Latest News & Analysis – Page 61
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ArticleDespite sales decline in first three quarters, Ideal reports reduced loss
Despite a sharp revenue decline, the Taiwanese bicycle manufacturer cuts losses significantly, showing resilience after 2023’s major customer insolvencies.
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ArticleKMD Brands reports Q1 update, elects board members
The group released trading results, highlighted improved sales trends and announced the re-election of directors at its annual meeting.
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ArticleProspective buyer of Revelyst acquires 1.2m-sqm shopping center in Dublin
Strategic Value Partners, the future Revelyst owner, expands its portfolio with a major Irish retail center acquisition.
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ArticleA look at ongoing COP29 in Baku, Azerbaijan
COP29 in Baku is addressing climate finance, carbon markets and the fossil fuel transition against a backdrop of setbacks, political tensions and surprising global stances.
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ArticleOberalp Group expands Salewa Cube climbing gym franchise in Italy
The new initiative will bring innovative, community-focused climbing gyms to urban areas, blending fitness, gear trials and year-round accessibility.
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ArticleFreight costs and consumer trends present challenges for retailers this Christmas
Supply chain trends highlight steady holiday orders and increased freight costs, impacting retail profitability amid shifting consumer behaviors.
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ArticleBergzeit wins EMAS award
The German outdoor e-retailer was recognized for environmental innovation.
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ArticleGiant Group's results still affected by high inventories
The Taiwanese group is facing a decline in sales and challenges in the market in the first three quarters despite strong growth in China and new indoor cycling ventures.
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ArticleBiotexfuture Fall Forum highlights bio-based textile innovations
The upcoming forum before ISPO Munich showcases eco-friendly, bio-based materials, with industry leaders discussing sustainable textile solutions.
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ArticleThule Group acquires Quad Lock
The Swedish group expands its portfolio with the strategic acquisition of the Australian phone mount specialist.
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ArticleSchoeller to close Swiss production facility due to rising costs
Due to economic pressure, the Swiss textile manufacturer will reportedly close its site in Sevelen, affecting several employees as production is moved abroad.
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ArticleMerrell’s Q3 EMEA sales rise by mid-teens
Merrell’s Q3 sales rose 1.4% to $159.2m, driven by growth in the US and Asia. Parent Wolverine Worldwide eyes a strong 2025 launch for Merrell’s Speed Arc Collection.
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ArticleVista Outdoor reports solid Q2
Both segments performed satisfactorily in Q2 in the midst of the spin-off plans, with strategic cost-cutting initiatives boosting profitability.
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ArticleDespite declines, Clarus sees improvement in outdoor and adventure
Revenue shifts in outdoor and adventure gear reflect strategic adjustments aimed at overcoming challenging consumer demand in key market segments.
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ArticleMichelle Cliffe: Rethinking paper, packaging and sustainability in outdoor retail
The Outdoor Industry Compass interviewed Michelle Cliffe from Canopy on paper’s environmental impact, sustainable alternatives and how brands can help protect ancient forests.
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ArticleSolo Brands reports Q3 losses, reaffirms FY24 outlook
The outdoor lifestyle brand reports mixed quarterly results, but it maintains its revenue projections for the year.
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ArticleCanada Goose Q2 profit rises despite revenue decline
The quarter saw a 30% drop in operating income amid declining wholesale and DTC sales, but a tax recovery lifted profitability by 54% to C$6.3M.
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ArticleYeti makes progress with supply chain diversification as Q3 sales jump 10%
The outdoor company diversifies production, opens a new facility and reports 10% sales growth in Q3, driven by strong drinkware and cooler sales across all channels.
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ArticleWorld of Freesports is giving extreme sports a stage at ISPO Munich
An action sports channel hosts athletes and industry experts at the World of Freesports congress, exploring media strategies and sports visibility.
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ArticleBike24 sees modest Q3 growth, maintains 2024 forecast
The e-tailer posted 2.9% Q3 revenue growth, driven by strong bike sales and strategic pricing, while focusing on profitability in a challenging market.
