All Outdoor Industry Compass articles in Volume 9, Issue 17-18
View all stories from this issue.
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News briefs
The organizers of the Outdoor Retailer Winter Market have started...
The organizers of the Outdoor Retailer Winter Market have started discussing the idea of an agreement with Snowsports Industries of America, which organizes the SIA snow show in Denver. The idea is that Outdoor Retailer would hold a softgoods-only show in Salt Lake City in November, starting in 2017, while ...
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Article
New management structure at Vista
Vista Outdoor has announced a new segmentation of its recently enlarged brand portfolio, appointing new managers to run its different operations. Kelly Grindle, who remains as president of Outdoor Products, will oversee three new market areas: Outdoor Recreation, Sport Protection and Hunting Shooting Accessories. Outdoor Recreation will comprise ...
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Article
Rocky invests in lifestyles and military
After posting dismal results for the second quarter, Rocky Brands announced that it will reduce its U.S. workforce. It will also redeploy more capital to support its lifestyle brands and to further expand its production facilities in Puerto Rico, partly to take advantage of a triple-digit increase in military footwear ...
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Article
Newell’s Jarden integration on track
During the second quarter, organic sales went up by 0.5 percent in the outdoor solutions segment of Newell Brands, most of which formerly belonged to Jarden Corp. Higher sales at Pure Fishing offset weather-related declines at winter sports brands such as K2, Völkl and Marker. Last year's acquisitions of Jostens ...
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News briefs
Hi-Tec is launching an innovative shoe that indicates to the...
Hi-Tec is launching an innovative shoe that indicates to the wearer where to turn left or right. The new Hi-Tec Navigator features a vibrating insole with haptic technology which communicates via a smartphone navigation app through Bluetooth. After entering a destination in the smartphone via this app, the shoe guides ...
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News briefs
Oboz helped plant more than one million trees since it...
Oboz helped plant more than one million trees since it started working in 2008 with Trees for the Future, an international organization that is committed to improve the environment and lives of communities in Sub-Saharan Africa. This means that the company has sold or demonstrated more than one million shoes ...
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Article
Lafuma posted healthy half-year results
The Lafuma Group managed to improve both sales and margins during the first six months of the year, despite challenging economic conditions and sluggish consumption. The French company's revenues gained 6.9 percent over the year-ago period to €85.6 million, with significant disparities among its brands. Overall, the group managed to ...
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Article
Mammut grows slightly
The Swiss Conzzeta group has reported slightly improved net revenues of 101.4 million Swiss francs (€92.7m-$103.7m) in the first six months of 2016 for its Mammut Sports Group, compared with CHF 99.3 million in the same period of last year. The segment's losses declined to CHF 4.5 million (€4.11m-$4.60m) from ...
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Article
Thule grows nicely, makes more profits
The Thule Group reported net income of 308 million Swedish kronor (€32.2m-$35.7m) for its continuing operations in the second quarter ended June 30, up sharply from SEK 278 million in the same period of 2014. The gross margin went up to 41.6 percent from 40.5 percent, due primarily to positive ...
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Short stops
Lillsport and Halti have joined the Scandinavian Outdoor Group...
Lillsport and Halti have joined the Scandinavian Outdoor Group
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Article
Garmont raises its profitability
Garmont International has reported a net profit of €629,000 for 2015, 142 percent above the level of 2014. Operating earnings before amortization (Ebitda) grew by 105 percent to €278,000. Sales grew by 40 percent to €12.5 million, or by 20 percent on a comparable, pro-forma basis. It was a very ...
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News briefs
Keen Footwear is using robots to make its Uneek shoes...
Keen Footwear is using robots to make its Uneek shoes in half the time required with the conventional manufacturing process. The robots, which were developed by ABB, were presented at its booth at the Outdoor Retailer show in Salt Lake City at the beginning of this month. Retailers have shown ...
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Short stops
Vibram USA has opened a new footwear soling facility in...
Vibram USA has opened a new footwear soling facility in Watertown, South Dakota, in combination with Glacial Lakes Rubber Plastics
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News briefs
Wolverine Worldwide says it expects a visit this week from...
Wolverine Worldwide says it expects a visit this week from U.S. Senator Gary Peters, who is expected to make an announcement regarding new legal provisions that would require the Pentagon to source athletic shoes for U.S. military forces from domestic sources. The bill, which may be approved in September, would ...
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Article
Wolverine falls less than expected
Wolverine Worldwide reported a 5 percent drop in its net income to $24.0 million for its second quarter, ended June 18, as its sales fell for the fourth quarter in a row, down by 7.4 percent to $583.7 million in dollars and by 5.2 percent on an underlying, currency-neutral basis. ...
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News briefs
Keen has hired John Eberle as general manager of its...
Keen has hired John Eberle as general manager of its outdoor, lifestyle and kids division, Keen's largest product category. He will oversee global business operations, management strategy and product and business development for the division, effective Aug. 9. Eberle spent 13 years at Nike in various roles. Most recently, he ...
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Article
Outdoor and fitness drive Garmin
Sales increases of 23 percent in the outdoor segment and 34 percent in the fitness segment in the second quarter ended June 25 allowed Garmin to strengthen its position in the rapidly growing wearables market, helping the company to book a 5 percent increase in total revenues to $812 million. ...
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News briefs
Stanley has a new marketing director, Lisa Wood. She worked...
Stanley has a new marketing director, Lisa Wood. She worked most recently as brand development manager for Continental Tire. She previously handled the introduction of a luxury overland camping brand, ARB 4x4 Accessories, in North, South and Central America
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News briefs
Scientists at the Hohenstein Institute have developed a textile finishing...
Scientists at the Hohenstein Institute have developed a textile finishing which, they claim, provides a “sensory cooling effect” when they touch the skin surface by stimulating the body's cold receptors. The treatment can be particularly useful for sports injuries or insect bites, which are generally treated with ice, sprays and ...
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Article
Hoka One One makes a pause at Deckers
Deckers Brands posted a lower-than-expected net loss of $58.9 million in the seasonally weak first quarter of its financial year, ended June 30, although it remained higher than the $47.3 million loss recorded in the year-ago period. The gross margin rose to 43.7 percent from 40.5 percent in the same ...
