All General Outdoor articles – Page 239
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ArticleGoPro posts 86% revenue growth in Q2
GoPro saw revenues increase by 86 percent to $250 million in the second quarter ended June 30, up from $134 million in the second quarter of 2020. The number of GoPro subscribers jumped by 211 percent to 1,160,000, and the company expects to exceed 1.7 million subscribers by the end ...
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ArticleWeyco sees potential in Forsake, benefits from renewed dress shoe demand
Glendale, Wisconsin-based Weyco Group reported net sales of $57.6 million in the group’s second quarter of 2020, which ended June 30, compared with $16.6 million a year earlier, when sales were severely impacted by the pandemic outbreak. Sales were down about 5 percent from the second quarter of 2019, with ...
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News briefs
Italian Outdoor Group to further reinforce presence at Outdoor&Running Business Days
The Italian Outdoor Group (IOG) is further reinforcing its presence at the Outdoor&Running Business Days, the Italian trade show on outdoor and running, of which IOG is a partner. At the 2021 event, the IOG will have a dedicated 100-square-meter networking area located at the heart of the exhibition village ...
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News briefsLatest #itsgreatoutthere grants revealed
The It’s Great Out There Coalition has announced details of the successful applicants for the first round of #itsgreatoutthere grants in 2021. Launched in 2017, the #itsgreatoutthere grant program supports community-based projects that bring new participants into the outdoors, with a particular focus on younger and diverse audiences. Any nonprofit ...
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ArticleYeti raises FY outlook as Q2 sales grow 45%
Yeti, the U.S. producer of coolers, drinkware and other outdoor gear, saw second-quarter sales rise by 45 percent to $357.7 million. DTC sales increased by 48 percent to $196.9 million and represented 55 percent of the sales pie, up from 54 percent the year earlier. Wholesale sales increased by 41 ...
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News briefs
Columbia's VP of global omnichannel leaves the company
Columbia Sportswear announced that Franco Fogliato, executive vice president, global omnichannel since Nov. 2020 and executive VP and general manager Americas for the group since 2017, has informed the company of his intention to leave after a short transition period ending Sept. 3, 2021. Fogliato joined Columbia Sportswear in 2013 ...
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ArticleGfK Market Monitor Switzerland: Outdoor and camping with substantial growth in Q2
The GfK Market Monitor on the Swiss retail trade in cooperation with more than 40 major Swiss retailers, which account for around 40-50 percent of total retail sales in Switzerland, closes the first half of 2021 with a plus of 5.9 percent. The result is mainly due to double-digit growth ...
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News briefsLenzing Q2 sales rise 27.5%
Lenzing, the Austrian specialty fiber producer, saw revenues in the first half of 2021 increase by 27.5 percent to €1,033 million, as growing optimism in the textile and apparel industry and an ongoing recovery in retail spurred an increase in demand and prices on the global fiber market. Net profit ...
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ArticleNew acquisitions help Rocky Brands stride forward in Q2
Rocky Brands reported a 60 percent rise in second-quarter earnings as incremental sales from Muck Boot, XTRATUF, Servus, Neo and Ranger brands acquired from Honeywell in March made a healthy contribution to revenues. Net income rose to $3.89 million from $2.44 million in the three months to June 30 as ...
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ArticlePurchase decisions: YouGov study sees animal welfare topics on the rise
According to a new study initiated by animal welfare organization Four Paws and executed by YouGov, there is a significant increase in awareness and sensibility among consumers worldwide regarding the use of animal products for fashion since the outbreak of the Covid-19 pandemic. There is a measurable ...
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News briefsCoDi completes sale of Liberty Safe
Compass Diversified (CoDi), owner of various brands, including thriving Boa Fit technology since October 2020, today announced that it has completed the sale of its majority-owned subsidiary, Liberty Safe Holding Corporation, the parent company of Liberty Safe and Security Products, Inc. to an affiliate of Monomoy Capital Partners. The Westport-based ...
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ArticleEOG State of Trade: Outdoor wholesale value drops 9.5% in 2020
The European Outdoor Group (EOG) has provided an update to its State of Trade (SoT) market research program with the latest figures on the Outdoor market for 2020. The sales figures highlight the impact that the Covid-19 pandemic had on the sector last year. According to the EOG study, the ...
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ArticleColumbia lifts guidance after strong Q2, but CEO attacks freight “monopoly”
Columbia Sportswear swung to a second-quarter profit and raised its full-year 2021 forecasts but warned that “escalating” ocean-freight prices and ongoing port congestions were dragging on the annual outlook. The outdoor gear producer reported net income of $40.6 million for the three months to June 30, compared with a loss ...
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ArticleClarus raises guidance as Q2 sales growth accelerates
Clarus Corp., the Utah-based parent company of Black Diamond and Pieps, saw its sales growth accelerate in the second quarter of 2021, with its top line increasing by 144 percent from the year earlier, when the impact of the Covid-19 pandemic was at a peak, reaching $73 million. Favorable consumer ...
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News briefsPrana to officially reach plastic-free packaging goal this fall
Carlsbad-based company Prana, owned by Columbia Sportswear, announced that it will be 100 percent plastic-free in its packaging solutions. The brand had launched the Responsible Packaging Movement (RPM) a year ago, a program developed to support an industry-wide change to sustainable packaging options. For many years, Prana has already used ...
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ArticleAfter strong Q2, Wolverine again raises full-year outlook
Wolverine Worldwide raised its guidance for the full year for the second time after achieving strong results in the second quarter ended July 3, led by the record quarterly sales performance by its two largest brands, Merrell and Saucony, on which the group has been investing more than on the ...
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News briefsKlean Kanteen moves to recycled stainless steel
California-based company Klean Kanteen, the provider of drinkware and food solutions, has announced the use of recycled stainless steel in its TKWide and Straw collections beginning with its 2022 product offering and plans to expand the program to 95 percent recycled steel by 2023. The share of ...
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News briefsFirst “She is Outdoors” gear awards winners
Picking the best from 37 products from 28 brands in five categories, the #sheisoutdoors awards were given to Devold, Exped, Pyua, Norrøna, Wechsel, The North Face and Salomon. The first dedicated women’s outdoor gear award, initiated by Munich-based outdoor enthusiasts Jana Erb and Miriam Mayer of Kontrapixel, was chosen by ...
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ArticleVF raises FY guidance as Q1 sales and profits beat estimates
VF Corp lifted its annual guidance after posting better-than-expected earnings and sales in its first quarter ended June 30 as retail demand for the company’s top brands continued to recover from the impact of the Covid-19 pandemic. Revenue for the three months more than doubled to $2,194 million, compared with ...
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News briefs
Picture to open a store in Paris
Picture will soon open a store in Paris – its first in France’s capital city and its 20th in France – Sport Guide has reported. The French eco-friendly brand will settle in the Latin Quarter, at 65 rue St. Jacques, taking over a 110-square-meter space from Urban Surfers. Renovation work ...
