All Outdoor Industry Compass articles in Volume 15, Issue 4 – Page 2
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ArticleRecent IGOT grants continue support for grassroots projects across Europe
The It’s Great Out There Coalition (IGOT) has announced details of six projects that have been awarded funding for projects to get more people active outdoors. In the latest round of #itsgreatoutthere grants, initiatives in four countries will each receive up to €5,000 to help them introduce new participants to ...
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News briefsIndyeva unveils trail-to-river swimwear collection
Québec-based outdoor clothing label Indyeva (formerly known as Indygena) has unveiled a sustainably designed and manufactured trail-to-river swimwear collection, which is available in specialty stores in the U.S. and Canada and online at Indyeva.com. The brand is working toward its goal of using 100 percent recycled synthetic fibers and natural ...
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News briefsScarpa unveils the eco-friendly Mojito Planet Denim
Scarpa has unveiled the Mojito Planet Denim, an all-terrain shoe made using recycled fabrics from production waste that are regenerated and transformed into new yarns. The process is based on an energy-saving technology that allows saving more than 65 percent of water compared with traditional systems, Scarpa says. The upper ...
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News briefsAugust Stangl retires from Therm-ic global brand director role
Source: Therm-ic August Stangl August Stangl, the global brand director of Therm-ic, a brand specializing in heating systems and part of the French Sidas group, is retiring from his role by the end of April but will still be available as a consultant for Sidas in the ...
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News briefsEquip Outdoor opens new Rab and Lowe Alpine service center in Canada
Equip Outdoor Technologies has opened a new service center in Québec, Canada, for its Lowe Alpine and Rab brands. The service center will be open to retailers and end consumers in Canada, offering both repair and maintenance services for waterproof shells and Gore-Tex apparel, insulated gear, sleeping bags and equipment ...
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News briefsSchwan-Stabilo establishes outdoor subsidiary in Italy
As of April 1, 2022, mountain sports expert Ortovox is repositioning its presence in the Italian market with the opening of the new Schwan-Stabilo Outdoor Italia branch, based in Rancia near Bergamo. With Stefano Finazzi, the company is bringing an experienced industry expert on board as general manager. After 25 ...
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News briefsKlarna acquires PriceRunner
Klarna, the fintech company that intermediates between retailers and customers, handling direct payments, payments after delivery and installment plans, has acquired all of PriceRunner, a comparison-shopping service operating in Sweden, Denmark, Norway and the U.K. Klarna will be adding PriceRunner’s product discovery, price comparisons and product reviews to its own ...
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ArticleTop results for Bike24, yet disappointing for investors?
The German cycling, running and swimming sports online retailer Bike24 Holding AG, which has only been traded on the stock exchange since June last year, has just presented its 2021 annual report. According to the report, the Dresden-based company generated total sales of €250.16 million – a remarkable double-digit increase ...
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ArticleShimano Europe intends to outsource warehouse activities
Shimano Europe B.V., based in Eindhoven, Netherlands, intends to completely outsource its warehousing activities. The proposal has been submitted to the works council for consultation. The outsourcing could result in losing up to 45 jobs at the warehouse in Nunspeet (Netherlands). A social plan will be drawn up for the ...
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Short stops
Short Stops Week 14, 2022
CSR & SUSTAINABILITY +++ Cake, the Swedish maker of lightweight, electric motorcycles, announced the launch of re:CAKE, a global program that aims to extend the lifecycle of Cake motorcycles by offering customers to purchase certified pre-owned bikes +++ EXECUTIVE CHANGES +++ Katie Kutskill, former global executive director and ...
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News briefsBastian Dietz appointed Director Global Business Development at SQlab
Source: SQlab Bastian Dietz After a three-month sabbatical following a three-year stint at Messe München, which included a role as cycling and new mobility category manager for IAA Mobility, bicycle specialist Bastian Dietz is returning to one of his former employers, Boards & More, where he joins ...
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News briefsVeja launches sneaker with Sea Sheperd
Source: Veja Veja xSea Sheperd Dekkan French footwear brand Veja has partnered with NGO Sea Sheperd to launch a new vegan sneaker that is available in several countries (in Europe: Switzerland, Italy and France) through the Sea Sheperd online store and at Veja’s website for €150. The ...
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News briefsStellar Equipment improves on both turnover and profitability
According to Swedish Ehandel magazine, outdoor brand Stellar Equipment AB has grown by roughly 50 percent in the 2020/21 fiscal year. Sales for the financial year ended on June 30, 2021, reached SEK 152 million (€14.7 million), with a profit of roughly €725,000 after tax. The growth rate of the ...
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News briefsMountainsmith moves into new headquarters
Colorado-based company Mountainsmith has moved into its new headquarters downtown the city of Golden. The new location features an integrated showroom-style retail space but also hosts offices as well as sales and product design departments. The company has been located in Golden since its founding in 1979 but had its ...
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News briefsTextile Exchange releases 2021 Material Change Index data to participants
The global nonprofit Textile Exchange, which has more than 200 companies engaged in benchmarking their use of preferred materials within the Material Change Index (MCI), has announced the 2021 MCI results as being live and accessible to the brands and retailers participating in the MCT program. The organization has released ...
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News briefsEOCA new spring project voting starts mid-April
The next spring voting round for environmental projects supported by the European Outdoor Conservation Association (EOCA) is just about to start. From April 20 to May 4, 2022, the public voting round will decide which three of the projects applied by conservation organizations will be funded by the EOCA. The ...
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ArticleEU Textile Strategy criticized by civil rights groups for missing human rights
In a statement published on their websites, several NGOs and activist groups from the apparel sector have criticized the European Commission’s “Textile Strategy,” published at the end of March 2022, on overproduction, consumption, sustainability and circularity in the textile sector. The civil society groups see the decision to include textiles ...
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News briefsCanada Goose bolsters executive team with Carrie Baker as new president
Source: Business Wire Carrie Baker Canada Goose Holdings Inc. has promoted Carrie Baker, a long-term company manager, to president, a new role at the company. In this role at the Toronto-based company, she will be reporting to Dani Reiss, who has been president and CEO in a ...
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ArticlePierer Mobility’s annual report confirms record growth
After the Pierer Mobility Group had already announced its first preliminary figures for fiscal 2021 and raised its sales forecast in January, the publicly listed Austrian company has now presented its final annual report, which confirms the group’s record growth in both sales and earnings. Despite the challenging situation in ...
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News briefs
Millet x Element launch collaboration for next fall/winter
Millet and the Boardriders brand Element have collaborated to design a collection, which, according to Fashionnetwork, includes several product lines. Among them are high-performance products, including a Gore-Tex jacket, a Polartec fleece, recycled polyester bags, neck wraps and even a sleeping bag. The main line is called “Concrete Jungle” and ...
