Latest News & Analysis – Page 300
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Edelrid Puts On Its Shoes; Eats Markill; Parent Opens Store
For the first time ever, Edelrid, Vaude’s brand for climbing equipment, will introduce a collection of climbing shoes. The line comprises top-line products as well as shoes for beginners and thong sandals for the chill-out after the climb. The premium product is the Raven, which can be tested in Friedrichshafen ...
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Catrade Prepares For A Change Of Generations
Catrade Sportmarketing, the important Swiss importer of outdoor and sporting goods, is preparing for the future. Beat Ladner of Schweizer Sport & Mode, the splendid Swiss trade publication, reports that the company’s three shareholders, René Ritter, Roland Schmid and Roland Döbeli, are handing over successively their shares to Didi Schweighauser, ...
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Holland Is Hi-tec’S New Dutchman For The Netherlands
Hi-Tec has teamed up with Anton Holland, a well-known businessman in the Dutch sports business, to distribute the outdoor and indoor sports brand in the Netherlands from the beginning of July. The tie-up brings together two of the most prominent Dutchmen in the sports business, Holland and Frank van Wezel, ...
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THE BIGGEST SHAREHOLDER OF SALOMON’S pARENT CASHES OUT
Amer Sports was notified today that its biggest shareholder, Novator Finland, has sold its entire stake of 20.11 percent in the company. The sale was reportedly made at a relatively discounted value of €7.00 per share. The news sent Amer’s stock down by 13.9 percent today to €7.15, giving the ...
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Camp And Cassin Merge Into One Company
Camp and Cassin, the two Italian mountaineering brands by the Codega family, will join forces in one single operative unit. The owners think that this strategic move will make both brands stronger against the stormy weather on the international markets. Camp and Cassin team up in the fields of research ...
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Outdoor Is Still All The Way Up, Researchers Say
Zukunftsinstitut ("institue for the future"), a think tank that looks to the future of business, has assessed the outdoor market and is optimistic. In fact, the chief editor for the institute, Eike Wenzel, said that the industry’s best days are probably ahead of it. Cultural values are changing, ...
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Karstadt Files For Bankruptcy
Arcandor filed yesterday for bankruptcy in a court in Essen, Northrhine-Westphalia. The holding company announced that its subsidiaries Karstadt Warenhaus, Primondo (head of the group’s mail-order operations) and Quelle are also seeking protection under the German bankruptcy code. Arcandor’s move excludes the group’s profitable tourist operations under Thomas Cook , ...
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Blacks Plans Further Exit From Boardwear After Annual Loss
Sales of Blacks Leisure Group fell by 9.1 percent to reach £267.6 million (€310.5m-$435.6m) for the fiscal year ended Feb. 28. The loss for the year was £14.4 million (€16.7m-$23.4m), compared with a loss of £9.3 million (€10.8m-$15.1m) in the previous year, but that includes impairment, lease and restructuring charges ...
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Lafuma Expects Better Margins, After A Big Loss
The recently recapitalized Lafuma Group reported a net loss of €3.2 million for the first half of its financial year, through March 31, worse than its loss of €0.7 million in the same period of the previous year. However, operating charges and capital investments are being reduced as part of ...
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Eog Reports Successful Lobbying On Ice Tools In Brussels
The European Outdoor Group has managed to convince the European Commission that ice tools should be considered personal protective equipment (PPE). For unknown reasons, the Commission had refused to accept ice tools as PPE for more than three years. The refusal led to a postponed revision of the EN 13089 ...
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The North Face Continues To Power Own And Franchised Retail
Patrick Frisk, who runs the businessf of The North Face in Europe, the Middle East and Africa, has given an update on how the brand has been doing in the region as of end of April. Outdoordata.com, the French trade publication, reports that sales in TNF's present seven corporate stores ...
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Helly Hansen Scored Well
Sales grew by 2.5 percent in 2008 for Helly Hansen, or by 5 percent in constant currencies, reaching 1,489 million Norwegian kroner (€168m-$232m), or about 2 billion NOK (€225m-$312m) including licenses. Earnings before interest, tax, depreciation and amortization (Ebitda) went up by 29 percent to 152 million NOK (€17.1m-$23.8m). ...
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Strength At Mammut Can’T Keep Conzzeta Positive
In reporting its results for the first four months of this year, Conzzeta Group said its sporting goods company, Mammut Sports Group, had the best performance, posting revenue growth of 12.3 percent to 76.4 million Swiss francs (€50.4m-$70.3m), helped by strength in reorders of winter goods and good orders for ...
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Odlo Posts Good Figures; Hits The Japanese Market
Odlo, the Swiss specialty brand for outerwear, cross-country and running wear as well as functional underwear, has sealed an agreement with Zenoah of Tokyo, which is to set up Odlo’s distribution in Japan. With its 15 employees, Zenoah is a subsidiary of Zett Corporation, and distributes local specialty brands for ...
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Fenix Is In An Acquisition Mood
It was rumored at the last Ispo show in February that Fenix Outdoor, the Swedish parent company of brands like Fjällräven, Hanwag, Primus and Tierra, as well as Naturkompaniet, the retail chain, was looking for opportunities to acquire additional brands or companies. Now the company has dropped at least one ...
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Lowa Confirms Its Leadership
Partially due to a good winter, the Lowa brand managed to increase its sales significantly in 2008. Revenues jumped by €4 million to €107 million. Outdoor footwear contributed about €1 million to this increase. The German-speaking countries continued to be Lowa’s most important markets. Production increased by 26,000 to 350,000 ...
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Berghaus Is Ahead Of Its Plan In China; Opens Flagship Store
The British outdoor brand has finally hit the Chinese market. Nearly six months ahead of the original schedule, Berghaus’ local licensee, Symphony Resources, has opened its first Berghaus concession in a department store in the city of Dalian, followed by additional points of sale in department stores in Changchun and ...
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Chinese Outdoor Market Is Still Up, Experts Say
According to observers of the Chinese outdoor market, the business in the Far East continues to be booming even though China has also been hit by the global crisis. Official sources say that the production of the entire Chinese manufacturing industry continued to increase by 8.3 percent in ...
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Sharp Decline In Johnson’S Outdoor Division
Johnson Outdoor’s second quarter was marked by a significant decline of its overall net sales by 12.5 percent to $ 106.6 million. Net income, however, increased by 420 percent to $ 2.4 million, thanks to a $20 million cost-cutting program that was launched last December, accompanied by a 12 percent ...
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Bushnell Buys The Cebe Brand
Marcolin, the big Italian eyewear manufacturer, has agreed to sell its Cébé brand to Bushnell Outdoor Products, complementing its Bollé and Serengeti lines of eyewear. Bushnell says the acquisition will allow the American company to differentiate its product lines and its distribution channels with a brand that is well known ...
