All Outdoor Industry Compass articles in Volume 15, Issue 3 – Page 4
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News briefsNemo launches consumer-facing Adventure Resources edutainment portal
U.S. brand Nemo has created a new platform within its website to interact and educate consumers in an inclusive manner and reduce barriers to accessing outdoor activities. The ”Adventure Resources” landing page launch is coordinated with the premiere of Nemo’s new website and an internal, business-guiding “Impact Compass”. Its resources ...
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ArticleOrthoLite launches fully compostable midsole foam Cirql
Insole specialist OrthoLite and Vietnam-based material solutions company Cirql have launched a plant-based biopolymer foam that is EVA plastic-free, recyclable, compostable and comes with an end-of-life solution. The new OrthoLite Cirql sole offerings have their own website and claim to be the critical solution for true circularity within the footwear ...
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ArticleSustainable apparel brand Ecologyst partners with Indigenous Tourism BC
Indigenous Tourism BC (ITBC), a non-profit organization working to expand and promote sustainable, culturally rich Indigenous tourism in British Columbia, Canada, and sustainable apparel brand Ecologyst announced the formation of a partnership aimed at educating consumers about better ways of living, which includes a commitment to Slow Fashion and Slow ...
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News briefsVibram expands athlete teams in U.S. and Europe
With the aim to build up deeper relationships with local sports communities and get insights on specific equipment needs, sole specialist Vibram has expanded both its European and U.S. athletes teams. Most of the new entries are U.S. runners: Meredith Edwards, Amber Febbraro, Alyssa Clark, Abby Jahn and Corbyn Jahn. ...
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ArticleStatement by EOG: A call to the outdoor industry to support Ukraine
Media statement by the European Outdoor Group The core purpose of the European Outdoor Group is to promote and lead on pre-competitive cooperation in the outdoor industry, with actions that are for the betterment of people and the planet. Underpinning all of this is a commitment to mutual respect and ...
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ArticleRossignol Bikes celebrates global launch of completely new product range
After a rapid restructuring period at Groupe Rossignol SA that included the sale of bicycle product suppliers Time and Felt Bicycles, the French winter sports giant is now focusing entirely on its own Rossignol Bikes brand, founded in 2017, within the bike segment. On March 1, the French company announced ...
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News briefsRapala begins buyback of its own shares
The board of directors of the Finnish tackle company Rapala VMC Corporation has decided to start buying back a maximum of 250,000 of the company’s own shares, representing approximately 0.64 percent of all shares, in accordance with the authorization granted by Rapala’s AGM on March 25, 2021. The maximum number ...
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ArticleOdlo acquires Janus, moves wool production to Norway
Odlo International AG, the Swiss company with Norwegian roots, has reached an agreement to acquire 100 percent of the shares in Janus Holding AS. Janus, founded in 1895, is Norway’s largest and oldest manufacturer of wool underwear and the only remaining company producing wool products on a large scale in ...
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ArticleMountain Hardwear expands its leadership team
Mountain Hardwear, a wholly-owned subsidiary of Columbia Sportswear Company, has announced three internal promotions, including a new vice president of product line management and merchandising, and two new hires. In 2021, Mountain Hardwear experienced tremendous growth over the past year, including a 33 percent increase in net sales and a ...
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News briefsKeen to donate cash and supplies for Ukrainian refugees
Keen has pledged to donate, through the Red Cross and Global Giving, €50,000 in cash and products in support of refugees fleeing to Poland, Slovakia and Hungary to evade Russia’s recent invasion of Ukraine. The Oregonian company has in addition teamed up with distributors in Poland and Czech Republic, MM ...
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News briefs
Supply bottlenecks in German retail sector worsen again; cycling products particularly affected
According to a survey by the research institute Ifo, supply problems in German retail have worsened again in February. In February, 76.3 percent of overall retailers said they did not receive all the goods they ordered. A month earlier, the figure was 57.1 percent. The situation is particularly tight for ...
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ArticleBrompton plans new headquarters and factory in Kent
According to information on Ashford City Council’s website, local folding bike company Brompton Bicycle Ltd. has submitted a development request for a new corporate headquarters facility, including a new factory, in the city of Kent in southeastern England. On Feb. 24, the proposals for the new factory were approved in ...
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News briefsLaudes Foundation launches Transparency in Action portal
One week after the presentation of the European Commission’s draft Directive on Corporate Sustainability Due Diligence, the Laudes Foundation has launched the new Transparency in Action portal to help fashion brands around the world understand the role of transparency in the process. The free, industry-focused platform is designed to help ...
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News briefsSiegwarth hands over operational management of Ortlieb
After four years, Jürgen Siegwarth has handed over the reins of Ortlieb Sportartikel GmbH to Martin Esslinger at the end of February. The realignment of the German manufacturer of outdoor equipment, which was initiated by company founder and managing partner Hartmut Ortlieb in 2017, was decisively shaped by Siegwarth during ...
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Short stops
Short Stops Week 9, 2022
PRODUCT & MARKETING +++ After a successful pilot project in Germany, the French mountain sports specialist Millet wants to expand its “Trails” program for the 22/23 season by helping to sponsor more dedicated ski touring routes in destinations throughout the GAS region +++ Swedish DTC outdoor company RevolutionRace has expanded ...
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News briefsClimatePartner expands Swiss team
The Swiss subsidiary of climate protection company ClimatePartner is further expanding its business structures in Zurich. With two experts for sustainability, climate protection and customer management, the areas of sales and customer support will be strengthened. Vanessa Müller will lead the sales team for commercial sustainability, and Guido Gabriel will ...
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ArticleNew website greenwash.com aims to unveil false promises on specific products
During the London Fashion Week 2022, The Changing Markets Foundation and activists network Extinction Rebellion launched greenwash.com, a new platform to highlight greenwashing in the fashion and sports industries. The website aims to offer a transparent and objective valuation of the green promises made on specific products with the “wash ...
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ArticleUSWE reports net sales growth of 119% in Q3
Swedish USWE Sports AB, founded in 2007 and listed on the Nasdaq First North Growth Market since June 2021, reported net sales of SEK 23.3 million (€2.19m) for its third quarter (ended Dec. 31, 2021), up 119 percent from SEK 10.7 million (€1.01m) in the year-ago period. Operating income before ...
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ArticleCompass Diversified foresees slower growth in 2022, postpones 5.11 IPO
Compass Diversified (CoDi), citing supply chain and inflationary issues and lower year-over-year demand for products within its Velocity Outdoor rifle, crossbow and ammunition business, is forecasting a temporary slowdown in its 2022 growth rate that will likely be lower than its long-term growth rate target. Also, the Connecticut-based company, whose ...
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News briefsFox Factory easily passes $1 billion sales mark in 2021
Despite Covid-related production outages at some OEM customers, suspension specialist Fox Factory Holding Corp. posted a 45.9 percent increase in sales in fiscal 2021 to $1.299 billion (€1.15bn). Bicycle products alone accounted for 44.6 percent of total sales. With these good sales figures under its belt, the U.S. company also ...
