All Article articles – Page 116
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ArticleWolverine performs better than expected
Wolverine Worldwide told analysts at the Baird 2020 Global Consumer, Technology, and Services Conference on June 4 that its sales were better than expected in the first nine weeks of its second quarter, falling by less than 50 percent overall. The impact of the coronavirus-related retail lockdown was partly offset ...
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ArticleLive digital “Re.start Days” conference by Ispo on June 30 and July 1
With the Ispo Re.Start Days, the Ispo Group is organizing a digital conference for the sports and outdoor industry on June 30 and July 1 to provide orientation in the “new normality” during and after the Covid-19 pandemic. Based on its 2020 anniversary, Ispo proclaimed “50 years of tomorrow” at ...
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ArticleCanada Goose was resilient against Covid-19
(SGI) Canada Goose Holdings was not hit as hard as other clothing brands by the pandemic, which it attributed to the seasonal nature of its business. While it felt the impact of store closures late in its fiscal year, which ended on March 29, 2020, its peak activity time had ...
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ArticleThe outdoor community supports Black Lives Matter
It started last Tuesday, when large parts of Social Media turned dark: Companies, celebrities and private individuals darkened their posts and media feeds, placed solid black images or meaningful solidarity texts on black backgrounds, all connected by the hashtag #blacklivesmatter. And not only in the USA, the country where, after ...
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ArticleRab and Lowe Alpine join Fair Wear Foundation
The British outdoor brands Rab and Lowe Alpine, subsidiaries of Equip Outdoor Technologies UK Ltd, have joined the Fair Wear Foundation. For Rab and Lowe Alpine, this is an important milestone in their sustainability strategy and underlines their efforts to improve their ethical, social and environmental standards and to take ...
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ArticleMelody Harris-Jensbach to leave Jack Wolfskin
Melody Harris-Jensbach, who has been running Jack Wolfskin for the past six years, will soon be leaving the German outdoor brand. According to a press release, Callaway Golf Company, which took over Jack Wolfskin at the beginning of 2019 for around €418 million, and Harris-Jensbach had already agreed on her ...
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ArticleWGSN sees three major consumer groups emerging from the crisis
The coronavirus pandemic has accelerated societal changes and is forcing industries worldwide to adapt to the resulting changes in consumption. Thus, WGSN has set out to predict what consumers will be looking for in the next couple of years. In its annual Future Consumer white paper, the trend forecasting company ...
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ArticleTecnica Group performs better than expected
Tecnica Group reported better-than-expected results for 2019, adding that e-commerce and sales of outdoor products and inline skates were positive in the first quarter of 2020, despite the Covid-19 pandemic. The net turnover of the group went up by 6.4 percent to a record €424 million in 2019, which was ...
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ArticleVirtual Thin Air Outdoor Media Show opens up to retailers
Conceived initially as a virtual media show to fill an important information gap in the American market following the cancellation of the Outdoor Retailer Summer Market in Denver, the ”Thin Air Virtual Media Show” is now also aiming at retail buyers. The new U.S. virtual outdoor trade show will take ...
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ArticlePreliminary analyses of first virtual sales conventions
The first virtual sales conventions organized by Schöffel and Oberalp went well, according to the two companies. Schöffel’s 100-percent digital sales meeting was held on May 19 and 20, involving roughly 130 participants from about 15 countries in all the major markets, more than originally expected. According to YouTube, a ...
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ArticleIspo measures the pandemic’s effects on sports retail
Ispo has released the results of a survey it launched on April 9 to determine the effects of the pandemic on European sports and outdoor retailers. Among other interesting points, the survey indicated that Covid-19 began to strike their businesses early, that many resorted to home deliveries and the internet ...
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Articlemyclimate presents new record figures for 2019
myclimate, the international carbon offset foundation, has published its annual results for 2019. The international non-profit organization with Swiss roots was able to significantly increase the total revenue from its three business areas of education, consulting and solutions, as well as the offsetting of CO2 emissions. In 2019, the total ...
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ArticleSchöffel organizes first digital sales meeting
Outdoor brand Schöffel held its first virtual sales meeting on May 19 and 20. The family-owned company from Schwabmünchen in southern Germany quickly created an extensive program with product presentations, video contributions, webinars, discussions and live broadcasts across national and continental borders. The venue for the digital sales meeting, which ...
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ArticleThe North Face, Patagonia amongst brands to support U.S. Public Lands Defense Fund
In the U.S., outdoor brands Velocio, Patagonia, and The North Face are supporting The Conservation Alliance’s effort to preserve and defend the integrity of the American public lands system in 2020. Thanks to the support of these companies, The Conservation Alliance, founded in 1989 to support grassroots environmental organizations and ...
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ArticleVF claims it can hike through the Covid storm easily
In releasing its financial results for the fourth quarter ended on March 31, the management of VF Corp. insisted that the company is in a better position than some of its competitors to navigate through the “storm” caused by the coronavirus pandemic for several reasons, including good liquidity, a flexible ...
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ArticleOdlo has a new owner
Monte Rosa Sports Holding AG, a company based in Switzerland, has acquired Odlo International, the Swiss producer of functional sports underwear, together with all its national subsidiaries, from Herkules Fund III. The transaction was completed on Wednesday, May 13, for an undisclosed price. Odlo was founded in 1946 in Oslo ...
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ArticleInuheat appoints Thiel, Schmid and Wennerholm to the board
Johan Thiel has been appointed chairman of the board of Inuheat Group, a Swedish developer of novel solutions for embedding wearable heating into clothing. Thiel served as chief executive of MIPS AB from 2013 to 2019. In 2017, he successfully guided MIPS to a public offering on the NASDAQ exchange ...
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ArticleDivestitures helped Vista Outdoor
The Outdoor Products division of Vista Outdoor, which groups brands such as Bell, Giro, Camelbak, Camp Chef and Bushnell Golf, recorded a 9 percent drop in sales to $132 million in the fourth quarter ended on March 31, largely due to restrictions related to the Covid-19 outbreak. Sales of hydration ...
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ArticleYeti offers more shares after a good Q1
Yeti has announced a secondary offering of 15 million shares by the Seiders family and some of its shareholders. It’s the third time that insiders have sold large batches of shares since the American maker of camping coolers and drinkware went public in 2018. The latest offering came after Yeti’s ...
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ArticleHoudini releases whitepaper for a sustainable post-Covid-19 world
A year ago, when Swedish brand Houdini Sportswear launched the project to explore regenerative lifestyles that could support the goals of the Half-Earth Project, no one was expecting a coronavirus pandemic with all its consequences. With Covid-19, the world has changed in profound ways and in just a few weeks; ...
