Latest News & Analysis – Page 227
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Outdoor companies speak out around climate conference
Patagonia and VF Corporation were among the outdoor-related companies that weighed in on the debates around climate change as the 2015 United Nations Climate Change Conference (COP 21) was held in Paris earlier this month.The production of cotton and the textile and apparel manufacturing industry in general will have to ...
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Houdini partners with Albaeco on Planetary Boundaries business assessment
Houdini Sportswear, the Swedish outdoor clothing company, is collaborating with Albaeco, a Swedish non-profit organization, on what it calls the first corporate Planetary Boundaries Assessment. The Planet Boundaries framework was first introduced in 2009, when a group of 28 scientists - led by Johan Rockström from the Stockholm Resilience Centre ...
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Millennials and Gen Z reshape the market
Millennials were at the center of many discussions at the European Outdoor Summit (EOS) in Sheffield, as demanding consumers as well as employees who could help outdoor companies to adjust to the increasingly volatile environment around them.Millennials are people who grew up with the internet and digital services, and are ...
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Calls for more visible and green innovation
Since the sports and outdoor shop run by Rainer Angstl in Munich is situated in the same building as an Apple store, the chief executive at Sporthaus Schuster witnessed first-hand the queue forming several days ahead of the launch of the Iphone 6S a few weeks ago. It started with ...
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Data can determine success in addressing consumers
Retailers need to be more proactive and service-oriented, and they must collect and make use of customer data to survive in this age of strong technological and social change, said Colin Bradshaw, one of the speakers at the European Outdoor Summit in Sheffield last month, in a speech on the ...
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Doug Tompkins has passed away
Douglas R. Tompkins, the American entrepreneur and conservationist who founded The North Face in 1964 or 1966, according to conflicting reports, and Esprit in 1968, died in a kayaking accident on General Carrera Lake in the Patagonia region of Southern Chile on Dec. 8. He was 72 years old. ...
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Scott buys Dolomite, works on another deal
The Scott Sports group continues its strong external growth strategy. We understand that it is already working on another acquisition, which may be sealed before the end of this year, after striking a preliminary agreement last month for the takeover of Dolomite from the Tecnica Group.Scott's management indicates that ...
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Fenix brands on the rise
The acquisition of Globetrotter, the leading German outdoor retailer, contributed the largest part of sales expansion for the Fenix Outdoor International group for the third quarter, but the company's outdoor brands and its retail operations in Sweden and Finland all generated organic growth.Fenix acquired a majority stake in Globetrotter last ...
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Good progress for Thule
The Thule Group reported this week on a continued favorable trend in sales and earnings for its Outdoor & Bags segment, which is getting full attention from the management due to its new strategic focus on the sport and outdoor sector. Its commuter cycling backpack won first prize last month ...
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Steady growth for Deuter and Ortovox
The outdoor division of the Schwan-Stabilo group, comprising the Deuter and Ortovox brands, raised its sales by more than 15.2 percent to €112.2 million for the fiscal year until the end of June, compared with a rise of 13.5 percent the previous year. The division was enlarged in July with ...
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New CEO at Klättermusen
Gonz Ferrero, a young investor and executive with experience in digital business and Asia, was appointed chief executive at Klättermusen in October. He takes over from Johan Nordqvist, who left the company in May, only about a year after he was placed at the helm following a change of ownership ...
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Osprey expands
Osprey Europe is moving to larger premises to cope with its strong growth in the region, where its sales grew by 26 percent to more than £20 million (€27.9m-$30.4m) for the 12-period ended last July 31. Orders for spring/summer 2016 are up by 28 percent from the year-ago level.Osprey will ...
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Strong results at Columbia, except in Russia and Asia
A slump of more than 30 percent in sales to distributors in Europe, the Middle East and Africa hurt Columbia Sportswear's performance in the region for the third quarter. Chiefly attributed to Russia, where Columbia works through Sportmaster, this decline could not be entirely compensated with sales expansion at a ...
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VF’s outdoor and action sports perform well
Double-digit sales expansion for the outdoor and action sports brands owned by VF Corporation supported the company's 8 percent sales rise for the third quarter in constant currencies. They contributed sales of $2,296.5 million, which was an increase of 5 percent in dollars and 13 percent in constant currencies. Their ...
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Wolverine works on product pricing
To protect its international business from the strong increase in the value of the dollar, Wolverine Worldwide selectively adjusted the price of some products upwards outside the U.S. earlier this year, recognizing that this could put pressure on sales. As company officials feel that the strength of the dollar will ...
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Strategic changes pay off at Amer Sports
Following strategic changes begun last year, the balls sports business at Amer Sports contributed a sharp rise in the group's sales for the third quarter, while the company's turnover continued to advance briskly in apparel, footwear, own retailing and China.The Finnish group's sales increased by 11 percent to €713.7 million ...
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Moderate growth for Jarden’s outdoor unit
Jarden Corp. reported a 3.6 percent drop in sales in the third quarter to $654.5 million for its Outdoor Solutions segment, which includes Coleman, K2, Völkl, Marker, Dalbello, Marmot, Berkley, Shakespeare, Rawlings and about 15 other sporting goods brands. Organically, sales rose by 3.7 percent. The segment's earnings inched up ...
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Deckers hires Stefano Caroti for omni-channel
Stefano Caroti is a seasoned sporting goods industry executive who spent 23 years at Nike and six at Puma, where he served most recently as chief commercial officer. In his previous career at Nike, he ran the company's Italian and German subsidiaries before taking care of footwear and then retail ...
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Garmin is hit by currencies
Fitness-related devices generated a sales increase of 23 percent to $143.2 million for Garmin in the third quarter, nearly making up for declines in other product categories, from outdoor to automotive and aviation, while marine sales were flat.The group's sales slipped by 4 percent to $679.7 million for the quarter. ...
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New products and brand architecture for Gore
W.L. Gore will rearrange its various labels, starting with new clothing items being introduced by manufacturers for the autumn/winter 2016/17 season, in connection with the launch of three new products, Gore Thermium, Gore Windstopper with Insulation and Gore Windstopper for Light Rain Resistance.The new brand architecture is designed to help ...
