All Outdoor Industry Compass articles in Volume 11, Issue 13-14
View all stories from this issue.
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Article
Strong results for Pentland
Pentland Group has reported a 14 percent increase to £376 million (€424.2m-$493.4m) in its operating profit before amortization of intangibles and extraordinary items for the year ended Dec. 31. The net value of its assets went up by 22 percent to £1,276 million (€1,439.6m-$1,674.3m). Total group revenues rose by 25 ...
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Article
New owners for Nomad
The Nomad Company has been acquired by Nederlands Merkgoed Capital, an investment firm that intends to form a group of sports and outdoor brands. Nomad was divested by the Kooijmans family, which started the Dutch outdoor brand in 1978. Owned by three investors who held leading marketing functions at groups ...
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Article
Mountain Warehouse sells a minority stake
Inflexion Private Equity Partners has acquired a stake of 20 percent in Mountain Warehouse for about £45 million (€51m-$59m), which values the fast-growing British outdoor retailer at about £310 million (€350m-$410m). Mountain Warehouse will continue to be run by Mark Neale, its founder and majority shareholder. Established in 1997, the ...
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Article
Vaude outperforms the outdoor market
Vaude appears to show that investments in sustainability resonate with consumers, as the brand outperformed again last year with a sales increase of 6.3 percent to about €103 million. They jumped by another 7.3 percent in the five months to June, with a jump of nearly 20 percent in winter ...
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Short stops
Viking Nord Pool replaces Maqui as the Italian...
Viking Nord Pool replaces Maqui as the Italian distributor of Five Ten, the brand of climbing shoes owned by Adidas
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Article
Product innovation at the OutDoor show
A Nordic chain saw, a hybrid mat, two types of shoes and recycled Spandex were among the eleven products that received an OutDoor Gold Award for exceptional innovation in sustainability, design or functionality at the OutDoor show in Friedrichshafen last month. In total, the awards acknowledged 37 new and innovative ...
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Article
Walltopia reaches new heights
The decision made by the Walltopia Group last September to hike its product prices by 15 percent has had no discernable impact on the company's growth, the management says. The Bulgarian manufacturer of artificial climbing structures says it is still growing at a strong and steady pace, as it rides ...
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Article
Outdoor synergies in the Rossignol Group
Raidlight-Vertical, the French outdoor company that the Rossignol Group bought in 2016, launched a highly technical trail running shoe for the spring/summer 2019 season based on a cooperation with the Italian R D office of Lange in Montebelluna, one of the ski boot brands of the group. The new shoe, ...
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Article
A new Italian trade show on Lake Garda
Called Outdoor Business Days, the new Italian B2B show will be held in a brand-new 2,000-square-meter convention center at Riva del Garda on July 15 and 16, featuring more than 60 brands. Ispo has just agreed to act as a sponsor, while The North Face has taken on the role ...
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Article
Ispo outlines its new outdoor format
The new OutDoor by Ispo fair, which will be held for the first time in Munich from June 30 to July 3, 2019, will occupy nine halls on the east side of Messe München's fairgrounds. It will be divided into three sections for different types of exhibitors, and it will ...
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Article
Sea to Summit focuses on innovation
For Sea to Summit, the feisty Aussie makers of super-slim and lightweight hiking and camping gear, a focus on product innovation is paying dividends with the company reporting double-digit growth for the fifth year in succession. Without giving a specific figure for its turnover, the company's management told The Outdoor ...
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Article
Outdoor focus group rejects single-use plastic
Getting rid of single-use plastic in the outdoor industry is the target set by a group of European outdoor suppliers and retailers as a project intended to protect the environment, stay ahead of legislation and emphasize sustainability as an asset for outdoor companies. The participants have set a deadline in ...
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Article
Hydro Flask grows nicely
Strong growth by Hydro Flask in the U.S. and abroad helped its parent company, Helen of Troy, to book a sales increase of 18.9 percent to $117.3 million for its housewares segment in the first quarter of its new financial year, ended on May 31. The segment's adjusted operating margin ...
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News briefs
VF's The North Face and Vans have teamed up in...
VF's The North Face and Vans have teamed up in a new counterfeit lawsuit seeking more than $300 million in damages. According to reports in Fashion Network, the complaint was recently filed in Florida federal court. The lawsuit involves 831 websites that are allegedly selling fake Vans and TNF product ...
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News briefs
Mark Held, secretary general of the European Outdoor Group (EOG),...
Mark Held, secretary general of the European Outdoor Group (EOG), has agreed to stay on board until the end of June 2019. The EOG had announced at the OutDoor fair last year that Held intended to stand down, once a suitable replacement is found. This marked a major transition for ...
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News briefs
The Thule Group has entered into a new, more flexible...
The Thule Group has entered into a new, more flexible and more cost-efficient financing agreement that replaces the one it had contracted in connection with its public offering in November 2014. The new revolving credit facility of €300 million has a maturity of five years with an option for a ...
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Short stops
Skylotec is recalling samples of eight types of Skysafe, Rider...
Skylotec is recalling samples of eight types of Skysafe, Rider 3.0 and Skyrider carabiners to double-check their conformity with personal safety equipment standards
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Article
Desperation can drive inspiration
It's another way of saying that necessity is the mother of invention... Apparently, that was the case for Gleb Skorobogatov, who has been an extreme adventurer for more than 20 years, if his story is true, when he was stuck down in a cave with a knee injured from a ...
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Short stops
The Italian Outdoor Group has decided in principle to merge...
The Italian Outdoor Group has decided in principle to merge into Assosport, the Italian sporting goods industry association
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Short stops
Karen Reuther, who worked as global vice president of creative...
Karen Reuther, who worked as global vice president of creative at VF Corporation for 18 months up to last October, has been assigned to the position of global creative director at Reebok, replacing Thomas Steinbrück, who has left the company after less than 18 months
