Issue No. 18: Earnings Reports & the Economy 😬
🌲🏕️ Hey Outsiders! Here is Issue No. 18 of your favorite outdoor newsletter where we explore the outdoor industry, its trends, and the people who shape it. All week we shift through the developments impacting the business of the outdoors and deliver it to you on a silver platter. You are welcome!
From the AirBnB redesign 🏕️ to the transformative power of nature on mental health 🧠. An environmental lawsuit against SpaceX 🚀 to a potential new Outdoor Office in the great state of Pennsylvania. Let's get this party started! 🎉
In this week’s edition:
🌏 Some ripples are forming in the water - what recent earnings might tell us about what’s to come
🦙 Cotopaxi Founder Built his company on a mission - now he leaves on a mission
And more!
— Scott Crowder
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📉 Earnings Reports Reveal Economic Impact 😬
The slumping economy, high inflation, and rising interest rates are taking their toll on the hard goods (big hard goods, like RVs) and retail sectors of the outdoor recreation industry. 🏕️ But don't fret, experience and service-based businesses might just find their silver lining. ☀️
📊 Reports show companies like Camping World, Lazydays, Newell Brands Outdoor, Thule, and Vista Outdoor are feeling the pinch as consumers tighten their belts on big-ticket items. 💸
Camping World 🏕️ Camping World's profit plummeted by 95% in Q1, primarily due to a decline in new vehicle sales. This can be linked to the slumping economy and high inflation affecting consumer purchasing power and demand.
Lazydays 🚐 Lazydays reported a Q1 revenue drop as well. This decline may be attributed to the same economic factors affecting Camping World, with consumers likely cutting back on discretionary spending on big-ticket items like RVs.
Newell Brands Outdoor 🌲 Newell Brands Outdoor swung to a loss in its latest earnings report. The economic downturn seems to be affecting their outdoor-focused products as consumers prioritize essential spending.
Thule 🚲 Thule experienced a Q1 net sales decrease due to declining bike product demand. This decline could be a result of the challenging economic conditions, with consumers reducing their spending on recreational items like bikes and related accessories.
Vista Outdoor 🔫 Vista Outdoor posted a steep loss on impairment charges, indicating that the company is facing financial challenges in the current economic climate. This may be a reflection of the broader industry struggling due to the slumping economy, high inflation, and rising interest rates.
Retail bankruptcies: A perfect storm of factors, including supply chain disruptions and mounting debt, is brewing for more retail bankruptcies 🌀. This challenging environment has led to companies like Bed Bath & Beyond and David's bankruptcy, signaling the need for retailers to adapt quickly and develop resilient business strategies.
🌄 On the flip side, businesses offering experiences and services might be better positioned to weather the storm, as outdoor enthusiasts seek more budget-friendly ways to get their nature fix. 🌳
Camping sentiment high: As Memorial Day approaches, camping sentiment is high ⛺🌄, with 2023 projections surpassing 2022 numbers, indicating a strong demand for outdoor experiences. This enthusiasm for camping is driven by the ongoing popularity of outdoor activities and people's desire to reconnect with nature.
🦙 Cotopaxi, Founder Davis Smith says “brb” ✌️
🌲 Davis Smith's journey to creating Cotopaxi is a classic "rags-to-riches" tale. Born in Peru and raised in Utah, he worked as a door-to-door pest control salesman to pay his way through Brigham Young University. He eventually founded Cotopaxi in 2014, drawing inspiration from his travels in Latin America.
👕 Utah-based outdoor gear company Cotopaxi has made a name for itself in recent years by producing high-quality outdoor clothing and equipment while also focusing on sustainability and social impact. Founder Davis Smith has led the company in this mission, winning awards and recognition for his innovative approach.
👨💼 Smith's leadership has been key to Cotopaxi's success. He has emphasized the company's commitment to social responsibility, using recycled materials in its products and donating a portion of its profits to various charitable causes. He has also stressed the importance of storytelling in marketing to millennials, who are more interested in the story behind a product than the product itself.
🌍 Cotopaxi's dedication to sustainability and social impact has earned it recognition from organizations like B Corp, which certified the company in 2014. The company has continued to make strides in these areas, celebrating eight years as a B Corp in a recent blog post.
👋 Smith recently announced that he will be stepping down as CEO of Cotopaxi to serve a three year mission for the Church of Jesus Christ of Latter-day Saints in Brazil. He will be succeeded by company president Andres Forero, who will take over day-to-day operations while Smith serves his mission.
