All Outdoor Industry Compass articles in Volume 15, Issue 6
View all stories from this issue.
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News briefsAccell Group takeover: KKR declares offer unconditional
After the status of the Accell Group takeover was in limbo last week, Accell Group and KKR (Kohlberg Kravis Roberts) have now jointly announced that, considering all offer conditions having been satisfied or waived, KKR declares the offer unconditional. The number of shares that have been tendered for acceptance under ...
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PDF NewsletterOutdoor Industry Compass: Vol 15 - No 6
SSU’s sales bolstered by acquisitions | USWE sales up 88% in 2021, Q4 hit by geopolitical situation | The North Face helps drive Q4 revenue rise, but Vans hit by China lockdowns | Vista Outdoor outlines long-term vision and financial goals for proposed separation of its business | Icebug promotes sustainable lifestyle as annual sales, profits rise | Thule Group with new product categories, updates financial targets | Lowa reports top sales figures for 2021 | Continued growth for Online Brands Nordic | Giant Group reports another sales record in Q1 | Seventh consecutive quarterly sales record for Leatt | Pelican International acquires GSI Outdoors | Australian investment company acquires majority stake in Sea to Summit | Porsche takes over remaining 80 percent in Fazua | Nordic Swan Ecolabel increases focus on textiles | Worn Again Technologies builds textile recycling demo plant in Switzerland | Italy’s bike exports increase double-digit, e-bikes at 15% | SSU partners with Rhenus on “largest bicycle components hub in Europe” | + EOG Partner Page
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News briefsK-Way to open brand store in Hong Kong
French brand K-Way, part of BasicNet, an Italian company that also owns the Kappa, Briko and Superga brands, amongst others, has partnered with Bluebell Group to launch in Hong Kong. Following the brand’s digital launch in June via k-way.com.hk, the first physical brand store is scheduled to open in October ...
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News briefsColumbia brings in new SVP to address supply chain issues
Source: Columbia Sportswear Co Francois Guillon To counter the ongoing problem of supply chains disrupted by various global crises, Columbia Sportswear Company has named Francois Guillon senior vice president, omni planning and fulfillment. Guillon will report to chief supply chain officer Lisa Kulok. He brings leadership experience ...
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News briefsMammut appoints new CPO
Source: Mammut Sports Group AG Paul Cosgrove Following the appointment of Heiko Schäfer as the new CEO, Mammut is now filling another key role with Paul Cosgrove as chief product officer. Cosgrove will take up his new position on Oct. 1, 2022. For him, the Swiss outdoor ...
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News briefsGlobetrotter expands its second-hand offering with online platform
Back in 2020, the German retail chain Globetrotter started buying and selling used equipment in 21 stores nationwide. Now Globetrotter customers can also buy and sell used outdoor gear online at secondhand.globetrotter.de. “Since 2020, we have helped more than 10,000 pieces of clothing and equipment to a second life,” said ...
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News briefsSchöffel hires David Randall as creative director
Source: Schöffel David Randall Design expert David Randall is the new creative director at Schöffel. The British-born designer, who has lived in southern Germany for 25 years, was most recently responsible for the design of the outdoor label Black Yak and established the South Korean brand on ...
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News briefsPatagonia plans to replace tags and labels with technology
In a comprehensive project that addresses all product packaging and labels, Patagonia seeks to reduce its environmental footprint by using a digital access point for product communication. According to RetailTouchPoints, a more recent Patagonia partnership with technology provider Evrythng is underway, in which the first step has been to reduce ...
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News briefsYoungone receives ISPO Textrends Award for best new synthetic insulation
For its new synthetic insulation material Ecoloft ActiVe SR that incorporates 35 percent bio-based Sorona, 55 percent recycled polyester and a 10 percent share of virgin polyester, the Korean company Youngone has received the ISPO Textrends Award 2023/24. The new insulation is a vertical, overlapping fiber construction that aims for ...
