All Outdoor Industry Compass articles in Volume 14, Issue 5-6 – Page 2
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News briefs
Prana’s waste reduction movement gains momentum
Prana , a Columbia Sportswear brand, reports great success for its Responsible Packaging Movement program, “ RPM ,” which launched last August . The program, designed to inspire and create industry-wide change, has welcomed nearly 60 brand partners across the industry in its first six months, including camping gear ...
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News briefs
Rebike Mobility receives further financial injection
To maintain its current growth rate, the German e-bike mobility company Rebike Mobility has been able to raise further capital. As part of a Series B financing round, €10 million were raised. Source: Rebike Rebike founders and MDs Sven Erger (left) and Thomas Bernik. ...
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News briefs
Rumpl announces B Corp certification
Rumpl , a U.S. manufacturer of technical blankets, has received the B Corp certification. Last year, the brand had started the necessary process and took a close look at its business and products, highlighting areas of excellence and areas for improvement. The B Corp certification provides companies with a ...
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News briefs
TNF chooses sustainable wool over down or synthetics for Heritage Collection
The North Face is taking its first steps toward incorporating more sustainable alternatives to synthetic and down insulation materials into its collections: Three styles in the new Heritage Collection are padded with HD Wool Insulation product. HD Wool Insulation is the innovation division of H. Dawson Wool , ...
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News briefs
Mountain Equipment adds sleeping bags to Earthrise collection
Source: Mountain Equipment Mountain Equipment is expanding its Earthrise collection to include sleeping bags filled with recycled down from the Down Cycle Project , which the company launched in 2017. According to Mountain Equipment, the down is post-consumer recycled down that is collected throughout ...
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News briefs
Garmont is open for acquisitions after entry of new majority shareholder
Garmont International , the Italian outdoor and technical footwear brand, told our sister publication SGI Europe that after consistent strong growth in recent years due to the Covid 19 pandemic, it reported an unconsolidated sales decline of more than 15 percent to €14 million in 2020, but still posted ...
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News briefs
Pure Fishing acquires Plano Synergy
Pure Fishing , a leading U.S. fishing tackle supplier, has entered into a definitive agreement to acquire Plano Synergy Holdings . Plano Synergy is a Texas-based company founded in 1938 that owns several outdoor brands, including Ameristep , Avian-X , Barnett , Bloodsport , Evolved , Frabill ...
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News briefs
Porta appointed permanent CEO of Hunter Boots
British brand Hunter Boots has confirmed Paolo Porta as permanent CEO. Porta has held the position on an interim basis since replacing Vincent Wauters in June 2020. Prior to joining Hunter, he was senior vice president of merchandising and licensing at Jimmy Choo . Before that, he ...
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Article
Wearables boom and players fight for market share
In a webinar hosted by the European Outdoor Group (EOG) in March, U.K.-based Futuresource Consulting reported that the overall consumer electronics market was trending downward in 2020, with Covid-19 putting pressure on supply, distribution, retail and demand. However, while some wearable categories such as smartwatches for children struggled, ...
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Article
PAI retains control of A.S. Adventure, whose sales fell by 22.9% in 2020
We reported earlier about an agreement between A.S. Adventure Group and 12 banks, brokered by the Amsterdam District Court, to deal with its debt of €292 million. Responding to our inquiries, the company’s management indicated that the terms of the agreement are a little different from what has ...
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Article
Conzzeta in transformation - new name, search for Mammut buyer and resignation of management team
In a further step in its ongoing strategic transformation and following the publication of declining results for the 2020 financial year, the executive board of the Swiss Conzzeta Group will step down at its upcoming annual general meeting on April 21. The board of directors will also propose ...
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Article
Canyon launches in Canada
Following its successful entry into the U.S. market in 2017, and just days after Belgian investor group Groupe Bruxelles Lambert ( GBL ) and co-investor Tony Fadell invested in the company, German bicycle supplier Canyon Bicycles – claiming to be the “world’s leading DTC bicycle brand“ – has ...
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Article
Mammut’s online sales climb, but brand is up for sale as Conzzeta is in transition
Robust online sales mitigated the impact of the pandemic on Mammut Sports Group ’s results for the full year. It generated net revenue of 218.4 million Swiss Francs (€197.5m-$236.1m) in 2020, down by 16.2 percent from the previous year in constant currencies. It ended with an operating loss ...
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Short stops
Short Stops Week 11, 2021
PRODUCT MARKETING +++ Sanuk , a division of Deckers Brands , has launched the fourth Sanuk Grateful Dead™ collection powered by Warner Music Artist Services exclusively on sanuk.com +++ Hoka One One will be the title sponsor of the Ravenna Marathon ...
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News briefs
U.S. outdoor community supports Biden’s staff pick
In the Trump years, public and political activism by prominent players in the outdoor community has become almost a tradition – whether it was the move of the Outdoor Retailer trade show from Salt Lake City, Utah, to Denver, Colorado, in 2017 in protest of the Bears Ears National ...
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News briefs
Decathlon expands outdoor product lines for SS2021, greater focus on sustainability
Decathlon , the world’s largest sporting goods retailer with more than 1,600 points of sale worldwide, unveiled its spring/summer 2021 collection for the outdoor and mountain brands Quechua and Forclaz last week, live and digitally from its headquarters in France. Source: Quechua 2 Second ...
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News briefs
Cotopaxi announces partnership with ROMP Ecuador to help amputees
Cotopaxi , the U.S.-based outdoor gear and apparel charity and brand, is expanding its grant program to include more innovative, sustainable and change-making organizations and has announced a partnership with the Range of Motion Project ( ROMP ). ROMP is a Denver-based global nonprofit organization founded in 2005 to improve ...
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News briefs
POC expands e-tail and marketing team
Source: POC Lukas Malgay Lukas Malgay has been supporting the e-tail and digital team of Swedish brand POC as online account manager Europe since March 1. For the past three and a half years, Malgay worked in sales sales marketing for ...
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Article
NPD study evaluates impact of Covid-19 on different distribution channels
U.S. consulting group NPD has released its latest study on the impact of the pandemic on the outdoor retail market. NPD collects its point-of-sale data from more than 600,000 retail locations, including more than 1,450 specialty sporting goods stores, as well as e-commerce and mobile platforms, and maintains offices ...
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News briefs
“The Science of Sustainable Fabric” digital panel discussion by Polartec on March 23
Source: Polartec Polartec has announced a global online event on March 23 that will bring together thought leaders for a discussion on the science of sustainable textiles. The conversation will address where we are and where we are headed in terms of circular economy, recycled ...