👔 In the meantime, Smith will remain involved with Cotopaxi as chairman of the board, where he will continue to advise the company on its growth strategy. Cotopaxi is a private company, but it has received significant investment from firms like Forerunner Ventures and Greycroft Partners.
🌟 Smith's leadership and vision have helped make Cotopaxi a standout in the outdoor gear industry. As the company continues to grow and expand its impact, it will be interesting to see how Forero and the rest of the team build on Smith's legacy.
Business, Industry & Economy:
SheFly rebrands as Gnara: Outdoor apparel company SheFly has rebranded itself as Gnara 🦋, focusing on functional, stylish, and sustainable outdoor wear for women. The name "Gnara" stems from the feminine version of the Latin word “gnarus” which means “to have knowledge of a thing”, “skillful” and “practiced”, emphasizing their mission to empower and outfit women in the outdoors with comfortable, innovative, and eco-conscious products.
Columbia Sportswear lawsuit: Columbia Sportswear is suing former employees over trade secret theft 💼, alleging they stole proprietary information related to fabric technology and used it for a competitor. The lawsuit highlights the competitive nature of the outdoor apparel industry and emphasizes the importance of safeguarding intellectual property to maintain a company's unique value proposition and market position.
UTU Outdoor Skincare PR: UTU Outdoor Skincare has named The Sideways Life 📣 as its PR agency of record, expanding the skincare brand's reach in the outdoor industry. By partnering with The Sideways Life, UTU aims to leverage the agency's experience in the outdoor market to build brand awareness, create meaningful partnerships, and increase its presence in a niche industry with a growing demand for outdoor-specific skincare products.
REI Co-op in Prescott: REI Co-op plans to open a new location in Prescott, Arizona 🌵 in Fall 2023, increasing its presence in the state. The new store will occupy 23,500 square feet at the Frontier Village Center, offering a wide range of outdoor gear, services, and expertise to the community, and solidifying REI's commitment to investing in local outdoor recreation opportunities.
Bass Pro Shops in St. Louis: Bass Pro Shops plans to open a new store in the St. Louis area 🎣, continuing its expansion throughout the US. The new location, which is set to open in late 2023, will be a 150,000-square-foot store at the former St. Louis Mills mall site, offering a wide range of outdoor gear, fishing supplies, and other services to cater to the needs of outdoor enthusiasts in the region.
Grubhub & JOCO e-bikes: Grubhub partners with JOCO to give NYC delivery workers access to e-bikes 🚲🍔, improving worker efficiency and sustainability. The partnership allows Grubhub delivery workers to rent JOCO's e-bikes at a discounted rate, enabling them to navigate the city more easily and quickly while reducing their carbon footprint and contributing to a more eco-friendly food delivery model.
Airbnb's core design improvements: Airbnb CEO Brian Chesky acknowledges core design problems within the platform and commits to enhancing the user experience. Chesky's focus on addressing these issues, including the booking process and trust between hosts and guests, aims to boost customer satisfaction and solidify Airbnb's reputation as a leading accommodation provider in the sharing economy.
ILLA Women Launched: ILLA Women is an online community and platform that seeks to empower women 🚺 in the outdoor industry by providing resources, networking opportunities, and mentorship. By fostering connections and offering support, ILLA Women aims to break down barriers and create a more inclusive and diverse environment within the outdoor space. Illa is supported by VF Venture Foundry,
The Bemis Challenge Grant: Protect Our Winters launches The Bemis Challenge Grant, a $100,000 matching grant 💵 to support advocacy for climate change solutions in the outdoor sports community. The grant aims to amplify the organization's impact and help safeguard winter sports and the environment for future generations.
REI's environmental commitment: REI announces ambitious plans to help save the planet 🌎, focusing on climate action, reducing waste, and promoting sustainable practices throughout its supply chain. By integrating these goals into its operations and partnering with like-minded organizations, REI aims to lead by example and inspire other companies to follow suit in addressing the global climate crisis.
Green sports stadiums: The business case for green sports stadiums and arenas 🏟️ is growing, with energy efficiency and eco-friendly features becoming a priority for venue operators. By investing in sustainable technologies, sports venues can reduce their environmental impact while also cutting operational costs and meeting the expectations of environmentally-conscious fans.
