All Outdoor Industry Compass articles in Volume 6, Issue 7-8
View all stories from this issue.
-
Article
Lower sales and profits for Peak Performance
Peak Performance, which went through wide-ranging management changes last year, saw its sales drop by 6 percent to 267.5 million Danish kroner (€35.9m-$46.4m) for the three months until the end of March. This is the third quarter in the fiscal year of IC Companys, the Danish company that owns the ...
-
Article
Patagonia looks to promote sustainability in other sectors
Yvon Chouinard, founder and major owner of Patagonia, has announced the establishment a new holding company to invest in companies in five critical areas – clothing, food, water, energy and waste – in ways that will share the same ethical approach to the environment and the same mission statement as ...
-
Article
New president for LaCrosse
Robert Sasaki, a former finance director of Nike dealing with its business in Asia, has been appointed as the new president of LaCrosse Footwear, with responsibility for its Danner and LaCrosse brands. Sasaki, who has more than 15 years of experience in finance and apparel, had joined the company last ...
-
News briefs
Keen has opened its third single-brand store worldwide in Prague...
Keen has opened its third single-brand store worldwide in Prague on a selling area of 230 square meters. Like the other two doors, it is operated by the U.S. footwear company's Czech distributor, Outdoor Concept. The new shop is located in Zli?in, a shopping mall described as one of the ...
-
News briefs
In the middle of July, Lundhags will open its second...
In the middle of July, Lundhags will open its second factory outlet store in Insjøn, Sweden. It will have three different areas for Lundhags own products, external brands and an outlet section. The company's first store in Järpen, Sweden has turned into something of a destination store and the same ...
-
Article
Margins improve strongly at VFC
As predicted in February, VF Corporation's revenues went up by only 2 percent in the first quarter ended March 31, hitting $2,582 million, due to delayed shipments of spring/summer merchandise and to a tough comparison with the strong first quarter of 2002. Sales growth would have been one percentage point ...
-
Article
Lower margins and higher sales for Jarden’s Outdoor Solutions
The Outdoor Solutions segment of Jarden Corporation, which includes brands such as Coleman, K2, Marmot and Rawlings, posted a 3.7 percent sales increase to $695 million for the first quarter of this year. On an organic basis, excluding the impact of foreign exchange fluctuations, acquisitions and divestitures, sales went up ...
-
News briefs
Intersport France and FFRandonnée, the French hiking federation, signed a...
Intersport France and FFRandonnée, the French hiking federation, signed a few weeks ago a partnership agreement at Destinations Nature, an annual consumer-oriented outdoor exhibition in Paris. Over the next five years, the affiliated retailers' network will support the federation in its efforts to promote hiking in general and the use of ...
-
News briefs
The North Face opened a new partner store in Vienna...
The North Face opened a new partner store in Vienna on April 26. The store, which measures 75 sqm and is situated in 'The Mall,' a shopping center in downtown Vienna, is the third partner store of TNF in Austria. It is managed by the Stefan + Reiter Group in ...
-
Article
The EOG widens its market research program
The European Outdoor Group is expanding its annual market research program, collecting data about a much wider range of sub-categories than before and involving a large number of brands, including retailers that sell outdoor products under their own private labels. In the absence of any standard classification of the various ...
-
Article
Sales up and margins down at JD Sports Fashion
JD Sports Fashion, the British sports and fashion retailer that took over the bankrupt Blacks Leisure Group at the beginning of last year, gave some indications of its performance in the financial year ended last Feb. 2. According to preliminary figures, the total revenues of the U.K.-based fashion and sports ...
-
Article
Johnson Outdoors posts double-digit profit growth
Johnson Outdoors reported a 23 percent increase in net income to $8.9 million for its second fiscal quarter ended March 29. Sales increased by 3 percent to $132.1 million as higher sales in Marine Electronics and Outdoor Gear more than offset revenue declines in other business units.The Outdoor Gear segment ...
-
Article
Wolverine’s sales double
Wolverine Worldwide reported today a doubling in its quarterly revenues to $645.9 million for the period ended on March 31 thanks to its acquisition last October of Sperry Top-Sider, Saucony, Stride Rite and Keds. On a pro forma basis, assuming that it owned them already at the beginning of 2012, ...
-
News briefs
A group of Spanish entrepreneurs has launched Outdooing.com, described as...
A group of Spanish entrepreneurs has launched Outdooing.com, described as the first website that customers can use to buy and sell products related to outdoor sports at interesting prices. The initiative comes at a time where the consumption of all kinds of products is suffering in Spain because of a ...
-
Article
Lafuma Group suffers a significant sales decline
In the first half of its financial year to March 31, the Lafuma Group's turnover fell to €102.7 million from €132.3 million in the previous year's period, a decline of 15.4 percent. The sales figure still includes €11.7 million generated by operations that were halted or are planned to be divested. Last ...
-
Article
Deckers’ income drops but results exceed expectations
Deckers Outdoor Corporation reported a drop in net income to $1.0 million in the first quarter of this year from $7.9 million in the first quarter a year ago due to higher operating costs, but the gross margin was 46.8 percent, up from 46.0 percent a year ago. Both sales ...
-
Article
Crocs posts double-digit sales growth
Crocs reported first-quarter revenues of $311.7 million, up 14.7 percent on the first quarter of 2012, or 16.6 percent higher on a constant-currency basis. The record performance was attributed by the company to innovative products, the success of the company's multi-channel strategy and the global reach of its business. The ...
-
News briefs
OCC, the U.K. trade publication, reports on a couple of...
OCC, the U.K. trade publication, reports on a couple of new distribution setups for the U.K. and Ireland. MBC has been appointed as U.K. distributor for the French ski brand Black Crows. MBC will be supporting both existing and new retailers of the brand with a higher marketing budget and has ...
-
News briefs
Keen is launching an intensive consumer-testing program this summer on...
Keen is launching an intensive consumer-testing program this summer on the Pacific Crest Trail (PCT) to demonstrate the durability of its Olympus hiking socks. The PCT stretches from southern California to Canada, with elevations ranging from sea level to more than 13,000 feet. The route crosses 25 national forests and ...
-
News briefs
SmartWool, a wholly-owned subsidiary of VF Corporation, has completed the...
SmartWool, a wholly-owned subsidiary of VF Corporation, has completed the renovation of its global headquarters at Steamboat Springs, Colorado, its design center in Boulder, and its development center in Tennessee. At a cost of $2.2 million, the renovation of the three offices has taken nearly four years of planning and ...
