All Article articles – Page 158
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Wolverine lays out the Way Forward
The management of Wolverine Worldwide had already hinted that it was considering the divestiture of some non-core assets, while promising shareholders that it was going to do its best to attain an operating margin of 12 percent by the end of 2018 through a variety of measures.After the discontinuation of ...
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Down prices are headed upward
The cost of down feathers is quickly rising because of the current bird flu epidemic and some exceptionally cold winters in big markets, according to an official of Allied Feathers & Down. This may affect animal welfare, he adds: As prices increase, unscrupulous suppliers will try to offer material from ...
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Mountain Warehouse boasts festive record
Mountain Warehouse, the British outdoor retailer, reports a buoyant holiday season as its sales increased by 28.8 percent for the six weeks to Jan. 1, with a jump of 71 percent in international sales. The retailer's comparable store sales were up by 13.6 percent and its online sales soared by ...
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The EOG and the OIA want a better trade show experience
The European Outdoor Group (EOG) has invited brands and retailers to find out what they really want from the OutDoor show in the future. It is circulating a questionnaire, asking for responses by Jan. 25 to a series of questions and assuring them that their identity will remain confidential.The questionnaire ...
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Beretta invests in Zamberlan
The firearms and outdoor segments are drawing closer together not only in the U.S. (see the previous article on Smith & Wesson), but in Italy as well. Beretta, a big Italian manufacturer of guns, pistols, rifles and other firearms, has acquired a 40 percent stake in Zamberlan, one of the ...
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New Wave Sports becomes Craft of Scandinavia
New Wave Sports, a subsidiary of the big New Wave Group formed in 2008, has been renamed as Craft of Scandinavia, with an ambitious plan to raise its annual sales from around one billion Swedish kronor (€104.5m-$110.8m) to SEK 1.5 billion (€156.8m-$166.3m) by 2020, partly through a diversification into the ...
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Batra gets the Hi-Tec shoe license for many European countries
Cherokee Global Brands (CGB), a U.S. company that agreed a few weeks ago to take over nearly all of the assets of Hi-Tec International and turn it into a licensing operation, says it has already sealed licensing agreements with Carolina Footwear for the U.S. and Canada, and the Batra Group ...
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The former Smith & Wesson targets the outdoors
Like Vista Outdoor, American Outdoor Brands Corp. (AOBC), the U.S. company previously called Smith & Wesson, intends to diversify from the firearms and ammunition segment into the rugged outdoor sector. For this purpose, American Outdoor Brands has announced the establishment of a new Outdoor Recreation Division that will be led ...
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U.K. retailer moves ahead with integration
Outdoor and Cycle Concepts (O&CC), the British specialist retailer, has moved ahead with the integration of the management teams for Cotswold Outdoor and the Snow + Rock Group, about a year after the start of the joint entity in October 2015.Buying, retail management and marketing have all been brought under ...
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Rocky sees inventories normalizing
Rocky Brands reported sales of $73.2 million for the third quarter, which represent a 4.6 percent increase versus the comparable period last year. The company said that inventory levels, which had grown due to last year's warm winter, began to normalize in the third quarter, with orders finally picking up. ...
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New international sales structure for VF
VF Corporation announced the retirement of Karl Heinz Salzburger, the 59-year-old vice president of the group and president of VF International, at the end of this year, after 19 years with The North Face and VF. During the first quarter of 2017, Salzburger will act as special adviser to VF's ...
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Johnson Outdoors hit by sagging military tent sales
The turnover of the outdoor gear division at Johnson Outdoors slumped by 15.9 percent to $40.0 million for the full year to the end of September, but this was chiefly due to sagging sales of non-core military tents, while the U.S. group boasted unprecedented demand for the Jetboil brand. The ...
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Thorlo goes direct in key European markets
Thorlo is adjusting its strategy in the European market, by ending its distribution agreements and switching to agencies in Germany, Austria, France, Spain and the Benelux countries. The U.S. supplier of technical socks explains that the change makes its European sales more cost-efficient and reduces the impact of currency exchange ...
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Devold starts European expansion drive in Germany
Herbert Horelt, former general manager for Haglöfs in Germany, has been appointed to lead a new subsidiary for Devold of Norway in that country, as part of the strategy by the Norwegian specialist in merino underwear to double its international sales in the next few years. They made up 28 ...
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The Higg Index to include a tool for designers
The Sustainable Apparel Coalition (SAC) has expanded its Higg Index to include a tool that will help designers and developers make sustainable choices in footwear and textile prototype design. The new Higg Index Design and Development Module (DDM) collects data on the different products and provides a single design score, ...
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Crocs’ gross margin improves on weaker sales
Crocs posted revenues for the third quarter that were at the low end of the range it had predicted, going down by 10.3 percent over the year-ago quarter to $245.9 million, or by 11.6 percent on a constant-currency basis.However, the gross margin topped expectations, exceeding the guidance by approximately 2.0 ...
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Woolrich falls under its licensee’s control
In a rare case where a company is acquiring control on a global basis of the brand it distributes or licenses in certain territories, Italy's WP Lavori in Corso is merging its operations with those of Woolrich Inc. to form a new company, Woolrich International, in which it will have ...
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JD Sports Fashion is buying Go Outdoors
JD Sports Fashion says it has paid about £112.3 million (€134.5m-$142.6m) to acquire the entire issued share capital of Go Outdoors, a British outdoor retailer with 58 large-scale stores, forming the largest outdoor retail group in the country with strongly complementary concepts. JD is assuming net debt of about £16 million ...
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Strategic rethink for some European brands in tough U.S. market
Montane, the British outdoor apparel brand, has obtained a distribution agreement with Neskowin Outdoor for the North American market, replacing a partnership with a smaller distributor, Sport Hansa, which specializes in outdoor equipment.The deal should enable Montane to considerably expand its business in North America, at a time when several ...
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AMG gets investment firm on board
Growth Capital Partners (GCP), a British investment firm, has acquired a minority stake in the AMG Group, the Glasgow-based supplier of branded camping, ski and outdoor equipment. AMG's chief executive, Stephen Newlands, said the deal should enable it to expand its international business with more distribution and potentially acquisitions.AMG's brands ...
