The latest financial results from the key players in the outdoor industry.
Emerald revenue rises 16% in 2025
The organizer behind Outdoor Retailer and Surf Expo reported higher revenue and EBITDA in 2025 but posted a net loss.
Giant Group revenue declines 15.5% in 2025
The Taiwanese bicycle manufacturer reported lower annual sales, though margins improved and OEM business showed signs of recovery.
Rapala VMC sales rise, profit turns negative
The Finnish fishing tackle group increased sales and comparable profit, but reported a net loss on translation-related ite
Tecnica Group revenue rises to €541m
Growth in footwear and equipment helped the Italian outdoor group increase revenue despite a challenging global environment.
GoPro narrows 2025 loss as cost cuts offset weaker camera demand
GoPro cut its 2025 net loss sharply despite lower camera sales, supported by reduced operating expenses, stable subscription revenue and improved cash flow from operations.
Clarus narrows loss as Black Diamond stabilizes, Adventure lags
Clarus reported lower 2025 sales and another year of impairments, but its Outdoor segment showed improving resilience as Black Diamond’s simplification strategy gained traction.
Coats sees OrthoLite as key footwear growth driver after 2025 acquisition
Coats delivered resilient 2025 results and is looking to OrthoLite to outperform the footwear market in 2026, supported by innovation, synergies and strong cash generation.
On posts record sales above CHF 3bn in 2025 as DTC and APAC drive growth
On Holding delivered record revenue and margin expansion in 2025, supported by strong DTC momentum and rapid growth in the Asia-Pacific region.







