Hiking & Trekking – Page 96
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ArticleFenix Outdoor unveils its 2021 goals
Fenix Outdoor International had a tough year in 2020 due to the pandemic and its store closures, with sales falling by 7.3 percent to €563.0 million. The operating margin (Ebit) contracted by 3.1 percentage points to 10.9 percent. Net profit declined by 44.6 percent to €33.9 million. But in its ...
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ArticleThule sets new sustainability targets
Thule Group achieved better-than-expected results in 2020 by riding the strong global bike trend that started in June. Sales rose by 11.2 percent from the previous year to 7,828 million Swedish kronor (€777.1m-$942.7m) or 13.1 percent in constant currencies. In its annual report, the Swedish company attributed these results to ...
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News briefsFormer Nike executive to lead Sorel, Mountain Hardwear and prAna at Columbia Sportswear
Source: Columbia Sportswear Company Craig Zanon Columbia Sportswear Company announced that Doug Morse, senior vice president, Emerging Brands, will step down this summer. Craig Zanon will take over the position, making him responsible for the Sorel, Mountain Hardwear and prAna brands. “He will build on the brand-led, ...
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News briefsMont.Black launches instantly adjustable pole
Mont.Black, a British alpine equipment start-up based in Leeds, has unveiled the ATP-01, an alpine ski and trekking pole that can be instantly adjusted at the press of a handle-mounted button. This enables the user to change the length quickly and easily without stopping to fiddle with clasps. The pole ...
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News briefsCotopaxi plans to become climate neutral in 2021 and use responsible materials only
Cotopaxi, the U.S.-based outdoor gear and apparel brand and charitable organization, has released its annual Impact Report with reference to the Global Reporting Initiative. The report aims to provide balanced and quantified information about the brand’s holistic corporate social responsibility performance and donations through the Cotopaxi Foundation. The report highlights ...
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News briefsGiovanni Zoppas appointed new CEO of Tecnica Group
Giovanni Zoppas is returning to Tecnica Group as CEO and general manager, starting in May. Zoppas knows the group well as he is a member of its board of directors and worked as GM of its Nordica brand between 2003 and 2006, taking care of its reorganization after the group ...
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ArticleFila lifts Anta’s results while Amer posts losses
Anta Sports Products has released generally good results for the full year, despite the impact of the pandemic. Fueled by the continued progress of Fila’s joint venture for the Chinese market, the group’s total revenues rose by 4.7 percent to 35,512 million yuan renminbi (€4.59bn-$5.43bn), bouncing back from a difficult ...
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News briefsFree online premiere of Emily Scott’s film “Project 282” on Facebook, March 25
Source: Equip / Project 282 Emily Scott Equip Outdoor Technologies and the Rab brand invite all outdoor enthusiasts to the online premiere of “Project 282,” a film that follows climber and adventurer Emily Scott in her quest to climb all 282 Munros in 120 days, using self-propulsion. ...
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ArticleRip Curl still an engine of growth for Kathmandu
Rip Curl continues to support the performance of Kathmandu Holdings. Acquired in October 2019, it allowed the Australian group to improve its revenues for the six months ended on Jan. 31, 2021, as it did before. The group’s total revenues progressed by 12.9 percent from the year-ago period to 410.7 ...
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News briefsOdlo has a new CFO
Source: Odlo Abe Yasser Effective May 1, 2021, finance specialist Abe Yasser will take over as Odlo’s CFO from Adrian Schürmann, who is leaving the company after joining in 2015. During his tenure, Schürmann helped manage Odlo’s change in ownership in May 2020. Yasser joins the Swiss ...
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News briefsLight My Fire responds to concerns about melamine plastics
Recently, the Dutch Food and Consumer Product Safety Authority raised concerns about Melamine plastic tableware that incorporates bamboo and cornmeal. The Swedish specialist for outdoor food and beverage containers and cutlery, Light My Fire, has now responded with a statement saying that its products do not contain any of the ...
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News briefs
BASF and Vaude cooperate to make pants from car tires
German companies Vaude and BASF are cooperating to create a more effective product cycle for the outdoor brand’s products. The first of these is a pair of trekking pants made from recycled car tires. The pants are part of the Vaude SS 2022 collection and will be on sale from ...
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News briefsArtilect launches new global storytelling platform Culturelines
Artilect, the new performance-driven outdoor apparel brand founded by skater and snowboarder Trent Bush and Bradshaw Taylor’s Corry Taylor in Boulder, Colorado, has just launched Culturelines, a print and digital publication covering stories from the outdoors, technology, music, arts and culture. New stories will be published weekly on the storytelling ...
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ArticleEcco had a challenging 2020, but continued to invest in the future
Danish footwear brand Ecco said it has remained financially strong despite the challenges of the year 2020. The company reported sales of €1.09 billion in 2020, down 19.7 percent from €1.36 billion a year ago. Profit before taxes reached €44.7 million, down from €195.8 million in 2019. The top priority ...
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News briefs
Lowa now offers its resole service in the U.S.
Lowa has created a new “Repair and Resole” program in the U.S. that operates through an online system. Customers who want to repair or preserve their Lowa boots can now place a repair/resole order online to have the products refurbished by Lowa factory craftsmen in Germany. The company gives an ...
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ArticleA difficult year for Gregory and High Sierra
Samsonite’s two outdoor backpack brands, Gregory and High Sierra, recorded a significant sales decline in 2020, like the rest of the group, because of the impact of the Covid-19 pandemic. Gregory posted a drop of 26.6 percent to $51.2 million, off by 27.5 percent on a currency-neutral basis. The more ...
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News briefsGarmont is open for acquisitions after entry of new majority shareholder
Garmont International, the Italian outdoor and technical footwear brand, told our sister publication SGI Europe that after consistent strong growth in recent years due to the Covid 19 pandemic, it reported an unconsolidated sales decline of more than 15 percent to €14 million in 2020, but still posted a profit. ...
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ArticleConzzeta in transformation - new name, search for Mammut buyer and resignation of management team
In a further step in its ongoing strategic transformation and following the publication of declining results for the 2020 financial year, the executive board of the Swiss Conzzeta Group will step down at its upcoming annual general meeting on April 21. The board of directors will also propose to the ...
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ArticleMammut’s online sales climb, but brand is up for sale as Conzzeta is in transition
Robust online sales mitigated the impact of the pandemic on Mammut Sports Group’s results for the full year. It generated net revenue of 218.4 million Swiss Francs (€197.5m-$236.1m) in 2020, down by 16.2 percent from the previous year in constant currencies. It ended with an operating loss of CHF 24.5 ...
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News briefsDecathlon expands outdoor product lines for SS2021, greater focus on sustainability
Decathlon, the world’s largest sporting goods retailer with more than 1,600 points of sale worldwide, unveiled its spring/summer 2021 collection for the outdoor and mountain brands Quechua and Forclaz last week, live and digitally from its headquarters in France. Source: Quechua 2 Second Tent Among the innovations ...
