All Outdoor Industry Compass articles in Volume 15, Issue 2 – Page 4
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Article
Ironman Group realigns leadership structure
Florida-based The Ironman Group has announced the promotion of Stefan Petschnig to chief business development officer and Matt Wikstrom to chief partnerships officer, resulting in shifts in the management structure and several promotions. Petschnig’s successor is Thomas Veje Olsen, who has been promoted to SVP & managing director Europe, ...
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News briefs
Finisterre launches fully circular jacket with wool insulation
British brand Finisterre goes to market with Biosmock, a fully circular insulated jacket wearable as an insulation layer or stand-alone jacket. The product was recognized with an ISPO Gold Award in 2021 and is now available for consumer purchase. Utilizing HD Wool apparel insulation from non-mulesed British wool, PrimaLoft Bio ...
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Article
Nikwax publishes first sustainability report, announces CSR roadmap to 2025
Aftercare and waterproofing specialist Nikwax used last week’s Slide & OTS exhibition in the U.K. to unveil the findings of its first sustainability report. The company provided insight into some of the 20 projects it has committed to across the company to achieve its sustainability goals by 2025. The first ...
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News briefs
Travel and leisure show f.re.e in Munich canceled
Messe München, organizer of the travel and leisure show f.re.e, and the organizers of the Munich Auto Days, which are usually held simultaneously, have decided in consultation with the industry to cancel the events scheduled for Feb. 16-20, 2022. Messe München had held on to the event until the end, ...
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News briefs
Winners of OR’s fourth annual Innovation Awards
The winners of the fourth Outdoor Retailer Innovation Awards were announced Jan. 27, 2022, during the OR Snow Show in Denver, Colorado. Eddie Bauer’s new BC Flyline Jacket and Bib, developed in close collaboration with alpine sit-skier Trevor Kennison to meet the needs of adaptive skiers, were named Product of ...
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Article
TNF drives VF Corp.’s sales and outlook
VF Corp., the owner of brands such as Vans, The North Face and Timberland, cut its overall sales guidance for the financial year ending in March 2022 to $11.85 billion from a previous $12.0 billion, as it once again lowered the forecast for its Active segment, led by Vans, while ...
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News briefs
Tatonka supports employees affected by flooding in Vietnam
At the end of November 2021, heavy seasonal rainfall occurred in central Vietnam. The production facility Mountech Co. Ltd. operated by the German Tatonka GmbH since 1989, was only slightly affected, but approximately 60,000 houses in the entire surrounding area, especially in the provinces of Binh Dinh and Phu Yen, ...
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Article
Vaude reaches climate neutrality with all its products globally
Managing director Antje von Dewitz had already announced it last fall: her outdoor company Vaude, which has been actively promoting climate protection for years, achieved the goal set in 2019 of becoming climate neutral with all products manufactured worldwide on Jan. 1, 2022. The company’s headquarters in Tettnang, Germany, (with ...
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Article
Success for EOCA’s Green Friday fundraiser
Following the European Outdoor Conservation Association’s (EOCA) Green Friday weekend fundraiser at the end of November 2021, the association announced that nearly €57,000 had been raised, which will help support urgent conservation projects in 2022. “In the wake of the opening of COP15 in China last October and the ...
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News briefs
New managing director at Protest Sportswear
Source: Protest Wesley van Wijnbergen Wesley van Wijnbergen is the new managing director of the Dutch boardsports and lifestyle brand Protest Sportswear. He started his career as an intern at Protest in 2001 and was subsequently responsible for the retail, marketing, sales and e-commerce departments, among others. ...
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News briefs
OrthoLite celebrates 25th anniversary with record growth
U.S. brand OrthoLite is celebrating its 25th anniversary in 2022 after two consecutive years of record-breaking growth. 2021 was the best year in the company’s history despite Covid and supply chain issues, according to Glenn Barrett, OrthoLite’s founder and CEO. Barrett, a veteran of the footwear industry, founded OrthoLite in ...
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Article
Emerald releases first report on the North American B2B events industry for 2022
Emerald Holding, the New York-based organizer of Outdoor Retailer (OR) trade shows, among others, has released its first research report reflecting the changing expectations that are influencing and shaping the future of the business-to-business (B2B) events industry. The report will be published annually in the future, Emerald said. ...
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Article
VF Corporation receives top score in U.S. Corporate Equality Index
VF Corp. has received a top score of 100 in the Human Rights Campaign Foundation’s 2022 Corporate Equality Index (CEI), the leading benchmarking survey and report in the U.S. measuring corporate policies and practices related to LGBTQ+ equality in the workplace. VF joins more than 840 large U.S. companies that ...
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News briefs
Unifi profits pressured despite higher-than-expected sales
Unifi, Inc., a U.S.-based producer of recycled and synthetic yarns, saw sales in the second quarter of its fiscal year grow strongly, although rising labor and input costs squeezed profit margins. In the second quarter ended Dec. 26, sales increased by 23.7 percent from the year-earlier to $201.4 million, as ...
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News briefs
Messingschlager acquires long-standing U.S. partner Cycle Force Group
Effective Dec. 31, 2021, Europe’s leading bicycle accessories importer, Messingschlager GmbH & Co. KG, has acquired its long-standing U.S. partner Cycle Force Group, LLC. No information was given about the transaction price. Cycle Force Group and its distribution subsidiary North America Cycles have worked with the German importer for over ...
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Article
NYSE newcomer SSU increases sales despite supply bottlenecks for bikes, but falls short of expectations
Signa Sports United (SSU), the world’s leading sports e-tailer whose shares began trading on the New York Stock Exchange on Dec. 15, reported a 10 percent increase in total sales to €247 million for the fourth quarter of its fiscal year ending Sept. 30, 2021, despite supply shortages for bicycles. ...
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News briefs
FESI launches network to push circularity in the winter sports industry
The Federation of the European Sporting Goods Industry (FESI) has launched a joint initiative, the FESI Winter Sport Sustainability Network (FESI-WSN), to “increase the knowledge and cooperation on sustainability and circularity within the winter sports industry.” The network will be holding four annual meetings, with roundtable discussions involving industry experts, ...
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Article
Dometic’s top line boosted by M&A, optimistic about demand outlook
Dometic reported sales in the fourth quarter of 5,542 million Swedish kronor (€532.0m-$593.9m) , an increase of 32 percent on the previous year, as management expressed optimism on the demand outlook in coming quarters but warned about persistent clouds on the supply chain front. Sales growth at the Swedish specialist ...
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News briefs
Lycra launches insulation fiber made from textile waste
The Lycra Company’s Thermolite® EcoMade fiber, announced last April, which is made from 100 percent textile waste, is now available for insulation applications. The new thermal technology involves recycling textile waste from the tailoring process, which would otherwise end up in a landfill or be incinerated, and converting it into ...
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News briefs
Eddie Bauer offers first freeride outerwear for adaptive skiers
Source: Eddie Bauer BC Flyline Kit U.S. outdoor lifestyle brand Eddie Bauer has launched the BC Flyline Kit, the ski industry’s first outerwear set designed for sit-freeride skiers. The kit is specifically designed to meet the needs of adaptive skiers who participate in alpine skiing with a ...