All Hiking & Trekking articles – Page 90
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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 ...
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News briefsEuropean Outdoor Group in search of brand partners for European merino project
After carrying out a small feasibility study around the possibility of growing European merino wool earlier, the European Outdoor Group (EOG) is currently in funding negotiations with the German Federal Agency for Agriculture and Food to let the project come live. According to EOG’s sustainability manager Katy Stevens, “it is ...
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ArticleRevolutionRace keeps up sales momentum
Swedish DTC outdoor company RevolutionRace (RVRC) says it is seeing continued robust growth at the start of the third quarter of its fiscal year, after sales in the second quarter increased by 58 percent to 392 million Swedish kronor (€37.5m-$42.8m) amid continued strong demand for multifunctional garments. On a constant ...
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News briefsNew DITF carbon production technology gets awarded
The German Institutes of Textile and Fiber Research Denkendorf (DITF) was awarded for its HighPerCellCarbon fibers made from wood in a novel and sustainable process. The technology involves the wet spinning of cellulose fibers using ionic liquids as direct solvents. No waste gases or toxic by-products are produced during the ...
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ArticleCalida completes sale of Millet Mountain Group
As previously reported, the Calida Group in late December received a binding offer from Jean-Pierre Millet, together with Inspiring Sport Capital, to sell the Millet Mountain Group, which includes the Millet and Lafuma Outdoor brands. Calida now reports that it has received the final approval of the French work council ...
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News briefsJack Wolfskin appoints new GM for China
Jack Wolfskin has appointed Matthew Jung as its new general manager for China, effective Feb. 9. In this role, the U.S. citizen will be responsible for implementing the company’s new strategic brand direction with the claim “We Live to Discover” and developing Jack Wolfskin’s omnichannel strategy in China. ...
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ArticleDeckers expects 19-20% growth for the fiscal year
Deckers Brands, the parent company of Hoka, Teva and other brands, is currently forecasting revenues of $3.03-3.06 billion for the full financial year ending March 31, indicating a growth of between 19 and 20 percent. It expects to book a gross margin of less than 51.5 percent for the year, ...
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ArticleColumbia exceeds forecast, driven by DTC
Despite persistent supply chain disruptions that negatively impacted its wholesale revenues, Columbia Sportswear reported impressive fourth-quarter results on the strength of its Direct-To-Consumer and e-commerce businesses and an improvement of 1.6 percentage points in the gross margin to 52.2 percent, as higher freight costs were more than offset by a ...
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News briefsArc’Teryx hires former Lululemon CFO
Source: Arc’teryx Chris Tham Arc’teryx Equipment has appointed Chris Tham as the company’s first-ever chief financial officer. In this newly created position, he will report directly to CEO Stuart Haselden. The appointment is effective Feb. 21, 2022. Tham has more than 20 years of finance and strategic ...
