Latest News & Analysis – Page 192
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Garmin posts strong results
Garmin posted strong results for the third quarter, with double-digit revenue growth in four of its five segments and double-digit growth in consolidated operating income.Total revenues were up by 8 percent to $810 million, with marine, aviation, fitness and outdoor collectively growing by 16 percent from the year-ago quarter and ...
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GoPro expects to return to profits
Thanks to a strong reception for its new Hero7 Black action camera, GoPro managed to narrow its net loss from $37.3 million for the second quarter of this year to $27 million for the third quarter. This led the management to say that it expects to achieve profitability in the ...
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Bollé Brands is born
Peter Smith has been appointed to the newly created position of president and chief executive for Bollé Brands, the new company formed by A&M Capital to run the Bollé Safety business and the consumer eyewear and helmet business of Bollé, Cébé and Serengeti recently bought from Vista Outdoor for $158 ...
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Moncler records ongoing double-digit growth
Moncler posted consolidated revenues of €872.7 million for the first nine months of 2018, which represent an 18 percent increase compared with the first nine months of 2017, or a 23 percent increase at constant exchange rates. Growth was evident across all markets and distribution channels. Commenting on the figures, ...
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Mammut defines its sustainability strategy until 2023
Mammut has published its corporate responsibility strategy for the next five years. The strategy is called “Mammut We Care.” Between now and 2023, the Swiss outdoor company intends to significantly reduce the environmental footprint of its collections and ban substances that damage the environment from its supply chains. The company ...
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Pentland unveils new charity partners, all chosen by its staff
Pentland Brands has announced five new partnerships with charity organizations, based in both the U.K. and abroad, which will last until 2021. Pentland Brands is the name behind Speedo, Berghaus, Ellesse, Kickers and other well-known sports, outdoor and fashion brands. The new charities were all chosen by Pentland's employees, based ...
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It’s Great Out There announces details of its collaboration with HorizonSports.tv
The It's Great Out There Coalition has announced the creation of a dedicated #itsgreatoutthere channel in collaboration with HorizonSports.tv, with content designed to inspire more people to get active in the outdoors. The coalition said that it has also agreed with HorizonSports.tv a special subscription offer. By following the instructions ...
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Eoca announces winning projects
The European Outdoor Conservation Association (Eoca) has unveiled the two projects which emerged as the winners from the members' vote, which closed on Nov. 9. The two winning projects are: Obsolete Facilities, France, nominated by Marmot; and Mending Paths and Protecting Arctic-Alpine Habitat on Carn Liath, Scotland, nominated by Montane. ...
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A good first Outdoor & Mountain Industry Summit
Outdoor Sports Valley (OSV), a French trade association that brings together companies in the outdoor and winter sports industries, organized the first edition of a new Outdoor & Mountain Industry Summit in Lyon on Oct. 19. The convention was deemed a success, as nearly 400 professionals in the mountain, outdoor ...
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VF benefits from acquisitions
VF Corporation reported a 15 percent sales increase to $3,907.4 million in its continuing operations for the third quarter ended Sept. 29, with a 16 percent increase in constant currencies. On an adjusted basis, excluding the acquisition of Williamson Dickie, Icebreaker and Altra, which contributed sales of $324 million during ...
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Timberland trails The North Face
The North Face performed relatively well in VF's second quarter, ended Sept. 9, rising by 5 percent in dollars and by 7 percent in local currencies, aided by double-digit growth in its direct-to-consumer (DTC) business in all regions. In the first quarter, TNF's sales had gone up by only 5 ...
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Two new managers at Bergzeit’s helm
Maximilian Hofbauer, a well-known personality in the German sports and outdoor sector, is leaving as chief executive of Bergzeit, the German-based online retailer of outdoor products controlled by members of the Oberrauch family in northern Italy, who own Sportler and the Oberalp Group. He will be replaced by two general ...
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SportScheck builds retail and events platform
SportScheck is moving ahead with a strategy to transform its business into a retailing and events platform, which is leading to intensified partnerships with a few brands in sports and other industries.As part of its consumer-focused strategy, the German sports retailer has invested in extensive adjustments of the layout and ...
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Kathmandu is all set for international expansion
Kathmandu, the New Zealand outdoor retailer, has sharply improved its profit margin for the full year to the end of July and is projecting more international growth after its acquisition of the Oboz footwear brand earlier this year.Kathmandu's sales jumped by 11.7 percent to 497.4 million New Zealand dollars (€284.2m-$327.6m). ...
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Yeti wants to go public, expanding abroad
The U.S.-based company, which specializes in the production and distribution of coolers and drinking equipment, filed for an initial public offering on Oct. 17. It will seek to bring in 20 million shares priced in the range of $19 to $21, according to an updated filing with the U.S. Securities ...
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Hydro Flask records gains
Lower sales outside the U.S. didn't prevent the Housewares segment of Helen of Troy from posting a 19.4 percent sales increase to $137.5 million in the company's second quarter, ended on Aug. 31. The segment includes OXO and Hydro Flask, and without breaking down figures, the company said that a ...
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SIGG is growing fast
Sigg Switzerland Bottles is reaping the fruits of strong investments in new personnel as well as in marketing, made by a new set of managers with the backing of the company's new Chinese owners over the past two years. Without giving any specific figures, Adrian Meili, the new chief executive ...
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Italian outdoor companies join forces
The whole thing sounds like the history of the OutDoor show, which was created 25 years ago in Friedrichshafen because some important outdoor companies felt that they were not adequately represented at the more generic Ispo sports show in Munich. These companies decided at the annual meeting of the European ...
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Strong attendance at the EOS
This year's European Outdoor Summit (EOS), which was held in the Swedish town of Malmö across from Denmark on Sept. 19-20, attracted a total of 305 delegates from 21 countries. The biggest contingent of 86 attendees naturally came from Sweden, which was followed by Germany, the U.K., Switzerland, Italy, the ...
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Mammut builds up its digital platform
Mammut Sports Group has embarked on a far-reaching project to build up its digitization, both in strategic and operational terms, which is leading to the launch of digital services for outdoor participants as well as products with built-in chips to directly exchange contents with the users.The project was outlined at ...
