All Outdoor Industry Compass articles in Volume 13, Issue 11-12 – Page 2
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News briefs
Substantial shareholder urges GoPro to consider a sale
According to SGB Online, Korr Acquisitions Group Inc., a New York-based investment advisor and significant shareholder of GoPro Inc., has sent an open letter to Nicholas D. Woodman, chairman, chief executive officer and founder of GoPro, and Kenneth Goldman, the company’s senior independent director, requesting that the company considers a ...
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News briefsNew smart bracelet locates children via NFC, secure and encrypted
With its smart wristband Bluon.me , the young Milan-based company Bluon provides a cost-effective and safe solution to the worries and fears of many parents: to be able to find children again in case of an emergency. The NFC (Near Field Communication) chip integrated in the colourful wristband provides ...
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News briefs
Nixon announces Nancy Dynan as new CEO
Nixon , the watch and accessory brand from Encinitas, California, has promoted Nancy Dynan to the role of president. She takes over the position from Scott Kerslake , who has decided to pursue new opportunities outside the company. Kerslake joined Nixon in August 2017 from Prana , where he ...
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News briefs
Lenzing pays no dividend for 2019, elects Harris-Jensbach to the board
During Lenzing ’s annual general meeting (AGM), which was held via livestream due to the Covid-19 pandemic, the decision was made not to distribute a dividend for the 2019 financial year (compared to €5 per share in the previous year). The Austrian fiber producer’s AGM also adopted a resolution discharging ...
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News briefs
James McNamara succeeds Jim McNamara at Craghoppers
Various British media, including Drapers and the Birmingham Post , have reported that Jim McNamara , managing director of the outdoor clothing brand Craghoppers , will retire on July 31 after 25 years with the company. McNamara joined Craghoppers in 1995 from French footwear brand Line 7 . He ...
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ArticleOutdoor brands stop ad campaigns on Facebook and Instagram
On June 19, The North Face ( TNF ) became the first major sporting goods company to stop advertising on Facebook after civil rights organizations put increasing pressure on Facebook for moderation content and hate speech following the death of George Floyd. In a tweet that said “We’re ...
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ArticleRussian outdoor market on the rise, online booming
The demand for outdoor goods in general in Russia in June is 94 percent higher than at the same time last year, says the Russian online marketplace Avito in a statement. On average, the number of customers looking for travel backpacks, sleeping bags, and similar items is nearly a ...
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News briefs
Halti launches award-winning sustainable jacket
Halti has launched the Hiker Next Generation shell jacket, described by the brand as “the most sustainable product of our range to date.” The waterproof, windproof and breathable hiking jacket, which can be used in town as well, is a “mono-material product.” That means all of its fabrics ...
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News briefsEuropean Championships to host nine sports in 2022, climbing included
To mark the 50th anniversary of hosting the Summer Olympics , the Olympic Park Munich will organize the so-called European Championships on Aug 11-21, 2022. It will be the largest event to take place at the Olympic Park since the 1972 Summer Olympics. The multi sports European Championships ...
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ArticleRossignol’s legendary president Laurent Boix-Vives has passed away
The Rossignol Group has informed the public of the passing of Laurent Boix-Vives . Mr Boix-Vives, who had been the company’s legendary chairman for some 50 years, died on Thursday, June 18, at the age of 93. On behalf of the great Rossignol family, of which he was the ...
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News briefs
Crocs is building new European distribution center in Holland
Crocs has started building a 35,000 square meter distribution center in Dordrecht, in the province of South Holland in the Netherlands, which will become its main logistics hub in Europe. The new center is expected to open in April 2021 and create 200 to 350 jobs. The Amercian ...
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News briefsTJ Sporting Goods distributes Le Chameau in Germany and Austria
Following the takeover of Le Chameau by the British family-owned company Bradshaw Taylor Ltd. in March , the German distribution of the premium footwear label is now also being reorganized. With immediate effect, the Bradshaw Taylor sales subsidiary TJ Sporting Goods GmbH in Sindelfingen will be ...
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ArticleWorn Again Technologies raises €8 million investment
Worn Again Technologies , a British technology licensing company, has secured up to €8 million in new equity capital from investors, including follow-on commitments from two of its existing strategic investors , H M Group and Sulzer . Worn Again Technologies is developing unique polymer recycling processes that ...
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News briefsExtra charges for Outdoor drive Smith & Wesson into a loss
A $98.7 million goodwill impairment charge for its Outdoor Products Accessories division, whose spin-off should be completed in August, led the newly named Smith Wesson to book a net loss of $66.1 million for the fourth quarter ended on April 30, compared with net income of ...
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News briefs
Decathlon Germany passes on VAT reduction directly to consumers
In view of the decision of the German government to reduce the value-added tax from 19 to 16 percent and from 7 to 5 percent from July 1, the sporting goods retailer and manufacturer Decathlon Germany declared that it will pass on the tax benefits to its customers in ...
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ArticleEmerald releases post-corona prevention plan
California-based Emerald Holding, Inc. , the parent company of U.S. trade shows such as Outdoor Retailer and Surf Expo , announced its commitment to providing a higher standard of health and safety protocols in preparation for the expected reopening of the company’s live events in the shadow of the ...
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News briefsPicture Organic Clothing bans single plastic packaging
The French brand Picture Organic Clothing is saying goodbye to individual plastic packaging in its streetwear collection for spring/summer 2021. Previously, all garments were packed in individual polybags, but now only the cartons in which the merchandise is shipped are to be provided with a protective plastic lining. Each ...
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News briefs
Standard launches sustainable wintersports sock made in Portugal
Standard , the Australian sock company, has launched a sustainable technical sock for skiing and snowboarding. These socks use a yarn that is produced in Spain by Hilaturas Ferre , specialized in the production of colored yarns and threads from recycled cotton fibers. The socks are made in Portugal. The ...
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ArticleApparel and footwear industries propose Green Recovery Plan to European authorities
(SGI) The Policy Hub , a joint effort of the Federation of the European Sporting Goods Industry (Fesi), the Sustainable Apparel Coalition (SAC), and the Global Fashion Agenda (GFA), has published a proposal for a ”Green Recovery Plan for Europe,” which is meant to support ...
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News briefs
New insulation options from Thermore
Thermore has expanded its line of blow-in Ecodown fibers, offering five different options in terms of weights and thicknesses with its heat-regulating technology. That includes a new Ecodown Fibers Light version, which provides a soft, ultra-light and packable insulation that is said to be 20 percent warmer than comparable ...
