All Camping articles – Page 27
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ArticleYakima with new global organizational structure
Yakima, a manufacturer of transportation and equipment management solutions headquartered in Oregon, USA, has announced that Ryan Martin, current CEO of the Americas region, will expand his responsibilities to also drive strategic direction and growth in Australasia (Australia, New Zealand and the adjacent Pacific Islands) and EMEA (Europe, Middle East ...
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ArticleClarus misses sales, earnings targets on currency effects, freight costs
Clarus Corp. reported an operating income of $6.1 million against a loss of $282,000 in the third quarter despite missing revenue and earnings per share projections. In reporting a 39 percent decline in net profit to $2.75 million from $4.53 million, the group said higher freight costs lowered its profitability ...
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ArticleVista Outdoor shares take hit after guidance lowered
Jason Vanderbrink, president of Vista Outdoor’s sporting products division, told analysts, “We are bullish on the outdoor industry despite near-term macroeconomic conditions that have eroded consumer confidence and pressured performance across the (U.S.) economy. We always understood that the elevated purchase patterns of the last two-and-a-half years would normalize.” ...
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News briefsOutdoor recreation sales slip at Newell Brands
Newell Brands, the parent of CampingGaz, Coleman, Marmot, and Ex-Officio, has reported a 26.0 percent decline in its outdoor & recreation segment sales to $289 million from $391 million for the period ended Sept. 30. An 18.4-percent drop in core sales, unfavorable foreign exchange and exits from certain low-margin categories ...
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ArticleSlumping bike product sales cause double-digit sales decline at Thule Group in Q3
More expensive raw materials, higher freight costs, unfavorable exchange rates, etc. – initially, Thule Group AB was still somehow able to offset the effects of the Russian invasion of Ukraine with price increases and efficiency measures. But even then, the Swedish company explicitly referred to the unstable market situation in ...
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ArticleRegatta Group strengthens leadership team
U.K.-based Regatta Group, the parent company of the Regatta, Craghoppers and Dare2b brands, has announced two new senior leadership positions. Dr. Orla Flynn started her role as the new chief operating officer in October, replacing longtime employee David Holt, who will retire next summer and no longer serve on the ...
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News briefsGerman RV P2P portal Paulcamper sold to Australia for €31 million
Berlin-based startup Paulcamper has sold its entire stake. The new owner is the listed company Camplify from Australia, which was founded in 2015. Camplify is one of Australia’s leading peer-to-peer (P2P) platforms that connects owners of campervans or RVs with renters, which is the same business model that Paulcamper operates. ...
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ArticleVista Outdoor’s CFO to leave the company
Vista Outdoor announced that Sudhanshu Priyadarshi, the company’s CFO, has decided to pursue another opportunity after two and a half years in his role and will step down from his position in November. Priyadarshi will continue to perform his duties until his departure, including the release of the company’s second ...
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ArticleSnow Peak USA announces new leadership structure
Snow Peak, the outdoor gear and apparel company originally from Japan and currently distributed in Asia, the U.S. and the U.K., has reorganized its leadership structure in the U.S. While the brand continues to grow in the territory – more than tripling its sales over the past four years – ...
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ArticleThule again comments on the current market situation in the bicycle industry
In mid-September, Thule Group provided a trading update regarding the negative impact of the current market situation in the bicycle retail industry. High inventories of bicycles and bike accessories at retailers in Europe and North America were expected to negatively impact Thule Group’s sales and profitability until the next bike ...
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News briefsHelinox moves to more recycled parts and repair/replacement options
Source: Helinox Helinox frames are made using DAC’s Green Anodization process Outdoor furniture brand Helinox will move over 90 percent of its fabrics in seats, cases and accessories to recycled polyester raw materials and also switch to CO and PFC-free DWR coatings for the 2023 collections. As ...
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News briefsPrimus offers new tools for coffee and cooking with new Feed Zone collection
Primus, the Swedish cooking accessories brand, is equipping cyclists (and outdoorers) with everything they need to cook high-quality meals with its new Feed Zone collection. Highlights include a compact stove, a coffee and tea press, and a double-walled steel mug. The entire Feed Zone system stores in a roll-top bag ...
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News briefsPrimaLoft® Insulation Rise used by around 50 brands worldwide
PrimaLoft’s alternative to natural down, PrimaLoft® Insulation Rise, which was first introduced in 2020, has quickly become one of the fastest-growing products in the company’s portfolio. It offers increased thermal performance, style and versatility, according to the company. PrimaLoft Rise’s construction allows the insulation to meet a variety of weights ...
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News briefsYeti is looking for a new CFO
Paul Carbone, Yeti’s chief financial officer, is stepping down at the end of October. Carbone will be taking a new job in Boston to be closer to his family. “Paul has made an indelible contribution to the organization during his tenure and was instrumental in guiding Yeti through our initial ...
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News briefsHelinox hires senior director of e-commerce, senior art director
Nelson Garcia and Ezra Shaffer are joining the global Helinox team and will be working out of the brand’s North American headquarters, in Berkeley, California. Shaffer is responsible for building up the brand’s online business as senior director of e-commerce, bringing his experience in management from Timbuk2, Giro Sport Design, ...
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News briefsNewell Brand’s bond offering receives Ba1 rating from Moody’s
After a negative outlook from S&P Global for Newell Brands, the parent company of outdoor and recreation brands CampingGaz, Coleman, Marmot and others, Moody’s rating was much more favorable: The new senior unsecured bonds received a Ba1 rating, and the outlook for the company remained positive. The rating agency expects ...
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News briefsEquip gains Fair Wear leader status after two years of membership
The Fair Wear brand performance check published in August 2022 sees Equip Outdoor Technologies with its brands Rab and Lowe Alpine progressing in Fair Wear’s performance requirements regarding social responsibility along their supply chains. The U.K. company that has been a member of Fair Wear since 2020 has achieved the ...
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News briefsNewell Brands drops FY22 outlook
Newell Brands has revised its full-year revenue, operating margin and cash flow forecasts due to “a more challenging than anticipated operating and consumer backdrop.” The Atlanta-based company and parent to eight brands in its outdoor & recreation segment, including CampingGaz, Coleman, Marmot and Ex-Officio, has reduced its FY22 revenue outlook ...
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News briefsStefan Glowacz among new additions to Deuter Alpine Family
The “Alpine Family” of the German backpack and sleeping bag specialist Deuter already consists of many experienced climbers and mountain athletes such as Gerlinde Kaltenbrunner, Fabian Buhl, Melissa Le Nevé or Patxi Usobiaga, who also support the brand with their expertise in product development. Now the Alpine Family is growing ...
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News briefsNaturkompaniet starts rental service of hiking equipment
Naturkompaniet has introduced hiking equipment rental in all 39 Naturkompaniet stores in Sweden and Norway. The range includes tents, backpacks, stoves, outdoor kitchens and sleeping bags from leading brands such as Fjällräven, Hilleberg, Primus and Marmot. “Renting quality gear is a great way for us to give more people the ...
