All Outdoor Industry Compass articles in OIC Vol. 17, Issue 4 – Page 21
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News briefsNox Cycles expands with subsidiary in South Africa
The Austrian manufacturer, which exclusively produces electric mountain bikes, continues to branch out.
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News briefsSamsonite operating profit inches up in H1
The Gregory parent’s H1 profit rose by 1%, with net income up 4.5%. Sales grew 2.8%, driven by strong travel demand despite regional challenges.
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News briefsLimited-time offer for discounted EOS 2024 hotel accommodation
Source: Ibis Hotel Ibis Cambridge Attendees of the 2024 European Outdoor Summit (EOS) are urged to take advantage of a special discounted rate at the Ibis Hotel in Cambridge, available only until Friday, Aug. 16. The Ibis, a short walk from Cambridge Railway Station, is one of ...
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ArticleHaglöfs has a new CEO
The Swedish outdoor company has hired Martin Daniels as Chief Executive Officer.
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ArticleRegions outside the Nordics drive RVRC’s FY sales growth
The Swedish DTC outdoor company Revolution Race achieves strong double-digit growth in Q4 and for the full year.
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News briefsAlpen's net profit falls by 68% despite sales growth in Japan
The Japanese sporting goods retailer’s annual operating profit declined 34% over the 12-month period ending June 30.
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ArticleRebike Mobility and BusinessBike give e-bikes a new life in work bike leasing
Rebike Mobility partners with BusinessBike to offer refurbished e-bikes in company bike leasing in Germany, promoting sustainable, cost-effective mobility solutions.
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News briefsHelly Hansen grows marginally in Q2
The parent company Canadian Tire reported a 2.9% decline in group sales, while the Norwegian brand was able to increase sales by 1.2%.
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News briefsSea to Summit boosts IGOT campaign
Sea to Summit supports Mikkelin Latu’s Sleep Outdoors Night 2024, enhancing the It’s Great Out There Coalition’s grant with gear and funds to promote outdoor activities in Finland.
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News briefsKeen collabs with Leave No Trace Ireland
The US footwear brand is offering an environmentally friendly boot in collaboration with an environmental organization. 3% of sales will go towards environmental education in Ireland.
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News briefsGrivel secures investment from Swiss investor
The Italian equipment brand partners with Midi Management to support the development and expansion of its business.
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ArticleMerrell works on innovation with parent in throes of turnaround
Wolverine Worldwide boosts its FY24 outlook as Merrell drives growth with innovative trail styles – despite overall Q2 challenges.
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ArticleEco-consumers: Navigating triggers and barriers
Consumer expert Fredrik Ekström unveils key findings about consumer behavior and reveals three primary consumer personas.
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ArticleGiant: After slow first half year, all hopes rest on the second
Giant Group eyes a stronger second half, driven by China’s growing demand, despite a tough start and challenges in Western markets.
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ArticleYeti raises FY guidance after strong Q2
Yeti’s strong Q2 results and raised FY24 outlook signal continued growth, driven by revenue gains, expanding international presence and new partnerships.
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News briefsJack Wolfskin reportedly shifting focus to Central Europe and China after declining sales in the US
Topgolf Callaway might pull Jack Wolfskin from the US as sales dropped, but the company forecasts recovery for the group in Q4.
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ArticleAre Bike24’s good Q2 results a first sign of market recovery?
Due to a good second sales quarter in 2024, the stock-listed German online retailer is looking positively into the future.
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News briefsFord Mustang and Bronco now also come as e-bikes
The car maker and micromobility startup N+ are bringing the spirit and performance of two iconic US cars to two wheels.
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News briefsSolo Brands lowers FY guidance citing ‘challenging’ environment
The parent company of Solo Stove and others faced significant challenges in Q2, impacting both income and sales.
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ArticleGoPro vows to slash expenses, become profitable in 2025
Despite a challenging H1, the action cam company aims for profitability in 2025 through cost reductions and diversification. Q2 saw a 23% revenue decline but growth in subscriptions.
