Latest News & Analysis – Page 299
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Patagonia Re-defines Its European Strategy
In its fiscal year 2008-09, which ended on April 30, Patagonia reached global sales of $315 million, compared with $294 million in the previous year. The European business continues to be small with some €25 million. Five percent of European sales came from the company’s own website, which Holger Bissmann, ...
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Salewa Is Upgrading Its Sales Forecast
Better than expected sales so far this year have led the Salewa group to improve its sales forecast for 2009. Instead of the 10 percent increase predicted earlier this year, the management is now budgeting a 15 percent improvement to $155 million, including the results of Dynafit and those from ...
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Outdoor Beats The Recession
The European Outdoor Group (EOG) displayed marked optimism about the growth of the European outdoor market this year. This comes after growth estimated at between 1.2 and 1.4 percent for the specialist European outdoor market in 2008, reaching a level of €5.75 billion, based on figures provided by suppliers. The ...
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Skyrocketing Outdoor Sales At German Intersport
In the first half of 2009, Intersport Germany’s outdoor sales were up by 20 percent. The buying group expects sales in this segment for the whole year to reach €560 million at the retail level, compared with slightly more than €500 million in the previous year. According to Klaus ...
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Scheck Posts Strong Growth Outdoors
SportScheck, Germany’s largest specialty sports retail chain, had sales of €306.1 million in its fiscal year ended Feb. 28, or 3.3 percent more than in the previous year. About 50 percent of the sales came from its 14 brick-and-mortar stores while the other half was done through mail-order. Out of ...
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Blacks Reports Decling Sales
For the first 19 weeks of its current financial year, ended July 11, Blacks Leisure Group reports a sales decline of 1.6 percent on a same-store basis in its outdoor stores. Britain’s largest outdoor retailer points out, however, that sales grew by 10.4 percent more than the average ...
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Wolverine Hurt By Foreign Exchange
Wolverine World Wide announced a sales drop of 7.8 percent to $246.4 million for the second quarter ended June 20, but taking into account foreign currency effects, the decline was limited to just 3.1 percent. Excellent sales in the U.S. were countered by tough conditions in the rest of the ...
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Adidas Gets More Serious About Outdoor
Adidas is preparing to widen its international distribution of outdoor products, as part of a multi-year plan to establish the brand in the global specialist outdoor business. While sales formerly focused on German-speaking countries, along with Russia, China and Korea, a wider and more technical outdoor range is to be ...
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Npd Estimates The Broad European Outdoor Market At €14.1 Billion
This estimate of €14.2 billion by the authoritative market research company NPD means that the outdoor sector represents about 20 percent of the overall European sporting goods market, previously estimated at around €70 billion at retail, including VAT. According to NPD, this sector grew by 1 percent in 2008, therefore ...
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Kamik's Owners Buy 50% Of Aku
The families that own these two brands have decided to set up a 50-50 joint venture, called Aku Italia, that will take over all the assets of Aku, a leading Italian producer of outdoor boots in Montebelluna that has been trying to complete a gradual transition from the status of ...
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Tecnica Group Makes Big Statements In Outdoor Shoes
The Italian group is launching an interesting new category of comfortable, athletic-inspired outdoor shoes under the Tecnica brand, called the “Tecnica Rolling System.” This one the first new initiatives undertaken by the Tecnica Group to achieve a corporate goal to take outdoor, in-line skating and other summer-based sports categories ...
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Lafuma Sells More Rand Rights In Korea
The French group had already sold the rights to its Millet brand for the Korean market to its local licensee, Edelweiss, a few months ago for €5.8 million to help improve its financial position ahead of an injection of new equity. It is now doing the same thing for two ...
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Katadyn Enjoys Double-digit Growth
Katadyn Products, which claims to be the global leader in portable water purification solutions with a market share exceeding 50 percent, posted satisfactory figures for 2008: Total sales soared by 13.3 percent to 37.2 million Swiss francs (€24.6m-$34.2m). Earnings before interest, taxes, depreciation and amortization (EBITDA) rose by 22.9 percent ...
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U.S. Will Eliminate Duties On Performance Outerwear
The U.S. Congress passed last week a new legislation that eliminates disproportionately high import duties on performance outerwear, called the Outdoor Act, where the word Outdoor stands for Optimal Use of Trade to Develop Outerwear and Outdoor Recreation. The new bill creates specific classifications for recreational performance outerwear in the ...
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Outdoor Makes German Sport 2000 Smile; Group Launches New Label
In the first six months of 2009, the retailers affiliated with the German buying group increased their sales of outdoor-related products by 17.3 percent as compared to the same period last year. As a result, the outdoor segment increased its share of the group’s total sales from 16.7 to 18.7 ...
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Transa Launches Switzerland’S Biggest Outdoor Magazine
Transa, the big Swiss specialty outdoor retailer, is going to introduce its own consumer magazine, called 4-seasons.ch, by mid-October. With a circulation of 120,000 copies it is supposed to be the country’s biggest printed publication of its type. 90,000 copies will be sent out to the owners of Transa’s customer ...
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How Deep Will The Impact Be Of Eu Biocide Regulations?
Recent discussions in Brussels on biocidal products may have an impact on the entire outdoor industry. Trix Ammann, the chief executive of Katadyn, the global market leader for portable water treatment solutions, alerts the industry that new regulations might cause major complications for many suppliers of outdoor products. The current ...
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Frisk Is New Head Of Vf’S Outdoor And Action Sports
Patrik Frisk, until now the head of The North Face’s operations in Europe, the Middle East and Africa, has been promoted president of VF Corporation’s Outdoor & Action Sports unit for the EMEA region and will report in this new role to Karl Heinz Salzburger, president of VF International. The ...
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Peak Performance Walks Into The Footwear Business
The Swedish label for functional snow and outerwear is no longer barefoot. For the summer season 2010, Peak Performance will present a line of casual shoes. The collection consists of some 40 styles for women and men, including leather boots and thong sandals. For the launch, the Peak ...
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Schoeller Has The Right Dna To Fight Product Piracy
The Swiss maker of premium fabrics presented a new technology to fight fakes at the Techtextil show in Frankfurt. The new system is called DNAtex and promises to enable the user to detect fakes or to recognize original products within a couple of seconds. The basis of the innovation is ...
