All Coronavirus articles – Page 2
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News briefs
Shopify expects sales to decline when the pandemic ends
While the majority is hoping that the Covid-19 pandemic will have less and less of an impact on our daily lives in the coming months, that very prospect is apparently dampening expectations for annual revenue at e-commerce platform Shopify, according to online service t3n. The company is forecasting a decline ...
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Article
Haglöfs reports record year
Haglöfs has announced – without releasing figures – that it achieved strong sales and record profits in 2021. The company attributes the positive performance to continuous improvements in its brand experience, products, and distribution channel mix. Haglöfs has also raised the bar for its sustainability work with an ambitious new ...
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News briefs
IWA Outdoor Classics 2022 is on track for next show in early March
The IWA OutdoorClassics 2022, the international trade show for hunting, shooting sports, outdoor activities and security held in Germany, is preparing for its first event since the start of the Covid-19 pandemic. According to the organizing NürnbergMesse, IWA will be held from March 3 to 6, 2022, as planned. Roughly ...
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News briefs
La Sportiva posts 28% sales increase despite Covid-19 uncertainty
La Sportiva has seen its revenues jump by 28 percent in 2021 and anticipates another 10-15 percent increase in 2022. The positive performance, which widely exceeded the company’s expectations, was primarily attributed to investments in advanced technologies and digitalization. To thank its staff for the outstanding result, the company’s board ...
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Article
Johnson Outdoors sees strong orders, Q1 sales slip amid supply chain disruptions
Johnson Outdoors, the owner of the Jetboil and Eureka brands, amongst others, saw sales decrease in the first quarter of its financial year as supply chain disruptions made it difficult to keep up with demand for outdoor recreation products. Total company sales in the three months to Dec. 31 declined ...
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News briefs
U.S. outdoor brand Nemo keeps growing, plans new hires in 2022
Nemo, a New Hampshire-based outdoor camping gear company, says it has nearly doubled its team in the past two years despite the pandemic and plans to add six positions in 2022. The brand is approaching its 20th anniversary and sees the steady growth not only as a positive indicator of ...
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News briefs
Travel and leisure show f.re.e in Munich canceled
Messe München, organizer of the travel and leisure show f.re.e, and the organizers of the Munich Auto Days, which are usually held simultaneously, have decided in consultation with the industry to cancel the events scheduled for Feb. 16-20, 2022. Messe München had held on to the event until the end, ...
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Article
Emerald releases first report on the North American B2B events industry for 2022
Emerald Holding, the New York-based organizer of Outdoor Retailer (OR) trade shows, among others, has released its first research report reflecting the changing expectations that are influencing and shaping the future of the business-to-business (B2B) events industry. The report will be published annually in the future, Emerald said. ...
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Review: Slide/OTS Winter trade show 2022
The British Snowsport Tradeshow happened in central England last week, on the Welsh border, to allow relatively easy travel for everyone to reach the event. Building on previous events, the exhibition had also combined with the Outdoor Industry Association (OIA), so those outdoor brands had a chance to demonstrate their ...
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News briefs
Outdoor Retailer Snow Show to take place despite Omicron
Outdoor Retailer (OR) has announced that its upcoming Snow Show will be held as planned on Jan. 26-28 at the Colorado Convention Center in Denver despite the rising Omicron infection numbers. According to OR, more than 400 exhibitors, top retailers, U.S. and global media and industry leaders will be attending ...
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News briefs
Munich Fabric Start canceled
The organizers of Munich Fabric Start (spring/summer 23), planned for Jan. 25-27, had to announce today the cancellation of the show at the MOC in Munich. A few days ago, the mood was still optimistic, but the change in plans is due to new rules and obstacles associated with the ...
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News briefs
GfK sees pandemic and inflation clouding consumer sentiment in Germany
According to the latest GfK consumer climate study, consumer sentiment in Germany cooled off noticeably in December. Both economic and income expectations and propensity to buy fell significantly. With the propensity to save also rising again, GfK forecasts a consumer climate of -6.8 points for January 2022, five points lower ...
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News briefs
Physical Munich Fabric Start and Bluezone on track to take place in January
The team at Munich Fabric Start Exhibitions GmbH says it has dedicated the last few weeks to finalize the upcoming Munich Fabric Start, Jan. 25-27, and Bluezone, Jan. 25-26, 2022. The new policies for safe events have been implemented, and the organizers are ready to welcome the industry to the ...
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News briefs
Polygiene redefines financial targets
The board of directors and the management of the Swedish ingredient brand Polygiene AB have set new financial targets for the 5-year period from 2022 to 2026. According to these, Polygiene should achieve net sales of more than SEK 1 billion (€98.6 million) and an EBIT margin of more than ...
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Article
Tourism-related sporting goods retailers in Austria see winter season at risk
In the 2020/2021 winter season, tourism-related sporting goods retailers in Austria recorded sales losses of up to 95 percent. A study by SpEA (SportsEconAustria) commissioned by the Federal Committee for Trade in Fashion and Leisure Articles in the Austrian Federal Economic Chamber (WKÖ) now shows that what was already feared ...
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News briefs
ISPO Beijing 2021 postponed
ISPO Group has announced that ISPO Beijing, which was scheduled to take place Dec. 28-30, 2021, at the China National Convention Center in Beijing, China, has had to be postponed at short notice in light of the still complex and serious pandemic situation at a national level and to implement ...
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News briefs
Arc’teryx commits to 80% Fair Trade-certified products by 2025
In light of the impact of the Covid-19 pandemic on the lives of factory workers who make Arc’teryx products, the Canadian brand has decided to work to improve the well-being and protection of some 7,000 people in 10 countries where the company manufactures. “They should be able to depend on ...
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Article
Excellent financial year enables Accell to repay government Covid credit facility
Based on its sales and profit growth in 2021, Netherlands-based Accell Group N.V. will fully repay its “Go-C” facility issued during the Covid-19 pandemic before the end of the year. In this context, the Dutch company has also converted its existing revolving credit facility (“RCF”) from seasonal to full-year availability. ...
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Article
Johnson Outdoors Q4 sales rise slightly over “unprecedented” 2020
Johnson Outdoors saw sales inch up slightly in the fourth quarter of its financial year, as demand for fishing, camping and water recreation products remained strong following “unprecedented” growth in the year-earlier and diving continued a recovery underway since the third quarter. Total company sales in the three months ended ...
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News briefs
German Retail Association calls for bold action from new federal government
On the occasion of the inauguration of the new German chancellor, Olaf Scholz, and the federal ministers on Dec. 8, the German Retail Association (HDE) has called on the new government to show courage and determination. The dynamic development of the Covid-19 pandemic calls for targeted and coordinated political action, ...