All Outdoor Industry Compass articles in Volume 14, Issue 19 – Page 2
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ArticleHigg starts traceability program for supply chain sustainability
Technology platform Higg has launched a new traceability program developed in collaboration with software, cloud and data processing specialists atma.io, FibreTrace and TrusTrace. The new technical solution aims to offer comprehensive transparency across the global supply chain – enabling brands to highlight and disclose sustainability information on their own and ...
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News briefsThe Microfibre Consortium launches 2030 roadmap
Following its microfiber data portal launch and the aligned test methods worked out together with partnering universities and scientific institutions, The Microfibre Consortium has now revealed its Microfibre 2030 commitment and roadmap. The commitment worked out by the consortium (partnering with the EOG and the University of Leeds) is outlining ...
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Short stops
Short Stops Week 39, 2021
PRODUCT & MARKETING +++ The German fashion shoe manufacturer Lloyd Shoes now also offers a “Cycling Shoe” under the brand LL/CYC, designed specifically for users of urban e-bikes, available as a women’s and men’s model +++ Californian eyewear brand Dragon, owned by Marchon Eyewear, has developed its first full eyewear ...
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News briefsVittoria Group doubles LTT production capacity with $20 million investment
With an investment of $20 million, Italian bicycle tire manufacturer Vittoria S.p.A. plans to double the production capacity of its manufacturer Lion Tyres (Thailand) Co. (LTT). The new factory will not only increase capacity, but also create “the world’s first carbon-neutral production facility for bicycle tires,” according to the company. ...
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ArticleOutdoor specialists climbing up the ranking of ISPO Consumer Insights Report
In its quarterly Consumer Insights Report, conducted among members of the ISPO Collaborators Club since Q2/2021, Messe München finds that outdoor companies are rapidly expanding their relevance within the sports brand landscape. The highly engaged consumers from Germany, Austria, Italy, and Switzerland voted on both their general favorite brands and ...
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News briefsNew Vaude franchise store in Waldshut am Rhein
German retail company May oHG has added a new Vaude franchise store to its existing retail spaces in Waldshut, Laufenburg and Bad Säckingen, which have a total of 9,500 square meters. May is a medium-sized German company with 200 employees and a regional specialty retailer for fashion and sporting goods. ...
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News briefs
Welsh women’s outdoor brand ACAI expands internationally
Welsh women’s outdoor brand ACAI is on track to double its sales to £6 million (€7.0m-$8.2m) and export to international markets with the help of a £500,000 (€585,000-$686,000) loan from the Development Bank of Wales, reports wales247.co.uk. The brand was founded in 2017 by Joe and Kasia Bromley and offers ...
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ArticleFor one-time bonus payment: Bike24 starts share buyback
German e-commerce cycling, running and swimming sports retailer Bike24 Holding AG has been trading on the stock exchange floor since the end of June 2021. The company’s shares, which once launched with a purchase price of just €15 and then often moved up, but also sometimes down, were well up ...
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News briefsSchöffel sets up new business units and top management structure
German sports apparel company Schöffel is dividing its business into two segments – Schöffel Sport for its operations in the outdoor, ski and bike sectors; and Schöffel Professional for the development of clothing for corporate and institutional clients. Alongside the new company structure, the top management is expanded with Stefan ...
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News briefsDTC e-bike brand Cowboy heads to the U.S.
DTC e-bike brand Cowboy announced on Sept. 23 at the Micromobility America Conference in San Francisco that it is expanding its business to the U.S. At the same time, the Belgian brand is expanding in Europe: the addition of Sweden and Denmark brings the number of served country markets to ...
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News briefsWFSGI members elect two cycling executives to board of directors
In a postal vote among its members, the World Federation of the Sporting Goods Industry (WFSGI) has elected three new board members. The results of the written ballot were officially announced at the virtual WFSGI board meeting on Sept. 21. Elected as industry representatives were: Ton Anbeek (CEO of Accell ...
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News briefsBergans releases second edition of futurelabs.anorak from Collection of Tomorrow
Bergans has released a new edition of the Bergans.futurelabs.anorak, which sold out almost immediately after its first launch in February. The new 05.D anorak features a new fabric by Spinnova, Bergans and Halley Stevenson and the bright new color “Wake up Orange.” For all who buy the new anorak, ...
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News briefsPatagonia supports global climate strike on Sept. 24
This Friday, Sept. 24, youth activists and engaged citizens worldwide will strike to demand climate justice. Patagonia supports the protest to put pressure on world leaders and ensure attention is paid to the people who are already experiencing the worst effects of the climate crisis firsthand. Source: Patagonia ...
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News briefsNew Secretary General for SOG
After seven years of driving the development of the Scandinavian Outdoor Group (SOG), Sara Wänseth will give up her position as secretary general and hand over to David Nordblad. Nordblad has extensive knowledge of the outdoor industry. He has gained his experience primarily in sales at various levels, both on ...
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ArticleKathmandu’s sales rise 15% on surfing, hiking boom, but outlook uncertain
Kathmandu Holdings said in a preliminary annual report that its sales increased by 15.1 percent to 922.8 million New Zealand dollars (€551.4m-$646.6m) in the full year ended July 31, 2021, as its Rip Curl and Oboz brands benefitted from a boom in surfing and higher participation in hiking, respectively. Instead, ...
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News briefs
IIC hires a Salomon executive as GM for mountain sports
Intersport International Corp. (IIC) has officially announced the appointment of Denis Levet, who has worked for Salomon since 2004, as the retail organization’s new general manager of mountain sports. The 44-year-old French native, who started his career at Decathlon 18 years ago, will replace Matthias Klopfenstein in the role next ...
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News briefsStrong growth for Haglöfs
Swedish outdoor brand Haglöfs reported a 26 percent sales increase during the first half of 2021 compared to the same period last year. The strong performance is related to well-received product lines and overall higher demand for high-quality outdoor equipment, according to CEO Fredrik Ohlsson. “We had a very strong ...
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News briefsCanyon Bicycles CEO to leave the company
Source: Canyon Taking over as CEO on an interim basis on October 1: CFO Winfried Rapp Canyon Bicycles CEO Armin Landgraf has decided to leave the D2C bicycle supplier for personal reasons at the end of September. He agrees to continue to assist the company as an ...
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News briefsMondraker with new headquarter in Spain
Spanish premium bicycle supplier Mondraker has moved into its new headquarters in Elche, 30 kilometers southwest of Alicante. The new building combines everything under one roof - all departments, offices and also production are located close to each other. According to the company, this creates synergies and increases efficiency. However, ...
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News briefsUSWE finalizes acquisition of VOID Cycling
USWE, the Swedish specialist for backpacks for two-wheeling, running and winter sports enthusiasts, has completed the acquisition of VOID Cycling that was previously announced in July. The company will be fully integrated into USWE Sports AB. Since signing the purchase agreement in July, USWE and the former owner, Tenson BV, ...
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