Latest News & Analysis – Page 52
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ArticleMerida reports loss on Specialized write down, but core business strengthens
Despite a major writedown on its Specialized investment, the Taiwanese bicycle manufacturer’s core business is growing.
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ArticleYeti appoints two industry veterans to strengthen board leadership
The Texas-based company adds J. Magnus Welander and Arne Arens to its Board of Directors, reinforcing its growth strategy.
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ArticleGiant Group faces inventory write-downs due to weak market conditions
The Taiwanese group faces a 7.4 percent sales decline and TWD1.9bn inventory loss but expects profit recovery in 2025 as demand for new products rises.
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Article“The Key” project pioneers circular textile recycling
A new German project is tackling one of the textile industry’s biggest challenges: recycling polyester-cotton blends.
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ArticleHudson’s Bay seeks creditor protection amid retail industry pressures
Canada’s oldest retailer seeks protection from creditors in the face of trade tensions that may soon affect others, including outdoor companies.
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ArticleSamsonite reports sales decline in 2024, aims for IPO in the US; Gregory sees slight growth
Samsonite reported a 6.5 percent decline in sales in 2024, but the outdoor division grew, indicating strong demand for high-quality outdoor equipment.
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ArticleDecathlon Germany and BusinessBike partner to expand bike leasing access
The retailer expands bike leasing options, making cycling more accessible for employees and businesses across Germany.
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ArticleSolo Brands faces uncertain future
The US outdoor lifestyle company faces financial uncertainty but outlines a turnaround plan, including cost cuts and pricing changes, as it seeks a return to profitability.
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ArticleT2T Alliance launched to promote a circular economy for textiles in the EU
The new alliance unites recyclers to push for stronger EU policies, ensuring textile circularity and industry-wide sustainability efforts.
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ArticleTecnica Group reports stable financial results in 2024, with Lowa leading growth
Despite a 4% revenue dip, the Italian group reports solid 2024 results, with Lowa driving growth and a strategic push into digital and sustainability.
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ArticleGarmont and Naglev announce strategic collaboration
The two Italian brands join forces to develop innovative outdoor footwear, combining technical know-how with sustainability for the next generation of hikers.
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ArticleDecathlon Germany partners with Rebike on shop-in-shop concept
The retail chain brings refurbished e-bikes to select German stores, enhancing circular economy efforts with in-store sales and services.
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ArticleVaude receives “Leader Status” for a tenth consecutive year
The German outdoor brand has once again been recognized for its commitment to fair working conditions, securing the Fair Wear “Leader Status.”
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ArticleVF Corp. charts course for growth with renewed brand strategy
VF Corp. unveils an ambitious roadmap for Vans, The North Face and Timberland, aiming for premium positioning, market expansion and stronger brand appeal.
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ArticleS&P: Outlook for Kontoor Brands has turned negative following acquisition of Helly Hansen
S&P Global revises the group’s outlook to negative after the $700m buyout, citing leverage concerns and execution risks.
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ArticleClarus reports Q4 and FY24 results amid heavy impairment charges
Clarus reports a $65.5 million Q4 loss amid heavy impairments but sees growth in its outdoor segment while adventure sales struggle.
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ArticleCanadian Tire unveils ‘True North’ strategy
The sale of Helly Hansen was just the beginning of a new strategy that the Canadian company is pursuing to streamline its portfolio and refocus on its core retail business.
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ArticleRapala VMC makes progress stabilizing business in FY24
As the Finnish group prepares for a CEO transition, it reports mixed FY24 results, citing progress in efficiency and brand positioning.
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ArticleKMD Brands names Brent Scrimshaw as new group CEO
The former Nike executive takes the helm of the New Zealand-based group amid financial challenges.
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ArticleFenix Outdoor acquires majority stake in Devold of Norway
The parent of Fjällräven, Hanwag and Tierra is strengthening its portfolio by acquiring 65% of the shares in the Norwegian wool underwear specialist.
