Latest News & Analysis – Page 225
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Peak Performance invests in upmarket store concept
Peak Performance is preparing to refit all of its own stores in the next two years, as part of a strategic shift for its urban outdoor range. With light grey flooring and original beam patterns on the ceiling, the retail concept matches a more premium appearance for the Swedish brand.Peak ...
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Thule expands in outdoor, improves margins
The board of directors of Thule Group has set a new target of 17 percent for the company's operating margin (Ebit) after a year in which it reached a level of 16.0 percent, well above the previously set target of 15 percent. After its strategic repositioning in the outdoor and ...
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Ample gains for outdoor division at Amer Sports
Amer Sports ended last year with a robust fourth quarter, again fueled by sharp rises in apparel and footwear sales. The turnover of the Finnish group, with brands from Salomon to Atomic, Arc'teryx, Wilson and Precor, among others, increased by 11 percent to €783.7 million, with a rise of 6 ...
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Vista Outdoor grows strongly
Vista Outdoor reported a 17 percent sales increase to $593 million for its third quarter, ended Jan. 3, generating net income of $43.2 million against a loss of $11.2 million in the same period a year ago, and thus beating analysts' expectations. The gross margin improved by 1.82 percentage points ...
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Good momentum and big goals for Tecnica
Tecnica Group appears to rebound. Preliminary figures indicate that the Italian company reached a sales increase of around 10 percent to about €330 million in 2015, thanks mainly to the introduction of new products. The estimates excludes the Dolomite brand, which was sold to Scott Sports Group in November 2015.The ...
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Wolverine changes its brand structure again
Wolverine Worldwide announced the resignation of Jim Gabel, president of its Performance Group, saying that he is relocating back to Canada for personal reasons. He had joined Wolverine two years ago after running Adidas Canada.With his departure, Wolverine is again reshuffling its brand management structure, creating a new operating group, ...
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Deckers restructures after poor results
Besides Wolverine Worldwide, which will announce its financial results later this month, another big American multi-brand conglomerate, Deckers Brands, is changing its brand management structure, too. It is creating two new business units: the Fashion Lifestyle Group with Ugg and the recently acquired Koolaburra brand, and the Performance Lifestyle group ...
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Garmin acquires DeLorme
Garmin has entered into an agreement to purchase substantially all of the assets of DeLorme, a privately-held company that produces maps and hand-held satellite communications. The terms of the transaction, which is expected to close by mid-April, were not disclosed.The DeLorme portfolio include the inReach series of two-way satellite communication ...
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Haglöfs remakes range and marketing
Haglöfs, the Swedish outdoor brand, has changed its pay-off and altered its offering as part of wider strategic changes started last year. While Haglöfs had been sold for many years as “Outstanding Outdoor Equipment,” the brand has switched its payoff to “Beat the Elements,” which will be launched at retail ...
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Icebug continues to grow by 30%
Icebug got an Ispo Award last month for an interesting new and versatile “three-season sneaker” for everyday use, which it demonstrated at the Ispo Munich fair. It features a suede leather upper and a rubber sole fitted with two of its patented traction technologies. The rubber compound provides traction on ...
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Birkenstock cancels order stop
The moratorium on new orders that was announced by Birkenstock on Oct. 30 last year was formally lifted at the start of the GDS show in Düsseldorf. From last November to this February, Birkenstock stopped taking orders for any of its products, due to bottlenecks in the supply chain.Birkenstock again ...
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Outdoor brands under Greenpeace scrutiny
Leading outdoor brands have reaffirmed their commitment to eliminating per- and polyfluorocarbons (PFCs) from their production after Greenpeace said it has found “hazardous PFCs” in outdoor apparel, footwear and other products tested for its latest report on outdoor gear, called “Leaving Traces.” At a packed press conference at Ispo Munich, ...
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Outdoor Sports Valley launches new start-up incubator
Outdoor Sports Valley (OSV) is launching an incubator dedicated to specifically help entrepreneurs in the outdoor sports industry, a first in Europe according to the association. The Annecy Base Camp, managed directly by OSV, will be located in the Glaisins business park, an area that overlooks the basin of Lake ...
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Black Diamond Europe relocates to Innsbruck
As we had indicated in our previous issue, Black Diamond is closing its European office near Basel in Switzerland. Only seven of its 40-odd employees will stay with the company and move to Innsbruck, the vibrant outdoor city in Austria chosen as the new venue, including two managers, Craig Foster ...
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Intersport claims rising market shares in outdoor
The management of Intersport International Corp. (IIC) claims that its banner continued to gain market shares in the European outdoor market in 2015, with its affiliated retailers booking a sales increase of just over 4 percent in this segment against an estimated growth of only around one percent in the ...
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Tutwo takes on Salewa
Salewa has teamed up with Tutwo (Xiamen) Outdoor Co., which is probably the second-largest Chinese outdoor retailer after Sanfo Outdoor Products, for its distribution in the Chinese market. The agreement comes after the Italian outdoor company, owned by Operalp, put an end to a previous Chinese joint venture created with ...
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Macpac to explore more markets under new ownership
Macpac intends to bring apparel into Europe following an agreement by Champ Ventures, an Australian private equity partnership, to acquire 90 percent of the shares in the New Zealand outdoor apparel and equipment brand. The transaction, which was agreed at undisclosed terms, is expected to be finalized at the end ...
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Changes at Camelbak in the U.S. and Europe
Sally McCoy is leaving as chief executive of Camelbak Products after nine years in the role and five months after its sale by Compass Diversified to Vista Outdoor. A well-known personality in the outdoor industry, McCoy grew Camelbak from $122.2 million in 2010 to $160 million before the latest change ...
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Former Wenger managers rethink Swiss knives
Several former managers at Wenger have returned to the Swiss knives market with the Swiza brand. Targeting outdoor retailers and department stores, they are currently expanding their distribution in Europe and aiming at both parts of America for the years to come.Swiza knives are marketed by Helvetica Brands, which is ...
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New Woolrich Europe launches a more technical line
In order to support a new development plan for its licensed Woolrich brand, WP Lavori in Corso has split itself into two entities with the creation of a new legal structure called Woolrich Europe, effective Jan. 1. Like WP Lavori in Corso, the new Woolrich Europe will also be fully ...
