All Outdoor Industry Compass articles in Volume 10, Issue 6-7 – Page 3
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News briefs
Under Armour has announced the launch next summer of a...
Under Armour has announced the launch next summer of a new Under Armour Mountain Running Series of clothing, footwear and equipment for trail running and sky running pros and enthusiasts. It has been developed in collaboration with the Powdr Adventure Lifestyle Co. under the management of Topher Gaylord, the former ...
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News briefs
The Outdoor Industries Association (OIA) of the U.K. has announced...
The Outdoor Industries Association (OIA) of the U.K. has announced the launch of the Outdoors Future Camp, a new conference for the future leaders of the outdoor industry, in partnership with Ispo Academy. The conference and networking event will take place at The Outdoor City in Sheffield, U.K., on Sept. ...
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News briefs
Ternua and Opegui have announced the results of a collaboration...
Ternua and Opegui have announced the results of a collaboration in a recycling scheme for fishing nets within the Redcycle project, backed by the Basque Government. Opegui is the organization of fishing producers of Guipúzcoa, in Spain's Basque Country. The Redcycle project, launched in 2015, involves the collection of fishing ...
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Short stops
Kammok, an American producer of hammocks and other outdoor gear,...
Kammok, an American producer of hammocks and other outdoor gear, has selected the Good Karma Company to be its distributor for Denmark, Norway, Sweden, Finland, Iceland and Greenland
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News briefs
Bruno Sälzer has been elected chairman of the Amer Sports...
Bruno Sälzer has been elected chairman of the Amer Sports group's board of directors, as part of a new board of seven. Sälzer previously worked as chief executive for many years at Hugo Boss and Escada, and currently at Bench. He is also a supervisory board member at Lacoste Holding ...
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News briefs
Vasque will be the footwear sponsor of the Swiss Alps...
Vasque will be the footwear sponsor of the Swiss Alps Trail Running Retreat for Women in the Bernese Oberalp in July, which is set to involve 12 participants. The trail running clinic will be led by Krissy Moehl, a sponsored athlete who is said to have a balanced approach to ...
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News briefs
Allied Feather & Down claims it has become the first...
Allied Feather & Down claims it has become the first major down supplier to achieve the milestone of 100 percent cruelty-free down, which means down that is free from live feather plucking and force-feeding of geese and ducks. The company has been recognized for its responsible practices by the U.S. ...
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News briefs
The Grassroots Alliance has decided to stop holding its twice-annual...
The Grassroots Alliance has decided to stop holding its twice-annual trade show in Salt Lake City and to co-locate them with the Outdoor Retailer show at a new venue yet to be determined, starting in the summer of 2018. The odds are still in favor of Denver, Colorado as the ...
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News briefs
In a conference call with financial analysts ahead of the...
In a conference call with financial analysts ahead of the release of its first-quarter financial results later this month, GoPro promised to cut its operating expenses this year by $200 million through various measures including the elimination of 270 jobs, or about 17 percent of its staff. The company, which ...
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Article
Black Diamond ready to scale up again
John Walbrecht, who became chief executive at Black Diamond in October, told analysts last month that the group is ready to scale up again, after a year of downsizing and other restructuring measures. Walbrecht made the comments in a conference call to discuss a mixed fourth quarter for the Black ...
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News briefs
Alastair Humphreys, the British adventurer who is credited with inventing...
Alastair Humphreys, the British adventurer who is credited with inventing the concept of “microadventures” close to one's doorsteps, is set to deliver a keynote speech at the OutDoor show in Friedrichshafen in June. He already made a highly acclaimed speech at the European Outdoor Summit in Barcelona last September.
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Article
Strategic adjustments yield stable returns at Lafuma
Groupe Lafuma's mountain division was affected by unfavorable weather conditions and its decision to quit selling the Killy brand last year, but it became more efficient due to the integration of the three remaining brands into the Millet Mountain Group in Annecy – namely Lafuma, Millet and Eider.The mountain division's ...
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Short stops
VF Corp. is integrating its Lucy brand of activewear and...
VF Corp. is integrating its Lucy brand of activewear and its 44 single-brand stores in the U.S. into the operations of The North Face
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Article
New majority shareholders for Active Brands
Active Brands, the Norwegian group that owns Kari Traa, Dæhlie and several other sports and outdoor brands, is to be taken over by FSN Capital Partners, a Nordic investment fund, although existing shareholders should continue to own a material stake in the company.The majority shareholding is to be divested by ...
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News briefs
Bergzeit, the German multichannel outdoor retailer, has acquired Outdoor Broker,...
Bergzeit, the German multichannel outdoor retailer, has acquired Outdoor Broker, an online retailer based in Munich that specializes in selling closeout merchandise. Outdoor Broker works with the so-called “liveshopping” concept, implying that a new auction starts every day at noon and remains available for about 2-7 days. The remaining quantities ...
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News briefs
Samsonite has agreed to acquire eBags, a U.S.-based online retailer...
Samsonite has agreed to acquire eBags, a U.S.-based online retailer for travel bags, for $105 million in cash. The takeover coincides with indications that Samsonite wants to push the growth of its own e-commerce operations globally. Separately, the parent company of Gregory Mountain Products and High Sierra announced that it ...
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News briefs
Patagonia has released a new version of its 850 Down...
Patagonia has released a new version of its 850 Down sleeping bag. It is inspired by the mummy-style bag that Yvon Chouinard himself, the founder of the brand, built for him as a climber 45 years ago, when the company did not yet exist. The down sleeping bag, available in ...
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News briefs
Rab and Lowe Alpine, which has just celebrated its 50th...
Rab and Lowe Alpine, which has just celebrated its 50th anniversary, have a new distributor for the Italian market, 7to7. Based in Lombardy, 7to7 is the new name of Fashion Victims, the company that brought out its own brand of outdoor apparel, Rock Experience, in 2012. In France, meanwhile, ...
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News briefs
Patagonia has released a series of interactive 360-degree films as...
Patagonia has released a series of interactive 360-degree films as part of its ongoing fight for the protection of the Bears Ears National Monument, 547,074 hectares of public land surrounding the Bears Ears mesas in Utah. The ten short films, powered by Google's 360 technology, highlight the cultural and recreational ...
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Article
VF targets sales of $3 bn for The North Face
VF Corp. is projecting a re-acceleration in the compound annual growth rate (CAGR) of The North Face (TNF) to a rate of 6 to 8 percent, taking its turnover up to $3.0 billion by 2021 from the current level of $2.3 billion. The direct-to-consumer (DTC) business is set to expand ...
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