Latest News & Analysis – Page 234
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Management buys French outdoor retailer
It was confirmed last month that two French investment companies supported a management buy-out of Chullanka, a group of three French outdoor, mountain sports and cycling stores previously owned by Decathlon. The leading French sports retailer said earlier this year that it was selling interests in Chullanka and other retail ...
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Mountain Warehouse to intensify foreign openings
Buoyed by the growth of the U.K. cycling business, Mountain Warehouse reports that its sales jumped by 20 percent to £109.9 million (€150.5m-$170.6m) for the full year up to the end of February. The British outdoor, cycling and running retailer, which sells mostly private label products, enjoyed increases of 9 ...
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Online retailers join EOG
Several online retailers have joined the European Outdoor Group (EOG), among five new members who increased the retail membership to 13 companies. The association only started accepting retail members last October.Among the online retail members is Internetstores, the company behind Campz, Addnature and Fahrrad.de. Another is Bergfreunde.de, the German online ...
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Black Diamond’s CEO in waiting resigns
Zeena Freeman, who was to become Black Diamond's chief executive this month, has resigned as the company's president and stepped down from its board of directors after it indicated earlier this year that it was studying a potential sale of its three remaining brands. This came after the lucrative sale ...
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BD reinforces product development
Doug Heinrich has been appointed senior vice president of product at Black Diamond, to supervise development across its equipment and apparel categories. The U.S. outdoor company said this was part of a drive to unify the development teams for apparel and equipment – about two years after the launch of ...
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New CEO for Bergans
Leif Holst-Liæker will take over as chief executive of Bergans Fritid, the supplier of outdoor products known also as Bergans of Norway, during the fourth quarter of 2015. He will join the company at a time when it is enjoying strong growth. Orders for the next autumn/winter season are up ...
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Scott gets European license for Outdoor Research
Outdoor Research (OR) has issued a European license to Scott Sports, starting from the beginning of this month, which will enable the U.S. outdoor company's European team to focus on sales and marketing.The move comes about three months after Youngone, the Korean company that bought a majority stake in OR ...
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Vista builds for expansion
Vista Outdoor, the owner of the Bushnell, Bollé and Cébé brands, is preparing to move to a new corporate head office at Station Park in Farmington City, Utah. Construction on the facility is to start this summer and is expected to be completed toward the middle of next year.Formed earlier ...
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Deckers grows strongly abroad
On a currency-neutral basis, international sales rose by 26.6 percent during the financial year ended March 31 for the parent company of Ugg, Teva, Sanuk and Hoka One One, and they were up by 38.3 percent in the fourth quarter. Translated into dollars, the growth was still pretty strong, showing ...
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Broadening scope for smart climbing portal
Ilooove.it, which has become one of the most popular online portals for active climbers, is preparing to raise funds as it continues to expand its reach and studies the launch of a similar concept for other outdoor sports categories, such as mountain bikers and skiers.Ilooove.it was established just two years ...
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Eoca pledges to six conservation projects
European Outdoor Conservation Association (Eoca) has announced the six projects that will receive a total of nearly €180,000, following a vote that was held this spring to select projects. During March, the association held its annual spring public vote, open to both its members and thousands of outdoor enthusiasts. In ...
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The organic cotton market rebounds
After three consecutive years of decline, the production of organic cotton grew by 10 percent from 2012/13 to 2013/14, according to the Organic Cotton Market Report, the annual study compiled by Textile Exchange. The latest report was released on June 3.The turnaround could be attributed to increased market demand and ...
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The industry responds to the Nepal earthquakes
Many sports and outdoor companies have committed donations to the relief efforts organized by several organizations for the survivors of the devastating earthquake that struck Nepal on Apr. 25, causing more than 8,000 deaths and depriving the remaining population of houses, food and water. Some isolated villages were particularly affected. ...
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Vaude resumes production after a fire
Vaude is rapidly recovering from a fire that broke out at its headquarters in the German town of Tettnang during the night of April 27, causing damages evaluated at a total of between €500,000 and €1 million, which will be covered by insurance. The fire was caused by lightning that ...
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Vaude a “leader” in labor standards
Vaude announces that it has reached “leader” status as a member of the Fair Wear Foundation (FWF), reaching a score of 83 percent in its 2014 Brand Performance Check. The German company says it is carrying out 96 percent of its production in facilities that have been monitored in accordance ...
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Soaring European sales for Columbia
Columbia Sportswear's sales soared by 22 percent to $47.8 million in Europe, the Middle East and Africa (EMEA) for the first quarter of this year, marking a return to expansion in this regional market. It contributed to an ample increase in sales and record income for the entire group, as ...
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TNF and Timberland become less seasonal
Sales of VF Corp.'s outdoor and action sports division, with brands ranging from The North Face to Timberland and Vans, among others, advanced in the first quarter by 2 percent to $1.6 billion, which amounted to a rise of 10 percent in constant currencies.Quarterly sales for The North Face increased ...
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Gabel takes the helm at Merrell
Wolverine Worldwide announced last week that Gene McCarthy, who has been president of the Merrell brand since August 2013, has left the company. His functions are being taken over by Jim Gabel, president of the company's Performance Group, which also includes Chaco and Saucony.Gabel came to Wolverine about a year ...
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The strong dollar affects Wolverine’s results
Wolverine Worldwide enjoyed a 50 percent increase in sales to foreign distributors in the last two years, and the company continues to see international expansion as being critical to the future growth of its brands, now numbering 15 following the termination of its footwear licensing contract with Patagonia.In the first ...
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Black Diamond improves on all fronts
The Black Diamond Inc. group's sales inflated by 13 percent to $50.3 million in the first quarter of 2015, and they were up by 18 percent in local currencies. In dollars, revenues increased by 22 percent in the U.S. to $20.9 million, and by 8 percent in the rest of ...
