All Hiking & Trekking articles – Page 85
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ArticleCanadian Tire beats sales estimates in Q4 as consumers splurge on sports goods
Toronto-based Canadian Tire Corporation (CTC) reported better-than-expected fourth-quarter revenue, driven by a surge in spending on sporting goods, garden equipment and home decor during the Christmas season, along with higher fuel prices at its petrol stations. The company, which owns the Norwegian outdoor brand Helly Hansen, said total revenue for ...
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News briefsMatthias Mayr joins Outdoor against Cancer as new CEO
Outdoor against Cancer (OAC), a nonprofit organization promoting outdoor activities and a healthy lifestyle for cancer patients and their families, has hired Dr. Matthias Mayr, a former pro freeskier who has been an OAC ambassador since 2016, as its new CEO. Mayr is also the founder of the sports equipment ...
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ArticleHaglöfs reports record year
Haglöfs has announced – without releasing figures – that it achieved strong sales and record profits in 2021. The company attributes the positive performance to continuous improvements in its brand experience, products, and distribution channel mix. Haglöfs has also raised the bar for its sustainability work with an ambitious new ...
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News briefsKamik with new CEO
Gillian Meek has been hired as the new CEO of Kamik, a family-owned Canadian company. Meek was previously president of Keds, a brand of canvas sneakers and leather shoes owned by Wolverine Worldwide. Meek was part of Wolverine’s senior leadership team. She is also a member of Women in Footwear ...
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News briefsPortugal adopts new and stricter rules for the labeling of leather substitutes
The Portuguese government adopted new regulations (Decreto-Lei n.o 3/2022) at the end of January 2022 to label all textile products that are man-made to replace genuine leather and also established fines for companies that do not comply. The new law defines the term leather and specifies its use. Accordingly, the ...
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ArticleAn increasing number of brands is entering the apparel rental business
For outdoor and sports equipment brands, the rental business is an essential pillar for a sustainable business. And now, a growing number of companies are offering apparel as well. Here’s an overview.
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ArticleFootwear industry: Inflationary pressure increases on a broad front
Thanks to the collective work of the editorial teams of our sister publications Shoe Intelligence and SGI Europe, we have put together a comprehensive analysis of the impact of inflation on the footwear industry. The editors tried to cover the economic, industrial, financial and some social aspects of inflation focusing ...
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ArticleKathmandu is on track for better results
In its second quarter, the profits improved at Kathmandu Holding, which ended Jan. 30, despite the global pandemic’s impact on trading conditions and persistent supply constraints on the group’s Oboz business. In the first quarter, factory shutdowns at Oboz’s suppliers in Vietnam, as previously reported, left the company unable to ...
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ArticleColeman helps boost Q4 sales at Newell Brands outdoor unit
Final quarter sales at Newell Brands Outdoor & Recreation division rose to $304 million from $249 million a year ago, as growth in the outdoor equipment and beverage categories offset a slight decline in technical apparel. Core sales at the division, home of the Coleman, Campingaz and Marmot brands, grew ...
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ArticleCallaway sees continued robust growth, Jack Wolfskin relaunch progressing well
Callaway Golf predicted another year of robust topline growth in 2022, after revenues in the fourth quarter jumped by 90.0 percent to $711.7 million, benefiting from “strong momentum” at Jack Wolfskin and TravisMathew and the addition of Topgolf earlier in the year. The growth for the new year is expected ...
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ArticleNew Wave’s sales growth driven by Sports & Leisure
The Swedish-based New Wave Group, which owns sports brands like Craft and Cutter & Back and distributes several others, saw total sales in the last quarter increase by 23 percent to 2,307 million Swedish kronor (€218.7m), with the growth driven by its Sports & Leisure segment. At constant currency rates, ...
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News briefsEuropean Environment Agency publishes new briefings on circular design and microplastic pollution
The European Environment Agency (EEA) has just released two new briefings relevant to the textile supply chain from fiber to product. In the paper, the agency points out that textiles caused in 2020 the third-highest pressures on water and land use and the fifth-highest use of raw materials and greenhouse ...
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News briefsSustainable Apparel Coalition starts new project for due diligence in the supply chain
The nonprofit Sustainable Apparel Coalition (SAC), an organization that advocates for sustainable practices in the consumer goods industry, has partnered with the Initiative for Global Solidarity (IGS) to coordinate a new project to promote industry-wide convergence of methodologies for assessing environmental, social and labor conditions in the apparel and footwear ...
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ArticleCanada Goose cuts guidance as sales, retail traffic disappoint
Canada Goose cut its guidance for the full year, citing lower-than-expected revenues and retail traffic in EMEA and APAC regions in the ongoing fourth quarter of its financial year due to new restrictions imposed in the wake of outbreaks of the Omicron coronavirus variant. The company now expects to post ...
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News briefsOrtovox expands its management team
Stefanie Rieder-Haas and Michael Sieber have joined the management team of German outdoor company Ortovox, effective Jan. 1. Christian Schneidermeier remains the sole managing director. Along with the personnel change, however, Ortovox is restructuring internally in order to adapt processes to the changing market conditions. The result are three new ...
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News briefsBach to launch tents and outdoor furniture this summer
The Swiss company Bach Backpacks changes its name to Bach Equipment: by acquiring product lines and production details from the Dutch brand Nigor and integrating its design team, the company is now expanding its portfolio to include tents and furniture. According to Bach, even its expertise in backpack design and ...
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News briefsLa Sportiva posts 28% sales increase despite Covid-19 uncertainty
La Sportiva has seen its revenues jump by 28 percent in 2021 and anticipates another 10-15 percent increase in 2022. The positive performance, which widely exceeded the company’s expectations, was primarily attributed to investments in advanced technologies and digitalization. To thank its staff for the outstanding result, the company’s board ...
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ArticleFenix reports records for Q4 thanks to sales increase and despite Omicron hit
Fenix Outdoor International has reported record fourth-quarter earnings driven by surging sales in its Frilufts segment and the delivery of goods delayed in the previous three months from the Brands division. The company said net sales for the three months to December 31 rose by 33 percent to €196.5 million ...
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News briefs
British retailer Ardblair Sports recruits Hanwag brand manager
Ardblair Sports Importers Ltd, the British distributor of Leki and Aku, has hired Chris King to replace sales manager Lilian Sullivan, who will leave the company on March 31. King joins from Fenix Outdoor UK Ltd, where he was Hanwag brand manager for the U.K. He will report to Kirsten ...
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News briefsArtilect ignites next stage of A/SYS clothing system
After starting its premiere season fall/winter 2021/22 with its A/SYS-1 and A/SYS-2 clothing system styles, i.e. base layers and next layers (midlayers), the newcomer brand Artilect from Boulder, Colorado, is now following up with the product groups A/SYS-3 to A/SYS-5 for fall/winter 2022/23: insulayers, breathable vapor layers and weatherproof mission ...
