All Outdoor Industry Compass articles in Volume 14, Issue 11 – Page 4
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News briefsArc’teryx appoints Karl Aaker as Vice President Brand
Canadian outdoor brand Arc’teryx Equipment announced the appointment of Karl Aaker to the role of VP brand, effective immediately. In his new role, Aaker will be responsible for leading global brand strategy, reporting directly to Stuart Haselden , CEO of the company since February . ...
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News briefsRip Curl CEO steps up to lead Kathmandu Group
Australia-based Kathmandu Holdings has appointed the CEO of the Rip Curl brand, Michael Daly , to head the group, which includes the Kathmandu , Rip Curl and Oboz brands. Daly replaces former CEO and managing director Xavier Simonet , who left the company on April 9 ...
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News briefsFood industry group Heristo acquires Möve Bikes
Germany’s Heristo Holding , a family-owned food industry group, is acquiring bicycle manufacturer Möve Bikes , which went bankrupt on Feb. 5. Together they want to ensure that one of the oldest German bicycle brands with innovative technologies enjoys a secure future. Heristo’s commitment also ensures that jobs at the ...
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News briefs
Retailer Unterwegs joins the ranks of climate-neutral companies
German outdoor retailer Unterwegs GmbH has calculated the company’s corporate carbon footprint (CCF) with the help of sustainability consultancy ClimatePartner . Emission sources such as electricity and heating, printed materials and office supplies, as well as work commutes and business trips were taken into account. Despite ...
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ArticleNepal in humanitarian crisis, donations needed
Source: Sherpa Adventure Gear Sherpa Adventure Gear ’s teams in England and Germany are receiving dramatic reports from the brand’s home country, Nepal. Medical care in the developing country is already at a very modest level under “normal” circumstances, now it is catastrophic, according to the ...
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News briefs
3M launches Thinsulate Xerogel Insulation for textiles
U.S. company 3M announced the launch of a new Xerogel technology insulation in the coming months. Comprised of 60 percent post-consumer recycled material, the new 3M Thinsulate Xerogel Insulation is a highly porous structure consisting of 99 percent air for good thermal insulation properties. In order to ...
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News briefs
HeiQ acquires German materials innovator RAS
Swiss ingredients brand HeiQ , known for its antiviral textile technology HeiQ Viroblock , is strengthening its antimicrobial ingredients technology platform and expanding its product portfolio to include coating technologies through the acquisition of materials innovation company RAS AG , based in Regensburg, Germany. RAS develops and manufactures highly functionalized ...
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News briefs
Fur Free Retailer Initiative sees large stores join its program
With major German department stores and textiles retailers Oberpollinger , Alsterhaus , KaDeWe and Engelhorn being the latest to join the list of fur-free businesses, the initiative of the Fur Free Alliance sees significant growth in Europe. Mammut and Adidas also joined the initiative this ...
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News briefs
Vivobarefoot introduces new high-performance hiking boot “in harmony with nature”
Vivobarefoot has launched the Tracker Forest ESC , its latest high-performance boot for extreme forest and off-road conditions, available in men’s and women’s versions. The new footwear, which is part of the brand’s Extreme Survival Collection (ESC) , was designed “in harmony with nature,” the brand said, and is ...
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News briefs
Adidas Terrex tests rental service in France
Adidas is testing a new rental program for products of its dedicated outdoor division. Customers can choose footwear and apparel from around 40 products for men and women via the online platform location.adidas.fr. The products can be rented for a set amount of time, with pricing based on the ...
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News briefs
Patagonia installs Source water technology in Hawaii store
In an attempt to raise awareness of the global water crisis, Patagonia will use Source Hydropanels to give customers and employees of its Honolulu store premium and sustainably produced drinking water. Using sunlight and air as the only inputs, the Source technology pulls pure, clean and infinitely renewable ...
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News briefsThe Loop: platform for performance apparel experts
Organized as an entirely digital format from May 17 to 21, the interactive show experience The Loop, run by the Performance Days (produced by Design & Development GmbH), is replacing the physical experience of the fabrics show usually held in Munich. The highlighted fabrics from the show’s ...
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News briefs
myclimate publishes annual report
Under the motto “ Walk this Way ”, the Swiss carbon offset foundation myclimate has published its 2020 annual results. The three business units of myclimate – education, consultancy and solutions, and offsetting – generated a total of 27.8 million Swiss francs in 2020 (2019: CHF 27.3m). ”It is ...
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ArticleWise Equity acquires one-third stake in Selle Royal Group
In late 2019, Italian bicycle accessories and parts manufacturer Selle Royal S.p.A. (a.k.a. Selle Royal Group with brands Brooks , Crankbrothers , Fizik , Pedaled , Selle Royal ) had officially announced its search for a financial partner to accelerate its growth trajectory. On May 14, Milan-based venture capital ...
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ArticleCanada Goose forecasts record revenue as Q4 profits rise
Canada Goose forecasts 2022 revenues to exceed 1 billion Canadian dollars (€680m-$826m) for the first time after reporting a better-than-expected rise in sales for the fiscal fourth quarter driven by strong demand in China and online sales. Revenues rose to CA$208 million (€141.4m-$171.7m) for the three months to March ...
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News briefs
A new global initiative to support female workers
Fashion brands and NGOs are collaborating on a new initiative that aims to raise at least $10 million to support women in global supply chains. The Resilience Fund for Women in Global Value Chains is a joint initiative from Business for Social Responsibility ( BSR ), the United Nations ...
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News briefsMerida’s sales shift into double-digit range
When it comes to business figures, Taiwan’s second-largest bicycle manufacturer Merida Industry Co., Ltd. (aka Merida Bikes ) is always a little reserved. Looking ahead to Q1 of fiscal 2021 and beyond, the manufacturer has released sales figures in value terms, although it has not provided any details on ...
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News briefs
Researchers develop eco-friendly leather-like material from silk
The leather industry, a global multi-billion dollar business, requires large numbers of bovine animals to sustain production each year, often with severe environmental repercussions like water and land overuse, deforestation, environmental pollution and greenhouse gas emissions. Researchers at the Tufts University School of Engineering in Medford, Massachusetts, have developed ...
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News briefs
Women’s Tour de France to return in 2022
Christian Prudhomme , the Tour de France director, has confirmed in an interview with the Guardian that there will be a women’s race in 2022 and that it will be held closely after the three-week men’s Tour. Further details on the race will be presented in October, which ...
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News briefsGregory’s backpacks outperform Samsonite’s results in Q1
Gregory had by far the best performance in the first quarter within the Samsonite International group, whose luggage business has been deeply affected by the travel and retail restrictions imposed by the Covid-19 outbreak. The brand of technical backpacks and hydration gear booked sales of $15.8 million in ...
