All Hiking & Trekking articles – Page 41
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News briefsG3 reportedly insolvent
Genuine Guide Gear faces financial trouble as a BC court ordered the sale of its assets. The brand’s future is uncertain.
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ArticleAlpina cuts staff in the face of ongoing financial challenges
The Slovenian footwear manufacturer is reportedly cutting 60 jobs and relocating production to Bosnia to counter financial challenges and declining sales.
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ArticleLolë acquires Sanuk from Deckers
The Canadian athleisure brand has bought the iconic footwear brand for an undisclosed sum and announced Katie Pruitt as its new General Manager.
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News briefsSamsonite operating profit inches up in H1
The Gregory parent’s H1 profit rose by 1%, with net income up 4.5%. Sales grew 2.8%, driven by strong travel demand despite regional challenges.
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ArticleHaglöfs has a new CEO
The Swedish outdoor company has hired Martin Daniels as Chief Executive Officer.
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ArticleRegions outside the Nordics drive RVRC’s FY sales growth
The Swedish DTC outdoor company Revolution Race achieves strong double-digit growth in Q4 and for the full year.
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News briefsHelly Hansen grows marginally in Q2
The parent company Canadian Tire reported a 2.9% decline in group sales, while the Norwegian brand was able to increase sales by 1.2%.
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News briefsGrivel secures investment from Swiss investor
The Italian equipment brand partners with Midi Management to support the development and expansion of its business.
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ArticleMerrell works on innovation with parent in throes of turnaround
Wolverine Worldwide boosts its FY24 outlook as Merrell drives growth with innovative trail styles – despite overall Q2 challenges.
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News briefsJack Wolfskin reportedly shifting focus to Central Europe and China after declining sales in the US
Topgolf Callaway might pull Jack Wolfskin from the US as sales dropped, but the company forecasts recovery for the group in Q4.
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ArticleVista Outdoor operating income dips 12 percent in Q1
The group’s Q1 sales met expectations, but profits exceeded forecasts despite a 12% drop in operating income. Sales fell by 7.1%, yet gross margin improved.
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ArticleTNF parent records lower than expected sales decline in Q1
VF Corp. is especially optimistic about Vans’ recovery, led by EMEA’s wholesale success. The North Face sales dipped 2%.
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ArticleJohnson Outdoors’ results hurt by lower sales, promotional investments
The American outdoor equipment manufacturer reported an operating loss and an 89% drop in net profit for the third quarter, with sales down 7.8%.
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News briefsGregory and Unlikely Hikers launch new inclusive backpack collection
After a first collection in 2021, Gregory and Unlikely Hikers are now launching their second product range – with regular and plus sizes.
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News briefsHaglöfs appoints new Chief Commercial Officer
The Swedish company hired Andreas Oliver Lorenz as Chief Commercial Officer, bringing expertise from Adidas and On to drive growth and innovation.
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ArticleAdam Arnold: Steering Nikwax and Páramo toward employee ownership and sustainable success
In our latest interview, Adam Arnold, CEO of Nikwax and Páramo, discusses steering the company towards employee ownership, navigating post-pandemic challenges, and championing sustainability. Learn about Arnold’s journey from a summer job to CEO and how he plans to achieve net zero emissions by 2040.
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ArticleClarus Q2 results hurt by weakness in EU wholesale, American consumer demand
The owner of Black Diamond and Pieps continued improvements in its Outdoor segment during the second phase of its three-year strategic plan despite facing challenges in North American consumer demand and European wholesale markets.
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News briefsNational Outdoor Expo and National Cycling Show to be combined in 2025
In 2025, the National Outdoor Expo and the National Cycling Show will be held together at the NEC in Birmingham to offer visitors an even more comprehensive and enriching experience.
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ArticleCoDi with strong growth in Boa and PrimaLoft sales amid inventory recovery
Compass Diversified’s branded consumer brands saw significant revenue growth in Q2, driven by destocking recovery and strong European performance, despite setbacks from the Crosman airgun company divestiture in April.
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News briefsNew additions to Dynafit’s international marketing team
On July 1, Lukas Malgay started as the brand’s new International Sports Marketing Manager, and in May, Helge Röske joined as International Product Marketing Manager.
