All Outdoor Industry Compass articles in Volume 14, Issue 1-2 – Page 5
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News briefs
U.S. start-up Sēkr closes first funding round
Sēkr , an American, all female-owned start-up and creator of The Vanlife App , an app that provides community connections and outdoor travel resources in one, has closed its first funding round. With a 400-percent increase in camping activities in the U.S. this year (according to The Guardian ), the ...
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News briefs
Patagonia’s CEO responds to events at U.S. Capitol
One day after Trump supporters stormed the U.S. Capitol building in an attempt to stop the certification of U.S. President-elect Joe Biden ’s victory by the Electoral College, Ryan Gellert , Patagonia ’s CEO, posted the following statement on the company website: ”Patagonia condemns the assault on the US ...
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News briefs
Shackleton partners with Blue Marine Foundation (Video)
Shackleton , a London-based outdoor brand founded in 2016 by Ian Holdcroft and Martin Brooks and backed by the Hon. Alexandra Shackleton , the granddaughter of Sir Ernest Shackleton , who led three British expeditions to Antarctica between 1908 and 1922, has partnered with the non-profit organization Blue ...
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News briefs
Leatherman might work on tighter retail strategy
U.S. magazine Inside Outdoor has reported that Leatherman plans to realign and reduce its wholesale distribution partners in North America to create a “more consistent brand experience” for the Leatherman customer base. To streamline its retail strategy, the company plans to exit several accounts by the end of ...
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News briefs
Roark launches performance trail running line
Adventure lifestyle brand Roark , founded in 2009 in California by Ryan Hitzel and Ryan Sirianni , has announced the release of a new performance trail running apparel line called Run Amok . The brand says that “encouraging freedom of expression through movement, the Run Amok collection has the ...
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Article
Hydro Flask struggles due to soft back-to-school season
Helen of Troy’ s Houseware segment, which includes drinkware brand Hydro Flask , posted double-digit growth in the third fiscal quarter ended on Nov. 30. Sales in the segment soared by 21.4 percent from the year-ago quarter to $222.4 million, driven by an organic business increase of 21.2 percent, largely ...
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News briefs
DSM and Clariter team up on chemical recycling solution for Dyneema-based end-products
Royal DSM and Clariter have announced a strategic partnership to pursue an innovative chemical recycling solution for products based on Dyneema® . DSM’s Dyneema is an ultra-high-molecular-weight polyethylene (UHMWPE) fiber, described as being 15 times stronger than steel at the same weight. Dyneema is used in the production ...
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Article
U.S. businesses ask Joe Biden to take immediate action to protect Arctic Refuge
The U.S. Conservation Alliance , founded in 1989 to protect wild places where outdoor enthusiasts recreate, and 77 corporate members from the outdoor, craft beverage, financial and renewable energy sectors have penned a letter to President-elect Joe Biden urging him to take immediate action to protect the Arctic National ...
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Article
Outdoor industry stocks among the winners of 2020
While the outdoor industry had a very difficult start of the year in 2020, when the pandemic forced Europe and America to adopt strict lockdowns, it bounced back significantly in the summer when restrictions were lifted, as people looked to escape crowds in the outdoors. The combined market capitalization of ...
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News briefs
TNF and Gucci take their apparel collaboration to Pokémon Go
Gear Junkie has reported that, following the initial announcement of a collaboration between The North Face (TNF) and Gucci for a new clothing capsule, the two companies have now tweeted that they plan to bring their joint line to the virtual world of Pokémon Go ...
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News briefs
OAG acquires Ultracom to create Nordic platform for digital hunting experiences
Open Air Group ( OAG ), a Stockholm-based group that just acquired a minority stake in Swedish outdoor brand Garphyttan and operates e-retailers Widforss.se , Widforss.no , Retkitukku.fi and Koiravaruste.fi , in addition to several hunting-related brands, has acquired 100 percent of the shares of Ultracom , ...
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News briefs
Garmin acquires GEOS Worldwide
Source: © Garmin Deutschland GmbH Garmin inReach Mini Garmin has acquired GEOS Worldwide , a company based in Montgomery, Texas, that provides emergency monitoring and incident response services, including search and rescue services for skiers, outdoor adventurers and boaters. The terms of the asset ...
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News briefs
OIA comments on Wednesday’s events at U.S. Capitol
Lise Aangeenbrug , executive director of the U.S. Outdoor Industry Association (OIA) based in Boulder, Colorado, made a statement following the events at the U.S. Capitol on Jan. 6: “President Trump began his tenure trying to dismantle important symbols of our uniquely American democracy, our public lands. For ...
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News briefs
ISPO Beijing postponed without new date
ISPO Beijing has been postponed to a yet unspecified date. It was originally scheduled to be held as a physical event in the Chinese capital from Jan. 14-16, but Messe München said it would be unreasonable to hold the show in light of a renewed outbreak of the ...
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Article
Oeko-Tex carries out its annual standards revision
Oeko-Tex® , an association of 18 independent research and testing institutes worldwide, which sets standards for more safety in products of the textile and leather industry and their manufacture, is proceeding with its annual revision of test criteria, limit values and requirements for its sustainability certifications and labels – the ...
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Article
Wolverine announces two executive appointments
Source: Wolverine Worldwide Jim Zwiers – New President, Global Operations Group Wolverine Worldwide , owner of the Merrell , Sperry , Saucony , Wolverine and Keds brands, among others, has made a couple of executive appointments to ring in the new year. ...
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News briefs
Filson appoints new CEO
Source: Filson Paolo Corinaldesi, new Chief Executive Officer of Filson Filson , a U.S. outdoor and outerwear brand founded during the Klondike Gold Rush in 1897, has appointed Paolo Corinaldesi as the company’s new CEO, effective immediately. Corinaldesi joins Filson as part of his ...
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Article
Emerald acquires software company PlumRiver
The trade show industry is seeking new ways to generate revenues and engage its clients because of the damage made to its physical events. Just as the Outdoor Retailer Winter Market is starting its new OR Winter Online edition (Jan. 6 - March 19, with Summit Days on ...
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News briefs
Indorama wins sustainable business awards
Indorama Ventures was recently recognized by Sustainable Business Awards Thailand in seven categories. The global sustainable chemical producer, headquartered in Bangkok, won three awards for Climate Change, Supply Chain Management, and UN Sustainable Development Goals. The company also received another four Special Recognition Awards in Strategy and Sustainability ...
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News briefs
Germany expands and tightens lockdown until end of January
The German government announced Jan. 5 that it is extending the Corona lockdown. Not only will it be extended until Jan. 31, but measures to contain the pandemic will be tightened. For non-essential retailers, that’s a big problem. Even before the federal government announced the extension, some retailers had ...