Latest News & Analysis – Page 285
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Kayland’S Parent Considers Oem Production Of Hiking Boots
Novation, the Montebelluna-based manufacturer of hiking and other boots, projects a sales increase from €55 million in 2009 to €60 million for the current year. The share of its own boot brands, however, is just €35 million, whereas the other €25 million comes from its other business unit, Novation Tech, ...
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Zamberlan Enjoys International Growth
Zamberlan, the Italian high-end boot company owned by the family with the same name, projects a meaty increase in turnover and sales for the outgoing year. Fabio Miotto, a former manager at Tecnica and Crispi and head of sales at Zamberlan since 2008, told this publication that the company will ...
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Aku Is Riding High
As reported in the last issue of The Compass, the Italian company has decided to repatriate the manufacturing of the higher end of its line from Romania to its factory in Montebelluna. Aku’s momentous decision came as the company is in line to book an increase of about 30 percent ...
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The Outdoor Sports Valley Wants To Develop Better Managers
Outdoor Sports Valley (OSV), the association of outdoor and winter sports companies gravitating around the French city of Annecy, which organized the first European Outdoor Forum a few days ago, has decided to develop three university-level courses for managers in the sector, in partnership with various educational institutes. The courses ...
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Visions Were On Top Of The Agenda Of The European Outdoor Forum
More than 120 officials from over 80 companies were among the 200-plus spectators at the European Outdoor Forum held in Annecy in mid-October, which was organized by the Outdoor Sports Valley together with the European Outdoor Group. The Outdoor Industry Compass and Sporting Goods Intelligence Europe were among the sponsors ...
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China Issues Hurt Lacrosse
LaCrosse Footwear reported a 7.6 percent sales drop to $37.7 million for the third quarter ended Sept. 25, as slow growth to outdoor markets could not make up for a drop in military sales. The company also said that capacity constraints in China prevented it from fulfilling a significant number ...
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Work Footwear Gives A Boost To Rocky Brands
Rocky Brands reported a sales increase of 12.3 percent to $74.8 million for the third quarter ended Sept. 30, with increases of 12 percent for the Georgia Boot brand and 54 percent for the Rocky brand, partly offset by a 35 percent drop for the licensed Dickies brand. Net income ...
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Tomtom Claims Higher Market Shares
TomTom NV, the maker of GPS devices, had a 3 percent increase in revenues to €375 million for the third quarter. The Dutch company said it grew market share significantly in both in Europe and the U.S., but profits fell by more than a third due largely to the ...
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Britain Sees Major Shifts In Retail Landscape
The British outdoor retailing business has seen a spate of financial transactions in the last weeks, underlining the interest of investors in this growing market and paving the way for accelerated expansion of a few market leaders. Perhaps most significantly, speculation is rife about an impending sale of Go ...
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Deuter Grows Fast
The German backpack specialist once again posted impressive sales figures for its latest fiscal year, which ended on June 30. Global turnover grew by 13.3 percent to €51 million. Deuter increased its sales more strongly in the German home market, where it is a clear market leader in branded technical ...
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Coronel Tapiocca Goes Bankrupt
A court in Madrid has accepted the voluntary bankruptcy petition of Coronel Tapiocca, a leading Spanish chain of travel and outdoor stores that has been severely affected by the economic crisis, probably because it has been emphasizing travel and fashion rather than outdoor sports. The court appointed two receivers at ...
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Set For A Change Of Generation , Au Vieux Campeur Moves Into A Shopping Mall
The big French specialty retailer continues to expand in its home market. It just has opened its 9th store in Grenoble on a net selling surface of 1,500 square meters. The expenses for its wood fittings are estimated to have been around €450,000. For the first two weeks operations, ...
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Strong Demand Strains Wolverine’S Supply Chain
Wolverine World Wide is struggling to cope with demand after another significant sales increase in the third quarter and a jump of more than 55 percent in its order backlog. This was due to heightened demand for the group’s brands as well as widespread anxiety among retailers about shortages of ...
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Primaloft Expands European Management
Jochen Lagemann has started a new career as director of sales and marketing for Europe at Primaloft, the leading supplier of insulation materials, with responsibility also for the Middle East and Russia. The German executive comes from W.L. Gore & Associates where he has been active since 2003, working ...
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Vertical’S New Parent Puts Shoes On
Raidlight, the French specialist in trail running apparel and hydration packs, is preparing to launch a footwear range, to be introduced to the trade in July. This is part of the diversification started by the company, which already led to its move into trekking with the acquisition of Vertical from ...
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Aku Brings Production Partially Back To Italy
On its way to consolidation with the help of the Cook family, the owners of the Canadian Kamik brand, who made an investment in Aku last year, the Italian boot manufacturer is pulling part of its production in Romania back to its headquarters in Montebelluna. This the first stage ...
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Salewa’S New Head Office Will Start Operations Next January
The Salewa Group, along with its house brands Dynafit and Silvretta and Oberalp, a sister company that distributes various sports brands on the Italian market, are scheduled to complete next June the transfer of their operations, currently spread over four buildings in Bolzano, to a common new and avant-garde 30,000-square-meter ...
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Norrona Changes Distribution Strategy In Norway
Norrøna, the Norwegian outdoor brand, has enjoyed a leap in orders this year after its decision to drastically revise its distribution strategy in Norway – in order to prevent over-exposure and price battles. Last November, Norrøna ended its centralized invoicing agreement with Gresvig, the buying group that makes up ...
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Alfa Looks Beyond Norway
Alfa, a leading Norwegian supplier of outdoor and hunting footwear that had never strayed beyond its own country, has just started to explore the French and Danish markets, with a view to further international forays in years to come. Alfa is strongly established in Norway, where it reached sales ...
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Crocs Looks Overseas For Better Bottom Line
Having made a recovery, Crocs is now looking to increase its profitability, and to do so it is looking outside the U.S. It already makes about 61 percent of its sales from international markets, but plans to expand its network of company-owned locations to more than 400 by the end ...
