All Outdoor Industry Compass articles in Volume 15, Issue 5 – Page 4
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News briefsHelen of Troy announces two new board members
Helen of Troy, whose brand portfolio includes Hydro Flask and Osprey Packs, has appointed Tabata Gomez and Elena Otero to its corporate board of directors, effective May 3. Gomez is president of the Hand Tools, Accessories & Storage Group of Stanley Black & Decker Inc. Otero recently retired as chief ...
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News briefsKearney releases circular fashion report 2022, with outdoor brands doing relatively well
Consulting company Kearney has released its Circular Fashion Index 2022. It assessed 150 fashion brands from 20 countries and six categories (luxury, premium and affordable luxury, mass market, fast fashion, sports and outdoor, lingerie and underwear). The methodology includes a score based on seven dimensions that affect ...
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News briefsUGG partners with Savory Institute’s Land to Market program to accelerate regenerative farming
Australian brand Ugg, owned by Deckers Brands, is partnering with the Savory Institute’s Land to Market program (an outcome-based sourcing solution for raw materials from verified regenerative land) to support the transformation to regenerative agriculture within its sourcing area, the Australian sheepskin industry. Regenerative agriculture is a conservation and rehabilitation ...
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ArticleRocky Brands almost doubles Q1 net sales driven by strong wholesale performance
U.S. footwear company Rocky Brands’ sales for the three months to March 31 rose 90.5 percent year on year to $167.0 million. The figure includes $64.0 million in net revenue from the company’s Boston Group, compared with $6.5 million in the same period last year. The Boston group includes The ...
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News briefsLa Sportiva opens shoe-repair shop
According to CMDsport, La Sportiva has opened a resoling shop – the first of its kind, the company says – for shoes under its own brand. Located at Snow Factory headquarters in Barcelona, the shop uses the same materials and machinery as the brand’s factory. For La Sportiva Spain’s marketing ...
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News briefsSpecialized appoints Armin Landgraf as chief of worldwide markets
Source: Specialized Armin Landgraf Following the hiring of former Dyson COO Scott Maguire in March and presenting him as his successor as CEO, Specialized Bicycle Components Inc. founder Mike Sinyard (now „chief rider advocate“) has hired industry expert Armin Landgraf as chief of worldwide markets. Landgraf will ...
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News briefsGrassroots Connect scheduled for June 6-9 in Knoxville, TN
Grassroots Connect, the Grassroots Outdoor Alliance’s (GOA) biannual U.S. buying show, returns to Knoxville, Tennessee, June 6-9, 2022, attracting retailers from across the GOA network with 206 doors across the country. The 122 exhibitors at the show include apparel brands such as Patagonia, The North Face, Vuori, Smartwool and Toad&Co; ...
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ArticleVittoria Group builds bike park and innovation center in Italy
Italian bicycle tire giant Vittoria Group has begun construction of what it describes as “the world’s first all-discipline cycling experience, innovation center and knowledge hub for bicycle tire development.” Vittoria Park will be built around the company’s headquarters near Milan. It will also house an impressive testing area open to ...
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News briefsFelt presents new logo and new bikes
After the Austrian Pierer Mobility Group bought Felt Bicycles from the Rossignol Group in November 2021 and integrated it into its Pierer E-Bikes GmbH division, which was founded in 2019 and already includes the Husqvarna E-Bicycles, GasGas Bicycles and R Raymon brands, the Californian bike label is now presenting a ...
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ArticleSuper Retail Group unveils sales, strategies for three banners
Super Retail Group, the Australian retailer with two outdoor formats and one focused on sporting goods, reported mixed results for the week 27 to 43 period. Rebel Sport, hurt by limited stock availability in some categories that included footwear, suffered a 4.0 percent year-to-date decline in same-store sales. SRG’s outdoor ...
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News briefsAccell Group updates takeover details
Source: Accell Group CEO Tom Anbeek Accell Group issued a clarification about its looming €58.00 a share takeover by a consortium led by buyout firm Kohlberg Kravis Roberts (KKR). The all-cash offer, which values the Dutch bike company at €1.56 billion (a premium of 42 percent over ...
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News briefsMountain Planet was held again in Grenoble after a four-year break
The 25th edition of Mountain Planet, the international meeting place for mountain professionals in Grenoble, France, which was held at Alpexpo Grenoble on April 26-28, attracted 16,972 visitors from 71 countries and showcased the products of 981 exhibiting brands. The event made its comeback after four years of absence. Mountain ...
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ArticleThe return of Kneissl – with e-bikes made in Italy, in collab with Fitstore24
Source: Fitstore24, Kneissl Bikes Franz Kneissl Design’s Carbon Fully (2022) Franz Kneissl III carries an extremely well-known name in Austrian sports and business history. The eponymous ski brand dates back to the first handmade wooden ski made by Franz Kneissl I in 1910, but ski manufacturing has ...
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News briefsBike theft in Switzerland: Claim costs at record level
AXA Versicherungen AG has released statistics on bike thefts in Switzerland. Over the last five years, the number of stolen bikes has remained more or less the same – except in 2020, when there was a slight Covid pandemic-related decrease, but this was no longer noticeable by 2021. Over the ...
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ArticleRestricting the use of PFAS: Multinational and cross-industry activities underway
As early as 2014, a group of researchers had examined the effect of exposure of polyfluoroalkyl substances (PFAS) stemming from outdoor jackets. The study showed that among the background population, the highest intermediate exposure was a factor of 3-10 below the estimated average dietary intake, while among individuals occupationally exposed ...
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Short stops
Short Stops Week 18, 2022
CORPORATE AND M&A +++ Merida Industry Co, Ltd, Taiwan’s second-largest bicycle manufacturer, founded by Ike Tseng, is celebrating its 50th anniversary in 2022 +++ The co-founder of outdoor brand Revolutionrace, Pernilla Nyrensten, is reportedly investing in Djerf Avenue, a Swedish DTC fashion brand launched by influencer Matilda Djerf in 2019 ...
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ArticleYESS pilot project: Yarn and fabric manufacturers strive to end modern slavery
The Responsible Sourcing Network has released the results of the pilot of its flagship initiative YESS (Yarn Ethically & Sustainably Sourced). The pilot, which included virtual training and in-person assessments in India, Pakistan and Malaysia, has shown that manufacturers can track all their cotton through their systems, from the fabric ...
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News briefs
Slide & OTS Winter returns to Telford in 2023
Following the successful Slide & OTS Winter Show in January, a survey of possible dates and locations for a future show revealed a preference for Telford as the venue and a date in early January. This information, along with changes to the buying calendar, new dates for international shows and ...
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News briefsSTC Distribution with new operational manager
Source: STC Distribution GmbH Markus Haid, new operational manager for Therm-ic and Sidas, DACH Since March 1, Katharina Spar has joined marketing manager Jan Otto as junior marketing manager at the Austrian company STC Distribution GmbH, which is responsible for sales of the Sidas and Therm-ic brands ...
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News briefsOsprey's CEO steps down
Osprey Packs announced that CEO Layne Rigney is leaving the company after nearly six years. He had recently led the brand through its acquisition of Helen of Troy, which, with the help of the Osprey acquisition, saw a 14% increase in sales in the fourth quarter. The remaining Osprey leadership ...
