All Urban Outdoor articles – Page 2
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News briefs
Peak Performance publishes 2023 sustainability report
Amer Sports brand Peak Performance has published its new Sustainability Performance 2023 report. It highlights key achievements, progress in key business areas and sustainability initiatives and performance. “Designing for circularity, longevity, and ethical production is key to our ESG goals and securing our brand’s enduring legacy for future generations of ...
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Article
Teva 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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Article
VF share plummets 11.7% after poor Q4 results, but beats full-year cash flow forecast
VF Corp. failed to exceed consensus estimates for quarterly sales and profit for a fourth consecutive quarter. The latest bad news for the parent of The North Face (TNF), Vans, Timberland and Dickies, among others, sent VF’s shares down 11.7 percent in after-market trading on May 22. The stock has ...
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News briefs
Keen’s Uneek celebrates 10 years with collab version made from 100% natural materials
Keen has collaborated with Skall, a sustainable fashion brand from Denmark, to launch a joint version of its signature hybrid sandal, the Uneek, which celebrates its 10th anniversary this year. Source: Keen Keen x Skall Uneek While the two founders (and sisters) of Skall grew up near ...
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News briefs
Pitti Uomo will host outdoor brands
At the summer edition of Pitti Uomo, the biannual men’s fashion show held since 1972, which will next take place from June 11 to 14 at the Fortezza da Basso in Florence, the “I Go Out” section will be dedicated to the passion for open spaces and outdoor sports. Pitti ...
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Article
Amer Sports’ Q1 revenue growth driven by Arc’teryx
Bolstered by constant-currency growth of 48 percent for its Technical Apparel segment, including the Arc’teryx business, Amer Sports delivered Q1 sales and profitability above guidance in Q1. Operating profit fell by 16 percent to $109.0 million from $130.4 million in the period ended March 31. Ebit tumbled by 67 percent ...
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Article
Patagonia: Free repairs at European climbing and bouldering spots
This spring, the Worn Wear Repair Team will be heading to climbing and bouldering spots in Europe as part of the Patagonia Worn Wear Climb Tour 2024. Source: Patagonia Patagonia Worn Wear’s custom-built repair vehicle The two custom-built repair vehicles, designed in-house to reach even the most ...
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Article
DTC drives Canada Goose
Canada Goose, which recently hired its first creative director to reshape its product portfolio and elevate its creative aesthetic, reported a 31 percent improvement in Q4 operating income to C$7.6 million (€5.1m) against a C$10.0 million loss in the year-ago period. Net income attributable to shareholders was C$5.0 million. Gross ...
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News briefs
Vasque builds European network
US footwear brand Vasque is working with its exclusive UK agent, Northcol, to establish a pan-European network of agents to represent the brand. Representatives have already been established in key countries such as France (ibrg-agency), Benelux (Van Lierop agencies), Italy (Box Agency) and Spain (Sworks). The brand intends to expand ...
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News briefs
Lowa’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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News briefs
New VP Brand for Sorel
Columbia Sportswear Company announced that Michael Minter has joined the company as Sorel’s Vice President, Brand, effective April 29, 2024. Minter has spent nearly 20 years in creative and marketing leadership roles for brands such as Sanuk, Billabong, Keen, DC and Reef. His work has ranged from award-winning advertising campaigns ...
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News briefs
Wolverine 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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News briefs
Moncler exhibits at Milano Centrale during Design Week
Italian luxury outdoor brand Moncler has announced an immersive exhibition titled “An Invitation to Dream” at Milano Centrale, Milan’s main railway station. The exhibition will run from April 15 to 21 during Milan Design Week. An Invitation To Dream is a project curated by Jefferson Hack, and filmed and ...
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Article
Polartec’s Eric Yung: Leading the charge in outdoor apparel innovation and sustainability
In this exclusive article, Polartec’s Eric Yung shares his journey within the company, his principles as a leader and his thoughts on the current strength and growth opportunities within the sporting and outdoor goods industries.
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News briefs
66° North appoints Strategy and Business Development Director
Source: 66° North Josefine Laigaard 66° North, the Iceland-based sustainable outerwear brand, has announced the appointment of Josefine Laigaard as Strategy and Business Development Director. She will work in the brand’s new satellite head office in Copenhagen and “will play an integral role” in the company’s expansion ...
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Article
Snow Peak’s lofty FY24 goals will be chased as private company
Snow Peak, the upscale Japanese camping business, which went public a decade ago, will reportedly go private through a management-led buyout with Bain Capital as a partner in a deal valued at approximately ¥50 billion (€310m). The pending transaction was first reported several weeks ago by multiple outlets, including Mergermarket ...
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Article
Arc’teryx helps Amer Sports grow sales in first quarter as public company
Thirty-four days after raising $1.365 billion in an NYSE IPO, Amer Sports conducted its first earnings call as a public company yesterday. While the Arc’teryx, Salomon and Peak Performance parent delivered Q4 revenues some $20 million above expectations, the quarterly loss was wider than expected. Amre’s shares finished the trading ...
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Opinion
An open letter from Mark Held on the future of outdoor trade shows
The European Outdoor Group (EOG) asked Mark Held, its co-founder and former President, for his take on the situation regarding trade shows as a whole. In response, Mark wrote an open letter to the industry from his own perspective.
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News briefs
Amer files registration statement with SEC for projected IPO
Finnish Amer Sports, Inc., which includes the Arc’teryx, Salomon, Wilson, Peak Performance and Atomic brands, among others, announced on Jan. 4, 2024, that it has filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission for a proposed initial public offering of its common stock. The ...
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News briefs
Thule’s SVP Corporate Communications is leaving the company
Fredrik Erlandsson has informed the Swedish Thule Group that he will be leaving his position as Senior Vice President Corporate Communications and Investor Relations to take over responsibility for corporate communications and investor relations at the Swedish energy technology company NIBE Industrier and become part of the Group’s Executive Board. ...