All General Outdoor articles – Page 205
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News briefsEndura’s tree planting project passes two-million mark in Africa, plants new forest in Scotland
Claiming to be still ahead of target, Endura has just reported new numbers of its One Million Trees project. By now, there were two million trees planted in a degraded mangrove forest in Mozambique, which is providing employment for the local community and helps offset the company’s carbon footprint. Additionally, ...
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ArticleCallaway Golf raises guidance, Jack Wolfskin performs better than expected
Callaway Golf raised its guidance for the full year once again, after revenues in the third quarter increased by 80.1 percent as compared to the year-earlier to $856.5 million, continuing to benefit from the addition in March of Topgolf and a better-than-expected contribution to its top line from golf equipment ...
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News briefsDecathlon Germany unveils ambitious business plan, with cycling and outdoor as key pillars
According to its just-launched 2022 to 2026 business plan, Decathlon Germany aims to more than double its sales to a total of €2.5 billion by 2026. To achieve this, the company wants to transform itself from a specialist sports retailer to a holistic sporting goods platform, according to information from ...
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News briefsFirst Arc’teryx ReBird Service Center opens in New York
Arc’teryx has opened the first ReBird™ Service Center in its brand-new New York City store location on Broadway. As the brand’s sixth store in New York, the Broadway location is the first of its kind to offer Arc’teryx retail sales as well as free product evaluation, on-site care and training, ...
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News briefsGOA launches nonprofit trade association for independent U.S. retailers
The Grassroots Outdoor Alliance has launched a new nonprofit trade association to share and collect data and support mid-sized, independent American outdoor retailers within the industry. The new Indie Outdoor group is open to all brands and organizations in the U.S. that serve the independent outdoor industry, including rep groups ...
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ArticleRevolutionRace nearly doubles turnover in Q1, German sales up 156%
RevolutionRace (RVRC) saw sales in the first quarter of its fiscal year jump by 95 percent from the year earlier to 254.2 million Swedish kronor (€25.6m-$29.7m), supported by continued demand for multi-functional garments and led by a stellar performance in Germany. On a constant currency basis, sales increased by 98 ...
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News briefs5.11 files for stock market listing
5.11 ABR Corp., the U.S. company previously called 5.11 Tactical, has filed an S-1 with the U.S. Securities and Exchange Commission to publicly offer its shares. The number of shares to be offered and the price range for the proposed offering have not yet been determined. The company intends to ...
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News briefsMacNeill Pride Group continues shopping spree, acquires Rightline Gear
The Nashville-based MacNeill Pride Group (MPG) has acquired Rightline Gear, a U.S. specialist for truck tents, car top and paddlesport carriers. Founded in 2009, Rightline Gear was formed from the brands Piggy Pack, PackRight, CampRight and Lakelandgear. It is distributed both DTC and via retailers like REI, Dick’s Sporting Goods, ...
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News briefsJack Wolfskin and Lenzing launch new 3L laminate with Tencel face fabric for shells
Austrian cellulose fiber specialist Lenzing and German outdoor brand Jack Wolfskin have developed a three-layer laminate containing a Tencel Lyocell face fabric, a Texapore Ecosphere membrane (Jack Wolfskin’s own branded technology), and a knitted liner made from recycled polyester. The laminate called Texapore Ecosphere Lyocell 3L claims to be fully ...
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News briefsWP Lavori invests in heritage outdoor brand Filson, takes over distribution and licensing in Europe
WP Lavori in Corso, a Bologna-based retailer, brand building and licensing company, has invested a 10 percent share in the brand and retailer Filson after signing a distribution and licensing agreement previously in 2020. WP Lavori is a luxury lifestyle company specializing in the distribution and building of heritage brands ...
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News briefsJack Wolfskin restructures sales management, promotes el Mahmoud to GM Commercial Europe
Jack Wolfskin has created a new sales management structure to ensure the coordinated alignment of wholesale, retail and digital strategies for its European operations. Jack Wolfskin veteran Natascha el Mahmoud fills the new position of general manager commercial Europe. El Mahmoud, who has been with the company since 2002, most ...
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News briefsEY honors von Dewitz with Entrepreneur of the Year Award
EY Germany, part of the globally active audit and advisory group Ernst & Young Global Limited (EYG), has awarded Antje von Dewitz, CEO of German brand Vaude, with the EY Entrepreneur of the Year Award. The award was given out for the 25th time to the best owner-managed medium-sized companies ...
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News briefsGlobetrotter expands second-hand sales ahead of Black Friday, now also available online
German outdoor retail chain Globetrotter, part of Frilufts Retail Europe, a subsidiary of Fenix Outdoor International, is once again hosting its ”Greener Week” from Nov. 22-27. For the fourth year in a row, the outdoor retailer is thus offering a range of sustainable alternatives to Black Friday’s unsustainable low-price sales ...
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ArticleCanada Goose with strong momentum, improves guidance
Canada Goose reported an improved gross margin and a lower operating margin on a 19.6 percent increase in revenues to 232.9 million Canadian dollars (€161.9m-$187.1m) for its second quarter ended Sept. 26. Excluding the exceptional revenues from personal protective equipment recorded in the same period a year ago, comparable sales ...
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ArticleSports & Leisure pull Craft's parent forward, Nordics and U.S. recover
The Swedish-based New Wave Group, which owns brands like Craft and Cutter & Back, reported record third-quarter profits as sales closed in on pre-pandemic levels, driven by a recovery in the Nordic countries and the U.S. The group’s Sports & Leisure division, which includes Craft, saw sales rise by ...
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ArticleGoPro says Christmas sales won’t be hit by supply crisis after stellar Q3 results
Action camera maker GoPro said it did not expect Christmas sales to be hit by supply-chain constraints as it reported better-than-expected third-quarter results. The company posted a net profit of $311.8 million, up from $3.3 million a year ago. Revenue grew 13 percent to $317 million against GoPro’s own estimates ...
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ArticleInventory overload affects Rocky Brands’ Q3
In the period ended Sep. 30, U.S. footwear company Rocky Brands reported “temporary fulfillment challenges” and a doubling in operating costs to $44.2 million. The increase in expenses was driven primarily by integrating the brands The Original Muck Boot Company, Xtratuf, Servus, NEOS and Ranger acquired in March for $230 ...
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ArticleVista Outdoor on target as Q3 earnings beat expectations
U.S.-based Vista Outdoor has reported better-than-expected third-quarter revenue, driven by growth in its shooting and outdoor segments as the recreation boom sparked by the Covid-19 pandemic shows no sign of slowing. Revenue for the three months to September 26 rose 35 percent to $778.5 million against forecasts of $723.3 million. ...
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ArticleCovid-led demand for anti-microbial products powers Polygiene Q3
Polygiene reported a 129 percent rise in third-quarter net sales to a record 52.3 million Swedish kronor (€5.2m-$6.1m) as the Covid-19 pandemic drives demand for anti-microbial products. Operating earnings before interest and tax in the three months to Sept. 30 soared to SEK 15.7 million (€1.59m-$1.8m) from SEK 2.4 million ...
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News briefsKeen launches “You Buy, We Donate” for Cyber Week in partnership with EOCA
Keen will donate €5 (up to €10,000 total) from every purchase made on www.keenfootwear.com during Cyber Week (Nov. 19-29) to a European conservation organization working to improve the health of our planet. The initiative is being carried out with the support of Keen’s longtime partner, the European Outdoor Conservation Association ...
