Latest News & Analysis – Page 197
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Lowa nears three million pairs before the boss’ departure
After running the Lowa group for 25 years, Werner Riethmann announced that he is preparing to hand over its operational leadership, while reporting on a buoyant year that saw the German-based outdoor footwear company's sales leap by 11 percent to €163 million.Riethmann intends to gradually transfer the operational leadership of ...
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Helinox sets up subsidiaries in Europe and the U.S.
Experienced executives who previously worked for Camelbak Products and other outdoor brands have been placed at the head of new subsidiaries of Helinox that will cover the European market and the Americas. They will take care of the local operations of this relatively new South Korean brand of collapsible camping ...
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Vista Outdoor’s shares tumble as it lets go of several brands
Shares of Vista Outdoor tumbled by 13.1 percent after the company issued a weak outlook for the coming year and announced plans to divest a number of brands, including Vista's Sports Protection brands, such as Bell, Giro and Blackburn, Jimmy Styks paddle boards and Savage and Stevens firearms. The management ...
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Inov-8 is expanding quickly
The British brand of running shoes is reporting a particularly strong 60 percent increase in forward orders in the Europe, the Middle East and Africa (EMEA) region, led by Scandinavia, Germany and the U.K. Globally, the company's orders for off-road footwear are up by 20 percent, with significant growth in ...
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Hoka helps Deckers end the year on a high note
Thanks to a strong performance by Ugg and Hoka One One, Deckers Brands posted a stellar fourth fiscal quarter and full year, with revenues and profits beating analysts' expectations.The revenues from the Hoka One One brand jumped by 34.1 percent to $50.4 million for the quarter ended March 31, and ...
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Columbia tweaks distribution in Spain and Nordics
Columbia Sportswear is reassessing its business structure in the Nordics and working on a replacement for its regional manager, due to the departure of Martin Kaggestad at the end of July.Columbia started taking over its distribution and opening offices in Nordic countries eight years ago, most of them led by ...
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Gregory appoints a European general manager
The Samsonite group is reinforcing the sales infrastructure for the Gregory brand by creating the position of European general manager. This will be taken up from the start of June by Lars Föll, in an internal move. Föll is marketing and sales director in Europe for Tumi, a more upmarket ...
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Vans is still driving VF Corp’s growth
The Vans brand continues to lift VF Corporation's results. The brand's sales for the three months ended March 31 jumped by 45 percent in dollars and by 39 percent in local currencies, with balanced growth across regions and channels. In reported dollars, Vans' turnover was up by 53 percent from ...
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Wolverine reinvests its improved margins
Wolverine Worldwide reported a record net profit of $46.7 million for the first quarter ended March 31, up from $16.7 million in the year-ago period, thanks in part to lower taxes and a foreign exchange gain of $8 million.Sales declined by 9.7 percent to $534.1 million, but they were up ...
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Clarus records better-than-expected sales
Clarus Corporation, the parent company of Black Diamond and Sierra Bullets, posted revenues for the first quarter that exceeded analysts' expectations, led by its ammunition and apparel segments.The group paid $79 million last September for Sierra Bullets, a highly profitable U.S. firm whose proprietary manufacturing process is said to give ...
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Fishing lifts Johnson Outdoors’ sales
A strong performance by new products released in its fishing segment helped Johnson Outdoors post double-digit growth in sales for its second fiscal quarter ended March 30.The management said its focus on consumer-driven innovation drove growth. However, it added that the negative impact on distribution channels from tough market conditions ...
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Garmin performs well in outdoor and fitness
Driven by growth in the outdoor, fitness, aviation and marine segments, Garmin's sales for the first quarter were up by 11 percent from the year-ago quarter to $711 million. In particular, the outdoor and fitness segments delivered double-digit revenue growth, driven by their wearables.Sales in Garmin's so-called outdoor segment jumped ...
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Moncler posts double-digit growth in all regions
Moncler reported consolidated revenues of €332.0 million for the first quarter of 2018, up by 20 percent from the first quarter of 2017. The increase at constant exchange rates was of 28 percent. The performance was driven by double-digit growth in all geographical areas.In Italy, revenues rose by 10 percent ...
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New comfort technology by GoreTex
W.L. Gore & Associates is launching a new, proprietary Gore-Tex waterproof/breathable construction, called Gore-Tex 3D Fit Footwear, featuring a three-dimensional insert to contour the shape of the foot more effectively, like a sock, in order to deliver a higher degree of comfort.The first two adopters will be Adidas with its ...
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More action for #itsgreatoutthere
The latest action announced by the It's Great Out There Coalition, which continues to grow, is a grant that has been awarded for an interesting project intended to provide evidence that the performance of disadvantaged children in their school education can be improved with more intense physical activity.The project involves ...
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Eoca welcomed 13 new members and exceeded its targets in 2017
The European Outdoor Conservation Association (Eoca) has just released its 2017 Annual Report, in which it summarizes the association's achievements last year. Eoca welcomed 13 new members in 2017: Blackyak, Bestway Europe, Ultralight Outdoor Gear, Proagencies, Wildo Sweden, PT Tasindo Tassa Industries, Frost Guiding Courses, Superfeet Worldwide, Pinguin, 333 Media, ...
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Amer Sports is buying Peak Performance
Peak Performance is to be acquired for about €255 million by the Amer Sports group, complementing the apparel offerings of Arc'teryx and Salomon with those of a more urban and women-oriented brand that has plenty of room to expand in international markets.The Swedish brand of ski, outdoor, golf and fashion ...
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Salomon builds up urban retail and road running
Salomon is raising its investments in retailing and the road running market after a sales increase of 1 percent to €861 million last year, up by 3 percent in constant currencies. The moves come amid significant cutbacks in distribution that have reduced footwear sales in the last months, as described ...
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Amer Sports cuts back on footwear distribution
Sales of outdoor footwear declined at the Amer Sports group in the first quarter, as the owner of the Salomon brand continued to clean up the distribution, in an effort to reduce promotional sales.Footwear sales were down by 9 percent to €141.1 million for the three months, which was a ...
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Columbia grows the most in Europe
Out of all the regions where Columbia Sportswear operates, Europe recorded the largest revenue growth in the first quarter of 2018, helping the U.S. outdoor group to post record profits and margins. Continuing the strong performance registered during the fourth quarter of last year, sales soared in the first three ...
