All Hiking & Trekking articles – Page 35
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News briefsOutdoor backpacks market to grow at 5.4% CAGR by 2029, says new report
The increasing popularity of hiking among millennials drives market growth, but counterfeit products pose a major challenge.
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News briefsRevelyst appoints Licensing and Entertainment President
Simon Waters will be responsible for licensing partnerships and entertainment initiatives for the company’s outdoor brands.
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News briefsAmer Sports reports strong preliminary 2024 financial results
Amer Sports Inc. announced its preliminary financial results for fiscal year 2024, revealing robust revenue growth and strategic debt reduction ahead of its full-year financial report scheduled for Feb. 25, 2025. The company expects revenue growth at the high end of its 16–17 percent guidance range, despite unfavorable foreign currency ...
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News briefsCanadian retailer MEC reportedly exploring sale
Mountain Equipment Company has engaged a risk and financial advisory solution provider to explore a potential sale, as financial strains raise concerns about its future.
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News briefsGarmin expands Outdoor Tech offerings with Montana Series launch
Garmin’s new, innovative GPS devices – some with integrated inReach and camera – aim to elevate outdoor navigation experiences.
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ArticleRussia’s Desport invests heavily in outdoor segment
Desport focuses on expanding its outdoor goods range and e-commerce presence, aiming to make outdoor activities more accessible across Russia by the end of 2025.
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ArticleDistribution expansion, new products fuel Hydro Flask
Helen of Troy sees mixed Q3 results: rising revenues in its Home & Outdoor segment but challenges in operating income amid brand momentum and innovations.
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News briefsNew high-performance exoskeleton for outdoorers presented at CES
CES Innovation Honoree Hypershell unveils technology set to redefine mobility and endurance for outdoor enthusiasts.
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ArticleColumbia Sportswear’s digital transformation results in key executive’s departure
Skip Potter, EVP and Chief Digital Information Officer, is leaving as Columbia Sportswear pushes ahead with a new digital strategy.
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ArticleCompass Diversified with board leadership changes
A notable corporate shift reshapes CoDi’s board leadership, aligning governance expertise with long-term growth strategies for a diverse portfolio manager.
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News briefsP.A.C. invests in advanced manufacturing
The German textile company is investing in advanced manufacturing facilities at its production site in Italy to meet demand and strengthen its market position.
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News briefsReima launches circular economy initiative
The Finnish kids’ activewear brand takes a bold step toward sustainability by launching a second-hand online store for pre-loved clothing.
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News briefsStrategic Value Partners finalizes Revelyst acquisition
The global investment firm is buying Vista Outdoor’s outdoor products division for $1.125 billion, takes it private.
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News briefsGlobal outdoor apparel market to grow by $7.3bn by 2029
Market research predicts significant growth fueled by sustainability trends and consumer demand for advanced performance wear.
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News briefsHelen of Troy reschedules Q3 earnings release date
The earnings release day has been adjusted to avoid the conflict with National Mourning Day in honor of the late President Jimmy Carter.
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News briefsMerrell introduces new hiking footwear concept with SpeedARC Surge Boa
New hiking footwear innovation promises unprecedented energy return and adaptability for diverse terrains.
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ArticleAmer Sports opens new high-tech warehouse in Ontario, Canada
The group consolidates operations under one roof with advanced automation and a strategic location in Ontario.
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News briefsThule Group expands shares following acquisition of Quad Lock
The Swedish outdoor lifestyle brand updates its share count and capital structure following its latest strategic acquisition, enhancing its market position.
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Data & AnalysisRugged footwear market steps down in 2023
The global rugged footwear market declined by 2.2% in 2023 to $6.2 billion, with Salomon and other top brands driving gains in Europe and China, while US sales fell sharply, forcing brands to rely on new products and marketing to compete in a flat market.
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News briefsRecco expands SAR network in Canada
Newfoundland Helicopters enhances its search and rescue operations with the placement of a helicopter detector.
