All Outdoor Industry Compass articles in Volume 13, Issue 19-20 – Page 6
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News briefsTexon unveils new recyclable insole technology
Texon, a UK-based producer of materials for the footwear industry, has unveiled a new insole technology that is based on 85 percent recycled polyester (rPET) and is 100 percent recyclable. Texon Ecoline is produced with a special fusion-bonded process that enhances the internal bond structure of the material’s fibers, which ...
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News briefsSmartwool Europe partners up with POW Switzerland
For the upcoming winter season, Smartwool Europe has entered a partnership with Protect Our Winters (POW) Switzerland. POW was founded in 2007 by pro snowboarder Jeremy Jones and is a global non-profit charity that builds communities of athletes, activists and committed companies to work on solutions to make changes in ...
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News briefsNew design lead for Rab and Lowe Alpine
Italian product design expert Jacopo Bufacchi will join the British outdoor brands Rab and Lowe Alpine, both owned by Equip Outdoor Technologies, as their new design lead on Nov. 1. Bufacchi succeeds Jonn Langen, who left Equip in the summer. In his new position, he will be responsible for creating ...
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News briefsNew dates confirmed for European Outdoor Summit 2021
The European Outdoor Group (EOG) has confirmed the re-scheduled dates for the eighth annual European Outdoor Summit (EOS). After the 2020 event had to be postponed due to Covid-19, the new dates are Oct. 7-8, 2021. The location of Annecy and the collaboration with Outdoor Sports Valley remains the same. ...
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ArticleOutdoor industry stocks rose by 11.1% in Q3
The share prices of the publicly listed outdoor companies went up by 11.1 percent during the third quarter of 2020, according to our own calculations, performing better than the stock market in general. Indicating that the outdoor market is recovering well from the Covid-19 pandemic, their share prices improved slightly ...
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ArticleThe pandemic forces fashion and retail to rethink their business models
The Covid-19 pandemic has accelerated changes in consumer attitudes towards fashion and retail, and calls are getting louder for “something to be done,” such as fewer collections, less fast fashion and more attention to sustainability.
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News briefsCovid-19 has severely affected the sports industry
The sports industry, intended as the organization of sports events and related betting and licensing activities, is estimated to have lost between 30 and 40 percent of its revenues because of the Covid-19 pandemic, based on a study conducted by PriceWaterhouseCoopers (PWC), and its recovery will be slow. A survey ...
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News briefs
New Iberian distributor for Berghaus
Dicaltex Internacional has taken over the distribution of Berghaus for Spain and Portugal, starting with the servicing of the present autumn/winter collection and the sale of the spring/summer 2021 collection. Viper was the previous Spanish distributor of the British outdoor brand, but the contract ended in June.
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News briefs
Vasque Footwear has a new president
In September, the hiking brand Vasque Footwear appointed Bryce Wernsman as its president, in replacement of Allison Gettings. Wernsman had spent the previous three and a half years as senior director of global marketing at Vasque’s parent company, Red Wing Shoe, helping to steer its brand, retail network and digital ...
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ArticleIspo Munich will be hybrid
Messe München has announced that its next Ispo Munich show will be a hybrid event – on-site and digital. It will be smaller and more digital in physical terms, but it will be intended to reach a more international audience through the internet. We understand that the new format will ...
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News briefs
Eurobike will be trade-only, limited to 10,000 visitors per day
Physical attendance at the special Nov. 24-26 edition of the Eurobike show in Friedrichshafen will be limited to 10,000 trade-only visitors per day. Only 400 exhibitors will participate in the leading European bike show, compared with more than 1,400 in September 2019. Described by the organizers as ”The Place to ...
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ArticleInterview: Corona and the impact on tourism in the mountains
With Covid-19 and the lockdown in March, pretty much all industries were facing severe challenges. One of the sectors that were hit the hardest right from the beginning was the travel industry. After a while, people were allowed to travel again, but in a very limited manner. However, as the ...
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News briefsDecathlon Germany benefits from multi-channel model
Decathlon Germany will close the 2020 fiscal year with seven new openings and two expansions. In addition, André Weinert, chairman and chief executive officer since September 2019, reports an unspecified increase in sales for the year and the fact that not a single employee had to be laid off despite ...
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News briefsThe North Face introduces the Explorer Team
The North Face (TNF) has announced the launch of a new team that will involve everyone around the world who see themselves as explorers or adventurers – from scriptwriters and photographers to trail runners and powder enthusiasts. TNF took the inspiration for its “Explorer Team” from the Covid-19 period and ...
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News briefsCake boosts its executive management team
Cake, the Swedish manufacturer of light electric high-performance motorcycles and a member of the Scandinavian Outdoor Group (SOG), today announced the hiring of three new executives at its headquarters in Stockholm. Per Werin joins the company as chief operating officer. He previously served as chief marketing officer and managing director ...
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News briefsMIPS presents its own team of sponsored athletes
MIPS, the Swedish supplier of helmet-based safety and protection of the brain, has announced the formation of its first professional athletic team, “Team MIPS.” The team will serve as an “ever-growing global force of helmet safety advocacy,” with athletes from around the world with a wide range of backgrounds and ...
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News briefsJack Wolfskin has a new CFO
André Grube has been appointed new chief financial officer of Jack Wolfskin. He has been in charge of the company’s financial division as well as the tax & legal, human resources and office management departments of the German outdoor brand since Oct. 1. Grube succeeds Ante Franicevic, who will be ...
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News briefsNorrøna opens factory in Lithuania
On its blog, the Norwegian brand Norrøna revealed that it has just opened its own new factory in Kaunas, Lithuania, which has been developed and built since 2018 to make highly functional products with premium quality more sustainable. “Having our very own factory also allows us to improve innovation and ...
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News briefs
Safilo expects Q3 sales to be better than expected
Safilo estimates that in the third quarter its net sales grew by a mid-single digit rate at constant exchange rates compared to the same quarter of 2019. It also expects to return to a profit at adjusted Ebitda level. Previously, the company had forecast a moderate decline in sales for ...
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News briefs
Wildberries faces sanctions in Ukraine
Ukraine may impose sanctions against Russia’s largest online retailer, Wildberries, according to a proposal by the Ukrainian Minister of Culture and Information Policy, Oleksandr Tkachenko. The recommendation was made after Wildberries announced plans to begin sales in Ukraine. The minister called on the government to consider the possibility of applying ...
