All Outdoor Industry Compass articles in Volume 14, Issue 8 – Page 2
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News briefsVollebak releases 100 Year Sweatshirt with Polartec technology
Source: vollebak.com 100 Year Sweatshirt After the 100 Year Hoodie , the British men’s sportswear and adventure clothing brand Vollebak has released the 100 Year Sweatshirt , a weatherproof sweatshirt that is said to repel rain, wind and fire. The new sweatshirt was developed ...
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News briefsChildren’s bike manufacturer Woom moves assembly to Poland
After a group of investors acquired just under a third of the company shares in children’s and youth bicycle supplier Woom in the fourth quarter of 2020, the Austrians say the investment will be used, among other things, for near-market assembly. Since the beginning of the year, the assembly ...
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News briefs
Salewa opens store in Verona
The Italian Oberalp Group has opened a Salewa store in Verona on April 9. The 120-square-meter shop is located at Via Cappello 41, within walking distance of the Romeo and Juliet balcony, a well-known destination for Veronese and tourists alike. The store is designed both for mountain enthusiasts ...
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News briefsPolartec’s digital sustainability forum now available on demand
In March of this year, Polartec, the manufacturer of innovative and sustainable textile solutions, hosted a digital sustainability forum under the motto “The Science of Sustainable Fabrics.” With industry experts as guest speakers and around 1,000 attendees from over 44 countries, the ingredient brand deemed the event a complete success. ...
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ArticlePierer Mobility with new sales and revenue records in Q1
Listed Austrian company Pierer Mobility , a specialist in motorized two-wheelers, sold 87,197 motorcycles and 19,256 e-bikes in the first three months of the year despite global supply chain problems. The result was also driven by high global demand for individual mobility, triggered in part by Corona. Compared to the ...
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News briefsPatagonia hires new general manager, EMEA
Patagonia has announced that it has hired a new general manager for Patagonia EMEA , effective this May. Matthijs Visch will lead Patagonia’s growing business in the Europe, Middle East and Africa region, which today includes more than 230 employees and 11 brand stores. He takes over from ...
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ArticleGfK survey in the USA sees brand loyalty as payoff for intelligent consumer approach
In a survey of 1,000 U.S. residents, market research institute GfK asked consumers about their brand loyalty and trust in brands and retailers in relation to data security, as well as soft parameters such as CSR and political issues. According to the study, one of the social changes ...
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ArticleHDE calls for new retail regulations; retailers fear 60% loss with compulsory corona testing
In view of the amendment to the Federal Infection Protection Act announced for next week, the German Retail Federation (HDE) is calling for targeted measures to effectively contain the third wave of Corona currently affecting the country. The HDE is critical of a possible further lockdown with store closures ...
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ArticleHama Group acquires majority stake in Messingschlager
With retroactive effect as of Jan. 1, Hama , a leading international supplier of accessories for consumer electronics, has acquired a majority stake in Messingschlager , one of the world’s largest importers of bicycle accessories. With Hama’s entry, Messingschlager intends to set the course for future growth in good time. ...
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News briefsJack Wolfskin pushes digitization of its supply chain logistics
Jack Wolfskin integrated a forwarder booking API into the cloud-based SCM software OSCA from Setlog , a German provider of customized supply chain management (SCM) solutions, into its transportation process earlier this year. The brand’s suppliers have since been able to transfer new transport bookings via the interface ...
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News briefsWinter clothing donations can still save lives
After the winter is still not over with night temperatures around -3°C in Germany, many homeless people are continuing to struggle, especially in times of Covid-19. Under the hashtag #Lässtmichnichtkalt , Intersport Germany has joined forces with Caritas to call on its customers and partners to take part ...
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ArticleItalian tanners issue warning about rising raw material costs
The Italian tanners’ association, Unic , is warning about the “destabilizing” impact of a sharp increase in the price of raw materials. In recent weeks, the cost of raw hides and skins has increased in “a generalized and almost unreasonable way,” while tanneries face a sharp decrease in demand, ...
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ArticleVietnam predicts $20 billion in leather and footwear exports in 2021
Vietnam’s Leather, Footwear and Handbag Association (Lefaso) expects its industry to achieve exports of more than $20 billion this year after suffering from a decline last year due to the impact of the Covid-19 pandemic on supply chains, consumption and trade. Last year, Vietnam’s export turnover of ...
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News briefsProtective equipment maker G-Form acquired by Eldridge Industries
On April 9, U.S. protective equipment maker G-Form announced that it has been acquired by Greenwich, Connecticut-based investment holding company Eldridge Industries . Details of the purchase price were not disclosed. The transaction provides the brand, known for its protectors for a variety of team sports including baseball, soccer, ...
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Short stops
Short Stops Week 15, 2021
CSR SUSTAINABILITY +++ Swedish brand Houdini is supporting the U.S. non-profit organization Sierra Club ’s Team Sierra this April to celebrate Earth Month , helping to drive funds and create awareness around environmentalism and circular business +++ In a blog entry, Patagonia ...
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News briefs
European Fishing Tackle Trade Association confirms move from London to Brussels
The European Fishing Tackle Trade Association (EFTTA) has confirmed its plan to relocate its headquarters and EFFTEX trade show subsidiary from London to Brussels later this year. EFTTA confirmed the move to its members in its latest newsletter, according to a report by Angling International , ...
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News briefs
Sale of 65% of Garmont completed
Garmont International reported that the previously announced acquisition of a 65 percent stake in the company’s share capital by Milan-based Riello lnvestimenti Partners SGR has been finalized. Of the remaining 35 percent of the company, Pierangelo Bressan , the current president and CEO, holds 30 percent. He ...
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Article
Outdoor companies’ stocks up by 18.9% in Q1
The average stock market value of 31 selected public companies in the outdoor sector saw a sequential improvement of 18.9 percent between the fourth quarter of 2020 and the first quarter of 2021, buoyed by the strong performance of stock markets across the globe, fueled by recovery hopes. This reflects ...
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News briefs
Purchasing power in German-speaking countries remains strong
GfK has just published the latest data on purchasing power in German-speaking countries. According to the data analytics company, the Swiss will once again have significantly more money to spend and save in 2021 than neighboring Austrians and Germans with an average per capita spending power of €40,739. Austrians ...
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News briefsThe oldest mountain film festival in the world: Trento Film Festival
The Trento Film Festival Mountains and Cultures is one of the oldest Italian film festivals, as well as the oldest mountain film festival in the world, and was held for the first time in 1952. The event presents films that deal with alpine exploration. After successfully streaming the event ...
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