AI-driven ESG transparency: The rise of artificial intelligence (AI) could lead to radical ESG transparency 🤖📊, enabling organizations to make more informed, sustainable decisions. The integration of AI into ESG analysis can help companies better understand their environmental, social, and governance performance and drive positive change across industries.
REI's Embark Accelerator program: Meet the personal care start-ups participating in REI's Embark Accelerator program 🌱, which supports innovative and sustainable businesses in the outdoor industry. The program offers mentorship, funding, and access to industry resources, helping start-ups accelerate their growth and bring eco-friendly products to the market.
Timberland's growth strategy: Timberland's VP of North America discusses the brand's plans to grow awareness 🌲 as it celebrates its 50th anniversary. Timberland aims to strengthen its brand identity and appeal to a wider range of consumers by focusing on sustainability, expanding its product offerings, and leveraging strategic partnerships.
Behavioral finance behind multi-resort passes: Explore the behavioral finance ❄️ behind multi-resort ski passes and their impact on consumer behavior. Offering access to multiple ski resorts through a single pass can increase customer loyalty and encourage repeat visits, providing a win-win for both skiers and resort operators.
Kelley School of Business Sustainability: The Kelley School of Business at Indiana University integrates sustainability and environmentalism 📚🌿 into its curriculum, preparing future business leaders to tackle global challenges. By incorporating these topics into their education, students gain the knowledge and skills needed to drive sustainable practices in various industries.
SPONSORED BY OSPREY
🎒 Backpacks with a Legacy 🏆
Let's take a moment to appreciate a company that's been brewing up innovation in the outdoor world for decades.
Enter Osprey, the backpack brand with a legendary history dating back to 1974. Born in the heart of California, this company was founded on the simple idea of designing and crafting the best custom backpacks for outdoor enthusiasts. Over the years, Osprey has evolved, but its commitment to exceptional quality and sustainability has remained rock solid.
Did you know Osprey's founder, Mike Pfotenhauer, was recently featured on the hit podcast "How I Built This"? Learn how Mike turned his passion for backpack design into a globally recognized brand by listening to the episode.
And speaking of recognition, Osprey has a trophy case that rivals your reusable water bottle collection! They've bagged numerous awards, including the 2014 Backpacker Editor's Choice Gold Award and the 2018 Gear of the Year Award from Outside Magazine.
What sets Osprey apart? It's their dedication to innovation, fit, and function, ensuring that each bag is thoughtfully designed to meet the needs of adventurers like you. From hiking to biking, from travel to everyday carry, they've got your back(pack). 🎒
But wait, there's more! To celebrate its storied history and unwavering values, Osprey is offering free ground shipping on orders over $49. So go on, treat yourself to a piece of backpack history that's built to last.
Discover Osprey's award-winning backpacks today: www.osprey.com 🦅
🚚 P.S. Don't forget that free ground shipping on orders over $49! It's the cherry on top of your outdoor adventure sundae.
Health, Wellness & Fitness:
Surgeon General's advisory on social connection: The U.S. Surgeon General releases an advisory highlighting the importance of social connection 🤝 and its impact on physical and mental health. The advisory emphasizes the need for communities, organizations, and individuals to foster meaningful connections and address the consequences of social isolation and loneliness.
Awe in psychology: Explore the role of awe in psychology 🌌, its relationship with life and death, and its potential to cultivate resilience and promote mental well-being. Experiencing awe can help individuals feel more connected to others, nature, and the larger world, ultimately fostering a greater sense of purpose and fulfillment.
Outdoor benefits for young minds: Learn about the positive effects of getting outside and away from screens 🌳🧠 on children's mental and physical health. Engaging in outdoor activities can help young minds develop critical thinking skills, creativity, and emotional resilience while promoting physical well-being and a connection to nature.
Addressing the mental health crisis: Companies like Gympass, Unilever, and Oura are taking innovative steps to help solve the mental health crisis 💡 in the workforce. By offering mental health resources, flexible work arrangements, and promoting a culture of empathy and support, these companies aim to create a healthier, more productive work environment for their employees.
Nobell's plant-based cheese: Nobell Foods introduces a plant-based cheese 🌱🧀 made from soybeans, offering a more sustainable and environmentally friendly alternative to traditional dairy-based cheese. Utilizing a unique fermentation process, Nobell aims to replicate the taste and texture of dairy cheese while reducing the environmental impact of dairy farming.
