All Outdoor Industry Compass articles in Volume 11, Issue 17-18 – Page 2
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News briefs
Burton and Nitro, two leading snowboarding companies, have joined...
Burton and Nitro, two leading snowboarding companies, have joined the European Outdoor Group (EOG), widening the remit of the organization. Burton and Nitro have both become full members, and Salomon is adding its snowboard business to its existing membership. The EOG said that this highlights the alignment and synergy ...
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News briefs
Cherokee Brands, the owner of the Hi-Tec Sports brand, has...
Cherokee Brands, the owner of the Hi-Tec Sports brand, has signed a new three-year financing agreement for $40 million with Gordon Brother Finance. Giving the company a much-needed cash infusion of $5.5 million, Cherokee has also increased the subordinated interest in its former credit facility by $2.0 million to $13.5 ...
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News briefs
Olivier Bonnet, general manager of Simond, died while climbing in...
Olivier Bonnet, general manager of Simond, died while climbing in the Mont-Blanc area in early August. He was near the Dent du Géant, which rises to an altitude of 4,103 meters, with a mountain guide. Bonnet reportedly died when a chunk of rock came off the mountain. Simond is the ...
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Short stops
Michael König, a former CEO of the China National Bluestar...
Michael König, a former CEO of the China National Bluestar Group who previously held senior roles at Bayer, will replace Werner Dubach as a director of Conzzeta, the parent company of Mammut, at its annual meeting next April 16
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Article
Black Diamond grows strongly
Reporting on a very strong second quarter, driven by a growing momentum for the Black Diamond Equipment brand, its parent company, Clarus Corporation, improved its guidance for the full financial year.Beating analysts' estimates, the group's revenues went up by 50 percent to $45.9 million during the period, to June 30, ...
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News briefs
Vivobarefoot is releasing the Primus Bio, a re-engineered version of...
Vivobarefoot is releasing the Primus Bio, a re-engineered version of its Primus Lite model featuring a sole made entirely from DuPont Tate & Lyle Bio Products' Susterra material. Susterra also forms 70 percent of the shoe's upper. Susterra is a petroleum-free product derived from the glucose from field corn. It ...
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News briefs
Willi Jungen, who has been the Swiss country manager...
Willi Jungen, who has been the Swiss country manager of Jack Wolfskin for 11 years, will become the chief executive of Snowlife, the Swiss producer of winter gloves, starting in September. He will take the place of Daniela Wenk, owner of the Swiss company, which is also the local ...
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News briefs
Columbia Sportswear's board of directors has authorized the company...
Columbia Sportswear's board of directors has authorized the company to spend an additional $200 million on the repurchase of its own shares. Since 2014, Columbia has purchased back 3.4 million shares at an average price of $56 per share, equivalent to $190.4 million. Since the beginning of this year, ...
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News briefs
Harald Ennen has been appointed as the new chief executive...
Harald Ennen has been appointed as the new chief executive at Outnorth, the Nordic online retailer specialized in outdoor products. He takes over from Lars Nykvist, who decided to stand down after eight years with Outnorth, the last four of them as chief executive. Ennen has a track record in ...
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News briefs
Jean-Marc Djian has been appointed as vice president of global...
Jean-Marc Djian has been appointed as vice president of global footwear at The North Face (TNF), after a similar assignment at the Amer Sports group, the Finnish owner of the Salomon and Arc'teryx brands. Djian reports directly to Arne Arens, TNF's global brand president. Djian was vice president of global ...
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Robert Schäli, the Swiss alpinist, is joining La Sportiva's team...
Robert Schäli, the Swiss alpinist, is joining La Sportiva's team of sponsored athletes by wearing its climbing boots and clothing
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Article
Allied Feather & Down issues market update
Allied Feather & Down recently released an updated market analysis in which it highlights the current trends in the market of feather and down materials. According to the report, the market, which has been rising steadily since September 2016, has gone up at an even faster rate more recently due ...
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News briefs
Thomas Aigner has been appointed as global marketing director for...
Thomas Aigner has been appointed as global marketing director for Salewa from the start of November. He will take over from Maurizio Priano, who has been in charge of the outdoor brand's marketing for five years and who left the company at the end of July. Aigner spent the last ...
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News briefs
Paddle Expo has agreed a partnership with Outdoor by Ispo...
Paddle Expo has agreed a partnership with Outdoor by Ispo to create a Paddlesport Village at the trade fair, starting from June 30 to July 3, 2019. Paddle Expo is a trade fair for kayaking, canoeing and stand-up paddling in Nuremberg, and the two parties formed a partnership ten years ...
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News briefs
Berghaus has started teasing a large-scale advertising campaign focusing on...
Berghaus has started teasing a large-scale advertising campaign focusing on the ways in which outdoor activities and the brand can help to deal with the chaos and pressures of contemporary life. The advertising campaign starting in September across print and digital media, radio and TV is part of a five-year ...
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Short stops
New Element Scandinavia, the Swedish distributor, has added Craghoppers and...
New Element Scandinavia, the Swedish distributor, has added Craghoppers and Care Plus to its portfolio of brands, which already includes Devold, 66 North and Skhoop
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Chris Adamek, who has been a management consultant more than...
Chris Adamek, who has been a management consultant more than 20 years for Columbia Sportswear and other companies, has been named vice president and chief of staff for the Columbia brand, reporting to Joe Boyle, executive vice president and brand president of Columbia
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Short stops
ACE Alpine & Climbing Equipment is taking over the distribution...
ACE Alpine & Climbing Equipment is taking over the distribution of Blue Ice in Switzerland
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Article
Canada Goose scores 58% revenue growth
Led by the direct-to-consumer channel, Canada Goose's revenues soared by 58.5 percent to 44.7 million Canadian dollars (€29.9m-$34.0m) for its fiscal first quarter ended June 30. The management mentioned “exceptional” levels of performance in its own stores for this off-peak period of the year.The wholesale revenues of the Canadian maker ...
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News briefs
The turnover of the Haglöfs brand moved up by 5.6...
The turnover of the Haglöfs brand moved up by 5.6 percent to the equivalent of 4,021 million Japanese yen (€31.0m-$36.2m) for the first six months of this year. This amounted to a rise of 4.1 percent in constant currencies, with steady sales of outdoor apparel. The Swedish outdoor brand ended with ...
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