All Camping articles – Page 12
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ArticleThule Group coped not too badly with challenging FY
Swedish Thule Group AB ended the challenging financial year with a year-on-year decline in sales of 9.9 percent to total sales of 9.13 billion Swedish kronor (€804.71 million), an operating result of SEK 1.51 billion (€133.08m, -11.8 percent) and a net profit decline of 13.8 percent to SEK 1.10 billion ...
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News briefsNewell Brands’ Outdoor & Rec segment needs a turnaround
Newell Brands Outdoor & Recreation segment that includes Coleman, CampingGaz, and Marmot is the company’s business unit “in most need of a turnaround,” President and CEO Chris Peterson told analysts as the Atlanta company reported Q4 and FY23 results. The Outdoor & Rec business, which has a new marketing ...
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News briefsSolo Brands with executive additions
Texas-based Solo Brands, Inc., the parent company of the Solo Stove, Chubbies, Oru Kayak, Isle and Icy Breeze brands, announced two leadership appointments: Laura Coffey as Chief Financial Officer and Michael McGoohan to the newly created position of Chief Growth Officer and Executive Vice President, effective immediately. Coffey will lead ...
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ArticleSea to Summit acquires Cirdan, bolsters presence in Scandinavia
Australian adventure brand Sea to Summit Pty Ltd has announced the acquisition of Cirdan AS, its current distribution partner in Norway, Sweden and Finland, effective Feb. 1, 2024. Cirdan has a head office in Lorenskog, Norway, a sales office in Stockholm, Sweden, and an agent office in Helsinki, Finland and ...
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News briefsJohnson Outdoors reports soft Q1 on low demand
High retail inventory levels and soft consumer demand contributed to poor Q1 results at Johnson Outdoors. Operating profit slid 99 percent to $46,000 from $5.5 million, and net income was down by 33 percent to nearly $4.0 million from $5.9 million. The group was able to improve overall gross margin ...
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News briefsNemo partners with Out&Back Outdoor for resale in the USA
With the expansion of its Endless Promise Collection in 2024, which focuses on creating gear that can be repaired, resold and ultimately recycled when it has completed its last adventure, US-based outdoor gear and accessories brand Nemo has partnered with Denver-based Out&Back Outdoor to provide US consumers with an easy ...
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ArticleDometic posts improved profitability, lower Q4 sales
In a seasonally weak quarter where most retail customers worked to get their inventory levels in line, Dometic reported an 89 percent increase in net income to 51 Swedish kroner (€4.5m) despite a 13.7 percent drop in revenues to SEK 5,327 million (€471.7m). The Q4 operating profit dipped 1.5 percent ...
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ArticleYeti acquires Mystery Ranch
Texas-based outdoor company Yeti Holdings, Inc., maker of coolers, hydration solutions and bags, has signed an agreement to acquire Montana-based backpack specialist Mystery Ranch. “[Mystery Ranch’s] ethos, passion and people not only align with the Yeti team, but also connect well with our commitment to innovation and our customers,” commented ...
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News briefsIgloo expands into the active cooler category
Igloo announced the launch of its ICF Series, a collection of iceless electric compressor coolers, marking the company’s official expansion into the active cooler category. Released in five sizes with a wide temperature control range, the new collection is available now in the US at igloocoolers.com/icf and select global retailers. ...
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News briefsCourt approves reorganization plan for Swedemount Sportswear & Fashion
On Jan. 26, 2024, the District Court of Gothenburg decided to approve the reorganization plan for Swedemount Sportswear & Fashion AB. The majority of the company’s suppliers and creditor groups voted in favor of approving the restructuring plan. “We look forward to further expanding our cooperation in the future,” said ...
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News briefsInternetstores at risk
The website Exciting Commerce reported that no investor has been found for Internetstores GmbH, a former subsidiary of the online sporting goods retailer Signa Sports United (SSU), which is also insolvent. Internetstores includes more than 32 web stores for bicycles, bicycle accessories, sporting and outdoor products, including Addnature, Bikester, Brügelmann, ...
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OpinionRecap: The British Snowsports trade show Slide/OTS Winter
Telford hosted the British Snowsports trade show Slide/OTS Winter again, but this time with MCS (who provide the back-office services for the Outdoor Industries Association) in the organizer role. Imagine a smaller version of ISPO – but with the snow, brands included and a lower price for being there. A ...
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ArticleNew Head of Finance at Vaude
Melissa Wach is the latest member of Vaude’s management board. She joined the company in December and is responsible for the finance department. Wach has taken over the role of CFO from Erwin Gutensohn, who has retired. He successfully shaped financial management at Vaude for over 30 years and laid ...
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ArticleEquip Outdoor appoints new CEO
Source: Equip Outdoor Technologies Richard Leedham Equip Outdoor Technologies UK Ltd., the parent company of Rab and Lowe Alpine, has announced the appointment of Richard Leedham as CEO after the company’s owner, Matt Gowar, announced he will step down from the position of CEO in November 2023 ...
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News briefsJack Wolfskin makes its debut at Pitti Uomo
Source: Jack Wolfskin Jack Wolfskin’s SS24 Light Hiking collection for men German outdoor company Jack Wolfskin showcased its technical and lifestyle ranges at the latest edition of Pitti Immagine Uomo, which took place at the Fortezza da Basso in Florence on Jan. 9-12. Pitti Uomo, held twice ...
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ArticleSolo Brands updates FY 2023 guidance, announces leadership change
Solo Brands, Inc., the parent company of the Solo Stove, Chubbies, Oru Kayak, Isle and Icy Breeze brands, announced the appointment of Christopher T. Metz as its new President, Chief Executive Officer and Director of the Board, effective Jan. 15, 2024. Metz succeeds John Merris, who will be stepping down ...
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News briefsNewell restructures again
Newell Brands, the parent of Marmot, Coleman, Contigo and other outdoor brands, will spend up to $90 million as part of a renewed reorganization that will cut about 7 percent of its office jobs, with most of the costs and reductions occurring by the end of the year. The reorganization ...
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ArticleOsprey sales strong for Helen of Troy
Osprey sales grew in Great Britain, Germany, and France during Q3, driven by strong travel demand and a “robust product line-up.” Helen of Troy executives said the outdoor brand, which introduced a redesigned Sojourn travel series last fall, continues to exceed its expectations. Meanwhile, the parent continued to see consumer ...
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ArticleArc’teryx obtains injunction against Adidas over Vancouver store, alleged risk of confusion
Arc’teryx obtains injunction against Adidas over Vancouver store and alleged risk of confusion
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News briefsLawton takes over as CFO of Thule Group
Source: Thule Toby Lawton As already announced in July 2023, Toby Lawton took over the role of CFO of the Swedish Thule Group with the start of 2024. He succeeds Jonas Lindqvist. Lawton was most recently CFO at the Swedish textile recycling company Renewcell. At Renewcell, former ...
