All Outdoor Industry Compass articles in Volume 10, Issue 8-9 – Page 2
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Article
Columbia is pushed up by international sales
Due to the unstable situation in the U.S. retail market, Columbia Sportswear has slightly downgraded its guidance for the full year. It predicts that sales will gain 3 percent, compared with an earlier forecast of 4 percent, with a lower U.S. wholesale turnover and 1 point of currency headwinds. The ...
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News briefs
Vivobarefoot is launching a new shoe collection in partnership with...
Vivobarefoot is launching a new shoe collection in partnership with Betabrand, the crowdfunding clothing platform based in San Francisco. Betabrand offers both well-known and small designers a community for the development of their brand. Designs are shared daily on the platform, so that consumers can vote and help fund the ...
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News briefs
Schoeller and Textilcolor have collaborated on the development of Ecodye,...
Schoeller and Textilcolor have collaborated on the development of Ecodye, a new eco-friendly technology that is said to accelerate the dyeing process for textiles. The new concept, which is used in particular in polyester dyeing processes, is expected to cut costs while helping to save the environment thanks to a ...
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Short stops
Helly Hansen will be the new official technical clothing partner...
Helly Hansen will be the new official technical clothing partner for this year's European Tour of the Melges World League, a sailing race that will start with a session off the coast of Tuscany on May 12-14
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News briefs
Ueli Steck, the legendary Swiss climber, died near Mount Everest...
Ueli Steck, the legendary Swiss climber, died near Mount Everest on April 30. He was 40 years old. He slipped from a slope and fell into a crevasse at an altitude of around 6,600 meters on the nearby Mount Nuptse, according to the organizers of his latest solo expedition, as ...
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News briefs
With Martin Schneider set to retire as chief information officer...
With Martin Schneider set to retire as chief information officer of VF Corp. at the end of this year, the group has designated Sandra Harris, currently vice president of global business technology, to take over his place next Jan. 1. She has been with VF for the last eight years, ...
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Article
Change in CEO at Icebreaker
Greg Smith, who is heading up Icebreaker in Australia and New Zealand, is taking over as chief executive of the merino outdoor apparel specialist from the start of June. He will succeed Rob Fyfe, who owns a minority stake of 5 percent in the company and held the job for ...
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News briefs
Camelbak has signed a multi-year partnership as supplier of hydration...
Camelbak has signed a multi-year partnership as supplier of hydration products to the Ultra Race of Champions (UROC), starting next month. Created by Bad to the Bone Sports, the UROC race is aiming to become a sort of Super Bowl for ultra-distance runners in the U.S., while remaining open to ...
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News briefs
Skechers USA has launched a women's sneakers line called “You...
Skechers USA has launched a women's sneakers line called “You by Skechers,” an athleisure collection which combines the technologies from the brand's performance shoes with the lifestyle needs of modern young women. To promote the collection, Skechers has partnered with Koya Webb, a fitness model and vegan advocate; Sophie Jaffe, ...
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Article
Sports Direct buys U.S. outdoor retailer
Sports Direct International (SDI), the large-scale European retailer that owns Field & Trek along with the Karrimor and Gelert brands, has obtained court approval to take over assets of Eastern Outfitters, a U.S. outdoor and sports retailer that filed for Chapter 11 bankruptcy protection. The U.S. retailer previously had 86 ...
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Article
Fenix buys South Korean distributor
Fenix Outdoor International, the company that owns three leading European outdoor retailers along with Fjällräven and several other outdoor brands, has agreed to take a stake of 75 percent in Alpen International, its distributor in South Korea.Fenix says the takeover will be made through a share issue, which is meant ...
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Article
JD’s outdoor business turns profitable
The outdoor division of JD Sports Fashion, comprising Blacks, Millets, Tiso and other outdoor retail operations in the U.K., became profitable in the full year to Jan. 28. While its turnover climbed by 27.6 percent to £198.1 million (€233.7m-$248.1m), the division reported an operating profit before exceptional items of £1.1 ...
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News briefs
Lifestraw, the Swiss-based brand of water filtration products, has hired...
Lifestraw, the Swiss-based brand of water filtration products, has hired Matt DeWitte as head of marketing, based in the Washington, D.C. area. He worked most recently as vice president of marketing for Boxed Water is Better. He was previously involved in U.S. and international marketing for consumer brands such as ...
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News briefs
Gore has unveiled Fabian Cancellara as a new global brand...
Gore has unveiled Fabian Cancellara as a new global brand ambassador for the Gore Bike Wear brand. The former Swiss ex-cyclist and Olympic champion is one of the most successful cyclists of all times, with victories in cycling classics such as the Tour of Flanders and Paris-Roubaix, along with four ...
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Short stops
Rudy Project, the Italian brand of sunglasses, says it is...
Rudy Project, the Italian brand of sunglasses, says it is supporting a Hungarian expedition, led by Dávid Klein and Szilárd Suhajda, who are trying to climb up the Everest without oxygen tanks
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News briefs
Vaude has set up collection boxes for used clothes in...
Vaude has set up collection boxes for used clothes in its 15 franchised stores. The clothes will be handed over to people in need. The accompanying flyer tells the customer what will happen with his or her donation. Garments from any brand can be deposited in the boxes. The store ...
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Article
Tecnica is due to get a new financial boost
Confirming press reports, the Tecnica Group says that an Italian investment fund, Italmobiliare, is in due diligence proceedings for the acquisition of a minority stake in the company. The transaction should be closed in the summer. The Zanatta family will remain in control of the group, whose brands include Blizzard, ...
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Article
Bogs weighs down on Weyco's results
Weyco Group posted another disappointing quarter, as sales of its Bogs brand of boots continued to decline. Bogs' sales went down by 21.0 percent, reflecting the continued softness in the outdoor and better footwear channels.Weyco said the brand's sales were impacted by unseasonably warm weather and a lack of precipitation. ...
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Article
Blackstone reportedly handing over Jack Wolfskin to lenders
Blackstone, the private equity firm that purchased Jack Wolfskin in a leveraged buy-out of an estimated €650 million in 2011, has reportedly agreed in principle to hand over control of the German outdoor brand to a group of lenders in a debt for equity swap.As previously reported, Blackstone has been ...
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Article
Good first quarter for Black Diamond
The new year started well for Black Diamond. Sales were up by 9 percent in dollars and local currencies for the first quarter, reaching a level of $41.6 million, with growth in each of the company's main product categories: climb, mountain and ski. Strong sales were recorded for carabiners, protection, ...
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