All Outdoor Industry Compass articles in Volume 13, Issue 23-24 – Page 6
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News briefs
Record Cyber Monday in the U.S.
Online shopping in the U.S. reached $10.8 billion on Cyber Monday, according to Adobe Analytics. It was a 15.1 percent increase on the previous year and a daily record for online shopping in the country. Online shopping reached $5.1 billion on Thanksgiving and $9.0 billion on Black Friday, setting new ...
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News briefsVF opens multi-brand store in Milan
The VF Group has opened its first multi-brand store on a surface of 2,000 square meters on three levels in a landmark building near Milan’s cathedral. Named after its address, Orefici11 carries three brands – Timberland, The North Face and Napapijri – with dedicated show windows for each brand and ...
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ArticleBurton sells Channel Island Surfboards
After purchasing the brand in 2006, Burton Snowboards has now decided to sell the Californian surf brand Channel Islands Surfboards back to a group led by members of the Channel Islands management team. Founded in Santa Barbara in 1969 by Al and Terry Merrick, the company is now headquartered in ...
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News briefsRevo launches Bode Miller capsule collection
Former ski racer and six-time Olympic medalist Bode Miller, who has just joined the Crosson Ski brand as chief innovation officer, has agreed to a long-term partnership with Revo, a U.S. eyewear brand. Miller, who previously wore various brands of goggles without endorsing any of them, has been named “global ...
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News briefs
Velocio with new European staff
The American bicycle apparel brand Velocio announced two new hires to drive European growth. Friederike “Ricky” Buckenlei has assumed the newly created role of head of Europe, overseeing all elements of the brand’s European strategy. The position builds on her managerial experience and her previous work with brands such as ...
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News briefs
Isbjörn of Sweden grows despite pandemic after launching U.S. webshop
Isbjörn of Sweden, an outdoor kidswear brand, reported strong growth throughout 2020. The company said it has grown 20 percent versus the same period in 2019, with a forecasted 30 percent growth expected for 2021. Isbjörn’s webshop, which was recently also launched in North America, has also grown by a ...
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News briefsWorld Cycling Forum 2021 takes place during IAA Motor Show in Munich
The World Federation of the Sporting Goods Industry (WFSGI) revealed that the next edition of the World Cycling Forum (WCF) will take place on Sep. 9-10, 2021 during IAA Mobility (Sep. 7-12) at Messe München’s International Congress Center (ICM). Following the relocation of the IAA automobile show from Frankfurt to ...
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News briefsU.S. ski boot specialist joins Dahu to lead new boot fitting program
Source: Dahu Dahu ski boot Daniel “Dano” Bruno has joined the U.S. distribution company Progression Brands Group, headquartered in Colorado, to lead the Swiss ski boot brand Dahu’s latest initiative called the Corsair Fit Experience (CFE). CFE is a novel ski boot fitting process that is meant ...
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News briefs
Kathmandu Group’s CEO is resigning
Kathmandu Holdings, the owner of the Kathmandu, Rip Curl and Oboz brands, has announced the resignation of its group chief executive, Xavier Simonet. After five and a half years with the company, Simonet has decided to pursue another opportunity in the Australian Public Service in a senior position. He will ...
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News briefs
Stefan Rosenkranz appointed new BSI managing director
Source: BSI Stefan Rosenkranz The board of the Federal Association of the German Sporting Goods Industry (BSI) has appointed Stefan Rosenkranz as its new managing director. Rosenkranz will take up his new position on Feb. 1, 2021. Most recently, Rosenkranz worked as a business consultant for digitization ...
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ArticleMarket for fishing gear to grow by 4% CAGR 2021-2027
According to a new report by Allied Market Research, a market research and business-consulting wing of Allied Analytics, the global fishing equipment market will grow by a compound average annual growth rate (CAGR) of 4 percent from 2021 to 2027, reaching $16.10 billion by 2027. The emergence of innovative fishing ...
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News briefs
Superfeet launches custom-insole system in Europe
The insole and footwear manufacturer Superfeet brought its Fitstation – which it describes as a “personaliszd” insole- and footwear-fitting system – to Europe in November. Already rolled out in the U.S., the system pairs elements from both the Swedish footwear-tech company Volumental and the American computer company HP. Volumental’s Engage ...
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News briefs
Calzados Fal donates shoes for refugees
Calzados Fal – Chiruca is contributing to a humanitarian campaign to aid refugees who have traveled through the Balkans and ended up in Greece. The campaign has been organized by Bienvenidos Refugiados de La Rioja (Welcome Refugees of La Rioja) – a group headquartered, like Calzados Fal itself, in the ...
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News briefsShopify reports record global Black Friday sales
Shopify, a global e-commerce software company headquartered in Ottawa, Canada, announced record-setting Black Friday sales of $2.4 billion from the independent and direct-to-consumer brands on the platform worldwide. The number is based on sales by its more than one million businesses in approximately 175 countries around the world from Nov. ...
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News briefs
Cake to collab with "green" battery manufacturer
Cake, the Swedish manufacturer of lightweight electric performance motorcycles and a member of the Scandinavian Outdoor Group (SOG), has signed a letter of intent with Northvolt, a Swedish battery developer and manufacturer, to form a long-term partnership for the supply of sustainable battery cells for their line-up of electric motorcycles. ...
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ArticleAre we going to ski this winter?
Europe is dividedWith the ski season approaching, a discussion about winter sports during the Corona crisis has flared up. Italy’s Prime Minister Giuseppe Conte wants to keep ski resorts closed at least until Jan. 10, 2021. The German Chancellor Angela Merkel is calling for a joint decision by the member states of ...
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News briefs
The Italian bicycle market will post record sales in 2020
According to data from ANCMA (Associazione Nazionale Ciclo Motociclo Accessori), the sector’s trade association, bicycle sales in Italy are expected to increase by 20 percent this year as compared to 2019. The pandemic provided the primary drive for the growth, followed by the mobility bonus that was allocated by the ...
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News briefs
Lycra creates Chief Innovation Officer position
The Lycra Company has appointed Steve Stewart as chief innovation officer, a newly created position in which he will be responsible for leading the company’s technology and strategic marketing teams. Stewart will also be responsible for accelerating the pace of development of innovative products and platforms for brands and retailers. ...
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News briefsWHO announces new physical activity guidelines
At a time when many people are home-bound due to Covid-19, new World Health Organization (WHO) guidelines on physical activity and sedentary behavior emphasize that everyone, of all ages and abilities, can be physically active and that every type of movement counts. WHO statistics show that one in four adults, ...
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ArticleOutdoor stands out at Schwan Stabilo
The outdoor division of the German Schwan Stabilo Group recorded a drop in revenues for its financial year ended June 30, 2020, due to pandemic-related lockdowns from mid March to early May 2020. Sales declined by 5.1 percent from the previous year to €159.7 million. All four brands in the ...
