All Outdoor Industry Compass articles in Volume 13, Issue 23-24 – Page 5
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News briefs
You can send your avatar to Ispo Beijing 2021
Source: ISPO Beijing While the upcoming Ispo Munich will be held entirely digitally, Ispo Beijing will be held physically and as planned from Jan. 14 to 16. However, since the majority of the world outside China will hardly be able to travel to Beijing due to Covid-19 ...
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News briefs
3M continues to restructure, impacting 2,900 jobs worldwide
U.S. technology company 3M announced the continuation of its restructuring plan initiated last January, which will result in a cut of about 3 percent of its global workforce, amounting to roughly 2,900 jobs. After introducing a new global operating model in January that was meant to enhance the way the ...
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News briefs
The Gocycle GXi is one of Time Magazine’s 100 Best Inventions
Source: Gocycle Gocycle GXi folded Gocycle has announced that its GXi fast-folding e-bike has been named one of Time Magazine’s 100 Best Inventions. The GXi was unveiled in September 2019, and went on sale early this year. E-bike sales are booming but users often have a hard ...
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News briefs
WTO releases new edition of TRIPS Agreement handbook
Source: WTO The World Trade Organization (WTO) has launched the second edition of “A Handbook on the WTO TRIPS Agreement,” which describes the historical and legal background to the Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS), including information on its institutional framework and role in ...
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News briefs
The Italian Outdoor Group has a new chairman
Source: IOG Günther Acherer Günther Acherer, the owner of Panorama Diffusion, has been elected as the new chairman of the Italian Outdoor Group (IOG), which is part of Assosport, Italy’s association of the sporting goods industry. Acherer, who takes over from Luca Pedrotti, was elected unanimously during ...
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News briefs
Peak Performance collaborates with The Fabricant to digitize its collection
The textile industry – creative but slow to seize on new technologies – is undoubtedly not the most environmentally friendly industry on the market. To move towards sustainability, brands and consumers need to keep up with innovations, among them digital clothing. To ensure the long-term sustainability of fashion production, The ...
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News briefs
Strong online sales on Black Friday in the U.K.
According to a survey by IMRG, the British online retail industry association, U.K. online retail sales on Black Friday this year grew by 38 percent, with the entire week around Black Friday (Nov. 23-30) showing a 30 percent increase. The survey was based on the daily online sales results of ...
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News briefs
European bike sales to jump 47% by 2030
A new forecast from CIE (Cycling Industries Europe), CONEBI (Confederation of the European Bicycle Industry) and ECF (European Cyclists’ Federation), three industry groups based in Brussels, has predicted that Europeans will buy an extra 10 million bicycles per year by 2030. This would represent an increase of 47 percent as ...
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News briefs
Hoka One One and Outbound Collective partner for second #EveryoneOutside film series (video)
Performance footwear brand Hoka One One and the Outbound Collective, a website and app designed to help travelers find local adventures, tours and accommodations around the globe, have joined forces to launch a series of films that enhance and expand the stories of underrepresented athletes and leaders within the outdoor ...
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News briefs
German sports crowdfunding platform breaks €10 million mark
Germany’s largest sports crowdfunding platform, fairplaid.org, has reached a record, with a total of €10 million distributed to athletes, sports clubs and regional projects throughout the country. The sum was achieved with more than 1,700 fairplaid projects and more than 125,000 supporters. According to a spokesperson for the platform, fairplaid’s ...
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News briefs
Munich Fabric Start postponed to March
To provide the industry with a physical event and take into account the current rise in Covid-19 infections, the Munich Fabric Start, originally scheduled for Jan. 26-28 in Munich, has been postponed to March 2-4. Around 300 international suppliers are expected to exhibit their innovations and material solutions for spring/summer ...
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News briefs
Quechua offers prescription sunglasses
Quechua, Decathlon’s private label of outdoor products, has introduced a model of outdoor sunglasses fitted with corrective lenses. The MH 580 is intended to meet the needs of the many outdoor enthusiasts who suffer from vision problems. Especially for cyclists, the retailer also offers the Roadr 900 model. The new ...
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Article
New outdoor brand Artilect to hit stores next year
A new outdoor brand, Artilect®, has announced its launch on the global market. The founders of the brand, based in Boulder, Colorado, are Trent Bush and Corry Taylor. Bush is no stranger to building brands. He founded his first brand, the Twist Clothing Company, in the early 1990s. Since then, ...
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News briefs
Material Exchange closes €5m funding round to accelerate growth
Material Exchange, the Swedish online platform for the procurement of materials, raised €5 million in a funding round as it seeks to accelerate its growth plans after the “business exploded” during the Covid-19 pandemic. “The Covid-19 pandemic has accelerated the digitalization of the industry by at least five years,” said ...
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Article
Rapala rolls out 13 Fishing to over 25 countries
Rapala VMS Corporation, a Finnish manufacturer of fishing lures, equipment and tools, has started the international rollout of a brand for recreational fishing called 13 Fishing. In July, Rapala acquired a total of 49 percent of the share capital of Clearwater, Florida-based DQC International Corp., which owns 13 Fishing. Prior ...
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Article
Skylotec receives government funding for protective mask production facility
Skylotec is expanding its portfolio to include respiratory protection. The professional and sports climbing and safety gear specialist has invested in five modern production machines and will produce medical face masks and masks for light respiratory protection (FFP masks) beyond the corona pandemic. The German family-owned company has received a ...
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News briefs
PrimaLoft wins Popular Science’s Best of What’s New Award
PrimaLoft received a Best of What’s New Award from the U.S. magazine Popular Science in the Sports & Outdoors category for its PrimaLoft® P.U.R.E.™ manufacturing process. P.U.R.E. (Produced Using Reduced Emissions), available exclusively in the Patagonia Nano Puff jacket this fall, reduces carbon emissions during the insulation manufacturing process by ...
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News briefs
Tatonka supports retailers in DACH with special pre-order conditions
The German outdoor brand Tatonka is offering all retailers in Germany, Austria and Switzerland special conditions for the upcoming pre-order of its autumn/winter 2021 apparel collection. This will include no required minimum order on a one-off basis and no quantity-dependent purchase prices. Instead, the best net buying price (without further ...
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Article
Shopify reports new records for Black Friday/Cyber Monday weekend
After releasing record Black Friday results a few days ago, the Canadian e-commerce software company Shopify has updated its data for the entire Black Friday/Cyber Monday weekend. The more than one million Shopify-powered brands around the world have reported sales of $5.1+ billion. From Nov. 27 through Nov. 30, total ...
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News briefs
Tecnica Group North America with new VP, COO
Source: Tecnica Sam Cook Tecnica Group North America has promoted Sam Cook to vice president and chief commercial officer for its alpine and footwear business units. Cook, previously the president of Blizzard Tecnica and responsible for continued growth of the two brands in North America, will oversee ...