Latest News & Analysis – Page 129
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ArticleWeyco Group says Forsake brand will gain traction in 2023
Weyco Group sees Forsake, the waterproof boot and sneaker brand it acquired for $2.5 million in June 2021, beginning to grow next year with a strategy that is currently in development. The brand targets 25- to 40-year-old consumers split evenly between men and women and focused on adventure enthusiasts. In ...
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ArticleOutdoor and sports industries create support initiatives for people affected by war in Ukraine
A wave of solidarity with both the refugees and the people of Ukraine is underway, and many practical initiatives have been launched in the last two weeks, many of which came from the players in our industry. The longer the war lasts, the clearer it becomes that only specific product ...
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Newell Brands sets new sustainability goals in annual report
Atlanta-based Newell Brands Inc. (owner of Coleman and Campingaz, among others) has published its 2021 corporate citizenship report, highlighting the progress made against the goals set on operations, sustainability, diversity and inclusion. The biggest news from the report is the company’s official announcement of the goal to ...
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ArticleClarus open to buy more “Super Fan” brands after record year
Clarus Corp., whose expanding portfolio now includes seven brands and three operating segments, generated a 99 percent increase in fourth-quarter net income to $14,046,000 from $7,069,000 on 56 percent topline growth to $118,183,000 from $75,947,000 for the period ended Dec. 31. Sales increased by 34 percent in the U.S. to ...
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ArticleNew Global GM for Gregory in the U.S., new structure for Europe
Source: Gregory John Sears Gregory Mountain Products, one of the leading backpack manufacturers for more than four decades and headquartered in Salt Lake City, Utah, just revealed the appointment of John Sears to the company’s new global general manager, as of January. Sears has been with the ...
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ArticleSport 2000 Germany reports best result in company history; Outdoor particularly on the rise
Sport 2000 GmbH continues to grow in Germany. The factored purchasing volume and external sales of the affiliated partner companies in Germany gave Sport 2000 the best result in the company’s history in 2021. As a result, Sport 2000 defends the position it already held in 2019 as Germany’s largest ...
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ArticleUlrika Björk: “Appoint more women to the board”
Only one-fifth of all women in top management at the top-selling sports apparel companies are female. This is the result of our analysis on the occasion of International Women’s Day 2022. It’s a different story at ingredient brand Polygiene. Here, 4 of the 6 senior managers are female, and the ...
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ArticleEOG opens up to organizations from the wider value chain; board changes announced
The European Outdoor Group (EOG) held its 2021 Annual Assembly digitally on Feb. 17. During the meeting, the EOG members agreed to a proposal to accept new members from the wider value chain. They will now be able to apply to join the association in the non-voting Associated Membership category. ...
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ArticleSara Molnar: “As a modern leader, diversity must be on your agenda”
Eva Karlsson (Houdini), Antje von Dewitz (Vaude), Kari Traa (Kari Traa), formerly Rose Mercario (Patagonia), Ulrika Björk (Polygiene), Annica Rantala (Stronger) or Pernilla Nyrensten (Revolution Race) – just to mention a few, are female leaders within the sporting goods / outdoor industry. But fundamentally, the industry is male-dominated, as our ...
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ArticleWomen in the outdoor and sports business: Facts and figures on International Women’s Day
#BreakTheBias is the slogan for International Women’s Day 2022, and many sports and outdoor brands are also using the slogan together with the hashtags #InternationalWomensDay and #IWD2022 for their own campaigns in the “Women’s Month of March.” On the occasion of Women’s Day, SGI Europe examined the quota of women ...
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ArticleCalida Group posts record profit of CHF 24.3 million
The Swiss Calida Group has announced its 2021 financial statements without details about the Millet Mountain Group segment, which has been sold earlier this year to the grandson of Millet’s founder together and Inspiring Sport Capital as part of its focus on the core underwear and lingerie segment (“Accelerate Strategy”). ...
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ArticleThe outdoor industry is teaming up to take a new approach to combating the problem of single-use plastics
A crucial outdoor industry initiative today unveiled industry-wide proposals for serious steps to address the problem of single-use plastics in the value chain. The European Outdoor Group (EOG) has released the Single Use Plastics Project (SUPP) report, which recommends a system for the elimination and proper care of protective plastic ...
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ArticleBetter pricing cushions Accell's volume sales decline
Could these be the last public business figures released by still-listed bicycle manufacturer Accell Group N.V.? As previously reported, a private equity firm backed by U.S.-based Kohlberg Kravis Roberts & Co. Inc. (KKR) has made an offer to acquire all of the issued and outstanding common shares of Europe’s leading ...
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ArticleOutDoor by ISPO releases more information on location and exhibitors
Messe München, organizer of OutDoor by ISPO, has revealed more information about the upcoming show, which will be held June 12-14 at the MOC Veranstaltungs- und Ordercenter in Munich. The one-off location (the next event in 2023 will again be held at the Messe München exhibition center in Riem) will ...
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ArticleIsbjörn aims to reduce CO2 emissions by 50% by 2033, become net zero by 2045
Outdoor children’s clothing brand Isbjörn of Sweden has set out its ambitious sustainability pledge, which includes bold net zero targets, the complete elimination of microplastics and becoming a fully circular brand. Isbjörn is firmly committed to reducing its emissions by at least 50 percent by 2033, with an ambitious goal ...
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ArticleILO third-party monitoring report sees Uzbekistan free from systemic forced and child labor
The International Labor Organization (ILO) will release its third-party monitoring report on cotton farming in Uzbekistan end of March, 2022, with an encouraging result that was released in a pre-report: In the seven years since the reform process of the country’s cotton sector has begun, an estimated ...
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ArticleStorck Bicycle more than doubles its sales in 2021
Without providing specific figures, German premium bicycle supplier Storck Bicycle GmbH closed its 2021 fiscal year with a record growth of 117.5 percent. The biggest sales driver was the company’s own online store. Here, order volume climbed by almost 300 percent, according to the company. However, Storck’s sales growth in ...
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ArticleSSU grows by only 10.6% as bike supply issues persist
Signa Sports United (SSU), which continues to be hampered by supply chain issues within its full-bike segment, grew first-quarter revenues by 10.6 percent to €213 million due to strong sales gains within its tennis (+43 percent) and outdoor equipment (+20 percent) segments. Excluding sales of full bikes, first-quarter revenues climbed ...
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ArticleRocky Brands targets savings as Q4 net sales soar
U.S. footwear company Rocky Brands said it is targeting cost savings and synergies after integrating Honeywell International’s performance and lifestyle footwear business last year as it reported a 93.4 percent surge in fourth-quarter net sales. The company, which called the $230m acquisition “transformational”, said sales for the three months to ...
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ArticleSustainable apparel brand Ecologyst partners with Indigenous Tourism BC
Indigenous Tourism BC (ITBC), a non-profit organization working to expand and promote sustainable, culturally rich Indigenous tourism in British Columbia, Canada, and sustainable apparel brand Ecologyst announced the formation of a partnership aimed at educating consumers about better ways of living, which includes a commitment to Slow Fashion and Slow ...
