All Outdoor Industry Compass articles in Volume 15, Issue 10
View all stories from this issue.
-
ArticleWeyco expects declining sales after record Q3
Weyco Group generated record sales in the third quarter of 2022, with revenues jumping by 56 percent compared to the year earlier to $97.0 million. Growth was led by its North America wholesale business and underpinned by strong consumer demand, higher selling prices and the “abnormally low” revenues seen in ...
-
News briefsLenzing expands E-Branding Service features for its value chain partners and brands
Lenzing Group, the Austria-based producer of wood-based specialty fibers including Tencel, Lenzing, and Ecovero, has announced the release of a suite of new features on its Lenzing E-Branding Service platform. Users will be able to make use of new features such as Artwork Approval, a Fiber Blending Quick Check Tool, ...
-
News briefsAscend purchases majority stake in Circular Polymers
Ascend Performance Materials has acquired a majority stake in Circular Polymers, a California-based recycler of post-consumer, high-performance polymers, including polyamide 6 and 66, polypropylene and polyester (PET). Circular Polymers reclaims and processes post-consumer carpets via a unique technology. The deal will provide Ascend with a consistent supply of post-consumer recycled ...
-
ArticleU.S. outdoor recreation industry rebounds
Inflation-adjusted (“real”) GDP for the U.S. outdoor recreation economy increased 18.9 percent in 2021, compared to a 5.9 percent growth for the overall U.S. economy, according to recent figures by the U.S. Bureau of Economic Analysis (BEA). Growth in 2021 reflected a rebound after dropping 21.6 percent in 2020. The ...
-
ArticleYeti beats expectations in Q3 as international sales jump 60%
Yeti beat market expectations for sales and earnings in the third quarter, as international revenues jumped by 60 percent, and the company said it was “well-positioned” for the holiday season in the fourth quarter. In the third quarter, sales for the premium drinkware and cooler brand increased by 20 percent ...
-
ArticleWinter season in Austria can be a success despite challenges, study says
At a press conference in late October, tourism state secretary Susanne Kraus-Winkler and Österreich Werbung (OW; Austria Tourism) managing director Lisa Weddig addressed the current status quo of the tourism industry and the potential for the 2022/23 winter season, revealing that the industry made a comeback this summer, people are ...
-
Article500 representatives gather in Singapore for annual SAC meeting
The Sustainable Apparel Coalition (SAC) held its annual meeting with around 500 stakeholders from the global fashion industry for the first time in person since 2019 in Singapore. The goal was to bring together the entire industry value chain to address pressing systemic issues related to human rights and the ...
-
ArticleBike24's impressive sales growth in new markets cushions rising costs
Despite all the current macroeconomic challenges, Bike24 Holding AG, the online retailer of bicycles, running and swimming sports, achieved total sales of €72.62 million in the third quarter of fiscal year 2022. Compared to Q3 2021, this is an increase of 12.9 percent. However, both gross profit (€18m, down 8.3 ...
-
News briefsBooth booking for OTS 2023 now open
Following the success of the 2022 show, preparations are already underway for the next edition of the Outdoor Trade Show (OTS), which will be held again at Exhibition Centre Liverpool from June 13-15, 2023. The show is now accepting booking requests from new exhibitors who wish to participate. Prices start ...
-
News briefsIndustriALL joins garment brands in advocacy to phase out production in Myanmar
In September 2022, the Ethical Trading Initiative (ETI) had released its independent report on the current situation of the garment sector in Myanmar. The paper found that due diligence is no longer possible in the country, which has lived under a military regime for more than a year. Now the ...
-
News briefsMunich Fabric Start shifts to earlier dates
Munich Fabric Start Exhibitions GmbH, organizer of, among other events, the fabric trade show of the same name, has announced some changes in the dates and concept of its international fabric exhibitions. While the November 2022 and January 2023 event dates for the Spring/Summer 24 season remain unchanged, the summer ...
-
News briefsHelly Hansen’s Q3 sales growth paced by North America, Sport Chek with some category softness
Helly Hansen, the Norwegian ski and outdoor brand owned by Canadian Tire, generated an 8.4 percent sales increase to C$170.9 million (€130.0m) against C$157.6 million for the three months ended Sept. 30. Helly Hansen’s nine-month sales are up 21.7 percent to C$480.1 million (€365.2m) from C$394.5 million with growth across ...
-
News briefsIsbjörn goes 100% PFAS-free on its journey to net zero
Source: Isbjörn of Sweden Thanks to YKK zippers, among other things, Isbjörn wants to be 100% PFAS-free from FW23 onwards With an ambitious goal to reduce carbon emissions and be net zero by 2045, outdoor children’s brand Isbjörn of Sweden has confirmed that its entire product range ...
-
ArticleISPO Munich: Focus on Sportsfashion in Hall B1
Sports fashion is diverse, colorful, innovative, and inclusive. The Sportsfashion Hall B1 at ISPO Munich proudly displays this.
-
ArticleOutdoor Retailer Snow Show to feature new on-snow summit
Outdoor Retailer (OR) will host its first-ever on-mountain winter experience and industry day in January alongside the Outdoor Retailer Snow Show in Salt Lake City, Utah. “The Summit by OR” will take place on Monday, Jan. 9, 2023, at Brighton Resort and Solitude Nordic & Snowshoe Center and will feature ...
-
News briefsMammut appoints new CMO, fills new chief supply chain officer position
Source: Mammut Nic Brandenberger, CMO Mammut Swiss outdoor company Mammut Sports Group AG has appointed Nic Brandenberger as its new chief marketing officer, effective Jan. 1, 2023. Brandenberger has many years of experience in digital omnichannel marketing as well as strategic brand development and digitalization. Over the ...
-
News briefsLeyes returns to Cocona Labs as COO
Cocona Labs, the Boulder, Colorado-based inventor of temperature-regulating 37.5® Technology, has brought Christopher Leyes back on board as chief operations officer. Leyes returns to the company after most recently serving as director of operations at Pangea Organics. Leyes was one of Cocona Inc.’s first employees, serving as VP of finance ...
-
ArticleSolo Brands lowers revenue forecasts in response to “unpredictable demand”
Solo Brands has lowered its full-year revenue guidance in response to increasingly unpredictable consumer demand amid a tougher economic outlook going into the holiday season. The owner of four lifestyle brands has managed to narrow losses in the third quarter as it reported a 47 percent increase in sales to ...
-
ArticleYakima with new global organizational structure
Yakima, a manufacturer of transportation and equipment management solutions headquartered in Oregon, USA, has announced that Ryan Martin, current CEO of the Americas region, will expand his responsibilities to also drive strategic direction and growth in Australasia (Australia, New Zealand and the adjacent Pacific Islands) and EMEA (Europe, Middle East ...
-
News briefsKMD Brands appoints new director
KMD Brands Limited, the New Zealand-based global outdoor, lifestyle and sports company that includes the Kathmandu, Rip Curl and Oboz brands, has completed the process to appoint another non-executive director to its board, Zion Armstrong, effective Dec. 1, 2022. Armstrong has had a highly successful career in the global sportswear ...
