All Outdoor Industry Compass articles in Volume 14, Issue 23 – Page 3

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    Article

    EU suggests new rules to combat deforestation and promote circular economy

    2021-11-18T07:23:00Z

    The European Commission has adopted three new initiatives proposing rules to curb deforestation, facilitate intra-EU waste shipments, promote circular economy, and tackle the export of waste to third countries. From 1990 to 2020, the world has lost 420 million hectares of forest, an area larger than the European Union, according ...

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    News briefs

    Goldwin’s quarterly results improve

    2021-11-17T17:23:00Z

    Goldwin has reported a 53 percent increase in net income to 1,397 million yen (€10.8m-$12.7m) for its second quarter ended Sept. 30 as its revenues for the period went up by 9 percent to 21.13 billion (€163.7m-$192.0m). In addition to its own brand, the Japanese group owns the distribution of ...

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    News briefs

    Jack Wolfskin opts for forest protection instead of Black Friday discounts

    2021-11-17T16:14:00Z

    Instead of offering big discounts, Jack Wolfskin will donate €100,000 from the proceeds of its Nature Counts campaign, which runs from Nov. 26-29 in Germany, Austria, Switzerland, Belgium, Luxembourg, Italy and the U.K., to a forest conservation project run by Wohllebens Waldakademie (Wohlleben’s Forest Academy). The campaign aims to ensure ...

  • Vista Outdooor Foundation
    News briefs

    Vista Outdoor Foundation selects ten organizations including POW for its first grant cycle

    2021-11-17T16:13:00Z

    The Vista Outdoor Foundation, the philanthropic partner of Vista Outdoor, has announced ten non-profit organizations selected to receive a total of over $600,000 in grants as part of the foundation’s inaugural grant cycle. The ten organizations selected from more than 100 requests for funding represent a cross-section of outdoor and ...

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    Oeko-Tex partners with brand protection company to track plagiarism

    2021-11-17T16:13:00Z

    In a move to protect its trademark from infringements, Swiss company Oeko-Tex has entered a partnership with Berlin-based software firm Sentryc that offers an AI-based cloud solution that scans more than 120 international online marketplaces for product piracy and brand abuse. According to Oeko-Tex, thousands of potential misuse cases have ...

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    Article

    Former Timberland CEO and his son unveil new “biocircular” sustainable hiking boots

    2021-11-17T12:45:00Z

    Erem, a Nevada-based company founded in 2021 that calls itself “the first outdoor brand focused on desert performance,“ has unveiled a new hiking boot that is ”high on performance and low on environmental impact.” Source: Erem While most hiking boots today are made by thermo-fusing plastics and ...

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    News briefs

    OIA welcomes President Biden’s infrastructure bill as important step to build climate-forward economy

    2021-11-17T12:45:00Z

    The leading U.S. trade association for the outdoor industry, the Colorado-based Outdoor Industry Association (OIA), released a statement in response to President Joe Biden’s signing of the bipartisan infrastructure bill, a key element of his domestic spending agenda, providing billions of dollars to state and local governments to upgrade outdated ...

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    News briefs

    Patagonia receives environmental sustainability award from Council of Fashion Designers of America

    2021-11-17T12:43:00Z

    The first environmental sustainability award ever given out by the Council of Fashion Designers of America (CFDA) went to Patagonia. In an award ceremony held in New York, the outdoor brand was recognized for its commitment to reducing the environmental impact of consumption, conducting awareness campaigns and reducing waste. Carolyn ...

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    News briefs

    Vertical Pro show alters hygiene concept to 2G rules according to new alert level

    2021-11-17T12:43:00Z

    With a new Covid-19 alert level in place for the German state of Baden-Wuerttemberg, Messe Friedrichshafen, organizer of the new Vertical Pro show, has announced a change in visitor rules. Entry to Vertical Pro is only now possible for visitors who conform with the ”2G” rule, i.e. who are vaccinated ...

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    Article

    Despite supply chain challenges, On continues to grow after IPO

    2021-11-17T06:47:00Z

    In its first quarterly report since its IPO, On Holding reported a sales increase of 67.6 percent to 218.0 million Swiss francs (€206.9m-$234.5m) in the third quarter ended Sept. 30, leading to a growth of 77 percent for the first nine months of 2021. The gross margin expanded by 5.6 ...

