All Outdoor Industry Compass articles in OIC Vol. 17, Issue 3 – Page 10
-
ArticleArc’teryx unveils first Alpha Store, ‘challenging retail status quo’
Canadian outdoor brand Arc’teryx, founded in 1989, has unveiled its new Alpha store format in Toronto. The company said the US debut will follow later this summer at 580 Broadway in Manhattan. Other future openings have not yet been announced. “Arc’teryx is looking to challenge the retail status quo and ...
-
ArticleNew US Outdoor Alliance report: Expanding outdoor recreation while fighting climate change
Expanding access to outdoor recreation while combating climate change and preserving biodiversity are some of the key climate benefits of natural solutions. This is according to a new policy report released today by the Outdoor Alliance (OA), a US non-profit organization that protects public lands and waters on behalf of ...
-
News briefsTNF opens new concept store in Singapore
The North Face (TNF) returns to Singapore’s retail landscape courtesy of one of the Middle East’s leading family conglomerates, GMG, following its withdrawal in 2017. The new concept store, with a retail space of around 230 sqm in VivoCity, is the first of its kind Southeast Asia and features products ...
-
ArticleeBay introduces new resell feature
Source: eBay eBay has announced its new “Resell on eBay” feature, which allows users to offer their clothing on eBay with a few clicks of the mouse. The new feature has been developed as part of eBay’s commitment to make it easier for brands and buyers to ...
-
ArticleBankrupt Renewcell sells pilot plant to manufacturer of non-oil absorption materials
Six weeks after Renewcell’s liquidator, Lars-Henrik Andersson, announced that several bids had been made for the business and assets of Swedish textile recycler Re:NewCell AB, Biosorbe, a Swedish company that produces a bio-based product for absorbing spilled oil, announced on Tuesday that it has acquired the bankrupt textile recycler’s pilot ...
-
News briefsSpinnova producer obtains FSC Chain of Custody certification
Woodspin, the exclusive producer and seller of the innovative Spinnova fiber, has achieved Forest Stewardship Council (FSC) Chain of Custody certification. This recognizes that the wood used by Woodspin for its fibers can be fully traced from its origin to the final fiber product. Woodspin is a 50/50 joint venture ...
-
News briefsAngling Direct sees full-year profit double
UK-based fishing tackle retailer Angling Direct saw its pre-tax profits climb to £1.5 million (€1.7m) in the year ended Jan. 31, 2024, up from £700,000 (€815,000) the year before, driven by the development of its omnichannel offer and the growth of its store footprint. Gross margin increased by 34.9 percent. ...
-
ArticleLeatt Q1 sales continue to decline, but inventories normalize
After a sales boom during the pandemic years, the shares of the South African manufacturer of protective equipment for motorized and non-motorized off-road two-wheelers Leatt Corporation (traded OTC in the US), like many others, have experienced a “down-to-earth” development in the post-Covid period. This continued in the first quarter of ...
-
News briefsGiant Group says stock overhang also weighs on Q1 sales results
The ongoing strained situation in the bicycle industry also has an impact on the sales results of the leading Taiwanese bicycle manufacturer Giant Manufacturing Company Ltd in the first quarter of 2024. The continued large-scale reduction in inventories in Europe and North America and the reluctance to place orders on ...
-
News briefsGiant expands own-store network in Spain
According to CMDsport, Giant has opened a fifth own-store in Spain. This one covers 500 square meters, boasts a section devoted to women’s cycling and is situated in the island capital of Santa Cruz de Tenerife. The brand believes it is sure to become a flagship in Spain, like its ...
-
OpinionThe bad reputation of the textiles industry: Are we ever going to get rid of the misconceptions?
Our columnist Charles Ross comments on EOG’s recent announcement that the first project funded through its Impact Accelerator Fund (IAF) initiative will focus on improving access to renewable energy in Taiwan and will be led by an organization called Act Renewable.
-
ArticleOutdoor industry collaborates to fund renewable energy project in Taiwan
The European Outdoor Group (EOG) has announced details of the first project funded by its Impact Accelerator Fund (IAF) initiative. Focusing on increasing access to renewable energy in Taiwan, the project is being led by an organization called Act Renewable and has the potential to benefit many outdoor brands. Launched ...
-
News briefsNiclas Nyrensten declines re-election and leaves RVRC’s board
Niclas Nyrensten, board member and co-founder of RevolutionRace (RVRC), has announced that he will not seek re-election to the company’s board and will step down in July 2024 at the latest. “The company has, after 10 years, become mature enough to manage without the founders – I and Pernilla, said ...
-
ArticleThe Lycra Company and Qore get support from Dairen Chemical
The Lycra Company announced the signing of a letter of intent with Dairen Chemical Corporation (DCC) to convert Qira – a brand of BDO (1,4-butanediol) – into environmentally friendly PTMEG, the main ingredient in its patented bio-derived fiber Lycra. Dairen will be the first company in the world to produce ...
-
ArticleVista Outdoor weighs buyout offer, reports Q4 results
The board of Vista Outdoor continues to recommend the sale of its The Kinetic Group to Czech group CSG, which would pay shareholders $12.90 a share in cash and one share in its Revelyst spin-off. However, the company will conduct a special meeting on June 14 to consider another buyout ...
-
Short stops
Short Stops Week 20, 2024
DTC & E-COMMERCE +++ Australian adventure brand Sea to Summit has launched a new DTC website in Canada, giving consumers 24/7 access to its full range of gear, including its newly launched cookware, eating utensils, sleeping bags and mats +++ RETAIL & DISTRIBUTION +++ French outdoor apparel brand ...
-
News briefsSuperfeet welcomes new CFO
Source: Superfeet Kathryn McKenzie Pacific Northwest-based insole specialist Superfeet announced the appointment of Kathryn McKenzie as its new Chief Financial Officer. With a distinguished background financial and strategic leadership, McKenzie joins Superfeet to spearhead the company’s financial strategies. The company said McKenzie will play a crucial role ...
-
News briefsVasque builds European network
US footwear brand Vasque is working with its exclusive UK agent, Northcol, to establish a pan-European network of agents to represent the brand. Representatives have already been established in key countries such as France (ibrg-agency), Benelux (Van Lierop agencies), Italy (Box Agency) and Spain (Sworks). The brand intends to expand ...
-
ArticleIsbjörn has the highest second-hand value among kids’ brand
In a new independent study by Tradera.com, Sweden’s largest online marketplace for the circular economy, Swedish premium and sustainable outdoor children’s clothing brand Isbjörn has the highest second-hand value on the circular market. Tradera looked at the number of online searches, items sold, average prices and sales ...
-
News briefsBuff and Surfrider Foundation collaborate
Spanish headwear and neckwear brand Buff has announced a new collection with Surfrider Foundation and Surfrider Foundation Europe. Designed by Cornwall-based artist Gemma Lessinger, the collection aims to help raise awareness and drive change so the ocean can be enjoyed by future generations. Buff has been a longstanding advocate for ...
