All Outdoor Industry Compass articles in Volume 14, Issue 8 – Page 3
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News briefs
Vibram North America undergoes management changes
Italian outsole specialist Vibram has announced several changes to its North American leadership team. It said this is part of its long-term organizational strategy to align the company for growth. Tammy Vrahopoulos , a former Deloitte employee and HR strategy consultant, has been hired as the company’s VP ...
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ArticleFormer TNF innovation expert becomes CEO of new company to commercialize advanced textiles from Stanford Univ. lab
EEnotech , a California clean tech foundry, has unveiled LifeLabs™ , a new company dedicated to commercializing textile patents from Stanford University ’s advanced materials lab. Founded by Professor Yi Cui , director of Stanford University’s Precourt Institute for Energy and a 15-year veteran of Stanford’s Department of Materials Science ...
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News briefsKirschner Fahrradmanufaktur launches third bike brand
This season, the German premium bicycle supplier A. A. Kirschner Fahrradmanufaktur is rolling out a third brand. In addition to Falkenjagd , which specializes in titanium frames, and Rennstahl , which specializes in steel frames, there is now a third premium brand, Parapera . This one relies on carbon ...
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News briefsCarbon specialist REIN4CED receives further financial boost
REIN4CED , a specialist in lightweight fiber-reinforced composites, has successfully completed its €7 million Series B capital increase led by European venture capital firm Capricorn Partners NV . This capital injection is intended to support the Belgian carbon expert on its ambitious path “to become the leading supplier of lightweight, ...
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News briefs
Woolpower opens new production facility in its hometown of Östersund
According to Swedish industry magazine Sportfack , Woolpower is currently completing the largest investment in its company history with a new 10,000-square-meter factory in Östersund in the Jämtland region. The completely new production facility will be twice the size of the previous one. “We are going against the tide ...
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ArticleHervis with new flagship stores focusing on bike and outdoor
Source: Hervis Nina Kronberger, sales manager Vienna region, and bike store manager Thomas Radon At the end of March, Austrian sporting goods chain Hervis Sports , which belongs to the Spar group, opened a new bike flagship store after transforming a regular multi-category store ...
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ArticleTeva works to divert products from landfills with new sandal recycling initiative
U.S. company Teva , founded in 1984 and part of Deckers Brands , has partnered with international recycling company TerraCycle to launch the TevaForever program to give worn-out Teva sandals a new life. The recycling program underscores Teva’s commitment to reducing its environmental impact and keeping waste out ...
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News briefs
Nuun selects 2Pure for U.K. and Ireland distribution
British distribution company 2pure is partnering with Nuun , a hydration and nutrition company from Seattle, to further develop and build the brand in the U.K. and Ireland. According to Nuun, 2pure’s multi-channel distribution model across the cycle, run, outdoor, grocery and pharmacy segments provides the expertise and relationships ...
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News briefsPrimaLoft introduces fully recycled down alternative
Latham, New York-based ingredient brand PrimaLoft has launched a new version of its best-selling down alternative, PrimaLoft® Insulation ThermoPlume® . The blowable synthetic insulation is now made from 100 percent post-consumer recycled materials. The company says the technology has earned a strong reputation in outdoor apparel and fashion markets ...
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News briefs
New CFO for Hövding
Swedish company Hövding , maker of an airbag collar for cyclists, has recruited Per Holmqvist as the company’s new CFO, effective mid-June 2021. Holmqvist was most recently head of group business control at Heimstaden , a Swedish real estate development company. Before that, he led the controlling at Bygghemma ...
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News briefs
Textile Exchange seeks feedback on GRS and RCS standards until May 31
Textile Exchange is encouraging industry stakeholders to share their thoughts about the latest versions of its Global Recycled Standard (GRS) and Recycled Claim Standard (RCS) , two international voluntary standards that aim to increase the use of recycled materials and that set requirements for third-party certification of recycled ...
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ArticleRecent studies show mixed picture of Covid-related shopping behavior
According to recent studies by the Association of Swiss Sports Retailers ( ASMAS ), based on credit card data from Worldline , along with the latest data from Mastercard , the outlook for brick-and-mortar retailers is moderately optimistic, albeit very mixed across the EU. In general, a slow return of ...
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ArticleVF’s new fulfillment center in the U.K. begins operations
VF Corp., through its local subsidiary VF Northern Europe Limited, has begun operations at its new fulfillment center in Bardon, Leicestershire, which will employ about 250 people at peak times. The new 55,800-square-meter center will have “state-of-the-art automation capabilities putting it at the forefront of the footwear and apparel industry.” ...
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News briefs
Uvex Group opens online brand shop
The German Uvex Group is further developing its digital business models and opening an online brand store for end consumers that carries all Uvex Group brands and their B2C-ready assortment. This includes sports and leisure equipment from Uvex and Alpina, as well as safety products for the ...
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OpinionOpinion: The drip feed of the new product releases of this millennium
As this decade starts to establish itself after the restricted conditions around the beginning of last year, there is a call out to Build Back Better. What this means is the re-establishment of the Outdoor Industry as Covid comes under control. However, the big change crept in while everyone was ...
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News briefs
Lenzing transfers shares in Hygiene Austria to Palmers
After weeks of confusion over allegations against Hygiene Austria , Austrian fiber producer Lenzing has now announced it will divest its shares and transfer them to partner Palmers Textil “to ensure the sound and continuing existence” of the company. Hygiene Austria, a producer of protective masks launched as ...
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ArticleGlobal bicycle stocks Q1 2021: The soaring continues
While most of the existing problems caused by the Corona crisis have yet to be resolved, the global stock market is relying on hopes — hopes for a bright post-Corona future. Instead of going into crisis mode, it is simply bypassing all the economic killers that are piling up. Supported by further stimulus packages and the open money floodgates of central banks, the stock market remains high. Our cycling stock chartists are ahead of the curve. They rely on another serious advantage: the bicycle and e-bike sales boom pushed by Corona led to excellent business figures last year. These were announced in the first quarter of this year. Some of the record results were a good impetus for the development of the share value in Q1 2021.
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ArticleTaiwan’s 2020 exports: It’s all about e-bikes
How did Taiwan’s valuable bicycle and e-bike unit and value exports master challenging 2020 - the so-called “Corona Year One”? Export statistics published by the Taiwan Bicycle Association (TBA) provide detailed information.
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ArticleLifeStraw receives B Corp certification
LifeStraw , a water filtration and purification specialist for outdoor sports and recreation, has received B Corp Certification . In conjunction with the announcement, the company released its 2020 CSR report, outlining social and environmental impact responsibility milestones for 2020 and ambitious goals for 2021. “LifeStraw has always been ...
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ArticleInvestor acquires majority stake in Elastic Interface maker Cytech
With an initial investment from its private equity fund PM Partners III Fund , Italian private equity firm PM Partners SGR has joined Cytech (aka Cyctech Group aka Cypad Group ) as a majority shareholder. The investor intends to support the group in its ambitious development plans. ...
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