All Outdoor Industry Compass articles in Volume 10, Issue 15-16 – Page 4
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News briefs
The Swiss Katadyn Group has announced that it will acquire...
The Swiss Katadyn Group has announced that it will acquire Hydro-Photon, the manufacturer of Steripen, described as the world's leading ultraviolet, handheld water purifier. The takeover is expected to be completed by the end of 2017 and will see the marketing and distribution operations of Steripen move to Katadyn's North ...
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News briefs
According to a report in SAZ, the European Outdoor Group...
According to a report in SAZ, the European Outdoor Group (EOS) has officially notified Messe Friedrichshafen that it is cancelling its contract with it for the organization of the European OutDoor show. Without confirming the report, the EOG says it will now be able to make the decision about the ...
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Short stops
Vista Outdoor is laying off 57 employees following a steep...
Vista Outdoor is laying off 57 employees following a steep decline in sales of ammunitions in the U.S.
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News briefs
Aquafil is to merge with Space3, an asset management firm,...
Aquafil is to merge with Space3, an asset management firm, and plans to list on the Italian stock exchange this autumn. Aquafil specializes in the production of synthetic fibers used in the textile, flooring, and clothing industries. The company is also known for its Econyl Regeneration System, an industrial system ...
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Short stops
Arc'teryx has opened a 3,300-square-foot store in the La Brea...
Arc'teryx has opened a 3,300-square-foot store in the La Brea district of Los Angeles
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Article
Thule grows fast, reaching a 24% Ebit margin
The Thule Group reported a 13.3 percent increase in sales to 1,955 million Swedish kronor (€205.0m-$241.0m) for the second quarter ended June 30, up by 6.8 percent organically and by 8.6 percent in local currencies. As the first quarter had been very strong, too, the overall growth for the first ...
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News briefs
The Challenge Project 2017 is the first project to be...
The Challenge Project 2017 is the first project to be awarded a grant from It's Great Out There, the coalition of outdoor-related companies that aims to inspire and enable people to participate in outdoor activities. The Challenge Project 2017 is organized by Friedrich Junge School in partnership with Primaloft, a ...
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News briefs
La Sportiva is the new technical partner of the 20km...
La Sportiva is the new technical partner of the 20km version – “The Original” - of the Fisherman's Friend StrongmanRun in Italy, an obstacle race organized by RCS Sport – RCS Active Team. The upcoming edition of the race, its sixth in Italy, will take place in Rovereto on September ...
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Article
The global outdoor shoe market grew by 2.9%
The global revenues from branded outdoor shoes by major vendors grew by 2.9 percent to $4.71 billion in 2016, according to an annual survey by The Outdoor Industry Compass, with increases of 2.4 percent in the U.S. and 3.5 percent in the rest of the world.The branded rugged outdoor footwear ...
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News briefs
TomTom has written down the entire goodwill of €169 million...
TomTom has written down the entire goodwill of €169 million of its Consumer segment as it reviews strategic options for its sports business, including its possible disposal. The segment's turnover fell by 20 percent to €126.3 million in the second quarter of this year.
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News briefs
Helen of Troy has reported a sales increase of 16.3...
Helen of Troy has reported a sales increase of 16.3 percent to $98.4 million for its Housewares segment in the first quarter ended May 31. The segment's organic growth of 9.7 percent was led by the Hydro Flask and OXO brands. The segment's operating margin of 18.4 percent was down ...
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Article
Pentland’s Ebit grows beyond 10%
The Pentland Group has reported a 21 percent increase in total revenues to £2.9 billion (€3.2bn-$3.8bn) in 2016, driven by the ongoing expansion of JD Sports Fashion, the U.K.-based sports, outdoor and fashion retailing group in which it has majority control.The group's operating profit jumped by 50 percent to £331 million ...
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News briefs
An estimated 3,000 attendees at the Outdoor Retailer Summer Market...
An estimated 3,000 attendees at the Outdoor Retailer Summer Market in Salt Lake City participated in a “This Land is Our Land” march to the capitol building of the state of Utah to protest against the state government's policy on public lands. Without giving any attendance numbers yet, the organizers ...
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News briefs
Patagonia is making a donation of $150,000 to Punta de...
Patagonia is making a donation of $150,000 to Punta de Lobos Por Siempre for an environmental project in Chile following the sale of the patented technology of the PSI (Personal Surf Inflation) vest. Punta de Lobos Por Siempre is an initiative led by Save the Waves and Ramón Navarro, a ...
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