All Outdoor Industry Compass articles in OIC Vol. 17, Issue 4 – Page 3
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Short stops
Short Stops Week 44, 2024
CORPORATE AND M&A +++ Spinnova has been granted a R&D loan by Business Finland amounting to a maximum of €12.6 million for the period from July 5, 2024, to Dec. 31, 2027, which the company will use to develop its fiber production technology, as part of a €25 million project ...
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Article
No More Boots and ATK partner to launch SkiClicker Tech
The latest SkiClicker development simplifies tech-binding ski setup since no boots are required.
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Opinion
Performance Days: Moved Up to Another Level?
3,838 people came through the doors to Performance Days in late October 2024, the two-day ingredient sourcing event at Messe Munich last week. The event in March of this year had a 2,999 footfall – which was a show record attendance in itself. At a time when some shows are ...
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News briefs
L.L.Bean and Noah Kahan present a New England-inspired collection
The US multichannel retailer and the Grammy-nominated singer & songwriter team up for a Vermont-inspired apparel line, celebrating New England’s rugged beauty and supporting mental health initiatives.
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News briefs
Sergeant launches all-year apparel line
The US company debuts new apparel crafted for durability and casual comfort throughout the year.
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News briefs
Pure Fishing closes key refinancing deal
The company secures a refinancing deal to improve liquidity, addressing debt and setting a foundation for stability amid market and supply chain challenges.
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News briefs
Alpine Parrot is closing its doors
The American brand, catering specifically to people of size and people of color, has been confronted with market challenges and lack of capital.
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News briefs
Texollini acquired by Hansae
The California-based textile manufacturer’s clients include Patagonia, New Balance, Champion and Alo Yoga.
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Article
Fenix Outdoor reports mixed Q3 performance with decline in branded segment
The group’s Q3 saw branded segment sales drop 21%, while the retail segment performance varied by region.
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Article
Newell shrinks Outdoor & Rec loss despite lower sales
Newell’s Outdoor & Recreation sales drop 21% in Q3, but Coleman’s refreshed brand strategy shows promising early growth.
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News briefs
Columbia Sportswear appoints new creative agency and marketing lead
Columbia teams up with new agency and marketing lead to elevate brand storytelling and connect with outdoor enthusiasts worldwide.
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Article
How Covision Media’s 3D scanners are changing the footwear industry
Read the interview published first by our colleagues at Shoe Intelligence.
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News briefs
Mips posts strong Q3 despite challenging environment
The ingredient brand reports record helmet sales and a 220% profit increase in Q3, driven by strong growth in North America and the Sport segment.
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Article
Standard outdoor kit gets more affordable in Russia
Russia’s outdoor kit prices drop 17% as competition heats up, fueled by Chinese brands and local demand for gear amid shifts in travel trends.
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News briefs
OrthoLite expands management team with new VP appointments
The US-based insole specialist appointed Raj Santhana and promotes Shaw Kiat Phua to drive innovation and operational excellence.
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News briefs
Polygiene Group turns Q3 operating profit
The Swedish ingredient brand’s Q3 revenue jumps 42%, led by strong EMEA growth; sports & outdoor segment drives gains with new partnerships on the horizon.
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Article
Dometic weighs further restructuring, strategic improvements
The Swedish group faces a tough Q3 with a 17% revenue drop, and explores cost cuts and potential divestments; more details are expected with Q4 results.
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Article
Thule Q3 operating income rises 15 percent
The group sees solid Q3 growth with rising sales, profitability and new launches, despite challenges in the Americas market.
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News briefs
Ratos publishes Q3 results
Ratos reports a 14.9% increase in adjusted Ebitda for its Product Solutions segment, which includes Oase Outdoors’ brands Robens, Outwell and Easy Camp.
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News briefs
K2 Sports Europe rebrands for unified global strategy
The rebranding aligns European operations with the Elevate Outdoor Collective’s global vision, creating a more cohesive and efficient structure.