All Article articles – Page 153
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Cutbacks and investments pay off at Helly Hansen
Helly Hansen is anticipating increased gains in sales and profits this year, after it restructured its product offering and cleaned up its distribution to target more specialist retailers. Orders for the Norwegian sailing and winter sports brand's autumn/winter range are up at a double-digit rate, led by stronger demand in ...
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Tecnica launches its customization technology
We discussed Salomon's new footwear customization system, called Me:sh, in our last issue. Tecnica is now launching its own customization technology for trekking shoes, called Forge. As Tecnica's officials point out, their process is carried out more rapidly and even closer to the final customer – in the retailer's own ...
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Tecnica Group gears up for a capital increase
The Zanatta family, which controls the Tecnica Group, has signed a letter of intent to allow Italmobiliare to acquire a minority stake of around 40 percent in Italy's leading supplier of outdoor shoes and ski equipment for a total investment of about €60 million. The investment, which will be primarily ...
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Dalema group buys Wenaas Nordic
Wenaas Nordic, a large-scale distribution company specializing in sports and outdoor brands, has been acquired by the Dalema group, another Norwegian company that already owns a wide variety of industrial and trading operations in various sectors including the sports market, where it wants to expand further through this takeover.Wenaas Nordic ...
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Woolrich International posts 9% sales growth
Woolrich International posted sales of around €169 million for 2016, which represent an increase of 9 percent compared with 2015. The positive performance was driven by sales growth in all distribution channels and main markets. Woolrich International is the holding company created last year from the merger of Woolrich and ...
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Upgrade lifts sales at Peak Performance
Peak Performance is apparently reaping the benefits of the strategic measures taken over the last two years to upgrade the ski, outdoor and golf apparel brand, with a sales increase of 13.3 percent to 299 million Danish kroner (€40.2m-$44.8m) for the quarter until the end of March, but more discounts and ...
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Petzl reinforces its international reach
Petzl raised its sales by more than 7 percent to €154 million last year, as it continued to expand its international reach. About 82 percent of the turnover was generated outside France, up by two percentage points compared with the previous year.The French group's international sales have been led since ...
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Globetrotter is stabilizing
Globetrotter's sales slightly increased in the first three months of this year. Due to improved sales in January, the German outdoor retailer's turnover moved up by 1.1 percent to €36.2 million, compared with a sales dip of 5.3 percent for the same quarter last year. The rise was barely aided ...
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Salomon invests in footwear technology and road running
Salomon is launching a new, partially automated production technology, called ME:sh, that enables it to make customized running shoes, as the French outdoor and winter sports brand strives to expand from the outdoor and trail running footwear markets to become established in the road running category as well. A play on ...
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Smartwool has a new European sales team
Smartwool, a brand of VF Corp., has announced a new European sales team, which will report to Genevieve Peterson, Smartwool's brand & sales director for the EMEA (Europe, Middle East and Africa) region. Dariusz Boniecki has joined the team as senior sales manager, while Manuela Chizzini is the new sales ...
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McTrek projects double-digit sales growth
McTrek Outdoor Sports is projecting sales of about €58.25 million this year, which would be an increase of 12 percent compared with €51.9 million in 2016. This turnover amounted to a rise of 10.4 percent last year, with two extra stores in the areas of Landshut and Augsburg, which expanded ...
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A mega outdoor show is shaping up in Denver
Emerald Expositions, which owns Outdoor Retailer, Interbike and many other trade shows, has completed the acquisition of the SIA Snow Show from the Snow Sports Industries Association (SIA) of the U.S., reportedly for $16.7 million, following approval by the SIA's board of directors.The takeover paves the way for a merger ...
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Deckers’ sales top its own guidance
Deckers Brands posted revenues for the fourth quarter of its fiscal year ended March 31, 2017 that exceeded its own guidance, boosted by the strong performance of Hoka One One and by higher direct-to-consumer (DTC) sales. They dipped by 2.4 percent to $369.5 million, instead of an expected 5.0 to ...
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Vista Outdoor hit by organic sales contraction
Vista Outdoor suffered a drop of 23 percent in organic sales of its outdoor brands for the three months to the end of March, the last quarter in its fiscal year. Blamed on the upheavals in the U.S. retail market, the decline affected nearly all product ranges, apart from eyewear ...
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Columbia reshuffles the top deck
Columbia Sportswear announced yesterday a strategic realignment of its corporate management as part of an ongoing reassessment of its organizational structure, which began in March with the appointment of Joe Vernachio at the head of the struggling Mountain Hardwear brand.Among other changes, Tim Boyle, who has been the chief executive ...
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Edelrid joins forces with Red Chili
Edelrid, the German brand of climbing equipment owned by Albrecht von Dewitz, has joined forces with Red Chili, another German brand specializing in climbing shoes, in a takeover that should enable them to expand their international sales with a broader product offering.The two parties said that Stefan Glowacz and Uwe ...
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Strong results for Canada Goose
Canada Goose posted higher than-expected sales and a smaller-than-expected net loss in its fourth quarter, ended March 31, 2017. The company's share price rose by 15.7 percent after the report, which was the company's first since going public on the stock exchanges of New York and Toronto in March.Net losses ...
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Bergans expands its international team
Bergans of Norway has hired more managers to pursue the international expansion strategy it mapped out last year, after the arrival of Leif Holst-Liæker as the Norwegian outdoor company's chief executive.The strategy entailed the closure of operations in North America, the U.K, and France, along with a stronger focus on ...
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Snowleader becomes more hybrid, more international
Snowleader, a French online ski and outdoor retailer based in Annecy, is aiming for strong growth this year. Its chief executive, Thomas Rouault, told us that it is on course to achieve its growth target for its fiscal year ending Aug. 31, 2017, posting revenues that are expected to reach ...
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Another alternative to Ugg, called Mou
Mou is a French word that means “soft.” It is the name of a brand of comfortable, warm, eco-responsible sheepskin boots marketed worldwide by a company in Florence, Artcrafts International, that owns and distributes eight other brands. It doesn't distribute Ugg, but it has been the Italian distributor for another ...