Reconnect Collective podcast: Episode four of the Reconnect Collective podcast 🎙️ explores the transformative power of nature and its potential to heal the mind and body. The episode features experts discussing the role of nature in addressing mental health issues, fostering resilience, and promoting overall well-being.
Longevity expert Dr. Mark Hyman: In an interview with The Cut, longevity expert Dr. Mark Hyman 🥗 shares insights on the connection between nutrition, lifestyle, and overall health. Dr. Hyman emphasizes the importance of a balanced diet, regular exercise, and mindfulness practices for maintaining optimal well-being and preventing chronic diseases.
Social Omnivore and veganism: VegNews explores the rising popularity of the Social Omnivore 🌿, a growing trend of people choosing plant-based diets for both health and ethical reasons. This shift towards veganism reflects a broader cultural movement towards more sustainable and compassionate food choices.
Nature-based therapy for veterans: Smithsonian Magazine examines the growing interest in nature-based therapy 🌲🎖️ as a means of helping veterans cope with PTSD and other mental health issues. Programs that immerse veterans in natural settings and outdoor activities show promise in reducing anxiety, depression, and stress while fostering a sense of connection and purpose.
#WeHikeToHeal campaign: As America's mental health reaches a 20-year low, the #WeHikeToHeal campaign 🥾🌼 encourages women's wellness through outdoor adventure. The initiative aims to inspire women to engage in outdoor activities like hiking to improve mental health, build resilience, and foster connections with nature and others.
Sustainability, Conservation & Environment:
Climate tech startups: Bloomberg explores the emerging climate tech startups 🌍💡 and where investors should focus their attention. From carbon capture to clean energy, these innovative companies are developing solutions to address the urgent challenges posed by climate change and transition towards a more sustainable future.
Heat extremes and at-risk regions: Fast Company reports on the statistically impossible heat extremes 🔥🌎 that are already occurring in certain regions, putting them at greater risk for climate change impacts. Identifying these at-risk areas helps inform policymakers, businesses, and communities on where to prioritize adaptation and mitigation efforts.
Rewilding your garden: The Guardian shares seven steps to rewilding your garden 🌿🏡, an approach to gardening that embraces native plants, encourages biodiversity, and supports local ecosystems. By rewilding our gardens, individuals can play a part in combating climate change and promoting ecological balance.
Mobilizing the Outdoor State: The American Fly Fishing Trade Association's Fisheries Fund 🎣🌲 is committed to mobilizing the outdoor industry to protect natural resources and promote sustainable practices. By uniting businesses, organizations, and individuals who share a passion for the outdoors, the Outdoor State aims to make a lasting impact on the environment and the communities that depend on it.
FAA faces suit over SpaceX Starship launch: Following the April explosion of SpaceX's Starship, the FAA faces a lawsuit 🚀⚖️ from environmental groups accusing the agency of failing to comply with federal law in its approval process. The legal challenge underscores the importance of balancing innovation in space exploration with environmental concerns and regulatory compliance.
Human composting gaining popularity: Entrepreneur discusses the increasing interest in human composting 💀🌱 as an eco-friendly alternative to traditional burial and cremation methods. This innovative process, also known as natural organic reduction, converts human remains into nutrient-rich soil, reducing the environmental impact associated with conventional funerary practices.
Google and YouTube tackle climate disinformation: The New York Times reports on Google and YouTube's efforts 🌐🎥 to combat climate change disinformation and misinformation on their platforms. The tech giants are updating their policies, removing misleading content, and promoting accurate information to help users make informed decisions about climate change and its impacts.
AI for the Planet Alliance winners: The AI for the Planet Alliance 🌍🤖 announces the winners of its call for solutions competition, highlighting innovative projects that leverage artificial intelligence to address environmental challenges. The winning projects demonstrate the potential of AI to help monitor, understand, and mitigate the impacts of climate change and other environmental issues.
Protecting Chaco Canyon: The National Parks Conservation Association applauds new legislation aimed at safeguarding Chaco Canyon 🏜️🛡️, an area of significant cultural and natural importance. The legislation would permanently protect the region from oil and gas development, preserving its archaeological sites and fragile ecosystems for future generations.
