Latest News & Analysis – Page 270
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Shehe does its Chinese business without Marmot
After more than two decades of cooperation, Marmot and its Chinese distributor, Guangzhou Shehe Summit Outdoor Gear, have decided to divorce on the wholesale front. Bill Lu, general manager of Shehe, emphasized, however, that his company will continue to serve Marmot as one of its contract manufacturers. Lu admitted that ...
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Phenix’ parent puts out profit warning, but is serious about China
China Dongxiang, which owns Phenix and the rights to the Kappa brand for China and Macau, issued another profit warning a few days ago. The company indicated that its reported sales for 2011 should show a decline of about 36 percent compared with the previous year, and the profit margin ...
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Big success for Ispo Beijing
More companies have signaled their intention to participate in next year's edition of Ispo Beijing as its four-day session last month ended up with big increases not only in terms of exhibitors, but also in attendance.No less than 24,500 visitors (daily visits) came to the China National Convention Center, near ...
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Greenpeace asks the industry to become greener
There was much buzz at Ispo about the presence of some managers of Greenpeace at the European Outdoor Group's traditional breakfast at the show. Represented by Martin Besieux and Tony Sadownichik, Greenpeace called for much stronger efforts by the outdoor industry to manufacture ecologically clean products, in line with their ...
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TNF outlines retail plans for Europe
At Ispo, Arne Arens, The North Face's sales director for the EMEA region, announced that the brand plans to expand its retail network strongly in the region this year. While TNF wants to add seven doors to its present 25 corporate stores, there will also be a major increase in ...
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Salewa acquires Wild Country
One year ago, Salewa Oberalp announced the acquisition of Pomoca, the Swiss manufacturer of mountaineering skins, which is now completely integrated into the group. At a press conference at Ispo, the Italian family-owned company announced its acquisition of Wild Country, a British producer of safety harnesses and other climbing gear.Salewa ...
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Columbia posts a record year for sales and profits
Columbia Sportswear recorded excellent figures for its 2011 fiscal year, when sales soared by 14 percent to $1.694 billion. For the fourth quarter alone, turnover was up by 15 percent and reached $526.1 million. Net profit was up by 40 percent to $36.7 million for the same period. For the ...
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Sorel booms, particularly in Europe
As reported in the previous article, after a 68 percent sales increase to $150.3 million, Sorel became the second-largest brand within the Columbia Sportswear group last year, It also contributed a lot to the 24 percent increase in the group's sales in the EMEA region, where sales of all ...
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Kodiak attacks the European market, too
Another Canadian brand of waterproof boots based in the same area of Ontario, Kodiak, is investing on the European market by setting up an office in Switzerland, run by a former European footwear product manager of Columbia, Jean Marc Groell, who took on its distribution for the Swiss and French ...
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Fjällräven picks new chiefs for North America and Europe
Fjällräven has appointed John Christian Walbrecht at the helm of Fjällräven North America, following its acquisition of the share it did not already own in its U.S. subsidiary. Arctic Fox, the company that introduced Fjällräven in the U.S. market two and a half years ago and ran its store in ...
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Asics exec will lead Haglöfs’ board
Alistair Cameron, chief executive of Asics Europe, has been appointed chairman of Haglöfs' supervisory board, marking another step in the transition that has enabled the Swedish outdoor group to lean on the infrastructure of the much larger Japanese company while retaining much of its independence.This board was formed in September ...
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Vaude has ambitious plans for Korea
Vaude is determined to push its business in South Korea through retailing by its distributor and licensee in the country, Kovea. The latter is a big fish in the world's second-largest outdoor market behind the U.S. as far as camping products such as stoves and furniture are concerned. Kovea has ...
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Silva wants to broaden range with new chief
Silva, the Swedish outdoor company specializing in compasses and headlamps, has appointed Patrik Elfwing to take over as chief executive by the start of April. He succeeds Lars Gullikson, whose departure after 13 years at Silva was announced shortly after the sale of Silva in July by Fiskars, the Finnish ...
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Vibram posts strong sales; concentrates on snow sports
Vibram, which was picked by REI as one of the vendors of the year for the second consecutive year, has reached sales of nearly €200 million in 2011. The figure cannot be compared with the previous year because the company that represents Vibram in the U.S. is no longer a ...
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La Sportiva launches its clothing line
The new collection of technical outerwear launched by La Sportiva in collaboration with its Korean licensee, Samsung, was a great success at the Ispo fair in Munich earlier this month. Designed primarily for ski mountaineering, alpine touring and freeride skiing, the line uses Gore-Tex membranes and is certified by Bluesign. ...
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Winter, outdoor sales dampen Amer’s results
Amer Sports' sales fell by 5 percent in the fourth quarter to €556.9 million due to a 10 percent decline to €375.0 million in the winter and outdoor business. The division was hit by a shift of deliveries to the third quarter and a slow start to the winter season ...
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Wolverine looks at acquisitions
Wolverine World Wide has reiterated its intention to carry out acquisitions. The focus remains on buying new brands, but the group does not rule out a move that could increase its retail activity. There is speculation that Wolverine is interested in Saucony, Sperry Top-Sider and other properties of Collective Brands.The ...
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Black Diamond expects strong double-digit growth
Black Diamond Inc., the marketer of the Black Diamond and Gregory brands, expects an increase in sales of 6 percent to more than $36 million for the fourth quarter of its past fiscal and calendar year. The estimates are preliminary and unaudited. For the whole year, consolidated sales are higher ...
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Brazil: Many opportunities and challenges
More than 100 people attended Forum Brasil, a conference organized by Ispo on the third day of its show this week. SGI Europe laid out some key facts and figures about the Brazilian sporting goods market, collected with Ispo's financial support. In summary, they show that the market is growing ...
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Swix Sports puts on Lundhags and walks into outdoor
Swix Sport, the Norwegian sports company that markets the Swix, Ulvang, Bavac and Toko brands, has agreed to acquire Lundhags Skomakarna, the Swedish manufacturer of rugged footwear and other outdoor gear, from the EQT Opportunity Fund. The deal will be effective by mid-February. According to Swix there will be no ...
