All Outdoor Industry Compass articles in Volume 8, Issue 14-15 – Page 4
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Short stops
Big Agnes is joining the Responsible Down Standard (RDS) from...
Big Agnes is joining the Responsible Down Standard (RDS) from 2016
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Article
The strong dollar affects Deckers
The parent company of Ugg, Teva, Sanuk and other brands reported increased net losses of $47.3 million for its first quarter, ended June 30, as compared to $37.0 million in the same period a year ago. At 40.5 percent, the gross margin was 0.5 percentage points lower than a year ...
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News briefs
Aku, Asolo, Garmont, Viking and Kamik have adopted W.L. Gore's...
Aku, Asolo, Garmont, Viking and Kamik have adopted W.L. Gore's new Surround waterproof/breathable technology in their outdoor shoes for the first time, incorporating it into their spring/summer 2016 lines. They are joining 25 other international sports and outdoor brands that have already started using Gore-Tex Surround, not including some Asian ...
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Article
VF posts higher revenues in Outdoor & Action Sports
VF Corp. saw consolidated revenues increase by 4.7 percent in the second quarter, or by 10 percent on a currency-neutral basis, reaching €2,513.9 million. The growth was especially driven by its Outdoor & Action Sports coalition, whose sales jumped by 16 percent on a currency-neutral basis, with double-digit increases for ...
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Article
Wolverine accelerates
Wolverine Worldwide's consolidated revenues grew by 2.7 percent to $630.1 million for the second quarter ended June 20, with a 4.9 percent increase on a currency-neutral basis. They actually went up by 6.9 percent without including the discontinued line of Patagonia footwear and sales at the corporate stores that have ...
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News briefs
Jack Wolfskin has reportedly received a cash injection of €75...
Jack Wolfskin has reportedly received a cash injection of €75 million from its new private equity investor, Blackstone, to help repay part of a loan, while negotiating better credit conditions. The information could not be confirmed. The takeover of former franchised shops seems to have weighed on the company's operating ...
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Short stops
Prana will open its 7th store at The Point, a...
Prana will open its 7th store at The Point, a new lifestyle center in Manhattan Beach, California, in the autumn
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News briefs
Sympatex Technologies has appointed Derk Spingler, 42, as vice president...
Sympatex Technologies has appointed Derk Spingler, 42, as vice president for North America. He takes the place of Stephen Kerns, who has become the president of Schoeller Textil USA. Kerns replaces Tom Weinbender, who is leaving after working for Schoeller for 35 years, the last 21 at the head of ...
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News briefs
Nine of the 39 companies selected by an international jury...
Nine of the 39 companies selected by an international jury for this year's OutDoor Industry Award were given gold. The gold winners are the Power Sphaerio 3P tent by Vaude, the all-in-one sleeping bag of Polarmond, an environmental system called Gift Your Gear, the Naturetexx Plasma Wool process of Südwolle, ...
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News briefs
About 340 researchers, consultants and training specialists attended the sixth...
About 340 researchers, consultants and training specialists attended the sixth edition of Inosport held in Voiron in June, to discuss topics relating to innovation in the sports and leisure industry. This was an increase of 12 percent compared with the previous year, according to the organizers. The participants were invited ...
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News briefs
Rocky Brands saw its net earnings grow by 30 percent...
Rocky Brands saw its net earnings grow by 30 percent to $2.0 million in the second quarter ended June 30, although sales dropped slightly to $68.6 million from $68.8 million in the year-ago period, due to one-time events such as the non-repetition of a seeding event with a major retailer. ...
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Article
Asia Outdoor to be held one month earlier in 2016
The organizers of the Asia Outdoor show in Nanjing celebrated its 10th anniversary on July 23-26, reporting an increase in the number of trade visitors to 19,002 from 17,298 in the previous year. The Compass team was a little surprised that there was an actual rise in the number of ...
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Short stops
Vaude is projecting a 5.5% sales increase in 2015...
Vaude is projecting a 5.5% sales increase in 2015
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Article
German Sport 2000 expands its speciality retail network
By the end of June the German section of Sport 2000 had increased the number of affiliated retailers by 83 above the number a year ago. The group had won 107 new members, lost 24 and currently has a total of 888 companies running 1,184 stores.A major boost came from ...
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Article
Thule performed well in Q2
The Thule Group reported a 78.9 percent jump in net income to 254 million Swedish kronor (€26.8m-$29.4m) for the second quarter ended June 30. Sales increased by 20 percent to SEK 1.70 billion (€179.4m-$197.0m), and they were up by 6.4 percent on a currency-neutral basis. However, the gross margin declined ...
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News briefs
After 19 years of collaboration, Zeis Excelsa will stop distributing...
After 19 years of collaboration, Zeis Excelsa will stop distributing Merrell in Italy after the end of this year. By then, it will also have closed or converted its six Merrell stores in Italy. The new Italian distributor of the brand will be a company called Premiere Distribution. Zeis Excelsa, ...
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News briefs
Sept. 11 has been picked as the Outdoor Day as...
Sept. 11 has been picked as the Outdoor Day as part of the European Week of Sport organized by the European Commission. In the run-up to the event, the European Outdoor Group (EOG) is preparing a consumer campaign to stimulate outdoor participation, which was launched to the industry yesterday. With ...
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News briefs
Garmin's sales accelerated to an increase of 4.0 percent in...
Garmin's sales accelerated to an increase of 4.0 percent in the second quarter ended June 27, reaching $110.3 million. The category generated a flat gross margin of 60.6 percent and 6.1 percent higher operating earnings of $37.4 million. The company is making new investments in the outdoor wearable category, where ...
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