All Outdoor Industry Compass articles in Volume 9, Issue 17-18 – Page 2
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News briefs
Edelrid has decided to partner with NetRush of Vancouver, Washington...
Edelrid has decided to partner with NetRush of Vancouver, Washington to sell its products on Amazon's marketplace. It has decided to work exclusively with the American firm on Amazon's website because of its experience in engaging final users.
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Article
Crocs sells more but falls short of guidance
Crocs posted revenues for the second quarter that came up short of its own guidance for sales in the range of $340 million to $350 million. They dipped by 6.3 percent over the year-ago quarter to $323.8 million, or by 6.2 percent on a constant-currency basis.The company blamed the challenging ...
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News briefs
Jack Wolfskin has expanded the coverage of its web store...
Jack Wolfskin has expanded the coverage of its web store from four countries – Germany, Austria, Switzerland and the U.K. – to a total of 25 European countries. The choice of languages has been widened, adding French to German and English. Other languages will be added the future. Prices are ...
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Article
Strong progress at Craft’s parent company
Reaching a new record for the quarter, the New Wave Group raised its total revenues by 6 percent to 1,257 million Swedish kronor (€132.5m-$148.2m) for the second quarter ended June 30, with growth of 8 percent in local currencies.It was a particularly strong performance in view of the fact that ...
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Article
Weak quarterly growth for Columbia
Columbia Sportswear's sales were up by just 2 percent in dollars and local currencies in the second quarter ended June 30, but they still reached a record level of $388.8 million for the period. The variation is not very significant as this is the weakest quarter in the group's financial ...
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News briefs
Darren Wilcox, former country manager for Columbia Sportswear and Sorel...
Darren Wilcox, former country manager for Columbia Sportswear and Sorel in the U.K., has been appointed to lead the European launch of Saxx Underwear, a fast-growing North American brand of men's underwear. Primarily targeting outdoor and action sports stores, along with department stores and other specialists, Saxx is getting started ...
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News briefs
Columbia Sportswear opened last month a special store at Disney...
Columbia Sportswear opened last month a special store at Disney Springs, a new Disney World resort that is nearing completion on Lake Buena Vista, Florida. The 5,000-square-foot store focuses on Columbia's new Performance Fishing Gear (PFG) collection. It has an overhead display where 500 fish float in a pool of ...
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News briefs
Columbia Sportswear has won a summary judgement in Portland federal...
Columbia Sportswear has won a summary judgement in Portland federal court regarding one of the patents covering its Omni-Heat reflective insulation technology. The Oregon judge found that the “overall visual effect” of the dot pattern used by Columbia was “nearly identical” to that of Seirus Innovative Products' range of Heatwave ...
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News briefs
Sport climbing is one of the five new sports that...
Sport climbing is one of the five new sports that were approved by the International Olympic Committee (IOC) on Aug. 3 for the 2020 Olympic Games in Tokyo. The 2020 Games will also include skateboarding, surfing, karate and baseball/softball. Like climbing, which has been growing in popularity in recent years, ...
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News briefs
The North Face (TNF) has officially released a clean sport...
The North Face (TNF) has officially released a clean sport policy against doping as part of opening elite registration for the upcoming 50-mile Endurance Challenge Championship, which will be held on Dec. 3 in Marin Headlands, near San Francisco. Athletes who have been banned from competition by the International Association ...
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Article
Impairment charges hit Johnson Outdoors
Johnson Outdoors posted weak results for its fiscal third quarter ended July 1, with profits tumbling against the year-ago period due to non-cash goodwill impairment charges of $6.2 million for the Diving segment. Net income plummeted by 31.5 percent to $6.8 million.These charges were triggered by the company's decision to ...
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News briefs
For the third consecutive year, Hoka One One came out...
For the third consecutive year, Hoka One One came out as the most widely used trail running shoe among the 353 participants in the Western States Trail, the annual 100-mile endurance run that ended on June 26 in Auburn, California.
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Article
Rossignol buys Raidlight-Vertical
As part of its plans to diversify its business, the Rossignol Group has finalized the takeover of Raidlight-Vertical, a French company specializing in products for trail-running and other outdoor pursuits, with 55 employees and a turnover of about €6.5 million for the year until July 2015.The deal should support the ...
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News briefs
David Burroughs is taking over as president of Cascade Designs...
David Burroughs is taking over as president of Cascade Designs from Joe McSwiney, who held the post for ten years. He is the son of John Burroughs, founder and chairman of the 44-year-old company, whose brand portfolio includes Therm-a-Rest, Mountain Safety Research (MSR), Platypus, SealLine, and PackTowl. McSwiney, who has ...
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News briefs
Oboz Footwear, headquartered in Bozeman, Montana, has opened a product...
Oboz Footwear, headquartered in Bozeman, Montana, has opened a product design and development office in Portland, Oregon. The company has also announced two new members to its product creation team. Brad Long has been named director of product while Seth Brown is the new senior product developer. Long has more ...
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News briefs
A long-standing legal dispute between Crocs and USA Dawgs is...
A long-standing legal dispute between Crocs and USA Dawgs is taking a new turn with an anti-trust lawsuit launched by the latter company against 18 founders, former and current directors of Crocs. It accuses them of conspiring to fraudulently obtain Crocs' clog patents, using them afterwards to attack competitors. It ...
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Article
Bergans moves distribution for European market
Bergans is preparing to close its Norwegian warehouse and centralize its entire European warehousing operations in Hamburg next year, as part of intensified efforts by the Norwegian outdoor brand to support its international business. This push is to come with more investment in the brand and extra resources to support ...
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Article
Recco is now being used year-round
Recco has hired Marcus Löwgren to act as global sales manager, based in Stockholm. One of his tasks will be to move the avalanche system provider to a year-round outdoor application, assisting people even when there is no snow.Löwgren comes from IBM. He previously co-founded a talent match-making services in ...
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News briefs
Prana, a brand of Columbia Sportswear that is becoming more...
Prana, a brand of Columbia Sportswear that is becoming more active in Europe (see the related article in this issue), has joined the European Outdoor Conservation Association (Eoca). Columbia is already a member. Prana has been committed to sustainability from day one.
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News briefs
Wolverine Worldwide's board of directors has authorized a new stock...
Wolverine Worldwide's board of directors has authorized a new stock repurchase program for up to $300 million, replacing the balance of a program it had approved in 2014. The company will also issue 10-year bonds with a face value of $250 million that will help redeem a series of outstanding ...
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