All Outdoor Industry Compass articles in OIC Vol. 17, Issue 4 – Page 24
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News briefsLeki USA's President steps down
Greg Wozer is stepping down as President after 34 years while Chris O’Donoghue, previously Director of Sales, takes over as General Manager.
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ArticleUS non-profit Camber Outdoors shuts down operations
The organization, founded in 1996 to support outdoor industry partners in implementing best practices in DEI in the workplace, will discontinue operations in August 2024.
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ArticleNewell Brands eyes sequential improvement in H2
Newell Brands confirmed that its Outdoor & Recreation business, including the brands Marmot, Coleman, Contigo and Campingaz, remains its weakest operating segment and is forecasting improving H2 trends for the unit. “The Outdoor & Rec business is the segment that requires the most amount of turnaround at this point,” ...
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Short stops
Short Stops Week 31, 2024
EXECUTIVE CHANGES +++ Pure Fishing has appointed John Henderson, who has been with the company for 28 years, as its new Managing Director of EMEA +++ Huntsman Corp. announced that Jan Buberl, previously VP of Huntsman Polyurethanes, Americas, and as a director of Huntsman’s Chinese PO/MTBE joint venture with Sinopec, ...
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ArticleTwo years of the Traceability Program: Tatonka believes in transparency
Since June 2022, the German family business has been disclosing all suppliers, manufacturing steps and transport routes of its products in detail.
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News briefsThule acquires trailer company
Reacha, a German brand of small trailers, mostly designed for bicycles and water sports equipment, is the latest addition to the Swedish Thule Group.
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News briefsScarpa has a new minority shareholder
Italian investment holding company Nuo acquired a stake in the company, with Cornaro, the family holding company, retaining majority ownership and control.
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News briefsStrava appoints new General Counsel
Former Allbirds General Counsel Daniel Li brings extensive legal experience and has led two IPOs.
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ArticleUSA: PFAS regulations pose challenges for industry brands
The rapidly evolving regulatory landscape surrounding per- and poly-fluoroalkyl substances (PFAS) presents significant challenges for industry brands. Experts from Buchalter law firm and Exponent, a science and engineering consulting firm, highlighted these issues during the US Sports and Fitness Industry Association’s (SFIA) “Navigating PFAS Regulations” webinar on July 18. According ...
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News briefsCirrus Cycles appoints new President
The Washington State-based bike parts and accessories manufacturer appointed Lindsay Cousley.
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ArticleSwedish sports retail sees 2.5% decline in Q2 sales, bicycle sales on the rise
While Swedish sports retail in general has declined for the tenth consecutive quarter in Q2 of 2024, bicycle sales appear to be recovering, growing by an impressive 10% compared to the previous quarter.
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ArticleHoka and Ugg with strong performance in Q1, Deckers CEO retires
A 30 percent increase in revenue at Hoka and strong DTC sales are largely responsible for a strong first quarter at Deckers Brands.
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ArticleColumbia’s brand awareness rises in Europe despite Q2 loss
While performing better in important overseas markets than in North America, Columbia Sportswear maintains its full-year guidance despite a weak second quarter.
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News briefsGridiron Capital sells GSM Outdoors to Platinum Equity
The Connecticut-based investment firm announced the signing of a definitive agreement to sell its majority interest in GSM Outdoors to a California-based private equity firm.
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News briefsBelgian Cycling Factory strengthens IBD commitment
Bicycle supplier Belgian Cycling Factory – parent of the Eddy Merckx and Ridley brands – is expanding its team of country managers as part of a new IBD business model.
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ArticleFounding family takes over on occasion of Norco Bicycles’ 60th anniversary
Independent bicycle wholesaler Norco Bicycles – renamed Live to Play Sports Group Inc. in 2011 – is no longer managed by the Lewis and Zalkow families.
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News briefsAltra Running hires global product lead from Nike
Altra Running, part of VF Corp., has hired Kylee Barton, a nearly 20-year Nike veteran, as its new Global Head of Product.
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ArticleRapala VMC feels market improvement but sees potential troubles ahead
Rapala VMC, despite experiencing favorable market conditions during H1, including improved retail activity, is expressing some worry about the upcoming winter season.
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News briefsAku publishes Responsibility Report 2023
Italian outdoor footwear brand Aku has presented its Responsibility Report for 2023.
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ArticlePolygiene making progress on turnaround
Polygiene turned an operating profit of 2.6 million Swedish kronor (€222,800) against a loss of SEK 4.0 million (€342,700) in Q2 ended June 30, as cost-cutting measures and strategic changes made last year began to take effect. The Swedish group’s quarterly revenues rose by 43 percent to SEK 36.4 million ...
