All Outdoor Industry Compass articles in Vol. 16, Issue 6 – Page 2
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ArticleBuff intensifies sustainability commitment
Spanish company Buff, which celebrated its official entry into the B-Corp community in 2023, has made significant progress on its journey towards sustainability, which the company prioritizes in all its decisions. In the B Corp certification, Buff managed to achieve a score of 105.7, which is well above industry standards. ...
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OpinionThe Rise of the Intelligent User: Are brands keeping up?
Our columnist Charles Ross looks back on the past year and takes a closer look at the new generation of consumers, with whom he can relate as a former gear nerd himself, but whose modern consumer universe looks a little different than it used to.
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News briefsUNIDO and Fair Trade International team up for sustainable supply chains
Gunther Beger, managing director of United Nations Industrial Development Organization (UNIDO), and Sandra Uwera Murasa, global CEO of Fair Trade International, have inked a new joint declaration at COP28 in Dubai on Dec. 10. In the declaration, UNIDO and Fairtrade reiterate their shared commitment to promoting sustainable supply chains and ...
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News briefsTeijin Frontier announces new material for sports and outdoor wear
Tokyo-based Teijin Frontier has announced the development of Microft MX, a new high-performance material made from a combination of polyester and nylon filaments, which is said to combine the texture and functionality of both materials. Microft MX has the look of “a finely woven chambray” due to a difference in ...
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News briefsGSM Outdoors enters fishing rod market
GSM Outdoors has announced the acquisition of US-based company Phenix Rods. The move marks GSM’s entrance into the fishing rod world. Established in 1977, Phenix produces rods for both the freshwater and saltwater markets. GSM Outdoors, headquartered in Irving, Texas, is home to more than 40 hunting, shooting sports, rugged ...
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ArticleKSR Group’s future is secured
Following the decision of the Krims District Court to lift the external administrative proceedings at the insolvent Austrian two-wheeler giant KSR Group GmbH, the path for a fresh start is now clear. The creditors’ meeting had previously approved the restructuring measures by a large majority. On Dec. 20, the restructuring ...
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News briefsRebike’s e-bike refurbishment certified by TÜV Rheinland
The Premium Refurbishment Program from Rebike Mobility, Germany’s largest re-commerce company for e-bikes, has been awarded the “Tested Service Quality” certificate by TÜV Rheinland. Rebike is the first provider of reconditioned e-bikes to receive such certification. The basis for the certificate was an extensive audit by TÜV Rheinland in the ...
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News briefsMyStromer with new executives for growing e-bike subsidiary Desiknio
Swiss S-pedelec pioneer MyStromer AG has made two key personnel changes at its Spanish lightweight e-bike brand Desiknio, which it acquired in 2021. Source: Desiknio Morten Kristiansen Since mid-November, Morten Kristiansen has been the new Managing Director of the Spanish subsidiary, which, in contrast to the Stromer ...
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ArticleEOCA grants funding to four new conservation projects
At the end of a selection process lasting almost six months, the European Outdoor Conservation Association (EOCA) has announced that €180,000 has been allocated to four new conservation projects in four different countries. In the fall funding round, non-profit organizations were able to apply to EOCA for funding of up ...
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News briefsRenewcell appoints interim CFO
Peter Schulz will join Swedish textile-to-textile recycling company Renewcell as Interim Chief Financial Officer from Jan. 1, 2024. He joins from a position as CFO at Pacific Basin Shipping in Hong Kong, which he has held for the past six years. Schulz has extensive experience as CFO of both listed ...
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News briefs30 years on, Ternua bets on sustainability
For 2024, Ternua Group expects “slight growth but greater profitability,” according to Marketing Director Imanol Muñoz, who spoke at ISPO Munich with Diffusion Sport. He said it was a slow trade show, lamenting the “absence of French, Italian and Spanish clients.” The brand’s 22 foreign markets account for 33 percent ...
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News briefsFormer Saucony President to become new CEO of PrimaLoft
Source: PrimaLoft Anne Cavassa Compass Diversified (CoDi), the Westport, Connecticut-based owner of several sporting goods brands, including Boa Technology, 5.11 and Velocity Outdoor, announced the appointment of Anne Cavassa as Chief Executive Officer of its subsidiary PrimaLoft Inc. effective Jan. 1, 2024. The move follows Cavassa’s recent ...
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News briefs
Calzados Bestard’s projected annual sales up from 2019
The Spanish outdoor footwear specialist Calzados Bestard is, according to CMDsport, looking to clear annual sales of about €5.5 million in 2023, or about 20 percent more than in 2019 – the last “normal” year before the pandemic and therefore, according to Sales Director Mats Lindholm, the most recent year ...
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News briefsPeruvian brand launches fabric made from natural fleece
The Peruvian certified B Corp Paka has launched Pakacloud, an innovative, environmentally friendly fleece fabric. The material is made from natural alpaca fibers sourced in Cuzco, the alpine region of Peru. Made from traceable alpaca fibers, Pakacloud fleece significantly reduces microplastic shedding and is a superior alternative to more than ...
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ArticleEquip denies rumors about a possible sale of Rab
An announcement in late November that Matt Gowar was stepping down as CEO of Equip Outdoor Technologies UK Ltd has apparently caused some confusion in the media world. At the end of last week, rumors emerged in renowned media that the Rab brand was to be sold. Equip responded already ...
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News briefsEastman’s Naia Renew receives GRS certification
The Naia Renew cellulosic fiber received Global Recycled Standard (GRS) certification on Dec. 13, Eastman announced. This certifies Naia Renew’s recycled content, chain of custody, chemical restrictions, and social and environmental practices. Materials standards body Textile Exchange manages the GRS certification process, which also involves an independent third-party certifying body ...
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News briefsHologenix expands range with Celliant print applications
On a mission to bring the health and wellness benefits of infrared to the most people possible, materials science firm Hologenix has announced that its flagship product Celliant infrared (IR) technology, a natural blend of IR-generating bioceramic minerals, is now more widely available from the company as a printed coating, ...
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ArticleChinese investment company buys Haglöfs
After the rumors were already in full swing at ISPO Munich in November, it has now been confirmed that the Swedish outdoor brand Haglöfs has a new owner: Hong Kong-based venture capital firm LionRock Capital acquired the brand from Japanese sports manufacturer Asics on Dec. 18, 2023. ”Throughout our ...
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News briefsGerber hires Head of Marketing
Portland, Oregon-based Gerber Gear, a manufacturer of knives, multitools and outdoor gear, has hired Ash Williams as the brand’s new Head of Marketing, effective Dec. 4, 2023. Williams brings decades of experience to Gerber and will play an important role in the brand’s continued growth in the outdoor sector. Most ...
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Short stops
Short Stops Week 51, 2023
RETAIL & DISTRIBUTION +++ Panasport, with headquarters in Madrid and Patagonia and Scarpa among its clients, will on Jan. 1 be taking charge of Iberian distribution for the Italian outdoor apparel brand Montura, according to TradeSport +++ Arnold Sports has taken over the distribution of US regeneration shoes brand ...
