All Outdoor Industry Compass articles in Volume 14, Issue 16+17 – Page 4
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News briefs
Simply Hike acquired by Astbury Collections
Simply Hike, a U.K.-based outdoor leisurewear and equipment specialist, has been acquired by Astbury Collections. Simply Hike sells products for hiking, walking, camping and skiing. The Simply Hike store in Reading has closed, and the retail brand has now become an entirely online operation based at Astbury’s headquarters in Alford, ...
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Short stops
Short Stops Week 33, 2021
PRODUCT & MARKETING +++ With Ecco Athletic Leisure Club, the Danish footwear company is introducing a new collection of athleisure footwear mostly made with Ecco’s own curated leather and premium blends of fabrics as well as Neoprene and GoreTex +++ Deckers X Lab, the innovation division of Deckers Brands, owner ...
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ArticleAdidas to sell Reebok to ABG for €2.1 bn
On Aug. 12, Adidas has entered into a definitive agreement to sell Reebok to the Authentic Brands Group (ABG) for a total of up to €2.1 billion. The majority will be paid in cash at the time of closing, which is expected to occur in the first quarter of 2022, ...
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News briefsSeirus wins long-running legal battle with Columbia over patents
A San Diego jury ruled that Seirus Innovative Accessories ’ HeatWave products do not infringe Columbia Sportswear ’s patent, most likely ending a long-running patent dispute between the two brands. The subject of the case was a 2013 lawsuit filed by Columbia against Seirus alleging that Seirus’ HeatWave ...
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News briefs
Goldwin's Q1 sales grow 40%
Goldwin reported revenues of ¥17,078 million (€131.8m-$154.7m) in the first quarter of its financial year, up by 40.0 percent on the year earlier, and confirmed its outlook for 10.5 percent sales growth for the full year. For the three months ended June 30, the Japanese company reported an operating profit ...
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News briefsUniversity study sees Gen Z consumers open to clothing rental
According to a new study among consumers aged between 19 and 24 conducted by the College of Agricultural, Human and Natural Resource Sciences at the Washington State University (WSU), Gen Z adults are interested in using apparel rental services to reduce overconsumption. Ting Shi, co-author and chair of apparel, merchandising, ...
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News briefs
Rip Curl appoints new CEO
Kathmandu Holdings has announced that Brooke Farris will assume the position of CEO of Rip Curl , effective Aug. 16, 2021. The appointment follows the previously announced promotion of current CEO, Michael Daly , to group CEO and managing director of Kathmandu Holdings Ltd. In her new ...
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ArticleAdditional cash boost for Arevo allows for expansion of 3D printing facilities
Silicon Valley-based technology company Arevo unveiled a 3D-printed bicycle frame at Eurobike 2019. In August 2020, the company began offering on-demand custom production using a high-speed printer and in August 2021, Arevo announced not only “the completion of the world’s largest 3D printing facility for carbon fiber composite additive manufacturing,” ...
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ArticleCanada Goose sees sales double in Q1
Canada Goose said it is on track to meet its target for 2022 revenues of over 1 billion Canadian dollars (€681.0m-$799.1m), as sales in the fiscal first quarter ended June 30 doubled to CA$56.3 million (€38.3m-$45.0m) from CA$26.1 million the year earlier amid significant growth in all geographic regions. DTC ...
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News briefsHelly Hansen up 46% in Q2
Canadian Tire Corporation reported a 45.9 percent increase in external revenues for Helly Hansen and Musto to 100 million Canadian dollars (€68.5m-$80.3m) for the second quarter ended July 3. Outside Canada, the revenues from the two brands amounted to CA$95.1 million (€64.7m-$76m), up from CA$64.7 million in the ...
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ArticleEOG unveils retail-specific content for OutDoor by ISPO
European Outdoor Group ( EOG ) and ISPO Group have announced in the process of planning OutDoor by ISPO , which will take place on Oct. 5-7, 2021, as a hybrid conference and a significantly scaled-down physical trade show, several specific content and program items designed specifically with ...
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News briefsAlpinist Siegrist receives lifetime achievement award and extends contract with Mammut
Swiss climber and mountaineer Stephan Siegrist, born in 1972, received the “Le Mérite alpin” lifetime achievement award from the renowned Swiss alpine film festival FIFAD. The jury justified the award as follows: “If we were to say that Stephan Siegrist is an outstanding climber, that would not be enough. Whether ...
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News briefsTravel Talk 2021 held as physical congress day during Eurobike
For the 20th time, the international Travel Talk congress that is held during the Eurobike show in Friedrichshafen, Germany (Sept. 1-4) will host international bike business pros for discussion, networking, inspiration and collaboration. The live congress will be held on September 3, 2021, with the focus topic ...
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News briefs3D print bike manufacturer Urwahn expands lineup
With Waldwiesel and Waldwiesel.E, the German bicycle niche manufacturer Urwahn Engineering GmbH is expanding its gravel bike range. In addition, Waldwiesel.E is the “world’s first 3D-printed gravel e-bike.” With the two new models – one without, the other with e-support – the supplier, which is causing a stir with its ...
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News briefs
Carrera launches DTC webshop in the U.S.
Safilo is taking another step towards its digital transformation by launching a new e-commerce platform for its house brand Carrera in the U.S. The launch of the dedicated website, us.carreraworld.com , coincides with the 65 th anniversary of the brand. The Carrera direct-to-consumer site is already live ...
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News briefsHD Wool partners with HuginBiz to drive business growth in Scandinavia
To support its growing customer base in Scandinavia, U.K.-based HD® Wool Ltd , manufacturer of HD® Wool Apparel Insulation , has partnered with Helping You Grow International Business AB ( HuginBiz® ) to support business development in Scandinavia. HD Wool Apparel Insulation provides energy, well-being and comfort by ...
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News briefsPeak Performance publishes 2020 sustainability report
In its latest sustainability report , Swedish brand Peak Performance is setting future goals and giving an overview on the projects and improvements in 2020. Setting priorities in health, circularity, climate action and partnerships, Peak Performance aims for: 100 percent sustainable materials by 2030 Full supply ...
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ArticleTopgolf and golf boost Callaway, outdoor shows resilience
Callaway Golf’s revenues increased 208 percent to $914 million in the second quarter ended June 30, thanks in part to the first-time inclusion of Topgolf, which is now the group’s third operating segment along with golf equipment and soft goods and whose sales nearly doubled, compared to the prior year, ...
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News briefsAmer Sports names Fogliato Salomon’s new president and CEO
Source: Salomon Franco Fogliato Amer Sports has found a new and experienced executive with an excellent background in the sporting goods industry, Franco Fogliato , to head up Salomon as president and CEO. He will take on the responsibility by March 15, 2022, ...
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ArticleMore details on consumer integration at ISPO Munich
After initial information about ISPO Munich ’s new concept – including plans to partially open the show to consumers – was revealed rather “in passing“ during a webinar of the winter sports initiative “ My Winter. My Sport. ” last month, Messe München finally gave more details about ...
