Camping
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News briefs
Solo Brands hurt by lower DTC traffic in Q1
Solo Brands reported an operating loss of $6.4 million against a profit of $3.2 million for the period ended March 31. Adjusted Ebitda tumbled 72 percent to $4.3 million as gross margin sunk by 250 basis points to 59.2 percent on a shift in channel mix to the lower gross ...
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Article
Quarterly loss widens at Clarus
Despite the wider operating loss and slightly lower overall sales, Clarus, the parent of Black Diamond, Pieps, Rhino-Rack, Maxtrax and Tred Outdoors, saw sales momentum in its Adventure segment and operational improvement within the Outdoor segment. The period ending March 31 marked the first phase of the group’s three-year strategic ...
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Article
Johnson Outdoors suffers Q2 operating loss
Each of Johnson Outdoors’s four segments reported a double-digit sales decline for the period ended March 29, and two, Watercraft Recreation and Diving, had a quarterly operating loss. The group’s aggregate Q2 operating loss was $253,000 against a profit of nearly $11.4 million in the year-ago period. Ebit slipped by ...
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News briefs
Dometic awning production returns to Indiana
After moving its manufacturing operations from its Elkhart, Indiana, facility to other locations in North and South America in early 2022, Dometic has now announced that it is bringing production and distribution back to the site. Awning production will resume in May at the plant on Industrial Parkway in Elkhart ...
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News briefs
Newell Brands broadens focus for Coleman
Still working to turn around the fortunes of its struggling Outdoor & Recreation segment, parent Newell Brands has made numerous changes to the business. These include installing a new segment leadership team and broadening Coleman’s focus to all outdoor activities instead of camping exclusively. Newell CEO Chris Peterson told analysts ...
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Thule’s Q1 results benefit from bicycle market recovery
In its Q4 report for 2023, transport system provider Thule Group AB stated that it was already experiencing “the first signs of an improvement in the tense market situation.” The first quarterly report of the current 2024 financial year proves that the Swedes were not mistaken: They have made a ...
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Article
Strong demand for travel packs should bolster Osprey sales in EMEA, APAC
Osprey parent Helen of Troy reported 5.4 percent Q4 sales growth for its Home and Outdoor segment to $223.3 million. Segment revenues were sparked by higher sales in the brick-and-mortar and club channels, higher insulated beverageware sales from its Hydro Flex business, and international growth led by strong demand for ...
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Nemo announces new and renewed partnerships
New Hampshire-based outdoor gear brand Nemo Equipment has announced its list of 2024 partners that closely align with the company values of innovation, community and sustainability. With an emphasis on access, inclusivity and conservation, the brand has renewed key partnerships and added new ones to get more folks outdoors and ...
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Article
Kith and Columbia Sportswear team up again - this time for camping gear
Source: Columbia x Kith After an outdoor lifestyle collection in 2022 and a fishing collection in 2023, Kith is continuing its partnership with Columbia Sportswear and presents the brand new Kith for Columbia 2024 collection – this time a comprehensive range of apparel, accessories and footwear designed ...
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Article
Samsonite aims for dual listing
Samsonite International S.A., the parent company of Gregory, High Sierra and a number of travel luggage brands, announced that the company’s Board of Directors has authorized management to seek a listing of the company’s shares on a second leading stock exchange in addition to the Hong Kong Stock Exchange. The ...
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News briefs
New CEO for Klean Kanteen
Think Better Group, in partnership with co-owners Michelle Kalberer and Jeff Creswell, has announced Gordon Smith as Klean Kanteen’s new CEO. Smith has been an integral member of the Klean Kanteen team, most recently as CFO/Head of Finance, and brings a wealth of knowledge of Klean Kanteen’s global operations. Before ...
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Article
Fjällräven recognized as Sweden’s most sustainable brand for fifth consecutive time
For the fifth time in a row, Fjällräven is perceived by Swedish consumers as the country’s most sustainable brand in the “Clothing and Fashion” category in the Sustainable Brand Index 2024. With the help of 80,000 consumers in eight countries, the Sustainable Brand Index measures and analyzes ...
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News briefs
The winners of the UK Outdoor Industry Awards 2023
The OIA has announced the winners of the UK Outdoor Industry Awards 2023, which were presented at the 2024 OIA Conference at Drayton Manor Resort, Tamworth. The awards process began at the Outdoor Trade Show (OTS) 2023, which took place in Liverpool in June. There, a panel of judges made ...
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News briefs
Solo Brands named to the World’s Most Innovative Companies of 2024 list
Solo Brands, the parent company of Solo Stove, Chubbies, Isle, Oru Kayak and IcyBreeze, has been named to Fast Company’s World’s Most Innovative Companies of 2024 list. Solo Brands was recognized as No. 2 in the Consumer Products category. The list shines a spotlight on companies that are shaping the ...
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News briefs
Ledlenser expands int'l HR management team
Source: Ledlenser Sandra Antony German flashlight and headlamp specialist Ledlenser has appointed Sandra Antony as its new Global Head of Human Resources. In her role, Antony will shape the company-wide strategy in the area of People and Culture, supported by her three-person team based in Solingen. As ...
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Article
Solo Brands reports Q4 loss on impairment charge
A goodwill charge of $249 million related to its Solo Stove, Oru and Isle businesses negatively impacted Solo Brands’ Q4 results. The operating loss was $240.8 million against an operating profit of $26.8 million for the three months ended Dec. 31. The Q4 net loss was $210.9 million against a ...
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News briefs
CamelBak and Grofa launch hybrid distribution model in Germany, Austria
The Petaluma, California-based specialist for hydration systems and water bottles CamelBak has announced that Grofa Actions Sports GmbH will be its new distribution partner for Germany and Austria from April 1, taking over from the brand’s previous partner, Hartje. With Giro, Bell and Blackburn, Grofa already represents other brands from ...
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News briefs
New CEO for knife maker Morakniv
Source: Morakniv Richard Jägrud Richard Jägrud, who has been CEO of Silva (Primus Silva Sweden AB) for the past seven years, has been appointed the new CEO of the Swedish company Morakniv AB, effective May 15, 2024. The previous CEO, Johan Burtus, left the company after three ...
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Article
Ethicamper: New 'fair' online store for outdoor enthusiasts and campers
Elisa Fuchs and Patrick Lenzbauer from Graz, Austria, have launched a sustainable, German-language online store for outdoor enthusiasts, called Ethicamper. Environmentally friendly materials, produced as locally as possible and in a resource-saving manner: “Ethicamper offers a carefully selected range of products and solutions for a better future,” ...
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Article
Snow Peak’s lofty FY24 goals will be chased as private company
Snow Peak, the upscale Japanese camping business, which went public a decade ago, will reportedly go private through a management-led buyout with Bain Capital as a partner in a deal valued at approximately ¥50 billion (€310m). The pending transaction was first reported several weeks ago by multiple outlets, including Mergermarket ...