All Outdoor Industry Compass articles in Volume 15, Issue 7
View all stories from this issue.
-
News briefsMillet Mountain Group opens factory in Tunisia
Millet Mountain Group (MMG), the owner of French mountaineering and mountain apparel brands Millet and Lafuma, is opening a new factory in Tunisia. The 3,500-square-meter facility in Monastir has an automated cutting room featuring quilting technology and mechanical and laser cutting machines. The factory also features two embroidery machines and ...
-
News briefsDainese and Momodesign partner on urban and outdoor clothing line
Dainese is teaming up with Momodesign on a new line of clothing, footwear, helmets and accessories designed for the outdoors and urban mobility. Upon the terms of the all-Italian license agreement, the products will be designed by Momodesign in its Style Center and manufactured by Dainese, which will also distribute ...
-
News briefsTaiwan's bicycle exports continue to grow at double-digit rates this year
According to figures from the Taiwan Ministry of Economic Affairs and the Taiwan Bicycle Association, exports of bicycles, e-bikes and bicycle components from Taiwan reached almost $2 billion for the period from January to April 2022, representing year-on-year growth of 28.4 percent. The overall export increase was driven by components, ...
-
News briefsNRDC’s PFAS petition signatures delivered to Columbia Sportswear
The Natural Resources Defense Council (NRDC) and the U.S. Public Interest Research Group (PIRG) Education Fund are continuing their campaign against Columbia Sportswear, calling for the phase-out of toxic PFAS from the company’s supply chain. As part of the campaign, the activist groups delivered 48,000 petition signatures to Columbia CEO ...
-
News briefsSimplifyber successfully closes new funding round for cellulose-based material innovation
Source: Simplifyber Simplifyber, a U.S. start-up company founded by designer Maria Intscher-Owrang, has finished a funding round, generating $3,5 million to back up the go-to-market of the company’s regenerative material that aims to make weaving or knitting obsolete. The product Simplifyber is a cellulose liquid based on ...
-
News briefsSnowleader to distribute and produce Eider brand in Europe
Snowleader, a leading online retailer of outdoor and snow sports products based in the Savoy region of France, has signed a licensing agreement with the Korean K2 Group to design, produce and distribute Eider in Europe. This comes more than two years after Millet Mountain Group – then part of ...
-
ArticleAnalysis: Outdoor industry stocks fell more than 21% in Q2
Outdoor industry stocks fared worse in the second quarter than in the first period of 2022, declining an average of 21.18 percent compared to a 17.84 percent sequential drop in the average stock prices of companies primarily involved in the outdoor and bicycle sectors. This time around, our quarterly analysis ...
-
News briefsEarly bird deadline for EOS 2022 extended, new workshop added
The deadline for early bird delegate registration for the European Outdoor Summit (EOS), to be held Oct. 6-7 at the Impérial Palace in Annecy, France, has just been extended to July 20. Early bird attendee tickets are €600 + 20% VAT for EOG and OSV members and €700 + 20% ...
-
News briefsBergzeit study sees pleasure trumping performance in outdoor sports activities
German mountain sports e-tailer Bergzeit has conducted a new online study among roughly 3,400 of its customers in the German-speaking countries to find out about their motivation in outdoor sports, goals, planning, equipment, travel choices, social media use and the consultancy expected from a retailer. One of the major takeaways ...
-
News briefs
Bluesign expands data and impact measuring services
Bluesign has expanded its system partnership service offerings as a full-service sustainability solutions system, expanding into promotional, workwear, corporate wear, home textile and footwear segments. The platform is launching Data Services and Impact Services for brands and manufacturers, tiered service packages with expanded capabilities that enable brands to actively monitor ...
-
News briefsNew repair center in Amsterdam opened by Makers Unite and Patagonia
The creative textile platform Makers Unite and outdoor clothing brand Patagonia have opened the United Repair Center (URC) in Amsterdam. According to the Amsterdam Economic Board, the URC is capable of annually carrying out 300,000 clothing repairs for affiliated brands and their customers. In addition to Patagonia, other clothing brands ...
-
ArticleBicycle Stocks Q2 2022: Russia’s invasion causes market low
After the stock market booster called hope catapulted the OIC Bicycle Stock Chart 2021 to new heights and seemed to defy all realities, the high flight ended with Russia’s invasion of Ukraine. The chart of the first quarter of 2022 already showed a steep decline, which now also continued in the second quarter.
-
News briefsCarbios signs two-year deal with Patagonia, On, Puma and Salomon for circularity research
The French biorecycling provider Carbios has signed an agreement with On, Patagonia, Puma and Salomon to develop solutions aiming to enhance the recyclability and circularity of the brands’ products. The consortium wants to speed up the introduction of Carbios’ biorecycling technology and research how entire products can be recycled easier, ...
-
News briefsCalzados Bestard tops last year’s record H1 sales
Calzados Bestard generated revenues of €3 million in the first half of 2022, for a year-on-year gain of 2.5 percent. With its €7 million in sales, however, last year was exceptional – the best ever for the Spanish producer of mountaineering, hiking and trekking boots. Sales this year have improved ...
-
News briefsSalewa acquires the Vertic Outdoor stores in Spain
Salewa Ibérica has acquired the chain of mountain sports stores Vertic Outdoor, CMD Sport has reported. The financial details of the transaction have not been disclosed. The three brick-and-mortar stores of the chain, located in Barcelona, Sabadell and Manresa, will later operate as Salewa Mountain Shop Vertic. Vertic Outdoor also ...
-
ArticleVista Outdoor to acquire Fox Racing
Virginia-based Vista Outdoor Inc, the parent company of 39 sports and outdoor brands, announced it has entered into a definitive agreement to acquire Fox Racing, a global provider of high-performance motocross, mountain biking and lifestyle gear from Irvine, California. The purchase price is $540 million, with the possibility of earning ...
-
News briefsStorck launches third crowdfunding campaign
The German company Storck Bicycle has launched another crowdfunding campaign, the third after 2017 and 2018. The campaign offers interested investors the opportunity to participate in the company founded in 1995 with a fixed interest rate of 6.50 percent per year with semi-annual interest payments. The investment limit is €1.5 ...
-
News briefsSpecialized to establish European innovation center in Germany
Specialized has announced the merger with Denk Engineering, an independent design office in the cycling industry from Freiburg, Germany. “This merge is an important part of a larger strategy to develop our European Innovation Hub,” Scott Maguire, CEO of Specialized, said. “We will build a new state-of-the-art innovation center facility ...
-
News briefsRottefella victorious in patent lawsuit
According to a LinkedIn post by Rottefella, the company, together with Madhus, won a patent lawsuit against Amer Sports and its Salomon and Atomic brands at the Oslo District Court. The lawsuit involved patent rights for detachable bindings for cross-country skis and a solution for easy adjustment and installation of ...
-
News briefsDeuter enters trail running category with backpacks
Source: Deuter New Deuter Ascender 7 trail running backpack German brand Deuter is entering the trail running/speed hiking market with two small (7 and 13 liters) backpacks with running vest-like features. Like all Deuter products since 2020, the new Ascender backpacks are PFC-free. In addition, the main ...
