All General Outdoor articles – Page 137
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News briefsColumbia appoints Tom Gyles as SVP, global distribution network
Columbia Sportswear has appointed Tom Gyles as its new Senior Vice President, Global Distribution Network. He will oversee North America and Europe wholesale, retail, and e-commerce company-owned distribution operations, which means an overall staff of 2,000 employees. He will also oversee the global third-party logistics network, strategy and operations. Gyles ...
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News briefsSpinnova receives R&D grant to develop waste-based fibers
Finnish biomaterials company Spinnova has received a grant of a maximum of €1.9 million for a product development project from Business Finland, a public organization under the Finnish Ministry of Employment and the Economy, for the period from April 15, 2023, to April 14, 2025. The product development project aims ...
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News briefsSGS partners with FibreTrace to develop fiber integrity protocol for the textile industry
Testing and certification company SGS has joined forces with FibreTrace, a cloud-based platform that traces and verifies fibers for each stage of the textile supply chain, to develop a new fiber integrity protocol for the textile industry. The partnership will support brands through the integration of audited pathways with cloud-based ...
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News briefsCanadian heated apparel brand expands to the U.S.
ewool, a Canadian brand specializing in heated apparel, has announced its entry into the U.S. market. ewool was founded to redefine the way people experience cold weather. The brand aims to change the perception of cold weather through the use of leading technologies. The company’s products provide warmth and comfort ...
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ArticleOutdoor Industry Climate Action Corps releases 2022 impact report
The U.S. Outdoor Industry Association (OIA) Climate Action Corps has released the latest data from its 2022 Impact Report, which summarizes the group’s goals, methodology, results and findings, as well as an assessment of the overall impact to date. The OIA Climate Action Corps was formed in January 2020 to ...
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News briefsViking Outdoor moves into kids apparel
The Norwegian brand Viking Outdoor Footwear is expanding into a new category. Launching in August, just in time for back-to-kindergarten, Viking Outdoor will release its first range of kids’ apparel A full range of baselayers, midlayers, outerlayers and accessories are in the pipeline. Outerlayers will include playsuits that are built ...
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News briefsRevolution Race posts strong FY, but profits decline
Swedish DTC outdoor company Revolution Race (RVRC) has released its fresh financial report for Q4 – the period between April 1 and June 30, 2023. According to the report, the industry up-and-comer’s net sales rose 14 percent to 362 million Swedish kroner (€30.3m), compared to SEK 318 million (€26.6m) in ...
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ArticleFirst rebrand of Vista Outdoor's segment separation announced
Following the separation of its Outdoor Products and Sporting Products segments into two new, independent publicly traded companies, Vista Outdoor is to be rebranded. The new name, logo and NYSE ticker of the Sporting Products segment were unveiled on Aug. 10, in an employee town hall in Lewiston, Idaho.
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News briefsDometic provides equipment for pole-to-pole climate change expedition
Dometic is to be an equipment partner to a father and son team, Geoff Wilson and Kitale Wilson, as they sail from the South Pole to the North Pole in order to promote climate change awareness. The expedition, “Project Zero,” will document in real time the status of some of ...
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News briefsAmerican gear and accessories brand latest to join EOG
US-based outdoor gear and accessories brand Nemo has joined the European Outdoor Group (EOG). According to the brand, the partnership aligns with Nemo’s goal of reducing negative environmental impacts and leveraging education and partnerships to further its mission of making adventure possible anywhere, for anyone, forever. “As Nemo continues to ...
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News briefsGerman arm of Nordisk has new MD
Nordisk Freizeit GmbH, the German arm of Nordisk Company, has a new Managing Director. Patrick Laquer is to replace Werner Blömer, who is to retire at the end of the year after leading Nordisk Freizeit GmbH since 2001. Blömer and Laquer will form a dual leadership until the end of ...
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News briefsMountain Warehouse triples the size of its store at Gloucester Quays
Mountain Warehouse, U.K.’s largest outdoor retailer, is to relocate from its existing store into a larger, 650-square-meter space at Gloucester Quays, an outlet shopping center in Gloucestershire, England. The retailer will relocate from its current store adjacent to Skechers to a bigger space next to Levi’s. The new store, which ...
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ArticleSolo Brands lifts Ebitda margin as Q2 wholesale revenues soar
Solo Brands lifted its annual Ebitda margin target after a strong rise in second-quarter earnings and wholesale revenues. The owner of four lifestyle brands said wholesale revenues increased 57 percent to $31.3 million in the three months to June 30, compared to $19.9 million a year ago. Direct-to-consumer sales fell ...
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ArticleInterest income and currency gains drive net profit in Garmin's Q2
Boosted by more than $29.6 million in interest income and gains on foreign currency, Garmin posted 11.7 percent net income growth to $287.9 million from $257.9 million. Without the two gains, the group’s profit would have been essentially flat for the period ended July 1. Second quarter operating income fell ...
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ArticleCoDi maintains guidance despite ongoing inventory headwinds
Net income from continuing operations in Compass Diversfied’s (CoDi) branded consumer companies related to sports, outdoor and apparel (5.11 Tactical, Boa, Marucci Sports, PrimaLoft, and Velocity Outdoor) declined by 68 percent to $6.94 million from $21.4 million for the period ended June 30. Total revenues from the five companies fell ...
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ArticleEOS 2023: First speakers and program content announced
Planning for the European Outdoor Summit (EOS) on September 28-29, 2023 in Berlin is in full swing and the European Outdoor Group (EOG) has announced the first speakers and program content: Philipp Meister, Global Fashion and Sporting Goods Lead at Quantis, is confirmed for his presentation “How to square ...
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ArticleWeyco posts higher profit, margin despite lower Q2 sales
Weyco Group suffered a 9.9 percent decline in Q2 sales to $67.0 million as the group’s portfolio of footwear brands faced difficult year-over-year comparisons and a wholesale market flush with inventory. Nonetheless, the group improved several operating metrics in the period ended June 30. Operating income rose by 18 percent ...
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News briefsPáramo’s new business structure aims to support future growth
Ethical outdoor apparel brand Páramo Directional Clothing has made several changes at the management level to support future growth and continue to provide high-quality products and great customer service. Richard Pyne takes on the role of Páramo CEO, leading the strategic direction of the company and ensuring that the brand’s ...
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ArticleUSWE defies the challenges in Q1
USWE Sports AB, the parent company of USWE, Void Cycling and Giant Loop, has published its interim report for the first quarter ended June 30, 2023, showing growth and profit despite the difficult business environment. Net sales totaled 26.5 million Swedish kronor; an increase of 40 percent compared to the ...
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ArticleOutdoor Research publishes first Annual Impact Report
Seattle-based company Outdoor Research (OR) published its inaugural Annual Impact Report, highlighting its commitment to sustainability, inclusivity and responsible corporate practices. The report is a tool OR will use to annually share its progress, achievements and future targets around its efforts as a responsible global corporate citizen. “The textile ...
