All Outdoor Industry Compass articles in Vol. 16, Issue 5 – Page 7
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ArticleRotor taking a hit in revenues
Rotor, the Spanish manufacturer of bicycle components, had the best year in its history in 2022, when revenues fell just shy of €22 million, improving by 30 percent on the previous year, but things have since slowed. The first half of 2023 produced a 25 percent drop in sales, and ...
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ArticleZero Waste Europe calls for legal framework banning the destruction of unsold fashion items
Source: ZWE Zero Waste Europe, a network of European NGOs working toward a zero-waste future, has published a new paper that asks for a legal framework banning the destruction of unsold fashion goods. The paper, titled “A Zero Waste Vision for Fashion -Chapter 1: All We Need ...
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ArticleVF Corp collaborates with winner of Redress Design Award 2023
VF Corp and the Hong Kong-based environmental NGO Redress have announced the winner of the Redress Design Award 2023. The award is the world’s largest sustainable fashion design competition and aims to provide a platform for emerging fashion designers to advance the circular economy in the fashion industry. ...
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News briefsBetter Cotton reporting decreased pesticide and water use in latest India impact report
Cotton sustainability initiative Better Cotton has published its 2023 India Impact Report, highlighting significant field-level progress in reducing pesticides, water use and improvements to farmer livelihoods and equality. Since the launch of Better Cotton Programme in India in 2011, the organization’s network of farmers has expanded to almost one million. ...
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Short stops
Short Stops Week 37, 2023
RETAIL & DISTRIBUTION +++ Megasport – which has deals with Rossignol, Haglöfs, Black Diamond, Spyder, Peak Performance, Briko, Protest, Dynastar, Lange and Giro – will be taking charge of Spanish and Portuguese distribution for Dometic Group’s outdoor products as of winter 2023 +++ Fjällräven expanded its global retail presence with ...
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ArticleThe final program of EOS 2023 in Berlin
The European Outdoor Summit (EOS) is held annually for around 300 delegates to learn more about and discuss the issues that we, as an industry, collectively face. The topics are always related to industry needs and focus on current and future economic, technical and social trends, to develop a theme ...
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News briefsHelinox signs SME Climate Commitment
Helinox, the South Korean maker of lightweight, packable outdoor furniture, has continued its efforts in sustainable business practices by taking an important pledge as part of the United Nations’ global Race to Zero campaign. The brand has joined the SME (small to medium sized enterprise) Climate Commitment and will integrate ...
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News briefsCotopaxi strengthens sales team for next phase of strategic growth under new CEO
Utah-based adventure lifestyle B Corp Cotopaxi has hired two sales veterans to lead its wholesale sales team, signaling an investment in the brand’s growth under the new CEO Damien Huang. Jody Carlson, Vice President of Global Wholesale, and Kari Larsen, Director of North American Wholesale, joined the team in August ...
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News briefsBuff expects to return to growth this year, after the post-pandemic drop
Buff, the Barcelona-based headwear outfitter, has posted revenues of €48.2 million for the financial year ended on Apr. 30, down from €49.6 million in the previous year. The company said that results were consistent with a “transition year” in the North American market, whereas the European market recorded significant growth. ...
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News briefsIntertextile Shanghai Apparel Fabrics saw 17% rise in international visitors
The autumn edition of Intertextile Shanghai Apparel Fabrics, which was held on Aug. 28-30 at the National Exhibition and Convention Center in Shanghai, welcomed 95,000 buyers from 117 countries. International visitors increased by 17 percent from the spring edition, which took place in March. Nearly 4,000 exhibitors showcased their products ...
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News briefsTrerè’s Titici bicycle brand opens US subsidiary
Premium bicycle brand Titici opened its first US subsidiary in Boston, Massachusetts, in August. The brand, under the umbrella of Italian textile supplier Trerè lnnovation (manufacturer of technical apparel brand UYN Sportwear, among others), aims to score points in the US with its road, gravel, mountain and e-bike products. Thanks ...
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ArticlePerformance Days 2023: Still asking the big questions around fabrics
Charles Ross gives us a sneak peek into the next edition of Performance Days, Performance Forum and how both reflect the industry’s biggest issues.
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ArticleTrade show organizer Raccoon Media acquired by investment company
Cuil Bay Capital, a new U.K.-based investment firm led by exhibition entrepreneur Doug Emslie, has announced its first investment with the acquisition of a majority stake in U.K.-based Raccoon Media Group. Raccoon was founded in 2016 and achieved great success with the launch of the National Running Show. Since then, ...
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News briefsJack Wolfskin presents Tapeless 2.0 jacket for women
Source: Jack Wolfskin Women’s Tapeless 2.0 jacket FW 23/24 After premiering its new tapeless technology last fall, Jack Wolfskin is launching the Tapeless 2.0 jacket for women this fall/winter season. Its revolutionary seam design with Zero Tape technology saves 17 meters of seam sealing tape, making the ...
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ArticleVW’s financial service takes a stake in Pon’s bike leasing subsidiary
On Sept. 4, the Volkswagen Group announced in a side sentence at a press conference (much of which was about cars and less about bikes) at the IAA Mobility press day in Munich that it planned to enter the bike leasing business. Pon Holdings B.V., a company familiar with the ...
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News briefsTurkish textile industry may be impacted by drought
Drought is affecting cotton production, posing additional risks to the Turkish textile and garment industry, according to a report in Hürriyet Daily News, which cited people from the industry. Turkey’s textile and garment industry has seen weaker demand since June, with orders down by 10 percent and 20 percent, respectively. ...
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News briefsArc’teryx seeks legal action against Adidas Terrex store namings in the US
After Arc’teryx owner Amer Sports Canada Inc. sued Adidas’ Canadian subsidiary back in February for opening a Terrex store in Vancouver (a ruling is pending here), the dispute is now heading across the border to the USA, where the Canadian outdoor brand is seeking to block Adidas from registering the ...
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News briefsRevenues just keep rising at Trek Spain
With the close of its financial year 2022, Trek Bicycle’s Spanish subsidiary has racked up at least six consecutive years of record revenues, according to CMDsport. This time around, revenues amounted to €57.32 million, up almost 33 percent from FY 2021’s €43.15 million. This was both the company’s first time ...
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News briefsVasque launches the Re:connect collection
Vasque Footwear, a family-owned outdoor footwear brand from the U.S. founded in 1964, has announced the launch of its new Re:connect collection. The new facet of the brand, which complements its core range of hiking footwear, is based on the belief that you don’t have to travel far to change ...
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News briefsSpanish booking platform expands from snow to sun
Vivra hopes to become for sports classes what Playtomic has become for tennis and padel – the top online bookings platform. Founded in 2022 as a booking site for ski classes, the company has expanded from winter to summer sports and put together a network of 50 partner companies operating ...
