Latest News & Analysis – Page 258
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Fenix Outdoor grows by 9% in quarter
While its sales in Sweden declined slightly, the Fenix Outdoor Group lifted its overall turnover by 9 percent in the first quarter of this year to 439.3 million Swedish kronor (€51.1m-$66.4m). It also raised its profit for the period sharply, as it continued to expand in eastern European countries and ...
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Brown Shoe sells Avia and Nevados
Brown Shoe Company had bought these two brands and two others, And 1 and Ryka, through the acquisition of American Sports Goods for $145 million in February 2011. Eight months later, it sold And 1, a brand of basketball products, for $55 million. This time it is selling Avia, a ...
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The Ispo Academy travels around the world
Mark Held, secretary general of the European Outdoor Group, and Hans Overduin, former buying director of the Dutch Bever Zwerfsport chain of outdoor shops, made well-remarked speeches at the Ispo Academy in Barcelona, a conference organized by Messe München in the Spanish city last month.Held addressed the problem of excessive ...
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Timberland outlines its CSR performance
Timberland has released data on its corporate social responsibility (CSR) performance in 2012, showcasing the company's ongoing commitment to sustainability through a wide range of actions. According to the report, 39 percent of the materials used in Timberland apparel in 2012 were derived from recycled, organic or renewable sources, up ...
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Patagonia looks to promote sustainability in other sectors
Yvon Chouinard, founder and major owner of Patagonia, has announced the establishment a new holding company to invest in companies in five critical areas – clothing, food, water, energy and waste – in ways that will share the same ethical approach to the environment and the same mission statement as ...
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EOCA announces winning projects to receive funding
The public online voting organized by the European Outdoor Conservation Association's (EOCA) for the environmental projects that will receive its funding this year has come to an end, with 57,000 people casting their votes. In total, three projects have been chosen from those presented by various companies in three categories: alpine ...
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Jack Wolfskin makes new commitments to sustainability
As part of plans to remove harmful substances from its production processes, Jack Wolfskin has published a detailed roadmap for the complete phase-out of perfluorinated and polyfluorinated compounds (PFCs) in its supply chain by 2020. It is committing itself to full transparency with regard to the chemicals used by its ...
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The EOG widens its market research program
The European Outdoor Group is expanding its annual market research program, collecting data about a much wider range of sub-categories than before and involving a large number of brands, including retailers that sell outdoor products under their own private labels. In the absence of any standard classification of the various ...
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Transa grows by 16.9%
In 2012, Transa Backpacking, Switzerland's leading specialty outdoor chain, managed to boost its total sales by 16.9 percent to 41.8 million Swiss francs (€33.5m-$43.1m) after VAT compared with the previous year. The increase was partly due to the opening last September of the retailer's new flagship store close to Zurich's ...
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Sales up and margins down at JD Sports Fashion
JD Sports Fashion, the British sports and fashion retailer that took over the bankrupt Blacks Leisure Group at the beginning of last year, gave some indications of its performance in the financial year ended last Feb. 2. According to preliminary figures, the total revenues of the U.K.-based fashion and sports ...
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Lafuma Group suffers a significant sales decline
In the first half of its financial year to March 31, the Lafuma Group's turnover fell to €102.7 million from €132.3 million in the previous year's period, a decline of 15.4 percent. The sales figure still includes €11.7 million generated by operations that were halted or are planned to be divested. Last ...
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Big jump in in Columbia's earnings
In its first quarter of 2013, Columbia Sportswear managed to increase its total sales by 5 percent compared with the same period of last year, reaching $348.3 million. The impact of foreign currency changes was lower than 1 percent. Net income jumped by 159 percent to $10.1 million, including restructuring ...
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Margins improve strongly at VFC
As predicted in February, VF Corporation's revenues went up by only 2 percent in the first quarter ended March 31, hitting $2,582 million, due to delayed shipments of spring/summer merchandise and to a tough comparison with the strong first quarter of 2002. Sales growth would have been one percentage point ...
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Wolverine’s sales double
Wolverine Worldwide reported today a doubling in its quarterly revenues to $645.9 million for the period ended on March 31 thanks to its acquisition last October of Sperry Top-Sider, Saucony, Stride Rite and Keds. On a pro forma basis, assuming that it owned them already at the beginning of 2012, ...
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Amer on a good track
Supported by soaring demand in emerging markets, the Amer Sports group's sales inched up by 1 percent to €493 million for the first three months of this year, amid cautious buying in Europe and destocking of team sports products in the North American market. The Finnish group's quarterly sales were up ...
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Deckers’ income drops but results exceed expectations
Deckers Outdoor Corporation reported a drop in net income to $1.0 million in the first quarter of this year from $7.9 million in the first quarter a year ago due to higher operating costs, but the gross margin was 46.8 percent, up from 46.0 percent a year ago. Both sales ...
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New president for LaCrosse
Robert Sasaki, a former finance director of Nike dealing with its business in Asia, has been appointed as the new president of LaCrosse Footwear, with responsibility for its Danner and LaCrosse brands. Sasaki, who has more than 15 years of experience in finance and apparel, had joined the company last ...
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Lower sales and profits for Peak Performance
Peak Performance, which went through wide-ranging management changes last year, saw its sales drop by 6 percent to 267.5 million Danish kroner (€35.9m-$46.4m) for the three months until the end of March. This is the third quarter in the fiscal year of IC Companys, the Danish company that owns the ...
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Bask overcomes split to expand again
After three tough years, the Bogdanov brothers have managed to build up their new version of the Bask brand, after their former Bask company was taken over by former investment partners in 2009. The new Bask has decided to focus on the wholesale part of the Russian outdoor market, where ...
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Black Diamond posts 10% sales rise, despite colder late winter
Black Diamond Inc. reported total sales of $51.0 million for the first quarter ended March 31, representing a 10 percent increase on the first quarter of 2012. Sales went up by 6.9 percent to $20.1 million in the U.S. and by 11.9 percent to $30.9 million in other parts of ...