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    News briefs

    Buff supports charitable organizations and sustainability, celebrates 30th anniversary

    2021-11-16T15:34:00Z

    Buff is increasing its financial support for Protect Our Winters (POW) to more than $50,000 per year while launching a new product collection that “recognizes the important work and culture” of the non-profit organization founded in 2007 by professional snowboarder Jeremy Jones. In addition, the Spanish brand, which celebrates its ...

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    News briefs

    Austria enforces lockdown for the unvaccinated

    2021-11-16T11:38:00Z

    In Austria, retailers face the “lockdown for unvaccinated people aged 12 and older” that the government has just enforced. The new regulation states that unvaccinated individuals or those who have not yet contracted Covid-19 and recovered from it are not allowed to shop at non-food retailers (so-called “2G rule”). Furthermore, ...

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    Article

    First Dynafit brand store in Munich opens with expert panel on resort ski touring trend

    2021-11-16T10:52:00Z

    Dynafit has opened its first brand retail store on Nov. 12 in downtown Munich, Germany, with 80 square meters of space. With the new store, the ski mountaineering specialist wants to establish a new meeting place for the local ski touring and mountaineering scene. At the opening, five experts discussed ...

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    News briefs

    Decathlon Germany starts cooperation with social impact brand Share

    2021-11-16T10:52:00Z

    As the first sports retailer in Germany, Decathlon enters into a partnership with social impact company Share to support and promote “social shopping.” As of mid-November, customers can purchase Share beanies and socks in all Decathlon stores and online. For each item sold, another is given to children in need, ...

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    Article

    Scandinavian Outdoor Group celebrates 20 years of partnerships

    2021-11-16T10:52:00Z

    “It’s more fun to do business with Scandinavians” was the very first slogan of the Scandinavian Outdoor Group (SOG) that was founded by 15 companies in 2001, first and foremost to organize a joint and coordinated appearance at the international outdoor and sports trade shows in the Scandinavian Villages. Initiated ...

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    News briefs

    Jack Wolfskin and Berlin fashion brand GmbH launch cooperative collection

    2021-11-16T10:51:00Z

    In a new collaboration, Jack Wolfskin and the Berlin-based fashion and club culture brand GmbH have designed a capsule of apparel, a backpack and a tent that target the urban outdoor-affine customer. GmbH’s starting point to the collection was a break with the misconception that BIPOC and immigrants do not ...

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    Article

    ​Third annual profile outlines VF Corp’s inclusion and diversity strategy

    2021-11-16T08:08:00Z

    VF Corp. has released its third IDEA (inclusion, diversity, equity and action) Annual Profile. The report covers the company’s fiscal year 2021 and defines key strategic pillars that serve as drivers and benchmarks for VF’s IDEA goals. VF has publicly committed to two ambitious goals related ...

  • Lowland raised mire at Foulshaw Moss Nature Reserve credit Tony Shaw[9][4]
    News briefs

    Inov-8 supports restoration of peatlands

    2021-11-16T06:56:00Z

    Inov-8 will be donating 5 percent of online and in-store sales revenues generated from Nov. 15 to 29 to the Cumbria Wildlife Trust, which will use the funds to restore peatlands in and around the U.K.’s Lake District, where the running, hiking and fitness-gear brand is based. For Peat’s Sake, ...

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    Article

    ISPO Munich 2022 postponed to November; revised fixed schedule for ISPO Group shows

    2021-11-15T16:22:00Z

    ISPO Group announced that ISPO Munich 2022, originally scheduled for the end of January, will be postponed to Nov. 28-30, 2022. At the same time, the date of OutDoor by ISPO 2022 was also moved to mid-June, thus establishing a completely new schedule for all future ISPO trade shows. SGI Europe and The Outdoor Industry Compass spoke with Tobias Gröber, executive director of the consumer goods business unit at Messe München, about the background to this decision.

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    Article

    Recovering travel market provides upswing for Samsonite

    2021-11-15T15:29:00Z

    Gregory Mountain Products saw its third-quarter sales increase 4.1% to $16.6 million, compared to $15.9 million a year earlier. The High Sierra bag brand increased 88.1% to $8.4 million from $4.5 million a year ago. Parent company Samsonite said its luggage business is rebounding as more people start traveling again ...