Latest News & Analysis – Page 290
-
Article
Spending Down, But Participation Up In U.S.
A new report has found that in 2009, important segments of the outdoor industry saw strong growth in the U.S. The study, Outdoor Recreation Participation Top Line Report for 2010, released by the Outdoor Foundation, found that the number of people participating in “core” outdoor sports grew by 3.3 percent ...
-
Article
Annecy Will Host The First European Outdoor Forum
Sporting Goods Intelligence Europe and The Outdoor Industry Compass have agreed to be among the sponsors of the first European Outdoor Forum. Scheduled to be held Oct. 11-13 in Annecy, home to Salomon, Millet, Patagonia Europe and many other outdoor-related companies, this convention aims to put together key players ...
-
Article
Record Number Of Exhibitors Sees Improved Infrastructure At Outdoor Show
Messe Friedrichshafen, the organizer of the OutDoor show to be held from July 15 through 18, reports a record attendance of 860 exhibitors, which corresponds to an increase of 6 percent. They come from 39 countries and represent more than 1,000 brands. As reported earlier, the trade visitor can expect ...
-
Article
Outdoor Is A Focus At Novel Spanish Trade Show
The managers of Chiruca and Intemperie, an interesting outdoor retailer in Barcelona, were two of the three companies that got a prize at the annual Sports Unlimited fair held for the second time in Valencia last month. The other one is Coas Sport, a buying group that has joined forces ...
-
Article
Clarus Announces Super Merger Of Top Brands
Clarus Corporation, a publicly traded company in the U.S., is buying two outdoor equipment companies. It will pay $90 million in cash for Black Diamond Equipment of Salt Lake City, Utah, which makes equipment for rock climbers, ice climbers, alpinists and freeride skiers. In addition, it will pay $45 million, ...
-
Article
More Personnel Changes At Successful Bever Zwerfsport
Bever Zwerfsport, the leading Dutch outdoor retailer, stands to benefit from increased investments after a management shake-up this month. As previously reported, this entailed the departure of Didier Maclaine Pont, Bever Zwerfsport’s chief executive. It emerged this week that two other managers are leaving the company. Hans Overduin, who ...
-
Article
La Sportiva Teams Up With Samsung To Develop A Technical Apparel Line
La Sportiva wanted to diversify into clothing and did so a couple of years ago with a deal to distribute the Canadian Blurr line in Europe. The contract will continue until the spring/summer 2011 season, but it will superseded after that by a global agreement that the Italian outdoor shoe ...
-
Article
Treksta Proves To Be Fit To Conquer New Markets
The Korean shoe manufacturer has delivered promising figures for the first four months of the current year. Sales for the entire group exceeded $29.2 million after total sales for the whole 2009 fiscal year ended up at nearly 64.7 million. Most of the turnover came from Asian markets as the ...
-
Article
Winter And Outdoor Sports Drive Amer's Sales
Amer Sports’ focus on profitability has apparently begun to pay off, starting with an improvement of 2.2 percentage points in its gross margin to 42.7 percent for the first quarter of this year. The Finnish sports group ended the quarter with earnings before interest and tax (Ebit) of €9.5 million, ...
-
Article
Crocs Continues Its Turnaround
The plastic shoe maker reported turnover 23.7 percent higher to $166.9 million for the first quarter ended March 31. This comprised a 23.3 percent increase in retail sales to $34.4 million and a 26.1 percent rise in wholesale to $120.2 million. The net income was $5.7 million, compared with a ...
-
Article
Garmin’S Outdoor Division Is In Better Shape Than Its Automotive Business
The outdoor/fitness segment at Garmin had good result for the first quarter ended March 27, rising by 28 percent to $103 million, but that couldn’t help the company overall, which reported a 1 percent sales drop to $431 million as its auto/mobile segment performed poorly. The marine segment grew by ...
-
Article
Wto Court Takes Up China’S Challenge Of Anti-dumping Duties
The World Trade Organization has agreed to review a complaint filed by the Chinese government last February that challenges the fairness of the anti-dumping duty of 16.5 percent extended by the European Union last December for 15 months on non-athletic leather shoes imported from China. The Dispute Settlement Body of ...
-
Article
Tnf’S Parent Puts Its Hands On Blacks
VF Corporation, the owner of The North Face, Eagle Creek, Jansport, Napapijri and many fashion brands, has acquired a stake of 4.9 percent in Blacks Leisure Group, stating that it wishes to support the turnaround plan launched by the management of the embattled British outdoor retailer. This plan is to ...
-
Article
Globetrotter Grows Again By Almost 10%
Globetrotter Ausrüstung, the Hamburg-based retail giant, managed another impressive increase in turnover 9.8 percent. Sales after VAT jumped from €205 million to €225 million during the fiscal year 2009-10, which ended on Feb. 28. The increase was lower in comparison with the year 2008-09 when sales soared by roughly 15 ...
-
Article
Maclaine Pont Leaves Bever Zwerfsport
Didier Maclaine Pont, who steered the steady growth of Bever Zwerfsport in the last six years, is leaving the leading Dutch outdoor retailer over strategic disagreements with its shareholders. Bever Zwerfsport was taken over in 2007 by AS Adventure, the largest Belgian outoor retailer, which was subsequently acquired by Lion ...
-
Article
Arques Sells Fritz Berger To A Strategic Investor
Last week, Arques Industries, a private equity firm specializing in medium-sized companies, sold Fritz Berger, the big German camping and outdoor retailer, to a strategic investor whose name has not been disclosed. A spokesman for Arques declined to say who was the buyer of the chain. According to Financial ...
-
Article
Columbia Displays Recovery In Europe And Beyond
As part of a robust quarterly performance that triggered an upgraded forecast for the full year, Columbia Sportswear hailed its return to growth in Europe, the Middle East and Africa (EMEA) during the first quarter ended last March 31. Although its European sales continued to fall in the ...
-
Article
Outdoor And Action Sports Help Vf To Increase Sales And Margins
VF Corporation has reported tha, in the first quarter, group revenues rose by 1.4 percent to $1,749.9 million. Net income increased by 62 percent to a record $163.5 million for the quarter, thanks in part to foreign currency translations and lower pension expenses. Gross margins outperformed expectations. The Outdoor ...
-
Article
Fenix Takes Benefits From Progress In Own Retail And The Domestic Market
The freezing weather in Sweden last month strongly contributed to a jump of 12 percent in the sales of the Fenix Outdoor group in the first quarter, owing to an outstanding retail performance in Sweden. The company’s turnover reached 333.6 million Swedish kronor (€34.8m-$45.2m) for the quarter, an increase of ...
-
Article
Lafuma’S Sales Decrease, But The Company Is Back In The Profit Zone
According to preliminary figures presented for the first six months ended on March 31, the overall turnover of Lafuma Groupe was down by 6.8 percent to €120.8 million. While sales in France decreased by only 3.8 percent to €74.3 million, the international business slipped by 11.2 percent to €46.5 million. ...
