All Outdoor Industry Compass articles in Volume 15, Issue 6 – Page 5
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News briefs
Kathmandu secures public grant to explore circular clothing solutions
Kathmandu is among the latest round recipients under the Recycling Victoria Innovation Fund. The outdoor clothing manufacturer will get 150,000 Australian dollars (€100,000) in funding to explore the renewal and resale of damaged or unwanted clothing. The other three recipients in this round with projects related to new uses for ...
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News briefsTeijin Frontier develops new energy-saving chemical recycling process for colored polyester fibers
Japanese fiber specialist Teijin Frontier has announced the development of an alternative chemical recycling technology, using a new depolymerization catalyst to recycle colored polyester fibers without losing the quality of polyester fibers made from petroleum-derived raw materials. The technology utilizes a new depolymerization catalyst that leads to a simpler and ...
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News briefs
Mountain Warehouse launches new marketplace for brands
Having previously focused primarily on private label brands, U.K. retailer Mountain Warehouse, operating several brick-and-mortar stores and an online store, has now launched a new Mountain Warehouse Marketplace, offering third-party brands the opportunity to sell their goods under the retailer’s banner. With the new marketplace, the company is expanding its ...
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News briefsOrtovox launches mountain lab educational platform Protact Lab
The German brand Ortovox has launched a new multi-media information platform called Protact Lab. It offers multimedia guidance in German and English to motivate people to change their own behavior and mobilize the sports community for conscious consumption, care and repair, mobility choices and sustainable use of nature’s resources. The ...
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ArticleIcebug promotes sustainable lifestyle as annual sales, profits rise
Icebug AB, the wholly-owned subsidiary of Sweden’s GtoG AB, generated a 37.8 percent increase in annual net profit to 22.83 million Swedish kronor (€2.18m) for the 12 months ended Feb. 28 compared to SEK 16.6 million in the prior year. The financial year profit margin was 9.9 percent as total ...
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News briefsKlarna cuts 10% of workforce due to changing business climate
Germany’s Manager Magazin reports that Swedish fintech Klarna will lay off about ten percent of its roughly 7,000 employees. The startup, led by co-founder and CEO Sebastian Siemiatkowski, reportedly said that rising inflation and the war in Ukraine had impacted the business climate, making the move necessary. At its last ...
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News briefsBergzeit relaunches its travel and alpine training offerings
German retailer Bergzeit has revamped its range of travel and alpine experiences under the ”Bergzeit Erlebnis” label and will no longer operate as a tour operator, but as an agent only. The travel services were launched in 2018/19 with a soft launch as an add-on to the Bergzeit shop. With ...
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News briefs
Climbing World Cups in China canceled due to Covid
The lead and speed IFSC World Cup in Xiamen, scheduled to take place Oct. 15-17, and the boulder and speed IFSC World Cup in Wujiang on Oct. 22-24 – meant to be the last events of the lead and boulder season – have been canceled due to the Covid-19 pandemic. ...
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News briefsJelenew x Stéphane Rolland: bike wear meets haute couture
Source: Jelenew & Stéphane Rolland Jelenew x Stéphane Rolland cycling-pants dress look manuscript U.S. women’s cycling brand Jelenew – defining itself as a digitally native sports technology company (DNAB) that transcends the traditional design principles of sports apparel – has announced a new joint collection with French ...
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News briefsAll European Dometic production sites now powered by renewable energy
Dometic has entered the next phase in implementing the company’s sustainability strategy. The program covers the next three years until 2024. For an overview of the program and its goals, visit the sustainability section of dometic.com. Energy efficiency in production and in the use phase of products have long been ...
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News briefsIOG launches project to postpone end-of-season sales
Gruppo Valore Outdoor (GVO) is the name of a spontaneous group of companies and specialized outdoor retailers that have decided to protect the value of their brands by rethinking the end-of-season sales calendar in Italy. The initiative, launched by the Italian Outdoor Group’s (IOG) Working Table, aims to make the ...
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News briefsGrundéns introduces waders with Gore-Tex, wading boots with Vibram
Grundéns, a Swedish fishing apparel and footwear manufacturer, has announced an innovative wading collection to the market. The collection will be available in spring 2023 at Grundéns retail partners and on grundens.com. The waders feature Gore-Tex materials and an advanced support system and offer anglers freedom of movement in and ...
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News briefsCotopaxi appoints president
Source: Cotopaxi Damien Huang Just days after hiring a VP of People & Inclusion, Salt Lake City-based outdoor gear brand Cotopaxi has named Damien Huang president to drive strategy, operations and execution, reporting to founder and CEO Davis Smith. Cotopaxi began its search for its first-ever president ...
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Sponsored7 reasons why you can’t miss OutDoor by ISPO
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News briefsScott Sports builds travel division
Scott Sports is expanding its product portfolio and building its own outdoor travel division. At scott.com/travel, offers can already be found, which Scott divides into the areas of “Trail” (MTB), “Explore” (Bike/Surf) and “Performance” (Roadbike). The Swiss company is currently searching for a product manager for the new business area. ...
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ArticleChristoph Engl: “It cannot be a dogma that Europe is always a better production site”
In a detailed post on LinkedIn, CEO Christoph Engl explains the production strategy of the Oberalp Group. In the text, originating from a speech at the Oberalp Convention, Engl argues against seeing Europe as a better production site in a global comparison. He also announces his intention to make suppliers ...
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News briefsNaturkompaniet donates record amount to nature conservation projects
Every year, the Swedish retailer Naturkompaniet donates a portion of its profits to selected environmental and nature conservation organizations. The theme of this year’s ”Naturbonus” is biodiversity in Sweden and around the world. The five selected organizations for 2022 have now been selected and can look forward to a record ...
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Short stops
Short Stops Week 21, 2022
EXECUTIVE CHANGES +++ Spinnova, the Finnish biomaterials developer, has appointed Teemu Lindberg as executive vice-president of production scaling, a new role to lead Spinnova’s fiber production scaling and new factory projects globally +++ Gabe Maier returns to the U.S. outdoor specialty retail trade group Grassroots Outdoor Alliance (GOA) to become ...
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ArticleThe North Face helps drive Q4 revenue rise, but Vans hit by China lockdowns
VF Corp reported a revenue increase of 9 percent to $2.8 billion (€2.65bn) in the fourth quarter of 2022, driven by The North Face (TNF), although sales at Vans were flat during the period. Sales were boosted by a 15 percent increase in the EMEA region and 12 percent in ...
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News briefsSchöffel marks all products with the new Echo label, indicating sustainable aspects
German brand Schöffel has introduced a new signet called “Echo’” to mark its products with sustainable aspects. The new sustainability label is an acronym for the words “environment,” “community,” “humanity,” and “opportunity” and will be added to every qualifying product as a hangtag and in communication. For ...
