All Outdoor Industry Compass articles in Volume 9, Issue 19-20 – Page 3
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News briefs
“This ain't no travel blog,” warns Columbia Sportswear while inviting...
“This ain't no travel blog,” warns Columbia Sportswear while inviting world travelers, glacier climbers, cave explorers and anyone else around the world to apply for two new positions of “director of toughness” at the company. They will have to test gear “in the most unforgiving conditions” and be at the ...
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News briefs
Newell Brands is aiming to sell or even shut down...
Newell Brands is aiming to sell or even shut down businesses totaling sales of $250 to 300 million by the end of this year, said its management, giving some indications that Coleman will not be part of the package. It wants to retain brands and geographies that offer the strongest ...
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News briefs
IC Group reported a few days ago that one of...
IC Group reported a few days ago that one of its shareholders, ATP, has reduced its stake in the company to 7.15 percent. The company, which owns Peak Performance, later announced that its share capital has been increased by 0.2 percent because of an exercise of warrants. The exercise price ...
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News briefs
Big Agnes, the American brand of sleeping bags and other...
Big Agnes, the American brand of sleeping bags and other outdoor equipment, is to start using a distribution center in Rotterdam, in January 2017, to support growing European demand. The company says the plan is to have pre-orders and re-orders shipped from the center to all European retail partners. Big ...
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News briefs
Four Marketing, an international premium fashion agency that holds the...
Four Marketing, an international premium fashion agency that holds the rights to represent over 30 brands through their flagship and online stores, has announced the acquisition of two brands of outerwear, Penfield and Cape Heights, from their chief executive and creative director, James Barshall. Founded in Hudson, Massachusetts in 1975, ...
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Article
Walltopia to build Adventure Hub in Ukraine
Walltopia, the Bulgarian company that designs and manufactures artificial climbing walls, is about to open its first “Walltopia Adventure Hub” entertainment center in Kiev, the capital of Ukraine. This futuristic indoor adventure structure will take a space in the Galaxy Family Entertainment Center, located within the Lavina Mall.The hub will ...
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News briefs
A.S. Adventure is reportedly preparing to open two stores in...
A.S. Adventure is reportedly preparing to open two stores in France next spring, in the Val d'Europe shopping district near Euro Disneyland, and in Nice One, a recently opened shopping mall in the southern French city by the same name. Owned by the A.S. Adventure Group, which further comprises Cotswold ...
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News briefs
VF Corp. has issued Eurobonds worth a total of €850...
VF Corp. has issued Eurobonds worth a total of €850 million. The proceeds from the senior unsecured notes, which carry annual interest of 0.625 percent, will be used for working capital requirements and general corporate purposes. They will provide a natural currency hedge for operations in Europe.
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News briefs
Lenzing has reported a net profit of €94.6 million for...
Lenzing has reported a net profit of €94.6 million for the first half of 2016, which represents an increase of 83.9 percent over the same period of last year. The Austria-based maker of botanic cellulose fiber attributed this strong performance to the implementation of a new strategy focusing on environmentally-friendly ...
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News briefs
Gore-Tex, which is celebrating its 40th anniversary this year, will...
Gore-Tex, which is celebrating its 40th anniversary this year, will use the opportunity of the European Outdoor Film Tour (EOFT) to launch #Goretex40, a marketing campaign that will involve the users in contests through the social networks and through various stores in October, November and December. The EOFT will run ...
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News briefs
The Western European sporting goods market grew by 3.8 percent...
The Western European sporting goods market grew by 3.8 percent in constant currencies in 2015, according to the annual analysis of retail sales in 15 countries conducted by SGI Europe. It was the same growth rate that had been registered in 2014, despite the absence of major sports events. In ...
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News briefs
More than 250 delegates are attending the European Outdoor Summit...
More than 250 delegates are attending the European Outdoor Summit in Barcelona in the next two days. The participants have already received their agenda and a list of the delegates to the annual convention. To help networking with one another, they will be able to use a new app that ...
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Article
Little growth for outdoor shoes in 2015
The major outdoor brands saw their sales of footwear grow by only 1.2 percent in terms of U.S.dollars in 2015, coming just under €5 billion for the year. They would have risen by more than 10 percent, especially outside the U.S., if currency exchange rates had remained constant.Our annual study ...
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News briefs
Samsonite has reported an increase of 20.9 percent to US$21.8...
Samsonite has reported an increase of 20.9 percent to US$21.8 million in the sales of Gregory Mountain Products for the first half of its financial year, ended June 30. Further expansion of the brand in Japan helped to drive a 17.6 percent currency-neutral increase. High Sierra, the more lifestyle-oriented brand ...
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News briefs
Wolverine Worldwide completed a debt refinancing program on Sept. 15,...
Wolverine Worldwide completed a debt refinancing program on Sept. 15, allowing the company to save about $30 million worth of interest payments through 2020 and giving it more flexibility in the use of cash. It will also make it easier to repurchase company shares under a recently announced $300 million ...
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News briefs
Sympatex Technologies has announced plans to introduce its first 100...
Sympatex Technologies has announced plans to introduce its first 100 percent recycled membrane. The Sympatex membrane is free from PTFE (polytetrafluoroethylene) and PFC (perfluorinated compounds), and is made of polyether-ester, which can be recycled. Over the past few years the Munich-based company has been re-using up to 15 percent of ...
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News briefs
Wolverine Worldwide will invest $1 or $2 million to expand...
Wolverine Worldwide will invest $1 or $2 million to expand its manufacturing plant in Grand Rapids, Michigan, adding 16,000 square feet of space and about two dozen new jobs by early next year. It will the first expansion in 70 years for the facility, which makes mainly shoes and boots ...
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