All Outdoor Industry Compass articles in OIC Vol. 17, Issue 4 – Page 20
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News briefs
USWE and KTM team up to release co-branded hydration packs
The collaboration allows USWE to expand its market presence in the motorsport community for the 2025 season.
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News briefs
PeopleForBikes bolsters leadership team with key promotions
The US bike industry trade association promoted two leaders to VP roles.
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Article
Scott announces new executive leadership team
There has been a change in the management team at Scott following the recent internal disputes. What does this mean for the future of the company?
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News briefs
Asics unveils new Metafuji trail shoes
A new trail show with a full-length carbon plate is designed to enhance speed and performance for trail runners.
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Article
Things are improving at Merida
Taiwan’s second-largest bike producer saw a strong recovery in Q2 with a 25% revenue increase, signaling a positive outlook for the rest of the year as production ramps up.
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News briefs
Climbing Technology with new sales agency for Austria
Hagan Ski’s sister company Outdoor Handels GmbH is responsible for the entire Austrian market.
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Article
Hepha expands its horizons: Italian market now in focus
The young German e-bike supplier is expanding into the Italian market, aiming to capture a significant share by offering tailored, sustainable mobility solutions.
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News briefs
New CDO/CTO at Regatta Group
The UK-based parent of Regatta, Dare2b and Craghoppers promoted Tom Goodman to lead digital transformation and customer experience initiatives.
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News briefs
New CEO for Eastern Canadian retailer Sail
Isabelle Lemay was appointed as President and CEO of Sail Outdoors, set to lead the retailer’s growth in Eastern Canada.
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News briefs
G3 reportedly insolvent
Genuine Guide Gear faces financial trouble as a BC court ordered the sale of its assets. The brand’s future is uncertain.
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Article
EOS 2024 to feature recommerce panel with eBay, Reskinned and Certilogo
Join industry leaders at EOS 2024 in Cambridge on Sept. 18-19 to explore recommerce strategies for outdoor brands, featuring top experts from eBay, Reskinned and Certilogo.
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Article
Three bike industry veterans launch first dedicated investment fund for micromobility
Fundracer is a new, micromobility-focused investment fund that aims to support innovative start-ups and promote growth in the sector.
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Article
Alpina cuts staff in the face of ongoing financial challenges
The Slovenian footwear manufacturer is reportedly cutting 60 jobs and relocating production to Bosnia to counter financial challenges and declining sales.
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Short stops
Short Stops Week 34, 2024
EXECUTIVE CHANGES +++ American Bicycle Group (ABG) announced that Lorraine Hurley was elected Chairman of the Board, and Christopher Pascarella was promoted from his current role as Chief Operating Officer to President of ABG +++ PRODUCT +++ Garmin announced the integration of its satellite SOS emergency response coordination ...
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News briefs
Scott USA appoints new CMO
Bike industry veteran executive Matt Heitmann joins the US subsidiary to position Scott for long-term success.
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News briefs
Evo partners with POW and Jeremy Jones
All profits from the brand’s new Tahoe City Campus bar and restaurant will go to the non-profit organization.
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Article
Lolë acquires Sanuk from Deckers
The Canadian athleisure brand has bought the iconic footwear brand for an undisclosed sum and announced Katie Pruitt as its new General Manager.
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Article
Yeti Cycles opens EU branch
The US bike brand is expanding into Europe with a new subsidiary in southern Germany, aiming to strengthen its presence in key markets.
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News briefs
WBIA introduces new board and new president
The World Bicycle Industry Association has elected a new president following the passing of its predecessor.
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Article
Leatt with flat numbers, but optimistic due to visible growth at dealer, consumer levels
The South African supplier of two-wheeler equipment sees optimism ahead despite an 18.4% revenue drop, driven by a growth trend seen at dealer and consumer levels.