All Outdoor Industry Compass articles in Volume 9, Issue 17-18 – Page 4

  • Article

    Globetrotter adjusts branding, private label

    2016-08-30T00:00:00Z

    Globetrotter's turnover declined in the first half of this year but the profitability of the leading German outdoor retailer sharply increased, judging from the performance of Fenix Outdoor International, the Swedish-based group that owns Globetrotter. The entire company's turnover was on the rise, driven by avid demand for the Fjällräven ...

  • Article

    Adidas Outdoor switches to Terrex branding

    2016-08-30T00:00:00Z

    The Adidas Group is switching the branding of its Adidas Outdoor range to Terrex, a new brand concept that has been driving an ample rise in sales for the company in the European outdoor market. The branding is to be applied from 2017 for nearly all of the Adidas brand's ...

  • News briefs

    Keen has added an award-winning photographer, Chris Burkard, to its team...

    2016-08-30T00:00:00Z

    Keen has added an award-winning photographer, Chris Burkard, to its team of “ambassadors” who work closely with the company to help market its rugged footwear and other outdoor gear. Burkard, who specializes in capturing the adventure and natural wonder of visiting the world's wild, less-traveled places, also works as a commercial ...

  • News briefs

    +++ Gary Adam, president of international sales at Rocky Brands,...

    2016-08-30T00:00:00Z

    +++ Gary Adam, president of international sales at Rocky Brands, has left the company +++

  • Article

    Acquisitions help Vista Outdoor

    2016-08-30T00:00:00Z

    Vista Outdoor reported a 23 percent sales increase to $630 million in its second quarter ended July 3, boosted by its new acquisitions of Bell, Giro, Jimmy Styks and CamelBak over the past year. The figure includes $134 million from recent acquisitions. On an organic basis prior to those acquisitions, ...

  • Article

    New CEO for 8848 Altitude

    2016-08-30T00:00:00Z

    After leaving Craft last spring, Jonas Peterson will now step in as chief executive of another Swedish, company, 8848 Altitude. Peterson has been CEO of both Cross Sportswear and Craft where he received international experience that this supplier of ski, outdoor and bike clothing was looking for.Peterson's task, in addition ...

  • News briefs

    The 2016 edition of the UTMB mountain race, on Aug....

    2016-08-30T00:00:00Z

    The 2016 edition of the UTMB mountain race, on Aug. 22-28, saw the participation of around 7,500 runners from all over the world. Trail running champions gathered in Chamonix and defied the heat and a big storm in the French Alps, to compete in one of the event's five races ...

  • News briefs

    Garmin has launched a $200 million expansion and transformation of...

    2016-08-30T00:00:00Z

    Garmin has launched a $200 million expansion and transformation of its headquarters at Olathe, Kansas. It will add 720,000 square feet for manufacturing and distribution, building up to a total of 2.1 million square feet of space. The warehousing space will be enlarged. The local distribution center will be converted ...

  • Short stops

    Stubai is recalling about 20 Tour Lite Telescope ice axes...

    2016-08-30T00:00:00Z

    Stubai is recalling about 20 Tour Lite Telescope ice axes sold in the U.S. because the knife in the handle can detach, causing possible laceration

  • News briefs

    Wolverine Worldwide announced on Aug. 16 that it was going...

    2016-08-30T00:00:00Z

    Wolverine Worldwide announced on Aug. 16 that it was going to offer $250 million worth of senior notes to fund the redemption of its outstanding senior notes due 2020, which carry annual interest of 6.125 percent. The new notes have been priced with an interest rate of 5.000 percent, due ...

  • Article

    Codi buys 5.11 Tactical

    2016-08-30T00:00:00Z

    After making a big capital gain on its sale of Camelbak to Vista Outdoor, Compass Diversified Holding (Codi) has signed an agreement to acquire 5.11 Tactical for $400 million, at the end of July. The management will retain a stake of 2.5 percent. One of Codi's goals is to expand ...