All Outdoor Industry Compass articles in Volume 15, Issue 11 – Page 4
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ArticleVSSÖ announces foundation of new industry interest group ARGE Outdoor
According to the association of sporting goods manufacturers and sports equipment suppliers of Austria (VSSÖ), the outdoor sector has developed into a year-round business area for the sporting goods industry and specialist sports retailers in Austria over the past two years. From September 2021 to August 2022, the Austrian outdoor ...
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News briefs66°North opens European flagship in London
66ºNorth has opened a retail store in the heart of London’s West End, on Regent Street. The 3,500-sqm store also serves as the brand’s European flagship. It is the first store of the Icelandic outerwear brand outside of Iceland and Denmark. 66° North recently opened a pop-up store in London’s ...
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ArticleOnly 5% of companies understand their impact on nature, new study reveals
The World Benchmarking Alliance (WBA) has just published its first-ever “Nature Benchmark,” a study that measures how companies are reducing their negative impacts on nature and contributing to the protection and restoration of ecosystems. The study found that only 5 percent of the companies reviewed to understand their impact on ...
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News briefsLectra acquires majority of SaaS provider TextileGenesis
Paris-based company Lectra has announced the signature of an agreement to acquire 51 percent of the capital and voting rights of the Dutch company TextileGenesis, a Software as a Service (SaaS) platform for sustainable material traceability that is also partnering with the Textile Exchange and the Cotton Trust Protocol, as ...
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ArticleSAC launches new industry-wide decarbonization program
The Sustainable Apparel Coalition (SAC) has launched a new industry-wide decarbonization program to support and drive the sector toward achieving the necessary emissions reductions. The agenda focuses on collaboration, supporting members, and providing tools and guidance to enable the achievement of these goals. According to SAC, the program is designed ...
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News briefsAdvanced Clothing Solutions receives B Corp status
U.K. textile fulfillment company Advanced Clothing Solutions (ACS) is now B Corp-certified, scoring 150.9 points after being assessed in several categories, including governance, workers, community, customers and environment. The Glasgow-based company, founded in 1997, offers a logistic platform for rental, resale and returns. ACS has just been welcomed as a ...
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Short stops
Short Stops Week 50, 2022
PRODUCT & MARKETING +++ French sustainable apparel brand Picture announced the addition of skier Chris Rubens and snowboarder Timmy Taussig – both from Canada – to their team of athletes, also called the Picture Family +++ The North Face has welcomed New Zealand freeride skier Ben Richards to its Australia ...
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ArticleJohnson Outdoors starting to see some supply chain relief
Johnson Outdoors, which began to experience some easing of supply chain availability in its fishing business in the fourth quarter, reported a 39 percent increase in net income to $9.7 million from $6.9 million for the period ended Sept. 30. Operating profit, however, slipped 2.0 percent to $13.3 million from ...
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ArticleSchwalbe receives 20.000 used bike tires from German retailer for recycling
Ingo Ruhland, a Bavarian bike retailer, has collected used tires in his basement for the last 23 years, waiting for a viable recycling option to develop. Over time, roughly 20,000 tires piled up at his place in Freising near Munich. Now that Schwalbe has developed a scalable recycling process together ...
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News briefsThe Canyons Endurance Runs selected as the first UTMB World Series Major in the U.S
The Canyons Endurance Runs by UTMB has been announced as the first-ever UTMB World Series Major to be hosted in the U.S. The event, which is scheduled for April 28-29, 2023, in Auburn, California, gives all finishers additional opportunities to qualify for the UTMB World Series Finals, held at UTMB ...
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News briefsScarpa’s cataloged and stored production scraps make a new ski boot
Scarpa has launched a version of its Maestrale alpine-touring ski boot made entirely from production scraps saved from its ski boot manufacturing operation. The Maestrale Re-Made is manufactured using a polymer derived from roughly three tons of manufacturing scraps that Scarpa has recovered since it began storing and cataloging its ...
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ArticleWolverine to divest Keds and leather business, announces staff reductions
Driven by a focus on increasing long-term shareholder value, Wolverine Worldwide is divesting or licensing its Keds brand and Wolverine leather business segments and is initiating an unspecified headcount reduction. The staff cuts are projected to result in approximately $30 million in savings for the company in 2023, and the ...
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News briefsSecond-hand gear platform Rerouted offers a new subscription model
American second-hand online platform Rerouted Co. is rolling out a new service level for users of its gear and clothing resale marketplace. The new Rerouted Ultra eliminates shipping costs and commission fees and includes monthly seller tips and unlimited buying and selling support for the entirety of 2023. 500 Rerouted ...
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News briefsDeuter partners with Atlat to introduce a digital complaints system for Vietnamese workers
Deuter has partnered with Munich-based startup Atlat on a digital complaints system designed to strengthen the rights of workers in Vietnam. The project, which will start in factories in Ho Chi Minh, aims to give workers an accessible grievance channel and Deuter a direct link to its overseas workers. Using ...
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News briefsArtilect goes to market with Allied Feather + Down ExpeDry down treatment
With U.S. brand Artilect as a launch partner, Allied Feather + Down (AF+D) is introducing its new ExpeDry treated down quality to the market. The new, gold-based nano-treatment has been developed together with Fuze Biotech, a company specializing in chemical-free textile enhancements. According to AF+D, the technology helps to reduce ...
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ArticleBicycle business faces first major hurdles after pandemic surge
At ISPO Munich 2022, OIC spoke with representatives of Taiwanese sporting goods exhibitors about their counterparts in the bicycle industry and found out that fear is creeping into the business – not only among manufacturers in the Far East, but also among Western bike suppliers and their IBD partners. Read here why the industry is extremely worried.
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ArticleRose Bikes continues double-digit growth in 2021/22
DTC provider Rose Bikes GmbH achieved total sales of €174 million in its 2021/22 fiscal year ending Oct. 31. Compared to the previous year, this is an increase of 17 percent. What the Bocholt-based company is particularly proud of is that, despite bottlenecks in the supply chain, sales of complete ...
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ArticleEquip regaining independence, announcing management changes
Fundamental changes to the Equip Outdoor Technologies UK Ltd. (Equip) company structure: the parent company of Rab and Lowe Alpine announced a multi-million BP financing package with British bank HSBC UK. The financial backing aims to enable Equip to repay investors, including long-time partner Mobeus VCTs, which is advised by ...
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News briefs66° North launches James Merry collaboration capsule
James Merry, an artist living in Iceland and known for his artful hand-embroidered upcycling apparel as well as his highly imaginative masks and eccentric headdresses for singer-songwriter Björk, has designed a capsule collection for the Icelandic brand 66° North. The flower featured in his design is the Arctic fireweed (“Eyrarrós” ...
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News briefsHeiQ and The Lycra Company introduce new stretch treatment for cotton
Swiss company HeiQ and The Lycra Company have introduced the Lycra NaturalFX technology, a textile finishing liquid for mass market applications to cotton knit (100 percent cotton or cotton-rich) fabrics. Developed within the collaboration announced in July 2021, it brings the companies’ joint expertise to the global textile value chain ...
