All Outdoor Industry Compass articles in Volume 14, Issue 11
View all stories from this issue.
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PDF NewsletterOutdoor Industry Compass: Vol 14 - No 11
Vista unveils four-year plan with ambitious strategic goals | VF Corp. launches new incubator platform to develop innovative business models | Goldwin turns around in Q4, budgets 10% growth | Canada Goose forecasts record revenue as Q4 profits rise | VF’s momentum on the rise, positive outlook for 2022 | Deckers grows in Q4, led by further expansion of Hoka One One | Leatt’s chase for records continues | Myanmar: a cheap hotspot getting even hotter | Nepal in humanitarian crisis, donations needed | French investor takes over Swiss e-bike pioneer Stromer | Wise Equity acquires one-third stake in Selle Royal Group | U.S. bike industry veteran to head Hero International in London | Tentree is officially climate neutral | EOG Partner Page
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News briefs
CMP opens store in Venice
CMP has opened a brand store in Venice. The new 140-square-meter space of the Italian brand, part of the F.lli Campagnolo Group , is located in the Nave de Vero shopping center in Marghera. It is CMP’s 20th brand store in Italy. The store sells products for trekking, ...
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News briefsSwitzerland rejects new trade agreement with the EU
The Swiss cabinet has rejected a comprehensive trade agreement with the EU, known as the EU-Swiss Institutional Framework Agreement . On May 26, the government said that there remain “substantial” differences between Switzerland and the EU and that the conditions for signing the agreement were not met, adding that it ...
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News briefsGfK sees slow but possible recovery of consumption in Germany
In its monthly study in Germany this May, GfK market researchers found consumer sentiment “rather bright than muted,” caused by falling illness rates and success in Covid-19 vaccinations. With more employees coming out of short-time work and incremental re-openings of stores and restaurants, conditions are good for a ...
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News briefsBrand sustainability has growing influence on purchasing decisions globally
In partnership with Morning Consult , U.S.-based financial services firm Stifel surveyed 4,756 U.S. consumers aged 18 to 55 who are interested in active/casual lifestyle brands, as well as an additional 5,259 consumers in the U.K., Germany, France, Italy and China about their sustainability behaviors. The study shows ...
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News briefsFox Racing with new financing partner
On May 18, investor Wingspire Capital provided a US$95 million senior secured credit facility consisting of a US$35 million revolving credit line and a US$60 million term loan to Fox Racing Inc . The U.S. company said it’s using the loan proceeds not only to refinance its prior senior ...
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News briefs
Cascade with new sales and IT hires
Cascade Designs , the Seattle-based parent company of MSR , Therm-a-Rest , Platypus , SealLine , PackTowl and Varilite , has made three new hires in its sales and IT departments. Tim Lau will join the team as international sales manager for Canada and APAC, Jenni Schmidt ...
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News briefs
New company by Spinnova and KT Trading to produce circular textile from leather waste
With new technology for recycling leather residues by spinning, Finnish company Spinnova and KT Trading from Switzerland, leather supplier to Danish footwear brand Ecco , aim to reach market maturity soon. Possessing the natural durability of leather and the low weight and feel of a traditional textile, the ...
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News briefs
Textiles Circularity Centre opens in the U.K.
The Textiles Circularity Centre (TCC), one of five circular economy centers funded by the UK Research and Innovation (UKRI) Interdisciplinary Circular Economy Centres Programme, opened its doors on May 24. The center aims to turn post-consumer textiles, crop residues and household waste into renewable materials for use in textiles. In ...
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News briefsSchöffel-Lowa launches online store
In addition to its 34 brick-and-mortar locations in Germany and Austria, Schöffel-Lowa Sportartikel is now expanding its services and launching its own online store at store.schoeffel-lowa.de . The stores of the two long-established companies will thus have a modern add-on to serve their customers and expand their coverage area. ...
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News briefsOrbea strategically expands European sales organization
Source: Orbea Julien Remazeilles Spanish bike manufacturer Orbea has promoted Julien Remazeilles to sales manager for the European market. Officially effective June 1, the experienced Orbea employee will be responsible for Spain, France, Germany, Italy, Portugal, Benelux, Austria, Denmark, Ireland and Switzerland. In ...
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News briefsSuccessful market launch of Schöffel's new bike collection
Schöffel reports that the bike collection, which has been newly available since this spring, has met with an immediate and enthusiastic response from customers and retailers. In fact, demand was so good that individual products from the collection sold out after only a short time. The family-owned German company ...
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News briefsMountain Hardwear unveils new Hoverbelt for backpacks
Mountain Hardwear has launched the PCT , a dedicated backpack for multi-day hiking that features what the manufacturer says is a revolutionary design to the industry-standard pivoting belt. According to Mountain Hardwear, the new Hoverbelt is a dynamic hip belt that synchronizes with the hiker’s natural movement for ...
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News briefsEOCA pleased with first online fundraiser
The European Outdoor Conservation Association ( EOCA ) reported that its first online fundraiser this year has been a great success. Following the cancellation of the in-person event of ISPO Munich in January, when the association would normally have held a fundraiser to raise money for its conservation ...
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News briefsIndia’s Covid crisis threatens cotton supplies
Inside Outdoor reports that India’s Covid-19 crisis, with an average of 295,000 people falling ill with a new variant of the virus every day since the end of April, could lead to future cotton shortages. India is the world’s largest cotton supplier, which means the crisis in the country ...
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News briefsDometic continues its buying spree
The newest member of the Scandinavian Outdoor Group ( SOG ), Dometic , continues to acquire companies: Only one week after announcing the takeover of Front Runner from South Africa, the Swedes have now completed the purchase of Zamp Solar , a North American manufacturer of innovative and ...
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ArticleVF Corp. launches new incubator platform to develop innovative business models
VF Corp. has launched Venture Platforms , an “innovation pillar that will focus on identifying and investing in new, future-focused opportunities.” The new brand pillar within the group will add a specific innovation-focused component to the existing brand portfolio strategy, which will focus on identifying and investing in new, ...
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ArticleVista unveils four-year plan with ambitious strategic goals
With a successful fourth quarter under its belt, Vista Outdoor, headquartered in Anoka, Minnesota, has released its “Roadmap to 2025.” The plan calls for annual sales growth of more than 10 percent, including acquisitions, and an EBITDA margin that is expected to increase from the current 15.5 percent to 20 ...
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ArticleAlchemie and HeiQ collaborate on high-performance finishing with less cost and chemicals
Alchemie Technology , a U.K.-based developer of a waterless, digital on-demand smart dyeing technology, announced its partnership with Swiss ingredients brand HeiQ , currently best known for its antiviral textile technology HeiQ Viroblock . The partnership was announced as Alchemie prepares for the production launch of its Novara multifunction ...
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News briefsHanwag celebrates 100th anniversary
Source: Hanwag Hanwag, the Bavarian outdoor footwear company, has said that it will celebrate its centenary by making 400,000 pairs of boots and shoes. The business was founded in 1921 by Hans Wagner, the son of a shoemaker, in the village of Vierkirchen, north of Munich. Wagner’s ...
