All Coronavirus articles – Page 18
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News briefs
Austrian Alpine Forum streamed digitally on Nov. 14-15
Because the annual Alpinmesse (Alpine Fair) in Innsbruck, Europe’s largest mountain sports fair for end consumers, had to be canceled due to Covid-19, the organizer, the Austrian Board of Trustees for Alpine Safety, has prepared a wide range of content for a YouTube stream on Nov. 13 and 14. During ...
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News briefs
Regional government refunds Moncler’s unused donation
The government of the Italian region of Lombardy has returned €10 million donated last March during the first Covid-19 wave by the outdoor brand Moncler to support the construction of a hospital on the site of the former Milan Fair. During the summer, Moncler was informed by the regional government ...
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Black Diamond sales improve but remain below last year
Clarus Corp reported third-quarter sales for Black Diamond (BD), the group’s biggest brand, that bounced back from the second quarter, when revenues were hit by store closures in Europe and America. However, BD still posted an 8 percent decline in revenues compared with the third quarter of 2019, primarily due ...
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Interview Ischgl: “We have learned a lot”
The past winter did not necessarily end pleasantly for the Austrian ski resort of Ischgl, which was previously known primarily for après-ski and mega concerts in addition to its ski slopes. In spring, when the novel coronavirus had finally found its way to Europe, Ischgl became something like the European ...
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Canadian Tire’s retail business grows in Q3 thanks to online, Helly Hansen recovers
Sales of Helly Hansen, the Norwegian manufacturer of outdoor apparel and workwear, which has been owned by Canadian Tire since 2018, decreased in Q3 by 3 percent from 159.5 million to 155.4 million Canadian dollars, a strong sequential improvement after the 21 percent decline in the second quarter. At constant ...
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Canada Goose posts unexpected profit
Thanks to strong demand from China, Canada Goose posted an unexpected profit in the second fiscal quarter. After posting heavy losses in the first quarter, it has now returned to profits with a net income of 10.4 million Canadian dollars (€6.7-$8.0m) for the three months of its second quarter ...
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News briefs
Record quarter for Polygiene
Polygiene reported its “best quarter ever,” with sales rising by 11.7 percent to 22.9 million Swedish kronor (€2.27m - $2.63m) and the gross margin rising by 0.5 percentage points to 70.4 percent. The results led to a financial turnaround for the Swedish ingredient brand company, which posted an operating profit ...
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News briefs
Freeride World Tour stops in Japan and Canada canceled
Due to the latest travel restrictions as a result of the Covid-19 pandemic, the Freeride World Tour (FWT), in coordination with local organizers, has decided to cancel the events planned for FWT 2021 in Japan and Canada. The FWT is currently negotiating with several ski resorts in Europe to find ...
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News briefs
Pandemic spoils German consumer sentiment
A monthly survey by the German Retail Association (HDE) indicates a deterioration in German consumer sentiment in November. Following the recovery process after the first corona lockdown, so the index is falling for the first time in six months. Consumers are worried by the rising number of infections and growing ...
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News briefs
Sunnto starts global Street Art Runs to combine culture and sport during pandemic
Suunto’s user data confirms that the community of runners and cyclists has increased significantly in recent months during the Corona pandemic – another reason to escape the crowded parks and common routes and leave familiar paths behind. Since many cities are full of artworks by well-known artists that are easily ...
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Hoka One One helps Deckers Brands grow in Q2
Deckers Brands showed growth in its second financial quarter ending June 30, mainly due to the very good results of Hoka One One. Despite headwinds from Covid-19, the group’s sales progressed by 15.0 percent from the same period last year to reach a new quarterly record of $623.5 million, ...
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News briefs
IWA OutdoorClassics goes consumer with a new name
After this year’s Covid-19-related cancellation, the end consumer event of the IWA OutdoorClassics will take place June 25-27 under the new name Hubana 2021 - Jagderlebnistage Schloss Lembeck (”hunting experience days”) at the castle of Lembeck in North Rhine-Westphalia, Germany. The event is organized by the IWA OutdoorClassics team and ...
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Bike boom boosts Shimano's earnings
Shimano’s sales for the first nine months of the year were down by 2.0 percent from the year-ago period to 264,174 million yen (€2.16bn-$2.53bn), hampered by lockdowns around the world in response to Covid-19. However, sales started to improve during the second quarter due to the soaring popularity of cycling ...
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Unifi reports improved demand in Q1 as recycled fibers find favor
Recycled and synthetic textiles maker Unifi has reported better-than-expected results in the first quarter of fiscal 2021 driven by strong performances from its Brazilian and Asian operations and noted growing demand for its Repreve recycled fiber. The company said net income for the three months to Sept. 27 was $3.4 ...
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Analyis: The coronavirus cycling boom – how are brands keeping momentum going?
All over Europe cycling boomed during lockdowns as gyms and swimming pools were temporarily shuttered and group sports were banned. As winter moved into spring and then summer, and full quarantines were relaxed in some areas, people emerged from their homes and took to their bikes as a means of exercise or commuting, encouraged by World Health Organization advice to consider cycling instead of taking public transport for essential journeys.
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News briefs
AliExpress: Demand for outdoor goods is soaring in Russia
The demand for outdoor goods, including tents and sleeping bags, has grown significantly in Russia over the past summer, according to AliExpress, an online retail platform that enables small businesses to offer products to online shoppers internationally. “During spring and summer, we have seen a soaring demand for goods ...
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News briefs
Russian retailers experience a soaring demand for e-bikes and mountain bikes
During the Covid-19 pandemic, the demand for e-bikes in Russia has nearly doubled, while mountain bikes maintained their popularity, Electra Bicycle Company Russia & China, the exclusive distributor of Electra bikes in Russia, estimated. ”This year, due to warm weather, the bike season in Russia has begun exceptionally early – ...
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Surge in healthcare sales during pandemic boosts 3M results
A surge in demand for healthcare and home improvement products has helped the consumer conglomerate 3M post better-than-expected third-quarter earnings, as hospitals stock up on protective equipment and workers forced to stay at home buy more DIY materials. Total sales rose 4.5 percent to $8.35 billion, above a consensus of ...
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Ispo Munich Online to focus on digitization, health, sustainability
As reported earlier, Messe München has announced that Ispo Munich 2021, originally scheduled for Jan. 31 - Feb. 03, will be held entirely digital from Feb. 1 - 5 due to the current developments of the Covid-19 pandemic. Ispo Munich Online, the new all-digital format, will build up on the ...
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News briefs
Breaking News: Ispo Munich 2021 will be digital only
Messe München has announced today that Ispo Munich 2021, originally scheduled for Jan. 31 - Feb. 03, will be held entirely digital from Feb. 1 - 5. “As a digital edition,“ the ispo.com website says, “Ispo Munich Online offers the proven advantages of the trade show and enables additional benefits: ...