All Article articles – Page 80
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ArticleSchwan-Stabilo's outdoor division grows 16% in 20/21 despite lockdowns
Despite Covid-19, the German Schwan-Stabilo group achieved sales growth of 2.2 percent to €623.2 million in fiscal 2020/21 (previous year: €609.8 million). The Stabilo (writing utensils) and Outdoor subgroups, which grew significantly despite the pandemic, contributed substantially to this. For the group’s Cosmetics segment, the impact of the pandemic was ...
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ArticlePerformance Days in Munich canceled due to Covid; digital show instead
The physical edition of Performance Days – initially planned for Dec. 1-2 – had to be canceled at short notice due to the current sharp rise in Covid infections in Munich. The winter edition of the show will now be moved entirely into the digital space. “Extraordinary situations require extraordinary ...
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ArticleE-commerce in Latin America to grow 37 percent by 2021, digital wallets for payment on the rise
According to the Beyond Borders 2021/2022 study by EBANX, a payments company that connects global and local businesses with Latin American consumers, the Latin American digital commerce market is expected to grow 37 percent year-on-year by the end of 2021, with double-digit growth across the region through 2025. Within this, ...
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ArticlePierer buys Felt from Rossignol, enters non-e-bike market and North America
The Rossignol Group has agreed to sell its American brand Felt Bicycles to the Pierer Mobility Group, a European leader in “powered two-wheelers,” including motorcycles and e-bikes, based in Austria. Rossignol explained the move with a desire to focus its bike operations on mountain bikes sold under the Rossignol brand, ...
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ArticleEOCA launches fundraiser around Black Friday to raise funds for conservation projects
Following on from the success of its Earth Day fundraiser in April, the European Outdoor Conservation Association (EOCA) has announced the launch of its online fundraiser on and around Green (Black) Friday to raise money for urgent nature conservation projects. Hot on the heels of the opening of the COP15 ...
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ArticleAustria imposes a general lockdown, Germany approves a new infection protection act
Without waiting for the end of a previously imposed confinement for the unvaccinated, which started on Nov. 15, the Austrian government decided that everybody will go into a general, nationwide lockdown for a maximum of 20 days on Monday, Nov. 22, and that it will be extended for unvaccinated people ...
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ArticlePorsche continues to invest in e-bikes
After presenting its first e-bike under the Cyklær brand name with partner Storck Bicycle, the Gravel Racer, at Eurobike this year, Porsche is now acquiring a majority stake in e-bike manufacturer Greyp Bikes. The German sports car manufacturer’s venture capital unit, Porsche Ventures, has already held around ten percent in ...
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ArticleEOG supports ISPO’s new trade show calendar - Interview with Arne Strate
Source: Arne Strate Arne Strate Following Messe München’s announcement that it will permanently relocate the dates of ISPO Munich and OutDoor by ISPO from 2022, which also includes moving ISPO Munich 2022 from January to November, the European Outdoor Group (EOG) has officially welcomed the announcement. Arne ...
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ArticleFashion for Good and Apparel Impact Institute map the path to net zero in fashion
In a new report released at the Textile Exchange 2021 Textile Sustainability Conference in Dublin, Fashion for Good and the Apparel Impact Institute (Aii) have investigated the ways for the fashion industry to meet the net-zero goal. Estimating the emissions reduction of existing and innovative solutions, the paper also calculates ...
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ArticleEU suggests new rules to combat deforestation and promote circular economy
The European Commission has adopted three new initiatives proposing rules to curb deforestation, facilitate intra-EU waste shipments, promote circular economy, and tackle the export of waste to third countries. From 1990 to 2020, the world has lost 420 million hectares of forest, an area larger than the European Union, according ...
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ArticleFormer Timberland CEO and his son unveil new “biocircular” sustainable hiking boots
Erem, a Nevada-based company founded in 2021 that calls itself “the first outdoor brand focused on desert performance,“ has unveiled a new hiking boot that is ”high on performance and low on environmental impact.” Source: Erem While most hiking boots today are made by thermo-fusing plastics and ...
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ArticleDespite supply chain challenges, On continues to grow after IPO
In its first quarterly report since its IPO, On Holding reported a sales increase of 67.6 percent to 218.0 million Swiss francs (€206.9m-$234.5m) in the third quarter ended Sept. 30, leading to a growth of 77 percent for the first nine months of 2021. The gross margin expanded by 5.6 ...
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ArticleFirst Dynafit brand store in Munich opens with expert panel on resort ski touring trend
Dynafit has opened its first brand retail store on Nov. 12 in downtown Munich, Germany, with 80 square meters of space. With the new store, the ski mountaineering specialist wants to establish a new meeting place for the local ski touring and mountaineering scene. At the opening, five experts discussed ...
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ArticleScandinavian Outdoor Group celebrates 20 years of partnerships
“It’s more fun to do business with Scandinavians” was the very first slogan of the Scandinavian Outdoor Group (SOG) that was founded by 15 companies in 2001, first and foremost to organize a joint and coordinated appearance at the international outdoor and sports trade shows in the Scandinavian Villages. Initiated ...
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ArticleThird annual profile outlines VF Corp’s inclusion and diversity strategy
VF Corp. has released its third IDEA (inclusion, diversity, equity and action) Annual Profile. The report covers the company’s fiscal year 2021 and defines key strategic pillars that serve as drivers and benchmarks for VF’s IDEA goals. VF has publicly committed to two ambitious goals related ...
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ArticleISPO Munich 2022 postponed to November; revised fixed schedule for ISPO Group shows
ISPO Group announced that ISPO Munich 2022, originally scheduled for the end of January, will be postponed to Nov. 28-30, 2022. At the same time, the date of OutDoor by ISPO 2022 was also moved to mid-June, thus establishing a completely new schedule for all future ISPO trade shows. SGI Europe and The Outdoor Industry Compass spoke with Tobias Gröber, executive director of the consumer goods business unit at Messe München, about the background to this decision.
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ArticleRecovering travel market provides upswing for Samsonite
Gregory Mountain Products saw its third-quarter sales increase 4.1% to $16.6 million, compared to $15.9 million a year earlier. The High Sierra bag brand increased 88.1% to $8.4 million from $4.5 million a year ago. Parent company Samsonite said its luggage business is rebounding as more people start traveling again ...
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ArticleLeatt with the next sales and profit record
South African two-wheeler protective equipment manufacturer Leatt Corporation, which trades over-the-counter (“OTC”) in the U.S., has set further records for sales and net profit in the third sales quarter of the current fiscal year 2021. Q3 results were not only the best in the company’s history but also marked five ...
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ArticleSupply bottleneck slows Bike24’s third quarter
German e-commerce cycling, running and swimming sports retailer Bike24 Holding AG, which has been listed on the stock exchange since mid-2021, reported good sales growth and continued high demand for its third quarter of the current fiscal year 2021. However, due to the “persistently tense situation on the sourcing market,” ...
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ArticleNike under suspicion of greenwashing in German media for destroying new footwear
In a broad investigative joint journalistic effort, several German media have chased down returned Nike footwear (used and new) that had been tagged with GPS trackers and went into a recycling plant in Herenthout, Belgium, to be destroyed and recycled into the “Grind” material that Nike uses for gym floors, ...
