All Article articles – Page 142
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Moncler posts double-digit growth in all regions
Moncler reported consolidated revenues of €332.0 million for the first quarter of 2018, up by 20 percent from the first quarter of 2017. The increase at constant exchange rates was of 28 percent. The performance was driven by double-digit growth in all geographical areas.In Italy, revenues rose by 10 percent ...
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Canadian Tire agrees to buy Helly Hansen
Helly Hansen is to be acquired by Canadian Tire Corporation (CTC), one of its largest retail partners, in a deal valuing the Norwegian outdoor, skiing and sailing brand at nearly one billion Canadian dollars.The agreement for the acquisition comes less than six years after Helly Hansen was taken over by ...
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More action for #itsgreatoutthere
The latest action announced by the It's Great Out There Coalition, which continues to grow, is a grant that has been awarded for an interesting project intended to provide evidence that the performance of disadvantaged children in their school education can be improved with more intense physical activity.The project involves ...
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Inov-8 is expanding quickly
The British brand of running shoes is reporting a particularly strong 60 percent increase in forward orders in the Europe, the Middle East and Africa (EMEA) region, led by Scandinavia, Germany and the U.K. Globally, the company's orders for off-road footwear are up by 20 percent, with significant growth in ...
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Eoca welcomed 13 new members and exceeded its targets in 2017
The European Outdoor Conservation Association (Eoca) has just released its 2017 Annual Report, in which it summarizes the association's achievements last year. Eoca welcomed 13 new members in 2017: Blackyak, Bestway Europe, Ultralight Outdoor Gear, Proagencies, Wildo Sweden, PT Tasindo Tassa Industries, Frost Guiding Courses, Superfeet Worldwide, Pinguin, 333 Media, ...
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Thule started the year well
The Swedish group's sales went up by 5.5 percent on a currency-neutral basis in the first quarter of 2018, driven by a 9.1 percent increase in Europe and other parts of the world outside the Americas. The Thule Group's operating margin (Ebit) improved by 0.5 percentage points from the year-ago ...
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Tight trade show schedule in January
The winter edition of Outdoor Retailer (OR) is to take place in Denver and in conjunction with the Snow Show around the end of January for each of the next four years – ending just two days before the scheduled start of Ispo Munich in 2019.Some companies struggled with the ...
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JD targets more integration of outdoor stores
The outdoor division of the JD Sports Fashion group sharply raised its operating profit margin for the fiscal year to Feb. 3, and the company wants to take more advantage of its infrastructure to enhance the performance of Go Outdoors.The division's sales more than doubled to £416.4 million (€474.1m-$574.0m) for the ...
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WakaWaka goes public
WakaWaka, the Dutch-based supplier of solar power banks, solar-powered lamps and other solar-powered solutions that we have already talked about extensively (Compass Vol. 10 N° 24+25 of Dec. 19, 2017 etc.), said it is the first European Benefit Corporation to go public, hoping to raise €2.5 million through an equity ...
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Newell may get out of the outdoor sector
The proxy fight for Newell Brands' control is over, but there is strong speculation among financial analysts that the new board of directors that will come out of it will authorize the divestiture of Coleman, Marmot Mountain, Pure Fishing, Shakespeare and other brands in its outdoor group. These brands previously ...
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Hi-Tec moves to a full licensing structure
International Brands Group (IBG) has obtained a licensing agreement to sell footwear under the Hi-Tec brand in Latin America, the Middle East and Asia-Pacific as part of a restructuring plan for the brand's distribution. This Dutch entity is very familiar with the Hi-Tec business since it was established by Ed ...
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Hydro Flask continues to grow
New product introductions by the Hydro Flask and OXO brands helped the housewares segment of Helen of Troy to raise its revenues by 13.4 percent to $116.6 million in the fourth quarter of its financial year, ended Feb. 28. Other positive factors were an increase in online sales, incremental distribution ...
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Columbia grows the most in Europe
Out of all the regions where Columbia Sportswear operates, Europe recorded the largest revenue growth in the first quarter of 2018, helping the U.S. outdoor group to post record profits and margins. Continuing the strong performance registered during the fourth quarter of last year, sales soared in the first three ...
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Columbia to buy out China joint venture
Columbia Sportswear and Swire Resources will part on friendly terms from their joint venture in China after Columbia stated its intention to acquire the remaining 40 percent in Columbia Sportswear Commercial (Shanghai).An amicable press release issued by Columbia and Swire states that Swire Resources will continue as the exclusive ...
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Salomon builds up urban retail and road running
Salomon is raising its investments in retailing and the road running market after a sales increase of 1 percent to €861 million last year, up by 3 percent in constant currencies. The moves come amid significant cutbacks in distribution that have reduced footwear sales in the last months, as described ...
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Bergans’ chief executive resigns
Leif Holst-Liæker has resigned as chief executive at Bergans of Norway over disagreements with the board regarding the implementation of far-reaching strategic changes at the Norwegian outdoor brand.Holst-Liæker formally joined Bergans in December 2015, taking over the leadership from Ragnar Jensen, who retired after many years at the helm. As ...
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Fenix appoints European manager for Royal Robbins
Erik Tjerneld has been appointed as brand manager in Europe for Royal Robbins, after the U.S. outdoor travel brand was purchased by Fenix Outdoor International and the Swedish-based company put an end to a European distribution agreement with Bradshaw Taylor.Tjerneld was previously the brand manager for Tierra, another outdoor apparel ...
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Amer Sports is buying Peak Performance
Peak Performance is to be acquired for about €255 million by the Amer Sports group, complementing the apparel offerings of Arc'teryx and Salomon with those of a more urban and women-oriented brand that has plenty of room to expand in international markets.The Swedish brand of ski, outdoor, golf and fashion ...
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Amer Sports cuts back on footwear distribution
Sales of outdoor footwear declined at the Amer Sports group in the first quarter, as the owner of the Salomon brand continued to clean up the distribution, in an effort to reduce promotional sales.Footwear sales were down by 9 percent to €141.1 million for the three months, which was a ...
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Fenix adjusts wholesale distribution
Fenix Outdoor International has tightened the distribution of its brands in some markets, leading to the end of a partnership with Intersport in Sweden. But the owner of Fjällräven, Hanwag, Brunton, Primus and Tierra said that buoyant demand at the start of this year more than made up for these ...
