All Article articles – Page 113
-
ArticleRossignol to sell Raidlight except for Outdoor Experiences division
The Rossignol Group has announced the sale of Raidlight Vertical, a French company specializing in footwear, apparel and equipment for trail running and ski touring, with an annual turnover of around €8 million. It will only keep and expand its Outdoor Experiences division, which organizes trail running, Nordic walking, mountain ...
-
ArticleFESI welcomes free trade agreement between EU and Vietnam
The Federation of the European Sporting Goods Industry (FESI) is welcoming the long-awaited formal entry into the Free Trade Agreement between the European Union and Vietnam (EVFTA) on Aug. 1. After more than eight years of negotiations, the EU and Vietnam will finally benefit from a free trade agreement that ...
-
ArticleNewell sales drop by 20%
Currency headwinds and the effects of the Covid-19 pandemic caused Newell Brands’ revenues for the second quarter to drop by 14.9 percent to $2.1 billion. The gross margin contracted by 3.4 percentage points to 31.5 percent due to measures to reduce debt, currency fluctuations and unfavorable mix. During the period, ...
-
ArticleJohnson Outdoors tries to keep up with post-lockdown demand
Strong Fishing, Watercraft Recreation and Camping sales after the lockdowns were eased in May and June were not enough to counter the effect of store closures in April. However, the management said that demand has now picked up and the challenge is keeping pace with it, with a focus on ...
-
ArticleVF expects improvement despite difficult Q1
Despite posting steep declines in revenues and earnings for its first quarter ended on June 30, the management of VF Corp. insisted that the company is in a strong position to get through the coronavirus pandemic because of its “financial and operational rigor” and the progress it has made in ...
-
ArticleHoka’s momentum saves Deckers’ quarter
Despite headwinds from Covid-19, and a 10 percent decline for Ugg, robust sales at Hoka One One helped Deckers Brands grow in its first fiscal quarter ended on June 30. They progressed by 2.3 percent from the same period last year to $283.2 million, or by 2.8 percent in constant ...
-
ArticleColumbia ends Q2 with loss
After a difficult first quarter to 2020 because of the Covid-19 pandemic, Columbia Sportswear Company is not having more luck in the second one. It has posted a net loss of $50.7 million, compared with net income of $23.0 million for the year-ago quarter, while sales dropped by 40 percent ...
-
ArticleColumbia Sportswear releases 2019 Corporate Responsibility Report
Columbia Sportswear Company (CSC) released its 2019 Corporate Responsibility Report, which includes highlights from the progress made throughout 2019 in the three main areas of focus in its corporate responsibility strategy – empowering people, sustaining places and responsible practices. The 56-page report assesses work accomplished in 2019 by its four ...
-
ArticleRussian outdoor goods industry resumes operation
Russian outdoor industry companies hit by the Covid-19 pandemic are gradually getting back to business. N1Sport – according to its owner, Alexey Surkin – has not only resumed production but expanded its range, beginning to manufacture athletic apparel for the mass market under the Sterin brand. The first products in ...
-
ArticlePeak Performance releases 2019 Sustainability Report
With its Sustainability Performance Report 2019, Peak Performance provides information about its sustainability work and the progress the brand made last year. In 2018, the Swedish outdoor brand published its first sustainability report and has since continued to push the agenda. The brand says it has made significant progress in ...
-
ArticleLafuma Group hit by Covid-19 amid restructuring
Groupe Lafuma said the company was “shaken” by the Covid-19 pandemic in mid-March during a period of structuring its brand portfolio and activities. It has made efforts in the past months to adapt to structural changes in its markets and in customer consumption patterns, including investments to improve the customers’ ...
-
ArticlePatagonia starts campaign for regenerative organic farming
Believing that it is one of the most effective ways to combat climate change and feed a growing population while maintaining a healthy planet, Patagonia will be drawing attention to regenerative organic farming this fall. Switching from industrial agriculture to regenerative organic farming creates healthy soils that bind significantly more ...
-
ArticleU.S. Congress passes Great American Outdoors Act
On July 22, the U.S. House of Representatives voted in favor of the Great American Outdoors Act. The bill, which passed by a bipartisan vote of 310-107, is now headed to President Donald Trump in order to become law. In a public statement, the Outdoor Industry Association (OIA) celebrated the ...
-
ArticleGarmin hit by cyber attack
Garmin confirmed that the company was the victim of a cyber attack on July 23 in which some of Garmin’s systems were encrypted by outsiders, resulting in a significant failure of the company’s popular fitness tracking services. The German news site Spiegel Online reported indications that the company was attacked ...
-
ArticleForced labor in China: brands to stop sourcing in Xinjiang
A coalition of more than 180 civil society organizations last Thursday urged the global apparel industry to stop sourcing in the Xinjiang region of China because of the “serious risk of forced labor.” Human rights activists estimate that at least one million Uighurs and other Muslims are held in prison ...
-
ArticleVaude introduces repair index
Vaude has introduced an innovative new tool called Repair Index to systematically embed repairability in product development to ensure that products are designed to be as repairable as possible from the very first product idea. With the new tool, the repairability of Vaude products can now be evaluated. A comprehensive ...
-
ArticleThe French are outdoor passionate; camping strong after lockdown
A YouGov France survey has revealed that 62 percent of the French people participate in outdoor activities. The French favorite outdoor activities are hiking (58 percent), cycling (also at 58 percent) and swimming (43 percent). Hiking is especially successful in the 55 or older age group (70 percent of respondents ...
-
ArticleSwiss sports retailers predict 10% sales drop
Excluding bikes, which are becoming more popular in the country, the Swiss sporting goods market achieved modest growth of 1.4 percent in 2019 in comparison to the previous year, according to the Swiss Association of Sports Retailers (Asmas), which compiled the figures in collaboration with the GfK market research institute. ...
-
ArticleTatonka remains a strong retail partner after the lockdown
German outdoor brand Tatonka, founded in 1993 and family-run from the beginning, is starting the 2021 ordering season with an adjusted product range and a bisected hardware collection in reaction to the recent corona-related lockdowns. The “2021_1” collection, delivered in the first half of 2021, will include a well-balanced mix ...
-
ArticleOberalp releases handbook with sustainability guidelines
The fourth consecutive annual sustainability report of the Italian Oberalp Group, entitled “Contribute,” has been supplemented by a series of new guidelines for more sustainability in the mountains. While Salewa, Dynafit and Wild Country were awarded “Leader” status by the Fair Wear Foundation for the third consecutive time, many other ...
