Latest News & Analysis – Page 203
-
Article
Mountain Warehouse heads for the Dutch and Czech markets
Mountain Warehouse is preparing to move into two more countries, the Netherlands and the Czech Republic, after the company continued to expand with a sales rise of 19.3 percent to £91.6 million (€102.4m-$122.2m) in the six months ended on Aug. 27.The British outdoor retailer's international sales jumped by 50 percent ...
-
Article
Ellis Brigham launches a new store concept
Ellis Brigham Mountain Sports, the British outdoor retail chain, has launched a new outdoor retailing concept with a first store in Liverpool, called Outsiders Store. It sells less technical and more utilitarian and lifestyle-oriented products from brands such as The North Face, Fjällräven, Danner, Patagonia and New Balance as well ...
-
Article
Quechua will internationalize virtual testing of tents
Testing the different tent models in the store may be a problem due to space constraints. This is why virtual reality (VR) appears to be particularly useful for the sale of this kind of product. Thanks to a headset developed by Valtech, Decathlon is now giving customers the possibility to ...
-
Article
Munich, Hamburg, Stuttgart and Milan are racing against Friedrichshafen
Five organizers of trade shows have been officially selected by the European Outdoor Group (EOG) as potential candidates to hold the European OutDoor show from 2019 on. Confirming an earlier report, aside from the Milan fair, the four others are all German. In addition to the trade show organizations in ...
-
Article
Oberalp pulls out of the Ispo show
Repeating what it had done at the OutDoor show in Friedrichshafen last June, the Italian Oberalp group has confirmed its decision to stop exhibiting the ranges of its Salewa and Dynafit brands at the Ispo Munich show, investing instead in a big international sales meeting. Like Amer Sports, which is ...
-
Article
Wanted: EOG’s new secretary general
Inviting applications from suitable candidates, the European Outdoor Group (EOG) has formally started the recruitment process for a new secretary general to replace Mark Held, the British executive who has held the post since 2005. He already announced at the OutDoor show in Friedrichshafen in June that he had decided ...
-
Article
Pentland reorganizes for efficiencies and possible acquisitions
Pentland Brands is rationalizing the management of its various brands in the U.K. by closing two offices in Stockport and Wakefield, which currently host the operations of its two team sports brands, Canterbury and Mitre, respectively. These operations are set to be moved to Speedo's existing international headquarters in Nottingham ...
-
Article
Wolverine raises guidance after better-than-expected results
Wolverine Worldwide reported a drop in revenues of 3.7 percent to $581.3 million for the 13 weeks to Sept. 30. Adjusted revenues, which take into account an extra week added through a change in the financial calendar, were down by 8.0 percent. The year-ago quarter had 12 weeks and ended ...
-
Article
Strong growth for the former Black Diamond
Clarus Corp, the holding company previously registered as Black Diamond Equipment, saw sales in the third quarter jump by 16.2 percent to $45.8 million, boosted by the climbing category and the acquisition of Sierra Bullets on Aug. 21, which added $3.5 million to the quarterly turnover. Excluding the acquisition, revenues ...
-
Article
Gregory performs better than High Sierra
Samsonite International reported a 19.6 percent increase in total sales to $915.6 million for the third quarter ended Sept. 30, including growth of 18.7 percent in local currencies, but this was mostly due to acquisitions. On an organic basis, excluding Tumi and the eBags business, which were taken over in ...
-
Article
Better margins for Peak Performance
Peak Performance improved its operating margin by three percentage points to 20.8 percent during the first quarter ended Sept. 30, as compared to the same period a year ago, according to its parent company IC Group, thanks mainly to higher average selling prices and higher gross margins.The brand's sales were flat ...
-
Article
Vista will divest its eyewear brands
Vista Outdoor's new chief executive, Chris Metz, announced plans to sell its three brands of sports eyewear – Bollé, Cébé and Serengeti – as part of a review of its brand portfolio that is about to be completed, while the company released a pretty bad set of figures for the ...
-
Article
Craft invests in footwear and team sports
The New Wave Group suffered a 6 percent sales decline to 616.8 million Swedish kronor (€62,4m-$74.4m) for the three months until September in its sports and leisure division, which involves a dozen brands including Craft and Cutter & Buck and partnership with Speedo in the Scandinavian markets.The decline was blamed chiefly ...
-
Article
Moncler posts double-digit sales growth
Moncler posted consolidated revenues of €736.8 million for the first nine months of 2017, representing a 15 percent increase from the first nine months of 2016 at current exchange rates, or a 16 percent increase at constant exchange rates. All regions posted double-digit growth with the exception of Italy, where ...
-
Article
Canada Goose pulls off stellar results
Canada Goose raised its guidance following a strong performance in both the direct-to-consumer (DTC) and wholesale channels for its second fiscal quarter ended Sept. 30. Shares in the company jumped by 14.1 percent after the release of the results, which topped Wall Street's expectations by a significant margin.Sales climbed by ...
-
Article
Better results for Crocs
Although Crocs' revenues for the third quarter were off by 1.1 percent from the year-ago quarter, down to $243.3 million, they were above the top end of the company's revenue guidance, exceeding analysts' expectations. Income from operations improved to $2.7 million, as compared to last year's loss of $1.2 million.The ...
-
Article
Invista sells apparel & advanced textiles business
Invista has entered into a definitive agreement with Shandong Ruyi Investment Holding, a Chinese textile group, to sell Invista's apparel & advanced textiles business, one of Invista's four major business units. The transaction includes well-known brands such as Lycra and Coolmax, among others, while it does not include Cordura, which ...
-
Article
Eoca welcomes new members
Ten more companies and brands have joined the European Conservation Association (Eoca). Here is the list:- Pinguin, one of the oldest Czech producers of camping and other outdoor equipment;- Ultralight Outdoor Gear, a British distributor of outdoor products;- 333 Media, a Dutch media agency that is a media partner of ...
-
Article
Eoca announces five conservation projects it will support
The European Outdoor Conservation Association (Eoca) received applications from 131 conservation organizations for its autumn funding round. For the third consecutive year, the association held two rounds for the allocation of a total of €300,000 this year, which will support conservation projects with a link to outdoor enthusiasts worldwide.From the ...
-
Article
VF buys Icebreaker
VF Corp. has announced a definitive agreement for the takeover of Icebreaker Holdings, the merino wool apparel specialist from New Zealand. The transaction should be completed early next year. The price of the acquisition has not been disclosed, but VF said that it will be immediately accretive.Icebreaker will nicely complement ...
