All Outdoor Industry Compass articles in Volume 15, Issue 1
View all stories from this issue.
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PDF NewsletterOutdoor Industry Compass: Vol 15 - No 1
Outdoor and bike industry stocks rose by 3.0% in Q4 | Green awareness provides greater tailwind for bike stocks in 2021 | Helen of Troy raises outlook after Osprey acquisition, strong Q3 showing | Grandson of Millet founder to buy Millet Mountain Group from Calida | Open Air Group acquires Aclima | Schwan-Stabilo acquires stake in footwear start-up Doghammer | MacNeill Pride Group rebrands as Gathr Outdoors | Former Nike executive to become TNF’s new global brand president | Vista Outdoor ends 2021 with yet another acquisition | Amer Sports divests Suunto | Pierer Mobility records strongest growth with e-bikes | Sport 2000 parent ANWR Group exits as shareholder of Bico | EOCA members make record funding possible in 2021
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News briefsArc’teryx continues global brand store expansion
Source: Arc’teryx Arc’teryx has increased the number of its own brand stores by 15 percent Canadian brand Arc’teryx Equipment opened 21 stores internationally in the past twelve months, ending 2021 with a total of 159 brick-and-mortar brand shops globally. In addition to the new stores, Arc’teryx also ...
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ArticleGreen awareness provides greater tailwind for bike stocks in 2021
2021 had it all: on the one hand, more lockdowns, virus variants, inflation, zero or negative interest rates, supply bottlenecks, political crises, trade and other wars, etc. On the other hand, 2021 experienced a world stock market that trudged steadily upward. This also gave our 2021 cycling stock some major ...
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ArticleOutdoor and bike industry stocks rose by 3.0% in Q4
Our quarterly analysis of the outdoor stock market shows a 3.0 percent sequential increase in the average stock prices of 32 public companies primarily involved in the outdoor and bicycle sectors between Sept. 30 and Dec. 31, 2021. This came after increases for most of the same companies of 18.9 ...
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ArticleSchwan-Stabilo acquires stake in footwear start-up Doghammer
The German Schwan-Stabilo group has taken a minority stake in Doghammer, a young outdoor footwear brand. The agreement was signed shortly before the end of 2021. Further details of the transaction were not disclosed. Doghammer was established in 2015 by Matthias Drexlmaier and Maximilian Hundhammer in Rosenheim in Bavaria. Since ...
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News briefsColumbia appoints new VP U.S. sales
Source: Columbia Jim Beeman Columbia Sportswear Company has named Jim Beeman vice president, U.S. sales for the Columbia brand. In this role, Beeman will report to Tim Sheerin, senior vice president, global wholesale for the Columbia brand. Beeman spent more than 22 years at Nike, most recently ...
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News briefsBode Miller becomes Scarpa brand ambassador
Scarpa announced that U.S. ski star Bode Miller is the new ambassador for the Italian footwear brand. Miller won four World Championship titles in four different disciplines (combined and GS 2003, super-G and downhill 2005) and six medals at the Winter Olympics – silver twice (GS and combined) in Salt ...
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ArticlePierer Mobility records strongest growth with e-bikes
According to Austrian two-wheeler specialist Pierer Mobility AG, the 2021 financial year shone with new records – so much that the board raised its sales forecast even before the publication of the preliminary key data for 2021 on Feb. 1. Previously, the publicly listed company had communicated a sales forecast ...
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News briefsTeijin launches new Future Navigation website
Japanese fiber and fabrics specialist Teijin has launched an interactive website named Future Navigation to interact with individuals and groups interested in discovering and discussing solutions that address social issues in the modern world. The project is connected to the 100th anniversary of the company in 2018 when the first ...
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News briefsSpinnova invests in Rieter system for new yarn fabrication in Finland
Spinnova has purchased a full line of production machines from Swiss spinning technology specialist Rieter to be installed at the company’s premises in Jyväskylä, Finland. Following the agenda published before, Spinnova plans to spin the wood pulp fiber into yarn on the Rieter system on a large scale by the ...
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ArticleMacNeill Pride Group rebrands as Gathr Outdoors
After acquiring several outdoor brands over the past two years, U.S.-based MacNeill Pride Group (MPG) quickly began to crystallize a growing commitment to outdoor sports and related activities. In addition to the acquisitions of the Orca, GCI Outdoor, Klymit and Rightline Gear brands, the appointment of CEO Keith Bornholtz and ...
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News briefsEurobike 2022 will be a showcase for future mobility
The concept expansion of Eurobike 2022, which will be held in Frankfurt for the first time, and the explicit integration of the topics of future mobility and urban mobility are bearing fruit: The organizers are already reporting a record number of registrations seven months before the show. In close cooperation ...
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ArticleU.S. retail and experience brand Evo acquires snowsports retail and rental chain Rhythm Japan
Rhythm Japan, a Japanese snowsports retail group established in Niseko in 2005 by two Australian snowsports professionals, has been 100 percent acquired by Seattle-based outdoor retail and experience brand Evo. Evo operates 9 stores in the U.S. and Canada, two All Together skateparks, as well as lodging and travel businesses, ...
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News briefsTradeinn records another strong increase in annual sales
Spanish e-tailer Tradeinn enjoyed a stellar year in 2020. The results for 2021 surprised even its CEO, David Martín, as he confessed to CMDsport. The effects of the pandemic produced a 52 percent increase in annual sales to €288 million for 2020, which was followed by a further 31 percent ...
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ArticleFormer Nike executive to become TNF’s new global brand president
VF Corp. has named Nicole Otto global brand president of its Denver, Colorado-based outdoor brand The North Face (TNF). Otto will succeed Steve Murray, who will be retiring. Murray had been promoted from president of Americas to global brand president of TNF in October 2020 as part of management structure ...
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News briefsANWR Group’s exit from Bico has no impact on Swiss Bike Profi
The exit of ANWR Group as a minority shareholder from the German bicycle trade organization Bico Zweirad Marketing GmbH has no impact on the Swiss bicycle trade organization Bike Profi. Bike Profi operates under the umbrella of ANWR-Garant Swiss AG. ANWR-Garant Swiss AG has already been operating in the bicycle ...
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News briefsIcebug partners with POW
Swedish outdoor footwear manufacturer Icebug is the latest global partner of Protect Our Winters (POW). Icebug has a longstanding commitment to sustainability, whether it’s switching from petrochemical to algae foam, changing fabric dyeing processes, eliminating air freight or installing solar power in its supply chain factories. Icebug is also a ...
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News briefsReima commits to Science Based Targets initiative
Reima is the first Finnish apparel company to join the global Science Based Targets (SBTi) initiative. In accordance with the initiative, Reima will set emissions reduction targets that support the Paris Agreement’s goal of limiting global warming to 1.5 degrees. The targets apply to Reima’s own operations as well as ...
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ArticleAmer Sports divests Suunto
Amer Sports revealed it has reached an agreement with Chinese technology company Liesheng to sell its Finnish brand Suunto, a manufacturer of sports watches, dive computers and precision instruments. Amer said the sale was in line with its strategy to focus on developing internationally recognized sporting goods brands in the ...
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News briefsSKS Germany with record sales in 2021
For German bicycle accessories manufacturer SKS Metaplast Scheffer-Klute GmbH (SKS Germany), 2021 was a special year: the company not only celebrated its 100th anniversary but also achieved record sales of around €87 million. In total, the company sold 1.2 million air pumps, 4.5 million permanently mounted and 2 million clip-on ...
