All Outdoor Industry Compass articles in Volume 15, Issue 4 – Page 7
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News briefsNew networking format for urban mobility during Eurobike
Urban mobility is the central focus of the new Mobility Networking Night in Frankfurt. The event will take place on July 14, 2022. The stated goal: “The event will provide a framework to explore cross-industry synergies with other relevant urban mobility players.” The organizers are Monika Fiedler-Proksch (Fiedler & Peter ...
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News briefs
Hövding receives hybrid loan from Fosielund
Hövding Sverige AB has received interim financing in the form of a hybrid loan of SEK 50 million (€4.7m) from its main shareholder Fosielund Holding AB. Hövding needs the additional capital to implement its corporate strategy and realize its growth targets. In addition, there is currently uncertainty in the German ...
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News briefsVista Outdoor partners with Stockperks to enhance retail investor relationships
Vista Outdoor, the parent company of 39 brands that design, manufacture and market sports and outdoor products, and Stockperks, a New York City-based retail investor engagement company, have launched the Vista Outdoor Shareholder Rewards Program for the U.S. through the Stockperks app. To launch the program, retail shareholders using the ...
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News briefsThe Caliswede way: Specialized and Fjällräven launch “The Great Nearby” campaign
California-based bike brand Specialized and Swedish outdoor label Fjällräven have teamed up to launch “The Great Nearby” campaign, an exchange of ideas and culture that combines Fjällräven’s expertise in sustainable, timeless and functional outdoor gear with one of Specialized’s main goals of improving the planet by making high-performance, durable gear. ...
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News briefsSpanninga appoints Technical & Innovation Director
Source: Spanninga Leon van Strien Spanninga, the Dutch supplier of bicycle lighting and accessories, hired Léon van Strien as technical & innovation director. After graduating, Van Strien worked for nine years as a product manager at Shimano, where he was responsible for product identity and design. He ...
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News briefsNaturkompaniet re-opens expanded store in Stockholm
Naturkompaniet has expanded its store at Kungsgatan 26 in Stockholm, which originally opened in 1993 as a Fjällräven store. The new store has an area of 436 square meters and offers the largest assortment of Fjällräven products, as well as a large workshop where customers can get help with the ...
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News briefs
Former athlete Fontana is Northwave’s new MTB sport marketing manager
Northwave has announced on LinkedIn that it has hired Marco Aurelio Fontana as its new mountain bike sport marketing manager. Fontana was a professional athlete and leader of the Italian cyclocross team from 2003 to 2011, wearing the Italian champion’s jersey three times. From 2011, he switched to mountain biking ...
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News briefsNike releases Impact Report for FY 2021
Nike has released its Impact Report for the financial year 2021, detailing its actions with respect to “employees, communities and the planet.” “U.S. racial and ethnic minorities” in management at or above the title of director and women “in leadership roles globally” are both up by four percentage points, to ...
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News briefsPirelli begins production of “Made in Italy” bicycle tires on industrial scale
The venerable, renovated Pirelli plant in Bollate, near Milan, has begun producing bicycle tires. The first domestically produced P Zero road bike tires will be delivered and marketed in March of this year. With the start of bicycle tire production, the Pirelli plant is now “the only factory that produces ...
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News briefsBernd Eisenbichler named Maloja’s new CEO
In June, the German outdoor brand Maloja is getting a new CEO with Bernd Eisenbichler, who is currently sports director for biathlon at the German Ski Association (DSV). Source: Maloja The founders and their successor (from left): Klaus Haas, Bernd Eisenbichler and Peter Räuber Eisenbichler is to ...
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News briefsAquafil announces new partnership in South America to collect and recycle fishing nets from the oceans
Yarn maker Aquafil has announced an agreement with Salmón de Chile, Chile’s principal salmon farming association, and cleantech organization Atando Cabos. The new partnership will boost Aquafil’s ability to collect, recycle, and regenerate different nylon waste into Econyl nylon. The partnership will revolve around a four-year work plan that includes ...
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News briefsDownlite Outdoor partners with Debrand for product disassembly and recycling
Ohio-based Downlite Outdoor, a U.S. specialist in down processing and supplier for outdoor brands like Patagonia, The North Face, Haglöfs, Cascade Designs, Canada Goose and others, has officially named its long-term cooperation partner Debrand as the company of choice for the “Reverse Logistics” of product at the end of their ...
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News briefsHelly Hansen revenues rose 24 percent outside Canada last year
Helly Hansen, the Norwegian sportswear and workwear company, acquired in July 2018 for CA$ 985 million (€707.7m) by Toronto-based Canadian Tire Corp., generated a 19 percent increase in total revenues to CA$ 644.8 million (€435.2m) for the 12 months ended Jan. 1. Helly Hansen sales outside of Canada increased 20 ...
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News briefsDacia partners with UTMB World Series
Dacia, part of the Renault Group, and the organizers of the UTMB World Series, UTMB Group and The Ironman Group, have announced a multi-year partnership through 2024. The agreement sees Dacia as the official technical and exclusive automotive partner for UTMB World Series European and African events, including UTMB Mont-Blanc, ...
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ArticleOutdoor Retailer Climate Commitment grows by five new big members to 10 percent of outdoor retail market
Five more European outdoor retailers have joined the Outdoor Retailer Climate Commitment (ORCC), an open network of European outdoor retailers for more climate protection in the outdoor industry. With retail heavyweights Sporthaus Schuster, Sport Conrad, Engelhorn, Ellis Brigham Mountain Sports and Sport Pursuit, the network now unites around 10 percent ...
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Short stops
Short Stops Week 11, 2022
EXECUTIVE CHANGES +++ Cocona Labs, the maker of temperature-regulating 37.5 Technology, announced the appointment of Blair Kanis, general counsel and director of sustainability of the company since 2020, as president +++ Orvis, a U.S. supplier and retailer of fly fishing gear, apparel and footwear, has appointed POWDR and Mountain Hardwear ...
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News briefsNew software solution for real-time traceability from fiber to product
Software service supplier TrusTrace, based in Stockholm and Coimbatore, India, has launched its new TrusTrace Certified Material Compliance platform, a software solution that aims to link all purchase orders to production steps, certificates, supplier declarations and quality reports for real-time traceability. The new TrusTrace Certified Material Compliance service wants to ...
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ArticleAmerican Outdoor Brands shifting focus
American Outdoor Brands is adjusting its long-term focus to increase its revenues and product presence in the outdoor lifestyle category while maintaining a foothold in shooting sports. The Columbia, Missouri company, which intends to generate 50 percent or more of its topline in the outdoor lifestyle segment, has agreed to ...
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News briefsDorel Sports grows by 5.8% in the fourth quarter
Dorel Sports, which is now listed as a discontinued operation in the accounts of Dorel Industries following its recent $810 million sale to the Pon Group, saw its net profit improve by 21.8 percent to $2.29 million in the fourth quarter ended Dec. 30, according to its parent company, although ...
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ArticleLeatt ends 2021 with record sales and record profits
It’s not by coincidence that the South African provider of protective gear and accessory products, Leatt Corp., which trades over-the-counter in the U.S., was by far the biggest performer on the 2021 OIC bicycle stock list. Leatt shares were up a whopping 312.2 percent on Jan. 1, 2022 (compared to ...
