All Outdoor Industry Compass articles in Volume 15, Issue 10 – Page 6
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News briefsMoncler tops sustainability ranking of textile, apparel and luxury goods industry
For the fourth year in a row, Moncler has ranked at the top of the “Textiles, Apparel & Luxury Goods” sector, according to the 2022 S&P Global Corporate Sustainability Assessment. The company, which has just turned 70, obtained the highest score (90/100). The S&P Global Corporate Sustainability Assessment (CSA) is ...
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SponsoredPrimaLoft’s 360° approach to elevate performance and sustainability through innovation
Find out more about Primaloft’s pillars for a reduction of the environmental footprint.
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ArticleTwo-thirds of Odlo’s products now made from recycled or natural fibers
Just in time for Global Sustainability Day on Oct. 25, Odlo announced that it has reached another sustainability milestone: 66 percent of its total production is now made from recycled or natural fibers. This represents a further 15 percent increase year-on-year. In recent years, Odlo says its use of ...
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News briefsPertex and Cycora join forces for circular woven performance fabrics
The U.K. fabrics supplier Pertex and the Cycora division of Ambercycle, Inc. (a U.S. material science company) have announced a new cooperation for the joint development of fully circular, woven fabrics using end-of-life textile waste. Cycora is the first branded fiber solution developed by Ambercycle. The company’s ecosystem enables the ...
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News briefsIsbjörn continues sustainability promise: New collection with PrimaLoft’s Ocean Bound plastic insulation
Source: Isbjörn of Sweden Isbjörn Sealion with PrimaLoft Insulation with Ocean Bound plastic Swedish outdoor children’s brand Isbjörn of Sweden continues its ambitious sustainability pledge and partnership with Primaloft for Fall/Winter 2023 with a new collection of padded products using PrimaLoft’s new insulation with Ocean Bound plastic. ...
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News briefsOberalp Group takes over German distribution for 2117 of Sweden
The Italian Oberalp Group has been responsible for the distribution of the brand 2117 of Sweden in nine European markets since the fall of 2021. Since October 2022, the group has added Germany as an important market. Oberalp has already set up a new sales team comprising freelance sales representatives, ...
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ArticleSRAM veteran transfers to World Bike Relief
Source: SRAM David Zimberoff After nearly 30 years in the bicycle industry, “DZ” David Zimberoff will soon leave his position as vice president of marketing at U.S. bicycle component manufacturer SRAM Group (Avid, Hammerhead, Quarq, SRAM, Rockshox, Time Sport, Truvativ, Velocio, Zipp brands) to focus on a ...
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ArticleShimano defies slowing demand with results above pre-Covid level
Triggered by the Russian invasion of Ukraine, global shortages in raw material and energy supply, as well as rising raw material prices, will have a direct impact on the business of Shimano Inc. Nevertheless, demand for bicycles and fishing tackle remained stable in the first three sales quarters of fiscal ...
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ArticleSurvey: Winter tourists shifting from slopes to hiking trails
According to a YouGov survey commissioned by German sportswear manufacturer Schöffel, winter travelers are making changes to their activities. Above all, increased cost of living and energy prices are changing winter vacations for many Germans this season. Of those surveyed, 87 percent expect winter vacations to become more expensive in ...
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ArticleOutdooractive becomes a founding member of the Tourism Tech Alliance (TTA)
Outdooractive, a pioneer of decentralized data collection, hierarchical data management and organized data distribution for more than 15 years, has joined Neusta DS, Infomax and Land in Sicht as a founding member of the Tourism Tech Alliance (TTA), an association of the leading technology companies in tourism. With the TTA, ...
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News briefsGerman RV P2P portal Paulcamper sold to Australia for €31 million
Berlin-based startup Paulcamper has sold its entire stake. The new owner is the listed company Camplify from Australia, which was founded in 2015. Camplify is one of Australia’s leading peer-to-peer (P2P) platforms that connects owners of campervans or RVs with renters, which is the same business model that Paulcamper operates. ...
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News briefsNorrøna opens permanent store at Switzerland's Landquart Outlet
On Nov. 11, 2022, the Norrøna store will reopen its doors at the Landquart Fashion Outlet in Switzerland. After several years of a pop-up concept, the decision is now made after great success to a more long-term project of at least five years in the outlet. As a focal point ...
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ArticleVista Outdoor’s CFO to leave the company
Vista Outdoor announced that Sudhanshu Priyadarshi, the company’s CFO, has decided to pursue another opportunity after two and a half years in his role and will step down from his position in November. Priyadarshi will continue to perform his duties until his departure, including the release of the company’s second ...
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ArticlePinarello’s good results accelerate further investments
Based on the good financial results of the 2021/22 fiscal year (ended June 30), Italy’s Cicli Pinarello s.r.l. is looking to a bright future. For the current fiscal year 2022/23, the road bike supplier is expecting a growth rate of between 25 and 30 percent – “still considering the limitation ...
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ArticleWeak bicycle market significantly hurts Mips sales and margin in Q3
High bicycle helmet inventories at retailers and production cuts at manufacturers are hurting the Swedish Brain Protection System (BPS) manufacturer Mips AB. Net sales fell 39 percent to SEK 113 million (€10.23m) in the third quarter. Organic growth fell by 50 percent. Bit fell 66 percent to SEK 37 million ...
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News briefsAngling Direct experiences revenue growth despite headwinds
Angling Direct, the British omnichannel fishing tackle and equipment retailer, saw group revenues increase by 1.3 percent in the first half ended July 31, 2022, against the first half of the previous fiscal year, with revenues reaching £38.9 million (€44.8m). Sales on a same-store basis increased by 4.6 percent. Store ...
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Short stops
Short Stops Week 43, 2022
RETAIL & DISTRIBUTION +++ Italian cycling apparel firm Castelli has opened a new 275-square-meter store in Girona, Spain, located at Carrer Nou 25 +++ Icebreaker will be distributed in Italy by Outback ’97 in a new agreement +++ Italian mountain clothing specialist Crazy has opened a new 80-square-meter store in ...
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ArticleRussia's mass mobilization fuels demand for sports and outdoor products
The Russian market experienced a boom in demand for sporting and outdoor goods since Sept. 21, when the Russian president declared the first mass mobilization in the country since the second world war. The demand for military ammunition has sharply risen in Russia, and the price of sporting and outdoor ...
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News briefsBig gravel bike store opens in Barcelona
Europe’s biggest gravel bike store has opened in Barcelona, according to Tradebike. Located at number 72 of Calle Consell de Cent, Gravel Planet Store has a showroom of 1,000 square meters and reflects some €2 million in investments. The objective is to be racking up annual sales of €5 million, ...
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News briefsFox Factory partners with Society of Women Engineers
Fox Factory, the U.S.-based manufacturer of mountain bike suspension systems, is to partner with the Society of Women Engineers (SWE). The partnership is intended to facilitate access to Fox’s summer internship program, the recruitment of engineers and provide professional development for current employees. “I am thrilled that our company has ...
