All Outdoor Industry Compass articles in Volume 12, Issue 15-16 – Page 4

  • Short stops

    Milliken & Co. has appointed Chad McAllister as president of...

    2019-08-16T00:00:00Z

    Milliken & Co. has appointed Chad McAllister as president of its Performance & Protective Textiles division, which includes the Polartec brand

  • News briefs

    Yeti, the big American supplier of coolers and drinkware, has...

    2019-08-16T00:00:00Z

    Yeti, the big American supplier of coolers and drinkware, has opened a third-party distribution center in the Netherlands and launched its first European e-commerce site. The international market made only 4 percent of its total revenues in the first quarter of this year. In the second quarter, its revenues rose ...

  • News briefs

    Amer Sports has announced that its half-year financial results will...

    2019-08-16T00:00:00Z

    Amer Sports has announced that its half-year financial results will be released on Sept. 30. The publication date had originally been scheduled for July 25. The change follows the recent change in ownership of the company. Amer Sports was acquired by a consortium led by Anta Sports earlier this year.

  • Short stops

    Amer Sports is applying for de-listing from the Nasdaq Helsinki...

    2019-08-16T00:00:00Z

    Amer Sports is applying for de-listing from the Nasdaq Helsinki stock exchange as soon as possible after the termination of the share redemption process being conducted by the Mascot Bidco consortium

  • News briefs

    If all goes well, Sharma Climbing will be opening a...

    2019-08-16T00:00:00Z

    If all goes well, Sharma Climbing will be opening a new climbing gym in Madrid late in the autumn. This will be the young company's second gym, after the one in Barcelona. At 4,000 square meters, it will be the largest climbing gym in Spain. Its three floors will accommodate ...

  • News briefs

    Ortlieb won a lawsuit in a German Federal Court against Amazon...

    2019-08-16T00:00:00Z

    Ortlieb won a lawsuit in a German Federal Court against Amazon on July 25. The German company wants to prevent the appearance of ads with the Ortlieb brand name on Google, which are linked to offers on the Amazon homepage. The issue is that, when searching a term with Ortlieb in ...

  • News briefs

    After a brief truce in the dispute between the U.S....

    2019-08-16T00:00:00Z

    After a brief truce in the dispute between the U.S. and Chinese government, President Donald Trump announced today that the U.S. will impose extra duties of 10 percent on $300 billion worth of annual imports from China as of Sept. 1. The list of the affected products has not yet ...

  • Article

    VF raises its guidance after a good quarter

    2019-08-16T00:00:00Z

    Thanks to a better-than-expected performance posted by Vans and The North Face, VF saw its reported revenues improve by 6 percent to $2,271 million for the fiscal first quarter ended on June 30. Adjusted to exclude the spin-off of its lower-margin Kontoor jeans business, the acquisition of Altra and Icebreaker, ...

  • Short stops

    Nigeria has joined the International Cotton Advisory Committee (ICAC), thereby...

    2019-08-16T00:00:00Z

    Nigeria has joined the International Cotton Advisory Committee (ICAC), thereby becoming the 29th member of the organization, and the 11th from Africa

  • Short stops

    Indorama has announced that it will acquire Huntsman's integrated...

    2019-08-16T00:00:00Z

    Indorama has announced that it will acquire Huntsman's integrated oxides and derivative businesses for around $2 billion, making it the group's largest acquisition

  • News briefs

    Buff, the Spanish-based specialist in neck and head accessories, is...

    2019-08-16T00:00:00Z

    Buff, the Spanish-based specialist in neck and head accessories, is launching a new line of products designed for the Camino de Santiago, known in English as the Way of St. James, the network of ancient pilgrim routes stretching across Europe and leading to the tomb of St. James (Santiago in ...

  • News briefs

    Reporting a 95 percent year-on-year increase in the sell-in of...

    2019-08-16T00:00:00Z

    Reporting a 95 percent year-on-year increase in the sell-in of its new line of graphene shoes in the first half of 2019, Inov-8 announced on Aug. 15 the release on its website and at selected retailers of the Trailroc G 280, its first trail running shoe incorporating the technology. Besides ...

  • News briefs

    In a trading statement on Aug. 7, Lenzing, the Austrian producer...

    2019-08-16T00:00:00Z

    In a trading statement on Aug. 7, Lenzing, the Austrian producer of cellulosic fibers, reported group revenues of €1.09 billion, a rise of 1.3 percent from last year's comparable period. The company attributed this to favorable currency effects and the optimization of its product mix, as well as to higher prices ...

  • News briefs

    On Aug. 27, Matt Hickman will become the new global marketing...

    2019-08-16T00:00:00Z

    On Aug. 27, Matt Hickman will become the new global marketing manager at Montane, with oversight of marketing strategy and e-commerce at the U.K.-based brand of outdoor apparel and gear. According to Jake Doxat, managing director, he will also be joining Montane's management committee. For the past three years, Hickman has ...

  • Short stops

    The 2019 European Textile Polyester Summit, organized by ACI Europe...

    2019-08-16T00:00:00Z

    The 2019 European Textile Polyester Summit, organized by ACI Europe and sponsored by Hohenstein and Oerlikon, among others, will be in Amsterdam, on Oct. 23-24

  • Article

    Record Q2 results for Columbia

    2019-08-16T00:00:00Z

    Columbia Sportswear's net income rocketed by 137 percent to $23.0 million in the seasonally small second quarter ended June 30. One of the drivers was an exceptionally strong counter-seasonal business with Columbia's line of performance fishing gear, PFG, which is approaching an annual turnover of $200 million.The group's quarterly revenues ...

  • Article

    Wolverine banks on H2

    2019-08-16T00:00:00Z

    Wolverine Worldwide posted lower-than-expected sales in the second quarter ended on June 29, but its profitability slightly exceeded forecasts. The management largely confirmed its previous projections for the full financial year, predicting a strong second half, with a 5.5 percent currency-neutral increase driven by gains of nearly 10 percent for ...

  • Article

    Deckers narrows loss, sales up by 10%

    2019-08-16T00:00:00Z

    Deckers Brands, the parent of Ugg and other footwear brands including the rapidly expanding Hoka One One, managed to reduce its net losses significantly in its first fiscal quarter ended June 30, down to $19.3 million, as compared to $30.4 million for the year-ago quarter. Revenues climbed by 10.5 percent ...