All Outdoor Industry Compass articles in Volume 14, Issue 3-4
View all stories from this issue.
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PDF NewsletterOutdoor Industry Compass: Vol 14 - No 3+4
Wolverine sees weak results, remains hopeful for 2021 | Europe helps drive VF Corp’s momentum | Jack Wolfskin’s parent records higher losses on higher sales | Rip Curl continues to support Kathmandu’s performance | Columbia bounces back in Q4 | Fenix ends 2020 in the red | Boa helps drive strong Q4 at CODI | Robust sales and earnings for Thule | Polygiene records best quarterly sales ever | Haglöfs reports stable sales in 2020 | Vista Outdoor’s momentum continues | Garmin’s outdoor and fitness sales surge | Shimano reports a good year | Record sales for Deckers Brands | E-commerce lifts Canada Goose’s sales | GoPro Q4 revenue misses estimates, subscriber numbers soar | SRAM buys Time Sport’s pedal business from Rossignol Group | New CEO for Arc’teryx, plans to accelerate DTC | ISPO and EOG announce phygital Outdoor by ISPO Global Summit Edition in July | Moncler’s annual sales down 12% despite good 4th quarter | Apex Global Brands to be sold to Galaxy Universal | VF expands the role of equity in its labor policy | Record result for Craft’s parent company | Delivery problems take their toll on Rose Bikes | Yeti’s sales and profits rocket | Newell’s sales up by 2.5 % | Messe München sees first ISPO Munich Online as a success | Mips: Bicycle boom boosts bike helmet sales | Ampler Bikes continues to expand after doubling sales in 2020 | VF plans to eliminate single-use plastic packaging by 2025 | Johnson Outdoors sees good results in Q1 | 2020 another record year for Pierer Mobility | Rapala bounces back in the second half of 2020 | Safilo’s Q4 sales growth driven by North America and Asia-Pacific | Unifi ends 2020 on a higher note | Tecnica launches ski boot recycling project | Bike Exchange: IPO on Australian Stock Exchange | Bike helmet brand Catlike acquired by Polisport | Swedish DTC brand RevolutionRace with new chairman | Vertical Pro trade show secures second important partner | The ISPO Award 2021 winners | Winners of the French Outdoor Awards Winter 2021
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ArticleWolverine sees weak results, but remains hopeful for 2021
The year 2020 was a difficult one for Wolverine Worldwide . Looking on the bright side, the management said it delivered better-than-expected results for the fourth quarter and is poised to drive an accelerated recovery over the next 12 to 16 months. The group posted a double-digit sales decline in ...
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News briefsMöve Bikes files for insolvency, search for investors in full swing
German bike manufacturer Möve Bikes filed for insolvency on Feb. 5. Attorney Marcello Di Stefano of the Erfurt-based law firm Diligens Rechtsanwälte Insolvenzverwalter was appointed as provisional insolvency administrator. Business operations are currently continuing, and employees’ salaries have been secured through the advance financing of ...
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News briefs
Merger of two Danish bicycle retailers
Design Cykler , a Danish bicycle retailer based in Skive, Jutland, with eight physical stores in major cities, and Cykelpartner.dk are merging to form DCCP Group A/S . Kenneth Mortensen , the newly appointed director of DCCP, said in a press release, “It takes two to tango, and ...
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ArticleBoa helps drive strong Q4 at CODI
U.S. investment and holding company Compass Diversified (CODI) reported better-than-expected fourth-quarter net income, boosted by its acquisitions of Marucci and Boa Technology. The company said net income for the three months to Dec. 31 rose to $8.8 million from $5.4m a year earlier. Sales in the period increased to $475m, ...
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News briefs
Australian cotton conference postponed until 2022
Cotton Australia and the Australian Cotton Shippers Association have postponed the Australian Cotton Conference on the Gold Coast for another year, until August 2022. The organizations that jointly host the event made the final decision due to the ongoing uncertainty regarding the coronavirus-related restrictions currently and possibly ...
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News briefs
Angling Direct posts 27% sales increase despite store closure in the U.K., boosted by e-commerce
Angling Direct , the U.K.-based fishing tackle retailer, saw revenues jump by 27 percent to £67.6 million (€77.7m-$94.5m) in the financial year to the end of January, despite the company’s stores in the U.K. were forced to close due to pandemic-related restrictions for 82 days last year, from March 24 ...
