Latest News & Analysis – Page 191
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Gore launches new three-layer laminate
W.L. Gore & Associates has announced the launch of a new three-layer laminate for outdoor apparel next year, as part of its offerings to help reduce the environmental footprint of outdoor fabrics. The new Gore-Tex 3-Layer features a recycled and solution-dyed polyester backer, as well as a durable water-repellent treatment ...
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Snowleader donates to a mountain preservation project
Snowleader, the French omni-channel retailer, has partnered with Mountain Riders, an association that promotes sustainable development in the mountains and environmental education. Snowleader decided to donate one percent of its turnover for ten days to Mountain Riders. The retailer's management said that the company has a duty to preserve the ...
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Ispo Munich expands again
Ispo Munich will reach a high watermark of 200,000 square meters on Feb. 3-6, adding a further two halls – C5 and C6 – from last year's total of 16. The show is making plenty of room for meetings and networking.For 2019, the themes are “Health, Physical Activity and Sport,” ...
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Canada Goose steps into footwear
The fast-growing Canadian brand of outerwear announced earlier this month a definitive agreement for the acquisition of another Canadian company, Baffin Footwear & Apparel, indicating that this will “ultimately” help it to develop its own line of Canada Goose cold-weather footwear.In addressing financial analysts to comment on its spectacular results ...
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Booming Canada Goose raises its outlook
Canada Goose has upgraded its guidance for the full financial year after reporting stronger-than-expected results for its second quarter ended Sept. 30. It now predicts that its total revenues will increase by at least 30 percent for the year, up from the previously forecasted growth of 20 percent, with Baffin ...
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McTrek boosts its management
The German outdoor retail chain has announced the appointment of a manager with international experience, Dominik Poley, for the new role of chief operating officer. He will help accomplish the integration of McTrek Outdoor Sports with the Belgian-based A.S. Adventure Group, which acquired a 95 percent stake in its parent ...
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Newell sells Pure Fishing
Newell Brands has found a buyer for Pure Fishing, a constellation of fishing tackle brands that includes the likes of Abu Garcia, Berkley, Shakespeare and others, and Jostens. They were part of the former Jarden Corporation, which Newell bought in the spring of 2016.Other important assets like K2, Völkl and ...
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Leatherman sells Ledlenser, goes direct in Europe
The Leatherman Tool Group (LTG) has announced that it is divesting the German Ledlenser brand, which it acquired in April 2011. The closing is expected to take place by the first week of December. The new owner of Ledlenser is Afinum, an 18-year-old German private equity firm that owned Sigg ...
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Oberalp stops with Silva, names new managers
While parting ways with Silva, a brand that it has been distributing in Italy, Germany and Austria since 2013, the Italian-based Oberalp Group has appointed new executives for its own brands – Salewa, Dynafit, Wild Country and Pomoca – in Europe and the U.S.For its part, Silva has appointed a ...
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A new European chief for TNF
VF Corp. has appointed Jan van Leeuwen as the new European chief of The North Face. He is taking the place of Kate Smith, who left in July after 16 successful months working in European sales for the brand. Most recently, Van Leeuwen held a similar position at Vans, which ...
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Clarus diversifies into natural skincare
Clarus Corp. has announced the acquisition of the assets of Skinourishment, the parent company of ClimbOn and other skincare brands. The financial terms of the deal have not been disclosed. Clarus is the parent company of Black Diamond and Pieps, and it recently bought another company, Sierra Bullets.The acquisition of ...
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Record results for Clarus
Clarus Corporation had a record third quarter, led by a strong performance from Sierra Bullets and continued strong growth across the Black Diamond brand. Continuing a favorable streak, the results led the company to enjoy a significant spurt on the stock exchange.Clarus' total revenues rose by 22 percent to $55.7 ...
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Black Diamond boosts management
Black Diamond has hired Jan-Willem Driessen as its new global vice president of marketing and direct-to-consumer sales, Claire Diepenbrock as its new e-commerce marketing director, Brenna Priest as its new national field sales manager, and Meghan Clough as its new category director for Mountain division products.Driessen was most recently vice ...
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Winter starts off favorably for Amer
The acquisition of Peak Performance and robust sales of winter sports equipment have driven another sales rise for the Amer Sports group in the third quarter,.The Finnish company has set in motion the sale of its cycling business, but has declined last week to provide any updates on a potential ...
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Robust quarter for Columbia
Columbia Sportswear has upgraded its guidance for the full year, after broad-based increases in sales and profits for the third quarter.The group's turnover moved up by 6 percent to $795.8 million for the three months, up by 7 percent in constant currencies, with equivalent increases for the apparel and footwear ...
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Wolverine rides higher
The divestiture of Sebago and the military business caused a 3.9 percent decline in sales at Wolverine Worldwide, down to $558.6 million, in its third quarter ended on Sept. 29. On a comparable basis, sales inched up by 0.5 percent, but they were up by 1.5 percent excluding the leather ...
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Deckers raises guidance as earnings rocket
Thanks to continued profitability gains by Ugg and top-line growth by Hoka One One, Deckers Brands raised its guidance for the full year through next March, budgeting higher earnings on sales that should reach a range of $1,935 million to $1,960 million.The group's net earnings for its second fiscal quarter ...
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Thule had mixed Q3 results
The Thule Group reported a 12.7 percent sales increase for the third quarter to 1.56 billion Swedish kronor (€150.6m-$170.4m). The growth in local currencies amounted to only 3.8 percent, with a drop of 4.4 percent in the Americas compensated for by a 7.8 percent increase in Europe and the rest ...
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Thule diversifies with more urban gear
The Thule Group is capitalizing on urban consumer trends to diversify its product range, after it redefined its remit in recent years to cover a mixture of urban products around the concept of active living and mobility.Magnus Welander, Thule's chief executive, outlined the strategy at the European Outdoor Summit (EOS) ...
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Gregory declines
Samsonite International saw mixed results in the third quarter of this year for its two backpack brands. High Sierra and Gregory had net quarterly sales of $14.5 million and $14.8 million respectively. This represented a year-on-year gain of 4.3 percent for the former, but a decline of 2 percent for ...
