All Article articles – Page 114
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ArticleBergans starts second mobile repair tour through Norway
Together with students from the fashion school Esmod, Bergans of Norway is to continue its “Tour de Sy” through Norway this August, offering all kinds of repairs for hiking clothes. Last summer, the Bergans repair vehicle was on its first Tour de Sy through the East and South of the ...
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ArticleFenix’s recovery driven by Europe
After a difficult first quarter due to Covid-19 restrictions, Fenix Outdoor International started seeing a small retail recovery in April with strong increases in online sales, making up for some lost sales in brick-and-mortar stores. In May and June, the improvement continued and was also supported by improved physical stores’ ...
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ArticleThule gets sales rebound late in the quarter
Thule Group, the Swedish company best known for its roof boxes and bike racks, but also selling strollers, luggage and roof tents, saw its net income for the second quarter drop by 25.6 percent from the year-ago quarter to 312 million Swedish kronor (€30.5m-$34.8 m), while revenues went down by ...
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ArticleState Of Trade: The Outdoor industry has grown in 2019
With its State of Trade market research project, the European Outdoor Group (EOG) has been delivering results on industry-wide sales for ten years. Since its launch in 2010, State of Trade has grown into the most comprehensive and robust market research project for the European outdoor sector. The latest results ...
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ArticleGore-Tex brand supports Protect Our Winters
On the initiative of an employee already involved with Protect Our Winters (POW), the Gore-Tex brand has now officially announced its corporate support for the climate protection organization in Germany, Austria and Switzerland. POW provides educational services on climate change and implements actions for and with the outdoor sports community ...
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ArticleCraghoppers wins Brand of the Year at Drapers Sustainable Fashion Awards
With its inaugural Sustainable Fashion Awards, London-based B2B fashion magazine Drapers seeks to recognize the industry’s progress in the reduction of its environmental impact and in creating fairer working conditions throughout its supply chain. The awards range from Brand and Retailer of the Year to the Best Supply Chain Initiative ...
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ArticleBurton transforms retail experience with NewStore’s omnichannel platform
NewStore, a leading omnichannel store solution from Berlin, has revealed that Burton Snowboards has started to run its stores on the NewStore Omnichannel Platform. With a mobile point of service (mPOS) and inventory and fulfillment solutions available on iPhone apps, the snowboard company’s stores will benefit from a more intuitive ...
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ArticleXXL is back on track
(SGI) After many quarters stuck in a downward spiral, XXL ASA, the leading Nordic sports retailer, has been taking drastic steps to turn the business around such as cutting costs, clearing inventory and searching for new “sustainable” sources of liquidity other than new equity. This has started to bear fruit. ...
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ArticleAnta Sports issues warning on first-half profits
Anta Sports Products said it expects to report a drop of about 25 percent in its earnings for the first half of this year, largely as a result of restrictions implemented during the Covid-19 crisis. They are even expected to be down by 35 percent from the year-ago period when ...
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ArticleNew EU Platform-to-Business regulation for fair Internet business
On July 12, 2020, a new Platform-to-Business Regulation (P2B) came into force in the European Union to ensure more transparency and fair competition from Internet marketplaces and online platforms. One of the reasons for the new quidelines is that the business of the affiliated retailers is largely dependent on the ...
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ArticleBergzeit strengthens IT division and CSR management
Bergzeit is strengthening its management team with Alexander Bednarz as head of IT. Bednarz is an internationally experienced e-commerce and software specialist. The graduate in business informatics will be responsible for the newly structured areas of business intelligence, online product management, software development and network & systems. The expansion and ...
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ArticleOutdoor industry stocks rebound in Q2
Feeling that the outdoor sports sector is going to survive the Covid-19 crisis better than other sectors of the economy, investors have given it a bonus, raising the average share price of 12 major public outdoor companies by 29.5 percent between the end of the first quarter and the end ...
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ArticleBuy online = Buy local: Intersport Germany refines its multichannel model
Intersport Germany is combining its online shop and local sports shops. Under the motto “Buy online = Buy local,” products ordered online on Intersport Germany’s website are now distributed by “playmaker principle” to local brick-and-mortar shops, from where they reach the consumer the shortest possible way. In addition to free ...
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ArticleHydro Flask recovers thanks to store reopenings and outdoor boom
Helen of Troy, operating out of El Paso, Texas, reported that sales of its Housewares segment, which includes Hydro Flask, declined by 3 percent to $140,628,000 in the first quarter ended on May 31 as compared to the year-ago period, primarily due to the temporary closure of key U.S. ...
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ArticleIspo Shanghai with new visitor record
Ispo Shanghai closed on July 5 with a total of 17,776 visitors in three days, 14 percent more than a year ago – a pretty good result considering that it was the first major show in our industry to be held offline after the cancellation of Ispo Beijing and other ...
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ArticleOnline sales support Kathmandu and Rip Curl
Kathmandu Holdings told investors that it expects a 30 percent drop in adjusted Ebitda for the current financial year, in spite of strong online sales during the recent corona-related retail lockdowns in Australia and double-digit sales increases overall after its stores reopened. While it is still more than half way ...
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ArticleGo Outdoors woes hit JD Sports’ outdoor division
UK retailer JD Sports Fashion announced its final results for the financial year ended on Feb. 1 and said annual losses at its Outdoor division widened as it felt the impact of troubles at the Go Outdoors chain. Operating losses at Outdoor were £16.3m (€18.1m-$20.5m), wider than the £4.3m in ...
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ArticleHow do retailers handle excess inventory in times of Covid-19?
(Originally published on Shoe Intelligence) Managing stock has always been a tricky part of any business. But it becomes even more so when demand evaporates overnight as occurred with the outbreak of the Covid-19 pandemic and the subsequent lockdowns worldwide, prompting manufacturers and retailers to be nimble and explore various ...
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ArticleeVent has a new owner
eVent fabrics, a Missouri-based developer of waterproof apparel, has announced that as of June 30, Performax Pro has assumed full ownership of the brand after acquiring it from Parker Performance Materials for an undisclosed sum. Performax Pro, based in Hong Kong, is a provider of performance fabrics in Asia, the ...
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ArticleCovid-19 drives rent renegotiations, partnership
(Originally published on Shoe Intelligence) Retailers from Europe to the U.S. have sought rent relief as they reel from Covid-19 shutdowns and reopen stores faced with higher costs to meet health and safety requirements and uncertain sales prospects. Although some landlords have taken a hard line, many are trying to ...
