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ArticleJohnson Outdoors sees improving supply availability in fishing
Johnson Outdoors has reported mixed first-quarter results, with improving sales trends in fishing and diving and declines in camping and watercraft, but higher-cost inventory continues to press on margins. The group, while uncertain how the spring season will evolve, intends to monitor demand and proactively manage inventory levels as the ...
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Bicycle developer and designer Andi Muff has new OEM offering
Andy Muff has developed a new damping system that uses an unusual natural fiber
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Vista Outdoor net income dips 45% in Q3
Vista Outdoor, the group that owns 41 sporting and outdoor brands, saw its Q3 net income fall by 45 percent to $65.1 million from $118.1 million for the third quarter ending Dec. 25. Reported earnings before interest and taxes (EBIT) declined by 38.8 percent to $97.3 million. Earnings before interest, ...
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Fashion For Good launches 18 month-project Sorting for Circularity in the U.S.
Source: Fashion for Good Fashion for Good’s Sorting for Circularity U:S. project sets out for research in the textile waste streams in North America. Funded by Adidas, Inditex, Levi Strauss & Co, Target, Eastman, H&M and Nordstrom, Amsterdam-based Fashion for Good (FFG) has launched a new initiative ...
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Review: Slide/ Winter OTS Winter Trade Show 2023
With the flip of ISPO to before Christmas and much nearer the opening of the Fall/Winter 23/24 buying window, the British show acted more as a way to wrap up order-taking for retailers. ISPO also was reorganized to have Hall B2 as the center of conversations and thinking. Munich saw ...
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Giant Group acquires minority stake in Stages Cycling
According to two filings published on the Taiwan Stock Exchange (TWSE), the country’s largest bicycle manufacturer, Giant Manufacturing Company Ltd (a.k.a. Giant Group – Cadex, Giant, Liv, Momentum brands), has acquired a minority stake in U.S.-based indoor cycling and professional cycling training expert, Stages Cycling LLC. Following the approval at ...
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Dometic Q4 organic sales slump 11%
Dometic reported sales in the fourth quarter of 2022 of 6,172 million Swedish kronor (€550.1m), up by 11 percent on the year earlier, as acquisitions and currency tailwinds more than offset an 11 percent contraction in organic sales. The decline in organic sales at the Swedish specialist in products for ...
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Swedish sports retail sales decreased by 7.5 percent in Q4
The quarterly Sportindex by Svenskt Sportforum shows that Swedish sports retail sales decreased by 7.5 percent in the fourth quarter of 2022, making it the fourth consecutive quarter with negative development for sports retail. For the full year 2022, sports retail sales development landed at -5.8 percent. However, the drop ...
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GfK e-bike monitor 2022 researches European consumer journey
In its latest European comparison of the e-bike market, GfK has researched the owners’ preferences, the customer journey of potential e-bike buyers and the actual use of the bike once it is purchased. The GfK E-Bike Monitor 2022 reveals that many e-bike buyers are already owners: for example, one in ...
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Now available: How to get your supply chain data compliance-ready
Our latest free EDM Expert Talk in partnership with TrustTrace. We provide you with a practical roadmap to getting your data ready for compliance.
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EuRIC study on secondhand clothing quantifies what we suspected
While 62 percent of used clothing still end up in household waste today, their re-use could contribute massively to CO2 and water savings efforts. The Brussels-based European Recycling Industries’ Confederation (EuRIC) has now commissioned a new life-cycle assessment (LCA) that compared new clothing to secondhand textiles. The LCA shows that ...
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Anta CEO hands over duties while group reshuffles management positions
To facilitate the implementation of the group’s “multi-brand” and “globalization” strategies, Anta Sports separated the roles of chairman and CEO and implemented several other executive changes.
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Gorpcore: Where fashion and sportswear meet
Gorpcore: the trend you may have missed and the huge potential it holds for performance brands. We explain it and evaluate its potential.
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Greenwashing: The tide and the law are turning
When does an environmental claim become greenwashing? We outline the current legal position on using environmental claims to market products
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Is this the end of PFAS?
What does the announced Oeko-Tex ban on the use of PFAS in textiles and footwear mean for the industry and the future of waterproof clothing and footwear? Our article explains the latest changes and lists alternative weatherproof solutions already available. So what is the future of PFAS? Do the recent ...
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Emerald acquires U.S. organizer of Overland Expo Series
Trade show organizer Emerald Holding, Inc, responsible for the U.S. trade show Outdoor Retailer, among others, has acquired all assets of Lodestone Events, a U.S. event production company that owns and operates the Outside Adventure Expo and Overland Expo event series. According to an official statement, the acquisition supports “Emerald ...
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2022 bicycle stock chart development proves you can always do worse
Five are up, the majority are down. Compare your brand’s performance with our analysis of the 2022 bicycle stock market.
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Solo Brands eyes deeper assortments with wholesale partners
The publicly traded Grapevine, TX company, which owns four businesses led by its Solo Stove unit, has a Direct-To-Consumer to Wholesale ratio of 85 to 15, a percentage that is likely to persist given Solo’s extreme focus on its relationship with customers. But Solo has a new partnership with warehouse ...
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European Fashion Alliance summit defines roadmap to change, plans industry-wide survey
The European Fashion Alliance (EFA), founded in Summer 2022, held its first meeting during the trade show Gran Canaria Swim Week in October 2022 to specify its goals and define the alliance’s roadmap for the next years. Top of the agenda was the EU Green Deal to reduce net emissions ...
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New anti-greenwashing rules come into effect in France
As part of its legislative arsenal to combat climate change, the French government has now introduced the next stage of its anti-greenwashing legislation, effective since January 1, 2023. The new rules are following a major step to control claims on carbon offsetting and carbon neutrality in advertising that came into ...
