All Adventure Travel articles
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Article
Thule’s Q1 results benefit from bicycle market recovery
In its Q4 report for 2023, transport system provider Thule Group AB stated that it was already experiencing “the first signs of an improvement in the tense market situation.” The first quarterly report of the current 2024 financial year proves that the Swedes were not mistaken: They have made a ...
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Article
Samsonite aims for dual listing
Samsonite International S.A., the parent company of Gregory, High Sierra and a number of travel luggage brands, announced that the company’s Board of Directors has authorized management to seek a listing of the company’s shares on a second leading stock exchange in addition to the Hong Kong Stock Exchange. The ...
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Recovery in leisure, business travels boosts Samsonite
Annual profitability at Gregory parent Samsonite rose by 33 percent to $450.3 million from $338.3 million for the 12 months ended Dec. 31. The group’s FY operating profit increased by 51 percent to $743.7 million from $492.1 million as the annual gross margin expanded by 350 basis points to 59.3 ...
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Slimmed down Clarus focused on outdoor, adventure
Having completed the divestiture of its former Precision Sport business on Feb. 29, Clarus Corp., the parent of Black Diamond, Rhino-Rack, Maxtrax and Tred Outdoors, says it has taken important steps to realign its brands and inventory levels and position its business for “long-term profitable growth as a pure-play, ...
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News briefs
Samsonite looks at options after reported takeover interest
Samsonite, the parent company of Gregory, High Sierra, Xtrem and other luggage and bag brands, is considering options, including going private after receiving a takeover offer from undisclosed bidders, Bloomberg reports, citing sources said to be familiar with the matter. Some private equity firms have reportedly analyzed a deal with ...
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Article
The winners of the French Outdoor Awards 2024
On Jan. 30, the 22 candidates for the French Outdoor Awards 2023-2024 had the opportunity to present their product or service to a jury of experts, media representatives, representatives of outdoor brands and potential future customers at the Sport Achat 2024 trade show in Grenoble. Four products stood out and ...
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Article
Annual US Outdoor Adventures Industry survey released
Outdoor Adventures Connection, a US-based platform dedicated to connecting adventure seekers with outdoor experiences, released the findings of its annual Outdoor Adventures Industry Survey. The report, which encompasses data from across the US, assesses current trends, challenges, and opportunities within the outdoor adventure sector and offers valuable ...
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News briefs
E-snowmobile experiences in Wyoming
Source: FLO FLO powers electric-snowmobiles for Off-Grid Experiences in Wyoming FLO, a North American electric vehicle (EV) charging network operator and a smart charging solutions provider, and Off-Grid Experiences Jackson Hole, a Wyoming-based outdoor adventure company, are offering (and powering) „green” winter adventures in the great American ...
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News briefs
Norrøna ambassador Vincent Colliard reaches South Pole solo in record time
Source: Norrøna Norrøna ambassador Vincent Colliard On Jan. 11, 2024, Norrøna ambassador Vincent Colliard became the fastest person in Antarctic history to reach the South Pole alone and unsupported on skis. He broke the previous world record by almost 2 days and covered 1140 km in 22 ...
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Levi Ski Resort: Leading the way with snow security and superior service
Snow reliability is the paramount competitive factor for Levi, a ski resort in Finland. Find out how industry cooperation and innovations are securing the future of the resort.
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Article
Sea to Summit acquires Cirdan, bolsters presence in Scandinavia
Australian adventure brand Sea to Summit Pty Ltd has announced the acquisition of Cirdan AS, its current distribution partner in Norway, Sweden and Finland, effective Feb. 1, 2024. Cirdan has a head office in Lorenskog, Norway, a sales office in Stockholm, Sweden, and an agent office in Helsinki, Finland and ...
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Article
Dometic posts improved profitability, lower Q4 sales
In a seasonally weak quarter where most retail customers worked to get their inventory levels in line, Dometic reported an 89 percent increase in net income to 51 Swedish kroner (€4.5m) despite a 13.7 percent drop in revenues to SEK 5,327 million (€471.7m). The Q4 operating profit dipped 1.5 percent ...
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Travis Campbell: The Future of travel and how Eagle Creek plans to benefit from it
What has changed at Eagle Creek since Campbell’s 2021 takeover, how much has the company grown, and what are the challenges ahead?
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News briefs
Jack Wolfskin makes its debut at Pitti Uomo
Source: Jack Wolfskin Jack Wolfskin’s SS24 Light Hiking collection for men German outdoor company Jack Wolfskin showcased its technical and lifestyle ranges at the latest edition of Pitti Immagine Uomo, which took place at the Fortezza da Basso in Florence on Jan. 9-12. Pitti Uomo, held twice ...
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News briefs
Camp Base allies with adventure travel agency
On Dec. 22, according to CMDsport, Camp Base struck a deal with Manaslu Adventures. The companies’ chief executives have agreed to an exchange of shares. The Spanish mountain sports retail chain and the adventure travel agency are both looking to increase their competitiveness. At its height a few years ago, ...
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News briefs
Thule’s SVP Corporate Communications is leaving the company
Fredrik Erlandsson has informed the Swedish Thule Group that he will be leaving his position as Senior Vice President Corporate Communications and Investor Relations to take over responsibility for corporate communications and investor relations at the Swedish energy technology company NIBE Industrier and become part of the Group’s Executive Board. ...
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News briefs
Sport Achat Hiver to be held end of January, FOA 2024
The French trade show Sport Achat Hiver will take place this year from January 29 to 31 at the Alpexpo in Grenoble. The event will welcome over 4,000 professionals from the outdoor industry to the 20,000 sqm exhibition center. If you would like to attend Sport Achat ...
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Launch of new Interreg project for sustainable outdoor sports
With the Interreg project “AAC – Alpine Awareness Camps,” the Innsbruck-based Verein zur Information über alpine Gefahren (Association for Information on Alpine Dangers), known for its SAAC (Snow & Alpine Awareness Camps) initiative, wants to set new standards for sustainability and digitalization in alpine outdoor sports. From Sept. 1, 2023, ...
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News briefs
Lawton takes over as CFO of Thule Group
Source: Thule Toby Lawton As already announced in July 2023, Toby Lawton took over the role of CFO of the Swedish Thule Group with the start of 2024. He succeeds Jonas Lindqvist. Lawton was most recently CFO at the Swedish textile recycling company Renewcell. At Renewcell, former ...
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Clarus sells Precision Sport segment
Salt Lake City-based Clarus Corp., the parent company of the outdoor and overlanding brands Black Diamond, Rhino-Rack, Maxtrax and Tred Outdoors, announced on Dec. 29, 2023, that it has entered into a definitive purchase and sale agreement to sell its Precision Sport segment, which consists of the company’s Sierra Bullets ...