All Outdoor Industry Compass articles in Volume 15, Issue 11 – Page 5
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News briefsBrompton celebrates millionth folding bike, kicks off marketing campaign
47 years after its invention, U.K. folding bike manufacturer Brompton Bicycle Ltd. is celebrating the one millionth folding bike to roll out of its London factory. The Brompton bike with serial number 1,000,000 and the signatures of inventor Andrew Ritchie and current CEO Will Butler-Adams will be on the road ...
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News briefsLenzing Group and Renewcell sign large-scale supply agreement
Austrian specialty-fibers manufacturer The Lenzing Group and Renewcell, the Swedish textile-to-textile recycling company, have signed a multi-year supply agreement. According to Renewcell, the agreement provides for the sale over five years of 80,000 to 100,000 tons of Renewcell’s 100 percent recycled textile Circulose dissolving pulp to Lenzing, for use in ...
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News briefsYKK releases latest figures on its drive to climate neutrality
YKK Corporation has released a second annual “Sustainability Journal” as part of its annual integrated report, This is YKK 2022. Both documents aim to show YKK’s progress towards achieving climate neutrality by 2050, in accordance with the YKK Sustainability Vision 2050, as previously reported. In addition to financial data, This ...
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News briefs
Anta is weighing up IPO of Amer Sports
Anta Sports is considering an initial public offering (IPO) of Amer Sports, Bloomberg has reported, drawing its information from people familiar with the matter who asked not to be identified. Amer Sports includes brands like Wilson, Arc’teryx, Salomon, and Atomic. The company and its co-investors are holding preliminary negotiations with ...
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News briefsKappahl picks SaaS company TrusTrace as its traceability solution
SaaS company TrusTrace, based in Stockholm and Coimbatore, India, has announced that the Swedish apparel brand Kappahl has selected the TrusTrace platform for product traceability and supply chain transparency as its traceability solution. According to the company, the partnership aims to strengthen Kappahl’s sustainability initiatives and provide it with the ...
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ArticleSilva acquires Primus, Fenix Outdoor remains distribution partner for select markets
Swedish outdoor equipment company Silva, which was acquired by equity investor Verdane in 2021 with decisive expansion plans, has acquired 100 percent of the Primus AB shares from Fenix Outdoor (which also sold its brand Brunton at the end of last year). Source: Primus Both Silva ...
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ArticleBizness Enabler opens own DTC online shop
After opening the retailer-focused online portal named Bizness.eu to sell its distributed brands online, German company Bizness Enabler GmbH has launched My-brand-shop, a new DTC portal operating Europe-wide. In the shop, the Munich-based company offers its distributed brands like BioLite, LifeStraw, Matador and Full-Windsor, as well as Selk’bag (starting in ...
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News briefsLenzing Ecovero reaches production milestone
Lenzing Group, the Austria-based producer of wood-based specialty fibers including Tencel, Lenzing, and Ecovero, has announced that the production of its Ecovero-branded viscose fibers has reached over 300,000 tons since the brand’s launch in 2017. While celebrating this milestone, the company added that it is looking at even higher capacity ...
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News briefsAccapi launches sustainable technical underwear for winter sports
Accapi, the Italian specialist in technical garment, is introducing a new line of sustainable technical underwear for winter outdoor sports. The new eco-friendly underwear line, dubbed Ergocycle, is made with Repetita, a yarn obtained from plastic bottles. The Ergocycle line includes high-performance pants and long-sleeved shirts. Accapi is headquartered in ...
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News briefsSpecialized acquires S’Escapada stores in Mallorca
Specialized has acquired the three S’Escapada bicycle stores in Palma de Mallorca, CMD Sport reported. The financial details of the transaction have not been disclosed. Following this acquisition, Specialized now has a total of 20 stores in Spain. In February 2021, Specialized signed a sponsoring agreement with the football team ...
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ArticleCypad Group acquires majority stake in Pasasport
Since the entrance of the investor PM&Partners SGR S.P.A. in the Italian company Cytech S.r.l. (Cypad Group), which claims to be the world’s leading group for the production of seat pads in sportswear (cycling shorts, etc.) and glove pads, the focus has been on growth. Together, the companies have launched ...
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News briefsRecord number of applications for Fjällräven Polar 2023
Interest in the adventure event Fjällräven Polar has always been high, but the response to Fjällräven Polar 2023, which had to be paused for two years due to the pandemic, exceeded all expectations, the Swedish outdoor company Fjällräven said when it announced the winners of a spot in this 300 ...
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News briefsNew Zwift co-CEO comes from Amazon
Zwift founder Eric Min announced that he will share CEO duties with former Amazon executive Kurt Beidler as co-CEO going forward. Min, who has been CEO of Zwift since its inception in 2014, will remain chairman of the company’s board of directors. Beidler spent 17 years at Amazon, most recently ...
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ArticleVF seeks new permanent CEO following Rendle’s decision to step down
Source: VF Corp. Benno Dorer, interim president and CEO of VF, effective immediately VF Corp. announced that Benno Dorer, lead independent director of the VF board of directors, has been appointed interim president and chief executive officer, effective immediately. Richard Carucci, who has served on the board ...
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Short stops
Short Stops Week 49, 2022
RETAIL & DISTRIBUTION +++ A collection of Tretorn rain boots has gone on sale at Zara stores in 70 countries, with prices ranging from €129 to €149 +++ Panorama Diffusion is the new distributor of the Chillaz brand in Italy TRADE SHOWS & EVENTS +++ The 18th Dynafit ...
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ArticleBluesign ISPO panel talk: A call for cross-industry cooperation and harmonized methods
The ISPO Munich 2022 panel talk “Bluesign – enabling a better future: a vision for sustainability” was all about the need to harmonize data and cooperate in order to speed up improvements along the whole textile supply chain. Antje von Dewitz (Vaude), Eva Karlsson (Houdini), Kilian Hochrein (W.L.Gore) and Kutay ...
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News briefsGlobetrotter adds Dometic products to assortment, plans to expand partnership
Besides the mobile coolers it is already carrying, Globetrotter has added more Dometic products to its online presence, with plans to expand the offerings. According to Dometic, the retailer will widen the brand’s selection within the coming months, aiming to be fully stocked for the start of the 2023 camping ...
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ArticleClassified Cycling closes €22 million financing round
Bicycle components newcomer Classified Cycling has successfully closed another round of financing. With the entry of new investors, €22 million were flushed into the Belgian company’s coffers. With the cash injection, raised under the leadership of investment firm Active Partners, Classified aims to “revolutionize the bicycle and e-bike market with ...
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ArticleSuccessful return of ISPO Munich, new concept offering potential for the future
With so much to be said about ISPO and the industry, we’ve gathered some of the comments which capture the mood of ISPO Munich 2022.
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News briefsSlide & OTS Winter announce sustainability breakfast
The organizers of Slide & OTS Winter have announced the second Sustainability Breakfast on on Jan. 11 for the 2023 winter edition of the show in the Newport Suite at Telford International Centre. Sponsored by Equip brands Rab and Lowe Alpine, all exhibitors and show attendees are invited to register ...
