All Outdoor Industry Compass articles in Volume 14, Issue 16+17 – Page 10
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News briefs
Rapha Foundation supports new British Cycling City Academies
Rapha Foundation has teamed up with British Cycling, the governing body for cycling in the U.K., on a new community initiative aimed at making cycling more inclusive across the country. The partnership, resulting in the British Cycling City Academies Supported by Rapha Foundation, will promote gender balance and the inclusion ...
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Short stops
Short Stops Week 30, 2021
CORPORATE AND M&A +++ Strava will open an office in Dublin as part of its European growth strategy, with recruitment already underway, The Irish Times reports +++ Vision Quest Velocity LLC, an early-stage virtual cycling start-up led by former U.S. professional cyclist Robbie Ventura, announced it had raised $3.4 million ...
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ArticleVelocio partners with Apidura for U.K. repairs
Repairs are essential to keep products in use longer but sending a product to a central repair hub can accrue a significant carbon footprint. To reduce this negative consequence, Velocio, a cycling apparel company based in New Hampshire (U.S.), has partnered with Apidura in the U.K., a company that makes ...
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News briefs
U.K. wins hosting rights for IWG on women and sport
The U.K. has been named as the next host secretariat for the International Working Group (IWG) on Women & Sport. The appointment covers the period of 2022-2026 and will include the staging of the 9th IWG World Conference on Women & Sport 2026. This is the world’s largest conference dedicated ...
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News briefsStrategic expansion of Gruppo’s management team
Following the recent announcement that U.S. investor Victor Luis and his Asobi Ventures Inc. have joined Cinelli and Columbus manufacturer Gruppo Srl as majority shareholders, and the introduction of Marcello Segato as the new CEO, the Italian company has now hired Walter De Luca ...
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News briefs
Lenzing earns platinum status for sustainability
Lenzing Group has followed up its recent three consecutive gold awards for corporate social responsibility with a platinum award. The award was given by EcoVadis, a Paris-based rating platform to assess corporate social responsibility and sustainable procurement. Lenzing earned the award for its top rankings in the four main CSR ...
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ArticleHigh demand for bike helmets results in tremendous sales increase for Mips in H1
After a strong start to fiscal 2021, “brain protection” helmet-technology maker Mips AB stepped it up a notch in the second quarter. As a result, the Swedish company posted total sales of SEK 225 million (€22.0m-$25.9m) in the first half of the year, despite challenging supply chain issues. Compared with ...
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ArticlePierer Mobility and Maxcom join forces for new e-bike factory
On July 21, Austria’s Pierer Mobility AG and Bulgaria’s largest bicycle manufacturer Maxcom Ltd. announced the establishment of a joint venture in which each party will hold a 50 percent stake. With an investment of €40 million, this joint venture will develop a state-of-the-art e-bike production facility in Bulgaria on ...
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News briefsWorld Cleanup Day on September 18
Sept. 18 marks World Cleanup Day 2021, the world’s largest bottom-up citizen movement to eliminate pollution and plastic waste. World Cleanup Day is held annually on the third Saturday in September. World Cleanup Day 2020 united 11 million people in 166 countries. All of these environmental heroes ...
