All Outdoor Industry Compass articles in Volume 14, Issue 24
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Outdoor Industry Compass: Vol 14 - No 24
Helen of Troy to bolster presence in outdoor segment with acquisition of Osprey | Italian fashion label Herno acquires outdoor brand Montura | Schwan-Stabilo’s outdoor division grows 16% in 20/21 despite lockdowns | Johnson Outdoors Q4 sales rise slightly over “unprecedented” 2020 | Excellent financial year enables Accell to repay government Covid credit facility | Calzados Bestard enjoying a record year | Reduced VAT on bicycles and e-bikes soon possible in the EU | Despite serious bottlenecks, Taiwan’s bicycle and e-bike production grows at double-digit rate | FESI and others object to parts of the changes in EU antitrust commercial regulations | Fashion for Good launches new polyester recycling research project | Lavalan introduces new insulation made from 100% European wool | Experts discuss different textile recycling options at meeting hosted by The Lycra Company | Glove specialist Hestra publishes first sustainability report | Better Cotton Initiative publishes detailed impact report 2020 | Patagonia calls for moratorium on seabed mining | OR Snow Show releases redesigned hall plan and new Resource Center information hub | + EOG Partner Page
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News briefs
Physical Munich Fabric Start and Bluezone on track to take place in January
The team at Munich Fabric Start Exhibitions GmbH says it has dedicated the last few weeks to finalize the upcoming Munich Fabric Start, Jan. 25-27, and Bluezone, Jan. 25-26, 2022. The new policies for safe events have been implemented, and the organizers are ready to welcome the industry to the ...
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News briefs
Polygiene redefines financial targets
The board of directors and the management of the Swedish ingredient brand Polygiene AB have set new financial targets for the 5-year period from 2022 to 2026. According to these, Polygiene should achieve net sales of more than SEK 1 billion (€98.6 million) and an EBIT margin of more than ...
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News briefs
Diekmann resigns CEO post, joins Rose Bikes advisory board
In November, in addition to his role as managing partner of DTC bicycle manufacturer and retailer Rose Bikes, it was announced that Marcus Diekmann would also assume the position of second managing director at International Brands Company KG (IBC) starting in 2022. Now Rose Bikes announced that Diekmann will join ...
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Article
Tourism-related sporting goods retailers in Austria see winter season at risk
In the 2020/2021 winter season, tourism-related sporting goods retailers in Austria recorded sales losses of up to 95 percent. A study by SpEA (SportsEconAustria) commissioned by the Federal Committee for Trade in Fashion and Leisure Articles in the Austrian Federal Economic Chamber (WKÖ) now shows that what was already feared ...
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News briefs
ISPO Beijing 2021 postponed
ISPO Group has announced that ISPO Beijing, which was scheduled to take place Dec. 28-30, 2021, at the China National Convention Center in Beijing, China, has had to be postponed at short notice in light of the still complex and serious pandemic situation at a national level and to implement ...
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News briefs
Signa Sports United goes public
Signa Sports United (SSU) completed its previously announced merger with Yucaipa Acquisition Corporation on Dec. 14, following approval by Yucaipa shareholders at a special meeting on Dec. 13. The combined company will operate under the name Signa Sports United and its common stock will begin trading on the New York ...
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News briefs
ISPO presents online “trend festival” in January and February
ISPO has announced the ISPO.com Trend Festival 2022, scheduled from Jan. 17 until Feb. 18, 2022, celebrating the most innovative products, newcomers and important trends in the sporting goods and outdoor industry. After the strategic move of ISPO Munich from late January to its permanent new date in November, the ...
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News briefs
French Outdoor Awards 2022 enter last judging round
The French Outdoor Awards 2022, organized by the Outdoor Sports Valley (OSV) trade association, have entered their final stage: After the judgment of 18 products in June and September, twelve more aspirants are now undergoing the scrutiny of the testers. The candidates are: The smart glasses AR-1 by Altitude Eyewear, ...
