All Outdoor Industry Compass articles in Volume 8, Issue 18-19 – Page 3
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News briefs
Carving Sport, the Spanish distributor of Asolo, has taken on...
Carving Sport, the Spanish distributor of Asolo, has taken on the distribution of EB Escalade, the French company that claims to have put its name for the first time on climbing shoes in 1950. Founded in the 1930s by a shoemaker, Pierre Allain, EB has gone through many changes of ...
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Article
Greenpeace finds industry-related hazardous chemicals in mountain areas
As part of its study on “Footprints in the snow - Hazardous PFCs in remote locations around the globe,” eight Greenpeace teams led expeditions to explore mountain ranges and lakes on three continents. Participants collected snow and water samples in China, Chile, Italy, three Nordic countries, Russia, Slovakia, Switzerland and ...
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News briefs
Patagonia has appointed Lisa Pike Sheehy to the newly-created role...
Patagonia has appointed Lisa Pike Sheehy to the newly-created role of vice-president of environmental activism. She will report directly to Patagonia's chief executive, Rose Macario. Pike Sheehy is also on the board of the Outdoor Industry Association. This year Patagonia has donated $6.2 million to 741 grassroots environmental groups. The ...
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News briefs
Wolverine Worldwide has appointed John Coe as managing director of...
Wolverine Worldwide has appointed John Coe as managing director of its London-based subsidiary, taking the place of Dan LeVesconte, to “drive continued growth” for its brands in the region. As general manager of Chaco since March 2011, Coe has been running Wolverine's fastest-growing brand. He gained international experience as president ...
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News briefs
Salomon has appointed Anthony Diana as its new regional category...
Salomon has appointed Anthony Diana as its new regional category manager for footwear in the U.S. Diana has more than nine years of experience in the outdoor industry and seven years with multiple brands within the Amer Sports group, Salomon's parent company. For these brands, he has served as product ...
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News briefs
Bergans of Norway has announced a change in its Swiss...
Bergans of Norway has announced a change in its Swiss distribution, which has been handled so far by its Germany subsidiary Hamburg. Effective Nov. 1, Ace Alpine & Climbing Equipment will be in charge of distribution. The pre-orders for summer 2016 will still be taken care of by the German ...
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News briefs
Oboz has announced it is now a major sponsor of...
Oboz has announced it is now a major sponsor of the Banff Mountain Film and Book Festival's 2016 Radical Reels Tour. Additionally, the Montana-based outdoor footwear brand is a presenting sponsor of the Radical Reels People's Choice Award. The festival, which will be held at the Banff Centre in Banff, ...
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News briefs
Suunto, a subsidiary of Amer Sports, has opened a new...
Suunto, a subsidiary of Amer Sports, has opened a new Mobile Competence Center in Tampere, Finland. The facility, which was inaugurated on Aug. 10, is focused on the development of digital services and native applications for both iOS and Android. Suunto said it decided to start the center because of ...
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News briefs
Thule Group has signed an agreement to sell its snow...
Thule Group has signed an agreement to sell its snow chain business to an Austrian-based company, Schneeketten. The divestment will allow Thule to focus more on its core outdoor and bags segment. The company's board of directors has initiated a strategic review of the remaining businesses in its Specialty ...
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Short stops
Eagle Creek will again work in the Swiss market through...
Eagle Creek will again work in the Swiss market through a distributor, Icon Outdoor, which represented the brand in 1996-98
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News briefs
Claes Broqvist, who has resigned after six years as sales...
Claes Broqvist, who has resigned after six years as sales director of Odlo Sportswear, is moving from Switzerland to Italy next January to fill a new position at Oberalp, parent company of Salewa, Dynafit and other brands, as regional general manager in charge of North America, Asia, the U.K. and ...
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Article
Retail restructuring costs affect robust Fenix group
Restructuring costs of €4.9 million at Globetrotter badly affected the results of the Fenix Outdoor International group's retail business for the second quarter. However, thanks to the robust performance of its brands and retail operations outside Germany, the entire group's operating profit excluding restructuring costs was still on the rise ...
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Article
Berghaus advances in U.S. market
About two years after its decision to open an office in Portland, Berghaus has established U.S. distribution through a dozen reps and nearly 100 accounts. The British brand implemented its strategy to offer its global range, focusing on technical and sustainable products.The move by Berghaus to open a U.S. subsidiary ...
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Article
New action in Brussels
There was a lot of action in Brussels earlier this month, in connection with the first European Week of Sport and the inauguration of a new House of Sport accommodating the Federation of the European sporting goods industry (Fesi) and other sports-related associations under the same roof. They will be ...
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Article
Royal Robbins' owner targets more acquisitions, names CEO
More and more companies are announcing their intention to participate in the inevitable, further consolidation of the outdoor sector. Joining the likes of Vista Outdoor, Samsonite, Wolverine Worldwide and others, an American investment company based in New York, Bruckmann, Rosser, Sherill & Co. (BRS), shared its interest in further acquisitions ...
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Article
Vista Outdoor sees more synergies and acquisitions
Vista Outdoor, the new company that bought Camelbak and Jimmy Styks for $450 million a few weeks ago, has already indicated that it wants to make more acquisitions in the outdoor space. Executives of the company, which is seeking to diversify from the firearms and ammunition sector, stated at the ...
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News briefs
Wolverine Worldwide remains interested in acquisitions, but while there are...
Wolverine Worldwide remains interested in acquisitions, but while there are plenty of actionable assets in the market, the valuations are a bit high. Wolverine's management told an analysts' conference organized by Goldman Sachs that it would prefer a good brand with heritage with at least $75 million in revenues - ...
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Article
Sports hardware fakes worth €500 million are sold each year in Europe
Counterfeiting of soccer balls, golf clubs, tennis racquets, skis, sports helmets and other types of sports equipment costs the European sporting goods industry €500 million a year in terms of ex factory values, according to a new study conducted by the Office for Harmonization in the Internal Market (OHIM). An ...
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Article
Amer wants to grow by 6.5% a year
After building up its annual turnover from about €1.5 billion to €2.5 billion in the last five years, Amer Sports wants to raise it further to €3.5 billion in the next five years. The compound annual average growth rate would thus increase from 5 to 6.5 percent. The management wants ...
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News briefs
Leon Gorman, head of L.L.Bean, died on Sept. 3 at...
Leon Gorman, head of L.L.Bean, died on Sept. 3 at his home in Yarmouth, Maine. He was 80 years old and reportedly suffered from cancer. Gorman, who was the grandson of the company's founder, was president and chief executive of L.L. Bean from 1967 to 2001, chairman from 2001 to ...
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