All Article articles – Page 100
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ArticleUpdate on EOG's 2021 Annual Assembly
The European Outdoor Group (EOG) held its annual meeting on Jan. 29. For the first time, the meeting was held digitally on Zoom but included all of the business the association typically covers at this event. Each EOG division provided an overview of its 2020 activities and an outline of ...
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ArticleEOG research results illustrate impact of Covid-19 and future opportunities
The European Outdoor Group (EOG) has provided an update to its market research program with recent findings from both the sell-in and sell-through projects. The State of Trade (SoT) measures sell-in wholesale trends in the outdoor industry and the Outdoor Retail Benchmark Report measures sell-through retail trends in the industry, ...
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ArticleWinners of the French Outdoor Awards Winter 2021
A jury of experts appointed by the French trade association Outdoor Sports Valley (OSV) has selected the three winners of this winter’s French Outdoor Awards in the categories of Innovation, Sustainability and Start-up. The winners were announced at a virtual OSV awards ceremony on Feb. 9 in the French winter ...
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ArticleGroup of investors takes over insolvent Sachsenring Bike Manufaktur
On Feb. 12, the responsible insolvency administrator, Dr. Philipp Hackländer of law firm White & Case Partner, sold Sachsenring Bike Manufaktur GmbH to an unnamed group of investors. The new company founded by the group, Zweirad Union E-Mobility GmbH & Produktion Co. KG, based in Sangerhausen, has taken over 75 ...
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ArticleScarpa introduces Green Manifesto
Scarpa has announced the Green Manifesto, a comprehensive strategy that summarizes the company’s pledge and initiatives for sustainability. The spirit of the manifesto revolves around five principles that start with the letters that compose the name of the company: S for sustainability; C for care; A for air; R ...
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ArticleRecord result for Craft's parent company
Efforts to prioritize costs, earnings and cash flow bore fruits in the fourth quarter of 2020, helping the New Wave Group to score record operating profits. Despite restrictions linked to the pandemic and canceled or postponed events, the Swedish company behind Craft and Cutter & Buck saw its operating results ...
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ArticleHaglöfs reports stable sales in 2020
Despite the prevailing pandemic and turbulent market conditions, Swedish outdoor brand Haglöfs reported that it managed to deliver net sales for 2020 in line with last year’s strong performance. The company did not provide any figures. According to CEO Fredrik Ohlsson, the ability to mitigate the crisis is mainly due ...
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ArticleVertical Pro trade show secures second important partner
The umbrella organization for aerial adventure parks and high ropes courses, IAPA (International Adventure Park Association), is the second conceptual partner of Vertical Pro, the new annual trade show organized by Messe Friedrichshafen, alongside the German Alpine Association (DAV) and its well-established Halls & Walls event. Source: IAPA ...
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ArticleDelivery problems take their toll on multichannel supplier Rose Bikes
After an extremely successful 2020 fiscal year with a 34 percent increase in sales, the Corona pandemic’s economic effects are now hitting German B2C bicycle supplier and retailer Rose Bikes. The Bocholt-based company speaks of a “lack of delivery reliability on the part of Asian component manufacturers. This has direct ...
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ArticleYeti’s sales and profits rocket
Yeti, the American brand of coolers and drinkware and other outdoor equipment, recorded a 26 percent gain in revenues for the three months ended Jan. 4, 2021, to $375.8 million, driven by strong growth in direct-to-consumer (DTC) sales. Products in the Coolers & Equipment and Drinkware segment led sales, as ...
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ArticleVF expands the role of equity in its labor policy
In line with its Council to Advance Racial Equity (CARE) and Inclusion, Diversity, Equity and Action (IDEA) initiative, VF Corp. is implementing a number of new measures in its labor policy. “All VF employees will participate in a foundational inclusion and diversity learning journey to ensure they share a common ...
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ArticleRip Curl continues to support Kathmandu’s performance
The acquisition of Rip Curl in October 2019 was a good one for Kathmandu Holdings. In a preliminary trading update, the Australian group said that its revenues for the six months ended on Jan. 31, 2021, progressed by 12 percent from the year-ago period, as Rip Curl’s strong performance offset ...
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ArticleNewell’s sales up by 2.5 %
Newell Brands’ revenues for the fourth quarter rose by 2.5 percent to $2.7 billion, as a core sales gain of 4.9 percent was partially offset by currency headwinds and divested businesses. The management said that it ended the fourth quarter on a very strong note, with six out of eight ...
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ArticleJack Wolfskin’s parent records higher losses on higher sales
Callaway Golf Co. saw its net loss in the fiscal fourth quarter deepen to $40.6 million, compared with a loss of $29.2 million last year. However, sales surged by 20.2 percent to $374.6 million, led by strong demand in the golf equipment segment and a quicker-than-expected recovery in the softgoods ...
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ArticleMips: Bicycle boom boosts bike helmet sales
For Sweden’s Mips AB and its Brain Protection System helmet technology (BPS), the 2020 fiscal year ended with a historic fourth record quarter. The quarterly and annual growth was driven primarily by the sports helmet category and bicycle helmets in particular. After a challenging spring with extensive store closures in ...
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ArticleRapala bounces back in the second half of 2020
The Finnish manufacturer of fishing lures had a difficult start in 2020, ending the first six months with a net loss of €3.8 million due to the impact of lockdowns. But in the second half, business picked up for Rapala VMC, as fishing gained popularity as an activity that is ...
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ArticleReGenerative Agriculture: How natural ingredient sourcing can create a climate positive garment
ReGenerative Agriculture (ReGenAg) is becoming a buzzword with several brands: Patagonia is using this type of cotton, Finisterre is sourcing the wool, Timberland – the leather, while The North Face (TNF) has already launched product using this wool but is currently integrating the cotton within their supply chain. The trend ...
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ArticleTecnica launches ski boot recycling project
Tecnica has introduced Recycle Your Boots, a project that aims to promote the circular economy by transforming old, used boots into second-generation materials. A ski boot is made of up to 120 components, which typically end up in the landfill, the company explains. Any skier who plans to buy a ...
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ArticleBrand relaunch for Pyua
The German brand Pyua, which has stood for sustainable outdoor clothing since its inception in 2008, has unveiled a new brand identity that is intended to stand even more uncompromisingly for its sustainability mission. For the brand relaunch, Pyua has focused on three principles: Purity, Versatility and, above all, Circularity. ...
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ArticleVF plans to eliminate single-use plastic packaging by 2025
VF Corp. has announced new sustainable packaging goals, defined as “a critical component of VF’s global sustainability strategy” for its large portfolio of brands, including The North Face, Vans, Timberland, Icebreaker and Eastpak, among others. The new targets revolve around the following four pillars : Eliminate all single-use plastic ...
