All Hiking & Trekking articles – Page 80
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News briefsGregory sales decline slightly in Q1, impacted by Asia and Europe
Samsonite International reported that Gregory Mountain Products sales declined 4 percent to $15.1 million in Q1 2022 from $15.8 million a year earlier, making it the only Samsonite brand to report a decline in the period. Sales in North America increased 5 percent due to the easing of social distancing ...
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News briefsHelly Hansen pauses Russian ops; Q1 sales up 24 percent
Helly Hansen has “temporarily paused” its operations in Russia due to the war in Ukraine, the company’s publicly traded parent Canadian Tire Corporation (CTC) has announced in a filing. The outdoor brand’s business in Russia consists of 41 retail stores and an e-commerce site, employing more than 300 total. CTC ...
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News briefsJack Wolfskin positioned for growth as Callaway lifts group guidance
Callaway Golf raised annual guidance after a strong first quarter, driven by its Topgolf driving range venues, strong performances from its other segments and positive signs from its Jack Wolfskin brand. Revenue for the three months to March 31 rose 59.6 percent to $1.04 billion (€990m). Adjusted Ebitda was up ...
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News briefsBig Agnes opens new European headquarters
Colorado-based outdoor equipment brand Big Agnes has opened its new European headquarters in Amsterdam, from which it will directly serve its core European markets, including the Benelux countries, Scandinavia, the U.K. and France. By the end of next year, five employees will be working there in customer and dealer service, ...
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News briefsHaglöfs promotes Sara Lindqvist to new head of business development
Haglöfs has hired Sara Lindqvist as head of business development to take responsibility for future business models for the brand and bringing new ideas to life. The hiring of Lindqvist is related to a new business unit at Haglöfs, “New Ventures,” which focuses on models outside of the brand’s core ...
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News briefsExped steps into new distribution partnerships in Austria and France
Zurich-based company Exped is expanding its brand presence in Austria and France and altering its distribution model for Austria. As of Sept. 15, 2022, the Austrian market will be served by Exclusiv Sportartikelvertrieb GmbH, which also carries Italian footwear specialist Scarpa as a sales agency. Thomas Miedl will be the ...
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News briefsTNF commits to support wilderness clean-up projects via EOCA
For the third year running, The North Face (TNF) has chosen the European Outdoor Conservation Association (EOCA) to find and manage environmental projects to be financially supported by the brand’s fund. Five projects in four European countries have been picked by EOCA and will be supported with ...
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News briefsPrimus starts global outdoor cooking content hub in three languages
Swedish cooking equipment specialist Primus has launched a new platform for outdoor recipes. Besides blog content and packing tips, the Primus Camp website is a source of recipes for outdoor cooking and will be updated regularly with new meals, as the company states. “Cooking in the outdoors should feel easy ...
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ArticleRevolutionRace sees 50% Q3 sales gain despite supply chain problems
RevolutionRace (RVRC), the Swedish DTC outdoor company, continued to grow rapidly in the third quarter of its financial year, as sales increased by 50 percent to 367.4 million Swedish kronor (€34.6m) despite persistent supply chain problems for some of its products. On a constant currency basis, sales in the three ...
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News briefsVitrolab finishes Series A funding, receives investment from Leonardo DiCaprio
Actor and climate activist Leonardo DiCaprio has invested capital in VitroLabs Inc., a California-based design company founded and run by Icelandic fashion designer Ingvar Helgason. The company has just closed a Series A funding round, getting Agronomics, Bestseller’s Invest FWD, Kering, Khosla Ventures, New Agrarian and Regeneration.VC on board, besides ...
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News briefs
Hubaco Group brands Terra Nova, Wild Country and Extremities become employee owned
The founders of the British Hubaco group, Andy Utting and Carolyn Budding, have transferred their ownership to an employee ownership trust that will run the brands Terra Nova Equipment, Terra Nova Expeditions, Field Candy, Wild Country, Extremities and sister company YourSchoolUniform.com Ltd in the future. Sylwester Wacht was appointed as ...
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News briefsCoDi’s consumer business driven by Boa
Compass Diversified’s (CoDi) branded consumer business was led by Boa Technology in the first quarter ended March 31 as the closure system brand generated a 75 percent increase in adjusted Ebitda to $24.9 million from revenue growth of nearly 56 percent to $56.8 million as compared to $36.5 million. Elsewhere ...
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ArticleVista Outdoor to separate into two; Q4 and FY profits soar
Vista Outdoor, which currently has a portfolio of 39 brands, including five it acquired over the last year, intends to separate its outdoor products and sporting products segments into two independent, publicly-traded companies. The current completion date for the transaction is sometime in 2023, when Vista sees additional acquisitions before ...
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News briefsIcebreaker promotes Josh Vaughan to general manager EMEA
Source: Icebreaker Josh Vaughan Josh Vaughan, a long-term Icebreaker executive who had been sales director EMEA for the last two years, has been promoted to the position of general manager EMEA for the brand. According to Icebreaker’s parent company, VF Corp, Vaughan will report directly to Jan ...
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News briefsTyler LaMotte is Patagonia’s new marketing director, EMEA
Source: Martin Dijkstra Tyler LaMotte Patagonia has hired Tyler LaMotte as its new marketing director, EMEA. A goal-oriented brand developer with more than 20 years of experience in the outdoor industry, he will be responsible for the company’s marketing strategy across the EMEA region. In his new ...
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ArticleRocky Brands almost doubles Q1 net sales driven by strong wholesale performance
U.S. footwear company Rocky Brands’ sales for the three months to March 31 rose 90.5 percent year on year to $167.0 million. The figure includes $64.0 million in net revenue from the company’s Boston Group, compared with $6.5 million in the same period last year. The Boston group includes The ...
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News briefsSTC Distribution with new operational manager
Source: STC Distribution GmbH Markus Haid, new operational manager for Therm-ic and Sidas, DACH Since March 1, Katharina Spar has joined marketing manager Jan Otto as junior marketing manager at the Austrian company STC Distribution GmbH, which is responsible for sales of the Sidas and Therm-ic brands ...
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News briefsOsprey's CEO steps down
Osprey Packs announced that CEO Layne Rigney is leaving the company after nearly six years. He had recently led the brand through its acquisition of Helen of Troy, which, with the help of the Osprey acquisition, saw a 14% increase in sales in the fourth quarter. The remaining Osprey leadership ...
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News briefs
Newell Brands’ outdoor sales lifted by early retailer orders
Newell Brands’ outdoor and recreation division’s first-quarter sales increased by 15 percent to $388 million, bolstered by accelerated orders of seasonal products by retailers, as operating income tripled to $45 million. Brands within the segment include Aerobed, Bubba, Campingaz, Coleman, Contigo, Marmot and Stearns. Core sales were 22.9 percent ...
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Article50 years after the sale of the brand, the Millet family has taken back the lead
Source: Millet Jean-Pierre Millet Millet Mountain Group, formerly part of the Swiss Calida Group and owner of the brands Lafuma and Millet, has completed its acquisition by the new main shareholder Jean-Pierre Millet (grandson of the brand Millet’s founders) and Inspiring Sport Capital, a private equity fund ...
