All Article articles – Page 144
-
Article
Lenzing announces enhanced sustainability goals
Lenzing has committed to a further substantial reduction of specific emissions within the next four years. The new step includes reducing by 50 percent the group's sulfur emissions by 2022 as compared to 2014, as well as a 20 percent reduction in chemical oxygen demand (COD), which measures the amount ...
-
Article
VF buys Altra, sells Nautica
VF Corporation reported on March 14 a definitive agreement to buy Altra Footwear, the fast-growing American brand of sports shoes, from Icon Health & Fitness. Four days later, it announced the long-awaited sale of one of its remaining contemporary sportswear brands, Nautica, to the Authentic Brands Group (ABG).VF said the ...
-
Article
Strategic adjustments reduce Mammut’s turnover
As the Mammut Sports Group tightened its distribution last year, its sales dipped by 1.9 percent to 228.6 million Swiss francs (€260.8m-$320.7m), but the company saw ample improvements in its own retail and online business, and it points to a slight increase in orders for the summer season.The Swiss outdoor ...
-
Article
Thule is upbeat
Posting strong revenues for 2017, the Thule Group said it had a “fantastic” year as it managed to broaden its product offering for future growth, especially in the Packs, Bags & Luggage category. The management added that it is looking forward to an “exciting” 2018, and is currently ramping up ...
-
Article
Peak Performance raises profit margins
Peak Performance is continuing to reap the benefits of the changes implemented in the last three years, with a sales jump of 17.2 percent to 313 million Danish kroner (€42.1m-$51.6m) for the three months until the end of December, and a 24.5 percent rise in operating profit to DKK 61 ...
-
Article
Lower sales and profits at Vista Outdoor
Vista Outdoor reported a drop of 11 percent in the total turnover to $581 million for the third quarter of its financial year ended Dec. 31. It was due essentially to deeper discounting of accessories because of market pressures in a continuously challenging retail environment in the U.S., which also ...
-
Article
The Otto family takes over Sympatex
Members of the family that own the big German Otto Group have acquired all the shares of Sympatex Technologies, following a financial reorganization of this well-known developer of functional materials. According to Sympatex, there will be no structural changes or staff restructuring initiatives and Sympatex will still operate as an ...
-
Article
Germany is in focus for The North Face
The North Face is aiming to significantly increase its market share in Germany, after several management changes, increased retail investments and a pick-up in consumer interest that transpired with a jump of 27 percent in the outdoor brand's own online sales in the country last year.The sustained growth of TNF's ...
-
Article
The outdoor market is improving in Europe
The European outdoor market is getting better, as already indicated in our previous issue by the renewed confidence expressed by financial analysts in the publicly listed companies in our sector. A survey of 50 members of the European Outdoor Group (EOG), presented during the Ispo Munich trade show at the ...
-
Article
Patagonia gains traction in Europe
Despite some downsizing in its regional distribution, Patagonia managed robust double-digit growth in its European business in 2017. It regional sales have more than doubled in the last three years to reach nearly €100 million, and 2018 has started off with a favorable trend.Patagonia achieved some of the strongest upticks ...
-
Article
Deckers’ results exceed guidance
Deckers is continuing its recovery, exceeding its projections for the second consecutive quarter, after a period of mixed results in the past few years. Its better-than-expected performance in its third quarter, ended Dec. 31, led the company to raise its full-year outlook by approximately $500 million. It now expects sales ...
-
Article
TNF continues to thrive in Europe
The North Face finished the year with a whopping rise in European demand, as its sales soared by 38 percent in Europe, the Middle East and Africa (EMEA), amounting to a jump of 32 percent in constant currencies.The outdoor brand's European sales have been growing at a double-digit rate for ...
-
Article
Moncler's new strategy targets fickle consumers
Moncler has announced a new and speedier strategy dubbed Moncler Genius, which will see the brand's collections follow the pace of younger and more fickle consumers. The brand will now collaborate with eight new guest designers on monthly collections, for men and women, of its jackets, knitwear and accessories. Instead ...
-
Article
Columbia Sportswear soars in Europe
Columbia Sportswear raised its sales by 19 percent in Europe, the Middle East and Africa (EMEA) to $83.5 million for the fourth quarter of 2017, up by 14 percent in constant currencies. It was the strongest regional increase in a better-than-expected quarter for the U.S. outdoor company, which ended the ...
-
Article
Marmot consolidates with Coleman in Europe
In a new restructuring move, after the recent divestiture on Jarden Corporation's former winter sports equipment business, Newell Brands is exploring strategic options for Rawlings, the American team sports brand inherited from Jarden in 2016 along with any other sports and outdoor brands. It is also merging the European operations ...
-
Article
Coleman and Marmot perform well
Newell Brands reported strong growth for Coleman, Marmot Mountain, Contigo and its own Team Sports segment in the fourth quarter of 2017. Slightly offset by declines in the Fishing segment, they helped lift ”core sales” at its Play division by 5.4 percent during the period. Adding assets that are due ...
-
Article
Icebreaker exposes its supply chain
Icebreaker has decided to bare all about its supply chain in a global Transparency Report that details its relationship with growers, its environmental and human resource policies as well as the composition of its garments, among many other details.The report indicates that about 85 percent of the materials going into ...
-
Article
Canada Goose flies high
Canada Goose has reported a revenue increase of 27.2 percent on an annualized basis for the third quarter ended Dec. 31, 2017, with revenues reaching 265.8 million Canadian dollars (€171.6m-$2105m) in the quarter. Adjusted net income of C$64.6 million (€41.8m-$51.2m) compares to an adjusted net income of C$44.9 million in the ...
-
Article
Super Retail Group is set to buy Macpac
Super Retail Group, a leading Australian sports retailer, has agreed to fully acquire Macpac for $144 New Zealand dollars (€85.8m-$105.8m), as a means to build up its business in the outdoor market across Australia and New Zealand with a four-pronged approach.Owned at a majority by Champ Ventures, Macpac is a ...
-
Article
Columbia will boost European marketing
The Columbia Sportswear group's European business could benefit from a sizeable increase in marketing spend in the next years, after a sharp uptick in its European sales and profit margin in 2017.The group decided last year to reorganize its business, which should make more resources available for marketing, and make ...
