All Outdoor Industry Compass articles in Volume 13, Issue 13-14
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The Outdoor Industry Compass: Vol 13 - No 13+14
Outdoor industry stocks rebound in Q2 | Columbia ends Q2 with a loss | Hoka saves Deckers’ quarter | Lafuma Group hit by Covid-19 | Fenix’s recovery driven by Europe | Thule gets late sales rebound | Anta Sports issues warning on first-half profits | Hydro Flask recovers | Online supports Kathmandu and Rip Curl | XXL is back on track | Opinion: The new distribution landscape | Ispo’s first digital conference inspires | Some brands stop sourcing in Xinjiang | French are outdoor passionate | New EU Platform-to-Business regulation | State of Trade: Outdoor industry has grown in 2019
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Article
Hoka’s momentum saves Deckers’ quarter
Despite headwinds from Covid-19, and a 10 percent decline for Ugg , robust sales at Hoka One One helped Deckers Brands grow in its first fiscal quarter ended on June 30. They progressed by 2.3 percent from the same period last year to $283.2 million, or by 2.8 ...
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Article
Columbia ends Q2 with loss
After a difficult first quarter to 2020 because of the Covid-19 pandemic, Columbia Sportswear Company is not having more luck in the second one. It has posted a net loss of $50.7 million, compared with net income of $23.0 million for the year-ago quarter, while sales dropped by 40 ...
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News briefs
WFSGI starts task force to digitalize product information
In a letter to its members, the World Federation of the Sporting Goods Industry (WFSGI) has announced the creation of a “Digitization of Product Information” task force, co-chaired by Decathlon and VF Corporation and aiming to promote digital labelling and best practices within the sporting ...
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News briefs
Smith announces major executive changes
Smith , a Safilo Group brand, has appointed Francesco Rinaldi Ceroni as general manager. He joins the company after more than 13 years in both wholesale and retail eyewear, serving most recently as vice president of international strategy and business development at Costa Del ...
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News briefs
Evolv keeps promise and donates $50,000 to diversity organizations
Evolv , the Southern California climbing brand owned by the Italian Oberalp Group , has donated $50,000 to various organizations focused on diversity, equity and inclusion in climbing. Evolv said this follows the wildly successful recent presale of its new Ashima X Brain Dead Zenist shoe. Evolv unveiled ...
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News briefs
Outdoor industry courses and certificates offered in the U.S.
The U.S.-based Outdoor Industry Association (OIA) is partnering with Utah State University and Western Colorado University to offer courses within its Outdoor Industry Business Certificate (OIBC) program, a suite of certificates offered through accredited university partners. Utah State is offering the Sustainable Product Design and Supply ...
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Opinion
Opinion: The new distribution landscape
The transformation of the B2B offline distribution as the sole chain to reach consumers to an online propelled distribution landscape has, as we all know, been accelerated by the lockdowns caused by the Covid-19 outbreak. As most offline-focused brands are now busy developing or updating their digital strategies, some ...
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Article
Columbia Sportswear releases 2019 Corporate Responsibility Report
Columbia Sportswear Company (CSC) released its 2019 Corporate Responsibility Report , which includes highlights from the progress made throughout 2019 in the three main areas of focus in its corporate responsibility strategy – empowering people, sustaining places and responsible practices. The 56-page report assesses work accomplished in ...
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News briefs
Clim8 raises €2.75 million in Series A funding
Clim8 , a French start-up specializing in wearable technology, has raised €2.75 million from Seventure Partners , Agileo Ventures and the Deveaux Group . The company said that this round combines three main objectives: First, Clim8’s ambition is to be able to bring its technologies to new industries ...
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Article
Russian outdoor goods industry resumes operation
Russian outdoor industry companies hit by the Covid-19 pandemic are gradually getting back to business. N1Sport – according to its owner, Alexey Surkin – has not only resumed production but expanded its range, beginning to manufacture athletic apparel for the mass market under the Sterin brand. ...
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News briefs
Barron’s puts VF at top of reranked most sustainable companies list
Barron’s , a U.S. publication by Dow Jones Company , has reranked its third annual list of the 100 most sustainable companies in America, originally published in February, with a new focus on social factors. VF Corp ., owner of several sports and outdoor brands such as The ...
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News briefs
Teva and Cotopaxi collaborate and give back to youth
The U.S outdoor brands Teva , a division of Deckers Brands , and Cotopaxi , a benefit corporation, have presented a limited collaboration collection featuring Teva’s classic sandal, the Original Universal , for men and women and Cotopaxi’s signature Teca unisex windbreaker in playful prints and bright neon colors. ...
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News briefs
Db to enter U.S. market this fall with Global Sales Guys
The Norwegian bag label Db (formerly Douchebags ), founded in 2009 by freeskier Jon Olsson and engineer Truls Brataas , has partnered up with the American full-service sales and wholesale marketing agency Global Sales Guys to enter the U.S. market this fall following a successful market test ...
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News briefs
Big Agnes announces new distribution partners in Europe
Big Agnes, the Colorado-based outdoor brand that just hired Eric Einfeld as senior demand planner to meet the grwoing global demand for the brand’s products, has teamed up with two new distribution partners in Europe: Plein Nord Distribution will distribute Big Agnes in France and Andorra, ...
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News briefs
Oakley donates $200K to WHO with launch of new Kokoro collection
To mark the launch of its new Kokoro collection, Oakley donated $200,000 to the World Health Organization in support of the Covid-19 Solidarity Response Fund . The new collection, designed by Japanese artist Meguru Yamaguchi , consists of 11 performance and lifestyle eyewear styles “that represent the ...
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Article
Peak Performance releases 2019 Sustainability Report
With its Sustainability Performance Report 2019, Peak Performance provides information about its sustainability work and the progress the brand made last year. In 2018, the Swedish outdoor brand published its first sustainability report and has since continued to push the agenda. The brand says it has made significant progress ...
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News briefs
Mountain Hardwear becomes outfitter of Swiss ski resort
Mountain Hardwear , founded in 1993 in Richmond, California, and a wholly owned subsidiary of Columbia Sportswear Company , will outfit the employees of the Swiss ski resort Arosa Lenzerheide as part of a clothing cooperation agreement starting with the 20/21 winter season. This applies to the employees of ...
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Article
Lafuma Group hit by Covid-19 amid restructuring
Groupe Lafuma said the company was “shaken” by the Covid-19 pandemic in mid-March during a period of structuring its brand portfolio and activities. It has made efforts in the past months to adapt to structural changes in its markets and in customer consumption patterns, including investments to improve ...
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News briefs
CES 2021 moves to an all-digital experience
The Consumer Electronics Show ( CES ) 2021, scheduled to run from Jan. 6-9, 2021 in Las Vegas, will become “an all-digital experience” on the same dates, the Consumer Technology Association (CTA) announced. CES is regarded as the most influential tech event in the world, also covering the ...