Latest News & Analysis – Page 199
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Management reshuffle at Cascade Designs
Maurice Brenninkmeijer, who spent the last eight years building up the Outdoor Research brand in Europe, has been appointed as sales manager for central Europe at Cascade Designs, the holding company for brands including Therm-a-Rest, MSR, Platypus, SealLine and PackTowl.Brenninkmeijer is taking over from Bruno Drews, who has been with ...
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Rab performs well, and its parent consolidates
An article in a Norwegian national financial newspaper sparked a boom in sales of Rab in that country last year. The article boasted that a company with only three employees in Oslo had managed to build such a strong business in a highly competitive outdoor market. The management declines to ...
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Restructuring moves lift profit at Lafuma
Restructuring measures implemented at the Millet Mountain Group caused a sales decline of 6.4 percent to €95.7 million last year, but the entity grouping together the Millet, Eider and Lafuma brands in the outdoor and snow market would have raised its sales by 0.8 percent without the impact of these ...
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Strategic adjustments reduce Mammut’s turnover
As the Mammut Sports Group tightened its distribution last year, its sales dipped by 1.9 percent to 228.6 million Swiss francs (€260.8m-$320.7m), but the company saw ample improvements in its own retail and online business, and it points to a slight increase in orders for the summer season.The Swiss outdoor ...
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Gregory remains on a steep climb
The Gregory brand of backpacks generated a sales increase of 17.2 percent to $51.8 million in 2017, according to its parent company, Samsonite International. Gregory's sales grew strongly in North America, Europe and Asia. As before, Gregory outperformed Samsonite's more lifestyle-oriented brand of backpacks, High Sierra, whose sales declined by ...
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Clarus returns to profitability
Clarus Corp, the holding company previously registered as Black Diamond Equipment, saw a return to profits in the fourth quarter of 2017, along with better sales and margins. This was mainly due to a strong performance in Europe and America, along with the contribution from a newly acquired company, Sierra ...
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AOBC’s outdoor products score better than firearms
We generally don't cover firearms and ammunition because we don't consider them to be part of the outdoor market as we see it, and we support the growing public outcry in the U.S. in favor of enforcing stricter gun control laws, after more than 150 mass shooting episodes in country ...
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Outdoor sales boost Garmin’s results
Driven by its outdoor segment and its Fenix line of watches featuring Garmin Elevate wrist heart-rate technology, Garmin's sales for the 13-week fourth quarter ended Dec. 30 went up by 3 percent to $888 million from the year-ago quarter, which had 14 weeks. For the full financial year, the company's ...
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Wolverine wants to grow more internationally
Wolverine Worldwide announced new initiatives to accelerate product development, boost e-commerce and drive expansion abroad, while releasing mixed results for 2017, with lower revenues but higher margins. The group's management also indicated that it may be willing to consider new acquisitions after its recent disposal of several brands including the ...
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Bogs' struggles continue
Bogs did not manage to reverse its fortunes during the latest quarter, after several months of decline. The brand's revenues for the three months ended Dec. 31 fell by 10 percent from the year-ago quarter. The management said that the fourth quarter looked very promising during the early November cold ...
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Rocky Brands returns to profitability
After recording heavy losses in 2016, Rocky Brands's profits improved significantly in the fourth quarter and the full year. Net income came in at $4.4 million, as compared to a net loss of $634,249 for the year-ago quarter.The latest quarter included an after-tax charge of $1.6 million associated with the ...
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OSV moves to new premises, possibly with a new status
While moving into new headquarters, the Outdoor Sports Valley (OSV), a French trade association that brings together companies in the outdoor and winter sports industries, is on its way to a possible change in its status. Local regional authorities have asked it to become a “cluster” in the French sense ...
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Ortlieb case on search engines goes back to lower courts
Ortlieb Sportartikel has suffered a setback in its legal battle with online platforms about their search engine merchandise practices, as the German Federal Court of Justice sent a case about the interchangeability of brands back to the lower courts. According to the company, they had previously ruled clearly in favor ...
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Lenzing announces enhanced sustainability goals
Lenzing has committed to a further substantial reduction of specific emissions within the next four years. The new step includes reducing by 50 percent the group's sulfur emissions by 2022 as compared to 2014, as well as a 20 percent reduction in chemical oxygen demand (COD), which measures the amount ...
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The outdoor market is improving in Europe
The European outdoor market is getting better, as already indicated in our previous issue by the renewed confidence expressed by financial analysts in the publicly listed companies in our sector. A survey of 50 members of the European Outdoor Group (EOG), presented during the Ispo Munich trade show at the ...
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The OutDoor show will move to Munich from 2019, but...
Messe München, the organizer of the Ispo shows in Munich, Beijing and Shanghai, won a clear majority of more than 65 percent of the votes cast by the members of the European Outdoor Group (EOG) in the contest for the future venue of the OutDoor show, starting in the summer ...
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Lower attendance but a good Ispo, going digital
In spite of a drop in the number of visitors, this year's edition of Ispo Munich show got good marks, thanks in part to a good snow season, a new layout of the trade show and exciting new initiatives like the new Ispo Digitize area in Hall A4 with an ...
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Strong 2017 finish for Fenix Outdoor
Fenix Outdoor International finished 2017 with a strong quarter, generating increases in sales and profits in most of its wholesale and retail activities, and its order books are in robust shape for this year so far.The formally Swiss group saw its sales increase by 9.5 percent to €135.4 million for ...
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Super Retail Group is set to buy Macpac
Super Retail Group, a leading Australian sports retailer, has agreed to fully acquire Macpac for $144 New Zealand dollars (€85.8m-$105.8m), as a means to build up its business in the outdoor market across Australia and New Zealand with a four-pronged approach.Owned at a majority by Champ Ventures, Macpac is a ...
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Marmot consolidates with Coleman in Europe
In a new restructuring move, after the recent divestiture on Jarden Corporation's former winter sports equipment business, Newell Brands is exploring strategic options for Rawlings, the American team sports brand inherited from Jarden in 2016 along with any other sports and outdoor brands. It is also merging the European operations ...
