All Outdoor Industry Compass articles in Volume 15, Issue 2
View all stories from this issue.
-
News briefsRelaunch for Slackline Industries
Slackline Industries, a brand created in 2014 by Canaima Outdoors Inc. in Boulder, Colorado, and acquired in early 2020 by Montréal, Québec-based distributor In-Sport Fashions, has unveiled a revamped look to revive the hype around slacklining and “have more people reaching for that slackline kit.“ The sport, initially invented by ...
-
PDF NewsletterOutdoor Industry Compass: Vol 15 - No 2
TNF drives VF Corp.’s sales and outlook | Fenix reports records for Q4 thanks to sales increase and despite Omicron hit | Columbia exceeds forecast, driven by DTC | Vista Outdoor raises guidance after record Q3 | Calida completes sale of Millet Mountain Group | U.S. investor to buy Accell Group | Haushofer appointed project director for ISPO shows, Gröber back as head of ISPO | NYSE newcomer SSU increases sales despite supply bottlenecks for bikes, but falls short of expectations | Canada Goose cuts guidance as sales, retail traffic disappoint | Shimano with a strong year, but slowing down | Vaude reaches climate neutrality with all its products globally | RevolutionRace keeps up sales momentum | Nick Brown passes on ownership of Nikwax and Páramo to employees | Mips Q4 net sales rise despite supply constraints & China factory slowdowns | Thule sees continued sales growth while margins are squeezed by higher costs | Johnson Outdoors sees strong orders, Q1 sales slip amid supply chain disruptions | Deckers expects 19-20% growth for the fiscal year | Dometic’s top line boosted by M&A, optimistic about demand outlook | Chiruca broke its sales record in 2021 | Pon.Bike invests in third European production facility in Lithuania | Isbjörn of Sweden to change ownership | Woom Bikes with new management | Vaude prototypes circular TPU backpack with 3D printed backpanel | Arc’teryx and Ortovox unite forces for new avalanche airbag system | Jack Wolfskin with strategic repositioning aimed at global expansion, customer centricity and sustainability | EOG Partner Page
-
News briefsGoldwin forecasts decline in operating income of 5.7%
Goldwin, the Japanese company whose brand portfolio includes territorial trademark rights or licenses for some western sports brands, is currently forecasting a 5.7 percent drop in annual operating earnings to 14 billion yen (€107.6m) for the 12 months ending March 31, 2022. Annual revenues are predicted to rise by 10.5 ...
-
ArticleCanada Goose cuts guidance as sales, retail traffic disappoint
Canada Goose cut its guidance for the full year, citing lower-than-expected revenues and retail traffic in EMEA and APAC regions in the ongoing fourth quarter of its financial year due to new restrictions imposed in the wake of outbreaks of the Omicron coronavirus variant. The company now expects to post ...
-
ArticleMips Q4 net sales rise despite supply constraints & China factory slowdowns
The Swedish helmet safety technology provider Mips reported a 41 percent rise in net sales during the fourth quarter, despite supply chain constraints and power restrictions on factories in China. The specialist in “brain protection” said net sales for the three months to Dec. 31 rose to 198 million Swedish ...
-
News briefsOrtovox expands its management team
Stefanie Rieder-Haas and Michael Sieber have joined the management team of German outdoor company Ortovox, effective Jan. 1. Christian Schneidermeier remains the sole managing director. Along with the personnel change, however, Ortovox is restructuring internally in order to adapt processes to the changing market conditions. The result are three new ...
-
News briefsShimano acquires minority stake in Get Bike Service
The Dutch start-up Get Bike Service (GBS) has received a cash injection from Shimano. The amount was not disclosed, only that the Japanese company now holds a minority stake in GBS. GBS says it is “the largest independent service provider in Europe and focuses on the maintenance and repair of ...
-
News briefsBach to launch tents and outdoor furniture this summer
The Swiss company Bach Backpacks changes its name to Bach Equipment: by acquiring product lines and production details from the Dutch brand Nigor and integrating its design team, the company is now expanding its portfolio to include tents and furniture. According to Bach, even its expertise in backpack design and ...
