All Outdoor Industry Compass articles in Volume 14, Issue 3-4 – Page 5
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News briefs
Starboard and ICF partner up for the environment
To make future paddling competitions more environmentally friendly, SUP and windsurfing board manufacturer Starboard , founded in 1994, and the International Canoe Federation ( ICF ) have entered into a partnership that focuses on climate and water protection. The federation joins Starboard’s already extensive activities and will calculate the ...
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News briefs
Shop Pay expands to Facebook and Instagram in the U.S.
Shopify is expanding Shop Pay – the fastest and most secure way to shop online, according to the Canadian e-commerce software company – to all U.S. Shopify merchants selling on Facebook and Instagram . With Shop Pay now available as a fast and secure payment option on ...
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News briefs
Payment service Klarna launches bank account in Germany
Klarna is launching consumer bank accounts in Germany, with the aim to provide them with further control of their finances. The launch marks a first for the company and will allow customers to easily track, categorize and analyze all of their everyday spending using the Klarna app. A Klarna ...
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ArticleDelivery problems take their toll on multichannel supplier Rose Bikes
After an extremely successful 2020 fiscal year with a 34 percent increase in sales, the Corona pandemic’s economic effects are now hitting German B2C bicycle supplier and retailer Rose Bikes . The Bocholt-based company speaks of a “lack of delivery reliability on the part of Asian component manufacturers. This has ...
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ArticleYeti’s sales and profits rocket
Yeti , the American brand of coolers and drinkware and other outdoor equipment, recorded a 26 percent gain in revenues for the three months ended Jan. 4, 2021, to $375.8 million, driven by strong growth in direct-to-consumer (DTC) sales. Products in the Coolers Equipment and Drinkware segment led ...
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OpinionBiodegradability: The next battle in the war of greenwashing?
One of the main incoming extra features attached to synthetics this spring is biodegradability. Synthetics have come in for much criticism as they are seen as the primary source of plastics in the ocean, so would it make sense to have the visible part of them break down quicker: Is ...
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News briefs
Cotopaxi sets ambitious sustainability goal
Cotopaxi has announced its goal to have 100 percent of its products certified as using only responsible, recycled, or repurposed materials by 2022. Currently, Cotopaxi’s product line contains the following sustainability features and percentages: 80 percent of product families have one or more sustainability features; ...
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News briefs
Salewa France will reportedly have a new head and strategy
According to an exclusive report by sport-guide.com , Pierre-Jean Touchard will leave Salewa France , of which he is managing director, within a few weeks. Touchard has been with Salewa since 2003. Touchard’s departure has been confirmed by Stefan Rainer , director of sales at Salewa France, who told ...
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News briefs
OS Maps launches in Australia, prior to expanding to more countries
Ordnance Survey (OS) , the national mapping agency for Great Britain, has launched its walking and cycling app, OS Maps , in Australia. It is the first nation outside of Britain to have full access to this service, helping people create their own adventures in the outdoors. OS Maps ...
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News briefs
Allied develops ultra high-performance recycled down with enhanced fill power
Allied Feather + Down has announced what it claims to be the highest fill-power ever achieved in a certified post-consumer recycled down. The new RENU:750 represents an improvement on the RENU:700 down. Allied was able to alter the way that post-consumer material was processed and separated to ...
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News briefs
Lenzing participates in the Circular Fashion Partnership
Lenzing has announced that it is participating in the Circular Fashion Partnership , a cross-sectorial initiative led by the Global Fashion Agenda , with project partners Reverse Resources and BGMEA and in collaboration with P4G , to accelerate the transition to a circular fashion industry. The partnership ...
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ArticleVF expands the role of equity in its labor policy
In line with its Council to Advance Racial Equity (CARE) and Inclusion, Diversity, Equity and Action (IDEA) initiative, VF Corp. is implementing a number of new measures in its labor policy. “All VF employees will participate in a foundational inclusion and diversity learning journey to ensure they share ...
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ArticleRip Curl continues to support Kathmandu’s performance
The acquisition of Rip Curl in October 2019 was a good one for Kathmandu Holdings . In a preliminary trading update, the Australian group said that its revenues for the six months ended on Jan. 31, 2021, progressed by 12 percent from the year-ago period, as Rip Curl’s strong ...
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ArticleNewell’s sales up by 2.5 %
Newell Brands’ revenues for the fourth quarter rose by 2.5 percent to $2.7 billion, as a core sales gain of 4.9 percent was partially offset by currency headwinds and divested businesses. The management said that it ended the fourth quarter on a very strong note, with six out of eight ...
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ArticleJack Wolfskin’s parent records higher losses on higher sales
Callaway Golf Co . saw its net loss in the fiscal fourth quarter deepen to $40.6 million, compared with a loss of $29.2 million last year. However, sales surged by 20.2 percent to $374.6 million, led by strong demand in the golf equipment segment and a quicker-than-expected recovery in the ...
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News briefsCraft is title sponsor of the Gravel Rally Black Forest
Swedish functional clothing specialist Craft is the new title sponsor of the Gravel Rally Black Forest , which has been organized since 2018 by Hirsch-Sprung , a travel company based in the Black Forest with a focus on bike tours, for the 2021 season. The 2021 gravel event will ...
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News briefsSecond family generation joins the management of Stevens
With Kim , Julian and Jacob von Hacht , the children of the company’s founders Werner and Wolfgang von Hacht , the second generation of the owner-managed family business Stevens Vertriebs GmbH is joining the management of the Hamburg-based bicycle equipment manufacturer. Fred Schierenbeck is ...
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News briefs
Klättermusen announces distributors for Austria and Switzerland
Shortly after announcing its new distributor for Japan , Swedish outdoor brand Klättermusen has announced two more new distributors, this time in Europe. In Austria, Markus Sailer ’s company Sport 2b will be representing the brand with immediate effect. Sport2b also has Stöckli , Klean Kanteen and Pret ...
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News briefsNew agenda, new board member at ZEG
Source: ZEG Fred Schierenbeck In order to continue offering customers high-quality, state-of-the-art products in the future, the supervisory board and management board of Europe’s largest bicycle dealer group and cooperative, ZEG ( Zweirad-Einkaufs-Genossenschaft eG ), have launched a holistic, long-term corporate strategy. An important part ...
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News briefsShimano reduces water use and pledges plastic reduction
In its latest “ESG Sheet,” the company’s annual report on environmental, social and corporate governance initiatives, Shimano said it would reduce water consumption in its factories by about 7 percent by 2020, continuing a trend that began at least four years ago. The Japanese company that develops, produces and ...
