All Outdoor Industry Compass articles in Vol. 16, Issue 5 – Page 5
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News briefsNew Cycle becomes shareholder and partner in Freebike
Oldenburg, Germany-based New Cycle GmbH (formerly Cycle Union) has joined Dutch e-bike provider Freebike B.V., based in Rosmalen, as a minority shareholder. Details of the acquisition, what minority stake New Cycle is now holding in Freebike and what was paid for it were not disclosed. With New Cycle, the Freebike ...
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ArticleHoudini expands circularity platform, launches “Houdini Circle”
Swedish sportswear company and sustainability pioneer Houdini is expanding its circularity platform, opening “Houdini Circle,” the first retail concept of its kind, in Stockholm on Sept. 28. Flexible apparel “ownership” In one single location, customers can now choose how to access their garments: rent, subscribe, buy new/used/exclusively made garments, or ...
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News briefsTextile Exchange has open-sourced its Preferred Fiber and Materials Matrix
Materials standards body Textile Exchange has made the data in its Preferred Fiber and Materials Matrix (PFMM) publicly available for the first time. The organization has described the decision as a “milestone move.” The PFMM, now an open-source tool for the industry, is an interactive tool that assesses the performance ...
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News briefsCEP launches cold weather apparel line featuring recycled polyester
CEP Compression is introducing a new cold-weather apparel line featuring recycled polyester. The reversible Cold Weather Vest in the new line features PrimaLoft Gold insulation and recycled polyester. The Cold Weather Quarter Zip Pullover, which also uses sustainable materials, features a protective outer layer combined with waffle fleece next to ...
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ArticleKMD Brands’ FY results marred by poorer consumer sentiment in Q4
Strong sales growth from all three of KMD Brands’ brands – Rip Curl, Kathmandu and Oboz – was offset by weaker results in the year’s final period ended July 31. Annual Ebitda rose 11.2 percent to 200.1 New Zealand dollars (€117.1m), but net profit was essentially flat at NZ$36.6 million ...
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ArticleR Raymon and Pierer New Mobility part ways
Source: R Raymon Susanne and Felix Puello The first rumors of a separation surfaced when the R Raymon bicycle brand, founded by German bicycle industrialist couple Susanne and Felix Puello, was not featured at this year’s Pierer New Mobility booth at Eurobike in Frankfurt. Now Pierer New ...
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News briefsMavic bolsters OEM offering with business unit manager
Source: Mavic François Joly Targeted investment in the modernization of domestic production facilities at its historic Saint-Trivier sur Moignans production site will enable Mavic, the traditional French bicycle components brand to respond even faster to the changing needs of its customers, the company said. In this context, ...
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News briefsUptick at last in sight for Calzados Bestard
So far Calzados Bestard’s revenues for 2023 are down 18 to 19 percent from the comparable year-ago period, but the high season for boot sales is yet to come, and certain accounts have begun to buy again, months after their last replenishment of stock. Whatever the drop, moreover, current revenues ...
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News briefsIndustry associations to collaborate in Spain
Spain’s association of sporting-goods manufacturers and distributors (Afydad) and association of active-tourism and ecotourism firms (Anetae) have formed a partnership to promote their two national sectors synergistically. In short, they will be promoting products through tourism and tourism through products, with collaborative events playing a big part. By CMDsport’s count, ...
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News briefsMammut appoints new Head of Central Europe
Source: Mammut Patrick Schmollinger Since Sept. 11, 2023, Patrick Schmollinger has been responsible for managing the wholesale partners and sales teams in Switzerland and Germany, as well as cooperation with the trade agency partners in Austria and Italy, as Mammut’s new Head of Central Europe. In addition, ...
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News briefsArc’teryx will reportedly open a store in Paris
Canadian brand Arc’teryx has signed a lease to open a store in Paris, according to Sport Guide. The store will be located at 42 rue des Francs Bourgeois, in the fancy Marais district, in a 300-square-meter space previously occupied by Calvin Klein. The new store could be inaugurated at the ...
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News briefsBid entered for Clarus’ Precision Sport segment
Clarus has received from its own executive chairman a “non-binding indication of interest” to acquire for about $160 million the Precision Sport segment, which includes the Sierra Bullets and Barnes Bullets subsidiaries. Warren B. Kanders filed his statement of beneficial ownership with the U.S. Securities and Exchange Commission (SEC) on ...
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Short stops
Short Stops Week 38, 2023
EXECUTIVE CHANGES +++ Former Lacoste Iberia CEO Manel Echevarria is the new chief executive of Ananas Anam, the company behind waste pineapple-leaf-based textile materials Piñatex and Piñayarn +++ PRODUCT & MARKETING +++ La Sportiva has confirmed its partnership with Festival dello Sport in Trento, Italy, organized by ...
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News briefsUlvang rebrands, changes suppliers and collection
Norwegian wool apparel specialist Ulvang, a brand founded in 1995 and owned by the Brav Group, has undergone a complete rebranding. Since the first week of September, the brand’s website and social media have been reset and now feature a new logo and content. The changes also ...
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ArticleCycling industry veteran joins POC as new CEO
Source: POC Derek Bouchard-Hall, new CEO at POC POC, the Swedish manufacturer of helmets, eyewear, protective equipment and apparel founded in 2005, has appointed Derek Bouchard-Hall as its new CEO, effective immediately. He succeeds Jonas Sjögren, who served as POC’s CEO since early 2017, and will be ...
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News briefsMips launches Virtual Test Lab, reduces environmental impact, lead time and costs
Swedish helmet safety specialist Mips is advancing helmet testing with its Virtual Test Lab (VTL). The innovation uses cutting-edge computer science with the goal of virtually predicting how new helmets will perform in real-world impacts, providing insights faster and more efficiently than physical testing. This method has the potential to ...
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News briefsSRAM Group expands leadership team
SRAM Group, the parent of the bicycle component brands Avid, Hammerhead, Quarq, RockShox, Truvativ, Quarq, SRAM, Time Sport Pedals, Truvativ, and Zipp and bikewear brand Velocio, has expanded its leadership team with both an internal promotion and a new hire. The new executives work out of the global headquarters in ...
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News briefsOutnorth names new CEO
Source: Outnorth Ville Kangasmuukko Nordström After Harald Ennen decided to leave Sweden-based e-commerce company Outnorth and his role as CEO this summer, a successor has now been found in Ville Kangasmuukko Nordström, currently CEO at leading Swedish fashion shopping company Bubbleroom. He will take up his new ...
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News briefsGarmont posts double-digit sales growth in H1
Italian outdoor footwear manufacturer Garmont saw its sales increase by 16 percent in the first half of the year as compared to the same period of 2022, with Ebitda up 38 percent. The company attributed the growth in the first half to the outdoor segment and its new products for ...
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News briefsInfinited Fiber welcomes new board members
Infinited Fiber Company, the Finland-based textile technology specialist, has announced its new Board of Directors, appointed at the 2023 Annual General Meeting. The board includes Andreas Tallberg as Chair and Pertti Korhonen as Vice Chair. Elisabet Sallander Björklund and Elina Björklund retained their positions as Board members, and Markus Mannström, ...
