All Outdoor Industry Compass articles in Volume 15, Issue 8+9 – Page 8
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Short stops
Short Stops Week 30, 2022
CORPORATE AND M&A +++ The Weinel Group, the parent company of Pennsylvania-based search and rescue equipment maker Rock-N-Rescue, acquired the Omega Pacific brand and associated trademarks in June, reviving one of the original rescue and climbing equipment brands that ceased operations in Washington state in 2020 after 38 years in ...
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News briefsLenzing partners with Red Points on IP protection
Lenzing, the global producer of wood-based specialty fibers, has announced a new partnership with Red Points, the specialist in online brand protection, to fight counterfeits and protect its customers. The partnership will help Lenzing strengthen its current brand protection efforts globally and help monitor brand services. Red Points automatically uses ...
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News briefsB Lab releases new Best for the World ranking lists 2021
After pausing its ”Best for the World” lists in 2020 over the Covid-19 crisis, B Lab has now released its list for 2021. “Best for the World” recognizes B Corps worldwide whose B-impact assessment scores rank in the top five percent of their company size track in one or more ...
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ArticleThule Group maintains Q2 gross margin on price hikes, efficiencies
Source: Thule Group Magnus Welander, President and CEO Thule Group was able to maintain its second-quarter gross margin rate at 42.2 percent year-on-year through price increases and efficiencies that helped offset negative margin impacts from higher raw material costs and freight prices coupled with unfavorable exchange rates. ...
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News briefsBike24 revises 2022 annual forecast
German bike, running and swimming sports online retailer Bike24 Holding AG has revised its previous forecast for the full year 2022 downwards due to the further deterioration in economic conditions in Q2 2022. According to the Dresden-based company, which has been listed on the stock exchange since June 2021, the ...
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News briefsBluesign updates 2022 criteria catalog for converters
Bluesign has provided its 2022 criteria catalog with updates. The 2022 revision takes new scientific findings on the toxicological and ecological profile of substances into account, as well as new legal classifications of chemical substances, new legal limits for consumer safety, revised risk assessments according to the Bluesign criteria for ...
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News briefsNew campaign advocates for new living wage legislation
The Clean Clothes Campaign (CCC) and other activist organizations have partnered to launch a new campaign that is said to be the biggest European campaign on living wages ever. The aim of the “Good clothes, Fair Pay” initiative is to collect one million signatures from European citizens to support the ...
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News briefsEuropean ski industry recovering slowly after the pandemic
The European ski industry is slowly recovering after “a disastrous season hit by Covid-19,” the Federation of the European Sporting Goods Industry (FESI) has said. According to results in the trade organization’s recent annual ski market report, skis and ski-equipment sales for the 2021/22 season increased slightly from those of ...
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News briefsMulticycle announces seven new openings in Germany
Following the opening of its 30th bicycle store in its home country of Germany in Gütersloh, Multicycle Fahrrad-Handels GmbH & Co. KG has announced the opening of no fewer than seven additional locations until the first quarter of 2023. With its expansion plans behind it, the chain store operator (Multicycle ...
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News briefsSamsonite has divested all commercial activities in Russia
According to a company release, Samsonite International S.A. (and its consolidated subsidiaries) divested its Russia business on July 1. The withdrawal’s financial terms and details have not been disclosed. The company had announced in March that it had suspended all commercial activities in Russia until further notice. Kyle Gendreau, Samsonite’s ...
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Article#SheisOutdoors announces winners for 2022
The #SheisOutdoors Awards jury has announced the winners for the 2022 summer season. “The winners give a good overview of what retail experts want for the market: a good mix of, on the one hand, products that are perfect for a very specific area of use and, on the other ...
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News briefs
Fox Factory sues SRAM for patent infringement
As our colleagues at the American edition of SGI have reported, Fox Factory has filed suit in Los Angeles federal court against SRAM. Fox alleges that SRAM’s RockShox ZEB Ultimate Flight Attendant fork, which made its debut this past autumn, infringes its U.S. patent for a suspension fork air-bleed assembly. ...
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ArticleREI's Path Ahead Ventures launches first founders of color support program in the U.S.
U.S. retailer Recreational Equipment, Inc. (REI) is launching its Navigate accelerator program with an inaugural cohort of six companies. Path Ahead Ventures partners with founders of color as they further their growth in the outdoor industry, offering them a 16-week program that provides funding, mentorship, curated programming and access to ...
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News briefs
Superfeet expands partnership with Materialise, introduces new tool
The sole company Superfeet has expanded its partnership with Materialise, a company providing 3D-printing solutions. Together the two companies are introducing the new Materialise Kinetic Suite. The tool is designed to provide physical therapists, chiropractors and sports-movement specialists with an all-in-one system for dynamic gait and balance measurement and analysis. ...
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News briefsHoudini launches new circular collection developed with Woolmark, Tencel and Südwolle
The Swedish brand Houdini has announced the launch of a new sub-collection within its range, designed for circularity. Called The New Naturals, the collection offers products from base to shell layers. Its fabrics are all made from bio-based fibers, developed by Houdini in partnership with Lenzing (which is contributing its ...
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News briefsEco-Age hosts round-table talks on sustainability and future topics
Eco-Age, an agency for sustainable business strategy, has started a series of updates on textiles and current business-relevant CSR affairs called “The Shifting Tide” in partnership with supply chain specialists of Equiception. On September 8, 2022, a session on ”The Great Greenwashing Machine” is on the agenda: an update on ...
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News briefsSmith hires Scott Randall as new global VP of product
U.S. goggles and helmets specialist Smith has named Scott Randall as global vice president of product. Randall has started his career in retail with Nike Australia before hiring at Oakley. Scott Randall Staying at Oakley for 18 years, he has been working at the brand’s headquarters in ...
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ArticleNew association to support cycling start-ups in France
A new French trade association, called Cycling Tech France, has been launched to support national cycling start-ups, Sport-Guide has reported. The organization, established by Eric Dodin and Alexandre Rispal, gathered for its first official meeting on July 1. Based on Sport-Guide’s information, the association’s members currently include Ateliers Heritagebike, Caminade, ...
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News briefsRebike opens new flagship store in Frankfurt, Munich shop to follow soon
While the first Eurobike was held at the exhibition center, the online specialist Rebike Mobility opened its first flagship store in Frankfurt on July 15, 2022. Another Rebike store in Munich is planned to follow at the end of July. With the new brick-and-mortar concept, the Munich-based online specialist Rebike ...
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News briefs
Michael Casey becomes interim CEO at Kathmandu
Reuben Casey, who over the last 12-plus years has served the company in a variety of senior executive roles, among them CFO and COO, is resigning from New Zealand’s KMD Brands Ltd. Michael Casey will be serving as interim Kathmandu CEO while the group considers options for Reuben Casey’s replacement. ...
