All Outdoor Industry Compass articles in Volume 14, Issue 16+17 – Page 9
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News briefsFirst German joint order and preview show Eurobico successful
According to the German bicycle buyers’ group Bike&Co and Eurobike maker Messe Friedrichshafen, the first joint order and preview trade show Eurobico (July 24-26) met all expectations – not only because it was, at last, a personal “face-to-face” exchange after a long Covid-related absence from trade events, but also because ...
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News briefsWNDR Alpine moves away from petroleum with new ski line
WNDR Alpine , a ski brand launched as part of California-based advanced materials company Checkerspot , released a new ski lineup with improved material properties, increased biobased content and a powder-focused backcountry shape to create the Reason 120 backcountry skis. Utilizing industrial biomanufacturing techniques and materials science, Checkerspot ...
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News briefsKlarna acquires influencer and performance marketing company APPRL
Klarna , the Swedish retail banking, payment and shopping service, has announced the acquisition of APPRL , a SaaS platform that enables content creators and retailers to work together seamlessly to deliver informative shopping content to consumers around the world. Klarna sees itself as a global growth partner for its ...
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News briefsYouTube acquires Indian social commerce platform Simsim
Google Inc, a subsidiary of technology holding Alphabet Inc, announced it has reached a definitive agreement for YouTube to acquire the Indian social commerce startup Simsim, which has a reach of more than 450 million active users per month, for more than $70 million. The acquisition is expected to help ...
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News briefsContactless card transactions will reach $2.5 trillion in 2021, new research says
The value of global contactless card transactions will reach $2.5 trillion in 2021, up from $1.7 trillion in 2020, and cards will continue to account for the largest share of total transaction value in 2021, at 79 percent, according to a new report from U.K.-based market research firm Juniper Research. ...
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News briefsLenzing to build new wastewater treatment plant in the U.K.
Austrian Lenzing Group is investing roughly €23.3 million to build a new wastewater treatment plant at its site in Grimsby, England. The investment is part of the company’s plans to reduce wastewater emissions by 20 percent by 2022 (against a 2014 baseline). Once it has implemented this project, Lenzing will ...
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News briefsMyStromer AG welcomes three new distribution partners
Swiss S-pedelec pioneer MyStromer AG plans to drive the mobility revolution with no less than three new national distribution partners, namely in Italy, the U.K. and the United Arab Emirates (UAE). While Greenlife Mobility has already been taking care of Stromer pedelecs in Italy since May and is currently working ...
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ArticleSmartwool strengthens sales and e-commerce
Source: Smartwool Jennifer McLaren, CEO Smartwool The CEO of Denver-based merino specialist Smartwool, Jennifer McLaren, has named two new executives for the brand’s sales and e-commerce departments. Corey Stecker, previously international general manager of sales and marketing, was promoted to global head of sales. Stecker has been ...
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News briefsRaleigh’s DACH region distribution to return from PBG to Accell in 2023
The Dutch Pon Bike Group ( PGB , with brands Cervélo , Focus , Gazelle , Juliana , Kalkhoff , Santa Cruz , Union and others) has been distributing the traditional British bicycle brand Raleigh as a licensed brand in the German-speaking markets since 2005. As the ...
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News briefs
Canada Goose sues Goose Country over “confusingly similar” name and more
The Fashion Law has reported that Canada Goose is suing Goose Country, a U.S. outerwear brand. In the complaint, which was filed in the U.S. District Court for the Northern District of Illinois on June 30, Canada Goose claims that “the look and feel of the outerwear garments offered by ...
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News briefs
Canada Goose unveils plans for its first Scottish store
Canada Goose has announced plans to open a store in Edinburgh this fall – its seventh in the European market. The new two-story retail store will be located on Multrees Walk, a pedestrian mall that features some of the city’s most exclusive fashion brands. Designed to combine the brand’s spirit ...
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News briefsGerman specialty bike manufacturer Hase Bikes expands and modernizes production
Due to strong growth in recent years, German Hase Bikes is investing in a new building, giving the specialty bike manufacturer (recumbent trikes, step tandems and cargo bikes, including “e”), which has also made a name for itself in the rehab sector, the opportunity to reorganize production. The new facility ...
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ArticleEarth Overshoot Day is almost back to pre-pandemic date
International research and sustainability organization Global Footprint Network has calculated this year’s date of Earth Overshoot Day being on July 29, which is the status of the years before Covid-19 kicked in and a temporary dip in carbon emissions was visible. Earth Overshoot Day marks the date ...
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News briefsSoftware specialist iFIT acquires endurance experience company 29029
Utah-based company iFIT, a global brand for connected fitness software, content and exercise equipment (including the brands NordicTrack, ProForm and Freemotion), active in 120 countries, has acquired 29029, a company offering endurance hiking events. The acquisition delivers a new endurance athlete segment to iFIT’s community of over six million members ...
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ArticleNew legislation in the U.S. could help the environment – and boost e-bike sales
U.S. Senators Brian Schatz (Democrats, Hawaii) and Ed Markey (Democrats, Massachusetts) have introduced the Electric Bicycle Incentive Kickstart for the Environment Act in the U.S. Senate, a bill that would prioritize electric bicycles as a zero-emission mode of transportation by making them more affordable and accessible to all Americans. If ...
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ArticleProvenance.org publishes opensource communication rulebook to avoid greenwashing
London-based software solutions company Project Provenance Ltd. has published an open-source rulebook to curb misleading communication. The Provenance Framework is an encyclopedia for communication on sustainability, developed to help brands communicate sustainability with integrity and avoid greenwashing based on the latest ESG standards. The framework comprises more than 50 consumer-facing ...
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ArticleParts shortage slows Accell’s results
A growing market for bike parts and accessories helped Accell Group to raise net sales for the six months to June 30 by 3.3 percent to €699.1 million, despite a drop in sales of finished bicycles due to supply and logistics problems. Order books for electric bikes remained strong, but ...
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News briefs
Outback 97 funds university scholarships to study the mountains
Outback 97, a Bergamo-based outdoor equipment distributor, is offering four scholarships worth €1,200 each to attend a new postgraduate module focused on the value of mountain heritage, in collaboration with the University of Bergamo and the local chapter of the Italian Alpine Club (CAI). The funding from Outback 97 fully ...
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News briefs
Ocean Wise study reveals solutions to reduce microfiber pollution
A new study by Ocean Wise suggests easy ways for consumers and the apparel industry contribute to reducing microfiber sea pollution caused by shedding drastically. The study, “Domestic laundry and microfiber pollution: Exploring fiber shedding from consumer apparel textiles,” was published in the scientific journal PLOS ONE on July 9. ...
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ArticleFenix’ Q2 sales up, but sluggish German performance weighs on overall result
Fenix Outdoor International said it was still experiencing Covid pandemic-related difficulties in the second quarter with delayed re-openings of the German and Benelux markets affecting the business. The company said the impact was unexpectedly felt more in its Brands operations than the retail division as “a lot of retail customers ...