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News briefsItalian alpine regions demand a dedicated ministry
Italy’s Unione Nazionale Comuni Comunità Enti Montani ( Uncem), the national organization of mountain municipalities, calls for the creation of a new post of minister or undersecretary for mountain areas, “Ministero alla Montagna e alle Aree Interne,” it suggested. The new government department would be in charge of developing ...
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News briefs
VF Corp. named one the 2021 world’s most ethical companies
VF Corp. has been recognized by Ethisphere as one of the “ 2021 World’s Most Ethical Companies ”. VF has received the recognition for the fifth consecutive year and is the only honoree in the apparel industry to be named this year. In 2021, 135 companies have been ...
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News briefs
Keen to sell in South Korea via LF
Keen Footwear has signed a distribution contract with LF for the importation and sale of Keen footwear in South Korea, effective in mid-March. Keen footwear will be sold online and offline via LF Mall and LF’s Raum Edition department stores. LF, which stands for Life in ...
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ArticleHartje and Mavic cooperate in Benelux and Denmark
Effective March 1, German bicycle wholesaler and importer Hermann Hartje KG will distribute the French brand Mavic in Benelux and Denmark. In Germany, Mavic S.A.S. currently still distributes its products with its own team. Both partners have a long history: Hartje has been around since 1895, Mavic since ...
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ArticlePolygiene records best quarterly sales ever
Polygiene said that the fourth quarter was the best in its history, with sales rising by 40.0 percent from the year-ago quarter to a record 26.6 million Swedish kronor (€2.7m-$3.2m). Revenue growth was largely due to the success of Polygiene’s ViralOff in the context of the Covid-19 pandemic, ...
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News briefs
Poler Stuff continues to expand in North America and Europe
U.S. outdoor and lifestyle brand Poler Stuff has not only re-established relationships with U.S. retailers Zumiez, REI, Urban Outfitters, Nordstrom, Tilly’s, Tactics, Evo and Jack’s Surfboards but also signed distribution agencies for multiple U.S. states as well as Out of Step Ltd, a distributor of skate and streetwear brands with ...
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ArticleAmpler Bikes continues to expand after doubling sales in 2020
After doubling its sales last year, young B2C e-bike company Ampler Bikes is looking to simultaneously expand into other national markets this year while maintaining a high growth rate in Germany (currently the company’s most important market). For 2021, the Estonians have their sights set on Switzerland and the ...
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News briefsPerformance Days and Reed launch global digital sourcing platform
Design Development Textile Consult , the organizer of Performance Days in Munich, and Reed Exhibitions ’ Functional Fabric Fair powered by Performance Days , its U.S. counterpart since 2018, have announced the launch of Performance Days Loop . The new digital platform provides access to a comprehensive, ...
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News briefsNew addition to H.A.D.’s digital marketing team
Source: Linn Poppen Linn Poppen has joined the team of the German brand Pro Feet Functional Wear as digital marketing sales manager. Poppen joins Pro Feet from competitor Buff / Elan Central Europe , where she spent the last four years ...
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News briefsWayne Edy buys back Inov-8 from Descente
Wayne Edy is back at the helm of Inov-8 , the British footwear, apparel and equipment brand he founded in 2003. As the company prepares to launch a new graphene-based running shoe, Edy reportedly already bought back the 80 percent stake in the company last year that he sold ...
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News briefsOutdoor Retailer Summer Market moves from June to August
Emerald Expositions has announced that Outdoor Retailer Summer Market 2021 has been moved from its original date of June 15-17 to Aug. 10-12 as a physical trade show at the Colorado Convention Center in Denver with a digital extension for exhibitors and attendees unable to attend in person. ...
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News briefsRobert Jasper becomes brand ambassador for Soto
Source: Robert Jasper Japanese stove and camping tableware manufacturer Soto has signed German extreme mountaineer and expeditionist Robert Jasper as brand ambassador. “We are very pleased to welcome Robert, an absolutely authentic athlete, as our brand ambassador,” Akira Yamamoto , CEO and president at ...
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News briefsHaglöfs promotes head of sustainability to management team
Source: Haglöfs Elaine Gardiner Swedish outdoor brand Haglöfs has decided to add its head of sustainability, Elaine Gardiner , to the company’s management team, retroactive to Jan. 2021. Gardiner joined Haglöfs in early 2019 as its new head of sustainability to take the brand’s ...
