Latest News & Analysis – Page 206
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Anouk Kooijmans takes Nomad’s leadership
Anouk Kooijmans has become chief executive of The Nomad Company, the Dutch outdoor company founded by her late father, which has been stabilized and upgraded in the last two years under the leadership of Peter Korver, a high-profile manager in the European sports and outdoor industry.Anouk Kooijmans is the daughter ...
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Explosive growth for Dachstein
Dachstein is still a small player in the global rugged outdoor footwear market, with a strong focus on the domestic Austrian market, but it is developing strongly internationally and its annual sales have shot up from €700,000 to €7 million in the last four years under a new management.Interesting initiatives ...
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Blue Ice launches its U.S. business
Blue Ice, a French-based company specializing in mountaineering equipment, has opened an office in Salt Lake City with backing from several former Black Diamond employees who are developing Blue Ice's hard goods range.The office is headed by Bill Belcourt, head of research and development at Black Diamond until November 2015 ...
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GoPro sees the light at the end of the tunnel
GoPro's shares jumped by 21.3 percent after the company announced that it expects fewer losses for the third quarter, following better-than-expected results for the second quarter. It also revealed that it is on track to launch the latest version of its flagship camera for the holiday season.The company's battered share ...
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Vaude expands its sustainable supply chain initiative
Vaude has announced plans to extend its initiative “Environmental Stewardship in the Supply Chain” to all its textile suppliers. The pilot project, which was partially funded with grants, has just completed a two-year phase with positive results, the company said. The project was launched in 2015 to train Asian suppliers ...
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Strong progress for Lenzing
Lenzing has posted its best half-year results with sales up by 11 percent to €1.15 billion in the first six months of 2017 ending in June. Profits for the Austrian-based maker of botanic cellulose fibers rose to €150.3 million, a jump of almost 60 percent over the same period in ...
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Stuttgart is a new candidate for the OutDoor show
The European Outdoor Group says it is making good progress with its Vision 2020 project, which is intended to establish a longer-term future for its OutDoor fair as Europe's premier outdoor trade show.As previously reported, the EOG has conducted an extensive survey to establish the foundations for a more successful ...
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Atomic and Salomon quit Ispo
Atomic and Salomon, two brands that jointly claim a share of 35 percent in the difficult alpine ski equipment market, have decided not to exhibit at the next Ispo Munich show, scheduled for Jan. 28-31. Armada, a ski brand recently acquired by the same group, will not show there either, ...
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Outdoor participation on the rise in the U.S.
Nearly half of the U.S. population participated in an outdoor activity at least once in 2016. According to the latest Outdoor Recreation Participation Report by The Outdoor Foundation, released on Aug. 7, the participation rate was 48.8 percent, up from 48.4 percent in 2015. That means an addition of around ...
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The global outdoor shoe market grew by 2.9%
The global revenues from branded outdoor shoes by major vendors grew by 2.9 percent to $4.71 billion in 2016, according to an annual survey by The Outdoor Industry Compass, with increases of 2.4 percent in the U.S. and 3.5 percent in the rest of the world.The branded rugged outdoor footwear ...
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Higher losses for BD
Black Diamond reported lower margins and higher operating losses for the second quarter as compared to a year ago, due to a number of factors, but the management remained bullish about the balance of the year, due to many new product introductions, supported by higher marketing spend.Sales went up by ...
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Johnson Outdoors posts record-high profits and revenues
Johnson Outdoors reported double-digit growth in sales for its third fiscal quarter ended June 30. Strong demand for new products drove significantly higher volumes and a nearly three-fold increase in net income compared with the year-ago quarter.Revenues jumped by 11.0 percent to $155.3 million in the quarter. They were boosted ...
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Mixed results for Newell
In the second quarter of the group's financial year, ended June 30, sales declined by 2.1 percent on a comparable basis in Newell Brands' Play segment, which comprises the brands formerly included in the Outdoor Solutions division of Jarden Corp. except for Marker, Völkl and other winter sports brands.The winters ...
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TNF’s European business thrives
VF Corporation slightly raised its guidance for the full year after sizeable gains for its largest outdoor and sports brands in the second quarter. They were driven by own retail sales and international markets, with particularly buoyant demand for The North Face in Europe.The seasonally small quarter marked another shift ...
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TNF bets on segmentation and women in Europe
The North Face (TNF) is preparing to more intensely target female consumers in Europe next year, after the integration of the former Lucy brand into the outdoor company's range. Women's products currently make up about 30 percent of TNF's sales in the region across all product categories.VF Corporation, the owner ...
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Columbia to ramp up marketing and online investments
Columbia Sportswear has embarked on a project to increase brand awareness and sales growth across its wholesale and retail business, with a focus on digital sales and infrastructure. This comes after an assessment of the outdoor group's operating model, which has already led to a substantial management reshuffle last month.Project ...
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Outdoor apparel shines at Amer
Buoyant outdoor apparel sales fueled meager growth for the Amer Sports group in the second quarter, with unabated strong demand for Arc'teryx garments as well as double-digit growth in the turnover of Salomon's outdoor clothing.The Amer Sports group's outdoor apparel sales jumped by 21 percent to €59.2 million for the ...
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Lafuma’s earnings rocket on lower sales
The Lafuma Group reported a net income of €4 million for the first six months of the year, compared with only €42,000 for the year-ago period. This is despite a drop of 4.9 percent in revenues to €81.4 million.As an exception, the surf division, which generates 95.0 percent of its ...
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Deckers rebounds
Deckers Brands reported a 20.3 percent increase in total sales to $209.7 million for the first quarter of its financial year through the end of June, due in part to a higher-than-expected jump of 74.2 percent to $30.7 million in the revenues of Hoka One One, thanks to good reorders ...
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Pentland’s Ebit grows beyond 10%
The Pentland Group has reported a 21 percent increase in total revenues to £2.9 billion (€3.2bn-$3.8bn) in 2016, driven by the ongoing expansion of JD Sports Fashion, the U.K.-based sports, outdoor and fashion retailing group in which it has majority control.The group's operating profit jumped by 50 percent to £331 million ...
