All Outdoor Industry Compass articles in Volume 15, Issue 5 – Page 2
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News briefsTNF commits to support wilderness clean-up projects via EOCA
For the third year running, The North Face (TNF) has chosen the European Outdoor Conservation Association (EOCA) to find and manage environmental projects to be financially supported by the brand’s fund. Five projects in four European countries have been picked by EOCA and will be supported with ...
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News briefsExped steps into new distribution partnerships in Austria and France
Zurich-based company Exped is expanding its brand presence in Austria and France and altering its distribution model for Austria. As of Sept. 15, 2022, the Austrian market will be served by Exclusiv Sportartikelvertrieb GmbH, which also carries Italian footwear specialist Scarpa as a sales agency. Thomas Miedl will be the ...
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News briefsFinisterre launches seasuit and hijab in a ‘buy one, gift one’ model, breaking barriers to women’s access to the sea
The British community interest company Finisterre Foundation, set up to help people facing cultural, medical or personal barriers to accessing the sea, is launching its ’Into the Sea’ project, a set of full-coverage women’s seasuit and hijab made from recycled sea waste. The seasuit (RRP £140) and accompanying hijab (RRP ...
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News briefsRapala’s COO Lars Ollberg retires
Rapala VMC will bid farewell to company veteran Lars Ollberg this month after 44 years with the Finnish-based fishing tackle company. Ollberg began his Rapala career in 1978 as a sales representative and subsequently has also worked in marketing and sourcing positions at many of the company’s business units around ...
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News briefsHeiQ launches peppermint-based odor control textile treatment with Alchemie Technology
The new HeiQ Life treatment that HeiQ has developed with its partner Alchemie Technology is an odor control finish based on peppermint oil as an active ingredient, inhibiting bacteria from growth on the textile surface. Utilizing Alchemie’s digital finishing technology, the process is 84 percent less energy-consuming and takes 92 ...
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SponsoredOutDoor by ISPO: “What initially seemed to be born out of necessity is increasingly becoming a dream scenario”
In an interview, Lena Haushofer, Exhibition Director of OutDoor by ISPO, explains why the MOC is an excellent choice for the industry gathering and why it is still worth becoming an exhibitor.
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News briefsMaria Frykman of Isbjörn is the new chairwoman of SOG
Source: Scandinavian Outdoor Group The founder and CEO of Isbjörn of Sweden, Maria Frykman, has been appointed as the new chairwoman of the Scandinavian Outdoor Group (SOG). Frykman will succeed David Ekelund, CEO of Icebug, who held the position since 2013 and was elected as a board ...
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ArticleClarus' outdoor results impacted by supply chain, logistics
Clarus Corp. posted a 7 percent decline in first-quarter net income to $5.3 million from $5.67 million despite a 50 percent increase in revenues to $113.3 million from $75.3 million. Sales benefitted from contributions from acquisitions Rhino-Rack ($24.5m) and Maxtrax ($24.5m). Outdoor segment sales were essentially flat at $51.5 ...
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ArticleRevolutionRace sees 50% Q3 sales gain despite supply chain problems
RevolutionRace (RVRC), the Swedish DTC outdoor company, continued to grow rapidly in the third quarter of its financial year, as sales increased by 50 percent to 367.4 million Swedish kronor (€34.6m) despite persistent supply chain problems for some of its products. On a constant currency basis, sales in the three ...
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News briefsAdidas Five Ten celebrates wheelie culture with Danny MacAskill
The 36-year-old Scottish mountain biking phenomenon Danny MacAskill has released a new video titled “Danny Do A Wheelie,” created in collaboration with Adidas Five Ten. The video was released on YouTube on May 10. It shows MacAskill riding every bike imaginable through a series of iconic Scottish locations. He is ...
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ArticleEmerald’s recovery momentum continues
Trade show organizer Emerald Holding, Inc. reported revenue of $98.5 million for the first quarter of 2022, an increase of $85.6 million, or 663.6 percent, from $12.9 million in the first quarter of 2021. The company said it successfully hosted 31 in-person trade shows, conferences and other events with more ...
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News briefsZara launches outdoor collection for women
Zara, the main retail brand of Spanish fashion group Inditex, has introduced a new collection for women, designed especially for outdoor activities like climbing and cycling. The collection, which comprises 25 pieces of apparel and footwear, has been introduced globally in many markets, including Spain, the U.K., the U.S., France ...
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ArticleLenzing’s Q1 revenues grow double-digit despite rising costs
Lenzing, the Austrian manufacturer of wood-based specialty fibers, posted revenues of €615 million in the first quarter of 2022, representing a 25.7 percent increase year-on-year, primarily driven by continued high demand for wood-based biodegradable specialty fibers and higher fiber prices. Specialty fibers currently account for 73.3 percent of its fiber ...
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News briefsWaterAid and VF Foundation launch program to improve water, sanitation and hygiene in Cambodia
WaterAid, an international nonprofit organization, and the VF Foundation announced the launch of a year-long program to provide access to clean water, sanitation and hygiene for more than 85,000 people in Cambodia. With $250,000 in support from the VF Foundation, WaterAid will improve access to clean water in Cambodia’s Kandal ...
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News briefsSpain’s Orbea posts sixth consecutive year of growth
As CMDsport and other Spanish outlets are reporting, Orbea announced at its annual meeting on May 7 that it had recorded a sixth consecutive year of growth. Sales for the Spanish-Basque bicycle company rose by 41 percent year-on-year to €282 million. More than four-fifths (81 percent) of these sales came ...
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News briefsHövding changes hands and delists from the stock exchange
Investor Joel Eklund and his Malmö-based investment company Fosielund Holding AB made a mandatory offer for Hövding at the end of 2021 after exceeding the threshold of 30 percent of shares in the company. In March, Hövding received an interest-free hybrid loan of SEK 50 million (€4.7m) from Fosielund, and ...
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News briefsEndura appoints brand director as founder and general manager step down
Following the announcement by Jim McFarlane, founder of cycling apparel brand Endura, and managing director Pamela Barclay that they will retire from day-to-day operations, Noah Bernard has been appointed brand director to lead the company in the future. McFarlane founded Endura in 1993 and has co-managed the brand with Barclay ...
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ArticleJohnson Outdoors gets lift from camping, but fishing sinks
Johnson Outdoors’ operating income slipped 57.2 percent to $15.4 million from $36.0 million as total revenues fell 8.0 percent to $189.6 million from $206.2 million for the second quarter ended April 1. Gross margin slid to 36.2 percent from 45.2 percent, a decline the company blamed on higher material and ...
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News briefsNRDC rolls out eliminate PFAS campaign targeting Columbia Sportswear
The U.S.-based activist group Natural Resources Defense Council (NRDC), together with the U.S. PIRG Education Fund, have launched a new campaign urging Columbia Sportswear to eliminate per- and polyfluoroalkyl substances (PFAS) chemicals from their products and supply chain by 2024. The campaign will engage everyday consumers through a petition drive ...
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Short stops
Short Stops Week 19, 2022
PRODUCT & MARKETING +++ Timberland has introduced new eco-innovative styles with the GreenStride™ Solar Wave ST collection, offering progressive style and lightweight comfort for the summer season +++ As part of the Partner Program Award 2021 awards ceremony, the MyToys Group, leading online retailer for family shopping in Germany, honored ...
