All Outdoor Industry Compass articles in Volume 9, Issue 23-24
View all stories from this issue.
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Article
Warm weather reduces store traffic for Peak Performance
With six added stores, Peak Performance saw its turnover move up by 1.5 percent to the equivalent of 348 million Danish kroner (€46.8m-$49.5m) for the quarter until the end of September but its Ebit margin contracted by 4.9 percentage points to 17.8 percent for the three months, as it spent ...
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Article
Newell’s outdoor segment posts a loss
Higher sales for Pure Fishing were more than offset by a sales decline at Coleman during the third quarter, leading Newell Brands to report a 3.2 percent drop on a comparable basis for Jarden Corporation's former Outdoor Solutions segment, excluding the snow sports brands held for sales. Furthermore, Marmot Mountain ...
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News briefs
Polartec has released a new version of its NeoShell waterproof...
Polartec has released a new version of its NeoShell waterproof fabric, specifically designed for Teton Bros, the Japanese apparel brand. The new NeoShell has been tailor-made for Teton Bros' Special Edition Jacket. Teton, which makes apparel for high-exertion activity in mountainous areas, was one of the first brands to use ...
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News briefs
The Ispo Textrends section at Ispo Munich will introduce for...
The Ispo Textrends section at Ispo Munich will introduce for the first time an Eco Area next February for innovations that protect the environment while enriching the market. Furthermore, new products that are environmentally friendly will be given bonus points by an Ispo Award Eco judging panel.
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Article
Weak U.S. wholesale market impacts VF
The North Face's turnover soared by 20 percent in constant currencies for the third quarter in Europe, the Middle East and Africa (EMEA), but this ample rise could not make up for weakness in the North American wholesale market. This has more broadly affected sales at VF Corporation, the owner ...
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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
Greenpeace Italy has released a new report pinpointing what it...
Greenpeace Italy has released a new report pinpointing what it describes as four global “pollution hotspots” where chemical companies producing per- and polyfluorinated chemicals (PFCs) have contaminated the environment, raising concerns about the health of surrounding residents. The four production sites identified by Greenpeace as pollution hotspots are located in ...
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Article
Gore opens two new testing labs
W. L. Gore Associates has opened a new state-of-the-art Biophysics and a Heat and Flame Protection laboratory in Elkton, Maryland. The new facilities are supposed to allow Gore engineers to very quickly assess the performance of component materials while developing new understanding and technologies. The Biophysics lab helps ...
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News briefs
Helly Hansen is an official supplier of Vendée Globe, the...
Helly Hansen is an official supplier of Vendée Globe, the round-the-world solo yacht race that started in France on Nov. 6. It is providing the outerwear, tested by professionals, for 130 skippers and more than 200 organizers. Four Helly Hansen ambassadors will also personally participate in the race. They are: ...
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News briefs
Sealskinz has set up a German sales subsidiary at Ottensoos,...
Sealskinz has set up a German sales subsidiary at Ottensoos, near Nuremberg, which will also cover the markets of Austria, Switzerland, Italy, Poland, the Czech Republic, Slovakia and Slovenia for the British high-performance sports and outdoor apparel company. The new subsidiary will be run by Marc Wachter, a 40-year-old manager ...
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News briefs
Gerber, the Oregon-based maker of personal knives and multitools, has...
Gerber, the Oregon-based maker of personal knives and multitools, has announced the expansion of local employment and plant operations to a 24/7 schedule following the addition of a third shift at its Portland plant. Gerber makes products such as the StrongArm Fixed Blade, Impromptu Tactical Pen, 06 and Covert Automatic ...
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Article
Thule makes further progress
The Thule Group continued to improve its profitability in the third quarter to Sept. 30. The company's operating income (Ebit) went up by 17.1 percent to 243 million Swedish kronor (€24.8m-$26.3m), raising the operating margin to 17.8 percent from 15.5 percent in the year-ago period. Even after currency adjustments, the ...
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Short stops
Reiner Gerstner, former marketing manager of the Oberalp Group, is...
Reiner Gerstner, former marketing manager of the Oberalp Group, is now doing a similar job for TQ Group, a leading electronic engineering company based in Seefeld, near Munich
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Short stops
With financial help from the Italian government, the Italian sporting...
With financial help from the Italian government, the Italian sporting goods industry association, Assosport, has invited foreign buyers of outdoor products to a two-day workshop with Italian producers this week
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Article
Fenix Outdoor raises sales and profit
Warm weather in September affected sales of Fenix Outdoor International around the end of the third quarter, yet the Swedish-based outdoor brand owner and retailer managed raise sales and a more significant increase in operating profit for the three months until the end of September. The entire group's sales were ...
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News briefs
JD Sports Fashion is proposing a stock split. The fast-growing...
JD Sports Fashion is proposing a stock split. The fast-growing British retailer has called shareholders to a general meeting on Nov. 24 to approve it. The proposed move would involve splitting the company's existing ordinary shares, which have a nominal value of 1.25 pence each, into five new ordinary shares ...
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News briefs
The European Outdoor Group has hired a new sustainability project...
The European Outdoor Group has hired a new sustainability project manager, Katy Stevens. Based in Germany, she will work with Pamela Ravasio, who is also in charge of corporate social responsibility, to help the EOG and its members to develop sustainability programs. Stevens is a textile chemist with many years ...
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Article
The outdoor industry develops in France’s Rhône-Alpes region
Outdoor Sports Valley (OSV) and the department of Haute-Savoie, in the Rhône-Alpes region of eastern France, have presented the results of the 3rd edition of the Observatory of the Outdoor sector. In 2015, the cumulative sales of the companies in the sector across the eight departments of the region grew ...
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Article
Jack Wolfskin heading for debt restructuring?
Jack Wolfskin could reportedly face debt restructuring measures relating to debt of €365 million, as the German outdoor brand's performance is deteriorating and it may struggle to comply with the conditions set forth in agreements with lenders. While Jack Wolfskin declines to comment on the situation, Reuters reports that the ...
