All Outdoor Industry Compass articles in Volume 15, Issue 2 – Page 6
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News briefsHohenstein and Presize cooperate to reduce textile returns
Hohenstein, a German provider of textile testing and a founding member of Oeko-Tex, has joined forces with digital pioneer Presize to offer an all-around service that ranges from size chart creation to digital scaling for automated size recommendations in online stores. The combination of classic size charts, reliable fit and ...
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News briefs
Gear Aid buys Heroclip carabiner line from Lulabop
Gear Aid Inc., a Washington-based manufacturer and distributor of outdoor gear care and repair products, acquired the Heroclip® swivel carabiner product line from Lulabop Inc., also from Washington. The new product is meant to strengthen the fast-growing line of Gear Aid Adventure Tools™. Gear Aid’s affiliate company McNett Europe ...
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ArticleU.S. investor to buy Accell Group
The bicycle industry continues to boom and is therefore increasingly targeted by investors. Dutch Accell Group N.V. and a consortium led by U.S. financial investor KKR (Kohlberg Kravis Roberts), which includes Accell’s major shareholder Teslin, announced today that a conditional agreement has been reached for a recommended public offer by ...
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Short stops
Short Stops Week 4, 2022
EXECUTIVE CHANGES +++ Andreas Dempf will assume global responsibility as head of sales and customers for the Mobility Solutions business sector of Robert Bosch GmbH on Feb. 1 +++ John Collins, former head of Patagonia’s global revenue division who began his retail career with the company in 1996, has been ...
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ArticleSelle Royal Group plans to list on the Milan Stock Exchange
Another bicycle company appears to be preparing its initial public offering. According to various media reports in Italy, bicycle saddle and component manufacturer Selle Royal S.p.A. (also known as Selle Royal Group) has announced plans to aim for the Milan Stock Exchange. According to international news agency Reuters, the holding ...
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ArticleReview: Slide/OTS Winter trade show 2022
The British Snowsport Tradeshow happened in central England last week, on the Welsh border, to allow relatively easy travel for everyone to reach the event. Building on previous events, the exhibition had also combined with the Outdoor Industry Association (OIA), so those outdoor brands had a chance to demonstrate their ...
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ArticleDeuter pushes ahead with climate strategy
Under the motto “Changing for the better means taking responsibility” – part of the Deuter Promise, which calls for 360-degree responsibility – German backpack and sleeping bag manufacturer Deuter is launching a new sustainability strategy. One of the six fields of action anchored within addresses climate protection – with the ...
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News briefsWFSGI appoints new head of cycling
Source: WFSGI Michelle Smyth The World Federation of Sporting Goods Industries (WFSGI) welcomes Michelle Smyth as its new Head of Cycling. She replaces Mark Barfield, who has held the role, previously called “Head of Bicycle,” since 2018. WFSGI renamed the position as it better describes Smyth’s new ...
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ArticleEastman to invest up to $1 billion in plastics recycling facility in France
French President Emmanuel Macron and Mark Costa, Eastman Chemical Company’s board chairman and CEO, jointly announced on Jan. 17 that the U.S.-based specialty materials company plans to invest up to $1 billion in a material-to-material molecular recycling facility in France. The facility would use Eastman’s polyester renewal technology to recycle ...
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News briefsClimatePartner is teaming up with sustainability network Uno Ino
ClimatePartner, a company for calculating CO2 emissions, developing reduction strategies and offsetting emissions, has started working with Uno Ino, a network headquartered in Nuremberg, Germany, founded in 2020 to anchor sustainability in the core business and core values of companies, organizations and society. By bringing together management consulting experts, sustainable ...
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ArticleThe first winners of the 2022 ISPO Awards
ISPO Group has announced the first winners of its revamped ISPO Awards. The modernized version of the award show, which – in its previous form – has been part of ISPO since 2011, will now be presented throughout the entire year and judged by a jury comprising members of the ...
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ArticleGOA reports 29 percent growth at U.S. specialty independent outdoor retail in 2021
The independent U.S. retail organization Grassroots Outdoor Alliance (GOA) has released sales data showing a significant increase in holiday season sales and a record-breaking two-year sales increase. Compared to 2020, Grassroots members – currently, a total of 99 independent retailers across 196 locations – in the U.S. saw a 29 ...
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News briefsReima cooperates with designer Klaus Haapaniemi
Finnish kidswear brand Reima has launched its first designer collaboration capsule, created by graphic artist Klaus Haapaniemi, who is best known for his colorful designs inspired by Finnish folklore. With this collection, Reima (being a pure outdoor clothing brand to date) also premiers as a children’s indoor apparel brand. The ...
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ArticleIt’s Great Out There Coalition calls for applications for 2022 grant program
The It’s Great Out There Coalition (IGOT), an international nonprofit registered in Brussels and set up and launched by the European Outdoor Group (EOG), has announced details of the first round of #itsgreatoutthere grants for 2022. This year, the coalition will again use its Outdoor Activity Days (OAD) model to ...
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News briefsBergfreunde leads ranking of Germany’s climate-conscious companies
In their ranking of “Germany’s climate-conscious companies,” the market research company Statista and the business magazine Capital have named the online specialist retailer Bergfreunde the company with the strongest climate awareness in Germany, based on data from over 2,000 German companies. The analysis focused on the question of which companies ...
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News briefsSRAM Group expands portfolio with acquisition of Hammerhead
The U.S. bicycle component manufacturer SRAM Group has purchased another brand, the bicycle computer manufacturer Hammerhead, which will remain an independent brand in the group’s portfolio. The transaction was already completed on Dec. 30, 2021, but has only now been officially announced. No details were given about the sales price. ...
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ArticleKent Outdoors acquires Kona Bicycles
Since its beginnings just over 34 years ago, Vancouver, B.C.-based bicycle manufacturer Kona Bicycles says it has “evolved from a small business in the Pacific Northwest to a far-reaching global brand.” On Jan. 19, the Canadian company announced that it has joined U.S.-based Kent Outdoors (formerly Kent Watersports) “to compete ...
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News briefsEquip reports successful trial run of polybag recycling project
Source: EOG/Rab U.K. outdoor brands Rab and Lowe Alpine (owned by Equip Outdoor Technologies Ltd.), together with the European Outdoor Group (EOG), have presented the first results of their polybag recycling project, conducted as part of the EOG’s Single Use Plastics (SUP) project. In this test run, ...
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News briefsPolygiene acquires manufacturer of antimicrobial additives
Polygiene AB, through the indirectly wholly-owned subsidiary Addmaster (UK) Limited , has entered into an agreement to acquire the business related to SteriTouch from the privately-owned company Radical Materials Limited. The purchase price amounts to a total of approximately €4.2 million, where approximately €3.8 million is paid in cash and ...
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News briefsOsprey opts for recycled fabrics for new fall 2022 styles
For Fall 2022, backpack specialist Osprey announced a shift to 100 percent recycled fabrics in the main bodies of all new SKUs introduced for the fall 2022 line. According to a company release, this move reduces Osprey’s impact by 30 to 40 percent compared to using virgin materials. For Fall ...
