All Camping articles – Page 6
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News briefsSolo Brands reiterates FY guidances; Q3 net bolstered by tax benefit
Solo Brands, helped by a nearly $6.2 million tax benefit, reported net income of $4.1 million versus a loss of $2.2 million in Q3 ended Sep. 30. The operating loss for the period improved by 60 percent to a loss of $1,325,000 versus $3,285,000 in the year-ago period. A mix ...
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News briefsCraghoppers partners with British conservation charity
British outdoor clothing brand Craghoppers has collaborated with the independent conservation charity, the National Trust, to create a sustainable clothing collection launching in AW24. Inspired by the countryside under the National Trust’s care across England, Wales and Northern Ireland, the collection’s color palettes are designed to reflect a crisp autumn, ...
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News briefsVaude receives Reuters Business Transformation Award
German outdoor outfitter Vaude has won the internationally coveted Business Transformation Award 2023, which honors the world’s best companies committed to sustainability. Hilke Patzwall, Vaude Sustainability Manager, and Jan Lorch, Vaude Managing Director Sales & CSR, accepted the award in London on Nov. 1. They made the long journey from ...
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ArticleSSU: What has happened so far – and what may still come
In a joint statement, the two insolvency administrators appointed, Dr. Christian Gerloff from the Munich law firm Gerloff-Liebler Rechtsanwälte and Stefan Meyer from Ulm-based Pluta Rechtsanwalts GmbH, point out that the operational business of the two insolvent Signa Sports United (SSU) spin-offs Tennis-Point GmbH and Internetstores GmbH (alias Internetstores Group, ...
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ArticleVista Outdoor will prioritize debt reduction ahead of vote on Sporting Products divestiture
Vista Outdoor, which agreed in mid-October to sell its Sporting Products business to Czechoslovak Group a.s. (CSG) for an enterprise value of $1.91 billion, says it will continue to prioritize debt reduction ahead of a vote by shareholders to approve the sale. The company finished Q2 on Sept. 24 with ...
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News briefsNewell Brands reports quarterly loss for Outdoor & Rec business
The third quarter operating loss in Newell Brands’ Outdoor & Recreation segment, which includes Coleman and CampingGaz, was $42 million against a profit of $6 million for the three months ended Sept. 30. The results include a non-cash impairment charge of $22 million. The normalized operating loss was $7 million ...
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ArticleThule gets Q3 boost from bike-related sales in Europe
Sales increased by 8.0 percent to 2,311 million Swedish kroner (€196.0m) for the three months ended Sep. 30 but were up only 0.8 percent on a constant-currency basis. Operating income rose by 86 percent year-over-year to SEK 359 million (€30.4m) as the company’s new CEO and President Mattias Ankarberg took ...
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News briefsOrtlieb has a new solution for reducing waste
To reduce off-cut waste, German company Ortlieb is now expanding what it has called a successful pilot project. Its Care-Bags – unique shoulder bags made from outdoor or cycling bags with errors in the production process that would otherwise have been discarded – are now available from the brand’s website ...
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News briefsSolo Brands announces CFO change
Solo Brands, Inc., the owner of the Solo Stove, Chubbies, Oru Kayak, Isle and Icy Breeze brands, announced that Somer Webb, Chief Financial Officer, has notified the company of her intent to pursue other opportunities. Webb will remain with the company until Dec. 10, 2023. She started her position at ...
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ArticleDeuter receives “Green Button 2.0” certification
Among other measures, backpack and sleeping bag expert Deuter from Germany has been effectively and sustainably implementing the environmental and social standards of the “Grüner Knopf” (Green Button) directly and along the value chains since 2021 as part of its responsible business practices. Now, the company has gone through another ...
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News briefsInternetstores GmbH files for insolvency
Stuttgart-based Internetstores GmbH, which includes the bike and outdoor online shops Fahrrad.de, Bikester, Campz and Addnature, filed for insolvency at the Stuttgart District Court on Monday afternoon. The company is part of Signa Sports United (SSU), the sporting goods division of the Signa Group founded by Austrian investor René Benko. ...
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News briefsVista Outdoor appoints General Counsel for Revelyst
Source: Vista Outdoor Jung Choi Vista Outdoor announced that Jung Choi will serve as General Counsel and Corporate Secretary for Revelyst following the planned spin-off of Vista’s Outdoor Products segment into a separate public company. Her appointment will be effective Oct. 23. Until the spin-off is completed, ...
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News briefsVista Outdoor announces CFO for Revelyst
Source: Vista Outdoor Andy Keegan Previously considered a plan, it’s now official: Andy Keegan, currently Vista Outdoor’s vice president and interim CFO, will serve as Revelyst’s CFO following the planned spin-off of Vista Outdoor’s Outdoor Products segment into a separate public company. Keegan will continue to serve ...
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News briefsNew Chairman of the Board at Sea to Summit
Australian adventure gear brand Sea to Summit has appointed Wayne England as its new Board Chair. England is an accomplished executive with a distinguished career in the consumer products industry. Throughout his career, Wayne has held several executive and non-executive positions in leading multinational consumer goods companies, most notably Nestlé. ...
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News briefsRumpl hires new VP Global Brand Marketing
Source: Rumpl Josh Weichhand US outdoor blanket brand Rumpl, founded in 2014, has hired brand and marketing expert Josh Weichhand as Vice President, Global Brand Marketing. Weichhand will lead and oversee Rumpl’s marketing, brand strategy, e-commerce, creative and international efforts. He brings more than a decade of ...
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News briefsJohnson Outdoors to focus on Jetboil brand in camping segment
Johnson Outdoors Inc., the US outdoor recreation equipment and technology provider, announced that it is exiting its Eureka product lines. The product lines will be available for sale as it winds down operations and plans on fulfilling all customer requirements through the end of 2024. “After careful and thoughtful consideration, ...
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ArticleLargest SSU shareholder cancels equity commitment
Shortly after deciding to delist from the NYSE, Signa Sports United (SSU) announced that it had received a termination notice regarding the unconditional equity commitment letter from Signa Holding GmbH, a privately held Austrian real estate and retail company and a subsidiary of the company’s largest shareholder, Munich-based Signa International ...
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ArticleVista Outdoor divests Sporting Products business for $1.91bn
Vista Outdoor has agreed to sell its Sporting Products business to Czechoslovak Group a.s. (CSG) for an enterprise value of $1.91 billion. The transaction is subject to customary closing conditions. This transaction is the next step in Vista Outdoor’s plan to split the business into separate entities, previously announced on ...
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News briefsClarus acquires another Australian overlanding brand
Clarus Corporation, the parent company of Black Diamond, Rhino-Rack, Maxtrax, Sierra and Barnes, has invested in another company in the vehicle-based outdoor adventure / overlanding sector. The Utah-based company today announced the acquisition of Australia-based TRED Outdoors Pty Ltd. from Venlo Holdings. TRED is a fast-growing outdoor adventure brand that ...
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ArticleVista Outdoor unveils name for outdoor products segment
Having already announced the new name of its Sporting Products segment (The Kinetic Group) last August, Vista Outdoor Inc. has now revealed the name and identity of its Outdoor Products segment following the planned separation of the group: Revelyst, Inc. The new Outdoor Products company will trade on the New ...
