All Outdoor Industry Compass articles in Volume 13, Issue 9-10 – Page 5
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ArticleBogs’ sales tumble 22%
Sales of the Bogs footwear brand from the U.S. state of Oregon, best known for their waterproof boots, declined 22 percent in the first quarter due to Covid-19, particularly in the second half of March, with store closures affecting the company’s wholesale business. Weyco , the parent company, said ...
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News briefsGlobal Fjällräven Classic affected by Covid-19
Swedish outdoor brand Fjällräven announced that it had to cancel its 2020 Fjällräven Classic trekking events in Germany, Denmark, UK, Sweden, USA and China due to the ongoing Covid-19 crisis. The event series started with one 110km-long trek across Swedish Lapland in 2005. Nine years later, it expanded ...
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News briefs
Klättermusen applies production process that reduces microplastics
Thanks to a special method of production, the Swedish outdoor label Klättermusen manages to reduce the amount of potential microplastic in the manufacture and life of the new Njorun midlayer. During the so-called “in loop stitch” method, the recycled polyester is woven and the loops are not cut, ...
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News briefsJack Wolfskin North America launches online store
Jack Wolfskin North America finally launched their highly-anticipated U.S. online store at us.jackwolfskin.com . In addition to the brand’s clothing, the website will feature every-day and technical packs and equipment. Jack Wolfskin was founded in 1981 in Germany and acquired by Callaway Golf Company in early 2019. The ...
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News briefsVF Corp. brands support OIA and its small business members
Several VF Corp. brands, including The North Face, Timberland, Icebreaker, Smartwool, Eagle Creek and Altra, will donate 15 percent of their Outdoor Retailer Summer Market refunds to the U.S. Outdoor Industry Association (OIA). The funds are to support OIA’s small business members by providing the necessary tools, resources, and advocacy ...
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News briefs
New Dakine line for female bikers
Dakine is launching a new two-piece bike apparel and accessory line for female riders. The collection was designed in collaboration with professional mountain biker and Dakine athlete, Casey Brown , New Zealand born and currently living in British Columbia, Canada. The Casey Brown Collection includes a long-sleeve bike ...
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News briefsNew additions to Vista Outdoor’s board of directors
Vista Outdoor, the owner of several outdoor sports and recreation brands, including CamelBak, Bell and Giro, has added two independent members, Fran Philip and Lynn Utter, to its board of directors as part of the company’s ongoing corporate rejuvenation efforts. Fran Philip was most recently chief merchandising officer for L. ...
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News briefs
Newell reports a $1.3 billion loss for Q1
Newell Brands reported an operating loss of $1.1 billion after impairment charges in the first quarter for its Home & Outdoor Living segment, which includes Coleman and Marmot as well as other brands such as ExOfficio, First Alert or Yankee Candle. On a normalized basis, the segment generated a negative ...
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News briefsEurobike 2020 postponed to November and trade only
As Germany has a ban on major events until Aug. 29, logistics will preclude opening the Eurobike show on schedule to run Sept. 2-5. Instead, there will be a one-off Eurobike Special show – a “pure B2B concept,” not open to the public – on Nov. 24-26. A ...
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News briefs
Dakine closes Hood River office
Citing the “significant pressure and the financial and operational impacts” caused by the Covid-19 pandemic on Dakine ’s business, Marquee Brands said it has decided to close down its Hood River headquarters in Oregon and to move its remaining operations to the office of JR286 in Torrance, ...
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News briefsClarus cancels case maker takeover, replaces dividend with shares
Clarus Corp. , the American holding company of Black Diamond Equipment and other operations, said it has cancelled its planned acquisition of an American case maker, SKB , by mutual agreement with the sellers as a result of the uncertainties created by the coronavirus pandemic. Clarus would have had ...
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News briefsXXL reduces staff
XXL announced on May 5 that it has decided to initiate a process to reduce the workforce at its headquarters in Norway by around 25, about 20 percent of the employees. Formal procedures for potential dismissals are about to be launched in Sweden and Finland. The Nordic sporting goods ...
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News briefsWolverine issues notes
Like other U.S. companies in our sector and others, Wolverine Worldwide is resorting to a bond offering to help raise more cash as security against the impact of Covid-19. The company announced on May 6 that it is offering $300 million worth of senior notes with a yield of ...
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News briefs
JD Sports and Boohoo argue over Kate Smith
JD Sports Fashion has blocked the nomination of Kate Smith as a non-executive director of a rather successful British e-tailer, Boohoo . The big British sports and outdoor retailer didn’t say why it was withholding its consent, but one reason seems to be the fact that Boohoo has ...
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News briefs
Canada Goose wants 90% bluesign-approved fabrics by 2025
Canada Goose has announced its commitment to reach 90 percent bluesign® -approved fabrics by 2025. The pledge is part of Canada Goose’s Sustainable Impact Strategy. The brands who commit to being a bluesign® System Partner have their supply chain thoroughly assessed to ensure that their products and processes meet ...
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News briefsTimberland releases 2019 CSR report
In 2019, Timberland, a VF Corp. brand, continued to push forward with its sustainability goals. For all cotton sourced by Timberland, including licenced apparel and accessories, Timberland increased its use of sustainably sourced cotton by 3 percent over the previous year to reach 77.5 percent. As for leather, 99.7 percent ...
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News briefs
Eurosima and OSV launch their 2020 call for innovative projects
Eurosima and Outdoor Sports Valley ( OSV ) maintain and renew their call for innovative projects in outdoor action sports. Projects should focus on the development of products or services, the start-up of businesses or the diversification of existing projects towards innovation or eco-design. All current and future ...
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News briefs
Icebreaker promotes Gene Piccotti
Icebreaker, a VF Corp. brand, has promoted Gene Piccotti to senior director of wholesale and retail for North America. He was previously head of U.S. wholesale after joining the brand in 2018. Prior to that, Piccotti worked for Volcom, Quiksilver and Hurley/Nike.
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ArticleSporting goods suppliers face long-term coronavirus effects
The current coronavirus pandemic is having a major impact on the suppliers of sporting goods, particularly in terms of orders, material shortages and cash. Reports from China, Vietnam, Cambodia, Indonesia, Bangladesh, Myanmar and other major sources indicate that many of them are resorting to massive layoffs or facing labor shortages ...
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News briefs
Vasque Footwear supports Children & Nature Network
Vasque , the American children’s outdoor shoe brand, is partnering with the Children Nature Network to increase access to nature for children and families. Headquartered in Santa Fe, New Mexico, the Children Nature Network is a non-profit organization that supports people and organizations working to ...
