All Hiking & Trekking articles – Page 8
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News briefs
Revolution Race’s Q1 net rises 36% on strong sales growth
Fueled by 44 percent growth in its Rest of World region, the Swedish DTC outdoor company Revolution Race (RVRC) generated 24 percent revenue growth to 342 Swedish kroner (€29.2m) for its first quarter ended Sep. 30. Adjusted Ebit, excluding SEK 12 million in costs related to an incentive program, improved ...
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News briefs
New Wave's operating profit dips despite 5% sales growth
New Wave Group reported a 10.9 percent decline in Q3 net profit to 270.9 million Swedish kroner (€23.2m) from SEK 304.0m for the three months ended Sep. 30. Period operating profit declined by 4.2 percent to SEK 381.1 million (€32.6m) despite 5 percent revenue growth to SEK 2.34 billion (€199.8m) ...
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Article
SOG gains importance after the pandemic: “What we do generates interest”
Source: SOG David Nordblad In the wake of the pandemic, David Nordblad started in the role of Secretary General for the Scandinavian Outdoor Group (SOG). Since then, he has been occupied with various responsibilities, and he notes a sustained interest in joining the organization. In fact, SOG ...
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News briefs
Craghoppers partners with British conservation charity
British outdoor clothing brand Craghoppers has collaborated with the independent conservation charity, the National Trust, to create a sustainable clothing collection launching in AW24. Inspired by the countryside under the National Trust’s care across England, Wales and Northern Ireland, the collection’s color palettes are designed to reflect a crisp autumn, ...
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News briefs
Vaude receives Reuters Business Transformation Award
German outdoor outfitter Vaude has won the internationally coveted Business Transformation Award 2023, which honors the world’s best companies committed to sustainability. Hilke Patzwall, Vaude Sustainability Manager, and Jan Lorch, Vaude Managing Director Sales & CSR, accepted the award in London on Nov. 1. They made the long journey from ...
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Article
Polartec announces Apex Award winners 2023
Polartec has announced the winners of the Polartec Apex Awards 2023. The annual design award recognizes brands and designers that embody Polartec’s Made To Go Beyond ethos. The winning garments – selected from hundreds of entries that improve the lives of those who wear them – embody ...
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News briefs
Reorganization at Ortovox with new, six-person Executive Board
After Ortovox expanded to a three-person management team in February 2022 “to adapt processes to the changing market conditions,” the German mountain sports specialist has now decided to focus on more streamlined structures (for almost the same reasons – “to meet the changing market conditions and the diverse challenges”). As ...
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News briefs
Rab and Lowe Alpine with new distribution partner in Austria
Source: Ibex Thomas Span With the start of the HW24 sell-in season, the Austrian specialist retail partners of the British Equip brands Rab and Lowe Alpine will be supported by Ibex Sportartikel GmbH, led by Thomas Span. Ibex brings many years of industry knowledge and a great ...
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Article
VSSÖ: Austria’s outdoor market remains stable
Despite the economic challenges in the 2022/2023 season, the Austrian outdoor industry was able to maintain its sales at a high level according to the latest market figures published by ARGE Outdoor (the specialized interest group of the Austrian outdoor sporting goods industry, which was founded in January 2023 and ...
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News briefs
Berghaus launches “Cold Studies” marketing campaign
British outdoor brand Berghaus, part of Pentland Brands, has launched a new campaign to promote its latest collection of insulated apparel, timed alongside the launch of its new autumn/winter range. Dubbed “Cold Studies,” the new long-term platform is meant to inspire outdoor enthusiasts to seek out cold-weather adventures while also ...
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Article
SSU: What has happened so far – and what may still come
In a joint statement, the two insolvency administrators appointed, Dr. Christian Gerloff from the Munich law firm Gerloff-Liebler Rechtsanwälte and Stefan Meyer from Ulm-based Pluta Rechtsanwalts GmbH, point out that the operational business of the two insolvent Signa Sports United (SSU) spin-offs Tennis-Point GmbH and Internetstores GmbH (alias Internetstores Group, ...
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Article
Deckers publishes ESG report for FY23
Deckers Brands, owner of a portfolio of brands including Ugg, Hoka, Teva, Sanuk and Koolaburra, has published its Corporate Responsibility and Sustainability Report called Creating Change for the 2023 financial year. The report builds on the progress the company has made towards its sustainable development goals in the areas of ...
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News briefs
Three Swiss brands collaborate to develop a new outdoor jacket
Source: Mammut Available in two colors for both men and women: the new Extraordinary Jacket Three Swiss brands from different sectors have joined forces to create a new, innovative outdoor jacket that, according to the manufacturers, “is not only extraordinary in its ability to keep the wearer ...
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News briefs
Patagonia collaboration brings repairs to the UK
Patagonia has once again teamed up with United Repair Centre, to open a new repair center in London, handling its UK repairs business. The newly-opened location is also in collaboration with the social enterprise, Fashion-Enter. The UK-based center is the second of its kind, with a repair center opened in ...
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Article
Garmin posts strong Q3 results
Bolstered by double-digit percentage growth in revenue, operating income and net income and record Q3 sales in four of five segments, Garmin reported a 12.9 percent increase in operating income to $270.4 million for the period ended Sept. 30 as net income came in 22.0 percent higher at $257.2 million ...
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Article
Arc’teryx announces partnership with Aluula Composites
Arc’teryx Equipment is partnering with composite materials manufacturer Aluula Composites to further develop Arc’teryx’s product offering using new and innovative ultra-lightweight fabrics. The two Canadian brands, based in North Vancouver and Victoria, BC, respectively, are committed to developing high-performance products for outdoor athletes and are culturally very similar. The Arc’teryx ...
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News briefs
China aims to build €385bn outdoor sports industry by 2025
According to the government news agency Xinhua, China aims to develop outdoor sports into an industry worth 3 trillion yuan renminbi (€386 billion) by 2025, according to a government action plan released last week. The action plan, which covers the period from 2023 to 2025, aims to boost the construction ...
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News briefs
Newell Brands reports quarterly loss for Outdoor & Rec business
The third quarter operating loss in Newell Brands’ Outdoor & Recreation segment, which includes Coleman and CampingGaz, was $42 million against a profit of $6 million for the three months ended Sept. 30. The results include a non-cash impairment charge of $22 million. The normalized operating loss was $7 million ...
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Article
Deckers raises full-year guidance again on continued strength of Hoka, plans to divest Sanuk
Bolstered by sales contribution from its Ugg brand and continued momentum in its Hoka business, Deckers Brands generated a 76 percent increase in Q2 operating income to $224.6 million on nearly 25 percent total net sales growth to $1.09 billion for the three months ended Sept. 30. Net income was ...