All Adventure Travel articles – Page 13
-
ArticleAmer Sports divests Suunto
Amer Sports revealed it has reached an agreement with Chinese technology company Liesheng to sell its Finnish brand Suunto, a manufacturer of sports watches, dive computers and precision instruments. Amer said the sale was in line with its strategy to focus on developing internationally recognized sporting goods brands in the ...
-
News briefsClarus with new CFO and COO
Clarus Corp., the Utah-based owner of the Black Diamond, Rhino-Rack, Maxtrax, Sierra and Barnes brands, has appointed a new CFO, Michael J. Yates. Yates has spent nearly 35 years in financial management positions. After working for PriceWaterhouseCoopers and KPMG, he served in various roles at IDEX Corporation, a diversified engineered ...
-
News briefsYeti to establish European subsidiary
Yeti Coolers, a wholly owned subsidiary of publicly traded Yeti Holdings headquartered in Austin, Texas, has announced that it is currently planning to move into its first European office in Amsterdam, the Netherlands, as part of a gradual internationalization effort. Yeti is currently already present in 20 European countries, having ...
-
ArticleTourism-related sporting goods retailers in Austria see winter season at risk
In the 2020/2021 winter season, tourism-related sporting goods retailers in Austria recorded sales losses of up to 95 percent. A study by SpEA (SportsEconAustria) commissioned by the Federal Committee for Trade in Fashion and Leisure Articles in the Austrian Federal Economic Chamber (WKÖ) now shows that what was already feared ...
-
News briefsClarus invests further in the Overlanding segment
Following its purchase of Rhino-Rack, Clarus Corp, the Utah-based parent company of Black Diamond and Pieps, has now bought Maxtrax, the group’s second brand in the “off-road vehicle accessories” sector. The segment has now been integrated into the group under the title “Overlanding.” Like Rhino-Rack, Maxtrax is an Australian company. ...
-
News briefsFox wants to enable sustainable adventures for all with new global community program
U.S. suspension specialist Fox Factory has launched a community investment program called Trail Trust. Together with non-profit partners around the world, the new program aims to enable sustainable adventures for everyone by promoting conscientious use of nature and protecting shared outdoor playgrounds. It also means expanding opportunities in the outdoor ...
-
News briefsTenson supports Adventure Travel Trade Association
Swedish outdoor brand Tenson has entered into a two-year partnership with the global Adventure Travel Trade Association (ATTA) to support the industry summit Adventure Elevate 2022 on May 3-5 in Eugene, Oregon, USA, and the Adventure Travel World Summit 2022 on October 3-6 in Lugano, Switzerland, where the best and ...
-
ArticleFirst Dynafit brand store in Munich opens with expert panel on resort ski touring trend
Dynafit has opened its first brand retail store on Nov. 12 in downtown Munich, Germany, with 80 square meters of space. With the new store, the ski mountaineering specialist wants to establish a new meeting place for the local ski touring and mountaineering scene. At the opening, five experts discussed ...
-
ArticleRecovering travel market provides upswing for Samsonite
Gregory Mountain Products saw its third-quarter sales increase 4.1% to $16.6 million, compared to $15.9 million a year earlier. The High Sierra bag brand increased 88.1% to $8.4 million from $4.5 million a year ago. Parent company Samsonite said its luggage business is rebounding as more people start traveling again ...
-
ArticleGoPro says Christmas sales won’t be hit by supply crisis after stellar Q3 results
Action camera maker GoPro said it did not expect Christmas sales to be hit by supply-chain constraints as it reported better-than-expected third-quarter results. The company posted a net profit of $311.8 million, up from $3.3 million a year ago. Revenue grew 13 percent to $317 million against GoPro’s own estimates ...
-
ArticleGlobal outdoor vacation industry expected to reach over $3,000bn by 2030
ResearchAndMarkets.com offers for purchase a new report with the title “Outdoor Vacation Market by Tour Type, Traveler Type, Age Group and Mode of Booking: Global Opportunity Analysis and Industry Forecast 2021-2030” that provides insights into the global outdoor vacation industry. According to the report, the outdoor vacation market was valued ...
-
News briefsLolë presents first men’s collection
Source: Lolë Lolë, an active lifestyle brand from Montréal, Canada, has introduced a new men’s collection for the fall and winter season. Previously known as a women’s sportswear provider, Lolë is thus expanding its offering to men. The new collection - suitable for various outdoor activities such ...
-
News briefsAcquisition of Igloo completed
On Sept. 17, Swedish company Dometic announced that it has entered into an agreement to acquire Igloo, the Texas-based manufacturer of passive coolers and drinkware for the outdoor market, from private equity group ACON Investments. The closing of the transaction was subject to certain regulatory approvals, which have now been ...
-
News briefsJungfrau Sports Holding renamed Outdoor Switzerland AG and rebranded Outdoor+
The Swiss tourism services provider Jungfrau Sports Holding AG has completely repositioned itself for the coming winter season: The mother company has been renamed Outdoor Switzerland AG and offers all services and activities under a comprehensive website with a new logo. The group was able to purchase the domain www.outdoor.ch ...
-
ArticleDometic Q3 sales growth gets a boost from M&A as supply chain problems persist
Dometic saw sales in the third quarter rise by 24 percent to SEK 5,545 million (€555.2m-$646.5m) despite continuing to suffer from “significant” supply chain disruptions. Growth in the top line of the Stockholm-based specialist in products for mobile living was largely due to acquisitions, with M&A seen increasing revenues by ...
-
ArticleThule sees gains in RV products and carrier systems
The outdoor trend, which kicked in after the Covid-19-related lockdowns, has once again brought good sales growth for the Swedish Thule Group. The trend toward outdoor and leisure activities closer to home continued to positively impact all of the group’s product categories in the third quarter. According to Thule’s preliminary ...
-
News briefsClarus sees Q3 sales up 66-67%
Clarus Corp., the Utah-based parent company of Black Diamond and Pieps, said it expects sales in the third quarter ended Sept. 30 to grow by 66 to 67 percent on the year-earlier to reach $107-$108 million, as it pointed to momentum across all brands. Black Diamond sales are expected to ...
-
ArticleYouGov study sees German consumers returning to winter tourism
In its recent study conducted among 2,049 participants (commissioned by German brand Schöffel), market researchers at YouGov evaluated a rising interest in winter tourism and snowsports. In mid-September, 58 percent of the consumers that are all active in wintersports said they were planning a winter holiday in ...
-
News briefs
Dometic introduces new recycled material for camping products
To offer its environmentally-conscious customers lower-impact choices, Dometic has introduced the new material Redux, a lightweight polyester, made from 100 percent recycled plastic bottles with Global Recycled Standard (GRS) certification. As a start, the new material will be used for the production of a new RV awning and some camping ...
-
News briefsDometic acquires U.S. cooler manufacturer Igloo
Swedish company Dometic has reached an agreement to acquire Igloo, the U.S.-based manufacturer of passive coolers and drinking vessels. The acquisition is an important step in Dometic’s strategy to grow further in the outdoor industry and creates a strong base for further global growth, the company said. It will also ...
