All Outdoor Industry Compass articles in Volume 14, Issue 16+17 – Page 8
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ArticleBMZ and Panasonic Cycle Technology announce cooperation for e-bike drivetrains in Europe
German battery specialist BMZ GmbH (aka BMZ Group) has signed a cooperation agreement with Japanese pedelec drivetrain pioneer Panasonic Cycle Technology Co. for complete e-bike drivetrain systems for the European market. This marks the entry of BMZ Group, which has previously also made a name for itself as a supplier ...
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News briefsHoudini integrates connected Touchlink zippers into first garment
Source: Houdini W’s One Parka The Touchlink interactive zipper, which debuted in October 2020, is the result of a collaboration between outfitting manufacturer YKK and wearable technology company Lifekey . Using Near Field Communication (NFC), the same technology that enables the “tap-to-pay” ...
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News briefsColumbia publishes sustainability report for 2020
In its 2020 sustainability report, Portland-based Columbia Sportswear Company (CSC) reveals details on the success made within its four brands Columbia, Mountain Hardwear, Sorel and Prana in terms of CSR topics and sustainability. The group responded to the challenges by Covid-19 with a “Catastrophic Paid Leave” in the U.S. and ...
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ArticleVision Quest Velocity secures $3.4 million in seed funding
Vision Quest Velocity LLC, an early-stage virtual cycling start-up from the U.S., announced that it has received $3.4 million in seed round funding. Strategic financial partners led the investment round. Velocity will leverage Vision Quest Coaching’s more than 20 years of experience and knowledge to launch a unique and differentiated ...
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News briefsOrtovox Safety Academy with new summer dates
With the Safety Academy, Ortovox offers an extensive range of clinics on alpine climbing in the Alpine region in cooperation with its partner mountain schools. From July to October, courses are offered at various locations with a focus on Germany, Austria and Switzerland, but also in Italy and France, which ...
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News briefsRepreve receives its first Higg MSI scores
Repreve , Unifi ’s recycled fiber and flagship product, has received its Higg Materials Sustainability Index ( Higg MSI ) scores, which concluded that the fiber offers lower carbon footprints than comparable materials on the market. The Higg MSI assesses the environmental impacts of materials used in consumer goods ...
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ArticleGfK sees more cautious consumer behavior in Germany
In its latest consumer survey for Germany, GfK has identified more cautious behavior among German consumers. Both economic and income expectations show moderate declines – caused by a noticeable increase in prices and inflation and by once again rising Covid-19 infection rates. However, the propensity to buy is likely to ...
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ArticleCalida Group posts H1 sales growth of 30.2 percent
For the first half period of 2021, Calida Group reported a 30.2 percent increase in sales to CHF 153.9 million (€142.8m-$169.3m) in currency-adjusted terms, which beat the pre-pandemic levels. The company said in a release that Millet Mountain Group, with net sales proceeds of CHF 37.2 million (€34.5m-$40.9m) and a ...
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News briefsGermany's Sport Import expands SRAM Group distribution to Bulgaria and Romania
As of August 1, German bicycle wholesaler and distributor Sport Import GmbH is officially expanding the SRAM Group aftermarket distribution to Bulgaria and Romania. In Bulgaria, the experienced wholesaler shares the distribution of SRAM Group brands Rockshox , SRAM , Time , Truvativ and Zipp with Velomania ...
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News briefsLuis Trenker with new stores
Luis Trenker has moved its store in Salzburg’s Judengasse across the street to a new, approximately 120-sqm location. In addition, openings of new shops are planned this August in Munich’s downtown luxury mall Fünf Höfe as well as in the South Tyrolean capital of Bolzano, home of the brand, which ...
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ArticleSuccessful first half year for Moncler, brand accelerates in Q2
The Moncler Group reported consolidated revenues of €621.8 million for the first half ended June 30, compared to €403.3 million in the first half of 2020. Growth was 57 percent at constant exchange rates and 54 percent at current exchange rates. From April 1, 2021, the group’s financial report also ...
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News briefs
NewStore has a new president
NewStore, a Berlin- and Boston-based company offering turnkey omnichannel store solutions, promoted Richard Berger, who joined the company in December 2019 to oversee its customer-facing operations, from chief commercial officer to president. Stephan Schambach, NewStore’s CEO, chairman and founder, will continue to lead the executive team and board of directors.
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News briefs
Zeal introduces eco-friendly metal sunglasses
Zeal Optics has unveiled its new Metals Collection, the brand’s environmentally friendly metal sunglasses. From the frame to the lenses to the nose pads, the new sunglass collection uses eco-friendly materials such as recyclable stainless steel as well as Hexetate, an eco-friendly recyclable material that is BPA-free and lighter than ...
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News briefsNicolas Foulet is Quiksilver Europe’s new president
According to Shop Eat Surf , Nicolas Foulet , chief information officer at Boardriders since 2015, is the new president of EMEA for Quiksilver . He takes over the role from Greg Healy , who was responsible for Europe in addition to APAC since 2019. Healy had added Europe to ...
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ArticleExcellent results mark the first half of Shimano’s 100th anniversary year
Further Covid-related temporary plant and port closures on the one hand, and unabated high demand for bicycle products and fishing tackle on the other, gave Japan-based supplier Shimano Inc. a hard time in the first half of 2021. However, unlike in the first half of 2020 (when the supplier had ...
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News briefsRumpl strengthens its leadership team
Oregon-based outdoor blanket manufacturer Rumpl has hired Rocco Villano as vice president of operations. He brings 15 years of operational experience to ensure efficient operational strategies and productive workflows and performance. Villano most recently served as vice president of supply chain for Helen of Troy ’s housewares division, ...
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ArticleOrthoLite pushes for zero waste in insoles
U.S. insole specialist OrthoLite, a supplier for over 350 footwear brands worldwide, has announced a widespread zero waste initiative to reduce the environmental impact of its products that are used in roughly 500 million pairs of shoes every year. The company’s commitment includes investment in a proprietary manufacturing system that ...
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News briefs
Citrus-Lime, British provider of cloud-based retail systems, breaks the £1 billion barrier
U.K.-based PoS solutions provider Citrus-Lime reports that customer sales processed through its End-to-End Retail Solution have broken through the £1 billion (€1.17bn-$1.39bn) barrier – a major milestone in the company’s history. More than half of that amount was transacted through the platform in the last 12 months alone, Citrus-Lime said. ...
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News briefs
Lenzing raises outlook for current financial year
Austrian Lenzing Group said it recorded a significantly improved development of its operating result in the first half of 2021. The preliminary EBITDA more than doubled year-on-year to €217.8 million (compared to €95.6m in the first half of 2020). The currently positive environment is still characterized by a high level ...
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ArticleEDM Interview Series #03-2021: Artilect
In part 3 of EDM’s new Interview Series, we spoke with Trent Bush, founder and Co-CEO of Artilect.
