All Article articles – Page 156
-
Article
Strategic adjustments yield stable returns at Lafuma
Groupe Lafuma's mountain division was affected by unfavorable weather conditions and its decision to quit selling the Killy brand last year, but it became more efficient due to the integration of the three remaining brands into the Millet Mountain Group in Annecy – namely Lafuma, Millet and Eider.The mountain division's ...
-
Article
New majority shareholders for Active Brands
Active Brands, the Norwegian group that owns Kari Traa, Dæhlie and several other sports and outdoor brands, is to be taken over by FSN Capital Partners, a Nordic investment fund, although existing shareholders should continue to own a material stake in the company.The majority shareholding is to be divested by ...
-
Article
VF targets sales of $3 bn for The North Face
VF Corp. is projecting a re-acceleration in the compound annual growth rate (CAGR) of The North Face (TNF) to a rate of 6 to 8 percent, taking its turnover up to $3.0 billion by 2021 from the current level of $2.3 billion. The direct-to-consumer (DTC) business is set to expand ...
-
Article
Sharp sales rise at Peak Performance
Far-reaching changes implemented at Peak Performance in the last two years are apparently starting to pay off, with a sales increase of 21.9 percent to 267 million Danish kroner (€35.9m-$37.8m) for the quarter until the end of December.This amounts to a sales jump of 24.0 percent in constant currencies. It ...
-
Article
Mammut sets up an office in Hong Kong
Mammut Sports Group has opened an office with eight employees in Hong Kong to support its business in Asian countries and to develop more regional product and marketing strategies.The move was outlined at Ispo Munich by Oliver Pabst, who took over from Rolf Schmid as Mammut's chief executive in September. ...
-
Article
The Tecnica Group makes progress
The new and more process-oriented brand management structure put in place since last June at the Tecnica Group under the management of Antonio Dus is bearing fruits. The Italian company's operating profit (Ebitda) grew by about 15 percent last year, according to preliminary data, and sales reached a level of ...
-
Article
Eoca lists the projects for the next funding round
The European Outdoor Conservation Association (Eoca) has announced the projects that have been shortlisted for its spring 2017 funding round. Twice a year the organization receives applications from conservation organizations with projects that they would like to be considered for funding, and Eoca draws up a shortlist of projects, which ...
-
Article
Public lands issue drives OR out of town
The states of Colorado, Montana and Oregon have all expressed interest in hosting the Outdoor Retailer show after the Outdoor Industry Association (OIA) announced that it was looking for a new venue as soon as possible. The contract with Salt Lake City runs through the summer of 2018, but the ...
-
Article
Fjällräven drives Fenix Outdoor’s growth, Globetrotter improves
Globetrotter's sales slipped by about 4.3 percent to €178.3 million last year but the adjustment of its cost base led to improved returns and helped the entire Fenix Outdoor International group to more than double its net profit.Globetrotter, the leading outdoor retail chain in Germany, is one of the retail ...
-
Article
Treksta ramps up French distribution
Kevin Penard has been appointed as general agent for Treksta in France from the start of this year, as part of the moves being made by leading South Korean outdoor footwear brand to reinforce the distribution of its products in Europe.Treksta's distribution in France has been supervised since its European ...
-
Article
Deckers performs less well than expected
Deckers Brands' net profit for the third quarter ended Dec. 31 sank by 73.9 percent from the same period a year earlier, down to $41 million, due to lower sales and extraordinary charges of $128.9 million related to a write-down of the Sanuk brand's goodwill and intangible assets, retail impairments ...
-
Article
Columbia on the rise despite warm weather and weak markets
The late start of the winter season led to weaker than anticipated sales for Columbia Sportswear in the fourth quarter, but they were still up by 3 percent to $717.4 million, which was a rise of 2 percent in constant currencies.The U.S. outdoor group raised its turnover for the full ...
-
Article
The EOG launches the IGOT Coalition
Eighteen brands, retailers and organizations are the founding members of the newly formed IGOT Coalition. It stands for the It's Great Out There Coalition, a new non-profit organization formed by the European Outdoor Group to encourage people to be more active outdoor across Europe.Chaired by Arne Arens, European director of ...
-
Article
Fair Trade certification for Páramo’s manufacturer
Páramo, the British brand of waterproof clothing, said it became in January the first company in the outdoor sector that will be able to use the Fair Trade first-buyer label of the World Fair Trade Organization (WFTO) for more than 80 percent of its products. They are sourced from Creaciones ...
-
Article
Confluence changes CEO, reports an uptick in Europe
Richard Krause has been appointed as chief executive and president of Confluence Outdoor, taking over from Sue Rechner at the helm of the U.S. paddle sports group. Krause was formerly the CEO of Feradyne Outdoors,Remaining a shareholder, Rechner will support Krause in the transition. She said in a statement that ...
-
Article
Connected, Ispo breaks new records
The increasingly international and “connected” Ispo Munich trade show witnessed last month more than 85,000 daily passages through its turnstiles at its Feb. 5-8 edition, or about six percent more than last year's score of 81,368 visitor/days. They came from 120 countries and the largest increases were recorded from Italy, ...
-
Article
Newell Brands delivers a strong quarter
Newell Brands' sales jumped by 165.0 percent for the fourth quarter of 2016 to $4,136 million, thanks to the recent acquisition of the Jarden Corporation's business. Core sales grew by 2.5 percent, driven by strong results from the Writing, Baby, Home Solutions and Outdoor Solutions businesses, offset by weak sales ...
-
Article
Fishing boosts Johnson Outdoors’ sales
New products for fishing resulted in strong pre-season sales for Johnson Outdoors, boosting revenues for the first quarter of its new fiscal year, ended Dec. 31. The company, which owns a large portfolio of brands including Jetboil outdoor cooking systems and Scubapro diving equipment, saw its total sales gain 9.9 ...
-
Article
A big charge hits Vista’s quarterly results
Vista Outdoor, the U.S. group of shooting and outdoor brands, reported a net loss of $377.7 million in its third fiscal quarter ended Jan. 1, down from a profit of $43.2 million in the same period a year ago.The company's results were dragged down by a higher-than-expected impairment charge of $449.2 ...
-
Article
Wolverine performs better than expected
Reaching the upper end of its projections, Wolverine Worldwide reported a decline of 2.9 percent to $729.6 million in its total turnover during its fourth financial quarter, ended Dec. 31, with a high single-digit increase outside the U.S. more than offset by a low single-digit decline in its domestic market, ...
