All Article articles – Page 24
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Freight costs and consumer trends present challenges for retailers this Christmas
Supply chain trends highlight steady holiday orders and increased freight costs, impacting retail profitability amid shifting consumer behaviors.
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Bergzeit wins EMAS award
The German outdoor e-retailer was recognized for environmental innovation.
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Giant Group's results still affected by high inventories
The Taiwanese group is facing a decline in sales and challenges in the market in the first three quarters despite strong growth in China and new indoor cycling ventures.
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Biotexfuture Fall Forum highlights bio-based textile innovations
The upcoming forum before ISPO Munich showcases eco-friendly, bio-based materials, with industry leaders discussing sustainable textile solutions.
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Thule Group acquires Quad Lock
The Swedish group expands its portfolio with the strategic acquisition of the Australian phone mount specialist.
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Schoeller to close Swiss production facility due to rising costs
Due to economic pressure, the Swiss textile manufacturer will reportedly close its site in Sevelen, affecting several employees as production is moved abroad.
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Merrell’s Q3 EMEA sales rise by mid-teens
Merrell’s Q3 sales rose 1.4% to $159.2m, driven by growth in the US and Asia. Parent Wolverine Worldwide eyes a strong 2025 launch for Merrell’s Speed Arc Collection.
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Vista Outdoor reports solid Q2
Both segments performed satisfactorily in Q2 in the midst of the spin-off plans, with strategic cost-cutting initiatives boosting profitability.
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Despite declines, Clarus sees improvement in outdoor and adventure
Revenue shifts in outdoor and adventure gear reflect strategic adjustments aimed at overcoming challenging consumer demand in key market segments.
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Michelle Cliffe: Rethinking paper, packaging and sustainability in outdoor retail
The Outdoor Industry Compass interviewed Michelle Cliffe from Canopy on paper’s environmental impact, sustainable alternatives and how brands can help protect ancient forests.
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Solo Brands reports Q3 losses, reaffirms FY24 outlook
The outdoor lifestyle brand reports mixed quarterly results, but it maintains its revenue projections for the year.
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Canada Goose Q2 profit rises despite revenue decline
The quarter saw a 30% drop in operating income amid declining wholesale and DTC sales, but a tax recovery lifted profitability by 54% to C$6.3M.
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Yeti makes progress with supply chain diversification as Q3 sales jump 10%
The outdoor company diversifies production, opens a new facility and reports 10% sales growth in Q3, driven by strong drinkware and cooler sales across all channels.
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World of Freesports is giving extreme sports a stage at ISPO Munich
An action sports channel hosts athletes and industry experts at the World of Freesports congress, exploring media strategies and sports visibility.
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Bike24 sees modest Q3 growth, maintains 2024 forecast
The e-tailer posted 2.9% Q3 revenue growth, driven by strong bike sales and strategic pricing, while focusing on profitability in a challenging market.
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Klättermusen opens first Paris store
The Swedish outdoor brand launches its first French store, offering sustainable, high-performance gear for urban and mountain explorers.
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Accell Group secures creditor support for recapitalization
The company’s creditors approved the restructuring plan, paving the way for recapitalization implementation.
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RVRC sees sales growth accelerate at end of Q1 hit by warm weather
Sales growth picked up for Revolution Race, with gains in key regions despite a modest quarterly increase and challenges in Nordic markets.
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USWE reports improved earnings in Q2 despite sales challenges
The Swedish hydration gear specialist shows resilience with improved Ebitda and expanded distribution network despite slight revenue decline.
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Páramo brings sustainable rainwear to the US via DTC
The British brand, known for its sustainability and durability, is set to expand into the US market with direct-to-consumer sales.