All Article articles – Page 136
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Gregory declines
Samsonite International saw mixed results in the third quarter of this year for its two backpack brands. High Sierra and Gregory had net quarterly sales of $14.5 million and $14.8 million respectively. This represented a year-on-year gain of 4.3 percent for the former, but a decline of 2 percent for ...
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Deckers raises guidance as earnings rocket
Thanks to continued profitability gains by Ugg and top-line growth by Hoka One One, Deckers Brands raised its guidance for the full year through next March, budgeting higher earnings on sales that should reach a range of $1,935 million to $1,960 million.The group's net earnings for its second fiscal quarter ...
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Robust quarter for Columbia
Columbia Sportswear has upgraded its guidance for the full year, after broad-based increases in sales and profits for the third quarter.The group's turnover moved up by 6 percent to $795.8 million for the three months, up by 7 percent in constant currencies, with equivalent increases for the apparel and footwear ...
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Clarus diversifies into natural skincare
Clarus Corp. has announced the acquisition of the assets of Skinourishment, the parent company of ClimbOn and other skincare brands. The financial terms of the deal have not been disclosed. Clarus is the parent company of Black Diamond and Pieps, and it recently bought another company, Sierra Bullets.The acquisition of ...
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Record results for Clarus
Clarus Corporation had a record third quarter, led by a strong performance from Sierra Bullets and continued strong growth across the Black Diamond brand. Continuing a favorable streak, the results led the company to enjoy a significant spurt on the stock exchange.Clarus' total revenues rose by 22 percent to $55.7 ...
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A new European chief for TNF
VF Corp. has appointed Jan van Leeuwen as the new European chief of The North Face. He is taking the place of Kate Smith, who left in July after 16 successful months working in European sales for the brand. Most recently, Van Leeuwen held a similar position at Vans, which ...
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Canada Goose steps into footwear
The fast-growing Canadian brand of outerwear announced earlier this month a definitive agreement for the acquisition of another Canadian company, Baffin Footwear & Apparel, indicating that this will “ultimately” help it to develop its own line of Canada Goose cold-weather footwear.In addressing financial analysts to comment on its spectacular results ...
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McTrek boosts its management
The German outdoor retail chain has announced the appointment of a manager with international experience, Dominik Poley, for the new role of chief operating officer. He will help accomplish the integration of McTrek Outdoor Sports with the Belgian-based A.S. Adventure Group, which acquired a 95 percent stake in its parent ...
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Booming Canada Goose raises its outlook
Canada Goose has upgraded its guidance for the full financial year after reporting stronger-than-expected results for its second quarter ended Sept. 30. It now predicts that its total revenues will increase by at least 30 percent for the year, up from the previously forecasted growth of 20 percent, with Baffin ...
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Bollé Brands is born
Peter Smith has been appointed to the newly created position of president and chief executive for Bollé Brands, the new company formed by A&M Capital to run the Bollé Safety business and the consumer eyewear and helmet business of Bollé, Cébé and Serengeti recently bought from Vista Outdoor for $158 ...
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Black Diamond boosts management
Black Diamond has hired Jan-Willem Driessen as its new global vice president of marketing and direct-to-consumer sales, Claire Diepenbrock as its new e-commerce marketing director, Brenna Priest as its new national field sales manager, and Meghan Clough as its new category director for Mountain division products.Driessen was most recently vice ...
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It’s Great Out There announces details of its collaboration with HorizonSports.tv
The It's Great Out There Coalition has announced the creation of a dedicated #itsgreatoutthere channel in collaboration with HorizonSports.tv, with content designed to inspire more people to get active in the outdoors. The coalition said that it has also agreed with HorizonSports.tv a special subscription offer. By following the instructions ...
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Eoca announces winning projects
The European Outdoor Conservation Association (Eoca) has unveiled the two projects which emerged as the winners from the members' vote, which closed on Nov. 9. The two winning projects are: Obsolete Facilities, France, nominated by Marmot; and Mending Paths and Protecting Arctic-Alpine Habitat on Carn Liath, Scotland, nominated by Montane. ...
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A good first Outdoor & Mountain Industry Summit
Outdoor Sports Valley (OSV), a French trade association that brings together companies in the outdoor and winter sports industries, organized the first edition of a new Outdoor & Mountain Industry Summit in Lyon on Oct. 19. The convention was deemed a success, as nearly 400 professionals in the mountain, outdoor ...
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Winter starts off favorably for Amer
The acquisition of Peak Performance and robust sales of winter sports equipment have driven another sales rise for the Amer Sports group in the third quarter,.The Finnish company has set in motion the sale of its cycling business, but has declined last week to provide any updates on a potential ...
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Pentland unveils new charity partners, all chosen by its staff
Pentland Brands has announced five new partnerships with charity organizations, based in both the U.K. and abroad, which will last until 2021. Pentland Brands is the name behind Speedo, Berghaus, Ellesse, Kickers and other well-known sports, outdoor and fashion brands. The new charities were all chosen by Pentland's employees, based ...
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Thule had mixed Q3 results
The Thule Group reported a 12.7 percent sales increase for the third quarter to 1.56 billion Swedish kronor (€150.6m-$170.4m). The growth in local currencies amounted to only 3.8 percent, with a drop of 4.4 percent in the Americas compensated for by a 7.8 percent increase in Europe and the rest ...
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Mammut defines its sustainability strategy until 2023
Mammut has published its corporate responsibility strategy for the next five years. The strategy is called “Mammut We Care.” Between now and 2023, the Swiss outdoor company intends to significantly reduce the environmental footprint of its collections and ban substances that damage the environment from its supply chains. The company ...
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Interesting new shareholders for Shackleton
Shackleton, the British brand of rugged outdoor apparel named after the famous Irish polar explorer, has secured an undisclosed investment sum from five prominent investors as it seeks to continue its steady growth. The influx of new investors includes John Smith, a former chief operating officer of Burberry; Nic Couchman, ...
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Hydro Flask records gains
Lower sales outside the U.S. didn't prevent the Housewares segment of Helen of Troy from posting a 19.4 percent sales increase to $137.5 million in the company's second quarter, ended on Aug. 31. The segment includes OXO and Hydro Flask, and without breaking down figures, the company said that a ...