All Outdoor Industry Compass articles in Volume 11, Issue 3-4
View all stories from this issue.
-
Article
Thule is upbeat
Posting strong revenues for 2017, the Thule Group said it had a “fantastic” year as it managed to broaden its product offering for future growth, especially in the Packs, Bags Luggage category. The management added that it is looking forward to an “exciting” 2018, and is currently ramping ...
-
Article
Peak Performance raises profit margins
Peak Performance is continuing to reap the benefits of the changes implemented in the last three years, with a sales jump of 17.2 percent to 313 million Danish kroner (€42.1m-$51.6m) for the three months until the end of December, and a 24.5 percent rise in operating profit to DKK 61 ...
-
Article
Lower sales and profits at Vista Outdoor
Vista Outdoor reported a drop of 11 percent in the total turnover to $581 million for the third quarter of its financial year ended Dec. 31. It was due essentially to deeper discounting of accessories because of market pressures in a continuously challenging retail environment in the U.S., which also ...
-
News briefs
At this year's Ispo show in Munich, the Scandinavian Outdoor...
At this year's Ispo show in Munich, the Scandinavian Outdoor Group named Fjällräven as the overall winner of the SOG awards for the autumn/winter 2018/19 season for its Lappland Hike 15 backpack. Fjällräven also won the SOG award in the apparel category for its Keb Touring trousers. The SOG sustainability ...
-
News briefs
Günther Herrmann is the new sales and marketing manager of...
Günther Herrmann is the new sales and marketing manager of Schöffel, replacing Andreas Schupp. The 45-year-old was previously in charge of sports at the European level for Marchon Eyewear, which sells brands like Dragon and Nike.
-
News briefs
Polartec is introducing Power Fill, a warm, light fill insulation...
Polartec is introducing Power Fill, a warm, light fill insulation that is said to be more compressible than standard fills. Adopted by Millet in a new mid-layer Elevation hoodie and jacket, it uses Polartec's exclusive melting process to create a district geometric pattern from a matrix of hollow polyester.
-
Article
The Otto family takes over Sympatex
Members of the family that own the big German Otto Group have acquired all the shares of Sympatex Technologies, following a financial reorganization of this well-known developer of functional materials. According to Sympatex, there will be no structural changes or staff restructuring initiatives and Sympatex will still operate as an ...
-
Article
Germany is in focus for The North Face
The North Face is aiming to significantly increase its market share in Germany, after several management changes, increased retail investments and a pick-up in consumer interest that transpired with a jump of 27 percent in the outdoor brand's own online sales in the country last year. The sustained growth of ...
-
News briefs
Ferrino is sponsoring a Polish expedition, headed up by Krzysztof...
Ferrino is sponsoring a Polish expedition, headed up by Krzysztof Wielicki, which is attempting to reach the summit of the K2 for the first time during the winter season. In 1980, Wielicki and a colleague were the first athletes who were able to reach the summit of the Everest in ...
-
News briefs
In a preliminary statement, Wolverine Worldwide said it expects to...
In a preliminary statement, Wolverine Worldwide said it expects to achieve this year its target of a 12 percent adjusted operating margin on a 6 percent increase in underlying revenues, in spite of significant incremental investments of more than $40 million to drive future growth. Its international business is expected ...
-
Article
The outdoor market is improving in Europe
The European outdoor market is getting better, as already indicated in our previous issue by the renewed confidence expressed by financial analysts in the publicly listed companies in our sector. A survey of 50 members of the European Outdoor Group (EOG), presented during the Ispo Munich trade show at the ...
-
Article
Patagonia gains traction in Europe
Despite some downsizing in its regional distribution, Patagonia managed robust double-digit growth in its European business in 2017. It regional sales have more than doubled in the last three years to reach nearly €100 million, and 2018 has started off with a favorable trend. Patagonia achieved some of the strongest ...
-
News briefs
The European Parliament has endorsed the reforms to geo-blocking that...
The European Parliament has endorsed the reforms to geo-blocking that were agreed last year between the European Commission, the European Council and the European Parliament. Negotiators had agreed to put an end to unjustified geo-blocking, meaning that consumers should be allowed to purchase more products and services online from websites ...
-
News briefs
Devold of Norway, the Norwegian wool specialist, launched a new...
Devold of Norway, the Norwegian wool specialist, launched a new collection under its “Sheep to Shop “ program at this year's Ispo show in Munich. The organic wool for the brand's new “dual active” collection for autumn/winter 2018/19 is sourced from Argentina. The first products in the line were already ...
-
News briefs
The new Outdoor Retailer + Snow Show in Denver was...
The new Outdoor Retailer + Snow Show in Denver was described as a success because of the venue and the complementarity of the two segments. Hosting more than 1,000 brands, it drew more than 29,000 visitors including 7,500 “verified” retail buyers from 60 countries. That was more than the sum ...
-
Article
Deckers’ results exceed guidance
Deckers is continuing its recovery, exceeding its projections for the second consecutive quarter, after a period of mixed results in the past few years. Its better-than-expected performance in its third quarter, ended Dec. 31, led the company to raise its full-year outlook by approximately $500 million. It now expects sales ...
-
Article
TNF continues to thrive in Europe
The North Face finished the year with a whopping rise in European demand, as its sales soared by 38 percent in Europe, the Middle East and Africa (EMEA), amounting to a jump of 32 percent in constant currencies. The outdoor brand's European sales have been growing at a double-digit rate ...
-
Article
Moncler's new strategy targets fickle consumers
Moncler has announced a new and speedier strategy dubbed Moncler Genius, which will see the brand s collections follow the pace of younger and more fickle consumers. The brand will now collaborate with eight new guest designers on monthly collections, for men and women, of its jackets, knitwear and accessories. ...
-
Short stops
Mammut has launched a new transactional website for consumers in...
Mammut has launched a new transactional website for consumers in the U.K.
-
News briefs
Megasport, a Spanish distribution company selling a raft of sports...
Megasport, a Spanish distribution company selling a raft of sports and outdoor brands, has added Black Diamond to its portfolio. The outdoor brand's distribution switched to Megasport starting from the sell-in of this year's winter range in Spain, Andorra and Portugal. Megasport has reportedly opened a permanent showroom for ...
