Latest News & Analysis – Page 240
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Deuter and Ortovox keep their double-digit pace
Schwan-Stabilo Outdoor (SSO), the division of the Schwan-Stabilo group that contains the Deuter and Ortovox brands, managed to lift its sales by 13.5 percent to €97.4 million in its 2013-14 financial year, ended June 30, compared with the previous year. The company did not disclose the split between the backpack ...
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Black Diamond posts 24% sales growth
Black Diamond Equipment reported a 24 percent increase in sales to $54.9 million for the third quarter ended Sept. 30, driven by its Poc and Black Diamond brands as well as an increased fulfillment of pre-season autumn bookings. The increase was attributed in particular to Poc's new road cycling ...
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Columbia rises by 14% organically
Columbia Sportswear's sales were flat on a constant-currency basis in Europe, the Middle East and Africa (EMEA) during the third quarter ended Sept. 30. In terms of dollars, EMEA sales increased by 1 percent to $78.8 million.The group's revenues were up in dollars by 26 percent in the U.S. and ...
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Timberland performs better than TNF or Vans
Timberland was the star performer at VF Corporation in the third quarter ended Sept. 30, while The North Face and Vans did not do as well as expected. Globally, Timberland's sales increased by 15 percent during the quarter, in contrast with increases of 9 percent at TNF and 12 percent ...
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Amer improves, generally
The sales and profit picture was mixed at Amer Sports across the brands and the regions in the third quarter ended on Sept. 30. Overall, the group booked a 6.1 percent sales increase to €645.8 million for the period, or by 6.0 percent in local currencies, but net earnings slid ...
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Slow sports growth at Jarden
For the three months ended Sept. 30, Jarden Corp.'s Outdoor Solutions business posted sales of $679.1 million, up by just 1.2 percent from the third quarter of 2013, and the operating profit of the segment fell by 1 percent to $66.4 million. Among the drivers for the continued sales growth ...
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Lafuma declines by 12.4%
Sales were off by 18.7 percent to €132.2 million for the Lafuma Group in the first nine months of this year, with a 12.4 percent decline in local currencies. Its new shareholders indicate that the drop was in line with its strategic plan, which gives priority to its profitability. No ...
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Foreign momentum helps Wolverine to keep growing
Without changing its profit target for this year or the five-year forecast that it had outlined a year ago, the management of Wolverine Worldwide reduced its guidance for the group's turnover in 2014. Instead of growing by around 3 percent as previously forecast, it will more likely increase by only ...
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Implus has acquired Trigger Point Performance
Implus has announced the acquisition of Trigger Point Performance. The price of the transaction was not disclosed. Trigger Point makes self-care products for athletes, including Grid foam rollers. Trigger Point Performance was founded in 2002 by Cassidy Phillips, a sport enthusiast and accomplished triathlete.Implus said the addition of the Trigger ...
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Timbuk2 reshuffles European distribution
Timbuk2, the American brand of urban, cycling and outdoor bags, recently appointed Renato Braaf and Dominic Leijten to sell the brand in the Benelux countries through an entity called Timbuk2 Benelux. Braaf and Leijten have worked for many years on distribution and retailing for brands such as Timberland and Eastpak. ...
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Management changes at OR and OIA
A little over a month after the resignation of Frank Hugelmeyer as president and chief executive of the Outdoor Industry Association of the U.S., Emerald Expositions announced earlier this month the departure of Kenji Haroutunian as show director of Outdoor Retailer. In an e-mail from the World Parks Congress in ...
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Big brands commit to Nanjing show
Messe Friedrichshafen, the organizer of the European OutDoor show and the driving force behind Asia Outdoor, the annual Chinese outdoor fair held in Nanjing, has put out a press release confirming that some big players in the Chinese outdoor market will show exclusively at the Nanjing show in the summer. ...
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The next EOS will be in England
Initiated by the European Outdoor Group (EOG), the European Outdoor Summit takes place in a different country every year. It was hosted by the Scandinavian Outdoor Group in Stockholm last year. It was hosted by the German sporting goods industry association (BSI) on Lake Tegernsee on Oct. 15-16, and it ...
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OSV makes progress in education
Outdoor Sports Valley (OSV), the highly dynamic association of winter sports and outdoor companies based in the French alpine city of Annecy, has signed an agreement in principle with an unnamed American university for an exchange of students and know-how.OSV is running three education programs in Annecy, conducted in English by ...
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Moncler sues an Italian TV program over unethical goose farming
Moncler lost around €140 million in market capitalization on Nov. 3 as its shares plunged by almost 5 percent following the broadcast of an investigative report by an Italian TV program a day earlier. The journalists of the “Report” program on Rai 3, one of the country's state broadcaster's channels, ...
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Sports brands back sustainable down supply chain
Textile Exchange has announced that a number of international outdoor and fashion brands and retailers including Eddie Bauer, Marmot, Mammut, Helly Hansen, H&M and others have adopted its Responsible Down Standard (RDS). Textile Exchange is a U.S.-based non-profit organization operating internationally for sustainability in the apparel and textile industry. The ...
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VF Corp. releases first sustainability report and introduces CHEM-IQ
VF Corp. released its first comprehensive Sustainability and Responsibility Report at the end of October, highlighting the achievements of VF and its brands for the three sustainability pillars – planet, products and people. The report also marked the public debut of CHEM-IQ, VF's innovative chemical management program. CHEM-IQ is said ...
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Timberland partners with Singapore-based tire maker
Timberland has announced a collaboration with Omni United to create a co-branded line of tires under the Timberland and Radar Tires brands. As part of the collaboration, the rubber tires will be recycled at the end of their lifecycle to make the outsoles of Timberland shoes. The announcement was made ...
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Hi-Tec launches documentary series
Hi-Tec is launching “The Walkumentary Series,” an online documentary project conceived and produced by This that + the other, an Amsterdam-based advertising agency. The films focus on how walking can lead to extraordinary things and the importance of taking time away from everyday life. Each film views walking from a different ...
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New data and new campaign by Gore-Tex
About 25 million pairs of footwear were sold in 2013 with Gore-Tex membranes for consumer-oriented applications in more than 50 countries around the world, along with an estimated nine million pieces of garments, pairs of gloves and other accessories.The global footwear volume has been rising at an average compound annual ...
