All Outdoor Industry Compass articles in Volume 13, Issue 15-16 – Page 6
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News briefs
UK’s new consumer National Snow Show to take place in October
Raccoon Events, the organizers of the National Running Show and newly launched National Outdoor Expo, has launched the UK’s only National Snow Show. Set to take place at the NEC in Birmingham Oct. 23-24, 2021, the two-day event is aiming at all winter sports enthusiasts and providing a comprehensive retail ...
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News briefs
Asolo with new Swiss distributor
The Italian footwear brand Asolo has announced that Contact Production SA is its new distributor for Switzerland, presenting the spring/summer collection SS21 with immediate effect. Contact Production is based in Orsalina and distributes, among others, the brands Buff , Shred , Rywan ...
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Article
Newell sales drop by 20%
Currency headwinds and the effects of the Covid-19 pandemic caused Newell Brands’ revenues for the second quarter to drop by 14.9 percent to $2.1 billion. The gross margin contracted by 3.4 percentage points to 31.5 percent due to measures to reduce debt, currency fluctuations and unfavorable mix. During the period, ...
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Article
Johnson Outdoors tries to keep up with post-lockdown demand
Strong Fishing, Watercraft Recreation and Camping sales after the lockdowns were eased in May and June were not enough to counter the effect of store closures in April. However, the management said that demand has now picked up and the challenge is keeping pace with it, with a focus on ...
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Article
VF expects improvement despite difficult Q1
Despite posting steep declines in revenues and earnings for its first quarter ended on June 30, the management of VF Corp. insisted that the company is in a strong position to get through the coronavirus pandemic because of its “financial and operational rigor” and the progress it has made in ...