All Outdoor Industry Compass articles in Volume 13, Issue 19-20 – Page 8
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News briefs
Preventive inspection call for Skylotec’s SAM 2.0 climbing harness
The German climbing material specialist Skylotec has discovered a missing structural seam on a Skylotec SAM 2.0 harness during a routine inspection. After a thorough inspection of all harness inventories, no other harnesses with this defect pattern could be identified, but the manufacturer has published a precautionary inspection notice. Since ...
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News briefs
Hohenstein debuts its Digital Fitting Lab
Hohenstein, the family-owned testing, certification and research company for textiles, has developed what it calls a Digital Fitting Lab for brands, retailers and suppliers. The German company is inviting such companies to consult its engineers and designers, through workshops or the Hohenstein Academy, to adapt their existing procedures to 3D ...
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Article
New brand identity for avalanche airbag pioneer ABS
SpinCapital, the Munich-based owner the German brand ABS since 2017, is reinventing the well-known avalanche airbag brand founded in 1985 with a new strategy, new brand identity, new products, digital offensive and stronger trade marketing.The founder of SpinCapital and chief executive of ABS, Stefan Mohr, is responsible for the newly ...
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News briefs
Dynafit strengthens its sales team
Mountain sports specialist Dynafit has strengthened its team. The newly created position of strategic account specialist was filled by Herbert Steinmaßl, who has already worked for Dynafit for more than five years and was most recently brand representative responsible for Bavaria. His previous job has been taken over by Lisa ...
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News briefs
Calida plans complete takeover of Lafuma SA
The Swiss Calida Holding has announced its intention to launch a buy-out tender offer followed by a squeeze-out for all outstanding shares of its subsidiary Lafuma SA, which is listed on Euronext in Paris/France. Calida currently holds 93.50 percent of the share capital and voting rights of Lafuma SA. The ...
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Opinion
Opinion: The short vs. long-term perspective of retail recovery
Guest Article by Magnus Ohlsson The pandemic has led consumers to shift interests and behavior for now, but not necessarily forever. This also means that short-term gains and losses should not be translated into an everlasting future. It is important to take into the equation the brand performance of the ...
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News briefs
Early launch of Swix’s next-gen fluoro-free race wax
The Norwegian company Swix, a subsidiary of Brav, has launched its latest gliding wax collection, Swix Pro, which will be available in stores this fall and comprises three lines called Performance Speed, High Speed and Top Speed, with both solid and liquid waxes available. The new line has been in ...
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Article
UK sport and physical activity sectors demand Covid-19 sports recovery fund
The Outdoor Industries Association (OIA) reports that leaders of more than a hundred sports and exercise institutions in the UK have sent a letter to Prime Minister Boris Johnson urging him to reserve funds for the rehabilitation of the sports and activity sector - or risk fueling lack of exercise ...
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News briefs
Clarus raises $11.5m from three top investors to bolster financial strength
Utah-based Clarus Corporation, parent company of Black Diamond, Pieps, Sierra Bullets and Skinourishment, entered into an agreement with three of its top 10 investors - Brown Advisory, Greenhouse Funds and TT Investimentos - to sell 900,000 registered shares of the company to support future growth. The sale will be priced ...
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News briefs
Beneben appointed president of Bollé’s sport & luxury division
After leaving the position of vice president of the Rossignol Group for Europe, Asia and the Southern Hemisphere earlier this year, François Beneben has now joined Bollé Brands as president of their sport and luxury division, covering the group’s brands of sunglasses and goggles: Bollé, Spy, Cébé, H2Optik and Serengeti. ...
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News briefs
Scarpa switches from a distributor to an agent in Spain
Scarpa has informed Spanish retailers that it has started working with an agency, Panasport ETD, to cover the entire Iberian market, putting an end to a wholesale distribution contract for Spain with Iberovegas after Dec. 31. Panasport, which is also an agent for Patagonia, has already started collecting orders for ...
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News briefs
Gucci is partnering with The North Face
Gucci has revealed that it is partnering with The North Face for an unspecified collaboration in the coming months “that celebrates the rich heritage of both brands.” For the big Italian luxury brand, it is the first collaboration of this kind since Alessandro Michele became its creative director five years ...
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News briefs
Unify distributes Nixon in the U.K.
Nixon, the California brand of lifestyle watches and other accessories, has announced a distribution contract for the U.K. with Unify Brand Partnerships, effective immediately. The partnership covers Nixon’s full range of products, including its new line of backpacks, convertible duffels, totes and other carry products made with Reprieve Our Ocean ...
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News briefs
Canada Goose gets positive rating by Moody’s
Rating its debt for the first time, Moody’s gave Canada Goose a B1 corporate family rating and a B2 rating to a proposed senior secured loan of 402 million Canadian dollars (€258m-$300m) due in 2027, nearly half of which would be used to add cash to its balance sheet and ...
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News briefs
OTS is moving to Liverpool
The Outdoor Trade Show (OTS) is moving from the venue it occupied for the past two editions, EventCity in the English city of Manchester, to the Exhibition Centre Liverpool. The next edition is scheduled for June 29 to July 1, 2021, the week after OutDoor by Ispo (June 20-23, 2021). ...
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Article
Kathmandu’s revenues soar thanks to Rip Curl’s acquisition
Kathmandu Holdings scored record sales for its financial year ended on July 31 2020, boosted by the acquisition of Rip Curl during the period. The group’s revenues soared by 48.7 percent to 801.5 million New Zealand dollars (€451.6m-$526.8m), with Rip Curl accounting for 40 percent of the total turnover, but ...
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Article
Patagonia’s European chief will run the whole group
Ryan Gellert, an American who has been running Patagonia EMEA since the end of 2014, has been promoted to serve as chief executive of Patagonia Works, the parent company of Patagonia Inc. In addition, Jenna Johnson has been promoted from vice president of technical outdoor to a new post as ...
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News briefs
Snowleader is expanding its HQ and warehouses
According to Sport-guide, Snowleader is expanding its headquarters in Epagny, on the outskirts of the French city of Annecy, to a total of 3,000 square meters. It is also taking charge of five former Caterpillar warehouses in Versoud, below the Les 7 Laux ski resort, and adding new buildings. The ...
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Article
Fischer lays off 150 workers
Like Rossignol, which has just announced the elimination of 95 jobs, Fischer Sports has decided to lay off 150 workers at its Ukrainian ski factory following a drop of about 25 percent in pre-orders for the coming autumn/winter season. However, the management is cautiously optimistic about the near-term future, considering ...
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News briefs
Approaching “net zero” with science based targets
The German company ClimatePartner reported that the Science Based Targets Initiative (SBTi) - a collaboration between CDP, UN Global Compact, WRI and WWF - published five possible scenarios with which companies can bring their CO2 emissions towards “net zero.” The most ambitious approach is called “climate positive” and includes the ...