Trail Running – Page 4
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News briefsAmer Sports with best H1 since acquisition by Anta Sports
Helsinki-based sports equipment manufacturer Amer Sports has recorded its best H1 since the company was acquired by a consortium of buyers led by the Chinese group Anta Sports Products Ltd. in 2019. Amer’s revenues rose by 37 percent to 13.27 million yuan renminbi (€1.77bn) for the six months ended June ...
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News briefsDynafit extends Lifetime Guarantee
Starting Oct. 1, 2023, mountain sports brand Dynafit, part of the Italian Oberalp Group, will offer a repair guarantee of 10 years with its Lifetime Guarantee instead of the previous five. The reason for this is the quality and sustainability promise of the brand, which believes it is important that ...
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News briefsNew executive appointments at OrthoLite Cirql
Source: OrthoLite Matt Thwaites Performance footwear insoles company OrthoLite has announced Matt Thwaites as its new Vice President and General Manager of OrthoLite Cirql, the footwear solution that enables circularity for brands and factories. Thwaites brings more than two decades of experience in sales and operations in ...
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ArticleInterest income and currency gains drive net profit in Garmin's Q2
Boosted by more than $29.6 million in interest income and gains on foreign currency, Garmin posted 11.7 percent net income growth to $287.9 million from $257.9 million. Without the two gains, the group’s profit would have been essentially flat for the period ended July 1. Second quarter operating income fell ...
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ArticleCoDi maintains guidance despite ongoing inventory headwinds
Net income from continuing operations in Compass Diversfied’s (CoDi) branded consumer companies related to sports, outdoor and apparel (5.11 Tactical, Boa, Marucci Sports, PrimaLoft, and Velocity Outdoor) declined by 68 percent to $6.94 million from $21.4 million for the period ended June 30. Total revenues from the five companies fell ...
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ArticleCompany raises full-year guidance as Hoka leads Deckers in Q1, Teva sales down 19%
Deckers Brands, intent on growing both its direct-to-consumer and international businesses in the months ahead, generated a 42 percent increase in Q1/24 net income to $63.6 million versus 44.8 million for the three months ended June 30. Operating income was 26 percent higher year-over-year at $70.7 million. Total net sales ...
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News briefsPolygiene sees market recovery by end of 2023
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 ...
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News briefsXero Shoes hires new Chief Product Officer
Source: Xero Shoes Michael Pao Following the retirement of Dennis Driscoll after a nearly 50-year career in the footwear industry, Xero Shoes has hired Michael Pao as its new Chief Product Officer, effective immediately. Pao joins Xero from Timberland, where he served as Vice President of Global ...
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News briefsNew status moves Scarpa one step closer to B Corp. ambitions
Scarpa has achieved Benefit Company status – a legal status introduced in Italy in 2016 to identify those companies that, besides profit, pursue specific goals of common benefit, with the aim of generating value for people, the planet, businesses, and the productive realities of the country. Brands designated as a ...
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ArticleCrazy undergoes strategic reorientation
Source: Crazy Valeria Colturi Crazy, a brand founded in 1989 by Valeria Colturi, a top Italian cross-country skier, offering mainly products for ski mountaineering, trail running and trekking, has presented a new logo, emphasizing “the union between the quest for technical innovation that has always characterized the ...
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News briefsSalomon Germany with new Athletes & Community Manager Trailrunning
Source: Salomon Theresa Streck, new Athletes & Community Manager Trailrunning at Salomon Germany Theresa Streck started her new role as Athletes & Community Manager Trailrunning at Salomon Germany on May 1, 2023 with her support at the Golden Trail National Series. Her main tasks are the management ...
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ArticleDynafit to open new headquarters in Kufstein in December
In the Bavarian town of Kiefersfelden on the border with Austria, the Dynafit brand is building its new headquarters, the Dynafit Speed Factory, as reported last year. The futuristic building made of steel and glass will not only be the location for around one hundred employees from December 2023 but ...
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News briefsFrench event Sport for Future draws attention to the melting of glaciers
The second edition of Sport for Future is scheduled to take place in Chamonix, in the French Alps, on Aug. 1-3. Sport for Future aims to raise awareness among sportspeople of how climate change is affecting glaciers. The event is organized by Riding to Explore, a project launched by elite ...
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ArticleOutdoor sales down slightly in the U.S.
Overall sales in the outdoor industry were down by 1 percent in dollars and 4 percent in units over the year from May 2022 to April 2023. Industry volume amounted to $28 billion, or 24.4 percent more than the annual figure for calendar 2019. So reported analytic firm Circana’s executive ...
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News briefsSalomon to use a mobile wallet marketing strategy
Salomon has a new partner to build on its digital marketing solution. The French sporting brand will now use Captain Wallet by Brevo for mobile wallet marketing. The technology makes it possible to dematerialize marketing content (i.e., convert a paper document into a digital one) in Apple and Google wallets ...
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News briefsThe figures of the 2023 ORBDays
The 9th edition of Outdoor & Running Business Days (ORBDays), which took place in Italy’s Riva del Garda on July 9-10, 2023, hosted 1,200 retailers and showcased the products of 115 exhibitors and 220 brands. The trade event attracted more than 2,800 visitors. ORBDays, organized by Sport Press Srl SB, ...
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Article100 years of Lowa: Another record year and the search for new target groups
With the company now being in its 100th year, we talk to Lowa CEO Alexander Nicolai about expanding capacity, new segments and sustainability strategies.
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News briefsVibram and Nike release new running shoe
For the first time, Nike has partnered with Vibram to bring trail runners a new shoe. Developed in partnership with athletes including Tyler Green to give a fast, sleek and grippy trail running experience, the Nike Ultrafly Trail combines the brand’s cutting-edge technology with Vibram’s renowned innovations. Source: ...
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News briefsThe latest North Face campaign uses ChatGPT
The North Face has launched a new campaign aimed at reigniting the spirit of outdoor exploration, “TNF10000 Reasons to Get Back to Trail.” In an interesting twist the campaign has leveraged ChatGPT to generate 10,000 reasons to hit the trail. The campaign, in conjunction with the agency Fred & Farid ...
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News briefsOutdoor Research's next collection virtually PFAS free
PFAS have been almost completely phased out in Outdoor Research’s (OR) Spring 2024 collection. The Seattle-based manufacturer of outdoor apparel and gear says products in the new line are driven by sustainability, technology and inclusivity. OR’s goal of removing intentionally added PFAS will be virtually complete in the forthcoming ...
