All Article articles – Page 43
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ArticleJenny Tough on the outdoors, diversity and sustainability
Endurance athlete and solo adventurer Jenny Tough on how she rates the industry progress in sustainability and diversity, and her wish for the Outdoor sector.
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ArticleNemo expands Endless Promise circular economy program in the U.S.
Nemo, an independent designer of outdoor gear and accessories based in the U.S., has announced a recycling partnership with Ambercycle, a leading recycled textile innovator based in Los Angeles. Ambercycle uses a novel molecular regeneration technology to transform end-of-life textiles into high-quality, virgin Cycora® material. This collaboration, launched as an ...
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ArticleQ2 Bicycle Industry Stock Chart: Long-term outlook forecasts full recovery
In the current economic environment, the stock market – regardless of the sector – continues to be on a rollercoaster ride. This also applies to the bicycle stocks monitored by The Outdoor Industry Compass.
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ArticleNew Wave Group acquires Tenson
New Wave Group, the Swedish parent company of Craft, Seger, Auclair, Derby of Sweden, D.A.D. Sportswear and a total of nearly fifty brands in business, sports and leisure, gifts and home textiles, has acquired 100 percent of the shares in outdoor and lifestyle brand Tenson AB. Tenson, also from Sweden, ...
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ArticleSSU is hoping the worst market disruptions are over
Signa Sports United (SSU), while bracing for less-than-stellar FY23 results impacted by macroeconomic headwinds and high industry inventory levels, is taking steps to generate €100 million in Ebitda savings by FY25 and less operational complexity in FY24 that will return it to profitable, long-term growth. Meanwhile, the Germany-based e-commerce company, ...
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ArticleSwedish study warns of PFAS risk in traditional summer diet
The movement to ban the use of PFAS is growing. Now a new study by a Swedish environmental group has revealed the extent of the presence of these “forever chemicals” in food.
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ArticleSuccessful fundraising campaign by EOCA during Earth Day and OutDoor by ISPO
To mark both Earth Day 2023 and the annual fundraiser held on the association’s stand during OutDoor by ISPO, a large number of its members used the opportunities to show their support for the European Outdoor Conservation Association (EOCA) and nature conservation by raising additional funds. Earth Day has ...
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ArticleSecond Eurobike in Frankfurt meets expectations
The second Eurobike since its move from Friedrichshafen to Frankfurt boasted a top mark of more than 1,900 exhibiting companies, plus 34,750 trade visitors and 31,840 consumers over the weekend (2022: 33,780 Business Days and 27,370 Festival Days). Not least because of these figures, the 31st edition of the show ...
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ArticleData, legislation and climate crisis in focus at Better Cotton conference
Better Cotton, the world’s largest cotton sustainability initiative, concluded its annual conference, held June 21-22 in Amsterdam. The event, held both in-person and online, was attended by more than 350 industry stakeholders from 38 countries around the world who addressed four key themes: climate action, sustainable livelihoods, data & traceability ...
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ArticleEcco sales up 30% in 2022, but earnings lower than before Covid
In 2022, Ecco’s revenues rose by 30 percent to €1,586 million from €1,218 million a year earlier and exceeded a pre-Covid-19 turnover of €1,360 million posted in 2019. Comparable sales were up by 18 percent. In January 2022, the Danish footwear and leather group acquired a controlling interest in Ecco ...
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ArticleRebike Mobility with strong growth in the 1st half of 2023
The bicycle and e-bike market is facing a fundamental change. The ongoing professionalization of the used market, availability of young used bikes from the popular service bike leasing contracts as well as the longevity of premium e-bikes are positively boosting the second-hand market and promoting circular business models. This is ...
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ArticleStart of Eurobike 2023: Global bicycle industry remains optimistic
After moving from one high to the next during and right after the pandemic, the bicycle industry recently returned to a more normal pace. But at the opening of Eurobike 2023, the bicycle industry – represented by international experts at the official business press conference – is highly optimistic in ...
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ArticleU.S. action sports show Surf Expo will feature select outdoor product segments
Trade shows around the world continue to look for ways to redefine themselves or strengthen their presence in the order market, which is increasingly dominated by digital or exclusive events. The latest example is Florida’s Surf Expo, a three-day action sports trade show in Orlando produced by Emerald X, the ...
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ArticleFattinger to lead Woom alone, Ihlenfeld to head US team
Source: Woom Paul Fattinger Following the appointment of former CEO of Adidas, Kasper Rørsted, as Chairman of the Woom advisory board and the creation of a new innovation department, there is now a change in personnel at the top of the Austrian children’s and youth bicycle manufacturer. ...
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ArticleSödra and Lenzing receive largest EU LIFE subsidy for recycling project
In its largest funding ever, EU LIFE has granted €10 million for a project to scale up OnceMore®, an innovative, first-of-a-kind industrial-scale system for recycling of blended textile waste. The project is a collaboration between the Swedish Forest industry group Södra and the Austrian provider of specialty fibers Lenzing. Under ...
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ArticleUS Outdoor Participation Trends Report released, Vista Outdoor feeling bullish
Vista Outdoor, parent company of 41 brands , including outdoor and bike suppliers Camelbak, Camp Chef, Giro, Bell and Fox Racing, is celebrating the results of the Outdoor Industry Association’s (OIA) 2023 Outdoor Participation Trends Report. The 72-page report, released to all OIA members, shows that the number of outdoor ...
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ArticleVF Corp appoints new President and CEO
Source: VF Corp. Bracken Darrell Some 7 months after Steve Rendle decided to retire from the company after more than five years as Chairman, President and Chief Executive Officer and nearly 25 years of service, VF Corp – owner of Vans, The North Face, Timberland and Dickies, ...
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ArticleTextile Exchange and Leather Working Group collaborate on ethical supply chain
The Leather Working Group (LWG) and Textile Exchange collaborated to develop a call to action for leather supply chains. The no-deforestation leather appeal provides an opportunity to coordinate fashion industry initiatives, to improve the transparency of leather sources. The plan calls for establishing rules for leather sourcing ...
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ArticlePetzl exceeded its reuse and recycling goal in 2022
Petzl, the French mountaineering equipment supplier, has released its Impact Report 2022, its second after the first edition last year that referred to 2021. The new report reiterates the company’s CSR commitments, which include: reducing its carbon intensity by 50 percent, with 2019 as a baseline; recovering 100 percent of ...
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ArticleDimpora CEO Mario Stucki: “We make a membrane in a way no one else does”
A membrane that is waterproof, windproof, breathable, PFAS-free, biodegradable and recyclable. The science is already here. Dimpora’s CEO explains.
