Latest News & Analysis – Page 115
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ArticleCake partners with Goldwin in Japan
Cake, the Swedish manufacturer of lightweight e-motorcycles, has signed a three-year partnership agreement in Japan with premium sportswear manufacturer and distributor Goldwin Inc. The partnership draws on Goldwin Inc.’s 70 years of experience and well-established network in manufacturing, distribution, sales and branding, working with premium sports and outdoor brands such ...
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ArticleMoncler's momentum continues
Moncler, through the issuance of an interim report, said consolidated group revenues on a constant-currency basis rose 32 percent during the first nine months of 2002 to €1,556.6 million. Third-quarter group sales increased 12 percent year-over-year on a constant-currency basis to €638.3 million. Moncler brand nine-month revenues were 21 percent ...
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ArticleHoka strides ahead for Deckers in Q2 with record sales
Deckers Brands has posted a strong rise in second-quarter net sales, driven by record revenue growth at its Hoka and Ugg brands. Net sales for the three months to Sept. 30 rose 21 percent year on year to $875.6 million. On a constant currency basis, the increase was 25 percent. ...
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ArticleRugged outdoor footwear market rebounds in 2021
After a disappointing 2020, impacted adversely by the global pandemic, the global branded outdoor shoe market returned to growth last year. Worldwide rugged outdoor footwear sales climbed 28 percent higher to $6,756 million in U.S. dollars in 2021, based on research conducted by the Outdoor Industry Compass in partnership with Sporting Goods Intelligence.
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ArticleThe place to be for fabric geeks: Performance Days (and the Functional Fabric Fair)
With ISPO moving forward to the slot in the calendar that the ingredient-sourcing exhibitions of the outdoor and sports industries had, those shows have come forward too. Last week was the Functional Fabric Fair (FFF; the U.S. version), and at the end of this week will be the original show: ...
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ArticleColumbia Sportswear sees Q3 sales jump 19% as margins squeezed, inventories pile up
Columbia Sportswear posted record revenues of $955.0 million in the third quarter, up by a reported 19 percent on the year earlier and 22 percent higher at constant currency rates, as its top line benefited from the more favorable timing of Fall ’22 shipments compared to the year earlier. The ...
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ArticleOrtlieb and Driver Berlin cooperate on upcycling
Source: Ortlieb Scrap material is generated during production at Ortlieb, which the company is now handing over to Fahrer Berlin for upcycling. Both the German pioneer of waterproof outdoor and bicycle bags and backpacks Ortlieb Sportartikel GmbH and the comparatively young bicycle accessories brand Fahrer Berlin GmbH ...
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ArticleClosing the textile loop: Think circularity at every stage
“Talk to us at the beginning, not the end.” OnceMore’s Angeline Elfström on enabling a circular textile system throughout the value chain.
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ArticleSlumping bike product sales cause double-digit sales decline at Thule Group in Q3
More expensive raw materials, higher freight costs, unfavorable exchange rates, etc. – initially, Thule Group AB was still somehow able to offset the effects of the Russian invasion of Ukraine with price increases and efficiency measures. But even then, the Swedish company explicitly referred to the unstable market situation in ...
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ArticleSwedish sports retail sales decreased by 4.7 percent in Q3 2022
The Sportindex, a Swedish industry index produced by the Swedish Sports Forum in cooperation with HUI Research, shows that total sales in sports retail decreased by 4.7 percent in the third quarter of 2022 compared to the same period last year, making it the third consecutive quarter with negative development ...
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ArticleThe Big Gear Show moves to Denver, includes consumer days
Source: BGS The switcheroo game between Utah and Colorado and its outdoor trade shows continues. The organizers of The Big Gear Show (BGS), the exclusive hardware trade show launched in 2020, and the new e-bike trade show (e)revolution plan to hold them simultaneously on June 8-11 at ...
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ArticleVF Corp. adapting to softer consumer environment, drops FY outlook
VF Corp is maintaining its full-year revenue growth guidance of 5-6 percent, citing its balanced portfolio and a building recovery in China as two examples, but has lowered expectations on some key financial metrics due to currency headwinds, higher inventory levels and a more promotional environment. The North Face parent ...
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ArticleNorrøna x Ulysse Nardin’s exclusive product combo with environmental message
Source: Norrøna Norrøna’s arctic Gore-Tex Pro Ulysse Nardin Edition jacket Norwegian outdoor specialist Norrøna has launched a collaboration with Swiss luxury watch brand Ulysse Nardin. The exclusive collaboration centers on the Norrøna arctic Gore-Tex Pro Ulysse Nardin Edition jacket and the Ulysse Nardin Diver Norrøna Arctic Night ...
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ArticlePatagonia employees and founder among winners of Swedish Fabric of Life Award
The Fabric of Life Award The Fabric of Life Award was founded in 2021 by Sweden’s leading fashion entrepreneur, Paul Frankenius, in honor of the 400th anniversary of the city of Boras, his hometown and the capital of Sweden’s textile industry. This year’s winners were announced on ...
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ArticleBergans launches first backpack compatible with Safeback SBX survival system
Bergans has developed the world’s first backpack compatible with the Safeback SBX technology. Prior to the official launch, both the backpack and the technology – the latter patented in Norway and patent pending in the EU, U.S., Canada and Japan – have won separate ISPO Awards. Safeback SBX ...
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ArticleRegatta Group strengthens leadership team
U.K.-based Regatta Group, the parent company of the Regatta, Craghoppers and Dare2b brands, has announced two new senior leadership positions. Dr. Orla Flynn started her role as the new chief operating officer in October, replacing longtime employee David Holt, who will retire next summer and no longer serve on the ...
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ArticleTwo-thirds of Odlo’s products now made from recycled or natural fibers
Just in time for Global Sustainability Day on Oct. 25, Odlo announced that it has reached another sustainability milestone: 66 percent of its total production is now made from recycled or natural fibers. This represents a further 15 percent increase year-on-year. In recent years, Odlo says its use of ...
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ArticleSRAM veteran transfers to World Bike Relief
Source: SRAM David Zimberoff After nearly 30 years in the bicycle industry, “DZ” David Zimberoff will soon leave his position as vice president of marketing at U.S. bicycle component manufacturer SRAM Group (Avid, Hammerhead, Quarq, SRAM, Rockshox, Time Sport, Truvativ, Velocio, Zipp brands) to focus on a ...
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ArticleShimano defies slowing demand with results above pre-Covid level
Triggered by the Russian invasion of Ukraine, global shortages in raw material and energy supply, as well as rising raw material prices, will have a direct impact on the business of Shimano Inc. Nevertheless, demand for bicycles and fishing tackle remained stable in the first three sales quarters of fiscal ...
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ArticleOutdooractive becomes a founding member of the Tourism Tech Alliance (TTA)
Outdooractive, a pioneer of decentralized data collection, hierarchical data management and organized data distribution for more than 15 years, has joined Neusta DS, Infomax and Land in Sicht as a founding member of the Tourism Tech Alliance (TTA), an association of the leading technology companies in tourism. With the TTA, ...
