Latest News & Analysis – Page 200
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Coleman and Marmot perform well
Newell Brands reported strong growth for Coleman, Marmot Mountain, Contigo and its own Team Sports segment in the fourth quarter of 2017. Slightly offset by declines in the Fishing segment, they helped lift ”core sales” at its Play division by 5.4 percent during the period. Adding assets that are due ...
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Lower sales and profits at Vista Outdoor
Vista Outdoor reported a drop of 11 percent in the total turnover to $581 million for the third quarter of its financial year ended Dec. 31. It was due essentially to deeper discounting of accessories because of market pressures in a continuously challenging retail environment in the U.S., which also ...
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TNF continues to thrive in Europe
The North Face finished the year with a whopping rise in European demand, as its sales soared by 38 percent in Europe, the Middle East and Africa (EMEA), amounting to a jump of 32 percent in constant currencies.The outdoor brand's European sales have been growing at a double-digit rate for ...
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Germany is in focus for The North Face
The North Face is aiming to significantly increase its market share in Germany, after several management changes, increased retail investments and a pick-up in consumer interest that transpired with a jump of 27 percent in the outdoor brand's own online sales in the country last year.The sustained growth of TNF's ...
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Columbia Sportswear soars in Europe
Columbia Sportswear raised its sales by 19 percent in Europe, the Middle East and Africa (EMEA) to $83.5 million for the fourth quarter of 2017, up by 14 percent in constant currencies. It was the strongest regional increase in a better-than-expected quarter for the U.S. outdoor company, which ended the ...
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Columbia will boost European marketing
The Columbia Sportswear group's European business could benefit from a sizeable increase in marketing spend in the next years, after a sharp uptick in its European sales and profit margin in 2017.The group decided last year to reorganize its business, which should make more resources available for marketing, and make ...
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Patagonia gains traction in Europe
Despite some downsizing in its regional distribution, Patagonia managed robust double-digit growth in its European business in 2017. It regional sales have more than doubled in the last three years to reach nearly €100 million, and 2018 has started off with a favorable trend.Patagonia achieved some of the strongest upticks ...
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Strong quarter for Amer
Amer Sports ended the year with a strong quarter for its winter sports, outdoor and fitness products, which made up for weakness in the ball sports business and enabled the Finnish group to report gains in sales for the full year.The group's turnover for the quarter moved up by 4 ...
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Arc'teryx performs well in China
China has become the second-largest market for Arc'teryx, after a buoyant year that saw the outdoor brand's global sales move up to about €340 million, amounting to a strong double-digit sales increase in constant currencies.Arc'teryx has contributed much of the increase of the Amer Sports group's outdoor apparel division. As ...
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Thule is upbeat
Posting strong revenues for 2017, the Thule Group said it had a “fantastic” year as it managed to broaden its product offering for future growth, especially in the Packs, Bags & Luggage category. The management added that it is looking forward to an “exciting” 2018, and is currently ramping up ...
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Icebreaker exposes its supply chain
Icebreaker has decided to bare all about its supply chain in a global Transparency Report that details its relationship with growers, its environmental and human resource policies as well as the composition of its garments, among many other details.The report indicates that about 85 percent of the materials going into ...
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Moncler's new strategy targets fickle consumers
Moncler has announced a new and speedier strategy dubbed Moncler Genius, which will see the brand's collections follow the pace of younger and more fickle consumers. The brand will now collaborate with eight new guest designers on monthly collections, for men and women, of its jackets, knitwear and accessories. Instead ...
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Canada Goose flies high
Canada Goose has reported a revenue increase of 27.2 percent on an annualized basis for the third quarter ended Dec. 31, 2017, with revenues reaching 265.8 million Canadian dollars (€171.6m-$2105m) in the quarter. Adjusted net income of C$64.6 million (€41.8m-$51.2m) compares to an adjusted net income of C$44.9 million in the ...
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Peak Performance raises profit margins
Peak Performance is continuing to reap the benefits of the changes implemented in the last three years, with a sales jump of 17.2 percent to 313 million Danish kroner (€42.1m-$51.6m) for the three months until the end of December, and a 24.5 percent rise in operating profit to DKK 61 ...
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Deckers’ results exceed guidance
Deckers is continuing its recovery, exceeding its projections for the second consecutive quarter, after a period of mixed results in the past few years. Its better-than-expected performance in its third quarter, ended Dec. 31, led the company to raise its full-year outlook by approximately $500 million. It now expects sales ...
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Vaude's sales up 6.3%
Vaude reported at the Ispo show in Munich that its total sales increased by 6.3 percent in 2017 as compared to the previous year. Sales in Germany, the company's domestic market, went up by 7 percent. Else where they grew by 4 percent, down from the 8.7 percent recorded in ...
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The Otto family takes over Sympatex
Members of the family that own the big German Otto Group have acquired all the shares of Sympatex Technologies, following a financial reorganization of this well-known developer of functional materials. According to Sympatex, there will be no structural changes or staff restructuring initiatives and Sympatex will still operate as an ...
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More brands adopt Michelin soles
The turnover of JV International, the company that is marketing Michelin technical outsoles for outdoor, sports and work shoes, enjoyed a sales increase of 40 percent in 2017, and its management is targeting similar growth for this year. It still has a long way to go, as its market share ...
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Outdoor industry stocks outperform
After a relatively flat performance in 2016, the stock market capitalization of the sporting goods sector rose by 19.3 percent in terms of local currencies in the course of 2017, in tune with a generally buoyant trend in the stock exchanges. In dollars, the total market capitalization of the 81 ...
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Bergzeit targets new markets
Bergzeit is set to reach sales of more than €50 million for the fiscal year until the end of February, and large-scale investments in infrastructure and marketing should support plans to expand sales at an annual rate of at least 20 percent in the next few years.The German online outdoor ...
