All Outdoor Industry Compass articles in Volume 14, Issue 5-6 – Page 8
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ArticleSAC and Higg release a new value-chain tracker
About 500 brands – among them Walmart, Patagonia, Nike, H&M, Zalando, Benetton and VF Corp. – will be using the latest version of the Higg Brand & Retail Module (BRM) for the next two years. Developed by the Sustainable Apparel Coalition (SAC) and Higg, the BRM is designed to evaluate ...
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News briefs
New trade body in the U.K. to support digital retail
Six major U.K.-based e-tailers – Asos, Boohoo, Gymshark, the Ocado Group, AO World and The Hut Group (THG) – have launched the UK Digital Business Association (UKDBA), a new trade body to support the fast-growing e-commerce sector. The new association will back the digital commerce sector while also supporting brick-and-mortar ...
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News briefs
Larry Enterline retires from Fox Factory
As reported earlier, Larry L. Enterline, who has been at the helm of bicycle and other on/off-road specialty vehicle suspension specialist Fox Factory Holding Corp. for nearly a decade, will retire on April 2. The board has now appointed the current lead independent director and audit committee chairman, Dudley Mendenhall, ...
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News briefsNew Berghaus ambassadors to support diversity, inclusion and mental health
Berghaus has added four new brand ambassadors, Rhiane Fatinikun, Zahrah Mahmood, Ed Jackson and Iona Rendall, to its team. The new lineup is part of the brand’s effort to promote the outdoors as a place for everyone and highlight the mental health benefits of spending time in nature. Fatinikun is ...
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News briefsVibram wants those who care to resole their shoes
Vibram has presented the new digital “Repair if you care” campaign to encourage consumers to have their shoes resoled and avoid waste. The campaign focuses on the concept of reuse and repair as a sustainable approach. It also aims to reintroduce people to the fact that repair is a valuable ...
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News briefsCairngorm Capital invests in Whyte Bikes
London-based investment firm Cairngorm Capital Partners LLP has announced its strategic partnership and investment in bicycle supplier Whyte Bikes Limited. The unspecified cash injection is intended to accelerate the growth of the St. Leonard on Sea, West Sussex-based bicycle and e-bike supplier. Whyte Bikes was founded in 1999 by Derek ...
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News briefsFjällräven launches collection made from fabric scraps
Fjällräven has launched Samlaren (Swedish for “the gatherer”), an initiative that infuses new life into surplus material through innovative use of fabric leftovers. Samlaren products will be released in recurring, limited-edition capsule collections, the brand said. The new concept is rooted in Fjällräven’s commitment to quality and ...
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News briefsSympatex creates “Chief Sustainable Community Manager” position
Sympatex has created a new position within the company called ”chief sustainable community manager and head of storytelling” and recruited Kim Scholze, former outdoor community manager and developer of ISPO Munich’s sustainability strategy, to fill the role. Scholze brings more than 20 years of industry experience in strategy, marketing, development ...
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ArticleBamboo producer buys 31.8% of Merida Italia
Forever Bambù, a company active in the cultivation of giant bamboo through biodynamic and symbiotic agriculture, has acquired 31.8 percent of Merida Italia, the Italian branch of Taiwan’s Merida Corporation. The transaction was carried out as part of a €2 million capital increase, of which €750,000 were signed by Forever ...
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News briefsWolverine gets Standard & Poor’s upgrade
Standard & Poor’s has upgraded its outlook for Wolverine Worldwide to stable and confirmed its BB issuer credit while raising the rating on its senior secured credit facility to BB+. This came after Wolverine repaid a $171 million, 364-day loan contracted because of the coronavirus pandemic and reported better-than-expected results ...
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News briefs
Global Organic Textile Standard certified facilities jump by 34%
The number of textiles facilities certified by the Global Organic Textile Standard (GOTS) organization rose by 34 percent globally in 2020, reaching a new high of 10,388. More than 3 million workers in 72 countries were working in GOTS-certified facilities last year. While significant increases were seen in all regions, ...
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News briefsOlympic champion Callum Skinner launches rear-vision cycling glasses
Callum Skinner, the British former track cyclist and Olympic medalist, is launching special sunglasses that allow cyclists to see also behind them. The glasses were invented by physicist Alexander Macdonald, developed with Skinner and designed by Bob Henderson, an award-winning optical engineer, after raising more than £100,000 (€115,35-$139,25) via a ...
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News briefsVon Dewitz receives GEM Award for pioneering leadership
Antje von Dewitz, CEO of German outdoor brand Vaude, has received the GEM Award 2021 for her successful sustainable brand management. The Berlin-based ”Gesellschaft zur Erforschung des Markenwesens e.V.” (Society for the Study of Brands, GEM) is a platform that supports companies in their brand activities with scientific arguments and ...
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News briefsJack Wolfskin celebrates 40th anniversary
The German outdoor brand Jack Wolfskin, owned by the U.S. company Callaway Golf since the beginning of 2019, is celebrating its 40th anniversary in 2021. To mark the occasion, protagonists as well as customers will be featured throughout the year on www.jack-wolfskin.com/40years, who have shaped and accompanied the brand in ...
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News briefsBafang invests in subsidiary for battery pack production in Suzhou
China’s e-bike powerhouse Bafang Electric has just invested in a new subsidiary in its hometown of Suzhou to ensure timely delivery and compatibility of battery packs with Bafang’s products. As a result, the company’s board of directors has decided to establish its third wholly-owned subsidiary, Bafang New Energy (Suzhou) Co. ...
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ArticleRecord quarter for Fox
Fox Factory Holding Corp., which manufactures performance-defining ride dynamics products primarily for bicycles, on-road and off-road vehicles and trucks, achieved record fourth-quarter sales, rising by 41.2 percent to $262.4 million. This increase reflects a 44.6 percent rise in its specialty sports group sales and a 38.7 percent gain in the ...