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News briefs
Blue Tomato expands to Norway
Source: blue-tomato.com The new Blue Tomato store at Grensen 13 in downtown Oslo. Blue Tomato has opened its first store in Norway. The Austrian company, which is part of the U.S. action sports retailer Zumiez, moved into a 425-square-meter store at Grensen 13 in the heart of ...
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Article
Glove specialist Hestra publishes first sustainability report
Source: Hestra Swedish glove specialist Hestra has written its first sustainability report. In 36 pages published on its website in a few days, the company provides an overview of its performance and plans for the fiscal year ending April 2021. In 2020/21, Hestra undertook a project to ...
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News briefs
Made to be remade: How Adidas wants to trigger systemic change
Eight months after launching the concept, Adidas has announced the launch of Futurecraft.Footprint, a collaboration with Allbirds on climate-friendly performance footwear. At 2.94 kg CO2e per pair, Adidas describes the Futurecraft.Footprint as a personal best for both brands. The Futurecraft.Footprint is also one of the lightest performance shoes Adidas and ...
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News briefs
Arc’teryx commits to 80% Fair Trade-certified products by 2025
In light of the impact of the Covid-19 pandemic on the lives of factory workers who make Arc’teryx products, the Canadian brand has decided to work to improve the well-being and protection of some 7,000 people in 10 countries where the company manufactures. “They should be able to depend on ...
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News briefs
Noah, Goat and Merrell present mountaineering-inspired streetwear capsule
The trendy romance between fashion and the outdoors merrily continues. NYC-based streetwear label Noah, founded by former Supreme creative director Brendon Babenzien and Estelle Bailey-Babenzien, has teamed up with online fashion marketplace Goat for a collection inspired by 1970s mountaineering. The “Mountain Goat” capsule uses natural fibers and advanced insulation ...
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News briefs
Pets are Clif Bar's new target group
Clif Bar & Company announced Dec. 13 the launch of the Trailblazers Incubator, an internal new venture group based at Clif Bar headquarters in Emeryville, California, designed ”to deliver disruptive innovation and create sustainable business opportunities” and new growth strategies. This includes expanding into new categories. Led by chief innovation ...
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News briefs
Protective with new showroom in Munich
German brand Protective, managed by Regensburg-based R&D Protective GmbH, has moved into a showroom at Munich’s MOC event and order center. Just in time for the pre-order start of the 2022/23 fall/winter collection, Protective is presenting its bikewear and the new Nordic line, which is celebrating its pre-order premiere, on ...
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News briefs
Pyua pushes for circularity with new apparel rental concept
German sustainable apparel brand Pyua has launched a new apparel rental service to motivate consumers to expand the “sharing is caring” philosophy and lifestyle to their apparel use. Since Dec. 12, the Munich-based brand has been offering rental garments for snow sports and outdoor activities (insulation and hard shells) on ...
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Article
Excellent financial year enables Accell to repay government Covid credit facility
Based on its sales and profit growth in 2021, Netherlands-based Accell Group N.V. will fully repay its “Go-C” facility issued during the Covid-19 pandemic before the end of the year. In this context, the Dutch company has also converted its existing revolving credit facility (“RCF”) from seasonal to full-year availability. ...
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News briefs
RVRC launches new product category
Swedish DTC hotspur RevolutionRace (RVRC) introduced a new product category: hiking shoes. The company describes the Phantom Trail Mid, its first-ever footwear model, as being a waterproof hiking boot for men and women with the flexibility of a trail running shoe, designed for various activities all year round. The shoe ...
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Short stops
Short Stops Week 50, 2021
CORPORATE AND M&A +++ Alpine-X, a developer of indoor snowsports facilities across North America, is partnering with M BAR W Enterprises, a consulting and services group co-founded by ex-ski racer Bode Miller who serves the company as chief innovation officer, to “promote snowsports for all and democratize snowsports with a ...