All Outdoor Industry Compass articles in Volume 8, Issue 9-10 – Page 3
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The North Face (TNF) has announced the expansion of its...
The North Face (TNF) has announced the expansion of its recycling program, Clothes the Loop, to all of its retail and outlet stores within the U.S. The brand started it as a pilot program at 10 of its retail locations nationwide in February 2013. In parallel, the brand is launching ...
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Patagonia has announced an investment in Beyond Surface Technologies (BST),...
Patagonia has announced an investment in Beyond Surface Technologies (BST), a chemical company that uses sustainable technologies, based on natural substances, to produce high-performance textile treatments. The investment, the details of which have not been disclosed, has been made by Patagonia through its $20 Million & Change venture fund, created ...
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Outperforming analysts' estimates, Rocky Brands has reported a net profit...
Outperforming analysts' estimates, Rocky Brands has reported a net profit of $1.4 million for its first quarter, double the level of the year-earlier period. However, revenues declined to $65.5 million from $65.8 million, despite a 30 percent increase for the Durango brand of shoes. The management feels that the drop ...
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Broad-based quarterly growth at Amer Sports
The year got off to a strong start for Amer Sports, which lifted its turnover by 5 percent in constant currencies for the first quarter. The rise was driven by increased apparel and footwear sales as well as winter sports equipment and sports instruments, while restructuring measures in ball sports ...
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Amer strengthens digital connectivity
Amer Sports has acquired full ownership of Sports Tracker Technologies, including its Sports Tracker application, at undisclosed conditions, moving quickly to complete the transaction with the finnish firm. Sports Tracking Technology is a company spun off from Nokia in 2009. It is run by former officials of the Finnish telecommunication ...
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Amer sells Bonfire and Nikita
As expected, Amer Sports has sold off its two brands of board sports clothing. The new owner is Pretty Great, a subsidiary of a Singapore-based company, CNR Pte. Amer had inherited the American Bonfire brand as part of its acquisition of Salomon in 2005. It bought Nikita, a women-specific brand ...
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Arc'teryx already has a store in the Covent Carden district...
Arc'teryx already has a store in the Covent Carden district of London, which is operated by Snow + Rock. Nevertheless, the fast-growing Canadian brand, which is owned by Amer Sports, has announced that it will inaugurate a corporate store in the heart of London in August. It will be the ...
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Black Diamond improves on all fronts
The Black Diamond Inc. group's sales inflated by 13 percent to $50.3 million in the first quarter of 2015, and they were up by 18 percent in local currencies. In dollars, revenues increased by 22 percent in the U.S. to $20.9 million, and by 8 percent in the rest of ...
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News briefs
Footbalance has signed a distribution agreement with Hickory Brands for...
Footbalance has signed a distribution agreement with Hickory Brands for the U.S. market, effective April 2. Headquartered in Vantaa, Finland, the FootBalance store concept is based on providing comprehensive foot-analysis and individually molded insoles made directly on-site. Hickory Brands will represent FootBalance's in-store concepts for 100% custominsoles and sandals as ...
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Outdoor grows again at Johnson Outdoors
Outdoor equipment – the Jetboil, Silva and Eureka! brands of hiking and camping products - was the only segment of Johnson Outdoors that reported increased profits in the second quarter ended April 3. Its operating earnings jumped by 87 percent to $1,070,000 as compared to the same period a year ...
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Vaude resumes production after a fire
Vaude is rapidly recovering from a fire that broke out at its headquarters in the German town of Tettnang during the night of April 27, causing damages evaluated at a total of between €500,000 and €1 million, which will be covered by insurance. The fire was caused by lightning that ...
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Antonio Dus has resigned as chief executive of Vibram, after...
Antonio Dus has resigned as chief executive of Vibram, after three years of collaboration, expressing gratitude for the “human and professional experience” gained at the company. Marco Bramani, president of Vibram and grandson of its founder Vitale Bramani, will act as interim CEO. Dus will provide his support for the ...
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The strong dollar affects Wolverine’s results
Wolverine Worldwide enjoyed a 50 percent increase in sales to foreign distributors in the last two years, and the company continues to see international expansion as being critical to the future growth of its brands, now numbering 15 following the termination of its footwear licensing contract with Patagonia.In the first ...
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Vibram has revamped its store in Boston's Newbury Street, adding...
Vibram has revamped its store in Boston's Newbury Street, adding a “Sole Factor” space where customers can customize their shoes with a variety of Vibram soles. It also features a new gallery displaying more than 150 pairs of shoes developed with Vibram soles since the original “Carrarmato” sole introduced by ...
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News briefs
GSI Outdoors has announced the acquisition of Innate, the Canadian...
GSI Outdoors has announced the acquisition of Innate, the Canadian supplier of food and drink storage systems and travel essentials based in Vancouver. The food and drink storage solutions will be integrated into GSI Outdoors' branded product line while the Travel Essentials Collection will continue to be marketed under the ...
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Keen has launched a global $5,000 photo contest on Instagram,...
Keen has launched a global $5,000 photo contest on Instagram, running through June 30, to support sales of its Uneek line of shoes, which was released in March. Participants will be given a chance to win $1,000 each week for the most unique photo.
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