All Outdoor Industry Compass articles in Volume 10, Issue 17&18
View all stories from this issue.
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Article
Outdoor participation on the rise in the U.S.
Nearly half of the U.S. population participated in an outdoor activity at least once in 2016. According to the latest Outdoor Recreation Participation Report by The Outdoor Foundation, released on Aug. 7, the participation rate was 48.8 percent, up from 48.4 percent in 2015. That means an addition of around ...
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Article
Mammut’s strategic plan is well underway
The Mammut Sports Group suffered an operating loss of 9.9 million Swiss francs (€8.7m-$10.4m) on a sales decline of 6.2 percent to CHF 95.1 million for the first half of this year, due to the increased costs incurred for the implementation of a five-year strategic plan started last year. Conzzeta, ...
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Article
Strong progress for Lenzing
Lenzing has posted its best half-year results with sales up by 11 percent to €1.15 billion in the first six months of 2017 ending in June. Profits for the Austrian-based maker of botanic cellulose fibers rose to €150.3 million, a jump of almost 60 percent over the same period in ...
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Article
New Wave keeps growing
The New Wave Group, the Swedish company behind Craft, posted a 12th consecutive quarter of growth, with sales for the three months ended June 30, 2017 jumping by 9 percent to 1,372 million Swedish kronor (€143.8m-$169.1m), or by 5 percent excluding currency fluctuations. Operating profit rose by 10.0 percent over ...
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Article
Good growth for Peak Performance
Peak Performance raised its revenues by 11.9 percent in constant currencies during the fourth quarter of IC Group's financial year, ended June 30, leading to growth of 10.0 percent on a reported basis to 121 million Danish kroner (€16.3m-$19.4m) for the period. The brand generated an operating loss in the ...
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Article
Globetrotter reinforces management
Globetrotter hired the former manager in charge of operations at Foot Locker Europe in Germany, Johannes Jurecka, to become the German outdoor retailer's chief operating officer from the start of July. Another executive appointment is Matthias Schwarte, who joined from the start of September to become Globetrotter's marketing director. Taking ...
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News briefs
Hoka One One is going to replace Tecnica as footwear...
Hoka One One is going to replace Tecnica as footwear sponsor of the legendary Tor des Géants, which will start in Courmayeur on Sept. 10 and run through 17, joining Ferrino, Garmin, GoPro, Montane and other brands. Regarded by some as the toughest ultratrail race on earth, it covers 330 ...
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News briefs
Garmont International has opened its first flagship store. Locatated on...
Garmont International has opened its first flagship store. Locatated on via Vicenza at Vedelago, about 200 meters off from its head office, it features a digital space where consumers orders can be placed for products that are not available in the store. A full-fledged web store will be opened soon. ...
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Article
GoPro sees the light at the end of the tunnel
GoPro's shares jumped by 21.3 percent after the company announced that it expects fewer losses for the third quarter, following better-than-expected results for the second quarter. It also revealed that it is on track to launch the latest version of its flagship camera for the holiday season. The company's battered ...
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Article
Vista reassigns distribution roles
Vista Outdoor is restructuring international sales operations for its growing stable of sports and outdoor brands to make them more efficient and profitable and to adapt them to the changing structure of the market at retail and wholesale. Andrew Shand, the former vice president of international sales at Camelbak, will ...
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Article
Explosive growth for Dachstein
Dachstein is still a small player in the global rugged outdoor footwear market, with a strong focus on the domestic Austrian market, but it is developing strongly internationally and its annual sales have shot up from €700,000 to €7 million in the last four years under a new management. Interesting ...
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News briefs
The North Face, a division of VF Corp., has launched...
The North Face, a division of VF Corp., has launched “Walls Are Meant For Climbing,” a new global brand campaign that aims at making the sport of climbing accessible to all. The campaign pushes inclusion and invites people to focus on the fact that walls are not meant to divide ...
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News briefs
The European Outdoor Group (EOG) has launched a photo contest...
The European Outdoor Group (EOG) has launched a photo contest ahead of the 2017 edition of the European Week of Sport, on Sept. 23-30. The organization is looking for the best outdoor pictures, under the slogan “It's great out there,” and is making available 18 equipment kits for the winners. ...
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News briefs
Polygiene, the Swedish company that provides odor treatment for sports,...
Polygiene, the Swedish company that provides odor treatment for sports, outdoor and other products, has upped its target for the period from 2017 to 2022, aiming to reach sales of more than 400 million Swedish kronor (€41.9m-$50.6m) through organic growth, and an operating margin (Ebit) of more than 20 percent ...
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News briefs
Patagonia has released a TV commercial to support the protection...
Patagonia has released a TV commercial to support the protection of public lands in the U.S., the first TV ad since the founding of the company in 1972. The ad shows stunning landscape shots of national parks while Yvon Chouinard, Patagonia's founder, explains why the conservation of public lands is ...
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News briefs
CMD Sport reports that the owners of a fast-growing climbing...
CMD Sport reports that the owners of a fast-growing climbing hall in Málaga intend to develop their business through more openings and franchising around Spain. The climbing hall was established about three years ago by the Spanish climber Bernabé Fernández, with his friend Antonio Gámez, another climber and businessman. The ...
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News briefs
Isbjörn of Sweden, which makes outdoor clothing for children, has...
Isbjörn of Sweden, which makes outdoor clothing for children, has plans to grow in Norway. The brand, which has been selling its products in the country primarily through children s shops, has reached an agreement with Gresvig, the big retailer that franchises the Intersport and G-Sport banners. Reportedly, the company ...
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Article
New management changes at Columbia
Columbia Sportswear has appointed Russ Hopcus to be the new president for its Prana brand. The group also reported the departure of Stuart Redsun, senior vice president and chief marketing officer of the group, and said that Joe Boyle, president of the Columbia brand, will also take care marketing for ...
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Article
Vaude expands its sustainable supply chain initiative
Vaude has announced plans to extend its initiative “Environmental Stewardship in the Supply Chain” to all its textile suppliers. The pilot project, which was partially funded with grants, has just completed a two-year phase with positive results, the company said. The project was launched in 2015 to train Asian suppliers ...
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Article
Stuttgart is a new candidate for the OutDoor show
The European Outdoor Group says it is making good progress with its Vision 2020 project, which is intended to establish a longer-term future for its OutDoor fair as Europe's premier outdoor trade show. As previously reported, the EOG has conducted an extensive survey to establish the foundations for a more ...