All Outdoor Industry Compass articles in Volume 13, Issue 7-8 – Page 6
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News briefsIt’s Great Out There Coalition promotes #outdoorsathome across Europe
The It’s Great Out There Coalition, an international non-profit association set up by the European Outdoor Group (EOG) and registered in Brussels, has presented a new initiative in response to the Covid-19 pandemic. In collaboration with several of its members, including some of the biggest outdoor companies in Europe, the ...
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Article
Moody’s is pessimistic about Amer’s outlook
Moody’s downgraded its ratings for Amer Sports’ debt to the lowest level possible, issuing a pessimistic short-term outlook for the company, acquired a year ago by Anta Sports Products and other investors. Moody’s expects a 20 percent decline in the group’s revenues this year, noting that its products are subject ...
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News briefs
VF appoints new vice president for Kipling
VF Corp. has appointed Markus Hamm as vice president and general manager of Kipling for the Europe, Middle East and Africa (Emea) region, effective April 1. He will be based in Antwerp, Belgium, where Kipling’s marketing and sales operations are headquartered. Hamm joined VF in 2004. Since January 2019, he ...
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News briefsNew TNF outdoor footwear with Futurelight
The North Face (TNF) has integrated its Futurelight technology into the Activist Futurelight, the Ultra Traction Futurelight, and the Ultra Fastpack IV Futurelight. The Ultra Fastpack previously came with a Gore-Tex membrane and has now been redesigned using the Futurelight membrane. TNF’s new technology, which was launched last autumn, uses ...
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News briefsWintersteiger develops drying cabinet for disinfection of face masks
To support emergency and medical personnel in times of the Covid-19 pandemic, the ski service machine specialist Wintersteiger from Austria has developed a new drying cabinet: The Pure CO18 is used for the chemical-free disinfection of protective masks and hygiene-related utensils. In addition to the drying process, ozone is used ...
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News briefsKathmandu launches equity increase
Kathmandu is raising additional funds, for a total of NZ$ 207 million (€112.5m-$121.3m) through a series of placements with institutional and other shareholders, offering 1.2 shares for each share in their possession. Institutional shareholders have already taken up 96 percent of their entitlements under a first tranche that ended on ...
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News briefs
Lavaredo Ultra Trail canceled
The 14th edition of La Sportiva Lavaredo Ultra Trail, which was scheduled to take place on June 25-28, has been canceled. In 2013, the organizers had been forced to modify the race route because of the snow, but the event had never been canceled before.
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News briefsSmith and Fischer Skis donate goggles
A program called Goggles for Docs has been quickly instituted in the U.S. to provide ski goggles to healthcare workers who would otherwise lack eye protection while treating patients infected with Covid-19. The program relies entirely on volunteers and donations. Instructions for logistics, with hospitals broken down by state (16 ...
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News briefsOsprey produces fabric masks for first responders in Colorado
Osprey, the backpack brand from Colorado, announced that their Cortez-based warranty and repair team will work exclusively sewing fabric masks for healthcare workers and first responders in and around the brand’s neighborhood. The masks are being distributed to Southwest Memorial Hospital as well as the local health department that supplies ...
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News briefsEquip Germany strengthens retail marketing
Equip Deutschland, the German subsidiary of Equip Outdoor Technologies (owner of Rab and Lowe Alpine), is strengthening its retail marketing. Jakob Schimeck will be responsible for the appearance of Rab and Lowe Alpine at specialist trade partners in the DACH (Germany, Austria and Switzerland) region. Schimeck will mainly be cultivating ...
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News briefsGaleria and Karstadt Sports get protection from creditors
(SGI) Galeria Karstadt Kaufhof (or Galeria for short), the new holding company formed last year from the merger of the Galeria Kaufhof and Karstadt department stores, submitted an application for protection from its creditors which was approved by the local court of Essen on Wednesday. Stressing that the proceedings are ...
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News briefsOutdoor Retailer Summer Market canceled
Outdoor Retailer (OR) announced in a “letter to the community” that the OR Summer Market, initially scheduled for June 23-25 in Denver, Colorado, had to be canceled. Marisa Nicholson, senior vice president and show director of OR, wrote that the difficult decision to cancel the 2020 summer show was made ...
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News briefsVibram pays bonus as a positive signal
Like many other companies, Vibram has been hit hard by the current Covid-19 pandemic. Both the research center and production at the Vibram Tech Center in Guangzhou, China, were closed for almost 10 weeks and are now operating at about 80 percent capacity. The production site in Albizzate, near Milan, ...
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News briefsInternetstores appoints Martin Netinder head of outdoor division
The multi-channel retailer Internetstores has placed Martin Netinder in charge of the outdoor division in the newly created position of managing director outdoor. Internetstores includes the international outdoor retail formats Campz and Addnature as well as concepts such as Fahrrad.de, Bikester and ProBikeShop. The focus is on online trade, although ...
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News briefsNina Flood takes over management of Eastpak
VF Corporation has appointed Nina Flood as president of Eastpak with immediate effect. Flood will be based in Antwerp, Belgium, where Eastpak’s marketing and sales department is located, and will report directly to Martino Scabbia Guerrini, who is group president for EMEA and responsible for the parent company’s European business. ...
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News briefsLöffler produces face masks
For almost two weeks, the Austrian outdoor and sportswear supplier Löffler has been producing face masks at its headquarters in Ried im Innkreis. Using about half of its workforce, the company is producing 2,500 to 3,000 face masks a day. “With this, we want to face the emergency and make ...
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News briefsMcTrek files for insolvency
Yeah! AG of Germany, operator of 43 McTrek outdoor stores and an online shop, filed for insolvency at the district court of Hanau, Germany, on April 1. The company employs 420 people. Yeah! AG was founded by Peter Dausien, founder also of the German outdoor brand Jack Wolfskin, and has ...
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News briefsUSWE starts foundation to support U.S. sports events
USWE – a Swedish company that manufactures bounce-free backpacks and has action sports events in its corporate DNA – has established the Ride It Out Foundation to support U.S. event organizers suffering under the Covid-19 crisis. The company noticed that once the virus started spreading many events in USWE’s segments, ...
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News briefsOeko-Tex adjusts renewal processes during Covid-19 crisis
Due to the current coronavirus crisis, Oeko-Tex temporarily adjusted the processes related to the renewal of certificates, thereby reducing the workload for production facilities. For existing and known certificate holders, the responsible institutes will initially renew the certificates Ecopassaport, STeP, Leather Standard and Standard 100 without the necessity of submitting ...
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News briefs
Hoka signs deal with Frodeno
Jan Frodeno from Germany, one of the world’s best triathlon athletes, signed a deal with Hoka One One and will wear the brand’s footwear for the next three seasons. The three-times Ironman champion and Olympic champion said he will race with Hoka’s Carbon X shoes and train with the Clifton ...
