Latest News & Analysis – Page 231
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Peak Performance rejigs ranges and management
Peak Performance has started implementing a strategic plan put forward in May by its chief executive since September, Nicolas Warchalowski, formerly in charge at Haglöfs. While there have been few adjustments to the Swedish brand's ski and golf ranges, it has begun to rethink its outdoor and casual sports apparel.The outdoor ...
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Fresh start for Royal Robbins in Europe
Royal Robbins, an American brand of outdoor and travel garments that predominantly targets women, is making a fresh start in Europe, with an increased sales effort and a range that has been adjusted for the European market.European distribution has been handled for many years by Bradshaw Taylor and the brand ...
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Gregory establishes European and Asian hubs
Gregory Mountain Products has created regional hubs in Europe and Asia to support its expansion in these markets. They are part of the extra resources allotted to Gregory after its takeover last year, when Black Diamond sold the brand to Samsonite International.While selling the most technical backpacks from the global ...
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Pelican weighs European partnerships and acquisitions
Pelican International is studying European expansion and acquisitions of complementary suppliers, as the appointment of a new president will enable the Canadian water sports equipment company to focus more strongly on strategic development. Marie-Christine Piedboeuf, currently vice-president of operations, is to become president from the beginning of September. She joined ...
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Black Yak prepares for European relaunch
Black Yak, the Korean outdoor brand, has hired a seasoned executive to head up its European sales. Patrik Steinhilber joined Black Yak in Munich earlier this month, as the brand is finalizing a range for its European relaunch in the second half of next year.Steinhilber built up his career at ...
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Moncler posts higher revenues, operating profits and net result
Moncler reported a 35 percent sales increase in the first half of 2015, with sales reaching €295.8 million and positive performances across all its markets. At constant exchange rates, the sales growth was limited to 26 percent. New openings played an important role, together with a strong contribution from stores ...
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Crocs is not yet out of the woods
Crocs' new focus on fewer products, fewer stores and fewer geographical markets is not expected to bear its best fruits until the first half of 2016. Gregg Ribatt, the company's new chief executive, sees the business continuing to stabilize around the globe, and sales declined by 8 percent in the ...
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Vaude becomes more sustainable
Vaude has announced that around 87 percent of its summer 2014 clothing range bore the Green Shape label, an increase of 18 percent as compared to summer 2013. This is one of the highlights from the recent sustainability report released by the German outdoor brand for 2014. Green Shape is ...
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EOG reports small, yet widespread outdoor market growth
The European Outdoor Group (EOG) estimates that the European outdoor market reached about €4.8 billion in wholesale value last year, which was an increase of 1.2 percent in euros and 1.4 percent in volume. Retail sales are estimated to have reached about €10.2 billion, based on the results of its ...
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Vista Outdoor buys a SUP brand and Camelbak
Moving very quickly with its intended strategy to expand in the outdoor and recreation sector, Vista Outdoor announced the takeover of Jimmy Styks, a small marketer of stand-up paddle (SUP) boards and related accessories, and - just a few days later - of Camelbak Products, the leading supplier of hydration ...
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A Korean group buys Wild Roses
Gregor Furrer & Partners has sold the global rights to the Wild Roses brand of women's outdoor products at an undisclosed price to its Korean licensee, Fashion Group Hyungji, which has been marketing it successfully through a network of 120 mono-brand stores in its domestic market, offering a full line ...
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Columbia posts record sales and raises full-year outlook
Columbia Sportswear reported a sales increase of 17 percent to $380.2 million in the second quarter. On an organic basis, excluding the acquisition of Prana and foreign currency impacts, the turnover went up by 11 percent in the quarter, which is the company's smallest one in terms of revenues, historically ...
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Amer posts higher sales and margins
Amer Sports reported sales of €461.1 million for the second quarter, representing increases of 23 percent in euros and 9 percent increase in local currencies. The currency-neutral sales increase was driven by double-digit growth in outdoor. Europe was the weakest region. Excluding the acquisition of Louisville Slugger, an American baseball brand ...
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Sales and profits drop in Jarden’s outdoor segment
For the second quarter ended June 30, Jarden Corp. reported sales of $2.01 billion, up from $1.98 billion for the same period in 2014. Organically, sales grew by 7.0 percent or $138 million. The company said its results were in line with its expectations.Jarden's Outdoor Solutions segment, however, saw sales ...
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VF posts higher revenues in Outdoor & Action Sports
VF Corp. saw consolidated revenues increase by 4.7 percent in the second quarter, or by 10 percent on a currency-neutral basis, reaching €2,513.9 million. The growth was especially driven by its Outdoor & Action Sports coalition, whose sales jumped by 16 percent on a currency-neutral basis, with double-digit increases for ...
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Targeting outdoor athletics, TNF regionalizes EMEA
The North Face turned up at the OutDoor fair with an adjusted range, launching the Mountain Athletics line into European wholesale accounts and displaying a much narrower and upgraded Summit Series.Already on the market in North America, the Mountain Athletics range provides apparel and footwear for people who train for ...
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Lafuma ‘s sales decline, but net results improve
The Lafuma Group registered a 6.3 percent sales decline in the first half of 2015, down to €80.1 million. The company booked an operating loss of €293,000 for the period against a profit of €1,306,000 in the first six months of 2014, attributing it to the lower turnover, investments in ...
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Thule performed well in Q2
The Thule Group reported a 78.9 percent jump in net income to 254 million Swedish kronor (€26.8m-$29.4m) for the second quarter ended June 30. Sales increased by 20 percent to SEK 1.70 billion (€179.4m-$197.0m), and they were up by 6.4 percent on a currency-neutral basis. However, the gross margin declined ...
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Wolverine accelerates
Wolverine Worldwide's consolidated revenues grew by 2.7 percent to $630.1 million for the second quarter ended June 20, with a 4.9 percent increase on a currency-neutral basis. They actually went up by 6.9 percent without including the discontinued line of Patagonia footwear and sales at the corporate stores that have ...
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The strong dollar affects Deckers
The parent company of Ugg, Teva, Sanuk and other brands reported increased net losses of $47.3 million for its first quarter, ended June 30, as compared to $37.0 million in the same period a year ago. At 40.5 percent, the gross margin was 0.5 percentage points lower than a year ...
