All Article articles – Page 143
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Physical activity is declining in Europe
Nearly one in two Europeans are not doing any physical exercise, and the proportion has increased gradually in recent years, a new survey released by the European Commission has found. The Eurobarometer survey 2017 interviewed some 28,031 citizens from different social and demographic categories, face-to-face at home and in ...
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Rocky Brands is off to a strong start in 2018
After returning to profitability in 2017, following heavy losses in 2016, Rocky Brands' profits rocketed in the first quarter of this year. Net income jumped by 117.3 percent from the year-ago quarter to $3.3 million.The group's sales declined by 2.7 percent to $61.4 million, but this included approximately $1.9 million ...
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Odlo rebuilds sports performance sales
Odlo is projecting a sales rise of about 20 percent to over 120 million Swiss francs (€104.0m-$128.0m) for the financial year ending in June, after it entirely revised its strategy last year to focus more on sports retailers and key accounts.The Swiss-based company opted to target several large markets through exclusive ...
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OSV moves to new premises, possibly with a new status
While moving into new headquarters, the Outdoor Sports Valley (OSV), a French trade association that brings together companies in the outdoor and winter sports industries, is on its way to a possible change in its status. Local regional authorities have asked it to become a “cluster” in the French sense ...
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Restructuring moves lift profit at Lafuma
Restructuring measures implemented at the Millet Mountain Group caused a sales decline of 6.4 percent to €95.7 million last year, but the entity grouping together the Millet, Eider and Lafuma brands in the outdoor and snow market would have raised its sales by 0.8 percent without the impact of these ...
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Wolverine wants to grow more internationally
Wolverine Worldwide announced new initiatives to accelerate product development, boost e-commerce and drive expansion abroad, while releasing mixed results for 2017, with lower revenues but higher margins. The group's management also indicated that it may be willing to consider new acquisitions after its recent disposal of several brands including the ...
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Rab performs well, and its parent consolidates
An article in a Norwegian national financial newspaper sparked a boom in sales of Rab in that country last year. The article boasted that a company with only three employees in Oslo had managed to build such a strong business in a highly competitive outdoor market. The management declines to ...
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Gregory remains on a steep climb
The Gregory brand of backpacks generated a sales increase of 17.2 percent to $51.8 million in 2017, according to its parent company, Samsonite International. Gregory's sales grew strongly in North America, Europe and Asia. As before, Gregory outperformed Samsonite's more lifestyle-oriented brand of backpacks, High Sierra, whose sales declined by ...
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Clarus returns to profitability
Clarus Corp, the holding company previously registered as Black Diamond Equipment, saw a return to profits in the fourth quarter of 2017, along with better sales and margins. This was mainly due to a strong performance in Europe and America, along with the contribution from a newly acquired company, Sierra ...
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Chullanka tweaks its retail concept under new management
Chullanka, a French outdoor retailer previously owned by Decathlon, has started updating its retail concept to focus more strongly on brands and retail animation at its four large-scale outdoor stores, after a change of shareholding and leadership last year.Chullanka's management was taken over last year by Thierry Crampes. He previously ...
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Management reshuffle at Cascade Designs
Maurice Brenninkmeijer, who spent the last eight years building up the Outdoor Research brand in Europe, has been appointed as sales manager for central Europe at Cascade Designs, the holding company for brands including Therm-a-Rest, MSR, Platypus, SealLine and PackTowl.Brenninkmeijer is taking over from Bruno Drews, who has been with ...
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Kathmandu buys Oboz
Kathmandu, the New Zealand outdoor brand and retailer, has agreed to take over Oboz Footwear, the U.S. outdoor footwear brand, for $60.0 million in cash and an earn-out of up to $15 million, as a means to expand its footwear and international sales.Established in Bozeman, Montana in 2007, Oboz is ...
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Fenix is buying Royal Robbins
Fenix Outdoor International is acquiring Royal Robbins, the American brand of travel and outdoor garments, to complement an apparel offering that is led by the Fjällräven brand. The acquisition will be consolidated in the second quarter.The seller is Bruckmann, Rosser, Sherrill & Co (BRS), a private equity firm from New ...
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Rocky Brands returns to profitability
After recording heavy losses in 2016, Rocky Brands's profits improved significantly in the fourth quarter and the full year. Net income came in at $4.4 million, as compared to a net loss of $634,249 for the year-ago quarter.The latest quarter included an after-tax charge of $1.6 million associated with the ...
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Outdoor sales boost Garmin’s results
Driven by its outdoor segment and its Fenix line of watches featuring Garmin Elevate wrist heart-rate technology, Garmin's sales for the 13-week fourth quarter ended Dec. 30 went up by 3 percent to $888 million from the year-ago quarter, which had 14 weeks. For the full financial year, the company's ...
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Bogs' struggles continue
Bogs did not manage to reverse its fortunes during the latest quarter, after several months of decline. The brand's revenues for the three months ended Dec. 31 fell by 10 percent from the year-ago quarter. The management said that the fourth quarter looked very promising during the early November cold ...
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Bergans rethinks its business structure
“Breathe Fresh Air” is the tagline adopted by Bergans as part of the Norwegian company's efforts to push its brand in international markets with a more focused range and marketing approach.Bergans previously attempted to export the Norwegian concept of “Ekstrem Turglede,” encapsulating the joy of moving freely in the outdoors. ...
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Steve Murray goes back to VF Corporation
Shortly after announcing the acquisition of Altra, VF Corp. said that Steve Murray is returning to the group in the new position of vice president in charge of strategic projects. One of his tasks will be to develop the footwear product strategy of The North Face and to support the ...
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Ortlieb case on search engines goes back to lower courts
Ortlieb Sportartikel has suffered a setback in its legal battle with online platforms about their search engine merchandise practices, as the German Federal Court of Justice sent a case about the interchangeability of brands back to the lower courts. According to the company, they had previously ruled clearly in favor ...
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AOBC’s outdoor products score better than firearms
We generally don't cover firearms and ammunition because we don't consider them to be part of the outdoor market as we see it, and we support the growing public outcry in the U.S. in favor of enforcing stricter gun control laws, after more than 150 mass shooting episodes in country ...