Coastal protection and climate change: In a TED talk, Dave Sivaprasad explores mangroves, storm walls, and other methods 🌊🌳 for protecting coasts from the impacts of climate change. These nature-based and engineered solutions can help mitigate the effects of rising sea levels, storm surges, and coastal erosion, ensuring the safety and resilience of coastal communities.
Great Barrier Reef conservation game: The New Zealand Herald reports on a new smartphone video game 📱🎮 designed to aid Great Barrier Reef conservation efforts. Players can contribute to real-world coral restoration projects through in-game actions, helping to protect and preserve this vital ecosystem.
AI and Amazon Rainforest conservation: The Guardian explores the potential of artificial intelligence 🌳🤖 to aid in the conservation of the Amazon Rainforest. By monitoring and analyzing vast amounts of data, AI can help identify patterns and trends, enabling more effective strategies to combat deforestation and protect the world's largest tropical rainforest.
Bagging your poop instead of burying it: Adventure Journal discusses the shift from burying human waste to bagging it 💩🎒 in outdoor recreation areas. By packing out waste, outdoor enthusiasts can help prevent contamination of water sources and ecosystems, preserving the natural environment for future generations.
Dolores River conservation momentum: The Durango Herald highlights the surge in conservation efforts for the Dolores River 🛶🏞️, as record flows attract rafters and boost local interest in protecting this vital waterway. Collaborative efforts between stakeholders aim to improve water quality, restore riparian habitats, and maintain river health.
Biden administration's conservation efforts: HuffPost covers the Biden administration's push 🌲🏛️ for increased conservation on public lands, following the recent suspension of oil and gas leases in the Arctic National Wildlife Refuge. The administration seeks to balance development and conservation by promoting responsible resource management and safeguarding sensitive ecosystems.
USDA's grassland conservation efforts: Wyoming Public Media reports on the USDA's push for more grassland conservation 🌾🏔️ in the Mountain West region. The initiative aims to protect and restore native grasslands, which provide essential habitats for wildlife and support agricultural productivity, through voluntary conservation programs and financial incentives for landowners.
Old Man in the Mountain anniversary: The collapse of the iconic Old Man in the Mountain 🏔️🗿 in New Hampshire on May 3, 2003, marked the end of a cherished natural landmark. This anniversary serves as a reminder of the importance of conservation and appreciation for our natural wonders, as the series of granite cliff ledges on Cannon Mountain, once a prominent symbol of the state, was lost to natural erosion.
Diversity, Equity & Inclusion:
Hydro Flask Let's Go Together Collection: Hydro Flask's new collection 🌈🍶 encourages unity and diversity with colorful, limited edition bottles and supports the LGBTQ+ community, with a portion of sales going to the Trevor Project.
UK outdoor access laws: England's outdoor access laws 🌳🏃♀️ may soon be updated to provide better public access to nature, as the UK government reviews the public's right to roam and access private land.
Water sports for amputees: Living with Amplitude 🏄♂️🚣♀️ highlights various water sports like surfing, kayaking, and scuba diving that are accessible and enjoyable for amputees, empowering them to lead active lifestyles.
Indigenous-led conservation economy: Corporate Knights 🌲🌏 showcases how Indigenous nations are leading the way in conservation-based economies, protecting ecosystems while creating sustainable livelihoods.
Inclusive outdoor organizations: Red Bull highlights organizations promoting inclusivity 🧗♀️🏕️ in the outdoor community by addressing barriers and fostering greater diversity and representation.
World Surf League gender equity criticism: The World Surf League faces criticism 🏄♀️🌊 for "shrinking and pinking" the women's Championship Tour, with critics saying it falls short of the organization's commitment to equity.
Outdoor Foundation Annual Report: The 2022 Outdoor Foundation Annual Report 📊🏞️ offers insights into the outdoor recreation industry, highlighting trends, challenges, and opportunities for growth and diversity.
Travel, Tourism, & Hospitality:
58 million households camped in 2022: Kampgrounds of America (KOA) reveals in its 2023 report 🏕️📈 that 58 million households went camping in 2022, showcasing the popularity of outdoor recreation. The report also highlights the growth in camping across different demographics, emphasizing the inclusivity and accessibility of the activity.
Trends in adventure travel: Prof. Dr. Manuel Sand discusses trends in adventure travel 🚵♀️🌍, focusing on customer demands, sustainability, and digitalization in the industry. As travelers increasingly seek authentic, transformative experiences, adventure travel providers are adapting their offerings to cater to these preferences while also embracing sustainable practices.
