All Outdoor Industry Compass articles in Volume 8, Issue 16-17
View all stories from this issue.
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Article
Peak Performance rejigs ranges and management
Peak Performance has started implementing a strategic plan put forward in May by its chief executive since September, Nicolas Warchalowski, formerly in charge at Haglöfs. While there have been few adjustments to the Swedish brand's ski and golf ranges, it has begun to rethink its outdoor and casual sports apparel. ...
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Article
Lower net revenues for Mammut
Citing a general weakening of growth in the outdoor market worldwide and the strength of the Swiss franc, Conzzeta has reported a 4.2 percent drop to 99.3 million Swiss francs (€91.5m-$101.6m) for its sporting goods segment during the first half of this year. The operating margin of the segment, which ...
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News briefs
Vista Outdoor told investors that it still has a “robust”...
Vista Outdoor told investors that it still has a “robust” acquisition pipeline. The company has raised its planned offering of senior notes by $50 million to $350 million, maturing in 2023 and bearing annual interest of 5.875 percent. The offering would help finance its acquisition of Jimmy Sykes and Camelbak ...
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Article
Johnson Outdoors reports higher sales and profits
Johnson Outdoors has reported slightly higher sales and vastly improved earnings for the third quarter ended July 3. The growth was primarily driven by strong market momentum around new products across its consumer-oriented fishing, camping and water recreation products, which offset declining sales of diving equipment and lower revenues from ...
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Moncler posts higher revenues, operating profits and net result
Moncler reported a 35 percent sales increase in the first half of 2015, with sales reaching €295.8 million and positive performances across all its markets. At constant exchange rates, the sales growth was limited to 26 percent. New openings played an important role, together with a strong contribution from stores ...
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News briefs
Norspomessen, the Norwegian sporting goods fair organized by Sportsbransjen, will...
Norspomessen, the Norwegian sporting goods fair organized by Sportsbransjen, will have 15 fewer exhibitors than a year ago at its next edition in Oslo on Aug. 23-25. When the registration deadline expired, there were a total of 75 exhibitors who had reserved space at 85 stands. The number of square ...
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Article
Icebreaker expands sideways
Icebreaker has reinforced its European team with three regional managers for sales and marketing, as it continues to build on its merino-based outdoor products to move into adjacent categories. Ibrahim Can, former country manager in Switzerland, was appointed in March to supervise sales in the German-speaking countries, Eastern Europe and ...
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Article
Fresh start for Royal Robbins in Europe
Royal Robbins, an American brand of outdoor and travel garments that predominantly targets women, is making a fresh start in Europe, with an increased sales effort and a range that has been adjusted for the European market. European distribution has been handled for many years by Bradshaw Taylor and the ...
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Article
Nomad embarks on new journey
Nomad, the Dutch outdoor company, held a gathering at its stand at the OutDoor fair to launch a campaign that is meant to give “a little kick” to the brand, after its change of management and ownership earlier this year. Nomad flew many of its employees to the fair this ...
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Article
Crocs is not yet out of the woods
Crocs' new focus on fewer products, fewer stores and fewer geographical markets is not expected to bear its best fruits until the first half of 2016. Gregg Ribatt, the company's new chief executive, sees the business continuing to stabilize around the globe, and sales declined by 8 percent in the ...
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News briefs
CORRECTION: Montane and Rab are using two different types of...
CORRECTION: Montane and Rab are using two different types of Pertex Shield fabrics, which were presented at recent international trade shows. Montane has adopted Pertex Shield AP, whereas Rab s new Flashpoint Jacket is made with a lighter-weight version called Lightweight Pertex Shield+.
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Article
Online-driven, the Chinese market’s growth decelerates
China's outdoor market expanded by 10.9 percent to 17.06 billion yuan renmimbi (€2.4bn-$2.7bn) at retail last year, marking a further slowdown in its growth rate after an increase of 16.2 percent in 2013 and more in the previous years. The estimate is based on the latest market research by the ...
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News briefs
John McCarvel, who retired as president and chief executive of...
John McCarvel, who retired as president and chief executive of Crocs last April, has become lead investor and chairman of Xero Shoes, a U.S. company that produces versatile and lightweight performance and recreation sandals. Dennis Driscoll, who joined Xero three years ago and is now acting as its chief product ...
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Article
Oversupply and changing leisure trends hit the Korean market
Battered by a mix of structural and incidental issues, the South Korean outdoor market is estimated to have shrunk by at least 20 percent in the last year, encouraging some outdoor brands to adjust their strategies or to move into other sports categories. The market had rapidly expanded in the ...
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Article
Urban outdoor trends and category overlaps at OR
Favorable weather, urban outdoor fashion trends and several constructive industry initiatives contributed to the upbeat atmosphere at the Outdoor Retailer (OR) trade show in Salt Lake City earlier this month. The organizers boasted strong attendance at the four-day event where more than 1,600 brands were represented, 376 of them new ...
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News briefs
Sole, the Canadian maker of footbeds, has joined One Percent...
Sole, the Canadian maker of footbeds, has joined One Percent for the Planet, the global network of businesses financially committed to creating a healthy planet. The members of the network donate one percent of their annual sales directly to approved environmental non-profit bodies. One Percent for the Planet evaluates the ...
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News briefs
Icebug, the highly technical Swedish brand of outdoor shoes and...
Icebug, the highly technical Swedish brand of outdoor shoes and ice boots, has opened its own concept store in Gothenburg. Since it was established in the early 2000s, production has increased significantly every year, and growth has remained at an average of about 30 percent. Last year, Icebug had a ...
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News briefs
The Bogs brand of boots continued to fuel the turnover...
The Bogs brand of boots continued to fuel the turnover of Weyco Group in the second quarter ended June 30. The American brand' sales grew by 18 percent during the period as it continued to broaden its product line. Combined with sales increases of 12 percent and 9 percent for ...
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Article
Black Yak prepares for European relaunch
Black Yak, the Korean outdoor brand, has hired a seasoned executive to head up its European sales. Patrik Steinhilber joined Black Yak in Munich earlier this month, as the brand is finalizing a range for its European relaunch in the second half of next year. Steinhilber built up his career ...
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Article
Big outdoor growth in Norway?
Some 1.2 million Norwegians have been making plans to go hiking in their home country, following at least one of the T-marked routes maintained by the Norwegian Trekking Association (DNT), which maintains many of the hiking trails and cabins throughout the country. This level of outdoor participation, which was revealed ...