All Outdoor Industry Compass articles in Volume 14, Issue 21 – Page 2
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News briefsDecathlon to open first Swiss “Mountain Store” and plans fifteen more
Decathlon will open its first “Decathlon Mountain” store in Switzerland on Dec. 1 in the town center of Zermatt. The 350-square-meter store will offer the entire Decathlon product range. Other locations in the country are planned, the company said in a press release: About 15 stores in family holiday destinations ...
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News briefsVista makes Investor’s Business Daily’s top 100 ESG list
Vista Outdoor is ranked 39th on Investor’s Business Daily’s 2021 Best ESG Companies list, which recognizes the top 100 companies with outstanding Environmental, Social and Governance (ESG) ratings in addition to strong fundamentals and technical stock performance. This is the first year Vista Outdoor has made the list. From the ...
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News briefsOberalp opens “Mountain Showroom” in Annecy, targets Southern European growth
The Oberalp Group has officially opened a new showroom in Annecy, France, together with around 100 invited guests (customers, journalists, French athletes and employees). On an area of 200 square meters, Oberalp will use the new “Mountain Showroom” to present the new collections of its Dynafit, Salewa, Pomoca, Evolv and ...
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ArticleUnifi with strong Q1
Unifi, Inc., a U.S.-based producer of recycled and synthetic yarns, released operating results for the first fiscal quarter that ended Sept. 26. Net sales were $196.0 million, an increase of 38.5 percent from the first quarter of fiscal 2021 and an increase of 6.3 percent from the last Q4 (2021). ...
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News briefs„She is Outdoors“ gear awards application for winter product closing soon
Innovative outdoor products are being sought for the second edition of the #sheisoutdoors gear awards – the first winter version of the awards given to designated women’s gear. The jury will judge the products in seven categories: outdoor professionals and expedition, camping, hardware, footwear, apparel, snow sports and girls, with ...
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ArticleHoka becomes Premier Footwear and Apparel Partner of new UTMB World Series
The UTMB World Series and Hoka, a division of Deckers Brands, have announced a multi-year partnership. Hoka is the first global Premier Partner of a new world circuit in trail running, which debuts in 2022: In May 2021, UTMB Group and The Ironman Group had partnered to create the UTMB ...
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News briefs
Columbia Sportswear appoints VP Investor Relations
Portland, Oregon-based Columbia Sportswear Company, which owns the Columbia, Mountain Hardwear, Sorel and prAna brands, has promoted Andrew Burns to vice president of strategic planning and investor relations. Burns has been with Columbia for more than three years leading the investor relations program. Prior to that, he spent more than ...
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News briefsClarus to generate new capital by offering 2.75 million shares of common stock
Clarus Corporation, a Salt Lake City, Utah-based company with brands including Black Diamond, Pieps and Rhino-Rack, announced that it intends to offer 2,750,000 shares of common stock and use the net proceeds from the offering for general corporate purposes, including repayment of debt, capital expenditures and potential acquisitions. The company ...
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News briefsNew Arc’teryx video Nic‘ole introduces circularity designer Nicole McLaughlin
As part of the ongoing cooperation with New York-based designer Nicole McLaughlin, Canadian brand Arc’teryx went online with a new video that gives a deeper insight into her upcycling projects and consumer workshops. The film named “Nic’ole” is roughly five minutes long and lets the climber and artist talk about ...
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ArticleReview: Performance Days / Functional Fabric Fair Fabric Forum Jury
…or in other words: what will be seen in a year’s time! Quite a mouthful, but having seen over 1,000 samples of curated fabric swatches over the second half of a week – the Outdoor & Sports industry should be proud that lockdown did not stop the development of fabric. ...
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News briefsJungfrau Sports Holding renamed Outdoor Switzerland AG and rebranded Outdoor+
The Swiss tourism services provider Jungfrau Sports Holding AG has completely repositioned itself for the coming winter season: The mother company has been renamed Outdoor Switzerland AG and offers all services and activities under a comprehensive website with a new logo. The group was able to purchase the domain www.outdoor.ch ...
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Short stops
Short Stops Week 43, 2021
PRODUCT & MARKETING +++ U.S.-based Alterra Mountain Company, owner and operator of 15 year-round destinations, including the world’s largest heli-ski operation, and Dakine continue to expand their partnership with the launch of an exclusive, limited-edition Ikon Pass collection that includes the men’s and women’s Excursion Gloves and the Heli Pro ...
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News briefsOvareVentures expands portfolio of outdoor brands
OvareVentures, a “committed growth initiative” of privately held Los Angeles-based holding company OvareGroup, has acquired Toronto-based Gull Lake Boat Works, a canoe and kayak manufacturer and restorer founded in 2008 by owner-operator Marc Russell. In August, OvareGroup named retail veteran Kara Anastasiadis president of the newly formed OvareGroup Outdoor Division. ...
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ArticleBike-Components joins forces with brick-and-mortar retailers
The German e-commerce bicycle platform Bike-Components (managed by BC GmbH & Co. KG) is launching a new business segment next year: BC Remote is an ordering platform for brick-and-mortar bicycle dealers only. The background to this is that bicycle shops, in times of supply bottlenecks, sometimes search for missing parts ...
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ArticleVF maintains FY outlook despite supply chain issues limiting Q2 sales growth
VF Corp improved its guidance for the full year (to $12.0 billion from $11.8 billion) despite a more challenging than expected operating environment in the second quarter. Overall revenues for the group that owns brands including Vans, The North Face (TNF), Timberland, Icebreaker and Smartwool increased by a reported ...
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ArticleDometic Q3 sales growth gets a boost from M&A as supply chain problems persist
Dometic saw sales in the third quarter rise by 24 percent to SEK 5,545 million (€555.2m-$646.5m) despite continuing to suffer from “significant” supply chain disruptions. Growth in the top line of the Stockholm-based specialist in products for mobile living was largely due to acquisitions, with M&A seen increasing revenues by ...
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ArticleThule sees gains in RV products and carrier systems
The outdoor trend, which kicked in after the Covid-19-related lockdowns, has once again brought good sales growth for the Swedish Thule Group. The trend toward outdoor and leisure activities closer to home continued to positively impact all of the group’s product categories in the third quarter. According to Thule’s preliminary ...
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News briefsLiz Wilson promoted SVP global product creation at OR
Liz Wilson Seattle-based brand Outdoor Research (OR) has promoted Liz Wilson to senior vice president of global product creation. Wilson, who has worked for OR for four years, is tasked with leading the product creation team and product development process from concept to consumer, from product and ...
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News briefsEquip brands again receive South Pole climate neutral label
Climate solutions provider South Pole has awarded Equip Outdoor Technologies brands Rab and Lowe Alpine with its climate-neutral label for the second year running in 2021. South Pole’s team has been consulting with the U.K. company on its climate journey since 2020, when Equip started offsetting its ...
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News briefsNilit joins The Ocean Foundation’s Blue Resilience initiative
Nilit, a global supplier of 6.6 nylons and owner of the Sensil brand, has announced its new engagement in the Blue Resilience Initiative, a project led by the Ocean Foundation that works to safeguard and reestablish ocean meadows and other marine habitats under threat. According to a company release, Nilit’s ...
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