Latest News & Analysis – Page 194
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Allied Feather & Down issues market update
Allied Feather & Down recently released an updated market analysis in which it highlights the current trends in the market of feather and down materials. According to the report, the market, which has been rising steadily since September 2016, has gone up at an even faster rate more recently due ...
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ACT for the Outdoors raises €48,000 for the environment
ACT for the Outdoors is a new program initiated by Outdoor Sports Valley (OSV), the French outdoor sports industry cluster, intended to mobilize outdoor businesses to contribute to the preservation of the environment and promote the development of outdoor practices in a sustainable development approach in the sector. According to ...
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Vaude discusses it newest sustainability program
Vaude has released its annual sustainability report for 2017 online, highlighting in particular the company's recent launch of a Vendor Management program. This supplier management program is a comprehensive system used to guide and support the company's partners throughout the entire business relationship.The Vendor Management program was launched with a ...
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Canada Goose scores 58% revenue growth
Led by the direct-to-consumer channel, Canada Goose's revenues soared by 58.5 percent to 44.7 million Canadian dollars (€29.9m-$34.0m) for its fiscal first quarter ended June 30. The management mentioned “exceptional” levels of performance in its own stores for this off-peak period of the year.The wholesale revenues of the Canadian maker ...
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GoPro sees profits on the horizon
GoPro reported a net loss of $37.3 million for the second quarter, up from $30.5 million in the same period of 2017, and the gross margin fell by 6.1 percentage points to 29.5 percent. However, the management said it expects to generate a profit in the second half of this ...
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New September outdoor show in Friedrichshafen
Messe Friedrichshafen, which has been organizing the European OutDoor show owned by the European Outdoor Group (EOG) for the past 25 years, yesterday unveiled a new format and a new timing for a trade show that will be mainly targeting retailers operating in Germany, Austria and Switzerland.Vendors, their agents and ...
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Erratic weather affects Fenix’ retail sales
Fenix Outdoor International's retail business was affected by the absence of spring weather in the second quarter in northern Europe, but the whole group managed to raise its sales after two acquisitions and stronger demand in the U.S. market.Martin Nordin, the group's chairman, explained in a statement that the weather ...
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Adelis buys Didriksons
Didriksons has been taken over by Adelis Equity Partners, an investment fund that acquired a majority stake in the Swedish rain and functional apparel brand from another fund managed by Herkules Capital.The price was not disclosed. Based in Norway, Herkules bought its majority stake in Didriksons four years ago and ...
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CEO change at Odlo
Knut Are Høgberg has been appointed to take over as chief executive at Odlo, the Swiss outdoor brand, after nearly three years as chief operating officer and deputy CEO. He has formally taken over this month from Christophe Bézu, who has driven far-reaching adjustments in the Swiss outdoor brand's distribution ...
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Former Geox CEO will run Scarpa
Diego Bolzonello, a manager who built Geox into one of the world's biggest brands of casual footwear, has agreed to be the new chief executive of Calzaturificio Scarpa, working alongside its president, Sandro Parisotto, who previously shared the functions of president and CEO.Bolzonello will be the first CEO hired from ...
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AKU is moving on several fronts
AKU, the Italian trekking and outdoor footwear company, has announced the acquisition of a factory in Serbia that will focus on the production of its Mountain Inspired line of travel lifestyle shoes, complementing the company's own plant in Montebelluna and a Romanian factory at Cluj Napaca that it has been ...
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Arc’teryx and Suunto drive upbeat guidance
Robust demand for the Arc'teryx brand, winter sports equipment and sports instruments from Suunto enabled an upbeat guidance last week for the Amer Sports group's outdoor division in the second half of the year, after a mixed performance in the first half.The division's sales in this seasonally small quarter inched ...
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Columbia Sportswear outperforms
Columbia Sportswear raised its guidance for the full year after a second quarter that was stronger than anticipated, with a sales jump of 21 percent to $481.6 million and the outdoor group's first profit in eleven years for this seasonally small quarter.Widely spread across regional markets, the sales increase amounted ...
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VF rejigs its growing, purpose-led outdoor division
The investments made by The North Face in the women's outdoor market have started to pay off, as sales of women's performance products were among the drivers of an 8 percent sales hike for the outdoor brand in the three months to the end of June, the first quarter in ...
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Lafuma’s mountain brands buoyed by international sales
Outstanding winter conditions have helped to raise Groupe Lafuma's turnover by 2.1 percent to €83.1 million for the first half of this year, amounting to a rise of 3.5 percent in constant currencies.With the Lafuma, Millet and Eider brands, the mountain sports division reported a sales hike of 4.3 percent ...
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Deckers posts record sales, aided by Hoka
Led by a strong performance by Hoka One One, Ugg and Teva, Deckers Brands posted a strong first fiscal quarter, with revenues reaching a record high of $250.6 million, up by 19.5 percent from the same quarter last year. On a constant currency basis, sales increased by 17.6 percent.Revenues from ...
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Rocky Brands’ restructuring efforts pay off
After recording heavy losses in 2016, Rocky Brands has been implementing several cost-cutting measures, while updating its manufacturing capabilities. It has now turned a corner, with profits rocketing in the second quarter of this year: net income jumped by 73.3 percent from the year-ago quarter to $2.65 million.The management attributed ...
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Garmin’s fitness segment sees sales rocket
Garmin's fitness segment had a stellar second quarter, with a 24 percent increase from the year-ago quarter to $225.1 million In contrast, sales in Garmin's so-called outdoor segment improved by 4 percent to $201.6 million with all product categories contributing to the growth. The gross margin in this segment declined ...
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Moncler posts double-digit sales and profit increase
Moncler posted consolidated revenues of €493.5 million in the first half of 2018, up by 21 percent at current exchange rates as compared to the first half of last year. On a currency-neutral basis, Moncler's growth reached 27 percent. The turnover was lifted by the group's sales in Asia, which ...
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A new grant by #itsgreatoutthere for campsites in city parks
The It's Great Out There Coalition has awarded its seventh #itsgreatoutthere grant to De Buurtcamping, or “Neighbourhood Campsite,” a Dutch project designed to help communities connect and to allow low income people to have a holiday through outdoor experiences in campsites set up in city parks. The new grant is ...
