All Article articles – Page 3
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ArticleVista Outdoor operating income dips 12 percent in Q1
The group’s Q1 sales met expectations, but profits exceeded forecasts despite a 12% drop in operating income. Sales fell by 7.1%, yet gross margin improved.
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ArticleTNF parent records lower than expected sales decline in Q1
VF Corp. is especially optimistic about Vans’ recovery, led by EMEA’s wholesale success. The North Face sales dipped 2%.
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ArticleISPO Munich 2024: For the sports industry that loves every contact
Unlock the power of meaningful connections at ISPO Munich 2024. Exhibit in December in Munich.
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ArticleJohnson Outdoors’ results hurt by lower sales, promotional investments
The American outdoor equipment manufacturer reported an operating loss and an 89% drop in net profit for the third quarter, with sales down 7.8%.
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ArticlePolitical unrest in Bangladesh leads to setbacks for garment industry
Political turmoil has caused severe disruption in the country’s textile industry and jeopardizes the confidence of international buyers.
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ArticleUSWE reports marginal sales decline in Q1 amid logistical challenges
The Swedish company reports a challenging Q1 with a 2% drop in sales and logistics issues, but is now focusing on market expansion and improving profitability for future growth.
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ArticleAdam Arnold: Steering Nikwax and Páramo toward employee ownership and sustainable success
In our latest interview, Adam Arnold, CEO of Nikwax and Páramo, discusses steering the company towards employee ownership, navigating post-pandemic challenges, and championing sustainability. Learn about Arnold’s journey from a summer job to CEO and how he plans to achieve net zero emissions by 2040.
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ArticleFox Factory sales down, SSG sales increase mainly due to Marucci takeover
The suspension specialist’s Q2 results showed a 13% sales drop, driven by double-digit declines in PVG and AAG sales. However, SSG saw a 17.8% increase, mainly due to the Marucci Sports acquisition and a 52% rise in bicycle brand sales compared to Q1.
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ArticleClarus Q2 results hurt by weakness in EU wholesale, American consumer demand
The owner of Black Diamond and Pieps continued improvements in its Outdoor segment during the second phase of its three-year strategic plan despite facing challenges in North American consumer demand and European wholesale markets.
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ArticleCanada Goose: 4% sales growth in Q1 thanks to Asia-Pacific
Despite a challenging Q1 with a decline in wholesale, the company achieved overall sales growth of 4%, driven by strong demand in the Asia-Pacific region for its SS24 collection.
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ArticlePassenger takes old school bus on Made To Roam tour through UK
UK outdoor brand Passenger has transformed an old American school bus into a mobile home for their upcoming Made To Roam tour, offering bookable stays and unique festival appearances.
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ArticleCoDi with strong growth in Boa and PrimaLoft sales amid inventory recovery
Compass Diversified’s branded consumer brands saw significant revenue growth in Q2, driven by destocking recovery and strong European performance, despite setbacks from the Crosman airgun company divestiture in April.
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ArticleEuropean Week of Sport: IGOT, OUTO, FESI and EOG team up to repurpose unused equipment
As part of the European Week of Sport 2024 (Sept. 23-20), the It’s Great Out There Coalition, Opening Up The Outdoors, FESI and EOG are calling for companies to donate products to be handed out to clubs.
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ArticleUS Outdoor Industry Association releases 2024 Benchmarking Report
The report shows that the typical company had sales of $9.70 million and a pre-tax profit of 11.9%. The typical high-profit company’s revenue was approximately $6.77 million, profit 18.5%.
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ArticleGarmin adjusts FY guidance
Sales in the Outdoor segment fell by almost 2 percent due to lower sales of its adventure watches, but Garmin still achieved overall operating income growth of 20 percent with a 14 percent total revenue expansion.
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ArticleEarth Overshoot Day 2024: Yet another day earlier
In 2024, humanity’s demand for ecological resources and services will already exceed what the earth can regenerate on Aug. 1. This early date underlines the growing urgency to change our unsustainable consumer behavior.
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ArticleBicycle sales slump in Europe weighs on Shimano’s overall business
Announcing a 17.6% drop in total net sales in H1 2024, the world’s leading manufacturer of bicycle components blames macroeconomic turbulences in geopolitically tense times.
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ArticleVista to review strategic alternatives, shareholder meeting postponed
The Board of Directors of Vista Outdoor wants to examine strategic alternatives for the future of Revelyst and The Konetic Group – and is postponing the shareholders’ meeting once again.
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Article4 Sustaining Members celebrate 10 years with EOCA
EOG, Keen, Nikwax and Pertex have maintained their Sustaining Membership with the European Outdoor Conservation Association for the last 10 years.
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ArticleUS non-profit Camber Outdoors shuts down operations
The organization, founded in 1996 to support outdoor industry partners in implementing best practices in DEI in the workplace, will discontinue operations in August 2024.
