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Kathmandu’s sales jump by 52% on Rip Curl acquisition
Kathmandu Holdings had record sales and profit for the first half of its financial year, ended on Jan. 31 2020, boosted by the acquisition of Rip Curl during the period. Revenues were also driven by a good performance by its New Zealand business and robust sales at Oboz, the American ...
Gregory continues to outperform
Gregory Mountain Products continued to outperform other brands in the portfolio of Samsonite International last year including High Sierra, the group’s more lifestyle-oriented brand of backpacks.
Wolverine wants to save $500 million
As reported in a separate article, Wolverine Worldwide was the company in our industry that got the biggest hit on the stock exchange between Jan. 1 and March 27. On March 26, Wolverine released a detailed statement about the proactive and precautionary measures that it is taking to navigate through ...
Interview with Heiner Oberrauch, president of the Oberalp Group
We recently heard a lot about the Salewa brand and its operational decisions and support programs during the Covid-19 crisis. After the interview with Salewa’s managing director Stefan Rainer, the Compass now had the opportunity to speak to Heiner Oberrauch, president of the Oberalp Group and owner of the Salewa ...
Wolverine wants to save $500 million
As reported in a separate article, Wolverine Worldwide was the company in our industry that got the biggest hit on the stock exchange between Jan. 1 and March 27. On March 26, Wolverine released a detailed statement about the proactive and precautionary measures that it is taking to navigate through ...
Salewa cancels SS 2021 textile collection: Interview with Stefan Rainer
To support its retailers during and beyond the ongoing Covid-19 pandemic, the Italian outdoor brand Salewa decided to skip the SS 2021 textile collection. Outdoor Industry Compass spoke with Stefan Rainer, managing director of Salewa, about the rationale and context of this decision.
Primaloft will make more noise
(SGI) No figures are available, but Primaloft is said to have become very profitable after growing for a while at a double-digit rate every year. Some of the profits are going to be reinvested in consumer-oriented advertising to build up brand awareness, probably starting with the autumn/winter 2021 season, to ...
EOG: New team members and ambitious goals
The European Outdoor Group (EOG), which currently federates 110 of the world’s leading industrial and retail companies from the outdoor sector, has announced its priorities for the coming years. The focus will be on three pillars: Doing business right with the help of business intelligence; preserving the outdoors; and getting ...
New chief executive for Haglöfs
(SGI) The Swedish outdoor company Haglöfs has not had a chief executive since November 2019, when Carsten Unbehaun left to become the new CEO of Asics EMEA. The vacancy has finally been filled by its global sales director, Fredrik Ohlsson. In his new role, Ohlsson will continue the brand’s ongoing ...
The outdoor market looks a little brighter
A preliminary survey conducted by the European Outdoor Group (EOG) among its members indicates that the European outdoor industry apparently fared better last year than in 2018, when its deliveries to the trade fell by an estimated one percent to €5.81 billion.
The ski market is apparently growing in the long term
Manufacturers’ deliveries of skis, boots and bindings to the trade grew for the third year in a row during the winter 2018/19 season, according to an annual study recently released by the Federation of the European Sporting Goods Industry (Fesi). Some analysts expect the trend to continue to be positive ...
Spain’s mountaineering market consolidates
Spain’s market for mountaineering products was once again marked by consolidation in 2019. The big players got stronger, while the small players diminished in number, although there were fewer store closings than in previous years. Among the victims were Anayet Vertical, of Zaragoza, and MMallorca and Trekoon, both in Palma ...
IFH predicts 10-year decline in German retail outlets; March ifo index plummets
(SGI+) The German Institute for Trade Research (IFH), based in Cologne, recently published a report, titled “Trade Scenario 2030,” predicting another large-scale reduction of stores in Germany over the next 10 years. By 2030, according to the IFH, the number of German retail companies will decrease again by up to ...
Evo uses vacation days to fund hourly pay
Evo, an American multi-channel retailer of outdoor gear and fashion apparel, has encouraged its executives to give up vacation days and transform them into hourly pay for workers on furlough because of the coronavirus pandemic. So far at least 37 of them have made the sacrifice, each donating eight to ...
The North Face is exploring new territories
The North Face is reserving some interesting new surprises in its footwear range for the spring/summer 2021 season, to be presented at the OutDoor by Ispo show in Munich later this year. At the last Ispo show in Munich, the brand created a sensation with its highly technical “Advanced Mountain ...
