All Outdoor Industry Compass articles in Volume 13, Issue 9-10 – Page 3
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News briefsLa Sportiva to resume production
The Italian mountain and climbing footwear specialist La Sportiva resumed production of climbing and mountaineering footwear at the Ziano di Fiemme production plant on May 18. In the initial phase, the 200-plus production staff (out of over 360 in the entire plant) will work in two shifts of four hours ...
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News briefsDynafit launches retailer support program
Dynafit, part of the Oberalp group, will launch a new support program for retailers on May 20. As part of the “Run for your local dealer” initiative, Dynafit will donate 10,000 neck gaiters to its retail partners worldwide. The retailers can give them to their customers when purchasing Dynafit products ...
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News briefsUnterwegs and Mountain Equipment collect used down
Unterwegs, a German outdoor retail chain, is inviting its clients to collect used down products, like sleeping bags, jackets, blankets and pillows, and bring them to one of its sixteen participating stores. The down will then be recycled by Mountain Equipment and reused for new products. In July 2019, Mountain ...
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ArticleOdlo has a new owner
Monte Rosa Sports Holding AG, a company based in Switzerland, has acquired Odlo International, the Swiss producer of functional sports underwear, together with all its national subsidiaries, from Herkules Fund III. The transaction was completed on Wednesday, May 13, for an undisclosed price. Odlo was founded in 1946 in Oslo ...
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News briefs
Half of Osprey's SecondLife profits go to British NHS charity
In the UK, backpack specialist Osprey plans to donate 50 percent of profits generated by its SecondLife program sales to the NHS (National Health Service) charity organization. The SecondLife platform sells preloved, ex-sample and repaired packs to listed members via its website ospreyeurope.com. The organization chosen for the first half ...
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News briefsLa Sportiva launches “For Your Mountain” campaign (Video)
La Sportiva is launching a new campaign that features Michele Graglia, the Italian ultra-marathon runner and model. The campaign, entitled “La Sportiva for Your Mountain,” focuses on the internal challenges for both athletes and ordinary people who engage in outdoor activities, and how the brand’s technical apparel and shoes can ...
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News briefs
Patagonia delays store re-openings
Patagonia might not re-open its brick-and-mortar stores until June at the earliest, according to reports in the New York Times. Rose Macario, the company’s chief executive, said in an interview that the decision to re-open will not necessarily be based on the state decrees only, suggesting that caution will be ...
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ArticleInuheat appoints Thiel, Schmid and Wennerholm to the board
Johan Thiel has been appointed chairman of the board of Inuheat Group, a Swedish developer of novel solutions for embedding wearable heating into clothing. Thiel served as chief executive of MIPS AB from 2013 to 2019. In 2017, he successfully guided MIPS to a public offering on the NASDAQ exchange ...
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News briefsATK Race and Gimec merge to form ATK Sports
ATK Race srl, an Italian binding manufacturer from Fiorano Modenese that has made a name for itself in recent years with its aluminium milled pintech touring bindings, and its parent company Gimec srl, both in the hands of the Indulti family, merged to form a new company, ATK Sports. According ...
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ArticleDivestitures helped Vista Outdoor
The Outdoor Products division of Vista Outdoor, which groups brands such as Bell, Giro, Camelbak, Camp Chef and Bushnell Golf, recorded a 9 percent drop in sales to $132 million in the fourth quarter ended on March 31, largely due to restrictions related to the Covid-19 outbreak. Sales of hydration ...
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ArticleYeti offers more shares after a good Q1
Yeti has announced a secondary offering of 15 million shares by the Seiders family and some of its shareholders. It’s the third time that insiders have sold large batches of shares since the American maker of camping coolers and drinkware went public in 2018. The latest offering came after Yeti’s ...
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News briefsFlat sales at Helly Hansen
Canadian Tire Corp. reports that Helly Hansen booked a 7.3 percent sales decline in the first quarter ended on March 28, largely due to the sharp decline of the Norwegian kroner against the U.S. dollar, which led to a foreign currency loss of $7.0 million for the Canadian group. In ...
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ArticleHoudini releases whitepaper for a sustainable post-Covid-19 world
A year ago, when Swedish brand Houdini Sportswear launched the project to explore regenerative lifestyles that could support the goals of the Half-Earth Project, no one was expecting a coronavirus pandemic with all its consequences. With Covid-19, the world has changed in profound ways and in just a few weeks; ...
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News briefsSchöffel’s initiative to reward frontline helpers of the Corona crisis
To thank the many helpers during the Covid-19 pandemic, the German family-owned company Schöffel launched the “Schöffel Danke Momente” (Schöffel thank you moments) campaign. The centerpiece of the campaign is the website danke.schoeffel.com, where visitors can suggest particularly deserving helpers with a brief justification up to June 21. Afterwards, those ...
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ArticleStore closures end Black Diamond’s strong growth
Store closures due to the pandemic pushed Clarus Corp.’s sales for the first quarter down by 12 percent to $53.6 million. The parent company of Black Diamond, Pieps and Sierra Bullets saw its net income tumble to $36,000, compared with $3.8 million for the three months ended on March 31, ...
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News briefsJack Wolfskin rolls out new customer loyalty program
May 11 marked the launch of the “Jack WolfskinCard,” a new customer loyalty program by the outdoor brand from Idstein, Germany, which was acquired by the U.S. Callaway Golf Company in early 2019. According to Jack Wolfskin, the new card is the “key to exclusive offers, news and invitations to ...
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News briefs
clim8 partners with Innovation in Performance
clim8, a French thermal technology company founded in 2016, has announced a new partnership with the British agency Innovation in Performance for its European business development activities. The agency is run by Marcus Hoenig, the former chief commercial officer of D3O, and Alex Yellowley, the former business development manager of ...
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News briefs
Sami Kiiski is leaving Halti
Sami Kiiski is resigning at the end of July as the chief executive of Halti, the Finnish producer of ski and outdoor clothing and a member of Scandinavian Outdoor Group since 2005. He did not reveal his next step at this stage, and Halti has launched a search for his ...
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News briefs
Arc’teryx creates position of VP creative, recruits adidas designer
Katie Becker has joined Arc’teryx Equipment as the Canadian outdoor brand ’s first vice president creative. Becker comes from Adidas, where she had worked for 12 years, most recently as senior global design director. Prior to that, she held various design positions at Merrell, Helly Hansen and O’Neill. In her ...
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News briefsHaglöfs signs Maria Granberg as new ambassador
Maria Granberg, the Swedish adventure sportswoman, has become the latest ambassador for the outdoor brand Haglöfs. Granberg, born and raised in the Swedish province of Värmland, had her first experience of high altitudes when she lived and worked as a volunteer in Tanzania and climbed Kilimanjaro in 2010. In May ...
