All Hiking & Trekking articles – Page 14
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Article
Outdoor 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 ...
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Vaude reduces CO2 emissions by 5% while growing revenue by 13% in 2022
Responsible business practices and successful economics can be directly linked, as Vaude shows in its latest Sustainability Report. For years, the German outdoor company has been vigorously pursuing the goal of continuously reducing its ecological footprint and significantly cutting CO2 emissions as quickly as possible. To achieve this, the company ...
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News briefs
Rocky Brands sees business positioned for H2 improvement
Despite experiencing strong sell-throughs at several major U.S. wholesale accounts, U.S. footwear company Rocky Brands reported a 38 percent decline in Q2 sales to $99.8 million from $162.0 million for the period ended June 30. Wholesale segment revenues declined by 45.5 percent to $71.5 million and fell by 3.6 percent ...
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Columbia cuts outlook as net falls 17% in Q2
Bloated inventories and challenging market conditions in the U.S. are forcing Columbia Sportswear to take a “more conservative” stance on its H2 and full-year results despite explosive year-over-year Q2 sales growth in China and in its lower-margin international distributor businesses. Saddled with a 21 percent year-over-year increase in Q2 ...
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News briefs
Big Agnes completes purchase of its Steamboat Springs headquarters
Big Agnes, the Colorado-based outdoor gear brand founded in 2001, recently announced that it has secured a long-term home for the company’s headquarters in downtown Steamboat Springs, Colorado. Located downtown at 840 Yampa Street, the building has housed both Big Agnes and the Steamboat Springs Fire Department for the past ...
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News briefs
Polygiene sees market recovery by end of 2023
Polygiene Group, while admitting “the pace of the market recovery has taken longer than expected,” suggests current “market signals” point to a recovery by the end of the year. In Q2, the group reported a 46 percent drop in net sales to 25.4 million Swedish kroner (€2.3m) and an operating ...
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Vista Outdoor’s Q1 net dips by 54 percent; Outdoor Products spin-off slated for Q4
Vista Outdoor, which is proceeding with plans to spin off its Outdoor Products segment in Q4 of this calendar year, reported a 54 percent decline in Q1 net income to $58.1 million from $126.0 million for the period ended June 25. Ebit was down by 55 percent to $75.4 million ...
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Restructuring process for Swedemount Sportswear & Fashion AB approved
As the border between Norway and Sweden was closed during the pandemic and therefore, important stores along the Norwegian border were shuttered and severely affected, the Swedish company Swedemount Sportswear & Fashion AB suffered significant losses in sales. The Covid support the company received during this period exceeded the amount ...
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News briefs
Xero Shoes hires new Chief Product Officer
Source: Xero Shoes Michael Pao Following the retirement of Dennis Driscoll after a nearly 50-year career in the footwear industry, Xero Shoes has hired Michael Pao as its new Chief Product Officer, effective immediately. Pao joins Xero from Timberland, where he served as Vice President of Global ...
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News briefs
The North Face to expand its global flagship in London’s Regent Street
VF Corp. has signed a new lease to expand the global flagship of its The North Face brand at Walmar House, 288-300 Regent Street, in London’s West End. The current seven-floor space covers more than 5,200 square meters. The expanded retail footprint will increase by 33 percent, including added space ...
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Vista Outdoor appoints Eric Nyman as CEO of Outdoor, updates on corporate separation plans
Source: Business Wire Eric Nyman The board of directors of Vista Outdoor Inc, the parent company of 41 brands, has appointed Eric Nyman as CEO of the Outdoor Products segment and a member of the Board of Directors, effective Aug. 21. Nyman, who has more than 30 ...
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Crazy undergoes strategic reorientation
Source: Crazy Valeria Colturi Crazy, a brand founded in 1989 by Valeria Colturi, a top Italian cross-country skier, offering mainly products for ski mountaineering, trail running and trekking, has presented a new logo, emphasizing “the union between the quest for technical innovation that has always characterized the ...
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News briefs
Zamberlan USA bolsters brand with hire of Director of Operations
Zamberlan, the third-generation handcrafted Italian bootmaker founded in 1929, has hired industry veteran Chris Rischke as Director of Operations for its wholly-owned subsidiary, Zamberlan USA, Inc. The addition of the Director of Operations role bolsters Zamberlan’s foundation and positions the brand to better serve its customers and support future growth ...
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News briefs
French event Sport for Future draws attention to the melting of glaciers
The second edition of Sport for Future is scheduled to take place in Chamonix, in the French Alps, on Aug. 1-3. Sport for Future aims to raise awareness among sportspeople of how climate change is affecting glaciers. The event is organized by Riding to Explore, a project launched by elite ...
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News briefs
SealSkinz launches its first apparel collection
British outdoor brand SealSkinz, known for its socks, hats and gloves, is expanding into a new product category with a debut apparel collection. All of the items in the new Vitae collection, designed for experienced explorers as well as casual outdoor enthusiasts, are made from sustainable yarns like bamboo and ...
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Article
Outdoor sales down slightly in the U.S.
Overall sales in the outdoor industry were down by 1 percent in dollars and 4 percent in units over the year from May 2022 to April 2023. Industry volume amounted to $28 billion, or 24.4 percent more than the annual figure for calendar 2019. So reported analytic firm Circana’s executive ...
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News briefs
Salomon to use a mobile wallet marketing strategy
Salomon has a new partner to build on its digital marketing solution. The French sporting brand will now use Captain Wallet by Brevo for mobile wallet marketing. The technology makes it possible to dematerialize marketing content (i.e., convert a paper document into a digital one) in Apple and Google wallets ...
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News briefs
Kathmandu launches Kathman-REDU in Melbourne
New Zealand outdoor apparel brand Kathmandu has launched a new circular economy initiative called Kathman-REDU, a program in which defective, returned or unsaleable items are cleaned, repaired and restored to saleable condition. The program launched at Kathmandu’s Richmond and Galleria stores in Melbourne, Australia, and will expand over time. The ...
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Rab launches Material Facts on apparel and sleeping bags this fall
Source: Equip Material Facts Announced last year, the Material Facts program from British outdoor company Equip Outdoor Technologies Ltd, owner of Rab and Lowe Alpine, will be available on all Rab clothing and sleeping bags from September 2023 and can be accessed online by scanning a QR ...
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News briefs
Patagonia scales up its after-sales repair services
Building on a long-standing tradition of repairing clothing, Patagonia has launched a new phase of its Worn Wear initiative in Europe and launched an online “Repair Portal.” Patagonia’s goal is to increase the number of repairs fourfold to 100,000 per year until 2028. To achieve this goal, the new online ...