News Briefs – Page 4

  • Samsonite Logo
    News briefs

    Samsonite pack sales increase by 17 percent in H1

    2023-08-18T14:57:00Z

    Samsonite did not breakout sales of Gregory Mountain Products in its H1 report. Instead, the pack brand was lumped into an Other segment along with High Sierra, Kamiliant, ebags, Xtrem, Lipault and others. Collectively, the nine pack labels and selective third-party brands sold through the group’s Rolling Luggage and Chic ...

  • RevolutionRace_logo
    News briefs

    Revolution Race posts strong FY, but profits decline

    2023-08-16T15:55:00Z

    Swedish DTC outdoor company Revolution Race (RVRC) has released its fresh financial report for Q4 – the period between April 1 and June 30, 2023. According to the report, the industry up-and-comer’s net sales rose 14 percent to 362 million Swedish kroner (€30.3m), compared to SEK 318 million (€26.6m) in ...

  • helly-hansen_Logo
    News briefs

    Helly Hansen sales dip in Q2

    2023-08-11T06:03:00Z

    Canadian Tire, which owns the Norwegian outdoor brand Helly Hansen, reported a 2.9 percent decline in Q2 revenues for Helly Hansen to C$135.6 million (€92.8m) from C$139.6 million for the period ended June 30. The company cited the timing of wholesale shipments for the sales drop. In Norwegian kroner, Q2 ...

  • johnson-outdoors-logo
    News briefs

    Johnson Outdoors’ Q3 operating income falls by 27 percent

    2023-08-03T15:19:00Z

    Johnson Outdoors’ total revenues declined by 8 percent to $187.0 million from $203.8 million for the U.S. parent company of a portfolio of fishing, diving, camping and watercraft brands, including Jetboil, Old Town, Eureka! and Ocean Kayak as operating income slid 27 percent to $17.4 million from $23.8 million. Ebit ...

  • rocky-brands
    News briefs

    Rocky Brands sees business positioned for H2 improvement

    2023-08-02T08:33:00Z

    Despite experiencing strong sell-throughs at several major U.S. wholesale accounts, U.S. footwear company Rocky Brands reported a 38 percent decline in Q2 sales to $99.8 million from $162.0 million for the period ended June 30. Wholesale segment revenues declined by 45.5 percent to $71.5 million and fell by 3.6 percent ...

  • Newell_Brands_logo
    News briefs

    Newell Brands drops annual guidance, outdoor & recreation Q2 results fall

    2023-07-29T06:56:00Z

    Newell Brands, the Coleman and CampingGaz parent, reported a 22 percent decline in Outdoor & Recreation segment sales to $333 million from $427 million for the period ended June 30. A 20.9 percent drop in core sales and currency impact is included in the revenue total. Segment operating income slid ...

  • polygiene_logo_general_formindfulliving_horisontal_rgb_pos_670869
    News briefs

    Polygiene sees market recovery by end of 2023

    2023-07-27T15:12:00Z

    Polygiene Group, while admitting “the pace of the market recovery has taken longer than expected,” suggests current “market signals” point to a recovery by the end of the year. In Q2, the group reported a 46 percent drop in net sales to 25.4 million Swedish kroner (€2.3m) and an operating ...

  • KMD Logo
    News briefs

    KMD Brands updates full-year outlook

    2023-07-12T06:27:00Z

    KMD Brands, the New Zealand parent of Oboz, Kathmandu, and Rip Curl, says it’s on track to reach full-year sales of NZ$1.1 billion (€619.7m) for the 12 months ending July 31. FY gross margin is forecast to be on par with the prior year, and Ebitda is forecast at NZ$105 ...

  • 1200px-Rapala_Logo.svgz
    News briefs

    Rapala anticipates significant decline in FY23 operating profit

    2023-07-01T07:28:00Z

    The fishing equipment company, which completed a restructuring of its Helsinki headquarters this month and welcomed back former COO Lars Ollberg as CEO in May, is now forecasting its full-year comparable operating profit to be “significantly below” its FY22 level. Rapala blamed the expected annual profit shortfall on persistent ...

  • American Outdoor Brands
    News briefs

    American Outdoor Brands shrinks Q4 loss despite lower sales

    2023-06-29T06:16:00Z

    American Outdoor Brands reported an operating loss of $4.0 million against a loss of $70.8 million in Q4 ended April 30. Period revenues declined by 8.0 percent to $42.2 million from $45.9 million, but gross margin improved by 130 basis points to 45.2 percent from 43.9 percent. Outdoor lifestyle sales ...

