Latest News & Analysis – Page 181
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JD’s Go Outdoors chain suffers from logistic problems, too
Sales declined slightly to £204.1 million (€229.7m-$254.3m) in the outdoor stores of JD Sports Fashion during the first half of the group's financial year, ended on Aug. 3, leading to a pre-tax loss of £45.2 million (€50.9m-$56.3m) in the segment, which includes Blacks Outdoor, Millets, Go Outdoors, Tiso and other ...
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Macpac performs better than BCF at Australia’s Super Group
BCF, one of the outdoor retailing banners of the Australian-based Super Retail Group, raised its revenues by 3 percent to 514.6 million Australian dollars (€318.4m-$350.0m) in the financial year ended on June 29. Sales grew by 6 percent online and by 3.2 percent on a comparable store basis at brick-and-mortar. ...
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Clarus boasts strong potential for BD and other brands
Clarus Corporation is seeking to maximize the synergies between Black Diamond and the other brands in its portfolio. BD has just announced that it will take on the distribution in Europe of SKINourishment's skincare brand, ClimbOn, benefitting from its large sales network in the region. BD showed the line at ...
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CMP and Garmont go a little lifestyle
Both of these Italian brands had a stand in the Players District, a new section of Micam, the world's largest footwear trade show, held in Milan last week, in a bid to enlarge their distribution in the growing lifestyle segment of the outdoor footwear market. A similar trend has been ...
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Norway’s new Zero°C brand uses Gore-Tex for urbanwear
Founded by two veterans of Viking Outdoor Footwear, ZDC Footwear is the first start-up to have been granted a license by Gore-Tex to use its technology to insert thin laminates in its footwear products, where fashion is supposed to meet function for the benefit of urban dwellers in Scandinavia, the ...
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Kastel opens an inter-active store in Oslo
Another former manager of Viking Outdoor Footwear, Andreas Malo Dyb, wanted to do something different, so he launched his own brand of sneakers, called Kastel, eight years ago, working for a while with a temporary showroom in a container. It was more of a relaunch: Kastel was actually born in ...
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Apex expands Hi-Tec licensing and distribution
Apex Global Brands has reported the signing of several new licensing and distribution contracts for its Hi-Tec brand with partners in Europe, North America and Asia, and more partnerships may follow.The company had previously announced the addition of new licensing deals for its Tony Hawk brand, including an interesting contract ...
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Goldwin is opening its second brand store
Goldwin, which has mainly been offering highly technical skiwear outside Japan, is starting to offer a wider collection – with some functional lifestyle clothing and outdoor and athletic apparel for running, hiking and climbing – through retailers in the U.S., Europe and Asia during the current autumn season. Compression garments ...
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Maloja opens up shop in Vermont
Catering to the local community of outdoor enthusiasts, Maloja, the German brand of functional apparel with cool designs, is opening its first American flagship store in Stowe, Vermont, on Sept. 28. In the U.S., where the company has a subsidiary that handles sales to more than 170 retail stores in ...
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Vista Outdoor plans more disposals
REI has just placed its first order for Camelbak products, after excluding the brand from its assortment since March 2018 in reaction to the tragic mass shooting a high school in Parkland, Florida. The big American outdoor retailer said it would resume doing business with Camelbak's parent company, Vista Outdoor, ...
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Exxel gets extra elbow room by moving to Denver
Exxel Outdoors is expanding its headquarters in the outdoor-friendly state of Colorado. The company has spent $6 million to purchase a building of 39,000 square feet in the Interlocken area of Broomfield, just north of the Rocky Mountain Metropolitan Airport and about halfway between Denver and Boulder along their connecting ...
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Patagonia lodges new complaints in the U.S.
Patagonia has filed a lawsuit against Kimberly McHugh, a third-party seller, for selling Patagonia-branded products on Amazon and other platforms without authorization, according to thefashionlaw.com. McHugh, the outdoor clothing maker alleges, falsely claims to be an authorized dealer of Patagonia products on her site, My Little Corner, potentially misleading consumers.Patagonia ...
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Breaking boundaries at the EOS
We like “Breaking Boundaries,” the theme chosen by the organizers for the next European Outdoor Summit (EOS), scheduled be held in the Swiss city of Interlaken on Sept. 26-27. We find that it goes well with the typically adventurous spirit of outdoor enthusiasts as well as with the disruptive nature ...
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Twin transactions expand Tecnica in outdoor footwear
The Tecnica Group has just completed two transactions to strengthen its market position in outdoor footwear. The Italian sports group has increased its majority stake in Lowa from 60 percent to 75 percent. The remaining 25 percent of Lowa is still held by its former chief executive, Werner Riethmann. Lowa ...
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Lowa and others comment on the Chinese outdoor market
Matthias Preussel, sales director for the Asia-Pacific region at Lowa, discussed the challenges and opportunities of marketing an outdoor brand in China during a “Market Introduction Seminar for China” that was held in Munich on the third day of the OutDoor by Ispo show early last month.
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Sanfo goes for events and bigger stores
Beijing Sanfo Outdoor Products, as China's largest outdoor retailer is formally called, has just opened its biggest flagship store, spreading over 2,350 square meters, in Shanghai. It offers a more comprehensive range of products and a more interesting shopping experience than the three other stores it has in the city.There ...
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VF raises its guidance after a good quarter
Thanks to a better-than-expected performance posted by Vans and The North Face, VF saw its reported revenues improve by 6 percent to $2,271 million for the fiscal first quarter ended on June 30. Adjusted to exclude the spin-off of its lower-margin Kontoor jeans business, the acquisition of Altra and Icebreaker, ...
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Record Q2 results for Columbia
Columbia Sportswear's net income rocketed by 137 percent to $23.0 million in the seasonally small second quarter ended June 30. One of the drivers was an exceptionally strong counter-seasonal business with Columbia's line of performance fishing gear, PFG, which is approaching an annual turnover of $200 million.The group's quarterly revenues ...
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Wolverine banks on H2
Wolverine Worldwide posted lower-than-expected sales in the second quarter ended on June 29, but its profitability slightly exceeded forecasts. The management largely confirmed its previous projections for the full financial year, predicting a strong second half, with a 5.5 percent currency-neutral increase driven by gains of nearly 10 percent for ...
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Higher sales and lower losses for Mammut
Net revenues increased by 6.9 percent on a comparable basis during the first half of 2019 to 117.9 million Swiss francs (€108.8m-$120.8m) in the Outdoor segment of the Conzzeta Group, which essentially consists of the Mammut Sports Group.Its operating loss declined to CHF 5.3 million (€4.9m-$5.4m) from CHF 6.4 million in the ...
