All Outdoor Industry Compass articles in Volume 15, Issue 1 – Page 3
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ArticleGrandson of Millet founder to buy Millet Mountain Group from Calida
In an announcement on Dec. 24, Calida Group said it has received a binding offer from Jean-Pierre Millet, together with Inspiring Sport Capital, to sell Millet Mountain Group, which includes the Millet and Lafuma Outdoor brands. Jean-Pierre Millet is an investor and grandson of the founder of the Millet brand. ...
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News briefsYeti to establish European subsidiary
Yeti Coolers, a wholly owned subsidiary of publicly traded Yeti Holdings headquartered in Austin, Texas, has announced that it is currently planning to move into its first European office in Amsterdam, the Netherlands, as part of a gradual internationalization effort. Yeti is currently already present in 20 European countries, having ...
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News briefsMagura’s parent acquires Leomável Moldes
Effective Jan. 1, 2022, the German holding company Magenwirth Technologies Group is taking over 100 percent of Portugal’s Leomável Moldes, Lda. With the acquisition of the long-standing partner, the parent company of two-wheel brake specialist Magura is expanding its plastics technology capacities. The company did not disclose any details of ...
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ArticleOpen Air Group acquires Aclima
Sweden’s Open Air Group (OAG) has announced the acquisition of Norway’s Aclima, a manufacturer of merino wool clothing “made in Europe.” Aclima is a third-generation family business specializing in merino wool workwear and outdoor clothing. The acquisition of Aclima is the first in the outdoor segment for OAG and also ...
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News briefsOberalp Group acquires manufacturer of raw material for ski touring skins
The Oberalp Group has announced the acquisition of Velotex GmbH & Co. KG from Pongs Velours GmbH & Co. KG. Velotex specializes in the production of mohair velvet as an essential product for ski touring skins. The acquisition is scheduled for Jan. 1, 2022. With the acquisition, Oberalp secures an ...
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News briefsArc’teryx launches first winter edition of its academies in Europe
Canadian brand Arc’teryx is implementing its Arc’teryx Academy concept (first and foremost known from its yearly summer Alpine Academy event in Chamonix that was the first of the event series) to a winter edition in Europe for the first time. From Feb. 18 to 20, the “Arc’teryx Academy: freeride” premiere ...
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News briefsBlue Tomato offers online board rental in Austria, Germany and Netherlands
Austrian board sports retailer Blue Tomato has implemented a new board rental system both online and in brick-and-mortar stores in Austria, Germany and the Netherlands called “Rent Your Ride.” To date, 14 stores are associated and offer on-site education, rental, and board maintenance services. The boards and bindings for ...
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News briefs
Munich Fabric Start canceled
The organizers of Munich Fabric Start (spring/summer 23), planned for Jan. 25-27, had to announce today the cancellation of the show at the MOC in Munich. A few days ago, the mood was still optimistic, but the change in plans is due to new rules and obstacles associated with the ...
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News briefsDT Swiss takes over brake specialist Trickstuff
Effective Jan. 1, 2022, Swiss bicycle components manufacturer DT Swiss AG will fully acquire German bicycle brake specialist Trickstuff GmbH. No details were provided on the sale price. Trickstuff has made a name for itself primarily with high-end performance products - particularly disc brakes. The driving force is owner and ...
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News briefsHorizon Worlds social VR platform goes live
Social VR platform Horizon Worlds by Meta (formerly Facebook) was launched last week for people in the U.S. and Canada ages 18 and older. The platform is Meta’s first attempt at releasing something resembling CEO Mark Zuckerberg’s vision of the “Metaverse.” Originally just called Horizon, you need a Facebook account ...
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News briefsGfK sees pandemic and inflation clouding consumer sentiment in Germany
According to the latest GfK consumer climate study, consumer sentiment in Germany cooled off noticeably in December. Both economic and income expectations and propensity to buy fell significantly. With the propensity to save also rising again, GfK forecasts a consumer climate of -6.8 points for January 2022, five points lower ...
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News briefsNewly founded Sustainable Leather Foundation sees influx of members
During the last few weeks, the Sustainable Leather Foundation (SLF) – launched earlier this year – has announced several new members to join the non-profit organization’s network. New collaborations include the testing, inspection and certification company SGS, a new SLF partner helping to develop a certification process for sustainable leather ...
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News briefsRed Bull's AlphaTauri opens Vienna flagship store
The lifestyle and sports brand AlphaTauri from the Red Bull brand group has opened a flagship store in a prime location in downtown Vienna. The shopping street Graben, where the two-story AlphaTauri shop is found in a former Nespresso location, even has its own website and is around the corner ...
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News briefsNew CEO at Hövding
Sofia Svensson has been appointed the new CEO of Swedish company Hövding, maker of an airbag collar for cyclists. After more than ten years as CEO, Fredrik Carling will leave his position, and Svensson will take over in the first half of 2022. Source: Hövding Sofia Svensson ...
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News briefsMIPS moves up to Nasdaq Stockholm’s Large Cap segment
Following Nasdaq’s annual review of the market capitalization of listed companies, Mips AB, which scores with its innovative helmet technology BPS (stands for “Brain Protection System”), is moving up from the Mid Cap to the Large Cap segment of Nasdaq Stockholm. The move will be effective January 3, 2022. “I ...
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News briefsItalian brand OneMore premiers AppleSkin vegan leather for ski apparel
Source: OneMore OneMore AppleSkin outfit OneMore, an Italian ski apparel brand based in Egna near Bolzano, has launched a line of AppleSkin ski apparel for winter 2021, making it apparently the first ski brand to use the leather alternative made from apple pomace. To create the fabric, ...
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Short stops
Short Stops Week 51, 2021
EXECUTIVE CHANGES +++ Johnson Outdoors announced that Thomas F. Pyle, Jr., director and vice chairman, will retire and thus not stand for re-election to the company’s board of directors at the company’s 2022 ASM +++ With Christiane Dolva Törnberg leaving Fjällräven after more than 7 years, the Swedish outdoor brand ...
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News briefsDevold of Norway GmbH grows team, moves to new office
Herbert Horelt, managing director of Devold of Norway GmbH, since 2017 distributor and the representative of the Norwegian brand in Central Europe, has expanded his team based in southern Germany and moved into new premises in early November, which offers more space and features a spacious new showroom. ...
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ArticleEOCA members make record funding possible in 2021
The European Outdoor Conservation Association (EOCA) has reported that it was able to fund more projects in 2021 than ever before, thanks to the continued support of its members and exceptional fundraising efforts conducted in 2020 and 2021. In total, nearly €400,000 was allocated to 14 projects in 11 different ...
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