All Outdoor Industry Compass articles in Volume 14, Issue 22 – Page 4
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News briefs
Faction Skis owner to launch ski boots
Full Stack Supply Co, the Verbier, Switzerland-based parent company of Faction Skis and FW Apparel, has announced a new technical ski boot brand to be launched in fall/winter 2022. The company announced that a new generation of freeski boots will be the brand’s first product. Boots for freeriding and free ...
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News briefs
Dorel announces ruling by Luxembourg administrative court
Martin Schwartz, president and CEO of Dorel Industries Inc. of Montréal, Canada, expressed disappointment with the Luxembourg Administrative Court’s upholding on appeal of a previously announced ruling that one of wholly-owned subsidiaries of Dorel owes €54.6 million in taxes, including interest. As a result of the ruling, Dorel must pay ...
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News briefs
BikeExchange creates chief customer officer position
BikeExchange Limited, an operator of a global online cycling marketplace, has appointed Rebecca Boxall as chief customer officer, a newly created position that completes the recruitment of its leadership team following the company’s IPO in February. Boxall, who is currently VP of e-commerce, marketing and customer experience at Canadian company ...
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News briefs
Katadyn North America appoints new president
Chris Voxland, VP of operations for the outdoor company since 2001, has been promoted to president of Katadyn North America, headquartered in Rocklin, California, to lead the company’s growth in new channels, demographics and markets. Voxland is expected to drive the brand’s goal of building product lines and managing sustainable ...
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Short stops
Short Stops Week 44, 2021
EXECUTIVE CHANGES +++ Unifi has appointed Clorox VP and GM of strategy, acquisitions and new business development, Rhonda Ramlo, to its board of directors +++ Weyco Group announced that John F. Wittkowske, the company’s SVP, CFO and secretary, will retire effective May 6, 2022, and that he will be succeeded ...
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Article
Q3 sales at Newell Brands' outdoor unit up 2.1%
Third-quarter net sales at Newell Brands’ Outdoor & Recreation division, including the Campingaz, Marmot and Coleman brands, amongst others, rose 2.1 percent to $391 million, driven by strength in outdoor equipment and on-the-go beverage categories as Covid lockdown curbs eased. Reported operating income at the division fell to $27 ...
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News briefs
BICO and Eurobike announce long-term partnership
One of the largest purchasing associations in the German bicycle industry, the dealer association Bike & Co (BICO), a service provider for more than 850 independent specialist dealers and more than 130 brand suppliers, is committing itself to the new Eurobike trade show from July 13 to 17, 2022, in ...
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Article
SBTi launches new Net-Zero corporate standard
The Science Based Targets initiative (SBTi) has launched a new standard for companies to certify their net-zero targets. SBTi sees a lack in robust certification, while companies are currently self-defining net-zero targets without a credible and independent assessment of their ambition and integrity. The new SBTi Net-Zero ...
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Article
Deckers’ Q2 sales up 16% thanks to Hoka, while margins pressured by supply chain
Deckers Brands saw revenues increase by 15.8 percent to $721.9 million in its second quarter ended Sept. 30, led by the continued strong performance of its Hoka brand, but delays in deliveries capped top-line growth at Ugg. On a constant-currency basis, revenues increased by 14.8 percent, but net earnings inched ...
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Article
Emerald opens debate on the future of (OR) trade shows
Emerald X, LLC, organizer of Outdoor Retailer (OR) trade shows, including the OR Snow Show, formerly the Winter Market, which has incorporated the SnowSports show that Snowsports Industries America (SIA) sold to Emerald five years ago, hosted a webinar on Oct. 25 on the future of trade shows, bringing retailers ...
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News briefs
Higg reports 70 percent growth in platform use and better assessment scores for users
In its 2021 impact report, technology platform Higg takes a look at its progress towards expanding into new industries and helping companies develop a holistic view of their environmental and social impact to decide smarter. Within the last two years, Higg started with tools to measure manufacturing ...
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News briefs
CODI’s sports brands with strong Q3, Boa leading the pack
All four of Compass Diversified’s (CODI) outdoor and sports brands – 5.11, Boa Technology, Marucci Sports and Velocity Outdoor – posted positive sales results and improved Ebitda in the third quarter, with Boa, maker of the dial-based Boa Fit System system for footwear and other applications, showing the highest sales ...
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News briefs
Patagonia continues to boycott Facebook advertising
You may recall that in June 2020, Patagonia joined other companies and retailers in shutting down all paid advertising on Facebook due to alleged hate speech and misinformation about civil rights issues, democracy and climate action. Patagonia’s boycott continues 16 months later, and while the company acknowledges that the decision ...
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