All Outdoor Industry Compass articles in Volume 7, Issue 23-24
View all stories from this issue.
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Article
Slow progress for Peak Performance
Peak Performance performed a little better than before in the first quarter of its financial year ended Sept. 30, but not at retail, according to its parent company, which has changed its name from IC Companys to IC Group. The brand's total sales were up by 3 percent to 353.0 ...
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News briefs
In October, Vaude opened two more stores in partnership with...
In October, Vaude opened two more stores in partnership with franchisees in the German city of Ulm and in Wallisellen, a town outside Zurich, Switzerland. The Ulm shop is the 12th of its type in Germany, the Swiss one the first abroad (except for Asia). The selling surface of 220 ...
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Article
Timberland partners with Singapore-based tire maker
Timberland has announced a collaboration with Omni United to create a co-branded line of tires under the Timberland and Radar Tires brands. As part of the collaboration, the rubber tires will be recycled at the end of their lifecycle to make the outsoles of Timberland shoes. The announcement was made ...
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Article
Ternua proceeds with Lorpen's integration
As previously reported (Compass vol. 7-15-16 of July 21), the two Spanish brands have come under the joint ownership of the Lasa family, which controlled Ternua and Astore, a small brand of team sports products. The new company, which has come to be called Ternua Group, says it has largely ...
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Article
Slow sports growth at Jarden
For the three months ended Sept. 30, Jarden Corp.'s Outdoor Solutions business posted sales of $679.1 million, up by just 1.2 percent from the third quarter of 2013, and the operating profit of the segment fell by 1 percent to $66.4 million. Among the drivers for the continued sales growth ...
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News briefs
Lowa, the German-based producer of outdoor shoes, organized an outdoor...
Lowa, the German-based producer of outdoor shoes, organized an outdoor event for end-consumers together with Charivari, a local radio station from Munich. More than 1,000 people participated in the walk on the Neureuth Alp, which is 1,200m above the Tegernsee near Munich. Lowa invited end-consumers to test its collection of ...
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News briefs
Houdini Sportswear put out a rather funny press release last...
Houdini Sportswear put out a rather funny press release last week, announcing that it was opening a special brand store in Oslo with “the world's largest fitting room.” It's a pop-up store where customers are encouraged to test the clothes out in the wild before they buy them. If they ...
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Article
Foreign momentum helps Wolverine to keep growing
Without changing its profit target for this year or the five-year forecast that it had outlined a year ago, the management of Wolverine Worldwide reduced its guidance for the group's turnover in 2014. Instead of growing by around 3 percent as previously forecast, it will more likely increase by only ...
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News briefs
Flemming Kruse Henriksen has left Peak Performance, where he was...
Flemming Kruse Henriksen has left Peak Performance, where he was in charge of emerging markets, to take care of business development for products and marketing in the apparel division of LTP, an international sourcing company. His functions are being taken over by Martin Netinder, sales director for exports and Canada. ...
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Article
Fenix takes over Globetrotter
A new company, Frilufts Retail Europe (Frilufts AB), is taking over all the retail operations of Globetrotter Ausrüstung, Germany s largest outdoor retailer, along with the two major outdoor retail chains in Sweden and Finland, Naturkompaniet and Partioaitta. Together, they will have an annual turnover of around €260 million before ...
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Article
Moncler sues an Italian TV program over unethical goose farming
Moncler lost around €140 million in market capitalization on Nov. 3 as its shares plunged by almost 5 percent following the broadcast of an investigative report by an Italian TV program a day earlier. The journalists of the “Report” program on Rai 3, one of the country's state broadcaster's channels, ...
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Article
The next EOS will be in England
Initiated by the European Outdoor Group (EOG), the European Outdoor Summit takes place in a different country every year. It was hosted by the Scandinavian Outdoor Group in Stockholm last year. It was hosted by the German sporting goods industry association (BSI) on Lake Tegernsee on Oct. 15-16, and it ...
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Article
OSV makes progress in education
Outdoor Sports Valley (OSV), the highly dynamic association of winter sports and outdoor companies based in the French alpine city of Annecy, has signed an agreement in principle with an unnamed American university for an exchange of students and know-how. OSV is running three education programs in Annecy, conducted in ...
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Article
Hi-Tec launches documentary series
Hi-Tec is launching “The Walkumentary Series,” an online documentary project conceived and produced by This that + the other, an Amsterdam-based advertising agency. The films focus on how walking can lead to extraordinary things and the importance of taking time away from everyday life. Each film views walking from a ...
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News briefs
A Spanish distributor, Sporttotal, is taking on the distribution of...
A Spanish distributor, Sporttotal, is taking on the distribution of Altra Running in Spain. It is calling on specialty retailers and the press to participate in testing days in Barcelona and Madrid this week to demonstrate the features of its footwear line.
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Article
Samsonite will not distribute Gregory in Europe
Samsonite, which took over Gregory Mountain Products from Black Diamond Equipment in July, is not going to use its own offices in Europe for the distribution of the brand in Europe, where Gregory will continue to be sold by outdoor experts. Andrea Meerholz, the former European brand director of Gregory, ...
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News briefs
Magnum has promoted Glen Richards, its former sales director in...
Magnum has promoted Glen Richards, its former sales director in the U.K., to global brand director. He will be responsible for leading global product development and marketing strategy and will be based at the company's headquarters in Amsterdam. Additionally, the company has announced that Brent Smith has joined as sales ...
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Article
Deuter and Ortovox keep their double-digit pace
Schwan-Stabilo Outdoor (SSO), the division of the Schwan-Stabilo group that contains the Deuter and Ortovox brands, managed to lift its sales by 13.5 percent to €97.4 million in its 2013-14 financial year, ended June 30, compared with the previous year. The company did not disclose the split between the backpack ...
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News briefs
Hydro Flask has hired Dennis Conner as the company's new...
Hydro Flask has hired Dennis Conner as the company's new vice president of operations, effective Oct. 13. Additionally, Rocco Villano has been promoted to director of sourcing and planning, from his previous role as senior operations manager, while Rob Mitchell, a veteran of the outdoor industry, has joined the company's ...
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News briefs
Compass Diversified Holdings (Codi) has launched a secondary offering of...
Compass Diversified Holdings (Codi) has launched a secondary offering of trust shares intended to raise up to $125 million to repay a portion of its credit facility. Codi is the parent company of Camelbak Products, Ergobaby and Liberty Safe. It is also a minority shareholder in Fox Factory, which is ...
