All Trail Running articles – Page 28
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ArticleUSWE with 49% organic growth in Q4, annual sales surpassing SEK 100m
The organic net sales of USWE Sports AB, the Swedish parent company of USWE, Void Cycling and Giant Loop, increased by 49 percent in Q4 (January to March) compared to the same period last year. According to the company, this growth was primarily driven by increased sales to wholesalers and ...
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News briefsScan-to-print circular footwear from Vivobarefoot
London-based footwear brand Vivobarefoot has launched the first commercially available limited edition Vivobiome barefoot shoes. Vivobiome is a scan-to-print system for circular footwear and a clear move away from complex and, according to Vivobarefoot, extremely wasteful analog manufacturing to a simpler, low-waste and connected system that is fit for a ...
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ArticleTeva and Sanuk down, while Hoka accounts for strong FY24 at Deckers
Deckers Brands, the parent of Hoka and Teva, among others, ended a successful fiscal year by reporting a 36 percent operating income increase in the final period to $144.3 million compared to $105.9 million. Gross margin expanded by 620 basis points to 56.2 percent. Revenues increased by 21 percent ...
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News briefsThule continues to expand its European e-commerce presence
In early May, Thule successfully launched thule.com e-commerce in Poland, opening its 12th DTC store in Europe. The company said that Poland, the seventh largest country in Europe with a population of around 40 million, offers a significant opportunity to bring all its products closer to many more consumers. The ...
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ArticleStrava uses AI for next chapter of accelerated product development
Strava unveiled its latest initiatives and product developments at its annual event, Camp Strava, in Los Angeles on May 16. Under the theme “Progress, Together”, the company announced how its global community will be able to use Strava in the future. “Strava is gaining momentum to realize our vision of ...
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News briefsHaglöfs’ CEO steps down
Source: Haglöfs Fredrik Ohlsson leaves his post as CEO of Haglöfs Swedish outdoor brand Haglöfs announced a change at the top of the company on May 17. Fredrik Ohlsson, who has led the company for five years, will step down as CEO. This decision is in line ...
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News briefsTNF opens new concept store in Singapore
The North Face (TNF) returns to Singapore’s retail landscape courtesy of one of the Middle East’s leading family conglomerates, GMG, following its withdrawal in 2017. The new concept store, with a retail space of around 230 sqm in VivoCity, is the first of its kind Southeast Asia and features products ...
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News briefsSuperfeet welcomes new CFO
Source: Superfeet Kathryn McKenzie Pacific Northwest-based insole specialist Superfeet announced the appointment of Kathryn McKenzie as its new Chief Financial Officer. With a distinguished background financial and strategic leadership, McKenzie joins Superfeet to spearhead the company’s financial strategies. The company said McKenzie will play a crucial role ...
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News briefsLowa’s 2023 financial results stable despite weaker demand
Lowa’s production volume has been stable in the past financial year despite weaker market demand and delays due to introducing new IT systems in production. In its 100th year, the German hiking and mountaineering boot specialist, part of the Italian Tecnica Group, sold around 3.06 million pairs of shoes, roughly ...
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ArticleDespite difficult times, Bike24 looks to a brighter future
Although 2024 got off to a challenging start in a persistently uncertain economic environment, Bike24 Holding AG, the German e-commerce retailer for cycling, running and swimming sports, expects a return to growth with improved profitability. “In the current macroeconomic environment, we have made a satisfactory start to 2024,” said Bike24 ...
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News briefsOrthoLite expands global foam innovation team with two specialists
OrthoLite’s Global Foam Innovation Team was founded by Hanson Zhang, the company’s Chief Chemist, who co-leads the team, which is essentially the heart of the insole specialist’s product development, with Wen Bin Hong, OrthoLite’s Director of Chemistry. Now, two new hires have been announced to – as Ortholite puts it ...
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News briefsWolverine Worldwide aims for greater internationality with new license deals
Wolverine Worldwide has inked two new global licensing deals as part of its strategic evolution into a brand-focused growth entity. Vida Shoes International will take on the role of global licensee for Merrell and Saucony kids footwear under the first agreement. This partnership grants Vida rights to these products across ...
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ArticleREI posts $3.76 billion in revenue in 2023, but loses $311 million net
US specialty outdoor retailer REI Co-op released its impact report and financial results for 2023 on April 30. The year closed with $3.76 billion in net sales and nearly $270 million invested back into the co-op community. Net sales were down 2.4 percent from 2022, and the co-op reported a ...
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ArticleGarmin gains on positive results from fitness and automotive segments
Swiss navigation and fitness device manufacturer Garmin, in its seasonally lowest quarter of the FY, reported a 51 percent increase in Q1 operating income to $298.4 million from $197.0 million for the period ended March 30. Net income was up 36 percent year-over-year to nearly $276 million, and gross margin ...
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ArticleCoDi's aggregate Q1 sales nearly unchanged despite net loss
The net loss from continuing operations in Compass Diversified’s (CoDi) branded consumer companies related to sports, outdoor and apparel (5.11 Tactical, Boa, PrimaLoft, and Velocity Outdoor) was $10.5 million against a profit of $1.79 million for the three months ended March 31. Aggregate sales for the four businesses were essentially ...
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News briefsDeckers creates role of President of Global Marketplace
US company Deckers Brands, owner of a portfolio of brands including Ugg, Koolaburra, Hoka, Teva, Sanuk and Ahnu brands, has promoted Marco Ellerker to the newly created role of President of Global Marketplace, effective Aug. 1, 2024. Ellerker has served in various operational roles at Deckers since 2017, most recently ...
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News briefsNew CFO at Lowa
As of April 1, 2024, Klaus Flock is the new Chief Financial Officer (CFO) of the German outdoor footwear specialist Lowa Sportschuhe GmbH. Flock joins Managing Director Alexander Nicolai and International Sales Manager Matthias Wanner as part of the Lowa management team. The previous commercial director, Rudi Limmer, will retire ...
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News briefsNew addition to Dynafit’s international marketing team
Source: Dynafit Veronica Glaser On April 1, 2024, Veronica Glaser joined mountain sports brand Dynafit, part of the Italian Oberalp Group, as Events & Internal Communications Manager. Glaser has a diverse professional background in the sports industry and most recently worked as Sponsoring Manager at Denk Pro ...
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ArticleCirql launches fully recyclable midsole made from 30% recycled TPU
US-based insole specialist OrthoLite, the company behind Cirql, a provider of sustainable material solutions for the global footwear industry, has launched a new midsole foam called Cirql rTPU30. According to Cirql, the patented innovation consists of 30 percent recycled TPU material and is manufactured through a chemical-free, supercritical foaming process. ...
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News briefsGregory official gear partner of Merrell Skyrunner World Series 2024
After a successful test run last year, Gregory and the Merrell Skyrunner World Series have confirmed their partnership for the current season. The luggage specialists will equip the entire team of the global trail running series with gear as they travel to 21 races on four continents. Gregory will test ...
