All Outdoor Industry Compass articles in Volume 14, Issue 3-4 – Page 2
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News briefsGarmin opens manufacturing facility in Wroclaw, Poland
Garmin has opened a new manufacturing and distribution facility in Wroclaw, Poland, to serve automotive and CE customers throughout Europe. The BREEAM (Building Research Establishment Environmental Assessment Method) certified facility includes nearly 30,000 square feet of state-of-the-art manufacturing and distribution space dedicated to the production and supply of infotainment ...
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News briefsLeatherman introduces apparel line
U.S. multi-tool manufacturer Leatherman is entering new territory with its first clothing collection. The hoodies, shirts and accessories are “Made in USA” and, according to the manufacturer, designed to combine outstanding material properties, functionality and attention to detail just like the brand’s multi-tools. The apparel is traditionally 100 percent ...
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ArticleSRAM buys Time Sport’s pedal business from Rossignol Group
After having already announced that it had sold the carbon frame and fork production, including the RTM Composite factory of its subsidiary Time Sport International to the French-American investment and management group Cardinal Cycling Group , the French Groupe Rossignol is now also parting with the ...
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News briefsBCF posts 50% revenue increase, with online sales more than doubling
Boating Camping Fishing (BCF) , the Australian retail chain owned by Super Retail Group , recorded a sales increase of 50.9 percent in the first half of its financial year ended Dec. 26, 2020. The performance was largely driven by a 113.1 percent increase in digital sales as compared to ...
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News briefsApparel brands are urged to use more recycled polyester
Textile Exchange and the United Nations Framework Convention on Climate Change’s Fashion Industry Charter for Climate Action have partnered to launch the 2025 Recycled Polyester Challenge , a joint initiative to further encourage a shift in the market towards the uptake of recycled polyester (rPET) and the associated ...
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News briefsLa Sportiva adds three international names to its mountain running team
Source: La Sportiva Jan Margarit La Sportiva has expanded its mountain running team with the arrival of Jan Margarit , Mimmi Kotka and Alexis Sevénnec . Margarit, 23, was born in Matadepera, near Barcelona, and made his debut in trail running in 2015. ...
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News briefsKuehne + Nagel buys Chinese freight company
The Swiss logistics group Kuehne + Nagel has entered into a binding agreement to acquire the Chinese freight forwarder Apex International Corporation . According to the German Handelsblatt , experts value the transaction between US$1.5 billion (about €1.2 billion) and US$2 billion (€1.6 billion). This is the largest acquisition in ...
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ArticleNew Zealand Merino launches 100% regenerative wool platform with Icebreaker, Allbirds and Smartwool
The New Zealand Merino Company ( NZM ) and global Merino wool apparel and footwear brands Icebreaker, Smartwool and Allbirds will work collectively with 167 sheep growers in New Zealand to create ZQRX , the world’s first regenerative wool platform. “ZQRX is an important and necessary evolution ...
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ArticleVolkswagen enters bicycle leasing and financing business
On February 18, Volkswagen Financial Services , a wholly-owned subsidiary of German automaker Volkswagen ( VW ), announced an expansion of its broad range of mobility services to include leasing and financing of bicycles and e-bikes. The new business will be generated through VW Volkswagen Financial Services’ investment in ...
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News briefsCycling airbag brand Hövding records growth in 2020 despite pandemic
Source: Lina Arvidsson Fredrik Carling, CEO Swedish company Hövding , maker of an airbag collar for cyclists, reported that the number of units sold in 2020 increased by 35 percent and sales also increased by 35 percent compared to 2019. In the company’s year-end report, ...
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News briefs
Rather Outdoors buys Zebco Brands
Rather Outdoors has announced that it has acquired Zebco Brands , a manufacturer of fishing rods, reels and accessories, based in Tulsa, Oklahoma. Through this acquisition, Rather expects to take full advantage of the growing interest in fishing, particularly in the segments of youth anglers and new anglers, where ...
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News briefs
Bluesign releases updated version of its Product Stewardship Guideline
Bluesign has released Version 3.0 of its Product Stewardship Guideline , exclusively available to Bluesign System Parners. The Guideline, which complements the Bluesign Criteria for chemical suppliers, is a practical guide for chemical companies that are willing to implement state-of-the-art procedures and improve their product safety. Bluesign has been ...
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News briefsThe Sustainable Apparel Coalition reviews its first decade and sets new strategy for the future
The Sustainable Apparel Coalition (SAC) has released a comprehensive report in which the organization illustrates the progress in its first decade of activity, culminating in the completion of the Higg Index , and illustrates its strategy for the years to come. The SAC, headquartered in Oakland, California, ...
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News briefs
Dragon launches eyewear for anglers
Dragon Eyewear is introducing a collection of sunglasses designed for the anglers out there. The XP Fishing Collection – itself part of the XP Cross-Performance line – comprises four models and seven lens tints for deep-sea, in-shore, sunrise, or sunset fishing. The frames are made of an ...
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News briefs
Moody’s responds positively to Vista’s $500m debt offering
Moody’s has upgraded the rating of Vista Outdoor’s new senior unsecured notes from B2 to B3 after the company expanded their offering from $350 million to $500 million in response to strong demand from the financial community. The new notes will bear an interest of 4.500 percent and mature in ...
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News briefsVF Corp. allocates first green bond proceeds
VF Corp ., the mother company of The North Face , Timberland and other brands, has released its Green Bond Impact Report , in which it shows that the net proceeds of around €493 million from its inaugural green bond have been fully allocated. The money has ...
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ArticleNiche e-bike brand Nox Cycles launches crowdfunding campaign
German-Austrian bike brand Nox Cycles , which set its course towards e-bikes in 2015 and founded Nox Cycles Austria GmbH based in Zillertal two years later, is currently attracting attention. Last year saw the launch of the construction of “Fort Nox”, a state-of-the-art, sustainable and resource-saving administration and production ...
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ArticleMoncler's annual sales down 12% despite good 4th quarter
Moncler returned to growth in the fourth quarter, growing by 8 percent to €675.3 million, led by Asia and the Americas. On a constant-currency basis, they improved by 7 percent. The company benefited from the strong expansion of the Chinese market, growth in Korea and Japan, plus a robust ...
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News briefsU.S. open-air outdoor trade show to debut in August in Park City
The first edition of The Big Gear Show (BGS), the first open-air outdoor trade show in the U.S., will be held in the mountain resort town of Park City, Utah, with the support of the Utah state government. The organizers of this new show, which is a year late because ...
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News briefsOsprey launches new generation of Talon and Tempest with AGAIN campaign
U.S. backpack specialist Osprey has released an open letter to the outdoor community and its retail partners to signal hope on the horizon after the tough year of 2020. With the message explore AGAIN™ , the letter highlights the importance of the outdoors to physical and mental well-being. Together ...
