All Outdoor Industry Compass articles in Volume 15, Issue 4
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Outdoor Industry Compass: Vol 15 - No 4
Outdoor and bike industry stocks fall nearly 18% in Q1 | Date for European Outdoor Summit 2022 confirmed | Geopolitical situation puts pressure on the bicycle market | Fenix Outdoor sees bright start to 2022 | KMD Brands aims to return to growth in second half | Giant Group achieves another annual record | Gregory grew by 16.2% in 2022 | Leatt ends 2021 with record sales and record profits | Top results for Bike24, yet disappointing for investors? | Pierer Mobility’s annual report confirms record growth | Lenzing with strong fiscal 2021 | Jornet and Camper launch new trail running brand NNormal | Frasers Group hires managing director for cycling | Callaway highlights Jack Wolfskin in sustainability report | SSU invests in bike subscription service Buzzbike | American Outdoor Brands shifting focus | + EOG Partner Page (p. 11)
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Article
Outdoor and bike industry stocks fall nearly 18% in Q1
Our quarterly analysis of the outdoor stock market shows a 17.84 percent sequential decline in the average stock prices of 31 public companies primarily involved in the outdoor and bicycle sectors between Jan. 1 and March 31. Broader market conditions weighed on the sector, which had posted stock price increases ...
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Article
Retailer Bergzeit invests in community electricity, gets support from Patagonia
A panel discussion in March at the retailer’s company headquarters made it clear what a contribution to the energy transition can look like and how important it is.
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News briefs
Schöffel adds new workwear brand to portfolio
The German family-owned company Schöffel has launched a new business: Schöffel Pro is dedicated to corporate wear and workwear, fully customizable and ready for branding. The company aims for the upper segment of the market, especially in crafts and outdoor-related professions. Schöffel has set up a separate website for Schöffel ...
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News briefs
Pelican with new head of international business
Source: Pelican Products Piero Marigo Pelican Products, a U.S.-based manufacturer of protective cases, has promoted Piero Marigo to president of international business, effective March 30. In his new role, he reports directly to CEO Phil Gyori. Marigo joined Pelican Products in 2010 as managing director for the ...
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News briefs
"This Is Home:" Merrell announces multi-year sustainability commitment, starting in the U.S. and Canada
Merrell has unveiled “This Is Home,” a multi-year sustainability initiative designed to inspire consumers to protect nature. The campaign focuses on digital, social and connected TV and showcases Merrell footwear and apparel made from more sustainable materials. It aims to inspire people to go outside with as little impact on ...
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News briefs
Smartwool starts second sock recycling campaign in the U.S, aiming for 400,000 units
Denver-based brand Smartwool is launching a new round of its Second Cut project, originally launched in the U.S. in spring 2021, eventually collecting old socks totaling about 5,400 kg in weight. Together with North-Carolina-based company Material Return, the textile waste was turned into the Second Cut K9 ...
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News briefs
Lenzing releases Sustainability Report in digital interactive form
The Austrian Lenzing Group, a global supplier of wood-based specialty fibers, has released its Sustainability Report 2021. Titled “Linear to Circular,” it is the first sustainability report that Lenzing is releasing online, as the company has decided to offer it in digital form from 2022 onwards. The new sustainability report ...
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Article
Fenix Outdoor sees bright start to 2022 but warns of cost pressures
Fenix Outdoor International said its new fiscal year had started well with a recovery in physical store sales, despite inflationary pressures and supply chain constraints. Releasing its annual report, Fenix reported a “very bright” outlook for its order book for Brands and Global Sales, “indicating some nice growth in 2022”, ...
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Article
Frasers Group expands its leadership team with new managing director for cycling
U.K.-based Frasers Group has announced the appointment of Russell Merry as managing director for cycling. The group, which claims to be aiming for market leadership in the U.K. cycling sector, currently operates more than 70 stores across the country and a website with Evans Cycles, founded in 1921. This, along ...
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News briefs
Sharpe’s of Aberdeen acquired by MAG NI Holdings, owner of Dennett Outdoor
MAG NI Holdings, the owner of Dennett Outdoor, has announced that it has acquired the assets of Clan Nets, which trades as Sharpe’s of Aberdeen. Dennett Outdoor and Sharp’s will continue to operate as separate entities, with Dennett as the exclusive distributor of Sharpe’s products in the U.K. and Ireland. ...
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News briefs
Over 70 guests join Equip Sustainability Summit in the Netherlands
British outdoor brands Rab and Lowe Alpine (owned by Equip Outdoor Technologies Ltd.) have hosted the first Equip Sustainability Summit, on April 5 in the Netherlands. The event brought together more than 70 industry experts, retailers, stakeholders and outdoor enthusiasts to discuss options for a more sustainable outdoor industry. During ...
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Article
Pre-stage in the supply chain puts the pedal to the metal for sustainability
With the new EU Textile Strategy proposals published on March 30, 2022, as part of a larger package on the circular economy, the industry is under increasing pressure to fundamentally transform both consumer behavior and the entire supply chain. In particular, players that are part of the early supply chain, ...
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Article
Cotopaxi releases 2021 impact report
Cotopaxi, the U.S. brand that wants to unleash the potential of “conscious capitalism,” has just published its annual global reporting initiative core impact report. The report gives an overview of the brand’s approach to sustainability topics such as supply chain management, diversity, equity and inclusion, corporate social responsibility, carbon emissions ...
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News briefs
Changes in marketing and sales at POC's Salzburg office
The Swedish winter and cycling specialist for helmets, eyewear, clothing and protective equipment, POC, has expanded its team in the areas of marketing DACH and Europe and sales in Germany and Austria. Already on Feb. 15, Anja Boch joined POC in Salzburg, Austria, as marketing assistant Europe. She previously worked ...
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News briefs
Hunter introduces slippers and sandals with algae
Hunter, one of the bigger players in the rubber boots market, has introduced a capsule of summer slippers and sandals made from blown EVA and a share of a new material made with algae that are harvested by cleaning up waterways. The colorful “Bloom” line consists of a sandal and ...
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News briefs
China Cycle 2022 postponed due to the spread of Omicron variant
In light of the Omicron wave currently sweeping China, particularly the greater Shenzhen and Shanghai areas, the cancellation of the 31st China Cycle International Bicycle Exhibition, scheduled to take place May 6-9 at the Shanghai New International Expo Centre (SNIEC), doesn’t seem like a big surprise. “Dear friends, due to ...
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News briefs
Two product awards granted to exhibitors at Performance Days
With two trade show events for functional fabrics taking place in the U.S. and Europe, Performance Days Loops is almost back to a pre-pandemic status. The Functional Fabric Fair by Performance Days in Portland, Oregon, are held on April 4-5, while the spring/summer edition of the European show – the ...
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Bicycle shares Q1 2022: Geopolitical situation puts pressure on the market
While global lockdowns, virus variants, inflation, zero interest rates, supply shortages or political crises could not harm last year’s upward trend in bicycle stocks, Russia’s attack on Ukraine has changed everything. The war is intensifying the surge in prices. Fears of supply shortages of gas and oil and other commodities ...
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News briefs
Nemo starts European expansion plan with new director of international sales
Source: Nemo Chris Griffin Nemo, an American outdoor equipment brand based in New Hampshire with a portfolio of tents, sleeping bags and furniture, has hired Christopher Griffin as its new director of international sales. Before joining Nemo, Griffin has been carrying the same job title for over ...