All Outdoor Industry Compass articles in Volume 14, Issue 14+15 – Page 7
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News briefsSport not among top e-commerce performers in Spain
Sport does not figure among the chief product categories in Spanish e-commerce. So says the latest edition of an annual study put out by Elogia, a Spanish digital marketing agency, and IAB Spain, which claims to be the world’s largest association of communications, advertising and digital marketing agencies. Some 25.8 ...
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News briefs
Hoka strengthens product team
Hoka One One has announced Evie Moe and Matt Rask as new senior members of its product team. Moe has been hired as the brand’s first senior director of apparel. Hoka’s apparel division was launched in March 2020, and it is growing rapidly. Most recently, Moe served as the vice-president ...
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News briefsAnta Sports appoints new executive team members
Anta Sports Products Ltd announced two executive changes. Bi Mingwei has been appointed as an executive director of the company, effective July 1. Mingwei is currently a vice president of Anta Sports and a director of certain subsidiaries within the group, primarily responsible for financial management, business processes, information management ...
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ArticleWoom-Europe merges with Woom-USA
Austrian children’s and youth bicycle supplier Woom GmbH has acquired its U.S. import partner and placed it under its corporate umbrella. Financial details of the acquisition were not disclosed. The merger of Woom-Europe with Woom-USA is one of several strategic steps the company is taking to grow. Having already built ...
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News briefsSalewa opens brand store in Munich
South Tyrolean brand Salewa opened a new 140-square-meter mono-brand store in downtown Munich on June 25. Munich is the birthplace of Salewa. On July 8, 1935, Josef Liebhart, then the director of the Munich Saddlers’ and Upholsterers’ Purchasing Cooperative, founded Salewa as a subsidiary for saddle and leather goods. The ...
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News briefsBystronic finalizes sale of Mammut
Bystronic, the Swiss holding company previously called Conzzeta Group, has announced the completion on June 30 of the sale of the Mammut Sports Group to Telemos Capital for an enterprise value of 230 million Swiss francs (€209.7m-$248.6m), including an earn-up of up to CHF 45 million (€41.0m-$48.6m). The figure is ...
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ArticleSvenskt Sportforum launches quarterly industry index based on sales of Swedish retail chains
Industry organization Svenskt Sportforum has launched the Sportindex, a Swedish industry index produced in collaboration with Stockholm-based HUI Research that includes statistics on the development of the sporting goods retail industry. The new Sportindex aims to provide a credible and quality-assured statistical basis that is valuable for industry players such ...
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News briefsNew series shares best practices to eliminate child labor in supply chains
GoodWeave International, a nonprofit organization founded in 1994 by Nobel laureate Kailash Satyarthi and with offices in Washington DC and Oxfordshire, England, has released its “Best Practice Series to Eliminate Child Labor in Global Supply Chains” as a resource during this International Year for the Elimination of Child Labor. ...
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News briefsArtilect becomes future Nuyarn reference brand
The new Boulder, Colorado-based outdoor brand Artilect and New Zealand-based TMC Ltd, owner of the spinning technology Nuyarn, are starting a material and design collaboration for Artilect’s first range of technical apparel and accessories to debut this fall. Nuyarn forms the basis for the collection, consisting of base layers, mid-layers ...
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News briefsTimberland announces global product take-back program in partnership with ReCircled
Source: ReCircled Circular economy: the ideal world needs a different infrastructure Timberland is kicking off a product take-back concept. After launching in the U.S. in August 2021, the program will expand to EMEA this fall and to the APAC region in spring 2022. Developed in partnership with ...
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News briefsPatagonia signs multi-year agreement with Infinited Fiber
Patagonia and Infinited Fiber Company, a Finnish circular fashion and textile biotechnology company founded in 2016, have signed a multi-year distribution agreement for Infinited’s regenerated textile fiber called Infinna. The virgin-quality fiber comes with the soft and natural look and feel of cotton. It is made from cotton-rich textile waste ...
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ArticleClimate Action Corps publishes Progress Report, aims to become climate positive industry by 2030
The U.S. Outdoor Industry Association’s (OIA) Climate Action Corps, launched in January 2020, unveiled its first Annual Impact Report to mark year one progress and announced an unprecedented goal to become the world’s first climate-positive industry by 2030. To address the threat of climate change, a diverse group of more ...
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News briefsEcco invests in advanced green technology
Danish footwear brand Ecco has acquired a 30 percent stake in Danish startup Bioscavenge, which specializes in water treatment technologies and the development and implementation of new methods for water treatment plants. Over the past two years, Ecco has already collaborated with Bioscavenge on a research and development project to ...
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ArticleSilva acquired by growth equity investor, paving way for expansion
Verdane, a Northern European specialist growth equity investor, has acquired the Swedish brand Silva, manufacturer of high-quality compasses, headlamps, and sports equipment, founded in 1933. Silva had been in the hands of Scandinavian private equity investment firm Karnell (K3 Fund) since 2011 when it acquired the brand from Fiskars, which ...
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ArticleEurobike 2022 will relocate from Friedrichshafen to Frankfurt
New location, new date, new concept – only one thing remains: the team of people involved. In order to strengthen its market position and further develop its flagship trade shows in the areas of Urban Mobility “with the bicycle as a bandwagon” and General Aviation, Eurobike organizer Messe Friedrichshafen is ...
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ArticleOutdoor-Profis becomes wholly owned Sport 2000 subsidiary
Outdoor-Profis GmbH, the umbrella company for the outdoor specialty retailers that are part of the Sport 2000 sporting goods buying group, has become a wholly-owned subsidiary of the Sport 2000 GmbH group. Acquisition details were not disclosed. Previously, Sport 2000 held an unspecified minority stake in Outdoor-Profis. With the acquisition ...
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News briefsSaucony unveils Run It Local campaign to support running retailers
Saucony is launching a new initiative, Run It Local, to support specialty running retailers. The €335k campaign will run from July to September with various activities across Saucony’s EMEA territories. Beginning with a drive to access runner-reach, a geo-targeted social media burst and digital ads will highlight the benefits of ...
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News briefs
Covid mobility study: Germans travel more on foot and by bike
The Covid-19 pandemic has led many Germans to rethink their own mobility: just under 40 percent said they wanted to change their mobility behavior as a result. The trend is clearly toward more pedestrians (+64 percent) and cyclists (+50 percent). The respondents also want to fly less frequently in the ...
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News briefsVF sells its Work segment, except Dickies and Timberland Pro
After announcing in April that it had reached a definitive agreement to sell this business unit, VF Corp. announced that it has completed the divestiture of the workwear portion of its Work segment to an affiliate of Baltimore-based Redwood Capital Investments, LLC, a diversified holding company. The transaction includes the ...
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News briefsSchöffel strengthens presence in digital and brick-and-mortar retail
In order to support its retail partners and strengthen its presence in the outdoor and bike sector both digitally and stationary, Schöffel is specifically expanding its sales and marketing teams. Carolin Schöttle joins the brand’s digital sales team with immediate effect. The new key account manager digital sales will support ...
