All Article articles – Page 139
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Former Geox CEO will run Scarpa
Diego Bolzonello, a manager who built Geox into one of the world's biggest brands of casual footwear, has agreed to be the new chief executive of Calzaturificio Scarpa, working alongside its president, Sandro Parisotto, who previously shared the functions of president and CEO.Bolzonello will be the first CEO hired from ...
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A new grant by #itsgreatoutthere for campsites in city parks
The It's Great Out There Coalition has awarded its seventh #itsgreatoutthere grant to De Buurtcamping, or “Neighbourhood Campsite,” a Dutch project designed to help communities connect and to allow low income people to have a holiday through outdoor experiences in campsites set up in city parks. The new grant is ...
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Lafuma’s mountain brands buoyed by international sales
Outstanding winter conditions have helped to raise Groupe Lafuma's turnover by 2.1 percent to €83.1 million for the first half of this year, amounting to a rise of 3.5 percent in constant currencies.With the Lafuma, Millet and Eider brands, the mountain sports division reported a sales hike of 4.3 percent ...
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Rocky Brands’ restructuring efforts pay off
After recording heavy losses in 2016, Rocky Brands has been implementing several cost-cutting measures, while updating its manufacturing capabilities. It has now turned a corner, with profits rocketing in the second quarter of this year: net income jumped by 73.3 percent from the year-ago quarter to $2.65 million.The management attributed ...
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Arc’teryx and Suunto drive upbeat guidance
Robust demand for the Arc'teryx brand, winter sports equipment and sports instruments from Suunto enabled an upbeat guidance last week for the Amer Sports group's outdoor division in the second half of the year, after a mixed performance in the first half.The division's sales in this seasonally small quarter inched ...
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AKU is moving on several fronts
AKU, the Italian trekking and outdoor footwear company, has announced the acquisition of a factory in Serbia that will focus on the production of its Mountain Inspired line of travel lifestyle shoes, complementing the company's own plant in Montebelluna and a Romanian factory at Cluj Napaca that it has been ...
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Deckers posts record sales, aided by Hoka
Led by a strong performance by Hoka One One, Ugg and Teva, Deckers Brands posted a strong first fiscal quarter, with revenues reaching a record high of $250.6 million, up by 19.5 percent from the same quarter last year. On a constant currency basis, sales increased by 17.6 percent.Revenues from ...
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Erratic weather affects Fenix’ retail sales
Fenix Outdoor International's retail business was affected by the absence of spring weather in the second quarter in northern Europe, but the whole group managed to raise its sales after two acquisitions and stronger demand in the U.S. market.Martin Nordin, the group's chairman, explained in a statement that the weather ...
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Adelis buys Didriksons
Didriksons has been taken over by Adelis Equity Partners, an investment fund that acquired a majority stake in the Swedish rain and functional apparel brand from another fund managed by Herkules Capital.The price was not disclosed. Based in Norway, Herkules bought its majority stake in Didriksons four years ago and ...
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Eoca announces new members and €25,000 for conservation projects
Three new members have signed up with the European Outdoor Conservation Association (Eoca): Tentsile, a U.K producer of treehouses; Singtex, a Taiwanese high-tech, functional textile manufacturer; and Pajak, a Polish manufacturer of down-insulated gear.Eoca has also announced that it raised more than €25,000 for conservation projects in connection with the ...
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Strong results for Pentland
Pentland Group has reported a 14 percent increase to £376 million (€424.2m-$493.4m) in its operating profit before amortization of intangibles and extraordinary items for the year ended Dec. 31. The net value of its assets went up by 22 percent to £1,276 million (€1,439.6m-$1,674.3m).Total group revenues rose by 25 percent to ...
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New owners for Nomad
The Nomad Company has been acquired by Nederlands Merkgoed Capital, an investment firm that intends to form a group of sports and outdoor brands. Nomad was divested by the Kooijmans family, which started the Dutch outdoor brand in 1978. Owned by three investors who held leading marketing functions at groups ...
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Mountain Warehouse sells a minority stake
Inflexion Private Equity Partners has acquired a stake of 20 percent in Mountain Warehouse for about £45 million (€51m-$59m), which values the fast-growing British outdoor retailer at about £310 million (€350m-$410m).Mountain Warehouse will continue to be run by Mark Neale, its founder and majority shareholder. Established in 1997, the retailer ...
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Vaude outperforms the outdoor market
Vaude appears to show that investments in sustainability resonate with consumers, as the brand outperformed again last year with a sales increase of 6.3 percent to about €103 million. They jumped by another 7.3 percent in the five months to June, with a jump of nearly 20 percent in winter ...
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Product innovation at the OutDoor show
A Nordic chain saw, a hybrid mat, two types of shoes and recycled Spandex were among the eleven products that received an OutDoor Gold Award for exceptional innovation in sustainability, design or functionality at the OutDoor show in Friedrichshafen last month. In total, the awards acknowledged 37 new and innovative ...
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Walltopia reaches new heights
The decision made by the Walltopia Group last September to hike its product prices by 15 percent has had no discernable impact on the company's growth, the management says. The Bulgarian manufacturer of artificial climbing structures says it is still growing at a strong and steady pace, as it rides ...
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Outdoor synergies in the Rossignol Group
Raidlight-Vertical, the French outdoor company that the Rossignol Group bought in 2016, launched a highly technical trail running shoe for the spring/summer 2019 season based on a cooperation with the Italian R&D office of Lange in Montebelluna, one of the ski boot brands of the group. The new shoe, which ...
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A new Italian trade show on Lake Garda
Called Outdoor Business Days, the new Italian B2B show will be held in a brand-new 2,000-square-meter convention center at Riva del Garda on July 15 and 16, featuring more than 60 brands. Ispo has just agreed to act as a sponsor, while The North Face has taken on the role ...
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Ispo outlines its new outdoor format
The new OutDoor by Ispo fair, which will be held for the first time in Munich from June 30 to July 3, 2019, will occupy nine halls on the east side of Messe München's fairgrounds. It will be divided into three sections for different types of exhibitors, and it will ...
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Sea to Summit focuses on innovation
For Sea to Summit, the feisty Aussie makers of super-slim and lightweight hiking and camping gear, a focus on product innovation is paying dividends with the company reporting double-digit growth for the fifth year in succession. Without giving a specific figure for its turnover, the company's management told The Outdoor ...
