All Outdoor Industry Compass articles in OIC Vol. 17, Issue 3 – Page 3
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News briefsWorldly appoints new executives to bolster product innovation and go-to-market strategies
Supply chain sustainability insights and data platform Worldly has hired Kevin Vranes as its new Chief Product Officer and Jay Gaines as Chief Marketing and Content Officer. They will play a key role in developing the company’s product innovation and commercialization strategies, respectively, to provide customers with solutions they urgently ...
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ArticleTug-of-war over Vista and Kinetic Group continues
While Vista Outdoor announced on June 25, after a long wait, that the Committee on Foreign Investment in the United States (CFIUS) has finally approved the proposed acquisition of Vista Outdoor’s The Kinetic Group division by Czechoslovak Group a.s. (CSG), Montréal-based MNC Capital Partners has once again stepped up its ...
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News briefsTwo long-standing executives to share new COO role at Garmin
Garmin announced today that Patrick Desbois and Brad Trenkle have both been appointed to the newly created role of Chief Operating Officer, effective July 1, 2024. Source: Garmin Patrick Desbois Desbois will provide executive oversight for Garmin’s aviation and auto OEM segments, global supply chain and operations, ...
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News briefsBioLite acquires Mpowerd
BioLite, a manufacturer of off-grid energy products, has acquired Mpowerd, a B-Corp specializing in solar lighting and charging. Both Brooklyn, New York-based companies share a similar business model and mission: to provide reliable, off-grid power anywhere in the world, especially in humanitarian settings. Now, under the umbrella of a single ...
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News briefsResearchers develop dissolvable fibers from gelatin
A team of researchers at the Atlas Institute at the University of Colorado Boulder have created a machine that spins textile fibers for clothing made of materials like sustainably sourced gelatine. The “biofibers” feel like flax fiber and will dissolve in hot water in minutes to an hour. The team ...
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News briefsZDHC integrates Sustainable Chemistry Index
Bluesign and Sustainable Chemistry for the Textile Industry (SCTI) have donated their joint Sustainable Chemistry Index (SCI) methodology to the ZDHC Foundation, aiming to foster sustainable chemistry within the textile industry. ZDHC will integrate the SCI into its Chemicals to Zero (CTZ-A) program and make the content freely available to ...
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News briefsAnna Ferrino honored with Compasso d’Oro career award
Source: Ferino Anna Ferrino Anna Ferrino, the CEO of the Italian outdoor brand Ferrino, has won an ADI Compasso d’Oro career award. The award ceremony took place at the ADI Design Museum in Milan on June 20, alongside the inauguration of an exhibition of the projects and ...
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ArticleOutdoor Retailer Summer in the books
Outdoor Retailer (OR) kicked off summer last week at the Salt Palace Convention Center in Salt Lake City, Utah, along with the Outdoor Design + Innovation Sourcing Show, which made its debut this year. OR introduced several new features, including the all-new Hosted Buyer Program, limited booth sizes (max. 185 ...
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ArticleReaction to ISS disapproval: CSG increases offer for The Kinetic Group
After the US proxy advisory firm Institutional Shareholder Services (ISS) recommended that Vista Outdoor shareholders abstain from voting on the Czechoslovak Group’s (CSG) offer for Vista Outdoor’s The Kinetic Group ammunition business, the Czech prospective buyer has now increased its purchase offer by $40 million from $1.96 billion to $2 ...
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News briefs7Mesh with new distributors in Europe and North America
Founded in 2014 by former Arc’teryx and Assos managers on Canada’s West Coast, technical cycling apparel brand 7Mesh Industries Inc. is now also represented by distributors in the Benelux market and in the Canadian province of Ontario. Approaching its tenth anniversary, these new appointments – alongside the recent expansion of ...
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News briefsHervis Update: Hanfeld to assume sole responsibility
Austrian sports retailer Hervis is taking the next step in its ongoing restructuring: Dr. Ulrich Hanfeld will take over sole management responsibility by the end of June 2024. We reported earlier this month that the retail chain would be run by a management duo. The retail expert was hired at ...
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OpinionRecap: OTS 2024 Sustainability Breakfast
The British Outdoor Trade Show summer event has copied the principle of the European Outdoor Group’s (EOG) gathering on the second morning of the show to get interested people in the same room to focus on a subject. Whereas OutDoor by ISPO has migrated to the whole reach of the ...
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ArticleTrade show recap: OTS finds a long-term home in Liverpool
Last week, outdoor brands, retailers, not-for-profit organizations, and journalists headed to Liverpool for the 2024 edition of the Outdoor Trade Show (OTS), which, after changing venues multiple times over the last decade, seems to have firmly made the Liverpool Exhibition Centre its home. Held over three days across one 8,100-sqm ...
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ArticleManufacturer of Schwalbe tires massively expands recycling
One year after the introduction of the first Green Marathons bicycle tire – made from used tires, among other things – the German Schwalbe bicycle tire manufacturer Ralf Bohle GmbH announces that the majority of its Schwalbe tire range will be manufactured with recycled carbon black (rCB) with immediate effect. ...
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ArticleDarfon Electronics takes over wholesaler and importer Grofa
In August 2020, the German wholesaler and importer Grofa Action Sports GmbH took over the exclusive distribution of the e-bike brand BESV from electronics giant Darfon Electronics Corp. in Germany and Austria. The management board of the listed Taiwanese company has now approved an agreement to this effect. According to ...
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News briefsBiciclick ventures outside Spain
Biciclick (biciclick.es), a buying group with a specialty in e-bikes (not to be confused with bibiclick.co, an apparent bike-rental service), has been operating a multichannel business exclusive to Spain. This year, however, as we learn from CMDsport, the group has opened its e-commerce to nine other European countries: France, Italy, ...
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ArticleGerman custom bike manufacturer Rotor Bikes relaunches directly after insolvency
Due to liquidity problems, the Leipzig-based complete bike, frame and wheel manufacturer Rotor Bikes GmbH (not to be confused with the Spanish bicycle component manufacturer Rotor Components Technologicos S.L.!) filed for insolvency on June 4. According to the company, this step has set the course for a new start under ...
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News briefsNew UK distributor for Dometic mobile cooling products
Swedish company Dometic has appointed Dalesman International Limited, founded in 1965, as its UK distributor for Dometic-branded mobile colling units with effect from Jan. 1, 2025. Dalesman had already been distributing products from the US brand Igloo, which Dometic acquired at the end of 2021. “Having the two leading ...
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News briefsAdvisory firm withdraws recommendation for The Kinetic Group/CSG deal
US proxy advisory firm Institutional Shareholder Services (ISS) has surprisingly recommended that Vista Outdoor shareholders abstain from voting on Czechoslovak Group’s (CSG) $1.96 billion bid for The Kinetic Group’s ammunition business. ISS has thus updated its analysis after initially recommending that the deal be approved. The transaction is to be ...
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Short stops
Short Stops Week 26, 2024
RETAIL +++ Swedish outdoor brand Peak Performance, owned by Amer Sports, has chosen Covent Garden as the location for its first UK store, a 160-sqm space at 49 Long Acre, marking an important milestone in the brand’s global expansion +++ Hunter, the Scottish brand acquired by US Authentic Brands in ...
