All Article articles – Page 138
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Wolverine’s new plan is working out well
Wolverine Worldwide is again actively looking for additional brands to acquire, not only in the footwear sector, but also in apparel and leathergoods, with a preference for the women's segment, where it is relatively under-represented. The multiples requested by the sellers have increased, said Blake Krueger, chairman, chief executive and ...
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Strategic investments pay off at Mammut
The strategic plan launched at Mammut Sports Group appears to start paying off as it sharply raised its sales and reduced its operating loss for the first six months of this year, pushed up by product launches and own retail sales.The sporting goods division of the Conzzeta group, which owns ...
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GoPro sees profits on the horizon
GoPro reported a net loss of $37.3 million for the second quarter, up from $30.5 million in the same period of 2017, and the gross margin fell by 6.1 percentage points to 29.5 percent. However, the management said it expects to generate a profit in the second half of this ...
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Macpac’s new owner expands store network
After its acquisition of Macpac for 144.0 million New Zealand dollars (€81.9m-$95.77m) in March, the outdoor retailing division of the Super Retail Group (SRG) in Australia raised its turnover by 4.8 percent to A$ 579.8 million (€363.2m-$423.4m) for the full year to the end of June, generating a 16.5 percent hike in ...
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Record sales and earnings for Johnson Outdoors
Thanks to strong sales of warm-weather outdoor recreation products, Johnson Outdoors posted record profits and sales for its third fiscal quarter ended June 29. In particular, the company said it recorded unprecedented growth in its flagship fishing brands, which it attributed to a focus on consumer-driven innovation.Total revenues jumped by ...
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Vista Outdoor will put down its guns
Vista Outdoor saw its stock market price surge by 15 percent as it indicated that it plans to sell its much-contested and loss-making Savage firearms operations, likely before the planned disposal of its sports protection brands - Bell, Giro and Blackburn. Some major North American outdoor retailers said a few ...
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Vaude discusses it newest sustainability program
Vaude has released its annual sustainability report for 2017 online, highlighting in particular the company's recent launch of a Vendor Management program. This supplier management program is a comprehensive system used to guide and support the company's partners throughout the entire business relationship.The Vendor Management program was launched with a ...
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De Waard rescued, Vrijbuiter uncertain
De Waard, the Dutch brand of sturdy family camping tents, was acquired by the Sunshine Group, shortly after it filed for insolvency earlier this month. De Waard previously belonged to Vrijbuiter, a Dutch group of four large-scale camping and outdoor stores which was declared bankrupt at the end of July ...
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Marmot outperforms Coleman
Newell Brands said it was encouraged by Marmot Mountain's performance during its second fiscal quarter, ended on June 30. However, weak sales at Coleman led its Home and Outdoor Living unit to post a 7 percent drop in sales to $742 million for the period, leading to a reduced operating ...
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VF will spin off its denim business
VF Corporation is preparing to split into two independently traded companies through the proposed spin-off of its jeans division to its own shareholders, forming a more focused outdoor, action sports and workwear business based in Colorado.The owner of Vans, The North Face, Timberland, Icebreaker and several other sports and outdoor ...
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Black Diamond grows strongly
Reporting on a very strong second quarter, driven by a growing momentum for the Black Diamond Equipment brand, its parent company, Clarus Corporation, improved its guidance for the full financial year.Beating analysts' estimates, the group's revenues went up by 50 percent to $45.9 million during the period, to June 30, ...
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Allied Feather & Down issues market update
Allied Feather & Down recently released an updated market analysis in which it highlights the current trends in the market of feather and down materials. According to the report, the market, which has been rising steadily since September 2016, has gone up at an even faster rate more recently due ...
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Canada Goose scores 58% revenue growth
Led by the direct-to-consumer channel, Canada Goose's revenues soared by 58.5 percent to 44.7 million Canadian dollars (€29.9m-$34.0m) for its fiscal first quarter ended June 30. The management mentioned “exceptional” levels of performance in its own stores for this off-peak period of the year.The wholesale revenues of the Canadian maker ...
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ACT for the Outdoors raises €48,000 for the environment
ACT for the Outdoors is a new program initiated by Outdoor Sports Valley (OSV), the French outdoor sports industry cluster, intended to mobilize outdoor businesses to contribute to the preservation of the environment and promote the development of outdoor practices in a sustainable development approach in the sector. According to ...
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New September outdoor show in Friedrichshafen
Messe Friedrichshafen, which has been organizing the European OutDoor show owned by the European Outdoor Group (EOG) for the past 25 years, yesterday unveiled a new format and a new timing for a trade show that will be mainly targeting retailers operating in Germany, Austria and Switzerland.Vendors, their agents and ...
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Garmin’s fitness segment sees sales rocket
Garmin's fitness segment had a stellar second quarter, with a 24 percent increase from the year-ago quarter to $225.1 million In contrast, sales in Garmin's so-called outdoor segment improved by 4 percent to $201.6 million with all product categories contributing to the growth. The gross margin in this segment declined ...
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Moncler posts double-digit sales and profit increase
Moncler posted consolidated revenues of €493.5 million in the first half of 2018, up by 21 percent at current exchange rates as compared to the first half of last year. On a currency-neutral basis, Moncler's growth reached 27 percent. The turnover was lifted by the group's sales in Asia, which ...
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VF rejigs its growing, purpose-led outdoor division
The investments made by The North Face in the women's outdoor market have started to pay off, as sales of women's performance products were among the drivers of an 8 percent sales hike for the outdoor brand in the three months to the end of June, the first quarter in ...
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Columbia Sportswear outperforms
Columbia Sportswear raised its guidance for the full year after a second quarter that was stronger than anticipated, with a sales jump of 21 percent to $481.6 million and the outdoor group's first profit in eleven years for this seasonally small quarter.Widely spread across regional markets, the sales increase amounted ...
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CEO change at Odlo
Knut Are Høgberg has been appointed to take over as chief executive at Odlo, the Swiss outdoor brand, after nearly three years as chief operating officer and deputy CEO. He has formally taken over this month from Christophe Bézu, who has driven far-reaching adjustments in the Swiss outdoor brand's distribution ...
