All Article articles – Page 147
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Arkose snaps up Snap Climbing
Arkose, a French operator of indoor bouldering parks, has snapped up a 67 percent stake in Snap Climbing, a French brand of climbing equipment and apparel, in an apparent bid to explore synergies between bouldering facilities and the gear required to use them.Arkose already has seven indoor bouldering parks, consisting ...
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EU ruling on selective distribution may apply to sports brands
A long-awaited ruling issued by the European Court of Justice (ECJ) in Luxembourg earlier this month in the case of a company selling luxury products may or may not support sports and outdoor brands that want to prevent unauthorized sales of their products on third-party online retailing platforms like Amazon ...
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American Outdoor Brands suffers from weak gun sales
The parent company of Smith & Wesson is generating much higher profit margins from its outdoor products than from its sales of firearms. Like Vista Outdoor, it has been seeking to diversify away from the highly cyclical American gun market, but its management says it is not currently looking for ...
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EU negotiators agree to end unjustified geo-blocking
European Union negotiators have agreed to put an end to unjustified geo-blocking, meaning that consumers should be allowed to purchase more products and services online from websites in other European countries.The agreement was reached on Nov. 20 by the European Parliament, the Council and the Commission, which made it a ...
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The U.S. outdoor industry is up in arms against Trump
The American outdoor industry reacted strongly to President Donald Trump's decision to shrink the size of two “national monuments” in the state of Utah, paving the way for mining, oil drilling and other industrial activities in areas that are presently reserved for outdoor activities.By executive order, President Trump decided to ...
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Inov’8 introduces graphene in footwear
Inov'8, the British brand of running and fitness shoes acquired by Descente two years ago, wants to make its mark in these sectors by pioneering the use of graphene in sports shoes. The first three models will be available at between 200 and 250 specialty running, outdoor and fitness stores ...
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Tecnica is ahead of its new 5-year plan
The Tecnica Group is running ahead of its business plan, which was presented to the press in Milan last week. As we reported earlier this year (SGI Europe vol. 28 – 11+12 of April 21, 2017), the plan aims for an increase in annual sales to €500 million within five ...
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Timberland announces Q3 sustainability achievements
The cotton used in Timberland apparel during the third quarter was 79 percent organic, either of U.S. origin or Better Cotton Initiative (BCI)-certified. This figure represents an improvement from 58 percent last year but also a dip from the 87 percent announced by the company earlier this year. Timberland, a ...
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The winners of Ispo Brandnew 2018
My Esel is the Overall Winner in the latest edition of Ispo Brandnew, the international competition for sports start-ups. The jury recognized the platform My Esel, a concept for customized bicycles made from Austrian wood, as “a textbook example of digital transformation in the sports industry.” A web-based algorithm determines, ...
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Oberalp pulls out of the Ispo show
Repeating what it had done at the OutDoor show in Friedrichshafen last June, the Italian Oberalp group has confirmed its decision to stop exhibiting the ranges of its Salewa and Dynafit brands at the Ispo Munich show, investing instead in a big international sales meeting. Like Amer Sports, which is ...
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Quechua will internationalize virtual testing of tents
Testing the different tent models in the store may be a problem due to space constraints. This is why virtual reality (VR) appears to be particularly useful for the sale of this kind of product. Thanks to a headset developed by Valtech, Decathlon is now giving customers the possibility to ...
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Wanted: EOG’s new secretary general
Inviting applications from suitable candidates, the European Outdoor Group (EOG) has formally started the recruitment process for a new secretary general to replace Mark Held, the British executive who has held the post since 2005. He already announced at the OutDoor show in Friedrichshafen in June that he had decided ...
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Eoca welcomes new members
Ten more companies and brands have joined the European Conservation Association (Eoca). Here is the list:- Pinguin, one of the oldest Czech producers of camping and other outdoor equipment;- Ultralight Outdoor Gear, a British distributor of outdoor products;- 333 Media, a Dutch media agency that is a media partner of ...
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Moncler posts double-digit sales growth
Moncler posted consolidated revenues of €736.8 million for the first nine months of 2017, representing a 15 percent increase from the first nine months of 2016 at current exchange rates, or a 16 percent increase at constant exchange rates. All regions posted double-digit growth with the exception of Italy, where ...
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Mountain Warehouse heads for the Dutch and Czech markets
Mountain Warehouse is preparing to move into two more countries, the Netherlands and the Czech Republic, after the company continued to expand with a sales rise of 19.3 percent to £91.6 million (€102.4m-$122.2m) in the six months ended on Aug. 27.The British outdoor retailer's international sales jumped by 50 percent ...
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Craft invests in footwear and team sports
The New Wave Group suffered a 6 percent sales decline to 616.8 million Swedish kronor (€62,4m-$74.4m) for the three months until September in its sports and leisure division, which involves a dozen brands including Craft and Cutter & Buck and partnership with Speedo in the Scandinavian markets.The decline was blamed chiefly ...
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Canada Goose pulls off stellar results
Canada Goose raised its guidance following a strong performance in both the direct-to-consumer (DTC) and wholesale channels for its second fiscal quarter ended Sept. 30. Shares in the company jumped by 14.1 percent after the release of the results, which topped Wall Street's expectations by a significant margin.Sales climbed by ...
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Ellis Brigham launches a new store concept
Ellis Brigham Mountain Sports, the British outdoor retail chain, has launched a new outdoor retailing concept with a first store in Liverpool, called Outsiders Store. It sells less technical and more utilitarian and lifestyle-oriented products from brands such as The North Face, Fjällräven, Danner, Patagonia and New Balance as well ...
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Vista will divest its eyewear brands
Vista Outdoor's new chief executive, Chris Metz, announced plans to sell its three brands of sports eyewear – Bollé, Cébé and Serengeti – as part of a review of its brand portfolio that is about to be completed, while the company released a pretty bad set of figures for the ...
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Strong growth for the former Black Diamond
Clarus Corp, the holding company previously registered as Black Diamond Equipment, saw sales in the third quarter jump by 16.2 percent to $45.8 million, boosted by the climbing category and the acquisition of Sierra Bullets on Aug. 21, which added $3.5 million to the quarterly turnover. Excluding the acquisition, revenues ...
