Latest News & Analysis – Page 262
-
Article
New management at Hi-Tec USA
The U.S. subsidiary of Hi-Tec Sports has some new executives, including a new chief executive. Simon Bonham steps in as the new head of Hi-Tec USA, replacing Brad Gebhard, who has left the company. He's leading U.S. operations for the two brands of the Dutch company, Hi-Tec and Magnum, from the ...
-
Article
Wolverine works with fewer business units
Wolverine Worldwide has decided to reduce the number of operating groups from four to three, following its acquisition last October of the Performance & Lifestyle Group (PLG) of Collective Brands, which brought the Saucony, Keds, Sperry Top-Sider and Stride Rite brands into its portfolio. These four brands have been redistributed ...
-
Article
Anta moves into the outdoor sector
One of China's leading sports brands, Anta Sports Products, has just launched its first line of outdoor items. They will be sold starting with the 2013 summer season. Much like other domestic sports brands, Anta has been facing big problems recently with excess inventories and hefty discounts. The brand shut down 110 shops throughout 2012.Since the outdoor ...
-
Article
OR will stay in Salt Lake City through 2016
With unanimous support by the board of directors of the Outdoor Industry Association (OIA), Nielsen Expo has decided that the winter and summer sessions of its Outdoor Retailer trade show will continue to be held at the Salt Palace Convention Center in Salt Lake City, Utah, through the end of ...
-
Article
Lafuma’s big losses hide some nuggets
The Lafuma Group reported last week a net loss of €15.2 million for the financial year ended last Sept. 30, compared with a net profit of €3.9 million in the prior year, but blamed the poor results mainly on non-cash charges of about €15 million and on the poor performance ...
-
Article
Black Diamond fills new positions in Europe and the U.S.
Black Diamond's Swiss-based European subsidiary is creating three new positions to strengthen its sales and product team as well as its back office. New positions have also been announced in the U.S., particularly in connection with the brand's launch of its first apparel line.Olav Nietzer joins Black Diamond as European sales manager. ...
-
Article
After the big party Mammut moves into new markets
After celebrating its 150th anniversary with an unprecedented mountaineering and marketing campaign over more than year, Mammut Sports Group is back into strategies for future development and entering new markets. The company's new partner in the Czech Republic is Hudy Sports, a local distributor and retailer that operates 34 own ...
-
Article
Tenson hits its stride with Dutch owners
Tenson has found fresh impetus under the ownership of Unlimited Sports Group (USG) in the Netherlands, which acquired the Swedish sports brand nearly three years ago. Since then, Tenson has been fully integrated into USG, and this has enabled it to improve its pricing and its distribution.This was validated by ...
-
Article
Johnson reveals details on Jetboil deal, struggles with flat market
Johnson Outdoors has informed the public in a filing with U.S. Securities and Exchange Commission that it has paid $16 million for the acquisition for Jetboil, the brand of stoves and cooking equipment for outdoor activities. That corresponds to eleven times the operating profit of $1.5 million projected for Jetboil in ...
-
Article
Korean equipment maker on the rise
The rise of camping in South Korea is supporting the expansion of Kolping, one of the few Korean outdoor brands focused on this category. The brand's sales surged by about 30 percent so far this year, encouraging it to ramp up investments in production.The Kolping range comprises camping equipment from ...
-
Article
Treksta increases Korean production
Treksta, the leading South Korean outdoor footwear brand, has started repatriating some of its production to its own country due to rising costs in China, and the shift should continue in the coming years on the back of free trade agreements (FTAs) recently signed between Korea and the U.S. and ...
-
Article
Greenpeace report targets PFCs in outdoor apparel
Greenpeace has provoked mixed reactions among European outdoor companies by releasing a report that found residues of harmful substances in outdoor garments and urging the industry to clear its supply chain of all perfluorinated and polyfluorinated compounds (PFCs).Most outdoor companies are well aware of the fact that the production of ...
-
Article
Tensions in Korean outdoor market
The South Korean outdoor market continued to expand rapidly so far this year, firming up its astonishing position as the second-largest outdoor market in the world. However, several market players predict that the growth will subside in the next two years, as the market is becoming saturated and some of ...
-
Article
A leading Korean brand, Black Yak, eyes Europe – and the world
Black Yak, one of the leading outdoor brands of South Korea, has unveiled ambitious plans for a major rollout around the globe. So far, this brand of apparel, footwear and equipment has only been operating in its domestic market, China and Nepal, where it opened its first store in the ...
-
Article
Korea’s multi-brand retail tries to catch up with single-brand
While the habit of outdoor consumers to shop at mono-brand stores remains deeply ingrained in South Korea, the last two years have seen a growing number of investments to try to establish multi-brand sports and outdoor stores in the country – with mixed results so far.Multi-brand outdoor retailers did exist ...
-
Article
One Way Sport looks for new owners
Andreas Bennert and Lasse Korpi, owners of One Way Sport, have started negotiations on a new ownership structure to obtain synergies in production, distribution and strategic processes, to secure the Finnish company's position as a leader in Nordic sports, and to improve the overall organization. Discussions with two interested ...
-
Article
New Eurochief for Wolverine
Daniel Le Vesconte will be the new managing director of Wolverine Worldwide for Europe, the Middle East and Africa (EMEA). Reporting to Bill Brown, president of Wolverine's International Group, he will be based at the group's European office in the U.K. He will have responsibility for the development and ...
-
Article
Growing Black Diamond opens a new ski factory in China
A few days after Jarden Corporation, parent company of K2 and Völkl, announced a new $40 million investment in ski manufacturing (we understand that the investment will be made in China, but we could not find out more about it at this stage), Black Diamond reported that it has ...
-
Article
Garmin grows in outdoor, fitness falters
Garmin's revenues rose by 11 percent in its outdoor segment to $105 million during the third quarter ended Sept. 29, driven by its golf lineup, dog tracking and training, and a recently introduced watch. During the quarter, the company also introduced the Alpha GPS Track and Train System, described ...
-
Article
Lower military sales affect Camelbak’s results
Camelbak had lower sales and profits in the third quarter ended Sept. 30, primarily due to a significant drop in sales of gloves for the U.S. military sales, which was not offset by a rise in its sales of bottles. The results of this major supplier of personal hydration ...
