All Outdoor Industry Compass articles in OIC Vol. 17, Issue 5 – Page 14
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ArticleSolo Brands reports Q3 losses, reaffirms FY24 outlook
The outdoor lifestyle brand reports mixed quarterly results, but it maintains its revenue projections for the year.
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ArticleCanada Goose Q2 profit rises despite revenue decline
The quarter saw a 30% drop in operating income amid declining wholesale and DTC sales, but a tax recovery lifted profitability by 54% to C$6.3M.
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ArticleYeti makes progress with supply chain diversification as Q3 sales jump 10%
The outdoor company diversifies production, opens a new facility and reports 10% sales growth in Q3, driven by strong drinkware and cooler sales across all channels.
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News briefsLenzing reports growth in Q3, maintains 2024 financial outlook
The fiber technology specialist reports improved earnings and reaffirms its annual guidance amid challenging economic conditions.
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News briefsGlobetrotter sets up nature fund for conservation projects
The German outdoor retailer supports environmental projects with a new fund, backing river restoration, coastal protection and sustainable mobility efforts.
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News briefsDynafit introduces three new lightweight pin bindings
The ski mountaineering specialist introduced three new bindings, enhancing performance and ease of use for skiers of all levels and ages.
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News briefsDeuter launches giveaway for off-line ski days
The brand offers ski enthusiasts a chance to win a spot in a guided alpine adventure focused on safety, skill-building and sustainability.
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News briefsCastelli launches Ultra Rain Cape for cyclists
The new cycling rain cape made with Polartec Power Shield RPM offers superior weather protection, breathability and packability.
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News briefsPolartec and Forloh launch eco-friendly fleece vest
The textile innovator and the hunting outfitter introduced the Shed Less technology, drastically reducing microfiber pollution in water systems.
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ArticleWorld of Freesports is giving extreme sports a stage at ISPO Munich
An action sports channel hosts athletes and industry experts at the World of Freesports congress, exploring media strategies and sports visibility.
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News briefsGreen Theme Technologies secures $6m for expansion
The US sustainable textile and materials science company raised funding to advance eco-friendly technologies for various high-performance markets.
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News briefsRiebel is the new interim CEO of Ortovox
Following the departure of Schneidermeier, the group CEO is temporarily also in charge of the brand.
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News briefseVent Fabrics hires Innovation Director for PFAS-free focus
The fabric technology company strengthens its PFAS-free offerings with a new director focused on sustainable, high-performance laminates.
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News briefsDainese launches motorcycle helmet recycling project at EICMA
The safety gear specialist unveils a new recycling initiative, transforming used motorcycle helmets into new products with reduced environmental impact.
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News briefsNew cycling shoes with Boa Fit
The German brand Canyon’s new collection of cycling shoes features the Li2 adjustment system.
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News briefsPolygiene appoints nomination committee for 2025 AGM
The ingredient brand has appointed a new committee to represent key shareholders, preparing proposals for its upcoming annual meeting.
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ArticleBike24 sees modest Q3 growth, maintains 2024 forecast
The e-tailer posted 2.9% Q3 revenue growth, driven by strong bike sales and strategic pricing, while focusing on profitability in a challenging market.
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ArticleKlättermusen opens first Paris store
The Swedish outdoor brand launches its first French store, offering sustainable, high-performance gear for urban and mountain explorers.
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News briefsIWA Pavilion at SHOT Show in Vegas expands for 2025
The global trade show for hunting and shooting sports expands its reach, with a pavilion doubling in size to support international exhibitors at the major industry event in Las Vegas.
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ArticleAccell Group secures creditor support for recapitalization
The company’s creditors approved the restructuring plan, paving the way for recapitalization implementation.
