Latest News & Analysis – Page 252
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New plans for Fesi
The Federation of the European Sporting Goods Industry (Fesi) is moving into a higher gear following the unanimous election of Bruno Alves as president by a newly elected 15-member board of directors during the annual general assembly of the organization in Prague last month.The fact that he was unanimously elected ...
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Cocona launches a new brand name
Cocona Natural Technologies, the American materials technology company, has decided to put a new brand name – 37.5 – on its patented compounds, highlighting the fact that they help to maintain body temperature and body humidity during sports activities. Based on coconut husk and other natural microporous materials, they improve ...
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Globetrotter opens its own lodge
Globetrotter Ausrüstung, the Hamburg-based retailer, has opened a Globetrotter Lodge in Hüttener Berge, a nature park in the north of Germany. The hotel has conference and training facilities attached and offers outdoor programs, training courses and workshops along with accommodation. Also, the lodge offers organized tours in the surrounding area and ...
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McTrek projects solid growth, opens its largest store
McTrek, the price-oriented specialty chain, has opened its largest store so far in Cologne. The net selling surface is 800 square meters, added to which are some 600 square meters as an exhibition space for tents and camping gear. The 28th store is located in the former shop of Blackfoot, ...
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Essilor acquires Costa
Based in France, Essilor International is the world's largest manufacturer of ophthalmic lenses, and it has been investing strongly in sun lenses lately, as reported in one of our sister publications, Eyewear Intelligence. Based in Lincoln, Rhode Island, Costa Inc. is the marketer of Costa and Native sunglasses, which are ...
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Strong growth for Costa
Sales grew by 26.3 percent to $24.6 million in the third quarter ended Sept. 28 at Costa Inc., the company that owns the Costa and Native brands of sunglasses and that is being taken over by Essilor International (see the previous article in this issue). They rose by 24.1 percent ...
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Major management changes at Amer and Arc’teryx
Credited for delivering strong business results and for leading the strategic business transformation of Amer Sports' Europe, Middle East and Africa region, Michael White, who has been the general manager of Amer Sports EMEA since 2010, has been promoted to the position of chief sales officer and general manager for ...
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New MD for Trekmates under new ownership
Mark Billing has been appointed as the new managing director of Trekmates, the British brand of outdoor and adventure travel accessories and clothing that fell under the control of Bollin Group last July. He previously ran True Brands Ltd., which markets True Utility branded pocket tools, and he has a ...
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Jack Wolfskin expands in Eastern Europe
Jack Wolfskin is continuing to explore partnerships in Eastern Europe, teaming up with three retailers who will open Jack Wolfskin shop-in-shops in their stores: Mountex in Hungary, Sport Depot in Bulgaria and Sport Virus in Romania.Separately, a Jack Wolfskin franchised store was opened in August in Kiev, the capital of ...
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Lafuma continues its downward movement
As anticipated, the Lafuma Group ended its financial year on Sept. 30 with a major sales decline, although the 15.9 percent drop reported for the first six months of the year was followed by a slightly smaller drop of 11.1 percent in the second half. For the full year, the ...
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Black Diamond takes action to diversify
Black Diamond Inc. has hired a leading consulting firm to conduct a global profitability study across all its product categories and geographies in order to refine its future development strategies. It has also mandated an executive search firm to look for a senior executive with experience in the management of ...
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Good growth for Amer
The parent company of Salomon, Atomic, Arc'teryx, Wilson, Precor, Suunto and other sports brands managed to raise its total revenues by 7 percent in local currencies during the third quarter ended Sept. 30, driven by increases of 19 percent in apparel, 15 percent in sports instruments, 11 percent for footwear, ...
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VF reinvests extra profits in marketing
The American conglomerate has done it before. While reporting better-than-expected results for the third quarter, VF Corp. announced that it had decided to reinvest a further $40 million in marketing during the second half of this year. It has already allocated $10 million to the third quarter. The balance will ...
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Columbia is optimistic
Announcing a 14 percent increase in its quarterly dividends, Columbia Sportswear's board of directors was said to be confident in better results going forward. In fact, while they were still largely negative, the results released for the third quarter ended on Sept. 30 were better than forecast, due especially to ...
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Jarden buys another fishing brand
Jarden Corporation has reported a 2.0 percent decline to $670.6 million for its sales in the Outdoor Solutions segment during the third quarter ended Sept. 30, but on organic basis they grew by 4.1 percent. Coleman had good results, thanks in particular to new products in the cooler category and ...
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Deckers expands Teva’s lifestyle range
Jeff Bua, the new president of Teva, is repositioning this brand of sports sandals in the Originals category to capitalize on its heritage and better penetrate the casual footwear segment all year ‘round. It plans to introduce a new line of Teva canvas shoes next year that will stay warm ...
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Deuter and Ortovox post another successful year
Deuter and Ortovox, the specialty brands of snow sports and mountaineering gear, which are bundled in the outdoor division of Schwan-Stabilo, managed to increase their sales significantly in the last financial year ended June 30. The outdoor division as a whole increased its turnover by 8.9 percent to €86 million. ...
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Rocky Brands acquires Creative Recreation, while profits fall
Rocky Brands has signed a definitive purchase agreement with Kommonwealth to acquire certain assets including the Creative Recreation trademark, a footwear brand based in California, best known for its popular crossover between athletic sneakers and dress shoes. The acquisition, for a total purchase price of around $11 million, will be ...
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Crocs improves in Europe
In the third quarter ended Sept. 30, Crocs registered revenues of $288.5 million, down slightly from revenues of $295.6 million in the third quarter of 2012. On a constant-currency basis, revenues increased by 0.9 percent for the quarter. The Colorado-based footwear company saw strong performance in the Asia-Pacific region and ...
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Garmin and TomTom look beyond PND
The personal navigation device (PND) market fell by 15 percent to 2.3 million units in Europe and 28 percent to 1.1 million units in North America during the third quarter, according to information supplied by TomTom. The Dutch company said that this led to steep discounting of GPS-enabled devices for ...
