All Outdoor Industry Compass articles in Volume 14, Issue 18 – Page 4
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News briefsRoad safety is the biggest barrier to more women biking
New research in the U.K. has shown that concern over road safety remains the biggest barrier to getting more women cycling. According to an independent nationwide survey commissioned by bike insurance provider Laka, 42 percent of women do not feel confident riding a bike on U.K. roads. More than 41 ...
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ArticleDalbello teams up with Life Reskiboot to develop circular economy system
Italian ski boot manufacturer Dalbello, since 2015 part of the Marker Völkl group of companies (MDV), has been a partner of the Life Reskiboot project, co-funded by the European Commission, since September 2020 to target the problem of plastic waste management with a new paradigm applied to ski boot construction ...
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News briefsPatrick Berresheim leaves Birkenstock, joins Jack Wolfskin as new VP Digital
Source: Jack Wolfskin Patrick Berresheim Digital specialist Patrick Berresheim has joined the Jack Wolfskin team to fill the newly created role as vice president digital at the German brand. The German outdoor brand sees significant growth potential globally, especially since it was acquired by Callaway Golf in ...
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News briefsPremiere of the EcoHimal Charity Run powered by Salomon and Sympatex
The non-profit organization EcoHimal e.V. is organizing its first charity run on Strava in September. The campaign is supported by Salomon and Sympatex. In addition to the virtual Strava Challenge, the event format also includes two Salomon test events on Sept. 9 and 23, 2021, in front of the Salomon ...
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Article50 NGOs urge governments and companies to protect workers in Sri Lanka and Bangladesh
In a joint statement to the government and employers’ organizations of Sri Lanka and Bangladesh and apparel brands sourcing from those countries, over 50 organizations from around the world are urging to take immediate action to keep workers safe during the current new Covid-19 wave. In August, Bangladesh saw a ...
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News briefs
Underwear brand Saxx gets financial injection
Saxx Underwear, a Canadian men’s functional underwear brand founded in 2006, received a strategic investment from TZP Group, a multi-strategy private equity firm, through TZP Capital Partners III. NLS Group Holdings Inc., led by Krystal Growth Partners which invested in Saxx in April 2010, will retain a significant minority interest ...
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News briefsEquipment sales in the U.S. up 23% in first semester
The NPD Group reports that areas of the U.S. outdoor and sports industry experienced unprecedented highs over the past year and a half, as consumers sought refuge outdoors during the pandemic. This behavior is not a flash in the pan; in fact, equipment sales at sports specialty retail grew by ...
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News briefs
Geoff Anderson broadens product range with tools
Geoff Anderson, a Danish company best known for its fishing apparel, has introduced a new range of tools that will complement its clothing collections. The new range, called WizTool, includes clamps, nippers, scissors, magnets, jagged jaws and a sharpener. All the tools in the new range are said to be ...
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ArticleEOG calls on companies to address global supply chain challenge with unity and tolerance
The European Outdoor Group (EOG) has appealed for unity and tolerance in the face of the ongoing global impact of the Covid-19 pandemic on supply chains. Following discussions at EOG board level, Mark Held, EOG president, issued a public statement on behalf of the association: Source: EOG Mark ...
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News briefs
American outdoor industry body launches workforce assessment
The Washington, D.C.-based Outdoor Industry Association (OIA), the nonprofit trade body of the outdoor industry in the U.S., and several partner organizations have launched the Outdoor Industry Workforce Assessment. The voluntary survey, open to the leadership and management teams of companies and organizations in the outdoor recreation industry, will gather ...
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ArticleAllbirds files for IPO but remains loss-making, plans to open up new apparel categories
Allbirds, the B Corporation-certified San-Francisco-based footwear and apparel brand, has filed with the U.S. Securities and Exchange Commission for an initial public offering. The document lists the size of the transaction at $100 million, which is an estimate used only to set the registration fee of $10,910. Allbirds was last ...
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ArticleOeko-Tex reports successful 2020/21 year, with strong growth for Made in Green label
In its annual report for 2020/21, Oeko-Tex looks back to a turbulent era by changes and challenges due to the pandemic and the increasing pressure to move all partners in the supply chains to more sustainability and less CO2 emissions. During the last year, Oeko-Tex went live on Instagram for ...
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News briefs
Climate Action Summit by ClimatePartner hosted digitally and physically
During this year’s Climate Action Summit, scheduled on Nov. 24-25, Munich-based ClimatePartner plans to bring roughly 1,500 of its clients as well as company representatives and climate experts together to discuss upcoming challenges, opportunities for action and successes in the attempt to reach the Paris Climate agreement’s goals. The summit ...
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News briefsManufacturing company PTT receives ISO 9001 certificate, passes Puma audit
Textile manufacturer ProTecTekstil (PTT) in Muskosredicze, Croatia, has completed two comprehensive certification processes and now holds the ISO 9001:2015 certificate. Besides that, the plant – owned by Munich-based functional clothing specialist Hyphen Sports GmbH – passed an audit by German brand Puma for possible production at the site. PTT offers ...
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News briefs
Pierer announces further increase in revenue forecast for 2021
Driven by the high global demand for powered two-wheelers (e-bikes and also motorcycles), the executive board of Pierer Mobility AG decided on Aug. 26 to raise its sales forecast for the fiscal year, originally published in April 2021. Despite ongoing Covid-19-related supply chain challenges, the outlook remains positive. As a ...
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News briefs
World Cycling Forum on Sept. 6-7 offers live stream access
For those who can’t physically attend the World Cycling Forum, WFSGI has now announced the option of streaming the conference digitally. The event, held Sept. 6-7, just ahead of the new IAA Mobility Show in Munich, will revolve around the main theme of “Capitalizing on the Current Bike Boom.” Streaming ...
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News briefsMaier Sports offers environmentally friendly impregnation and cleaning service
Outdoor apparel specialist Maier Sports is offering a professional and convenient impregnation and cleaning service for its clothing in cooperation with MeyerundKuhl, a specialist in sustainable and environmentally friendly cleaning and reimpregnation of functional textiles with a focus on outdoor and sports clothing. Founded in 2014, the company from Hardegsen ...
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News briefsSwedish WeSports group in a buying mood, acquires six brands
The Swedish WeSports Group AB has taken over a number of brands and companies in the recent weeks and months. After the acquisitions of Rawbike and the Nordic Outdoor & Sports Group, which were completed in April this year, the Stockholm-based enterprise has taken over six more companies during the ...
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News briefsFrilufts Retail Europe acquires U.K. retailer Trekitt
Frilufts Retail Europe AB, a subsidiary of Fenix Outdoor International AG, is expanding its European retail network and has acquired all outstanding shares of the British outdoor retailer Trekitt. To date, Frilufts already includes four retail chains operating in the outdoor sector, which generated total sales of €264 million last ...
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News briefsEurobike starts with confidence into last show in Friedrichshafen, despite reduced number of exhibitors
Eurobike will launch its first edition after the pandemic outbreak this Wednesday, Sept. 1, with a total of 630 exhibitors from 42 countries occupying an area of 80,000 square meters. This is a decrease of more than 50 percent compared to the nearly 1,400 of the last edition, which took ...
