All Outdoor Industry Compass articles in Volume 12, Issue 5-6 – Page 2
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Article
Wolverine partners with Xtep for China
Wolverine Worldwide and Xtep International, one of the major Chinese sporting goods companies, have announced agreements to set up a joint venture that will develop, market and distribute Merrell and Saucony footwear, apparel and accessories in China, Hong Kong and Macau. Some of the items will be exclusively designed and ...
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Article
Decathlon grows more slowly, changes policies
Admitting that it had made some mistakes, which are now being corrected, Decathlon announced a major slowdown in its growth at a press conference held in Lausanne last month, the first to have been held outside France. It also gave for the first time some data about its bottom line, ...
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Article
Lenzing’s sales and profit drop in a challenging market
Lenzing reported revenues of €2.18 billion for 2018, marking a 3.7 decline from the previous year. The challenging market environment for standard viscose, combined with less favorable exchange rates and a slight decline in sales volumes, were the key contributing factors, the company said. The net profit for the year ...
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News briefs
Naturkompaniet, the Swedish outdoor chain owned by Fenix Outdoor International,...
Naturkompaniet, the Swedish outdoor chain owned by Fenix Outdoor International, has signed an agreement to open a store of 324 square meters with a new concept in an attractive location in a popular shopping center outside Gothenburg. The store will open in June 2019. Today, there are 33 Naturkompaniet stores ...
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News briefs
Columbia inaugurated a new store in London's iconic Carnaby Street...
Columbia inaugurated a new store in London's iconic Carnaby Street on March 28 to sell a full collection of premium apparel, footwear and accessories. The 230-square-meter store will host a dedicated launch event on April 6, with more in-store events scheduled to take place throughout the summer.
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Article
The IWA trade show broadens its reach
The vast majority of European sports and outdoor retailers stay away from hunting or sports shooting, although some of them cover sports fishing, especially in the Scandinavian countries. On the other hand, hunting products are still regarded as part of the outdoor sector in the U.S. A similar trend is ...
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News briefs
Lifesaver, the British manufacturer of portable and reusable water filtration...
Lifesaver, the British manufacturer of portable and reusable water filtration systems, has announced the launch of a compact product for community and off-grid water purification. The new C1 is capable of producing nearly 500,000 liters of clean water while coming in a lightweight and portable package. The product measures around ...
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Article
Britain’s OIA is in good health
The Outdoor Industries Association (OIA) of the U.K. held its annual conference and general meeting on March 13-14 at Shrigley Hall in Cheshire. During the event, Robert Brigham was elected as the new chairman of the organization. For the past eight years, he has been the managing director of Ellis ...
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Article
Brexit is a major concern for the sector
The next days will be decisive for the future relations between the U.K. and the European Union. The picture is evolving rapidly, with the British Parliament scheduled to try to find a consenus tomorrow on the terms of the country's withdrawal before a new deadline of April 12 set by ...
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News briefs
Lowa, one of Tecnica Group's brands, is the new main...
Lowa, one of Tecnica Group's brands, is the new main sponsor of the International Four Day Marches Nijmegen (Nijmeegse Vierdaagse), the largest multiple-day marching event in the world. The race is organized every year in Nijmegen, Netherlands, in July. Participants, who come from all over the world, walk 30, 40 ...
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Short stops
Fjällräven, the outdoor brand in Fenix' portfolio, will open two...
Fjällräven, the outdoor brand in Fenix' portfolio, will open two shops in France, one in Lyon, the other in Paris
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News briefs
Buff, the Spanish brand of woolen headwear, sleeves, gloves and...
Buff, the Spanish brand of woolen headwear, sleeves, gloves and other warming accessories, has implemented a sustainability plan. The Protect More program, which itself exists within an umbrella program called Do More Now, aims to reduce the environmental effects of all the brand's production. Most of the R&D department's efforts ...
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Article
Newell’s boss is leaving
Michael Polk, the beleaguered president and chief executive of Newell Brands, will be retiring at the end of the second quarter. With an annual salary of more than $21 million, he has been running the company and the former Newell Rubbermaid since July 2011, masterminding the merger with the former ...
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Article
Surf and mountain sports boost Lafuma’s results
Groupe Lafuma's turnover improved by 5.8 percent to €169.8 million in 2018, with each division contributing to the growth. The group's operating income jumped by 12.5 percent to €7.1 million.The management noted that the last year was marked by increased political and economic instability, including the Brexit discussions and the ...
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Article
Bogs’ sales lift Weyco’s results
After posting lower sales in the third quarter, Bogs bounced back in the fourth quarter with sales jumping by 34 percent. The management said that some of this increase was driven by favorable weather, with early cold and snow this fall across a good part of the U.S. and Canada, ...
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Short stops
Edelrid has promoted Blair Williams, sales and marketing director of...
Edelrid has promoted Blair Williams, sales and marketing director of its North American subsidiary, to the rank of vice president
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Article
Improved results for Black Diamond’s parent
Once again beating analysts' forecasts, Clarus Corp. reported a 9 percent increase in revenues to $57.3 million for the fourth quarter of 2018, with no currency effects, accompanied by a 27 percent jump in adjusted net earnings to $5.9 million. The gross margin improved by three percentage points to 35.6 ...
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Article
Big jump in Yeti’s gross margin
While it has yet to make a dent in the yet unexploited European market, the American supplier of coolers and other outdoor equipment is recording stellar results after its listing on the stock exchange in the autumn of last year. Net income soared to $25.2 million in the fourth quarter ...
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News briefs
VF Corp. has named Luis Benitez vice president of governmental...
VF Corp. has named Luis Benitez vice president of governmental affairs and global impact, overseeing the VF Foundation and relations with the public sector and outdoor recreation interests. As former head of Colorado's Outdoor Recreation Industry Office, Benitez was instrumental in recruiting outdoor companies to set up offices in the ...
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Short stops
VF Corp. has been recognized for the third consecutive year...
VF Corp. has been recognized for the third consecutive year as one of the world's most “ethical” companies by the Ethisphere Institute
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