All Outdoor Industry Compass articles in OIC Vol. 17, Issue 4 – Page 8
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News briefsDick’s Sporting Goods to hire 8,000 for the holidays
The US omnichannel retailer plans to hire 8,000 seasonal workers for the 2024 holiday season, offering flexible schedules and growth opportunities.
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News briefsAltor Solutions acquires Lifoam Industries
The Compass Diversified subsidiary has acquired Lifoam Industries for $137 million, enhancing its cold-chain packaging capabilities and market reach.
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ArticleHoulihan Lokey’s active lifestyle market report highlights the growth in Q2/24
The active lifestyle sector shows strong growth in 2024, with M&A activity rebounding and premium products gaining momentum despite economic challenges.
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News briefsEFTTA joins forces with French fishing industry association
The agreement is expected to help the two trade bodies have a more effective impact.
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News briefsLVMH and Ruffini Partecipazioni will not increase Moncler stake beyond 20%
LVMH and Ruffini Partecipazioni won’t increase shareholdings in Moncler to more than 20% over the next three years following the recent increase in LVMH’s stake.
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News briefsKizik expands global distribution to Japan and Canada
The hands-free footwear brand broadens its global footprint by launching distribution partnerships in Japan and Canada.
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ArticleREI Co-op to close stores on Black Friday again, continues ‘Opt Outside’ campaign
For the ninth consecutive year, the US outdoor retailer will close its stores on Black Friday, encouraging customers and employees to engage in outdoor activities.
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ArticleAccell Group’s debt reduction: Shareholders and banks agree on plan
Accell Group secures a €600 million debt reduction plan in partnership with shareholders and banks, positioning the company for future growth and stability.
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News briefsmyStromer co-CEO exits operational role
Tomi Viiala steps down as co-CEO of the Swiss e-bike company to focus on family while remaining a shareholder as the company plans for a leadership transition.
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News briefsGSM Outdoors acquires Roboworm to expand product lineup
GSM enhances its fishing product offerings by acquiring Roboworm, a company known for its custom-poured fishing worms.
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ArticleEllen MacArthur Foundation has a new CEO
Jonquil Hackenberg is the foundation’s next CEO, bringing her circular economy expertise to drive the global mission.
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News briefsDidriksons relocates Stockholm store
The Swedish brand opens a new store on Kungsgatan in Stockholm, offering an enhanced shopping experience, office space and networking opportunities.
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News briefsDeuter donates 10% of Infiniti Series revenue to ocean cleanup
The German backpack specialist is once again donating a portion of its proceeds to One Earth – One Ocean to support the cleanup of the Mekong River and its tributaries in Cambodia.
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News briefsSIA releases 2023-2024 winter sports participation study
The latest study reveals trends in the winter sports industry, showing shifts in demographics, consumer behavior and growth areas.
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News briefsEvo announces new hotels in the US and Japan
The Seattle-based outdoor retail and adventure brand expands its experiential offerings by opening new hotels in Tahoe and Hakuba, combining outdoor adventure, retail, and community-driven hospitality.
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News briefsPlatinum Equity’s acquisition of GSM Outdoors completed
As reported before, Platinum Equity expands its portfolio by acquiring GSM Outdoors.
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ArticleSweden’s secondhand market projected to reach €4.3bn by 2034
Svensk Handel forecasts that Sweden’s secondhand market will grow 11% annually, reaching €4.3 billion by 2034 as sustainability drives demand.
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News briefsMavic appoints François Joly as new Sales Manager
François Joly, OEM Business Unit Manager, has been promoted to Sales Manager of the French brand.
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News briefsRoyal Robbins supports Yosemite Facelift event for stewardship
The US brand enhanced its commitment to national park stewardship by supporting Yosemite Climbing Association’s “Facelift” event for environmental preservation.
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News briefsSantini and UCI extend their partnership deal for a further seven years
The long-standing agreement has been in place since 1998 and will now last until 2031.
