All Article articles – Page 15
-
Article
Amer Sports’ Q1 revenue growth driven by Arc’teryx
Bolstered by constant-currency growth of 48 percent for its Technical Apparel segment, including the Arc’teryx business, Amer Sports delivered Q1 sales and profitability above guidance in Q1. Operating profit fell by 16 percent to $109.0 million from $130.4 million in the period ended March 31. Ebit tumbled by 67 percent ...
-
Article
From interim to permanent: WFSGI Board elects Zwiebler as CEO
Source: WFSGI WFSGI CEO Emma Zwiebler The World Federation of the Sporting Goods Industry (WFSGI) announced that Emma (Mason) Zwiebler has been appointed permanent WFSGI Chief Executive Officer from May 1, 2024. The decision was taken at a recent WFSGI Board Meeting in London after Zwiebler’s successful ...
-
Article
Patagonia: Free repairs at European climbing and bouldering spots
This spring, the Worn Wear Repair Team will be heading to climbing and bouldering spots in Europe as part of the Patagonia Worn Wear Climb Tour 2024. Source: Patagonia Patagonia Worn Wear’s custom-built repair vehicle The two custom-built repair vehicles, designed in-house to reach even the most ...
-
Article
DTC drives Canada Goose
Canada Goose, which recently hired its first creative director to reshape its product portfolio and elevate its creative aesthetic, reported a 31 percent improvement in Q4 operating income to C$7.6 million (€5.1m) against a C$10.0 million loss in the year-ago period. Net income attributable to shareholders was C$5.0 million. Gross ...
-
Article
Join us at OutDoor by ISPO 2024
Join us at OutDoor by ISPO. Stop at our booth for a chat and listen to our consumer trends panel talk.
-
Article
Strava uses AI for next chapter of accelerated product development
Strava unveiled its latest initiatives and product developments at its annual event, Camp Strava, in Los Angeles on May 16. Under the theme “Progress, Together”, the company announced how its global community will be able to use Strava in the future. “Strava is gaining momentum to realize our vision of ...
-
Article
Canada Goose welcomes its first creative director
Canada Goose has appointed designer Haider Ackermann as the company’s first Creative Director. He is considered a luminary in the fashion industry and is celebrated worldwide for his talent in defining modern design. The Colombian-born French designer will be based in Paris and will work alongside Chairman and CEO Dani ...
-
Article
Arc’teryx unveils first Alpha Store, ‘challenging retail status quo’
Canadian outdoor brand Arc’teryx, founded in 1989, has unveiled its new Alpha store format in Toronto. The company said the US debut will follow later this summer at 580 Broadway in Manhattan. Other future openings have not yet been announced. “Arc’teryx is looking to challenge the retail status quo and ...
-
Article
New US Outdoor Alliance report: Expanding outdoor recreation while fighting climate change
Expanding access to outdoor recreation while combating climate change and preserving biodiversity are some of the key climate benefits of natural solutions. This is according to a new policy report released today by the Outdoor Alliance (OA), a US non-profit organization that protects public lands and waters on behalf of ...
-
Article
eBay introduces new resell feature
Source: eBay eBay has announced its new “Resell on eBay” feature, which allows users to offer their clothing on eBay with a few clicks of the mouse. The new feature has been developed as part of eBay’s commitment to make it easier for brands and buyers to ...
-
Article
Bankrupt Renewcell sells pilot plant to manufacturer of non-oil absorption materials
Six weeks after Renewcell’s liquidator, Lars-Henrik Andersson, announced that several bids had been made for the business and assets of Swedish textile recycler Re:NewCell AB, Biosorbe, a Swedish company that produces a bio-based product for absorbing spilled oil, announced on Tuesday that it has acquired the bankrupt textile recycler’s pilot ...
-
Article
Leatt Q1 sales continue to decline, but inventories normalize
After a sales boom during the pandemic years, the shares of the South African manufacturer of protective equipment for motorized and non-motorized off-road two-wheelers Leatt Corporation (traded OTC in the US), like many others, have experienced a “down-to-earth” development in the post-Covid period. This continued in the first quarter of ...
-
Article
Outdoor industry collaborates to fund renewable energy project in Taiwan
The European Outdoor Group (EOG) has announced details of the first project funded by its Impact Accelerator Fund (IAF) initiative. Focusing on increasing access to renewable energy in Taiwan, the project is being led by an organization called Act Renewable and has the potential to benefit many outdoor brands. Launched ...
-
Article
The Lycra Company and Qore get support from Dairen Chemical
The Lycra Company announced the signing of a letter of intent with Dairen Chemical Corporation (DCC) to convert Qira – a brand of BDO (1,4-butanediol) – into environmentally friendly PTMEG, the main ingredient in its patented bio-derived fiber Lycra. Dairen will be the first company in the world to produce ...
-
Article
Vista Outdoor weighs buyout offer, reports Q4 results
The board of Vista Outdoor continues to recommend the sale of its The Kinetic Group to Czech group CSG, which would pay shareholders $12.90 a share in cash and one share in its Revelyst spin-off. However, the company will conduct a special meeting on June 14 to consider another buyout ...
-
Article
Isbjörn has the highest second-hand value among kids’ brand
In a new independent study by Tradera.com, Sweden’s largest online marketplace for the circular economy, Swedish premium and sustainable outdoor children’s clothing brand Isbjörn has the highest second-hand value on the circular market. Tradera looked at the number of online searches, items sold, average prices and sales ...
-
Article
EU’s new directive for the right to repair
On April 23, after about two years of negotiation, the EU adopted a directive establishing common rules for the right to repair. Member states must be compliant with the directive within 24 months of its entry into force. The rules relate to the New Consumer Agenda and the Circular Economy ...
-
Article
Yeti bumps up FY income outlook after solid Q1
The outdoor product group maintained its full-year adjusted sales outlook of 7 to 9 percent growth. However, after reporting strong Q1 results, Yeti moved its adjusted operating income percentage target up slightly to 16.0 to 16.5 percent. Operating income rose by 71 percent to $25.8 million from $15.1 million ...
-
Article
Patagonia forging ahead with recyclable wetsuits
In 2014 Patagonia changed the material in its wetsuits from neoprene, a synthetic derived from petroleum, to a natural rubber produced by Yulex – at least for about 85 percent of each wetsuit. Six years later, it built what it calls the Wetsuit Forge, which combined its design and repair ...
-
Article
Emerging ‘proof points’ are positive news for Wolverine
In a self-proclaimed “transition year,” Wolverine Worldwide is beginning to witness ”proof points” that it hopes will signal an ongoing turnaround for the Saucony, Merrell and Sweaty Betty parent. These developments in Q1, where the company exceeded Wall Street’s revenue guidance, included higher gross margins, less promotion in the direct-to-consumer ...