All Hiking & Trekking articles – Page 64
-
ArticleRocky Brands posts gross margin improvement despite loss
Helped by product price increases in 2022 and lower logistics costs, Rocky Brands improved its Q1 gross margin by 200 basis points to 39.6 percent. But the Georgia Boot parent reported a 69 percent decline in operating income to $4,155,000 against $13,197,000 for the period ended March 31. The Q1 ...
-
ArticlePrimus acquisition completed, new company Primus-Silva AB in operation
Silva Sweden AB has acquired 100 percent of the shares in Primus AB from Fenix Outdoor AB. The transaction closed on April 28, 2023, after the acquisition became official on Dec. 7, 2022. Since then, Primus, Silva and Fenix have worked to complete all operational transitions, including business systems, internet, ...
-
ArticleColumbia's Q1 sales boosted by early spring shipments and DTC channel
While Columbia Sportswear generated both lower gross and operating margins in Q1, the company was able to report 10 percent constant-currency revenue growth to $820.6 million thanks to early shipments of Spring 2023 wholesale orders and a reported 4 percent increase in direct-to-consumer sales to $368.1 million. “2023 is off ...
-
News briefsNewell Brands’ outdoor & recreation unit reports another quarterly loss
Newell Brands’ outdoor & recreation business segment, which includes Coleman, CampingGaz, Marmot, and Ex-Officio, reported an operating loss of $1 million versus a profit of $46 million in Q1, which ended March 31. Outdoor & recreation’s normalized operating income fell by 74 percent to $13 million from $50 million. Total ...
-
News briefsSalomon opens flagship store in Annecy
Salomon has opened a new brand store in Annecy, a city in the French Alps close to the Swiss border, where the brand was born in 1947. The new store is just a few steps from the brand’s Annecy Design Center, where every Salomon product is designed, developed and prototyped. ...
-
ArticleHelen of Troy gets operating income lift in Home & Outdoor
Fourth quarter operating income in Helen of Troy’s Home & Outdoor segment, which includes Osprey Packs, Oxo and Hydro Flask, rose by 38.5 percent to $31.3 million from $22.6 million due to lower inventory obsolescence expenses and the favorable impact of acquisition-related costs in the year-ago period. Segment revenues were ...
-
News briefsBear Grylls partners with Jack Wolfskin
Source: Jack Wolfskin Bear Grylls German outdoor brand Jack Wolfskin has announced a new apparel partnership with British TV adventurer, author, and charitable campaigner Bear Grylls. Grylls joins the Jack Wolfskin Discovery Team of explorers, researchers, educators and creatives. The partnership will be used to highlight the ...
-
News briefsNormalcy returns at Calzados Bestard
After a couple of extraordinary years, things seem to be returning to normal at Calzados Bestard, the 83-year-old mountain-boot firm in Mallorca, Spain. Sales for the first quarter of 2023 were down by 20 percent year-on-year, according to CMDsport, which spoke with sales director Mats Lindholm. Lindholm’s realignment is visible ...
-
News briefsTrekmates launches fully weatherproof hijab/niqab
Source: Trekmates Weatherproof hijab and niqab British outdoor brand Trekmates has worked closely with Amira Patel, the founder of The Wanderlust Women, a group offering a safe space for Muslim women outdoors, to create a fully weatherproof hijab & niqab. Together, they carefully selected technical materials to ...
-
News briefsJack Wolfskin signs with Irish distribution partner Bleubird
German outdoor company Jack Wolfskin has entered into a partnership with Bleubird. The Belfast-based outdoor lifestyle gear and brand distributor will now exclusively represent Jack Wolfskin in Ireland and Northern Ireland. Since its inception in 2016, Bleubird has built a strong network of trusted retailers throughout Ireland. Matt Creighton, founder ...
-
ArticleAlpkit opens tenth store
British B-Corp Alpkit opened its tenth and northernmost store at Ledge Climbing Gym in Inverness on April 15. Alpkit, a digital-focused brand founded in 2004, creates community hubs in outdoor activity hotspots such as the Lake District, Peak District and Snowdonia. Alpkit currently has nine other stores in the U.K., ...
-
ArticleFenix posts record Q1 sales but sees uncertain Q2 amid high inventories
Fenix Outdoor International reported sales of €180.0 million in the first quarter of 2023, a new record for the first three months of the year and up from €165.2 million for the year earlier, although margins remained under pressure amid inflation. Ebitda inched up to €31.2 million from €30.8 million ...
-
News briefsNomination committee formed ahead of RVRC’s AGM 2023
RevolutionRace (RVRC) has appointed three members who, together with the chairman of the board of directors, will form a nomination committee for the period leading up to its annual general meeting, which is expected to be held in November 2023. These three members are (in accordance with a resolution of ...
-
News briefsGramicci chooses London for first global store
Shaftesbury Capital, a real estate investment trust investing in London’s West End, including Covent Garden, Carnaby, Soho, Chinatown and Fitzrovia, has announced that U.S. outdoor brand Gramicci will make its global debut at Seven Dials in Covent Garden. The 130-sqm store at 3 Earlham Street will carry the brand’s minimalist ...
-
News briefsTerrex and NatGeo launch collab collection
Source: Adidas Terrex Adidas Terrex x National Geographic hiking collection Adidas Terrex announced a multi-year collaboration with National Geographic that will see the partners release high-performance outdoor apparel. The first collection was designed to celebrate the role of photography in the culture of outdoor sports – as ...
-
News briefsPeak Performance releases new product designed to close gender gap in the outdoors
Academic research in 2022 looking at the impact of menstruation in participation of outdoor and “adventure” activities found some stark results: 53 percent of women stated that menstruation/PMS had affected their participation in adventurous activities. A further 36 percent stated that their participation was sometimes affected. When it came to ...
-
News briefsBerghaus launches performance hijab
Source: Sandra Seaton The Berghaus hijab Berghaus has launched its first hijab suitable for a variety of outdoor activities. The product was developed in collaboration with brand ambassador Zahrah Mahmood, also known as the “Hillwalking Hijabi.” It incorporates technical materials and features to help remove barriers that ...
-
News briefsTentree renews its B Corp status
Canadian athleisure company Tentree, based in Vancouver, has renewed its B Corp certification, exceeding its initial score from 2016 by more than 40 points, scoring 136.2. The higher score comes from the company’s B Corp assessment, having improved Governance, Workers, Environment, and Customers sections. In 2022, Tentree, which pledges to ...
-
News briefsSea to Summit with new product execs
Australian adventure gear brand Sea to Summit has hired Bryan Davis as global head of product and Ashley Tyrrell as product manager. They will be based at the U.S. office, but will also be part of Sea to Summit’s global design team in Perth. Davis most recently led design and ...
-
ArticleAnalysis: More than half of the outdoor stocks make gains in Q1
Our Q1 Outdoor Index includes the revenue and profit development of 37 major outdoor companies.
