All Outdoor Industry Compass articles in Volume 12, Issue 9-10 – Page 4
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News briefs
Sierra Designs has promoted Andrew Day to vice president and...
Sierra Designs has promoted Andrew Day to vice president and general manager. He will be taking charge of the Colorado-based outdoor company's “Think Outside” campaign as well as its partnerships with retail groups, such Grassroots Outdoor Alliance. Day has been working in the outdoor sporting industry since 1995. He has ...
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News briefs
Canada Goose has promoted Ana Mihaljevic from senior vice president...
Canada Goose has promoted Ana Mihaljevic from senior vice president of planning and sales operations to chief commercial officer. She will oversee the company's global commercial business while continuing to take charge of sales planning and sales operations. She will be seeking to expand the wholesale channel, the direct-to-consumer (DTC) ...
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News briefs
Outdoor & Cycle Concepts (O&CC), the British outdoor retailing group...
Outdoor & Cycle Concepts (O&CC), the British outdoor retailing group operating under the Cotswold Outdoor, Runners Need, Cycle Surgery and Snow+Rock banners, announced that a majority of over 97 percent of its unsecured creditors approved the Company Voluntary Arrangements (CVA) that it had proposed at a meeting on May 13. ...
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Short stops
Norrøna opened its first American store in Boulder, Colorado, during...
Norrøna opened its first American store in Boulder, Colorado, during the past Memorial Day weekend
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News briefs
Fjällräven North America has expanded its management team by appointing...
Fjällräven North America has expanded its management team by appointing a Nike veteran, Jean-Marie Shields, as vice president of brand experience. Meanwhile, Nathan Dopp, who has been in charge of the Americas for the whole Fenix Outdoor group for the past three years, has been promoted to global vice president.
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News briefs
Arc'teryx, a brand of Amer Sports, is partnering with Leave...
Arc'teryx, a brand of Amer Sports, is partnering with Leave No Trace Center for Outdoor Ethics, an organization based in Boulder, Colorado, that helps protect the outdoors by teaching people to enjoy it responsibly. The partnership is carried on via Arc'teryx' “In My Backyard” grant program, which supports projects that ...
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News briefs
Masters has announced Yulia Baykova as a new brand ambassador....
Masters has announced Yulia Baykova as a new brand ambassador. The trail runner was born in Russia in 1983 but has been living in Italy for several years. She will be using Masters Trecime Carbon, a light and foldable pole specially designed for experts, and the Masters Phisyque 0.8, a ...
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News briefs
Tecnica and Fjallraven are joining the Grassroots Outdoor Alliance as...
Tecnica and Fjallraven are joining the Grassroots Outdoor Alliance as new national vendor partners. The Grassroots Outdoor Alliance is an organization dedicated to the promotion of the specialty outdoor retail industry in the U.S. Tecnica USA is headquartered in West Lebanon, New Hampshire, with parent company in Giavera del Montello, ...
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News briefs
Tretorn is developing its online business with the aim of...
Tretorn is developing its online business with the aim of boosting the proportion of online transactions with consumers and through retailers and internet marketplaces. The long-term goal is for online sales to account for 40 percent of total sales. To achieve it, a new team of three employees has been ...
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News briefs
Montura has signed an agreement with Jan Erik Narvestad to...
Montura has signed an agreement with Jan Erik Narvestad to represent the Italian brand in Norway and Sweden. Narvestad, who comes from Ultimate Nordic, has 38 years of experience in the sporting goods industry. He has been responsible for greatly developing the brands Alpina and Crispi in the Norwegian market.
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Article
GoPro improves outlook after strong quarter
Revenues for GoPro in the first quarter jumped by 20 percent from the year-ago quarter to $242.7 million, and the company's net loss narrowed by 68 percent to $24.3 million. The gross margin soared by 11 percentage points to 33 percent.The management attributed the improved results to strong global demand ...
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News briefs
The loss of a major U.S. client continued to affect...
The loss of a major U.S. client continued to affect the results of Coleman, leading to a 6 percent decline to $626.6 million in the Home and Outdoor Living segment of Newell Brands in the first quarter. The segment suffered an operating loss of $1.5 million as compared to a ...
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News briefs
Toray, the Japanese textile company, has inaugurated an advanced weather...
Toray, the Japanese textile company, has inaugurated an advanced weather simulator at its Fibers & Textiles Research Laboratories in the city of Seta. To test the comfort of garments, the Technorama GIII – as the facility is called – uses “sensitivity engineering” to go beyond heat, cold and humidity and ...
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News briefs
Adidas Outdoor has announced its first marketing initiative under its...
Adidas Outdoor has announced its first marketing initiative under its brand name through a partnership with 1Climb, the non-profit organization co-founded by Kevin Jorgeson, to offer children in the U.S. their first climbing experience. Through the new partnership, 10 new permanent climbing walls will be installed in Boys and Girls ...
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News briefs
Action Sports Sportartikel of Germany will take on the distribution...
Action Sports Sportartikel of Germany will take on the distribution of the Teva brand of shoes in Germany and Austria from the spring/summer 2020 season. Yendis Engelbertz, sales manager at Action Sports Sportartikel, will take care of the distribution of the brand, which belongs to Deckers Brands, working with a ...
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Article
VF looks for bigger acquisitions after a weak quarter
VF Corporation is looking for bigger prey in its remaining Outdoor, Active and Work segments after its recent takeover of Icebreaker and Altra, which are said to be performing well while being integrated into the group's global supply chain and its sales organization. Evidently, with an adjusted cash flow of ...
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News briefs
According to Bicycle Retailer, the Colorado-based trade magazine, Darrell Denny...
According to Bicycle Retailer, the Colorado-based trade magazine, Darrell Denny left Emerald Expositions on May 24. Hired in 2010, Denny was both business development director and executive vice president, overseeing the American trade show operator's sports properties, such as Outdoor Retailer, Interbike and Health & Fitness. Last November, however, Emerald ...
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News briefs
In France's mountain areas, the use of collective accommodation for...
In France's mountain areas, the use of collective accommodation for tourists declined by 0.5 percent in the first quarter of the year as compared to the first quarter of 2018, according to data from France's National Institute of Statistics and Economic Studies (INSEE), reported by sport-guide.com. The number of French ...
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News briefs
A full-day seminar about the development of the Chinese sports...
A full-day seminar about the development of the Chinese sports and outdoor market will take place on the third day of the OutDoor by Ispo show in the Conference Center North of the Munich fairgrounds on July 2. Tickets can be ordered on shanghai@ispo.com, with a discount until May 31. ...
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Article
Descente makes a writeoff for Inov-8
Descente, the Japanese group that has owned a majority stake in Inov-8 since 2015, faced another impairment charge for its fiscal year ended March 31, 2019, due to the British footwear brand's poor results.The group saw its overall sales inch up by 0.9 percent to 142,443 million yen (€1.1bn-$1.3bn) for ...