  • luhta-sportswear-company
    News briefs

    Luhta's parent's sales increase 25% in 2022

    2023-06-26T14:55:00Z

    Luhta Sportswear Company, the parent of the Luhta, Icepeak, Rukka and Dachstein brands, reported a €10.3 million profit in 2022, up from €2.35 million a year earlier, as total revenues increased by 25 percent to €245 million from $196 million. During the year, the Finnish group returned to a normal ...

  • Scarpa Logo
    News briefs

    Scarpa records double-digit sales increase

    2023-06-06T16:55:00Z

    Scarpa posted consolidated sales of €169 million for 2022, which marks a 26 percent increase from 2021. The Ebitda of €21.5 million compares to an Ebitda of €18.8 million in 2021. In 2022, the Italian outdoor footwear specialist further strengthened its commitment to sustainability through the launch of LIFE Re-Shoes, ...

  • 7023-772-17_Lovino-C2G-taupe_Detail-Gravel-Breaks_01
    News briefs

    Glove brand KinetiXx records 55% growth

    2023-06-01T14:12:00Z

    Source: KinetiXx KinetiXx Lahja C2G German glove manufacturer W+R’s relatively young KinetiXx brand reported significant growth in the past fiscal year (ended March 31, 2023). Sales of the sports glove label, which excelled with outstanding successes in cross-country skiing and biathlon, particularly in the World Cup and ...

  • KMD Logo
    News briefs

    KMD reports sales growth across brands in Q3

    2023-05-19T10:11:00Z

    New Zealand-based company KMD Brands offered a trading update on its three brands for the period ended April 23, saying Rip Curl, Kathmandu, and Oboz each generated sales growth. With the group reporting Q3 consolidated, year-over-year sales growth of 15.6 percent, Oboz had the period’s largest sales increase at 120.3 ...

  • KMD Logo
    News briefs

    KMD Brands refinances debt with sustainability-linked loans

    2023-05-16T14:47:00Z

    KMD Brands, the New Zealand-based parent of Kathmandu, Rip Curl, and Oboz, has successfully refinanced its NZ$310 million (€177.4m) in debt with sustainability-linked, multi-currency revolvers. The three-and-a-half-year finance package, which includes a A$240 million (€147.6m) revolver and a NZ$54 million (€30.9m) revolver, provides the group with significant liquidity to support ...

  • helly-hansen_Logo
    News briefs

    Helly Hansen sales rise by double-digits in Q1

    2023-05-11T13:52:00Z

    Helly Hansen, the Norwegian outdoor brand owned by Canadian Tire, generated a 22.9 percent increase in Q1 revenues to C$208.4 million (€150.6m) compared to C$169.6 million in Q1 2022. In Norwegian kroner, sales were NOK 1,576.3 million versus NOK 1,185.1 million for the period that ended March 31. The company ...

  • Unifi_Logo
    News briefs

    Unifi’s sales fall 22% amid volatile global environment

    2023-05-08T12:43:00Z

    Unifi, the U.S.-based maker of the Repreve fiber, announced net sales of $156.7 million for the third fiscal quarter ended April 2, 2023, down 21.9 percent from $200.8 million in the third quarter a year ago. The decrease was primarily driven by lower sales volumes amid a volatile global environment. ...

  • Fox Factory-logo-678
    News briefs

    Fox Factory’s Q1 sales driven by Powered Vehicles Group

    2023-05-07T05:30:00Z

    Fox Factory, which completed an acquisition of Custom Wheel House in March, posted a 1 percent increase in Q1 operating income to $54.7 million and realized a 150-basis-point improvement in year-over-year gross margin to 33.3 percent in the period ended March 31. Higher income taxes against the year-ago quarter drove ...

  • johnson-outdoors-logo
    News briefs

    Johnson Outdoors reports mixed Q2 results

    2023-05-05T15:21:00Z

    Johnson Outdoors, benefitting from sales and profitability improvement in its fishing and diving segments, generated an improved gross margin, higher revenues, and a 50 percent increase in net income for the period that ended March 31. But a 20 percent rise in Q2 operating expenses to $63.9 million contributed to ...

  • Logo-lenzing
    News briefs

    Lenzing remains confident despite bumpy first quarter

    2023-05-05T15:20:00Z

    Austrian-based Lenzing Group’s Q1 2023 sales rose slightly by 1.3 percent year-on-year to €623.1m, primarily due to higher pulp sales, while fiber sales declined, the company said. Ebitda declined 66.2 percent year-on-year to €29.7 million in the first quarter, net income was €-64.9 million (compared to €34.1 million in Q1 ...