-
ArticleArc’teryx and Ortovox unite forces for new avalanche airbag system
The new LiTric unit The result of a joint research and development project, the Canadian brand Arc’teryx and the German brand Ortovox have introduced LiTric, a new electronic avalanche airbag system for winter 22/23 that will be used in a line of different touring and freeride packs ...
-
ArticleDalbello launches first Reboot ski boots made from recycled plastics
Green Gaia Dalbello, part of the MDV group of companies (with Marker and Völkl), is launching the Green Menace and Green Gaia for the 2022/23 winter season, two new ranges of eco-friendly ski boots built from recycled plastics as part of the brand’s Reboot project. The material ...
-
ArticleThule sees continued sales growth while margins are squeezed by higher costs
The Swedish-based Thule Group saw sales rise by 15.0 percent in the fourth quarter of 2021 to 1,846 million Swedish kronor (€177.5m) as demand for its outdoor products remained strong. However, margins were squeezed by “significant” cost increases compared to the year earlier. On a currency-adjusted basis, sales went up ...
-
News briefsUTMB World Series adds three events to 2022 calendar
UTMB Group and The Ironman Group, the organizers of the UTMB World Series, have confirmed a final calendar of 25 events across 16 countries in Asia, Oceania, Europe, and the Americas for this year. The 2022 calendar includes three new events: Transvulcania by UTMB in Spain, Kullamannen by UTMB in ...
-
News briefsLa Sportiva posts 28% sales increase despite Covid-19 uncertainty
La Sportiva has seen its revenues jump by 28 percent in 2021 and anticipates another 10-15 percent increase in 2022. The positive performance, which widely exceeded the company’s expectations, was primarily attributed to investments in advanced technologies and digitalization. To thank its staff for the outstanding result, the company’s board ...
-
ArticleFenix reports records for Q4 thanks to sales increase and despite Omicron hit
Fenix Outdoor International has reported record fourth-quarter earnings driven by surging sales in its Frilufts segment and the delivery of goods delayed in the previous three months from the Brands division. The company said net sales for the three months to December 31 rose by 33 percent to €196.5 million ...
-
ArticleShimano with a strong year, but slowing down
Shimano’s consolidated revenues went up by 44.6 percent to 546.3 billion yen (€4.14bn) in the financial year ended Dec. 31, recovering from a mere 4.1 percent of growth in the previous year. Still, the company is guiding for an increase of only 6.1 percent in 2022. The group’s operating earnings ...
-
News briefsDarts will distribute Big Bite Baits in Scandinavia
Big Bite Baits has announced an exclusive distribution agreement with Darts of Sweden for Scandinavia. Darts will be responsible for all sales and marketing of Big Bite branded products in Sweden, Finland, Norway and Denmark. Based in Eufaula, Alabama, Big Bite offers a wide range of plastics and jigs for ...
-
News briefs
British retailer Ardblair Sports recruits Hanwag brand manager
Ardblair Sports Importers Ltd, the British distributor of Leki and Aku, has hired Chris King to replace sales manager Lilian Sullivan, who will leave the company on March 31. King joins from Fenix Outdoor UK Ltd, where he was Hanwag brand manager for the U.K. He will report to Kirsten ...
-
ArticleHigg launches new social benchmarking solution
Higg has released new benchmarks for social and labor performance in consumer goods manufacturing. The sustainability insights platform is the first to offer full performance measurement for manufacturing facilities in the areas of carbon, water, waste and now labor conditions. Most ESG solutions to date only provide benchmarks for specific ...
-
News briefsArtilect ignites next stage of A/SYS clothing system
After starting its premiere season fall/winter 2021/22 with its A/SYS-1 and A/SYS-2 clothing system styles, i.e. base layers and next layers (midlayers), the newcomer brand Artilect from Boulder, Colorado, is now following up with the product groups A/SYS-3 to A/SYS-5 for fall/winter 2022/23: insulayers, breathable vapor layers and weatherproof mission ...
-
News briefs
Dutch camping specialist Obelink wants to become a marketplace
Retailtrends.nl reports that camping outfitter Obelink has just opened its online shop to third-party suppliers from the Netherlands, Belgium and Germany, becoming the first specialized camping and outdoor marketplace. In addition to its web store, the retailer, which was founded in 1960, also operates a megastore with around 72,500 square ...
