Latest News & Analysis – Page 259
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Johnson Outdoors posts double-digit profit growth
Johnson Outdoors reported a 23 percent increase in net income to $8.9 million for its second fiscal quarter ended March 29. Sales increased by 3 percent to $132.1 million as higher sales in Marine Electronics and Outdoor Gear more than offset revenue declines in other business units.The Outdoor Gear segment ...
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Lower margins and higher sales for Jarden’s Outdoor Solutions
The Outdoor Solutions segment of Jarden Corporation, which includes brands such as Coleman, K2, Marmot and Rawlings, posted a 3.7 percent sales increase to $695 million for the first quarter of this year. On an organic basis, excluding the impact of foreign exchange fluctuations, acquisitions and divestitures, sales went up ...
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Higher sales and profits for Camelbak
Camelbak raised its sales by 6.4 percent to $42.8 million in the first quarter of 2013, and its operating earnings jumped by 25.1 percent to $8.9 million, as its gross margin improved by 0.7 percentage points to 45.9 percent.Hydration systems and bottles represented about 88 percent of Camelbak's sales, up ...
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Crocs posts double-digit sales growth
Crocs reported first-quarter revenues of $311.7 million, up 14.7 percent on the first quarter of 2012, or 16.6 percent higher on a constant-currency basis. The record performance was attributed by the company to innovative products, the success of the company's multi-channel strategy and the global reach of its business. The ...
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OutDoor looks forward and backwards
The OutDoor Industry Awards will be presented for the eighth time at a ceremony on the first day of the OutDoor show in Friedrichshafen, scheduled for July 11-14. Registrations for the award will be accepted until June 6 in the following categories: apparel, helmets, shoes, backpacks, travel luggage, mountain-climbing equipment, ...
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OR becomes more international, with some hitches
Outdoor Retailer has started accepting online registrations for its Summer Market, which will run this year from Wednesday, July 31 through Saturday, Aug. 3, and for its Open Air Demo, taking place on the eve of the show on Tuesday. Discounted “early-bird” registration is being offered through July 8.Officials of ...
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Big investments weigh heavily on Globetrotter’s results
Globetrotter Ausrüstung, Germany's largest specialty retailer in the outdoor sector, reports stable retail sales of €250 million for its fiscal year 2012-13, ended Feb.28, much on the same level as in the previous year. After years of a ratio of 50:50 for brick-and-mortar retailing and mail order, the physical stores ...
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Jack Wolfskin reports flat sales after years of strong growth
For its 2012 financial year, Jack Wolfskin showed a small decline of about 1 percent in total consolidated sales to €351 million. This came after a big increase of 22.5 percent in the previous year. The decline was mainly due to weakened demand in the two most important markets for the ...
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Fenix felt strongly the impact of currency effects
Fenix Outdoor, the Swedish group behind the Fjällräven, Hanwag, Tierra, Primus and Brunton brands as well as retail operations in Sweden and Finland, increased its total sales from 1,553.8 million Swedish crowns in 2011 to SEK1,725,4 million (€206.6m-$270.4m) last year. In the same period, the company's operating profit declined slightly ...
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Mammut sees turnaround in Switzerland, significant growth elsewhere
The Mammut Sports Group raised its sales by 10.3 percent to 232.5 million Swiss francs (€191.1m-$248.7m) in 2012, with an increase of 8.4 percent in local currencies and excluding the effect of acquisitions, according to its parent company, Conzzeta Group. The highest growth rates were recorded in the Asian region ...
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Further upheavals in the Polish market
After the bankruptcy of Euromark earlier this year, the Polish sports and outdoor market has been shaken by the demise of another specialist retailer, Delta Sport, which had up to ten stores and focused on sports equipment. Many Polish companies dealing with ski, bicycle and outdoor brands have been affected ...
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Deckers gets full ownership of Hoka One One
Deckers Outdoor Corporation, which owns a wide range of footwear brands including Teva, Sanuk and Ugg, reports that it has taken over the Hoka One One brand completely. As reported in the Compass last August, it had first acquired a stake of 25 percent in this special French brand of ...
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Intersport Germany in line to acquire Intersport Austria
Intersport Germany, the largest single cooperative of sporting goods retailers licensed by Intersport International Corp. (IIC), has signed a letter of intent for the acquisition of a majority stake in Intersport Austria, forming an even stronger supra-national nucleus within the organization.Together, Intersport Germany and Intersport Austria represent the interests ...
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KTC pushes quality approach to ensure profitability and fair working conditions
KTC Limited, a Hong Kong-based original equipment manufacturer (OEM) of apparel for high- end brands such as Mammut, Arc'teryx, Gore Bike & Running, the skiwear of Mountain Force, Rapha bikewear and an important European workwear brand, is about to post preliminary figures showing the equivalent of $97 million in sales ...
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European Outdoor Summit to map out the industry’s future
A study by Kairos Future about the shape of the outdoor industry in 2020 will be one of the meatiest items on the agenda of the first European Outdoor Summit (EOS), scheduled to take place in Stockholm on Oct. 16-18. Organized by the Scandinavian Outdoor Group (SOG), this summit will be the ...
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Ispo Beijing: China’s mirror between unbroken optimism and cooling-down mood
While there are fears that the fast-growing Chinese outdoor market could face some of the same issues as the country's glutted sports market, the buzz at the ninth edition of Ispo Beijing remained strongly upbeat: The fair bustled with a growing number of visitors thronging increasingly slick and busy stands.The ...
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Acquisitons fuel Black Diamond’s sales
In line with the unaudited preliminary results put out last month, Black Diamond raised its total sales for the full 2012 financial year by 21 percent to $175.9 million, thanks in part to acquisitions. The adjusted gross margin grew from 38.7 percent to 39.5 percent, while net profit before non-cash items ...
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Major recall of climbing gear calls for new norms
After extensive tests in partnership with DAV, the German alpine federation, several manufacturers and marketers of climbing products are recalling certain via ferrata sets with shock absorbers based on rope friction. Older, used items may not provide the necessary safety in case of a fall, when they could lead to severe ...
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Trezeta gets a sister, Kayland
MGM SpA, owner of Trezeta, has taken over Kayland, another Italian brand of outdoor shoes. Trezeta and Kayland complement each other because they are positioned differently: While Trezeta specializes in hiking boots and other low-mountain footwear, Kayland is a more technical high-mountain brand for trekking, backpacking and climbing. In contrast with Trezeta, it has a contract with Gore-Tex. ...
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Deckers’ earnings slide but sales are up
Deckers Outdoor Corporation saw its net earnings fall by 22.9 percent in the fourth quarter of 2012 to $98.1 million, from $127.2 million a year ago. Sales increased by 2.2 percent to $617.3 million compared with the same quarter last year. The company registered double-digit growth in the quarter for ...
