All General Outdoor articles – Page 18
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Article
Deckers raises full-year guidance again on continued strength of Hoka, plans to divest Sanuk
Bolstered by sales contribution from its Ugg brand and continued momentum in its Hoka business, Deckers Brands generated a 76 percent increase in Q2 operating income to $224.6 million on nearly 25 percent total net sales growth to $1.09 billion for the three months ended Sept. 30. Net income was ...
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News briefs
Globetrotter partners with German bicycle retailer
Two German branches of the outdoor retailer Globetrotter are to cooperate with German omni-channel bicycle retailer B.O.C. From spring 2024, the Globetrotter branches in Stuttgart and Dresden will include sales areas with products from B.O.C.’s range. In Stuttgart, B.O.C. will move into the basement of Globetrotter, while in Dresden, B.O.C. ...
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Article
Columbia lowers FY23 outlook, braces for challenging Spring ’24
Columbia Sportswear, despite making strides in its ongoing inventory reduction program and improving its quarterly gross margin by 70 basis points to 48.7 percent, reported a 7 percent decline in Q3 net income to $103.5 million from $111.8 million for the period ended Sep. 30. Period operating income was also ...
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News briefs
Polygiene with operating loss in Q3 due to lower sales
Despite a 30 percent decline in third-quarter revenues to 28.7 million Swedish kroner (€2.4m) and a corresponding operating loss of SEK 2.4 million, Polygiene is optimistic about Q4 results as early orders have exceeded expectations. The group, which said Q3 results showed signs of a slow recovery, has shifted its ...
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News briefs
Ortlieb has a new solution for reducing waste
To reduce off-cut waste, German company Ortlieb is now expanding what it has called a successful pilot project. Its Care-Bags – unique shoulder bags made from outdoor or cycling bags with errors in the production process that would otherwise have been discarded – are now available from the brand’s website ...
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News briefs
Solo Brands announces CFO change
Solo Brands, Inc., the owner of the Solo Stove, Chubbies, Oru Kayak, Isle and Icy Breeze brands, announced that Somer Webb, Chief Financial Officer, has notified the company of her intent to pursue other opportunities. Webb will remain with the company until Dec. 10, 2023. She started her position at ...
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News briefs
Carbios strengthens its leadership team
Source: Carbios Bénédicte Garbil French biotech firm Carbios has announced the appointment of Bénédicte Garbil as Senior Vice President of Corporate Affairs and Sustainability. She also joins the group’s executive committee. Garbil began her career as a public affairs advisor at the French Federation of Healthcare Industries ...
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Article
Deuter receives “Green Button 2.0” certification
Among other measures, backpack and sleeping bag expert Deuter from Germany has been effectively and sustainably implementing the environmental and social standards of the “Grüner Knopf” (Green Button) directly and along the value chains since 2021 as part of its responsible business practices. Now, the company has gone through another ...
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News briefs
Internetstores GmbH files for insolvency
Stuttgart-based Internetstores GmbH, which includes the bike and outdoor online shops Fahrrad.de, Bikester, Campz and Addnature, filed for insolvency at the Stuttgart District Court on Monday afternoon. The company is part of Signa Sports United (SSU), the sporting goods division of the Signa Group founded by Austrian investor René Benko. ...
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News briefs
Vista Outdoor appoints General Counsel for Revelyst
Source: Vista Outdoor Jung Choi Vista Outdoor announced that Jung Choi will serve as General Counsel and Corporate Secretary for Revelyst following the planned spin-off of Vista’s Outdoor Products segment into a separate public company. Her appointment will be effective Oct. 23. Until the spin-off is completed, ...
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News briefs
HeiQ AeoniQ joins Canopy initiative
HeiQ AeoniQ has become an active brand partner of the Canopy initiative, which addresses the climate and biodiversity crises by committing to keep ancient and endangered forests out of the man-made cellulosic fiber supply chain. HeiQ AeoniQ is HeiQ’s key initiative to support textile brands and mills to achieve their ...
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Article
Wave of insolvencies at SSU seems unleashed
While Signa Sports United (SSU) offshoot Internetstores GmbH (Addnature, Bikester, Brügelmann, Campz, Fahrrad.de, Probikeshop) is said to have informed its suppliers of impending insolvency in self-administration and British affiliate WiggleCRC is believed to have done the same in its home country, German Tennis-Point GmbH has already filed for insolvency on ...
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News briefs
Vista Outdoor announces CFO for Revelyst
Source: Vista Outdoor Andy Keegan Previously considered a plan, it’s now official: Andy Keegan, currently Vista Outdoor’s vice president and interim CFO, will serve as Revelyst’s CFO following the planned spin-off of Vista Outdoor’s Outdoor Products segment into a separate public company. Keegan will continue to serve ...
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News briefs
Pernilla Nyrensten declines re-election to RVRC’s board
Source: RVRC Pernilla Nyrensten In a press release accompanying its proposal for the composition of Revolution Race’s (RVRC) Board of Directors for the next Annual General Meeting on Nov. 21, the company’s Nominating Committee published last Friday that Pernilla Nyrensten has decided to leave the board of ...
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Article
Signa Holding sells Sport Scheck to British Frasers Group
On Oct. 17, Signa Retail Department Store Holding GmbH announced the sale of the German sporting goods chain SportScheck to British sporting goods and fashion retailer Frasers Group. Frasers runs, among other brands, Europe’s largest retailer of sports and fitness footwear, apparel and equipment, Sports Direct. No details were given ...
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News briefs
New Chairman of the Board at Sea to Summit
Australian adventure gear brand Sea to Summit has appointed Wayne England as its new Board Chair. England is an accomplished executive with a distinguished career in the consumer products industry. Throughout his career, Wayne has held several executive and non-executive positions in leading multinational consumer goods companies, most notably Nestlé. ...
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News briefs
Rumpl hires new VP Global Brand Marketing
Source: Rumpl Josh Weichhand US outdoor blanket brand Rumpl, founded in 2014, has hired brand and marketing expert Josh Weichhand as Vice President, Global Brand Marketing. Weichhand will lead and oversee Rumpl’s marketing, brand strategy, e-commerce, creative and international efforts. He brings more than a decade of ...
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News briefs
Cocona Labs becomes member of The Conservation Alliance
Cocona Labs, the manufacturer of 37.5® Technology, has joined The Conservation Alliance. Cocona Labs’ membership dues directly support conservation efforts and advocate for protected lands. Cocona Labs is one of the few material suppliers to join the organization and is committed to encouraging more suppliers to actively participate in sustainability ...
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News briefs
BASF and Asahi Kasei team up on sustainable stretch fibers
BASF has announced that it is supplying biomass-balanced tetrahydrofuran (THF BMB) to the ROICA division of Asahi Kasei Corp., a multinational Japanese company. BASF’s THF BMB is said to offer a significant reduction in product carbon footprint compared to its standard grade of THF products, according to BASF. This is ...
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Article
EOG invites UK retailers to participate in OMIS market data program
The European Outdoor Group (EOG) has launched the Outdoor Market Intelligence Service (OMIS), an online dashboard to share real-time monthly sales data from outdoor retailers in the UK. Outdoor retailers in the UK are invited to join the program for key market insights, which went live during the European Outdoor ...