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ArticleBritish delivery service fears uncontrollable Black Friday
London-based delivery service ParcelHero said that it’s forecasting an £8.49bn (€9.5bn-$11.5bn) monster Black Friday to Cyber Monday weekend. It warns that stores must learn from the disaster of Black Friday 2014 or delivery chains could snap once again this year. In 2019, Britons spent a ...
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Ortovox publishes fifth Social Report
The fifth social report released by the German mountain sports specialist Ortovox is entitled “ Sustainability Insights,” because it is all about ”the people who move the company with their beliefs and commitment.” Source: Ortovox Product designers Jasmina Vo-Van and Sonja Lugmaier The ...
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Jack Wolfskin has found a new CEO
Richard Collier will be the new chief executive officer of Jack Wolfskin , effective Dec. 1. In this function, the 47-year-old Briton will be responsible in particular for the successful continued development of the strategic brand positioning and the further internationalization of the brand. He succeeds Melody Harris-Jensbach , ...
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Analysis: Pushing the boundaries of what a sports store can be
Everyone has a sport. We’re not talking about a gym membership, but full immersion into a discipline, where we have to have the right clothing, equipment and an app to help with training and motivation. Whether it’s working towards a black belt in Taekwondo, competing in triathlons or mastering yoga inversions, sport has become serious. In addition, there are other driving factors such as the increasing interest in wellness, more female participants in more sports and the acceptance of leisure wear in almost all areas of life. This is pushing growth in the sporting goods market, and it also has a knock-on effect on what we expect from our sports stores. If we’re prepared to spend a good amount of our disposable income in this area, we want the brands we chose to offer above and beyond the everyday retail journey.
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Goldwin’s profits dwindle
Goldwin ’s revenues dropped by 16 percent in the second quarter to ¥19,358 million (€157.4m-$182.5m), while net income tumbled by 59 percent from the year-ago period to ¥915 million (€7.4m-$8.6m). The company’s gross margin fell by 1.4 percentage points to 50.6 percent. The company said that the impact of ...
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Black Friday, and how our industry deals with it in times of Covid-19
While in many consumer goods sectors, it seems that people still don’t think about how our planet suffers from fast, cheap, and unsustainable shopping, some members of the outdoor industry have tried to resist the sell-out madness for quite some time now. In the home country of Black Friday ...
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Canada Goose wants to keep the planet cold and the people warm
After unveiling its Sustainable Impact Strategy in April and building on these core values and outlining its vision for the future, Canada Goose has now presented a new digital platform called Humanature that unites the brand’s sustainability and values-based initiatives and represents the ...
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Arc’teryx opens first Icon Store with flexible DTC services
Arc’teryx has launched a new retail store concept called The Icon Store . The first store was opened in Walnut Creek, California, on Nov. 12 with 77 square meters of floor space, inspired “by wood-frame backcountry huts.” The compact store is designed to streamline the shopping experience by showcasing ...
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Odlo successfully pursues its sustainability goals
Swiss performance sportswear brand Odlo has published its sustainability report for the 2019/2020 financial year, in which the brand has achieved significant improvements in terms of product, environmental and social responsibility. Despite the effects of the worldwide Covid-19 pandemic, the brand has made significant progress and demonstrated its long-term ...
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WFSGI to assist the sporting goods industry to bridge period of recovery
The World Federation of the Sporting Goods Industry ( WFSGI ) has shared the outcome of the October edition of its WFSGI Covid-19 Impact Survey . As a summary, the federation said that “the industry has a plan, but will need time to adopt and adapt to changes triggered ...
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Fesi publishes Covid survey ahead of European Commission conference
(SGI) The European Commission is organizing a major conference on Nov. 17 on the recovery of the sports sector after the coronavirus crisis. The Federation of the European Sporting Goods Industry ( Fesi ), which has taken part in a survey that will be unveiled during the conference, ...
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Gregory dropped by 13% in Q3, in group that fell by 65%
Gregory ’s sales declined by 13.0 percent to $15.9 million in the third quarter. They again outperformed the results of Samsonite International ’s less functional brand of backpacks, High Sierra , which plunged down by 70.2 percent to $4.5 million. Across all the numerous brands of Samsonite, sales went down ...
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A glimpse into next year’s Ispo shows
(SGI) The three top executives of Messe München charged with Ispo ’s development and digital transformation – Tobias Gröber, Jeanettee Loos and Markus Hefter – gave a few details about the format of the next Ispo Munich and OutDoor by Ispo shows at the ...
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EU believes that Amazon has violated competition rules
The European Commission believes Amazon violated competition rules by unfairly benefiting from non-public data on independent sellers who use its marketplace, it said in its preliminary findings from an antitrust investigation underway against the American e-commerce giant since last year. The European Union’s executive body added it was also ...
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Goldwin releases knitted sweater made of plant-based biopolymer fabric
In 2015, the Japanese ski and outdoor brand Goldwin and a biomaterial innovator, Spiber , started working on the practical application of structural protein materials – called Brewed Protein™ – in the outdoor industry. Brewed Protein refers to artificial protein materials produced from plant-derived biomass using a proprietary ...
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Black Diamond sales improve but remain below last year
Clarus Corp reported third-quarter sales for Black Diamond (BD), the group’s biggest brand, that bounced back from the second quarter, when revenues were hit by store closures in Europe and America. However, BD still posted an 8 percent decline in revenues compared with the third quarter of 2019, ...
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Jack Wolfskin’s owner Callaway up on golf momentum
Callaway Golf Co. saw sales for the third quarter rise by 12 percent to $475.5 million, thanks to the rising popularity of golf after lockdowns ended, as the sport can be practiced while respecting social distancing guidelines. The golf equipment segment’s sales soared by 27 percent from the year-ago ...
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Spinnova, Bergans and Halley Stevensons launch second Collection of Tomorrow product
One year after the Finnish fiber company, Spinnova, and outdoor company Bergans of Norway presented their innovation project called The Collection of Tomorrow , which aims to develop 100 percent circular textile products only using renewable resources, the two partners are launching a second product, the Spinnova ...
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GoPro's DTC approach drives profits
The American action camera specialist managed to post a profit for the third quarter thanks to a more intense direct-to-consumer (DTC) approach and strong sales of new products, which helped boost total revenues by 114 percent to $280.51 million. Analysts expected revenues of $234.5 million. GoPro ’s net income ...
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Pentland publishes first annual Positive Business Report
Pentland Brands has released a new report in which it outlines its new three-pillar “Positive Business” strategy. It is based on: building purpose-led brands; reducing its environmental footprint; and promoting circularity and collaboration. Pentland Brands owns Speedo , Berghaus , Canterbury of New ...
