All Adventure Travel articles – Page 10
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ArticleThule again comments on the current market situation in the bicycle industry
In mid-September, Thule Group provided a trading update regarding the negative impact of the current market situation in the bicycle retail industry. High inventories of bicycles and bike accessories at retailers in Europe and North America were expected to negatively impact Thule Group’s sales and profitability until the next bike ...
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News briefsAndalusian bike chain benefits from tourism
BikePhilosophy, with stores in Marbella, Málaga and Vélez-Málaga, enjoyed a year-on-year rise in sales of 30 percent in the third quarter, according to CMDsport. The Spanish retailer’s first quarter fell short of expectations, with a rise of 9 percent, but business has picked up since July, resulting in a rise ...
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News briefsAdventure tourism doing record business in Spain
Spain’s adventure tourism sector is expected by the end of this year to exceed €26 billion in revenues, according to CMDsport, whose report draws on the forecasts of Yumping.com, themselves grounded in national economic figures. The projection for 2022 revenues would exceed the total for the pre-lockdown year of 2019 ...
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ArticleAdventure Travel Trade Association announces new board of directors
The Adventure Travel Trade Association (ATTA) has appointed a board of directors, marking a shift away from the advisory board it has had for the last 18 years. The change was initiated at the height of the Covid-19 pandemic when traditional banks were reluctant to work with the private sector ...
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ArticleAdventure tourism market to reach $1.009 trillion in size by 2030
According to a new report by Grand View Research, Inc, a U.S. market research and consulting firm, the global adventure tourism market – valued at $282.1 billion in 2021 – is estimated to reach $1.009 trillion by 2030, at a Compound Annual Growth Rate from 2022 to 2030 of 15.2 ...
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ArticleThule Group maintains Q2 gross margin on price hikes, efficiencies
Source: Thule Group Magnus Welander, President and CEO Thule Group was able to maintain its second-quarter gross margin rate at 42.2 percent year-on-year through price increases and efficiencies that helped offset negative margin impacts from higher raw material costs and freight prices coupled with unfavorable exchange rates. ...
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ArticleDometic sees organic sales slip 1% in Q2, unveils new efficiency measures
Dometic saw a 1 percent decline in organic sales in the second quarter of 2022 as Service and Aftermarkets sales slipped following a strong year-earlier performance and retailers globally rebalanced their inventory levels amid tougher market conditions. Acquisitions and foreign currency tailwinds nonetheless allowed the company to boost its top ...
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News briefsevo to build second campus with retail, hotel and more in California
Source: Evo Lake Tahoe (California) Seattle-based outdoor retail and adventure brand evo has announced plans to build a new campus in Tahoe City, Calif. The new campus will be centrally located on the shores of North Lake Tahoe. Like Campus Salt Lake, Campus Tahoe City will be ...
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News briefsREI expands its adventure travel program in the U.S.
U.S. retail co-op REI is expanding its line of multi-day adventure trips, guided day tours, rental outlets and adventure centers as part of a multi-year strategy to get 3 million people outside each year. Consumer interest in the outdoors and related activities has surged across the country in recent years, ...
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ArticleUSWE acquires Oregon-based Giant Loop, opens U.S. subsidiary
Swedish company USWE Sports AB has agreed to acquire U.S. companies Giant Loop LLC and Armadillo Bag LLC, among the most successful brands in the soft-bag segment for the off-road market in the U.S. The fixed acquisition price totals approximately $3 million, of which roughly $1.5 million will be paid ...
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News briefsGathr Outdoors acquires WaterPORT
Gathr Outdoors, known as MacNeill Pride Group until January 2022 and a family of outdoor, camping and recreation brands, announced the acquisition of California-based outdoor adventure water tank manufacturer WaterPORT. The terms of the transaction were not disclosed. WaterPORT founder Adrian Frick will report to Cory Tholl, president of Gathr ...
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ArticleAustralian investment company acquires majority stake in Sea to Summit
Australian investment company Five V Capital has become the majority shareholder of Sea to Summit Pty Ltd, the adventure gear brand headquartered in Perth, Western Australia. Sea to Summit offers adventure equipment such as sleeping bags, dry bags, sleeping mats, tents, camping kitchens and outdoor accessories worldwide. In Australia, Sea ...
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News briefsOrtlieb expands digital dealer support
Following the introduction of a dealer locator on its brand platform www.ortlieb.com, which allows customers worldwide to view the nearest Ortlieb specialist retailer, the German specialist for waterproof outdoor and bicycle bags has now taken the next step together with Outtra to allow local retailers to participate in the increasingly ...
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News briefsChaco collaborates with U.K. Outsiders Store
Chaco Footwear, a division of Wolverine World Wide, celebrates its first international collaboration with U.K. retailer Outsiders Store. The collection combines the classic design of a British 4×4 vehicle with Chaco’s Z/1 sandal. According to the brand, the new collection features the durability and functionality of all Chaco sandals. The ...
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News briefsDakine starts partnership with 1% for the Planet
Dakine has entered into a partnership with 1% for the Planet, committing to donate 1 percent of gross sales from e-comm sales each year to select non-profit environmental partners strategically supported by the 1% team. The partnership aligns with Dakine’s commitment to respect and protect the mountains and the ocean. ...
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News briefsBergzeit relaunches its travel and alpine training offerings
German retailer Bergzeit has revamped its range of travel and alpine experiences under the ”Bergzeit Erlebnis” label and will no longer operate as a tour operator, but as an agent only. The travel services were launched in 2018/19 with a soft launch as an add-on to the Bergzeit shop. With ...
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News briefsAll European Dometic production sites now powered by renewable energy
Dometic has entered the next phase in implementing the company’s sustainability strategy. The program covers the next three years until 2024. For an overview of the program and its goals, visit the sustainability section of dometic.com. Energy efficiency in production and in the use phase of products have long been ...
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News briefsScott Sports builds travel division
Scott Sports is expanding its product portfolio and building its own outdoor travel division. At scott.com/travel, offers can already be found, which Scott divides into the areas of “Trail” (MTB), “Explore” (Bike/Surf) and “Performance” (Roadbike). The Swiss company is currently searching for a product manager for the new business area. ...
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ArticleThule Group with new product categories, updates financial targets
At its capital markets day, the Swedish Thule Group has presented plans to enter the two new product categories in 2023: car seats – to be launched in Europe first, expanding worldwide in a second step – and dog transport products, starting with a dog cage. The company was also ...
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News briefsGregory sales decline slightly in Q1, impacted by Asia and Europe
Samsonite International reported that Gregory Mountain Products sales declined 4 percent to $15.1 million in Q1 2022 from $15.8 million a year earlier, making it the only Samsonite brand to report a decline in the period. Sales in North America increased 5 percent due to the easing of social distancing ...
