Latest News & Analysis – Page 246
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Black Diamond grows by 7%
Black Diamond Inc. hopes to find a buyer for its subsidiary Gregory Mountain Products before the end of the second quarter. The proceeds would be reinvested in its three strategic priorities: the development of apparel, the expansion of Poc Sweden's product range and the development of direct-to-consumer sales, which would involve ...
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Fyfe becomes Icebreaker's CEO
Switching jobs with the company's founder, Rob Fyfe has been appointed chief executive of Icebreaker, the New Zealand brand that pioneered merino wool apparel 19 years ago, with effect on June 2. The founder, Jeremy Moon, is going to act as executive chairman and creative director of the company.For the ...
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Keen has a new president
Steve Meineke has agreed to act as president of Keen Footwear, starting on June 1. He comes from Accell Group, the big Dutch-based bicycle manufacturing group, where he led its North American subsidiary for the past two years. He previously acted as president of Raleigh America, now a property of ...
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Camelbak redeploys international operations
Camelbak International is closing down one of its European offices in Italy at the end of this week pending the transfer of some of its activities to another location in Europe. The move is related to a reorganization of the group's international operations that should involve a strengthening of resources ...
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More on Timberland in Europe
We have already reported about the 12 percent increase enjoyed by Timberland in the first quarter of this year as part of an article on VF Corporation's results for the period.As reported, sales went up by a high single digit in Europe for Timberland during the quarter. They continued to grow ...
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Peak Performance improves margins
IC Companys reports a 4 percent increase in the revenues of its Premium Outdoor segment, represented by Peak Performance, in the third quarter of its financial year, ended on March 31. The revenues grew at a wholesale level of 8.3 percent as compared to the corresponding period of 2013, largely ...
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Jarden performs differently in the U.S. and Europe
Sales declined by 1.6 percent to $684.1 million in the Outdoor Solutions division of Jarden Corp., which comprises some 20 different sports and outdoor brands including the likes of K2, Marker, Völkl and Marmot.Because of a very cold winter, U.S. retailers readily bought the remaining winter products in Jarden's inventories, ...
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The weather affects Johnson
Sales were off by 5.9 percent to $124.3 million for Johnson Outdoors in its second quarter, ended on March 28, as U.S. customers delayed purchases of fish finders, kayaks, diving computers, camping equipment and other outdoor products due to a long and cold winter season.Sales declined by 4.3 percent in ...
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Gore-Tex hikes with Surround into the outdoor
The European office of W.L. Gore & Associates in Germany presented its program for the application of its “Gore-Tex Surround” technology to outdoor footwear at a meeting with key retailers and the trade press earlier this month. The Surround concept is not completely new as it has already been in ...
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OutDry wins a round against Geox
Columbia Sportswear has reported that a court in Milan granted a preliminary injunction against Geox on April 29, authorizing the seizure of certain Amphibiox branded shoes in Italy because they are likely to have infringed a patent held by its OutDry Technologies subsidiary for waterproof and breathable footwear. Similar legal ...
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Asics launches a trail running event
On June 21, the longest day of the year, Asics will be hosting “Outrun the Sun,” a race for two teams of trail runners who will attempt to race against nature and outrun the sun, as the name suggests. The athletes will have 15 hours, 41 minutes and 35 seconds ...
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SDI gains full control over Eybl
Sports Direct International (SDI), the big U.K.-based sporting goods retailer and wholesaler, now owns 100 percent of the shares of Sport Eybl & Sports Experts, the troubled Austrian sporting goods retailing group. It acquired a majority stake of 51 percent last summer, while the founding Eybl family retained the remaining ...
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Sports Direct improves results
In a preliminary report, Sports Direct International has announced that its sales went up by 10.3 percent in the nine weeks ended March 30, reaching £360 million (€438.85m-$610.70m), while the group's gross profit rose at a higher rate of 11.5 percent to £147.0 million (€179.19m-$249.37m), delivering a gross margin of ...
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Turkish outdoor brand gears up for international sales
Kutupayisi, a specialist outdoor retailer and distributor in Turkey, is preparing the launch of its own brand on the international market. Puhu, meaning “owl” in Turkish, is a brand of thermal sports underwear with about 50 retail customers in its own country.Puhu garments are made by an Istanbul factory that ...
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Over 53,000 votes for three EOCA projects
The European Outdoor Conservation Association (EOCA) has announced the three environmental projects in the nature, outdoor and alpine categories that have been selected for funding this year through a public vote ahead of the OutDoor show in Friedrichshafen. Each of them will benefit from a grant of up to €30,000 ...
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Spotlight on the Czech Republic
Messe Friedrichshafen, organizer of the OutDoor show, put the spotlight on the Czech Republic earlier this month by inviting a group of journalists to a tour of the country and meetings with key executives in the Czech outdoor sector. Contacts were made with Directalpine, Gumotex, Hiko, Hudy Sport, Singing Rock ...
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Outdoor is here to stay
At a press conference in Prague at the end of the Czech press tour organized by Messe Friedrichshafen, Rolf Schmid, president of the European Outdoor Group, confirmed his belief that outdoor will remain a megatrend in the longer term, considering the fact that the market grew in Europe by 4 ...
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Hi-Tec swings into the fifth decade
Hundreds of guests assembled at the party organized in Amsterdam a few weeks ago to mark the 40 years of Hi-Tec Sports – one of the few European sports footwear companies that managed to build up a brand with global reach while still under family control.Hi-Tec said it reached flat ...
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Vietnamese plants reopen after anti-Chinese protest
According to the latest reports from Vietnam, most of the the low-cost manufacturing operations that were shut down due to a wave of anti-China riots earlier this month have been reopened. Some will reportedly seek reimbursement from the Vietnamese government, with pressure from Taiwan, for damages suffered by their facilities.Almost ...
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Columbia buys prAna
While reporting stellar results for the first quarter (see the next article), Columbia Sportswear announced yesterday the takeover of Prana (the company spells its brand name as prAna), the American brand of lifestyle, yoga, rock-climbing and fitness clothing and accessories, for $190 million.Tim Boyle, president and chief executive of the ...
