All Outdoor Industry Compass articles in Volume 14, Issue 16+17 – Page 7
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ArticleCoDi sees “explosive” growth at Boa Technology
Compass Diversified (CoDi) highlighted the “explosive” growth of the recently acquired Boa Technology in its second quarter ended June 30, cautioning that the brand’s expansion is likely to slow in the second half of the year. Boa, which owns the Boa Fit System for shoe fastening, was acquired by CoDi ...
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News briefsKlean Kanteen moves to recycled stainless steel
California-based company Klean Kanteen, the provider of drinkware and food solutions, has announced the use of recycled stainless steel in its TKWide and Straw collections beginning with its 2022 product offering and plans to expand the program to 95 percent recycled steel by 2023. The share of ...
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News briefsFirst “She is Outdoors” gear awards winners
Picking the best from 37 products from 28 brands in five categories, the #sheisoutdoors awards were given to Devold , Exped , Pyua , Norrøna , Wechsel , The North Face and Salomon . The first dedicated women’s outdoor gear award, initiated by Munich-based outdoor enthusiasts ...
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ArticleSRAM Group opens Time pedal factory in Portugal
On June 30, bicycle component manufacturer SRAM Group ( Rockshox , SRAM , Time , Truvativ and Zipp brands) celebrated opening a new production facility for Time pedals in Portugal. Annual production capacity is to be ramped up to 200,000 pairs of high-quality pedals, the company said. ...
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ArticleVF raises FY guidance as Q1 sales and profits beat estimates
VF Corp lifted its annual guidance after posting better-than-expected earnings and sales in its first quarter ended June 30 as retail demand for the company’s top brands continued to recover from the impact of the Covid-19 pandemic. Revenue for the three months more than doubled to $2,194 million, compared ...
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Short stops
Short Stops Week 31, 2021
OBIT +++ The cycling and sports industry mourns the passing of Jeroen Snijders Blok, former COO of Accell Group and honorary director of WFSGI, who passed away suddenly on Aug. 3 at the age of 62 +++ FINANCIAL RESULTS +++ Emerald Holding, Inc, the organizer of Outdoor Retailer ...
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News briefs
Campo Designs launches what it claims is the world’s first retractable tent
Campo Designs is launching the Escape M4, a patented tent for outdoor enthusiasts that is said to provide unprecedented versatility. Its dome-like structure has a retractable canopy that opens up the tent in six different ways, ranging from wide-open to completely enclosed for total privacy. With interior space of around ...
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News briefs
Picture to open a store in Paris
Picture will soon open a store in Paris – its first in France’s capital city and its 20th in France – Sport Guide has reported. The French eco-friendly brand will settle in the Latin Quarter, at 65 rue St. Jacques, taking over a 110-square-meter space from Urban Surfers. Renovation work ...
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ArticleReal per capita consumption of private households continues to decline
In its first quarterly report of 2021 on private household consumption in the EU and Europe, the Statistical Office of the European Union (Eurostat) finds a 1.6 percent decline in average real per capita household consumption in the euro area, following a 2.6 percent drop in the fourth quarter of ...
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News briefsRab to offer professional wash service for its Gore-Tex outerwear
British outdoor brand Rab, part of Equip Outdoor Technologies Ltd, has announced the launch of its specialist Gore-Tex Shell Wash Service. This new service, offered by the Rab Service Center, is available to end-users and retailers. Expert washing, drying and waterproofing of all Rab Gore-Tex waterproof garments by the service ...
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News briefs
Izas Outdoor opens its first store outside of Spain
Izas Outdoor , a Spanish outerwear specialist headquartered in Zaragoza, has opened a pop-up store in Chamonix, France. It is the company’s first store outside of Spain. The 180-sqm pop-up will be in place until the end of October. Izas Outdoor has also recently inaugurated a new store in Bilbao, ...
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ArticleHow Bike24 is capitalizing on a global boom in bike sales
As the pandemic fuels a craze for cycling, Europe’s biggest online marketplace for bikes makes an impressive stock market debut.
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ArticleNewell reports Q2 sales rise of 28.3 percent
For the second quarter, Newell Brands net sales were $2.7 billion, a 28.3 percent increase compared to the prior-year period, as core sales growth of 25.4 percent and favorable foreign exchange were slightly offset by the impact of business and retail store exits. The company said that net sales were ...
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News briefsAquafil launches e-shop with Econyl products and sustainable search filter options
Yarn supplier Aquafil is reaching out to consumers: the Italian company has just launched an Econyl e-shop platform, where – for the first time – customers can buy a range of sports, lifestyle and fashion products made from the company’s regenerated nylon Econyl directly in one place. According ...
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ArticleVista aims higher as ammo sales fire Q1 earnings
U.S.-based Vista Outdoor has posted better-than-expected first-quarter sales on the back of continued soaring demand for ammunition and outdoor products. Sales for the three months to June 27 rose 38 percent to $663 million over the same period last year against company forecasts of $600m - $620m. Chief executive Chris ...
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News briefsMarkus Dirr heads new marketing and sales unit at Messe München
Source: Messe München Markus Dirr Just in time for the restart of the trade show season, ISPO organizer Messe München has established a new central division, “Product Marketing and Sales.” The newly structured unit is to bring together the marketing and sales competencies of the two disciplines ...
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ArticleGermany’s “Dein Winter. Dein Sport.” winter sports initiative says optimism is back
“Positive” and ”together“ are the words that characterized the online conference of ”Dein Winter. Dein Sport.” earlier in July. The initiators of the German winter sports initiative and representatives from science, ski lift companies, tour operators and trade shows gave an insight into the preparations for the 2021/22 winter season. ...
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ArticleDeckers Brands posts Q1 sales growth, raises FY22 outlook
Deckers Brands reported a first-quarter revenue increase of 78.2 percent to $504.7 million, while the company’s earnings per share increased to $1.71 compared to basic loss per share of $0.28 for the same period last year. The company has raised its full-year fiscal 2022 outlook and now expects earnings per ...
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News briefsHuntsman develops new TPU grade for laminating technical textiles
U.S. chemical company Huntsman has developed a new thermoplastic polyurethane (TPU) for technical textile manufacturers producing high-performance fabrics for outdoor apparel and other applications. According to Huntsman, Irogran® A 85 P 4394 HR TPU is a highly versatile elastomer that can be easily extruded and added to nylon and polyester ...
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News briefs
Scarpa to collect used outdoor equipment at The Big Gear Show
At the upcoming The Big Gear Show (Aug. 3-5) in Park City, Utah, Italian outdoor brand Scarpa will help distribute quality used outdoor gear to underprivileged athletes. During the event, Scarpa North America will, as an exhibitor at the show, provide and promote a drop-off point for used gear. With ...
