D is extremely limited and will only be available for members of ...
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News briefsGlobetrotter and Myclimate calculate the carbon footprint of many outdoor products
The outdoor retailer Globetrotter together with Myclimate have calculated the Scope 3 greenhouse gas emissions of 40 product groups in a new project. The emissions from upstream and downstream processes in supply chains for products including backpacks, hiking boots and rain jackets were calculated. In addition, the average CO2 savings ...
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News briefsAMG appoints new managing director
AMG Group, a U.K.-based outdoor outfitter, along with its investor Growth Capital Partners, has announced that Rob Birrell, the company’s Marketing Director, will assume the role of Managing Director and related responsibilities, effective July 3. Over the past twenty years, Birrell has worked in and led several key areas of ...
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ArticleQ2 Bicycle Industry Stock Chart: Long-term outlook forecasts full recovery
In the current economic environment, the stock market – regardless of the sector – continues to be on a rollercoaster ride. This also applies to the bicycle stocks monitored by The Outdoor Industry Compass.
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News briefsPositive results in new research comparing fiber fragmentation in virgin and recycled polyester
New research by the sustainable textiles NGO The Microfibre Consortium (TMC) has revealed that mechanically recycled polyester is no more likely than virgin polyester to lead to fiber fragmentation. For its research report into recycled polyester (rPET) in apparel and fiber fragmentation, TMC set out to determine how the replacement ...
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News briefsItalian bicycle maker Pinarello sold
Investment firm L Catterton has announced that it has sold Pinarello to “a private family office.” The terms of the transaction have not been unveiled, but according to the Italian newspaper Gazzetta dello Sport, it was a €200 million deal. L Catterton bought a majority stake in Pinarello in 2016. ...
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News briefsMaap to open in Amsterdam first LaB concept store outside of Australia
Maap, a Melbourne-based cycling apparel brand, plans to open a Maap LaB concept store in Amsterdam later this year. It will be its first LaB concept store outside of Australia. “LaB” stands for “Life Around Bikes,” an inclusive concept that is “at the intersection of contemporary creative culture and cycling,” ...
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News briefsCocona Labs wants to scale its 37.5 temperature-regulating technology beyond synthetic fabrics
Colorado-based Cocona Labs is reportedly working to move beyond synthetic fibers with its 37.5 Technology, Sourcing Journal has reported. It will do so with the help of its supply chain partners, the company has explained. Created by Cocona Labs, the patented 37.5 Technology utilizes natural volcanic minerals that are permanently ...
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Short stops
Short Stops Week 27, 2023
PRODUCT & MARKETING +++ La Sportiva will be the main sponsor of the Lavaredo Ultra Trail by UTMB until 2027 +++ Vango, a UK outdoor equipment company, announced a partnership with Glenmore Lodge, Sportscotland’s National Outdoor Training Centre, providing their tents for staff and participant use +++ Mountain Hardwear has ...
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News briefsRapala anticipates significant decline in FY23 operating profit
The fishing equipment company, which completed a restructuring of its Helsinki headquarters this month and welcomed back former COO Lars Ollberg as CEO in May, is now forecasting its full-year comparable operating profit to be “significantly below” its FY22 level. Rapala blamed the expected annual profit shortfall on persistent ...
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ArticleNew Wave Group acquires Tenson
New Wave Group, the Swedish parent company of Craft, Seger, Auclair, Derby of Sweden, D.A.D. Sportswear and a total of nearly fifty brands in business, sports and leisure, gifts and home textiles, has acquired 100 percent of the shares in outdoor and lifestyle brand Tenson AB. Tenson, also from Sweden, ...
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News briefsSnow Peak introduces more sustainable packaging
Japanese camping and outdoor brand Snow Peak announced that as a part of its CSR activities, it is supporting several new sustainably-focused projects, including a comprehensive overhaul of its product packaging. The redesign of product packaging is aimed at making products more environmentally friendly than ever before. By the end ...
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News briefsKodak opens a textile test facility
Kodak has announced the opening of a textile test facility in the company’s Eastman Business Park in Rochester, New York. The facility will provide a wide range of testing services for use by textile developers, manufacturers and academic institutions to assess specific performance attributes and properties of fabrics. The new ...
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News briefsIs TSG looking to divest Backcountry.com?
TSG Consumer Partners, a private equity firm based in San Francisco, California, is considering options for Backcountry, including a sale of the online outdoor gear and ski apparel retailer, according to Bloomberg News. Backcountry was founded in 1996 in a garage in Park City, Utah. The company sells gear for ...
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News briefsEOCA needs support from C-level executives to secure Nature Restoration Law
The European Outdoor Conservation Association (EOCA) is calling on CEOs, board members and other C-level executives in the industry to lend support to the EU Nature Restoration Law, currently being negotiated by European institutions and at risk of being rejected. As the EOCA explains, on 15 June, the Environment Committee ...
