Latest News & Analysis – Page 266
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Montura boosts management, moves into new premises
After growing rapidly in the last few years, Tasci, the company of Roberto Giordani that launched the Montura brand of clothing 12 years ago, creating a sensation with its very technical mountain climbing pants, has moved into a brand-new head office north of Vicenza and hired many new experienced managers. ...
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Ternua on international growth path
The Spanish outdoor brand Ternua has expanded internationally this year, especially to Eastern European markets. The company had a very successful first half of 2012, where many new contacts were made. At Ispo in January, Ternua established a first contact with Sportrysy, a retail chain and distributor based in Slovakia. ...
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Inov-8 gets backing from a private equity fund
This British brand of trail running shoes and other performance footwear signed a deal last May for an equity increase funded by a U.K. low-cap private equity company, Isis Equity Partners, to help support its strong growth at home and abroad, its expansion into new markets and further product development. ...
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Teva moves into light hiking
Teva launched a new patented technology at the OutDoor show in Friedrichshafen, called TevaSphere. Showing the results of laboratory tests at its booth, the brand claimed that the pod-arch system embedded in its new TevaSphere line of cross-training shoes helps improve stability, especially on rocky terrain, while its spherical heel ...
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The OutDoor show proves to be a solid rock in stormy times
To the surprise of many visitors who may have believed that this year's edition of the OutDoor show in Friedrichshafen suffered from weaker attendance, its organizers again presented a slight plus for the visitors who showed up at Lake Constance.According to the official figures provided by Messe Friedrichshafen, 21,730 visitors ...
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Helly Hansen is sold to a Canadian pension fund
Helly Hansen, the Norwegian sports and outdoor brand, has changed hands again. Altor Equity Partners, the Norwegian investment firm that took over Helly Hansen in 2006 from Investcorp, has sold a stake of 75 percent to the Ontario Teachers' Pension Plan Board (OTPP), while retaining the remainder of its shares. ...
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Gelert makes a fresh start with new backing
Gelert, the British outdoor and camping equipment company, is preparing to ramp up investments in marketing and distribution after it entirely reshaped its management in the last few months, with the firm support of its bankers. The moves come after a few tumultuous months, which altered Gelert's ownership, but reinforced ...
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Tecnica Group up by 3%
The Tecnica Group recorded a 3 percent increase in total sales to €394 million last year, generating a rather stable operating profit of around €35 million before amortization (Ebitda). Due to high amortization and financial charges, the group just about broke even for the year, but it did have positive ...
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Treksta enters the British market
Treksta, the leading South Korean brand of outdoor footwear, will be selling its product line in the U.K. from spring 2013 through a distribution partnership with Bridgedale, the big British producer of technical outdoor socks.The most important markets for Treksta in Europe are currently Scandinavia, Germany and Spain. Sporthaus Moxter, ...
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NPD’s consumer panel shows European outdoor market down by 1%
It will be interesting to check the estimates of the European Outdoor Group about the European outdoor market, which we are probably going to publish in the Compass during the OutDoor show in Friedrichshafen on Friday. While the EOG figures are largely based on data supplied by the outdoor brands, ...
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GfK and NPD set up retail panel to explore the outdoor market
The market researchers of GfK and NPD Group have joined forces to provide in-depth research results for the outdoor market. The first result is a report based on a retail panel in Germany, but the two firms are determined to add other European countries in the months and years to ...
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Europe drags down Wolverine’s sales growth
Reporting an increase of only 0.8 percent in its total sales to $312.7 million for the second quarter ended June 16, Wolverine Worldwide blamed especially the macroeconomic uncertainty in Europe. In Canada as well as in the Europe, Middle East and Africa region, the group's sales fell by a low-middle ...
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New head for Blacks
Ken Reeve, buying and merchandising director at Cotswold Outdoor, has been poached by JD Sports Fashion, the British sports retailer, to become managing director of Blacks Leisure Group, the failed outdoor retailer it acquired in January. Reeve will start in November, while JD said that all other Blacks managers would ...
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Berghaus and its parent company grow strongly
Berghaus' sales grew by a high single digit to the equivalent of more than $150 million last year, including licenses, according to officials of its parent company, Pentland Group. Most of the growth continued to take place outside the U.K., whose share of the global turnover has declined from 80 ...
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Schwan-Stabilo puts Deuter and Ortovox under one roof
Effective July 1, Schwanhäusser Industrie Holding, known for its writing materials of the Schwan-Stabilo brand, has created a new company in charge of its outdoor operations called Schwan-Stabilo Outdoor. The new firm acts as a holding company controlling two subsidiaries, as of now, Deuter and Ortovox. Managing directors are Bernd ...
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Vaude is getting tough on internet abuse
Vaude has successfully taken Schwarz E-Commerce, the internet subsidiary of Lidl, the German food chain, to court, complaining about unfair competition. The outdoor brand complained that Schwarz E-Commerce used a picture of Vaude's “Hogan UL” tent to advertise its own offer, in this case a tent that looks very similar ...
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LaCrosse is sold to ABC-Mart
LaCrosse Footwear, the U.S.-based owner of the LaCrosse and Danner brands, announced that the company has agreed to be acquired by ABC-Mart for approximately $138 million, or $20 per share in cash. ABC-Mart is a leading Japanese retailer of athletic, business and casual footwear, with about 800 stores under the ...
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Lundhags implements a strategic shift
After its acquisition by Swix earlier this year, Lundhags is unfurling a strategic plan that is meant to increase its exposure and to widen its appeal. The new approach is encapsulated in the Swedish brand's new tagline, “Love the Seasons,” focused on the concept of an authentic Nordic brand, offering ...
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Halti gets new major shareholder
Ingman Group, a Finnish family-owned investment company, has taken over a majority stake in Halti, the Finnish ski and outdoor apparel brand. Ingman acquired the shares held since 2004 by another capital investment firm, 3i, which was the largest stake in Halti but still made up just under half ...
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Peak Performance reorganizes its distribution
Peak Performance, the Swedish sports and lifestyle brand, has inked a deal with Basic Group to sell its products in Italy from the start of next year. Peak Performance currently runs its own business in the country. Part of Basic's assignment is to open Peak Performance stores, which are ...