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ArticleSSU partners with Rhenus on “largest bicycle components hub in Europe”
Signa Sports United (SSU) announced a strategic partnership with Rhenus Warehousing Solutions and the opening of a new state-of-the-art SSU warehouse. The newly built 20,000-square-meter facility, which SSU says is the largest bicycle parts hub in Europe, is strategically located in Hockenheim, Germany, with excellent distribution channels to several European ...
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News briefsProtective signs central distribution contract with Intersport Germany
The specialized bike and nordic skiing brand Protective just signed a central distribution contract with Intersport Germany after closing similar central distribution deals with Sport 2000 and ZEG, the cooperative of independent bike dealers, in 2021. The Intersport agreement was another step on the brand’s agenda to regain ground in ...
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ArticleFox Factory publishes first global sustainability report
In time for World Environment Day, Fox Factory – based in Georgia, USA – released its first sustainability report for 2021. The report includes the results of the company’s first materiality analysis, which led to the development of the Fox Factory Frontiers sustainability strategy. The publication summarizes the current state ...
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News briefsU.S. outdoor industry leaders take action to prevent gun violence
In the wake of recent mass shootings, the In Solidarity Project has teamed up with outdoor industry leaders to call for gun violence prevention in the United States. This group of passionate advocates created a video called “It’s Just Common Sense,” a two-minute public service announcement calling on the U.S. ...
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ArticlePorsche takes over remaining 80 percent in Fazua
Porsche AG seemed to like what it saw when it acquired a 20 percent minority stake in fledgling e-bike drive manufacturer Fazua GmbH in January 2022. The German sports car maker now announced it will acquire the remaining 80 percent. No details were provided about the sale price. The Stuttgart-based ...
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News briefsIsbjörn of Sweden integrates Econyl regenerated nylon into sun protection range
Swedish kidswear brand Isbjörn is known for its sun protection apparel range for kids. For this summer, the company premiers a new material made with Econyl, a regenerated nylon fabric with fibers recycled from ocean waste produced by the Italian company Aquafil. The Bluesign system partner Isbjörn recently outlined its ...
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News briefs
Second Finisterre funding round triples the targeted amount of €1,75 million
The British brand Finisterre launched its second funding round on Crowdcube at the end of May 2022, with a targeted funding sum of £1,5 million (€1.75 million). In early June, the company’s investment round was already “overfunded,” with £4,598,505 raised (€5.41 million) by 3,722 investors. According to the company, the ...
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ArticleBergans named circular company of the year in Norway
Bergans was named “Circular Company of the Year” at Den Store Sirkulærkonferansen (Great Circular Conference) in Oslo on June 7. The annual conference, organized by Cnytt.no, the Norwegian Center for Circular Economy and Circular Norway, is a place where companies, industry, organizations and policymakers come together to present and discuss ...
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News briefsZDHC and TMC team up to tackle microfibers in wastewater
The Microfibre Consortium (TMC) and the ZDHC Foundation have announced the next step in addressing microfibres in textile industry wastewater. Following TMC’s publication of the “Control of Microfibres in Wastewater” manufacturing guidelines, the two organizations will now work closely together, combining ZDHC’s expertise in sustainable chemical management with TMC’s science-based ...
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News briefsSigna Sports United appoints Max Heimann as CEO, Internetstores Group
Source: SSU Max Heimann Signa Sports United (SSU) has appointed Max Heimann as CEO of Internetstores Group. Heimann will join the company in mid-August 2022 and lead SSU brands, including Fahrrad.de, Probikeshop, Addnature and Campz, across Europe. Currently, Heimann is a member of the executive board of ...
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News briefsTrusTrace joins forces with Fashion Revolution and Fashion for Good for new open-source platform
The product traceability and supply chain transparency platform TrusTrace has announced a new partnership with Fashion Revolution and Fashion for Good. As a result of this cross-industry collaboration and knowledge sharing, the three organizations have launched the Traceability Playbook, an open-source web tool to build responsible supply chains. TrusTrace sees ...
