All Article articles – Page 150
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Strong progress for Lenzing
Lenzing has posted its best half-year results with sales up by 11 percent to €1.15 billion in the first six months of 2017 ending in June. Profits for the Austrian-based maker of botanic cellulose fibers rose to €150.3 million, a jump of almost 60 percent over the same period in ...
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New Wave keeps growing
The New Wave Group, the Swedish company behind Craft, posted a 12th consecutive quarter of growth, with sales for the three months ended June 30, 2017 jumping by 9 percent to 1,372 million Swedish kronor (€143.8m-$169.1m), or by 5 percent excluding currency fluctuations. Operating profit rose by 10.0 percent over ...
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Good growth for Peak Performance
Peak Performance raised its revenues by 11.9 percent in constant currencies during the fourth quarter of IC Group's financial year, ended June 30, leading to growth of 10.0 percent on a reported basis to 121 million Danish kroner (€16.3m-$19.4m) for the period. The brand generated an operating loss in the seasonally ...
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Globetrotter reinforces management
Globetrotter hired the former manager in charge of operations at Foot Locker Europe in Germany, Johannes Jurecka, to become the German outdoor retailer's chief operating officer from the start of July. Another executive appointment is Matthias Schwarte, who joined from the start of September to become Globetrotter's marketing director.Taking up ...
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GoPro sees the light at the end of the tunnel
GoPro's shares jumped by 21.3 percent after the company announced that it expects fewer losses for the third quarter, following better-than-expected results for the second quarter. It also revealed that it is on track to launch the latest version of its flagship camera for the holiday season.The company's battered share ...
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Vista reassigns distribution roles
Vista Outdoor is restructuring international sales operations for its growing stable of sports and outdoor brands to make them more efficient and profitable and to adapt them to the changing structure of the market at retail and wholesale.Andrew Shand, the former vice president of international sales at Camelbak, will continue ...
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Explosive growth for Dachstein
Dachstein is still a small player in the global rugged outdoor footwear market, with a strong focus on the domestic Austrian market, but it is developing strongly internationally and its annual sales have shot up from €700,000 to €7 million in the last four years under a new management.Interesting initiatives ...
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New management changes at Columbia
Columbia Sportswear has appointed Russ Hopcus to be the new president for its Prana brand. The group also reported the departure of Stuart Redsun, senior vice president and chief marketing officer of the group, and said that Joe Boyle, president of the Columbia brand, will also take care marketing for ...
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Vaude expands its sustainable supply chain initiative
Vaude has announced plans to extend its initiative “Environmental Stewardship in the Supply Chain” to all its textile suppliers. The pilot project, which was partially funded with grants, has just completed a two-year phase with positive results, the company said. The project was launched in 2015 to train Asian suppliers ...
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Stuttgart is a new candidate for the OutDoor show
The European Outdoor Group says it is making good progress with its Vision 2020 project, which is intended to establish a longer-term future for its OutDoor fair as Europe's premier outdoor trade show.As previously reported, the EOG has conducted an extensive survey to establish the foundations for a more successful ...
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Organic sales slump for Vista's outdoor brands
Organic sales of the Vista Outdoor group's outdoor products were down by 6.5 percent for the first quarter to July 2, but the turnover of the outdoor division was up by 0.9 percent to $290 million due to the acquisition of Camp Chef. The supplier of cooking utensils added $21 ...
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Blue Ice launches its U.S. business
Blue Ice, a French-based company specializing in mountaineering equipment, has opened an office in Salt Lake City with backing from several former Black Diamond employees who are developing Blue Ice's hard goods range.The office is headed by Bill Belcourt, head of research and development at Black Diamond until November 2015 ...
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Wolverine beats forecasts, raises outlook
Wolverine Worldwide has reported net income of $20.7 million for the 13 weeks to July 1 as compared to $24.0 million in the 12 weeks ended on June 16 last year. The extra week, added through a change in the financial calendar, helped the group to improve total revenues by ...
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Fenix Outdoor heads into promising autumn
Fenix Outdoor International raised its sales across retail and brand operations in the second quarter, and it anticipates a growing turnover in the third quarter after promising autumn sales of its brands.The formally Swiss but Swedish-based group reported a sales rise of 5.2 percent to €117.7 million for the second ...
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Atomic and Salomon quit Ispo
Atomic and Salomon, two brands that jointly claim a share of 35 percent in the difficult alpine ski equipment market, have decided not to exhibit at the next Ispo Munich show, scheduled for Jan. 28-31. Armada, a ski brand recently acquired by the same group, will not show there either, ...
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Anouk Kooijmans takes Nomad’s leadership
Anouk Kooijmans has become chief executive of The Nomad Company, the Dutch outdoor company founded by her late father, which has been stabilized and upgraded in the last two years under the leadership of Peter Korver, a high-profile manager in the European sports and outdoor industry.Anouk Kooijmans is the daughter ...
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American Outdoor Brands has weak sales
The parent company of Smith & Wesson reported a net loss of $2.16 million for the first quarter ended July 31 against a net profit of $35.2 million in the year-ago period as it continued to suffer from a downturn in the U.S. market for firearms. Heavy promotions and lower ...
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A.S. Adventure moves into Germany with McTrek
The A.S. Adventure Group is reinforcing its leadership in the European outdoor retail market through the acquisition of McTrek, which expands the group to 256 stores in seven countries and allows it to move into the German market with a sizeable presence.McTrek is a retailer with 39 stores and sales ...
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Mixed results for Newell
In the second quarter of the group's financial year, ended June 30, sales declined by 2.1 percent on a comparable basis in Newell Brands' Play segment, which comprises the brands formerly included in the Outdoor Solutions division of Jarden Corp. except for Marker, Völkl and other winter sports brands.The winters ...
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Johnson Outdoors posts record-high profits and revenues
Johnson Outdoors reported double-digit growth in sales for its third fiscal quarter ended June 30. Strong demand for new products drove significantly higher volumes and a nearly three-fold increase in net income compared with the year-ago quarter.Revenues jumped by 11.0 percent to $155.3 million in the quarter. They were boosted ...
