Latest News & Analysis – Page 188
-
Article
Mixed results for Fenix
The Fenix Outdoor International group reported slight declines in operating margins for the fourth quarter of 2018 and the entire financial year. They fell by two full percentage points to 9.1 percent for the quarter and by 0.3 percentage points to 15.4 percent for the year due to a variety ...
-
Article
A new president and a bigger board for the EOG
On the eve of the Ispo Munich show at the beginning of this month, the annual assembly of the European Outdoor Group (EOG) endorsed the nomination of Mark Held as its new president, giving him a two-year mandate that can be renewed once. He takes the place of Jon Jansen, ...
-
Article
The European outdoor market didn’t go well for everyone in 2018
The European Outdoor Group (EOG) is aiming to collect more statistics from retailers, including those who are not yet members, after a pilot project conducted in the last 18 months to track sell-out figures.Meanwhile, its latest preliminary members' survey showed that the European outdoor market performed better last year than ...
-
Article
OutDoor by Ispo is shaping up better than expected
With four months still to go before the first edition of the OutDoor by Ispo fair, about 700 exhibitors from 36 countries have already applied to participate in the event, scheduled to run in Munich from June 30 to July 3, well over an initial target of around 600 firms. ...
-
Article
L-Fashion breaks up with Li-Ning, takes over Dachstein
+ The L-Fashion Group has agreed to stop distributing the Chinese sports brand in the 11 European countries covered by a contract from the end of this year, says Vesa Luhtanen, chief executive of the Finnish-based company, confirming in part a report in sport-guide.com. The agreement with Li Ning Company, ...
-
Article
Garmont boosts its management
Garmont International has appointed several new managers in the last few months, in connection with the entry of new shareholders (Compass Vol. 11 N° 3+4 of Feb. 21, 2018) and the departure of Marco Sancandi, its former director of operations, who has now joined Asolo as vice president of sales ...
-
Article
Driven by Merrell, Wolverine raises sales and margins
Thanks to efforts to reduce operating expenses, which declined by 40 percent year-on-year, Wolverine Worldwide's margins improved before exceptional items and profits soared in the fourth quarter ended on Dec. 29. The quarterly net income reached $39.3 million, compared with a loss of $60.3 million for the fourth quarter of ...
-
Article
A stellar year for Columbia
Columbia Sportswear managed to pull off record results for 2018, while making substantial investments in demand creation and other strategic priorities. The growth was broad-based across its brand portfolio and geographic regions, with improvements in both the wholesale and direct-to-consumer (DTC) distribution channels.In the seasonally important fourth quarter, the ...
-
Article
Outperforming expectations, Tecnica readies a new launch
+ The Tecnica Group announced better than expected preliminary figures for its 2018 financial year while presenting the autobiography of Giancarlo Zanatta, the visionary leader of the Italian group who recently stepped down after working for the company for 63 years. The group's total sales increased by about 10 percent ...
-
Article
Giancarlo Zanatta, what a man!
Giancarlo Zanatta, who turned 80 in February 2018, took the opportunity of the Ispo show in Munich earlier this month to present his autobiography, which reveals the interesting journey of a man who, over 63 years of hard work, built up a group that is now producing some 27,000 pairs ...
-
Article
Canada Goose raises guidance, but labor costs increase
Canada Goose has upgraded its guidance for the full financial year after reporting stronger-than-expected results for its third quarter ended Dec. 31. It now predicts that its total revenues will increase in the mid-to-high thirties on a percentage basis, instead of a previous forecast increase of at least 30 percent. ...
-
Article
Johnson Outdoors posts lower sales
After a strong fiscal year 2018, which saw record sales led by demand for new products, Johnson Outdoors had a difficult act to follow: the company posted lower sales for its first fiscal quarter ended Dec. 28, 2018. The management said it is building momentum behind a new product ...
-
Article
Lowa and Schöffel work with Thule
+ Many outdoor, bike and ski dealers around the world have been also offering Thule's car racks to enable their customers to carry their products to distant places. Many have lately added other products developed by the Swedish group, which has a reputation for quality and durability.Schöffel and Lowa, which ...
-
Article
Garmin sees strong margin growth
Led by a strong performance by its aviation, marine, outdoor and fitness segments, Garmin recorded a significant improvement in gross and operating margins for the fourth quarter.Total revenues were up by 4 percent to $932 million, with marine, aviation, fitness and outdoor collectively growing by 13 percent from the year-ago ...
-
Article
GoPro returns to profits
Thanks to strong demand for its new Hero7 Black action camera, GoPro has managed to return to profits after many quarters of losses. Its net income reached 31.7 million in the three months ended Dec. 31, 2018, compared with a net loss of $42.3 million in the year-ago quarter. ...
-
Article
TNF will use Futurelight for performance
The North Face made a captivating presentation at the Ispo Munich trade show of its new, highly breathable Futurelight technology, which uses nanospinning technology to create a film that is woven into the fabric and lets air move through the material while still remaining waterproof.In its original press release, TNF ...
-
Article
Sympatex markets its sustainability image
Sympatex is highlighting its focus on sustainability in a highly competitive market for waterproof/breathable membranes. At the Ispo Munich trade show earlier this month, the management of the Munich-based maker of functional materials strived to convey this message by saying that it is the right thing to do from the ...
-
Article
Graphene helps purify water
The use of graphene is becoming more popular and more versatile. LifeSaver, the UK-based manufacturer of portable and reusable water filters, has signed an exclusive contract with the National Graphene Institute (NGI) at the University of Manchester. Over 18 months, they will be using graphene to develop a proprietary and ...
-
Article
Vaude is honored for transparency in sustainability
Vaude ranked 1st in the category “small and medium-sized enterprises” (SMEs) in the Ranking of Sustainability Reports, an assessment of the social and ecological commitment of German companies. The Ranking of Sustainability Reports is compiled by the Institute for Ecological Economy Research (IÖW), a scientific institute in the field of ...
-
Article
More support for the EOG’s sustainability charter
Four national associations have recently given their support to the Sustainability Charter of the European Outdoor Group (EOG). They are the Spanish Sports Industry Association (Afydad), the Dutch Association of Sport Product Manufacturers and Wholesalers (FGHS), the Russian Outdoor Group and the Polish Outdoor Group.All the members will soon have ...
