All Outdoor Industry Compass articles in Volume 14, Issue 8
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PDF NewsletterOutdoor Industry Compass: Vol 14 - No 8
Outdoor companies’ stocks up by 18.9% in Q1 | Global bicycle stocks Q1 2021: The soaring continues | Lower losses in JD’s outdoor retail operations | Pierer Mobility with new sales and revenue records in Q1 | Hervis with new flagship stores focusing on bike and outdoor | HDE calls for new retail regulations; retailers fear 60% loss with compulsory corona testing | Adidas and Parley team up for sustainable Mountains To Oceans outdoor capsule | Teva works to divert products from landfills with new sandal recycling initiative | Taiwan’s 2020 exports: It’s all about e-bikes | LifeStraw receives B Corp certification | Hama Group acquires majority stake in Messingschlager | VF’s new fulfillment center in the U.K. begins operations | Former TNF innovation expert becomes CEO of new company to commercialize advanced textiles from Stanford Univ. lab | U.S. companies demand climate action from Biden administration
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News briefs
Cotopaxi joins Climate Neutral
Cotopaxi , a U.S.-based B Corp outdoor brand and nonprofit organization, announced on April 15 that it has been certified by Climate Neutral . The non-profit organization Climate Neutral’s certification is based on internationally recognized standards for carbon measurement, neutrality and offsetting. Each brand must measure Scope 1, 2 ...
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News briefsBike&Co continues to restructure under new management
Source: Bike Co Volker Diehl After successful years and a comprehensive reorganization of the company, the management of the German bicycle purchasing association, Bike Co , has announced some changes. After managing director Olaf Heinen left the association “by mutual agreement,” the appointment of ...
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ArticleAdidas and Parley team up for sustainable Mountains To Oceans outdoor capsule
Adidas has reunited with Parley for the Oceans , an environmental organization founded in 2012 by Cyrill Gutsch to fight ocean degradation with a focus on plastic pollution, to introduce a new collection of weatherproof outdoor apparel made from sustainable materials. Adidas first collaborated with Parley in 2015 ...
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News briefs
Chamatex acquires Toptex Cube
Chamatex , the French textile manufacturer based in the Ardèche department, has become a majority shareholder in Toptex 3 (Toptex Cube) , another French firm specializing in the production of technical clothing and luggage for the sports, luxury and health sectors through innovative assembly processes. Toptex Cube was founded ...
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News briefsPatagonia presents documentary film and campaign to promote community energy movement
Patagonia is launching a Europe-wide campaign on April 15, beginning with the launch of a website and documentary film, We the Power . The goal of the campaign is to support the growing community energy movement across Europe. Community energy is a system of energy production in which groups ...
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News briefs
Johnson Outdoors CEO ranked in Forbes’ World’s Billionaires List
Helen Johnson-Leipold , the chairwoman and CEO of Johnson Outdoors , took the 831st position in the 2021 Forbes’ World’s Billionaires List with a net worth of $3.6 billion, up from $3.3 billion in 2020. Johnson-Leipold has been running the company since 1999. She is also the chairwoman ...
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News briefs
Sportler targets cycling enthusiasts with new Italian store
Sportler has opened its first dedicated bike store, building on cycling’s success story during the Covid-19 pandemic. The new 1,500-square-meter store, opened on April 9, is located in Mandella, near Peschiera del Garda, in the Italian province of Verona. In addition to products from leading bicycle brands, the store ...
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ArticleU.S. companies demand climate action from Biden administration
310 U.S. businesses have signed an open letter demanding that the Biden Administration makes every effort to achieve a 50 percent reduction in emissions by 2030. The open letter was organized by the We Mean Business Coalition , a global coalition of nonprofits working with businesses around the ...
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News briefsISPO Basecamp of Inspiration 2021 canceled
The ISPO Group has announced that this year’s Basecamp of Inspiration – OutDoor by ISPO ’s version of the ISPO Brandnew startup competition – has been canceled. With the postponement of OutDoor by ISPO to the beginning of October, the time between the two annual startup events ...
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News briefsWolverine Appoints Kathleen Wilson-Thompson to board of directors
Wolverine World Wide, Inc. appointed Kathleen Wilson-Thompson to its board of directors. An experienced top executive, she is currently a member of Tesla ’s board of directors and brings global retail experience in senior management positions and a total of 14 years as a director for three publicly ...
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News briefsSmartwool turns old socks into dog beds; kick-off of new circular strategy in the U.S.
Smartwool , the Denver-based merino wool apparel manufacturer and a brand of VF Corp ., has set a strategic goal to make all of its products circular by 2030. The Smartwool Second Cut Project is designed to help create a more circular supply chain that extends the life of ...
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News briefsAnta Sports had a good start to 2021
In an operational update on its first quarter, which relates to the performance of Anta , Fila , Descente , Kolon Sport , Sprandi and Kingkow , but does not include the businesses of Amer Sports , Anta Sports Products Limited said retail sales of Anta branded ...
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News briefsFrench bicycle sales record double-digit growth
According to figures from UNION sport cycle , the French sporting goods industry association, the bicycle market (bicycles, parts and accessories) reached the milestone of €3 billion in value for the first time in 2020, representing a 25 percent increase over the previous year. Overall sales of all ...
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ArticleIn a global FMCG comparison, Germans, French and Danes are more reluctant to buy online than others
In its latest Fast-Moving Consumer Goods ( FMCG ) Report 2021 , London-based data and analysis company YouGov surveyed more than 19,000 consumers in 17 markets worldwide to find out about their shopping behavior. The study reveals differences between the various markets, but also similarities. A 59 percent ...
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ArticleLower losses in JD’s outdoor retail operations
JD Sports Fashion Plc managed to report generally good results for the year ended Jan. 30, 2021, in spite of the impact from the coronavirus pandemic and Brexit, “which have severely tested all aspects of the business,” the management said. The company’s profit before tax and exceptional items of ...
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News briefsBergzeit launches hiking campaign and shows results of hiking survey
German multisport retailer Bergzeit is trading hiking as the trend topic in summer 2021 and supports it with a special hiking campaign that will run from April 13 to May 2. Existing customers are addressed via organic social media, newsletters, advertising space in the store and magazine. New customers ...
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News briefs
Teijin launches new Nanofront fiber made from recycled polyester
Textileworld reports that Teijin Group ’s fiber and product processing company, Teijin Frontier Co. Ltd. , has developed technology to mass-produce a new version of its Nanofront ultrafine polyester, said to be the world’s first nanofiber made from recycled polyester. While demand for recycled raw materials is growing ...
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News briefsMicrofibre Consortium approves first third-party lab member
The Microfibre Consortium ( TMC ) has officially approved the Swiss verification, testing and certification company SGS as its first third-party laboratory member. TMC, founded in 2018, facilitates the development of solutions for the industry to minimize textile fiber fragmentation and its release into the environment from textile manufacturing ...
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News briefs
JanSport introduces backpack range made with 100% surplus materials
Source: www.jansport.com Surplus Ski n’ Hike JanSport , a division of VF Corp ., has launched Surplus Ski n’ Hike , the brand’s first backpack line made with excess factory materials that would have potentially ended up in landfills. Every component of this limited-edition pack ...
