Latest News & Analysis – Page 277
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Outdoor outpaces broader sports market in Europe
The outdoor market increased by 3 percent on a currency-neutral basis in 2010 to €15.2 billion at retail level in the 36 major European countries, driven by the walking, hiking and camping segments, according to NPD Group. This compares with a rise of about 2 percent for the overall European ...
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Asolo sells Lowe Alpine to the U.K. Equip group
The legendary backpack brand returns to England at last. The new owner is the Equip Outdoor Technologies group, which also markets the brands Rab and Podsacs (high-end crafted backpacks), as well as Integral Designs (tents, bivvies, tarps, shelters and accessories).Equip, a privately held company owned by Matt Gowar, takes over ...
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Dynafit moves into the summer business
Starting with summer 2012, Salewa's ski-touring brand Dynafit will offer a summer collection. According to Heiner Oberrauch, the brand's owner, the line targets those customers who enjoy Dynafit in winter and want to take advantage of the brand during their summer activities as well.Dynafit's new approach is focused on alpine ...
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Deuter’s parent acquires Ortovox
Shortly before the OutDoor show, Ortovox has been bought by Schwanhäusser Industrie Holding, a company that markets and manufactures cosmetics as well as writing materials known under the Schwan-Stabilo brand. Schwanhäusser also owns Deuter, the important brand of backpacks and sleeping bags. Schwanhäusser has frequently announced that it would be ...
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Wildcraft helps to shape Indian outdoor market
The Indian outdoor business is beginning to take shape, as several brands and retailers are starting to achieve recognition among a fast-growing group of outdoor enthusiasts in the country. This emerging market is particularly stimulated by Wildcraft, the only full-fledged Indian outdoor brand, which already has hundreds of retail partners ...
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Hi-Tec enjoys more direct and less licensed business
Buoyant sales of outdoor products enabled Hi-Tec to lift its directly invoiced sales by 4.2 percent last year, while its sales through distributors jumped by 7.4 percent. However, the outdoor, sports and golf company moved to cut back its licensed business, particularly in Asia, which reduced the wholesale equivalent sales ...
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Wolverine posts impressive results, mulls acquisitions
After the momentous recent acquisition of Timberland by VF Corporation, the numerous smaller takeovers reported in today's issue indicate strong new merger & acquisition activity all of a sudden in the outdoor sector, some of which has obviously been timed to precede the big OutDoor show in Friedrichshafen. In commenting ...
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Active Brands buys Nanok
Active Brands of Norway has made another acquisition as part of its strategy to become a major supplier of outdoor products in the Nordic countries. This time it has taken over Nanok, a specialist Norwegian brands of sleeping bags and tents made in the Far East.Nanok, which will have its ...
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Uteliv is set to expand quickly in Sweden’s outdoor specialty retail
Uteliv, a Swedish outdoor retailer with two stores, has obtained strong support from leading outdoor brands to expand its network with seven more stores in the next six years. Daniel Ringqvist and Oskar Hjerstedt, the two owners of Uteliv, will rapidly open two more stores with their own resources, and ...
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Salewa hires a tent expert
Pedro Carradinha, a passionate Portuguese mountaineer who has successfully built up his own company, Ortik, in the past few years, has become the product manager of Salewa for tents, taking over from Bernhard Schnaus, who has led its tents and sleeping bags operations for more than 16 years. As a ...
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Investment company takes over Silva
Fiskars Group has agreed to sell all of its shares of Silva Sweden AB to Karnell, a Swedish investment company. Along with the parent company Silva Sweden, the deal also includes the subsidiaries Silva Ltd. in the U.K., Silva Deutschland, Silva France and Silva Far East, based in Hong Kong. ...
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The EOG paints a mixed picture for the European outdoor market
The sell-in figures for the outdoor trade in Europe were still quite positive in 2011, according to the first indications from the European Outdoor Group's research panel, with interesting differences from one country to the other. However, adverse economic and weather conditions, particularly in the second part of the year, ...
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German outdoor retail is out of paradise
For the outdoor retailers in Germany a golden era has come to an end. After more than a decade of steady double-digit growth, the two big buying groups, Intersport and Sport 2000, as well as specialty retailers, report softened sales for the twelve months since July 2011, but with some ...
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Adidas integrates Five Ten in Europe
Five Ten, the U.S. company acquired by the Adidas group last year, is cutting its range by about 25 percent as part of the changes introduced by the new owner to make the brand more efficient. The offering will focus on climbing and cycling products, which are its specialty.The integration ...
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Jack Wolfskin expands in emerging markets
The Russian market has been identified by Michael Rupp, the new chief executive of Jack Wolfskin, as one of the most promising targets for investment by the German outdoor brand in the coming years. The former Adidas Group executive, who started at Jack Wolfskin less than two weeks ago, wants ...
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Sigg aims to treble sales within three years
That's the goal set by Patric Zingg, the 40-year-old former executive of Diesel and Swatch who was named four months ago as the new chief executive of Sigg Switzerland. He told journalists at the OutDoor show yesterday that this should happen primarily through geographic expansion, the use of new materials ...
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Julbo gets closer to its clients in Europe
Julbo has decided to take over its distribution in the Benelux countries in order to service both the sports and optical retail circuits, and to grow its winter business. The French sports eyewear company has already adopted this business model for France and Switzerland since 2003, in Germany since 2005 ...
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Mammut Invests In Avalanche Bags
Mammut Sports Group has acquired 100 percent of the shares of Snowpulse, a Swiss company that develops airbag technologies for avalanche rescues. Mammut already presented backpacks using the Snowpulse technology at the last Ispo.The management of Snowpulse continues to be led by its two founders and co-owners, Yan Berchten and ...
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Vf Acquires Timberland
VF Corporation, the owner of The North Face and many other outdoor, sports and jeans brands, has agreed to pay about $2 billion to acquire The Timberland Company, the American firm that owns the Timberland and SmartWool brands. The amount doesn’t include extra cash at Timberland. If completed, the tie-up ...
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Tecnica Group Sells Think Pink
Responding to a takeover offer, Tecnica Group has sold its Think Pink brand of apparel to Man Socks Italia, a 20-year-old Italian knitwear manufacturer that makes socks, underwear and other items, partly under license with brands such as Fila and Australian. Run separately through a subsidiary, GB International, Think Pink ...
