All Article articles – Page 155
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Legal tussle between Sympatex and Gore
Sympatex Technologies and W.L. Gore & Associates have become embroiled in a legal tussle about statements relating to Gore Fabrics' goals to remove any perfluorinated and polyfluorinated chemicals (PFCs) of environmental concern from its products for outdoor gear.As previously reported, Gore issued a statement in February in which it outlined ...
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Better margins for the former Jarden
The integration of the former Jarden Corp., higher input costs and adverse foreign currencies negatively affected margins during the first quarter at Newell Brands, the company that came out of Rubbermaid's merger with Jarden.Offsetting the benefits of synergies and productivity gains, these factors caused a decline of 4.1 percentage points ...
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Berghaus increases focus on transparent sustainability
Pentland Brands has revealed the names and locations of the direct factories (Tier 1) that manufacture garments for its Berghaus brand. The list includes factories in Belgium, Bosnia and Herzegovina, Bulgaria, Cambodia, China, India, Indonesia, Italy, Japan, New Zealand, Pakistan, Portugal, Romania, Spain, Sri Lanka, Taiwan, Thailand, Turkey, U.K. and ...
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Garmin’s profits beat forecasts
Garmin posted earnings for the first quarter that topped analysts' forecasts, rising by 7.0 percent to $99 million. The revenues of this supplier of tracking and GPS navigation devices inched up by 2.0 percent to $639 million, driven by the outdoor, marine and aviation segments, but offset this time by ...
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Bearpaw is targeting the European market
Another American brand of cold-weather, waterproof sheepskin boots, Bearpaw, is trying to take advantage of Ugg's weakness to expand its position as a lower-priced alternative in all the sales channels. Claiming that its shoes are of comparable quality or better for a lower price and better margins, it is making ...
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More hires at BD
We have already reported in our last issue about several new executives and officials who have joined the company. John Walbrecht, the new president of Black Diamond Equipment, has continued to recruit new managers, as part of a plan “to invest in the people necessary to support our global platform” ...
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Moncler posts double-digit sales growth, despite a challenging base for comparison
Moncler reported a 16 percent revenue increase at current exchange rates in the first quarter, with consolidated revenues of €276.2 million in the period, driven by sales in Europe. Tourism to the continent fueled the brand's sales, from China but also Korea and Taiwan, the company said. At constant exchange ...
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VF Corp. releases new policy on animal derived materials
VF Corp. has announced the release of its first-ever Animal Derived Materials Policy, which includes the commitment to progressively ban the use of fur, angora or exotic leather in its brands' products. The policy has been developed in partnership with The Humane Society of the United States and Humane Society ...
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U.S. retail weakness reduces Amer’s footwear growth
The upheavals in the U.S. retail market adversely affected footwear sales of the Amer Sports group in the first quarter. After a small dip in the last quarter of 2016, they moved up by just 3 percent to €156.6 million in the first three months of this year, amounting to ...
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U.S. outdoor industry worried about national monuments
The protection of national monuments again mobilized several leading stakeholders in the U.S. outdoor industry last month, after the Trump administration signed an order to review the status of more than two dozen national monuments.The order relates to national monuments of at least 100,000 acres that were designated from the ...
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Hydro Flask grows by 7.6% in Q4
Hydro Flask raised its sales by 7.6 percent in the fourth quarter ended Feb. 28, said its new parent company, Helen of Troy, offsetting declines in the core business of its drinkware division. It also made a positive contribution to its gross margin, and it delivered a strong operating profit.Higher ...
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Strong double-digit growth for Gregory and its parent
Gregory Mountain Products saw its sales grow by 28.8 percent last year to $44 million, with a 22.7 percent increase in constant currencies and strong progress in Europe, North America and Asia. In contrast, another less technical brand of backpacks in Samsonite's portfolio, High Sierra, booked a 3.5 percent sales ...
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Digital and interna-tional will lead VF’s growth
VF Corp. is projecting a compound annual growth rate (CAGR) in its total sales of between 4 and 6 percent over the next five years, driven by continued growth at Vans and the resumption of growth at The North Face (TNF) and Timberland, which have under-performed lately, especially in the ...
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Mammut grows outside the Germanic countries
The Mammut Sports Group saw its sales decline by 0.8 percent to 233.4 million Swiss francs (€218.3m-$232.1m) in 2016, which was a decline of 2.9 percent in constant currencies, but an improvement compared with the slump of 5.8 percent it had suffered in 2015.The division's operating profit was up by ...
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UTMB commits to eco-responsible sports events
The organizers of the 20 major international sports events in France have signed the “15 environmentally responsible commitments to sporting events,” an ambitious plan with quantified targets, which commit the organizers of these events to the respect of the environment as a condition to host such events on French territory. ...
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Denton will lead the IGOT Coalition
We have already reported about the birth of the It's Great Out There (IGOT) Coalition, the new Brussels-based association launched by the European Outdoor Group (EOG) at Ispo Munich in February, which is intended to persuade more people all over Europe to participate in outdoor activities.Andrew Denton, the dynamic British ...
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Canada Goose goes through the roof
Investors rushed to buy shares in the Canadian company, although some observers have expressed doubts about its ability to internationalize its business and to diversify its product range in the longer term. First offered at a price of 17 Canadian dollars on March 16 on the stock exchanges of Toronto ...
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Management reshuffling at BD
Black Diamond Equipment (BDE) has promoted Stephan Hagenbusch to be responsible for Europe, following a successful move of the company's European operations from Basel to Innsbruck last June. He replaces Tim Bantle, who left the group at the end of February, going back to the U.S.Besides taking full responsibility for ...
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Smith replaces Arens to lead The North Face in Europe
Kath Smith has been appointed vice president and general manager for The North Face in Europe, the Middle East and Africa (EMEA) from the end of March, at the company's European head office in Switzerland. After assignments with international consumer goods companies such as Mars, Diageo and the Adidas Group, ...
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Black Diamond ready to scale up again
John Walbrecht, who became chief executive at Black Diamond in October, told analysts last month that the group is ready to scale up again, after a year of downsizing and other restructuring measures. Walbrecht made the comments in a conference call to discuss a mixed fourth quarter for the Black ...
