Latest News & Analysis – Page 235
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Outdoor grows again at Johnson Outdoors
Outdoor equipment – the Jetboil, Silva and Eureka! brands of hiking and camping products - was the only segment of Johnson Outdoors that reported increased profits in the second quarter ended April 3. Its operating earnings jumped by 87 percent to $1,070,000 as compared to the same period a year ...
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Sales drop at Camelbak
Sales were off by 4.8 percent to about $36.9 million for Camelbak Products in the first quarter of this year. Adding that it was pursuing “add-on acquisitions,” Compass Diversified Holdings (CODI), parent company of the brand, said the drop was exclusively due to a decline of $2.6 million in sales ...
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Strong growth for Thule
Thule Group reported vastly improved results for the first quarter of 2015. Sales increased by 27.1 percent to 1.37 billion Swedish kronor (€145.6m-$163.1m). They went at a lower rate of 11.5 percent in local currencies, with lower growth in North America than in Europe and the rest of the world.Sales ...
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Rebound in retail sales for Peak Performance
Robust retail sales enabled Peak Performance to deliver a sales increase of 2.5 percent to 284.6 million Danish kroner (€38.1m-$43.2m) in the quarter until the end of March, amounting to an increase of 3.6 percent in constant currencies.The Swedish ski, outdoor, golf and fashion brand's retail sales soared by nearly ...
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Jarden reports lower outdoor sales
Sales declined by 8.7 percent to $624.9 million in the Outdoor Solutions segment of Jarden Corp., due for the most part to a drop of nearly 8 percent in the value of the euro and other major currencies against the dollar. Another reason was a delay in shipments of fishing ...
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Broad-based quarterly growth at Amer Sports
The year got off to a strong start for Amer Sports, which lifted its turnover by 5 percent in constant currencies for the first quarter. The rise was driven by increased apparel and footwear sales as well as winter sports equipment and sports instruments, while restructuring measures in ball sports ...
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Amer strengthens digital connectivity
Amer Sports has acquired full ownership of Sports Tracker Technologies, including its Sports Tracker application, at undisclosed conditions, moving quickly to complete the transaction with the finnish firm. Sports Tracking Technology is a company spun off from Nokia in 2009. It is run by former officials of the Finnish telecommunication ...
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Amer sells Bonfire and Nikita
As expected, Amer Sports has sold off its two brands of board sports clothing. The new owner is Pretty Great, a subsidiary of a Singapore-based company, CNR Pte. Amer had inherited the American Bonfire brand as part of its acquisition of Salomon in 2005. It bought Nikita, a women-specific brand ...
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A tough quarter for Garmin
Garmin is delivering improved versions of its Virb action camera in the second quarter, with enhanced mobile applications, to help counter the competition from GoPro. Introduced last year, Garmin's Virb has failed to make a significant dent in the market until now, helping to depress its sales in the outdoor ...
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Lowa hires an Asia specialist
Lowa is reinforcing its investments in Asia with the appointment of Matthias Preussel in the new position of sales director for Asia-Pacific. Preussel previously worked as head of sales at Mammut, helping to set up a Chinese subsidiary for the Swiss outdoor brand, supervising its operations in South Korea and ...
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New solutions for outdoor products at Techtextil
Outlast presented the second generation of its PCM acrylic fiber at the Techtextil trade show in Frankfurt, on May 4-7. Using a new production process, the company said it gets the Outlast acrylic fiber to perform four times better than the existing version. In particular, the spinning and dyeing properties ...
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JD sees no profits from outdoor until 2016/17
The management of JD Sports Fashion is cautiously predicting that its growing outdoor retail segment may not achieve profitability until the 2016/17 financial year. The U.K.-based group, which is performing much better in the generalist sporting goods sector, is still in the process of rationalizing the business, improving the operation ...
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Double-digit growth for Decathlon, driven by the BRICs
The world's largest integrated sporting goods retailer accelerated its growth in 2014, posting a sales increase of 10.6 percent to €8.2 billion. Much of the growth was generated by the opening of a record number of stores, especially in emerging markets, and the development of e-commerce. Decathlon was also able ...
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New top executives for Patagonia Europe
Patagonia has strengthened its European team, hiring new top-level managers for its new European office in Amsterdam and in key markets. These and other investments in marketing and sustainability are meant to make the Patagonia brand “more relevant” in a region that still represents only about 10 percent of its ...
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The Vaude group expands further in clothing
Edelrid, the climbing equipment brand bought by Vaude in 2006, has acquired the assets and the brand name of Monkee, a small seven-year-old German brand of technical climbing apparel that uses sustainable materials. It will only rehire one or two of Monkee's employees. The company's office in Nuremberg will be ...
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Shoes and clothing pull Mammut
The brand chart that we have just published for the global sports equipment in SGI Europe, our sister publication for the broader sporting goods market, shows that this segment grew by only 2.5 percent in the past year. Led by Shimano, Jarden, the Adidas Group and Amer Sports, it to ...
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Two multi-brand companies get together in the U.S.
Exxel Outdoors, a company based in Boulder, Colorado, has taken over American Recreation, the multi-brand company that owns the Kelly, Sierra Designs, Slumberjack and Wezel brands of outdoor products, among others. Exxel, which is known for its U.S.-made sleeping bags, Colorado, is said to be considering manufacturing some of American ...
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Sympatex is a partner of the current Everest4K expedition
Sympatex Technologies is supporting Everest4K, the expedition on Mount Everest that began on April 6, during which Hannes Künkel and Nils Peuse, directors of Göttingen-based creative agency Third Pole and Himalayan experts, will produce a multimedia film and photo production with 4K images in ultra-high resolution. Sympatex had previously been ...
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Management changes, new campaign at Polartec
Eric Yung, who has been with Polartec for eight years, acting most recently as European sales director, will add responsibility for customer service following the departure of Juan Carlos Gonzalez, the former director of international sales, at the beginning of April. Yung will continue to work out of Polartec Europe's ...
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Textile Exchange has released an updated version of its Responsible Down Standard
Textile Exchange, a non-profit organization dedicated to the expansion of sustainability across the global textile value chain, has announced the release of the latest version of its Responsible Down Standard (RDS). Officially launched in January 2014, the RDS is a third-party certification animal welfare and traceability standard for down and ...
