News Briefs – Page 100
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News briefsJohnson Outdoors focuses on managing global supply chain issues
The U.S. parent of a portfolio of fishing, diving, camping, and watercraft brands, including Jetboil, Old Town, Eureka! and Ocean Kayak, saw its third-quarter gross margin dip to 36.1 percent from 45.7 percent in the year-ago period due to increased material costs that were driven by supply chain dynamics. With ...
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News briefs10th annual OIA conference features inspiring speaker lineup
The tenth annual OIA Conference will be held Sept. 7 and 8 in Sheffield, England, at the Crowne Plaza Royal Victoria. The list of speakers published by the Outdoor Industries Association around the key theme of “Open up the outdoors for everyone, how our industry can welcome the new, challenge ...
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News briefsNew joint Textile Tracer Assessment report released by Fashion for Good and Textile Exchange
Fashion for Good and Textile Exchange have jointly released the Textile Tracer Assessment, an analysis and guide of physical tracer technologies for the industry. According to Textile Exchange, the assessment aims to benchmark capabilities and applications to help suppliers and brands choose the right solution for their traceability models and ...
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News briefsNew global bike show planned in Portland in 2023
According to BikePortland, the city in the U.S. state of Oregon will host a new bike show next year called the MADE Global Bike Show, a new “industry and consumer bike event with a mission to bring frame builders, media and makers together to elevate and inspire.” It is scheduled ...
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News briefsSpecialized acquires U.K. retail chain Rutland Cycling
Specialized has taken over Rutland Cycling, an independent cycle retailer in the U.K. Founded in 1981, Rutland currently has 12 stores in operation. Big Growth Fund, the London-based investment firm that became the largest shareholder in the company in March 2014, will be completely exiting the business. Simon Homer, managing ...
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News briefsVittoria issues €5 million sustainability bond through UniCredit
Italian bicycle tire specialist Vittoria, owned by its management and private equity fund WISE Equity, has issued through UniCredit a €5 million ESG (Environmental, Social, and Governance) sustainability-linked bond, which will help finance its investments in capacity and innovation in Thailand and Italy. The bond has a duration of six ...
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News briefsRecco and Non-Stop Dogwear join SOG
SOG (Scandinavian Outdoor Group) is welcoming two new members: Recco, the well-known search and rescue technology brand from Sweden, and Non-Stop Dogwear, a Norwegian brand that outfits dogs and their owners with outdoor gear and clothing. The pan-Scandinavian group now counts 70 industry members.
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News briefsWoom cooperates with kids’ eyewear brand SooNice
Source: woom The Austrian children’s bike brand Woom is collaborating with the children’s sunglasses label SooNice, also from Austria, to launch a special edition of the SooNice Sunnies. Every newly purchased Woom Original 2, 3 or 4 bike now comes with a pair of these special edition ...
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News briefsRocky Brands’ margins hurt by cost pressures
Rocky Brands suffered a significant decline in second-quarter gross margin to 33.2 percent from 37.4 percent in the year-ago quarter due to higher products and inbound freight costs coupled with higher logistics expenses. Despite the negative impacts, the company said it did not experience any noticeable sales slowdown related to ...
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News briefsEquip hires new head of marketing
Source: Equip Outdoor Technologies Trudi Boswell Trudi Boswell, a long-term outdoor industry veteran, has joined the Equip Outdoor team as the new head of marketing for the Equip brands Lowe Alpine and Rab. For over five years, Boswell has worked at Mammut, filling the role of managing ...
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News briefsOberalp Group expects growth to continue in 2022
The Oberalp Group posted revenues of €303 million in 2021, up from around €220 million in 2020. Oberalp owns the brands Salewa, Dynafit, Pomoca, Evolv, Wild Country and LaMunt. In an interview with Pambianconews, Oberalp’s board member Ruth Oberrauch said that the company expects revenues to increase further in 2022 ...
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News briefsPorsche’s e-bike joint ventures with Ponooc start operations
Source: Porsche AG Jan Becker, Chairman of the Management of the Porsche eBike Performance GmbH As reported earlier, German sports car maker Porsche is looking to expand its e-bike commitment. For that purpose, two joint ventures have started their business today, which Porsche has founded ...
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News briefsPeak Performance sustainability report 2021 published
The Amer Sports brand Peak Performance has published its sustainability report 2021. The comprehensive paper highlights the main actions taken during the year and delivers a full list of Tier 1 and 2 suppliers and material info. Besides the successes made, the long-term circularity goals are defined for product longevity, ...
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News briefsIcebreaker publishes transparency report with a focus on regenerative agriculture
VF Corp. brand Icebreaker, headquartered in Switzerland since 2021, has published its latest transparency report, purposefully choosing earth overshoot day as a release date. The report mainly focuses on the efforts and successes the brand has made in regenerative agriculture, one of the important aspects of product circularity. The information ...
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News briefs
Quarterly outdoor recreation sales fell 5.7 percent for Newell Brands
Newell Brands, which reported a 5.7 percent drop in outdoor & recreation sales to $427 million from $453 million in the second quarter, said the segment’s core sales increased 2.5 percent during the period against a difficult year-ago comparison. Outdoor equipment revenues outside the U.S. fueled the sales gain in ...
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News briefsMore outdoor brands commit to Slide & OTS Winter
In the second year of the official collaboration between Slide and OTS, more outdoor brands have secured a spot at the 2023 winter edition. Show organizer Lesley Beck commented, “In addition to our returning snowsport and lifestyle brands, we have seen a noticeable increase in the number of inquiries coming ...
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News briefsCanyon receives reported $30m in new investment
Various press outlets are reporting that Canyon Bicycles has received an estimated $30 million in new capital from two investors. One is LRMR Ventures, the investment group run out of Akron, Ohio, by the NBA player LeBron James and his longtime associate Maverick Carter. (James took a minority interest in ...
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News briefsVSF and BICO jointly expand support for the specialist bicycle retail trade in Germany
The board of directors of the German bicycle industry association VSF (Verbund Service und Fahrrad e.V.) and the supervisory board of the purchasing association Bike&Co (BICO) have signed a cooperation agreement at Eurobike to work more closely together. This covers the areas of product supply, training and education, and politics. ...
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News briefsVango and Trakke give tent fabrics a new life
Vango, the British specialist in camping and outdoor equipment, has teamed up with Glasgow-based backpack manufacturer Trakke to create a collection made from recycled tent fabrics. The limited-edition collection, called “Past Tents,” is a nod to Vango’s camping heritage and Trakke’s commitment to sustainable backpack design. The five models in ...
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News briefsPolygiene benefits from currency gains in Q2
Swedish antimicrobial textile treatments manufacturer Polygiene reports that its Q2 (ended June 30) net income more than doubled to 17.2 million Swedish kroner (€1.7 million) from SEK 8.3 million, while sales rose 1.3 percent to SEK 47.5 million (€4.6 million) from SEK 46.9 million. Sales in the Americas, including merchandise ...