Mountain resorts facing demand erosion: Travel Weekly ⛰️📉 reports that mountain resorts may face demand erosion this summer, as consumers prioritize other travel experiences. Factors such as pandemic-related travel restrictions and changing consumer preferences are contributing to the shifting demand landscape for mountain resort destinations.
Tackling over-tourism: Hospitality Net 🌍🏖️ explores how the travel industry can tackle over-tourism by implementing responsible tourism practices and promoting less-traveled destinations. By focusing on sustainable development and encouraging travelers to explore off-the-beaten-path locations, the industry can help alleviate the negative impacts of overtourism on popular destinations.
$50 million side hustle: Entrepreneur highlights, Harvest Hosts, a small business side hustle 💼💰 that is now projected to generate $50 million in annual revenue, showcasing the potential of entrepreneurship in the current economy.
Airbnb regulations in Bozeman, Montana: Bozeman, Montana, is considering tightening regulations 🏠🚫 on short-term vacation rentals like Airbnb, reflecting a growing trend of stricter oversight in the industry. The proposed regulations aim to address housing shortages and maintain the character of local neighborhoods.
Government, Grants & Policy:
🚁 Flying taxis & eVTOL air mobility: Vertiports are the future of urban air travel, as cities prepare for the rise of electric vertical take-off and landing (eVTOL) vehicles. Check out how these skyports will change urban transportation. 🌆
🌳 Housing solutions are climate solutions: Seattle Times' opinion piece argues that innovative housing solutions can help combat climate change. Learn more about how denser, greener cities can reduce our environmental impact. 🏢
🏞️ Farm Bill & Recreation Industries: The Farm Bill could bring exciting possibilities for the recreation industries, boosting rural economies. Discover how this legislation could impact outdoor enthusiasts. ⛺
🌲 Serene corner of Washington state: Discover the tranquil beauty of Washington state's Hoh Rain Forest in this travel article, where lush greenery and wildlife offer a perfect escape. 🦌
💰 Wyoming's Outdoor Recreation Boom: Wyoming is poised to benefit from the $860 million national outdoor recreation boom. Find out how the Cowboy State plans to capitalize on this opportunity. 🤠
🏛️ Supreme Court & Fishermen's Fight: The US Supreme Court takes up a case involving fishermen fighting for conservation funding. Read more about the battle over how funds should be allocated. 🎣
🌳 DCNR's Office of Outdoor Recreation Proposal: Pennsylvania's Department of Conservation and Natural Resources (DCNR) is set to propose an Office of Outdoor Recreation to boost the industry. Explore the potential impact of this new office. 🥾
💰 $10M Fund for BC's Outdoor Sites & Trails: A $10 million fund has been established to help volunteers maintain British Columbia's outdoor sites and trails. Learn about the investment in preserving the region's natural wonders. 🏞️
🌍 Foundation for International Conservation: U.S. Senators Chris Coons (D-Del.) and Lindsey Graham (R-S.C.) recently reintroduced bipartisan, bicameral legislation aimed at establishing a U.S. Foundation for International Conservation. Check out their mission and the projects they're involved in. 🐘
Products, Gear & Gadgets:
🐑 Female Rancher & American Wool: Meet the female rancher on a mission to make your clothes from sustainable, domestically sourced wool. Find out how she's transforming the textile industry. 👚
🚙 Polaris' Tesla-style Off-road Vehicles: Polaris is giving off-road vehicles the Tesla treatment with its electric Ranger XP Kinetic. Discover how they're revolutionizing the off-road experience. ⚡
🌎 Igloo's Eco Collection Expansion: Igloo expands its Eco Collection with new recycled coolers, featuring collaborations with Peanuts and Parks Project. Learn about these environmentally friendly and stylish coolers. ❄️
🌿 New Interest in Fiber Hemp: There's a growing interest in fiber hemp for use in various industries, including textiles and construction materials. Read about the potential of this sustainable crop. 🧵
🏔️ The Sustainable Evolution of The North Face: Witness the sustainable evolution of The North Face, as the iconic brand continues to incorporate eco-friendly practices. Check out their journey towards a greener future. 🌱
Quote of the Week:
“I believe that business can be a force for good, and that profit and purpose can go hand-in-hand. In fact, I believe that companies with a strong social mission will ultimately outperform those without one.”
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