Hiking & Trekking – Page 6
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ArticleThule Group coped not too badly with challenging FY
Swedish Thule Group AB ended the challenging financial year with a year-on-year decline in sales of 9.9 percent to total sales of 9.13 billion Swedish kronor (€804.71 million), an operating result of SEK 1.51 billion (€133.08m, -11.8 percent) and a net profit decline of 13.8 percent to SEK 1.10 billion ...
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News briefsNewell Brands’ Outdoor & Rec segment needs a turnaround
Newell Brands Outdoor & Recreation segment that includes Coleman, CampingGaz, and Marmot is the company’s business unit “in most need of a turnaround,” President and CEO Chris Peterson told analysts as the Atlanta company reported Q4 and FY23 results. The Outdoor & Rec business, which has a new marketing ...
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News briefsOlang names Davide Calcagnotto new GM
Olang, the Italian brand specialized in footwear for trekking and the outdoors, has appointed Davide Calcagnotto as its new General Manager, effective Feb. 1. Calcagnotto will support Armando Sartor, the company’s founder, President and CEO, in outlining a strategic development plan for the coming years. Sartor founded Olang, based in ...
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ArticleThe North Face, EMEA stronger in ‘challenging’ VF quarter
VF Corp., whose current portfolio includes The North Face (TNF), Vans, Timberland and Dickies, among others, initiated a strategic review of its brand assets after reporting disappointing Q3 results “across the board” that included double-digits declines in total sales, wholesale revenues and for three of its main brands. The group, ...
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News briefsOboz presents its most responsible performance hiking boot yet
The new Cottonwood collection is Oboz’s most environmentally friendly line to date. Over 34 percent of the materials used come from ecologically preferred materials. These include bio-based EVA in the midsole, recycled PTFE laces and trims and 100 percent recycled polyester in the lining. In addition, significantly less water is ...
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ArticleSea to Summit acquires Cirdan, bolsters presence in Scandinavia
Australian adventure brand Sea to Summit Pty Ltd has announced the acquisition of Cirdan AS, its current distribution partner in Norway, Sweden and Finland, effective Feb. 1, 2024. Cirdan has a head office in Lorenskog, Norway, a sales office in Stockholm, Sweden, and an agent office in Helsinki, Finland and ...
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ArticleStrong Asia-Pacific sales bolster Canada Goose in Q3
Increased demand for luxury goods in China contributed to a reported 62 percent increase in Asia-Pacific sales at Canada Goose to C$270.7 million (€186.3m) for the third quarter ended Dec. 31. All other geographies posted double-digit declines in sales, including a 26 percent decline in the EMEA to C$86.8 million ...
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ArticleColumbia sees ‘challenging’ year, sets profit and growth plan
With a warm winter and a difficult US marketplace to contend with in its seasonally strong final quarter of the year, Columbia Sportswear reported a 27 percent drop in operating income to $113.1 million from $155.4 million and a 9 percent decline in total revenues to $1.06 billion from $1.17 ...
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News briefsNemo partners with Out&Back Outdoor for resale in the USA
With the expansion of its Endless Promise Collection in 2024, which focuses on creating gear that can be repaired, resold and ultimately recycled when it has completed its last adventure, US-based outdoor gear and accessories brand Nemo has partnered with Denver-based Out&Back Outdoor to provide US consumers with an easy ...
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ArticleYeti acquires Mystery Ranch
Texas-based outdoor company Yeti Holdings, Inc., maker of coolers, hydration solutions and bags, has signed an agreement to acquire Montana-based backpack specialist Mystery Ranch. “[Mystery Ranch’s] ethos, passion and people not only align with the Yeti team, but also connect well with our commitment to innovation and our customers,” commented ...
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News briefsRVRC’s Q2 sales, net increase double-digits
Swedish DTC outdoor company Revolution Race (RVRC), bolstered by double-digit sales increases in both the DACH and the Rest of the World regions, achieved double-digit sales, Ebit and net income increase for its Q2 ended Dec. 31. RVRC realized a 36 percent year-over-year gain in operating profit (Ebit) to 143 ...
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ArticleTernua Group has optimized, will now consolidate
Ternua Group has ended 2023 with a 10 percent increase in sales, from €31.5 million to €34.7 million, or just shy of its projected €35 million, according to Modaes. “We began the year with good prospects in terms of both replenishments and direct activity,” explained CEO Jokin Umerez. He said ...
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ArticleTravis Campbell: The Future of travel and how Eagle Creek plans to benefit from it
What has changed at Eagle Creek since Campbell’s 2021 takeover, how much has the company grown, and what are the challenges ahead?
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News briefsNew CTO at Fenix Outdoor
Source: Fenix Outdoor Eefje Jacques Fenix Outdoor has announced that its CIO Jan Lindmark will retire on April 1, 2024, while remaining with the group as an external consultant. Lindmark joined Stockholm-based Fenix Outdoor in August 2022 and led an overhaul of the company’s technical department, establishing ...
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News briefsCourt approves reorganization plan for Swedemount Sportswear & Fashion
On Jan. 26, 2024, the District Court of Gothenburg decided to approve the reorganization plan for Swedemount Sportswear & Fashion AB. The majority of the company’s suppliers and creditor groups voted in favor of approving the restructuring plan. “We look forward to further expanding our cooperation in the future,” said ...
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News briefsZamberlan names new rep for Southeast, South Central USA
Zamberlan, the third-generation Italian bootmaker founded in 1929, announces the addition of Odle Sales as its new manufacturer’s representative agency in the Southeast (Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, Tennessee, Virginia) and South Central (Texas, Arkansas, Oklahoma, Louisiana) regions of the US. Founded in 1983, Odle Sales has ...
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OpinionRecap: The British Snowsports trade show Slide/OTS Winter
Telford hosted the British Snowsports trade show Slide/OTS Winter again, but this time with MCS (who provide the back-office services for the Outdoor Industries Association) in the organizer role. Imagine a smaller version of ISPO – but with the snow, brands included and a lower price for being there. A ...
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ArticleNew Head of Finance at Vaude
Melissa Wach is the latest member of Vaude’s management board. She joined the company in December and is responsible for the finance department. Wach has taken over the role of CFO from Erwin Gutensohn, who has retired. He successfully shaped financial management at Vaude for over 30 years and laid ...
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News briefsHanwag's new Head of Development
Source: Hanwag Christoph Hühnerbein The German hiking and mountaineering boot manufacturer Hanwag, founded in 1921, has appointed Christoph Hühnerbein as the new Head of Research and Development. Hühnerbein has been leading the 8-strong team since Oct. 1, 2023. With experience at leading companies in the industry such ...
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ArticleRiethmann retires from the management of Lowa
Source: Kerstin Rysavy Werner Riethmann After more than 30 years in management, Werner Riethmann retired from the active management of Lowa Sportschuhe GmbH at the age of 75 at the end of December 2023. However, he will remain with the Southern German hiking and mountain footwear specialist ...
