Latest News & Analysis – Page 284
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Europe, Asia Lead The Way For Timberland
With fewer closeouts and a good product mix, Timberland’s gross margin grew by 1.7 percentage points to 47.8 percent in the third quarter ended Oct. 1. Sales were up by 2.5 percent to $432.3 million, an increase of 5.2 percent on a currency-neutral basis. Net income jumped by 38 percent ...
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Ugg Continues To Help Deckers’ Results, With Extra Boost From Teva
Deckers Outdoor Corporation reported a 22 percent increase in sales to $277.9 million for the third quarter ended Sept. 30. The net income rose by a similar 24 percent to $42.0 million. The gross margin increased by 4.2 percentage points to 47.1 percent, with 2 points attributed to improved ...
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Crocs Gets Good Results Everywhere
Total revenues for the third quarter ended Sept. 30 grew by 22 percent to $215.6 million at Crocs, with double-digit gains in the Americas and Asia. That figure is on a reported basis; excluding impaired product sales of $11.5 million, sales were up by 30.1 percent. The net income rose ...
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Outdoor/Fitness Can’T Save Garmin
The outdoor/fitness segment of Garmin did much better than the company as a whole for the third quarter ended Sept. 25, reporting a 9 percent increase in turnover to $144 million and a nice 28 percent jump in operating income to $68.1 million. The company, however, suffered an 11 percent ...
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Outdoor Group Helps Jarden’S Sales Increase
The Outdoor Solutions group, which includes K2, Marmot, Rawlings, Coleman, Völkl and Pure Fishing among other properties, gave Jarden Corporation a big boost in the third quarter, recording a 6.9 percent increase in turnover to $604.7 million, or an 8 percent gain in constant currencies. Jarden said the ...
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Eog Officially Launches Its Market Study
In response to complaints from members about a lack of data on the outdoor market, the European Outdoor Group has formally launched its largest research project ever. To do so, the group is soliciting sales data from companies and brands – members or not – in seven product categories and ...
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New Agreement Between The Eog And Fesi
The European Outdoor Group recently signed a letter of cooperation with the Federation of the European Sporting Goods Industry (Fesi), providing for timely updates by the Brussels-based organization on any new European regulations that may be relevant for the work of the Standards and Regulations Committee of the EOG’s Sustainability ...
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Europarliament Clears Origin Labeling For Shoes
By a large majority, the European Parliament approved a proposal to introduce mandatory origin labeling in the European Union for some products manufactured elsewhere. Goods produced within the EU, Turkey, Switzerland, Iceland, Norway and Liechtenstein would be exempt. The products covered by the proposed regulation include all kinds ...
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Europe Sources Less Clothing From Asia
Imports of all kinds of clothing into the European Union fell by 4.4 percent in the first half of this year to €26.9 billion, representing the first decline in many years. The new trend may indicate that European importers are beginning to consider alternative sources that are closer to their ...
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British Oia Holds First Meeting Of Leaders
The Outdoor Industries Association held its first CEO and Director Forum on Nov. 3, drawing 19 top outdoor executives to Manchester, England, to discuss the state of the industry and new projects. Brian Smith, the chief executive of HF Holidays and a board member of the OIA, led the event, ...
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Portland, Oregon, Wants To Grow In The Outdoor Sector
Sam Adams, the mayor of Portland, Oregon, joined representatives of the Portland region’s athletic and outdoor industry to release the first comprehensive report on the industry’s origins and potential, with an eye to generating further employment and growth in Oregon. Adams, the Portland Development Commission, Business Oregon and the Oregon ...
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Columbia Improves Resultsdespite Sourcing Problems
Capacity constraints in the Far East forced Columbia Sportswear to resort to air freight to respond to the strong demand in the U.S. for its products in the third quarter ended Sept. 30, lowering its profit margins, and they affected its sales in Europe and Canada. Nevertheless, the group’s ...
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The North Face And Vans Set Pace For Vf
The North Face and Vans, with 17 percent and 19 percent sales increases, respectively, led VF Corporation to record third-quarter sales and earnings, with revenues up by 7 percent to $2,213.2 million and net income up by 12 percent to $243.3 million for the three months ended Sept. 30. ...
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Fourth Quarter Helps Lafuma Results
Groupe Lafuma reports that its sales declined by 3.8 percent to €245.2 million for the year ended Sept. 30. Big drops of 10.1 percent to €83.3 million at the Lafuma brand and by 10.3 percent to €23.3 million at Le Chameau more than compensated for a 0.4 percent increase at ...
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Amer Grows On The Back Of Salomon
Salomon’s apparel and footwear drove a robust increase in sales at Amer Sports for the third quarter. This was supported by nearly all of the Finnish company’s other units, with the exception of tennis. Amer Sports’ sales were up by 14 percent to €466.9 million for the quarter, equivalent to ...
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Bergans Is Restarting Its Business In North Western Europe
Bergans of Norway is pursuing its investments in international markets by searching for country managers in the Netherlands, Belgium and the U.K. The Norwegian brand is putting an end this week to its contract with RA Company, its agent for the Benelux countries, while it will be starting from scratch ...
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Ortovox Wins Over Mammut In A Patent Infringement Case
An appeal court in Düsseldorf, Germany, has ruled that Mammut’s product “Pulse Barryvox” infringes the patents held by Ortovox under the German patent number DE 10 2004 027314. According to Mammut, the court’s ruling applies only to the German market and has no impact on other countries. The Swiss company ...
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Salewa Invests In Marketing And In China
The Italian outdoor brand is about to establish its business in China. Salewa has inked a licensing and distribution deal with Beijing-based Inspiration Outdoor Trading. The two men behind this company are Yun Li, the chief executive, and Robson Iu, business development director. Li is a retailer who has operated ...
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Tog 24 Is Eyeing Markets Outside The U.K.
Tog 24, a British outdoor and ski apparel brand sold chiefly in the company’s 45 stores in the U.K., has issued a global wholesale license to Shoreditch Design, which should lead to its launch in Europe. The licensee is a fully owned subsidiary of Surfanic, which already has a network ...
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A New Heavyweight In Scandinavian Distribution
Yet another weighty Scandinavian outdoor distribution group was formed two months ago with the launch of Wenaas Sport og Fritid, which regroups several distribution units in Norway and Sweden. The company should reach sales of about 300 million Norwegian crowns (€36.9m-$51.0m) this year, most of them coming from Norway. ...
