All Outdoor Industry Compass articles in Volume 11, Issue 17-18
View all stories from this issue.
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News briefs
Sales remained stable at Oase Outdoors for the second quarter,...
Sales remained stable at Oase Outdoors for the second quarter, as the Danish camping equipment company made up for sluggishness in the U.K. market through increased sales in other markets. Its turnover reached 134 million Danish kroner (€18.0m-$21.0m) for the three months, up from DKK 132 million in the year-ago ...
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Article
Wolverine’s new plan is working out well
Wolverine Worldwide is again actively looking for additional brands to acquire, not only in the footwear sector, but also in apparel and leathergoods, with a preference for the women's segment, where it is relatively under-represented. The multiples requested by the sellers have increased, said Blake Krueger, chairman, chief executive and ...
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News briefs
Walmart is launching an online store for outdoor products on...
Walmart is launching an online store for outdoor products on its flagship site driven by Moosejaw, the specialist retailer it acquired for $51 million last year. This means that Moosejaw will sell an outdoor range on Walmart.com, as well as running its own store. Walmart said that much of the ...
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News briefs
Woolrich redesigned its Munich mono-brand store, in line with a...
Woolrich redesigned its Munich mono-brand store, in line with a corporate design that was developed for its European flagship store on the Corso Venezia in Milan. The theme of the new design, “American Soul,” is part of Woolrich s new international growth strategy. The design of the store was developed ...
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Article
Strategic investments pay off at Mammut
The strategic plan launched at Mammut Sports Group appears to start paying off as it sharply raised its sales and reduced its operating loss for the first six months of this year, pushed up by product launches and own retail sales. The sporting goods division of the Conzzeta group, which ...
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Article
GoPro sees profits on the horizon
GoPro reported a net loss of $37.3 million for the second quarter, up from $30.5 million in the same period of 2017, and the gross margin fell by 6.1 percentage points to 29.5 percent. However, the management said it expects to generate a profit in the second half of this ...
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Short stops
Polartec said it will show for the first time at...
Polartec said it will show for the first time at Première Vision, the big textile show in Paris, on Sept. 19-21, to make a statement in what it calls the “tech casual” segment
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News briefs
Haglöfs has obtained a “leader status” from the Fair Wear...
Haglöfs has obtained a “leader status” from the Fair Wear Foundation (FWF), rewarding its efforts in terms of social responsibility. The Swedish outdoor brand has been involved with FWF since 2012 and it remains the only Nordic outdoor brand in the association, although there are more outdoor brands from other ...
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Article
Macpac’s new owner expands store network
After its acquisition of Macpac for 144.0 million New Zealand dollars (€81.9m-$95.77m) in March, the outdoor retailing division of the Super Retail Group (SRG) in Australia raised its turnover by 4.8 percent to A$ 579.8 million (€363.2m-$423.4m) for the full year to the end of June, generating a 16.5 percent ...
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News briefs
Emerald Expositions, which are the organizers of the Outdoor Retailer...
Emerald Expositions, which are the organizers of the Outdoor Retailer exhibitions, have announced that the first Summer Market in Denver on July 23-26 attracted more than 26,000 visitors. The event took place for the first time in Colorado's largest city following its move from its long-term home in Salt Lake ...
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Article
Record sales and earnings for Johnson Outdoors
Thanks to strong sales of warm-weather outdoor recreation products, Johnson Outdoors posted record profits and sales for its third fiscal quarter ended June 29. In particular, the company said it recorded unprecedented growth in its flagship fishing brands, which it attributed to a focus on consumer-driven innovation. Total revenues jumped ...
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Article
Vista Outdoor will put down its guns
Vista Outdoor saw its stock market price surge by 15 percent as it indicated that it plans to sell its much-contested and loss-making Savage firearms operations, likely before the planned disposal of its sports protection brands - Bell, Giro and Blackburn. Some major North American outdoor retailers said a few ...
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Article
Vaude discusses it newest sustainability program
Vaude has released its annual sustainability report for 2017 online, highlighting in particular the company's recent launch of a Vendor Management program. This supplier management program is a comprehensive system used to guide and support the company's partners throughout the entire business relationship.The Vendor Management program was launched with a ...
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News briefs
Hubert Schöffel, a pioneer of the outdoor industry, died...
Hubert Schöffel, a pioneer of the outdoor industry, died at the age of 88 on Aug. 8. He played a major role at the German family-owned producer of outdoor and ski clothing, which recently celebrated 50 years in the outdoor sector. Hubert Schöffel ran the family business for three ...
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News briefs
Deuter Sport said it was updating its selective distribution policy,...
Deuter Sport said it was updating its selective distribution policy, after court decisions in the last years have somewhat clarified the legal framework. The German backpack specialist said it has applied selective distribution since 2013 and it has fundamentally not altered its approach. Deuter reiterates that it regards competent advice ...
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Article
De Waard rescued, Vrijbuiter uncertain
De Waard, the Dutch brand of sturdy family camping tents, was acquired by the Sunshine Group, shortly after it filed for insolvency earlier this month. De Waard previously belonged to Vrijbuiter, a Dutch group of four large-scale camping and outdoor stores which was declared bankrupt at the end of July ...
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Short stops
Mammut has signed a contract to be the official supplier...
Mammut has signed a contract to be the official supplier for the 400-odd mountain guides and the ski teachers in the Swiss mountain resort of Zermatt, starting with the winter 2019/20 season
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Article
Marmot outperforms Coleman
Newell Brands said it was encouraged by Marmot Mountain's performance during its second fiscal quarter, ended on June 30. However, weak sales at Coleman led its Home and Outdoor Living unit to post a 7 percent drop in sales to $742 million for the period, leading to a reduced operating ...
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News briefs
Nicolas Warchalowski is stepping down from his CEO position…
Nicolas Warchalowski is stepping down from his CEO position at Peak Performance after four years at the helm of the company. Under his management, the Swedish brand that belonged to the Danish IC Group underwent strategic changes that boosted its revenues and profit margins. As previously reported, Peak Performance was ...
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Article
VF will spin off its denim business
VF Corporation is preparing to split into two independently traded companies through the proposed spin-off of its jeans division to its own shareholders, forming a more focused outdoor, action sports and workwear business based in Colorado.The owner of Vans, The North Face, Timberland, Icebreaker and several other sports and outdoor ...
