All Outdoor Industry Compass articles in Volume 14, Issue 1-2 – Page 6
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ArticleBike stocks 2020: Corona gives the bicycle industry a turbo boost
Same same but different – 2020 has been a real rollercoaster. Not only for the world economy but for each individual: Corona set the course. 2020 saw the most extreme stock market movements ever. What it finally taught us above all: whether economic, trade or other wars, political crises or ...
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News briefs
EOCA’s Green Friday fundraiser collects more than €50,000
The European Outdoor Conservation Association (EOCA) reported that its last online fundraising event exceeded all expectations in raising money for conservation. Together with 17 of its members, the association held an online Green Friday fundraiser, which resulted in more than €50,000 being raised. This has provided a significant boost to ...
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News briefs
Fair Labor Association members will likely not source from and produce in the Xinjiang region
The Fair Labor Association (FLA) has prohibited its member companies from sourcing from and producing in the Xinjiang region, in northwest China, due to growing concerns over human rights and labor violations. The region is home to several ethnic minority groups, including the Uyghur people. Last year, the FLA advised ...
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ArticleE-bike start-up Angell launches communication across U.K. and Europe
Angell, a French brand founded in 2018 that claims to make the world’s lightest electric bike (<16kg), has appointed the London office of Purple PR to handle all communications in the U.K. and Europe. Purple will oversee launches, influencers, events and partnerships throughout these markets. Source: Angell Angell ...
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ArticleA quarter of German online shoppers are looking for more sustainable purchases
A recent representative survey conducted by the opinion research company Civey on behalf of the German E-Commerce and Mail Order Retail Association (bevh) has revealed that a quarter of the German online shoppers are consciously looking for sustainable shopping offers on the Internet. According to bevh, sustainable packaging is essential ...
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News briefsCO2 footprint calculation and compensation for private individuals
On Dec. 20, the German climate protection platform ClimatePartner YOU went live, allowing private individuals to calculate, reduce and offset their personal carbon footprint. The website is offered in English and German. By calculating their own footprint, users can contribute to achieving the 1.5°C target demanded by the United Nations ...
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ArticleWho are the winners of the Corona summer?
The outdoor industry and tourism associations weathered the first Corona summer quite well. Some hiking and biking equipment suppliers were even able to record double-digit growth rates compared to the previous year. However, things are now looking rather bleak for the first few months of the coming year.
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News briefsSport climbing to make its Pan-Am Games debut in 2023
The PanAm Sports General Assembly has approved the addition of sport climbing to the program of the Santiago 2023 Pan American Games. It will be the first time that the sport will be included in the Pan American Games, the largest multi-sport event for athletes from nations of the Americas ...
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News briefs
UK online marketplace OnBuy with New Year’s Day price crash event ahead of global rollout
OnBuy, a U.K. online marketplace launched in November 2016, has announced a £50 million price crash event for New Year’s Day. The marketplace, which offers products in 17 categories, including sports & outdoor, will reduce all seller fees so that every single one of the more than 30 million items ...
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ArticleU.K. signs free trade agreements with Turkey and the EU
The U.K. and Turkey have signed tariff-free trading arrangements and are committed to reach a ”more ambitious” agreement in the future, according to the British Department for International Trade. The free trade agreement was signed by the U.K.’s International Trade Secretary, Liz Truss and Turkey’s Minister for Trade, Ruhsar Pekcan, ...
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ArticleEU and China reach agreement on investments
After seven years of talks, the European Union and China have agreed in principle on an investment agreement after their leaders met on a conference call on Dec. 30. The parties had set the end of 2020 as the deadline to strike a deal. The European Commission said that the ...
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ArticleInterview: Diversity equals innovation - D’Wayne Edwards, Pensole Academy
As part of EDM Publication’s survey on diversity and inclusion, the first part of which was published on Dec. 23 on the Shoe Intelligence website, we had an email interview with D’Wayne Edwards who was the lead designer of Nike’s iconic Air Jordan brand for a decade from 2001, making ...
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News briefs
SunGod supports GB Snowsport, POW U.K. and Canyon DHB cycling team
SunGod, a DTC eyewear brand launched in 2013 on crowdfunding site Indiegogo by Zoe Armstrong and Ali Watkiss from London, has announced that it will be supporting the next generation of British snowsports athletes as the official eyewear partner of GB Snowsport. Just a few weeks ago, the young brand ...
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News briefsHotel in Verbier ski resort is first to implement HeiQ Viroblock Ecosystem
Swiss ingredient brand HeiQ has partnered with luxury Hotel W Verbier and The Medical Supply Company of Switzerland (MSCS) to integrate the HeiQ Viroblock Ecosystem, an antiviral textile and surface technology, into its facility management routine amid a recent lockdown imposed by Swiss health authorities. The HeiQ Viroblock Ecosystem strives ...
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News briefsGlobal virtual Badwater ultratrail starts on New Year’s Day
From Jan. 1-31, 2021, AdventureCORPS, the organizers of the Badwater® ultramarathon races in Death Valley, USA, and elsewhere, will host a new event called Badwater® 267 VR. Unlike other Badwater races, which take place in remote locations and are typically limited to a small field of invited or specially qualified ...
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News briefsUN declares Dec. 28 the International Day of Epidemic Preparedness
To mark the ongoing global fight against Covid-19 and raise awareness of the lessons being learned during the pandemic, the United Nations has declared Dec. 27 the International Day of Epidemic Preparedness. The UN General Assembly invites all member states, organizations of the United Nations system and other global, regional ...
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News briefs
China launches an anti-trust probe against Alibaba
The Chinese government’s State Administration for Market Regulation (SAMR) has launched an anti-trust investigation against the Alibaba Group to verify charges that its marketplaces require merchants to sign exclusive agreements that prevent them from offering products on other internet platforms. Separately, the People’s Bank of China said that Ant, Alibaba’s ...
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News briefs
Swiss online trade reports exceptional growth in November
According to the Association of Swiss Sports Retailers (ASMAS), Swiss online retailing increased by 41.6 percent in November alone compared to the same month in 2019. According to the evaluation by GfK in cooperation with the Swiss Post and the retail association, 2020 is now cumulatively 32.8 percent above the ...
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News briefsVF completes acquisition of Supreme
VF Corp. reports that it has completed its previously announced acquisition of the streetwear brand Supreme® for an aggregate base purchase price of $2.1 billion subject to customary adjustments for cash, indebtedness, working capital and transaction expenses. As a result of the transaction, Supreme has become a wholly-owned subsidiary of ...
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News briefs
Dorel delays vote on going private
Montréal-based Dorel Industries has postponed a special shareholder meeting to vote on the sale of the company to Cerberus Capital Management to give itself more time to consider the terms of the deal. The meeting will be held on Feb. 16 instead of Jan. 12. A special committee of six ...
