Latest News & Analysis – Page 187
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Wolverine partners with Xtep for China
Wolverine Worldwide and Xtep International, one of the major Chinese sporting goods companies, have announced agreements to set up a joint venture that will develop, market and distribute Merrell and Saucony footwear, apparel and accessories in China, Hong Kong and Macau. Some of the items will be exclusively designed and ...
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Improved results for Black Diamond’s parent
Once again beating analysts' forecasts, Clarus Corp. reported a 9 percent increase in revenues to $57.3 million for the fourth quarter of 2018, with no currency effects, accompanied by a 27 percent jump in adjusted net earnings to $5.9 million. The gross margin improved by three percentage points to 35.6 ...
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Double-digit growth for Gregory
As in previous years, Gregory performed better in 2018 than High Sierra, the more lifestyle-oriented brand of Samsonite International. Gregory, which was acquired from Black Diamond Equipment in 2014, saw its revenues go up by 12.0 percent to $58.0 million, rising by 10.6 percent in local currencies. High Sierra's sales ...
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Bogs’ sales lift Weyco’s results
After posting lower sales in the third quarter, Bogs bounced back in the fourth quarter with sales jumping by 34 percent. The management said that some of this increase was driven by favorable weather, with early cold and snow this fall across a good part of the U.S. and Canada, ...
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Newell’s boss is leaving
Michael Polk, the beleaguered president and chief executive of Newell Brands, will be retiring at the end of the second quarter. With an annual salary of more than $21 million, he has been running the company and the former Newell Rubbermaid since July 2011, masterminding the merger with the former ...
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Big jump in Yeti’s gross margin
While it has yet to make a dent in the yet unexploited European market, the American supplier of coolers and other outdoor equipment is recording stellar results after its listing on the stock exchange in the autumn of last year. Net income soared to $25.2 million in the fourth quarter ...
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American Outdoor Brands boosts logistics
The American group, which is involved in firearms as well as outdoor products, is ramping up initial operations at a new 633,000-square-foot logistics and customer service center in Missouri, which will gradually take the place of three smaller units in the U.S. The biggest benefits will come from streamlining fulfillment ...
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The IWA trade show broadens its reach
The vast majority of European sports and outdoor retailers stay away from hunting or sports shooting, although some of them cover sports fishing, especially in the Scandinavian countries. On the other hand, hunting products are still regarded as part of the outdoor sector in the U.S. A similar trend is ...
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New product and staff at improving Polygiene
Polygiene, the Swedish odor-control brand, launched Odor Crunch at this year's Ispo show in Munich. The new technology is primarily an add-on to Polygiene's Stay Fresh odor control, which was launched 12 years ago to reduce bacterial growth and the need for frequent washes, thus contributing to lower environmental impacts by saving water and ...
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Lenzing’s sales and profit drop in a challenging market
Lenzing reported revenues of €2.18 billion for 2018, marking a 3.7 decline from the previous year. The challenging market environment for standard viscose, combined with less favorable exchange rates and a slight decline in sales volumes, were the key contributing factors, the company said. The net profit for the year ...
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Britain’s OIA is in good health
The Outdoor Industries Association (OIA) of the U.K. held its annual conference and general meeting on March 13-14 at Shrigley Hall in Cheshire. During the event, Robert Brigham was elected as the new chairman of the organization. For the past eight years, he has been the managing director of Ellis ...
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A plastic-free outdoor industry
Our plastic problem is top of the agenda and steps to solving it were a major focus at the annual conference of Britain's Outdoor Industries Association (OIA) recently held at Shrigley Hall, in Cheshire.On the second day, delegates sat down to debate the “Pass On Plastic” subject with an expert ...
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Another interesting topic: England’s Youth Adventure Trust
Just ahead of A.S. Adventure's film, and the ensuing plastic debate at the conference, came an incredibly moving film about a young girl, Carla, shown by the Youth Adventure Trust (YAT). With adventure at the heart of everything they do, the YAT uses the power of the outdoors as a ...
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Therma-Rest wins the British outdoor awards
The votes are in for the U.K. Outdoor Industry Awards for 2019, sponsored by the Outdoor Industries Association (OIA). From the winners, a panel of experts selected Therm-a-Rest's NeoAir UberLiteas as “Product of the Year.”The winners break down as follows: Pyramid's Lyme Disease Test Kit (Accessories category), Lowe Alpine's Altus ...
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Eoca raises funds, launches an anti-plastic project
The European Outdoor Conservation Association (Eoca) held its traditional fundraiser and launched a “two-year focus” program in favor a plastic-free environment at the recent Ispo Munich show, held on Feb. 3-6. The program is in line with a project being conducted by the European Outdoor Group (EOG).During the four days ...
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Primaloft announces the circularity of its Primaloft Bio fibers
Primaloft has announced that its biodegradable fiber, Primaloft Bio, is chemically renewable. According to the company, this makes Primaloft Bio the first 100 percent recycled, biodegradable synthetic insulation and fabric fiber proven to be renewable for use in a circular economy. Third-party testing has shown that the fibers can be ...
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A new European project to recycle coated materials
The EU-funded Decoat initiative has formally begun to work. The initiative, which is led by Centexbel, a Belgian R&D center, addresses the issue of textiles and plastic materials with multilayer coatings – typically with functional and performance features – that are currently not recyclable. The project held its inaugural meeting ...
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Decathlon grows more slowly, changes policies
Admitting that it had made some mistakes, which are now being corrected, Decathlon announced a major slowdown in its growth at a press conference held in Lausanne last month, the first to have been held outside France. It also gave for the first time some data about its bottom line, ...
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Anta’s takeover of Amer draws nearer
In an important step toward the completion of the planned change of ownership, Amer Sports announced on Feb. 22 that Anta Sports Products had finally received the approval from its shareholders at an extraordinary meeting for the tender offer that began on Dec. 20 for all the shares of the ...
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Powered by Peak Performance, outdoor lifts Amer’s results
+ The Outdoor segment of Amer Sports, which also includes winter sports equipment and sports instruments, had the strongest performance in the group during the critical fourth quarter. Segment sales grew by 14 percent in euros to €574.0 million and by 13 percent in local currencies, generating 6 percent higher ...
