All Article articles – Page 160
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Columbia, affected by U.S. retail caution, improves in Europe
The Columbia Sportswear group has been making ample progress in the European countries where it operates directly, with a sales rise at the upper end of the 20 percent range for the third quarter. Tim Boyle, the company's chief executive, told analysts in a conference call that it was expecting ...
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Outdoor activities to fight cancer
Outdoor against Cancer (OaC), a German charity organizing outdoor activities for cancer patients, is campaigning to find more sponsors and supporters for its initiatives in Germany and across Europe. The charity, which is based in Munich, was founded in 2015 by Petra Thaller, a media professional and cancer patient herself, ...
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Acquisitions boost Vista Outdoor’s results
Vista Outdoor reported a 24 percent sales increase to $684.3 million for its second quarter, ended Oct. 2, but they were up by 5 percent organically excluding acquisitions including that of Camp Chef, which closed during the quarter.In the outdoor products segment, sales jumped by 51 percent to $321 million ...
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Mountain Warehouse IPO shelved
Mountain Warehouse, the British outdoor retailer focusing on private labels, has reportedly shelved plans for an initial public offering (IPO) that was projected to value the company at about £200 million (€224.3m-$244.3m), despite record sales for the first half of its fiscal year.Mark Neale, the group's chief executive, told The ...
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Wolverine loses sales but improves margins
Our estimates for the rugged outdoor shoe market, which we published in our last issue, confirm a previous statement by Blake Krueger, chairman, chief executive and president of Wolverine Worldwide, that the market has entered a phase of slow or inexistent growth, which he called “the new normal.”His statement, which ...
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The industry joins forces to promote outdoor sports
After working in parallel for many years, the European Outdoor Group (EOG) and the European Network of Outdoor Sports (ENOS) are joining forces to promote greater participation in outdoor sports activities all over Europe, with the blessing of the European Commission.Everybody knows the EOG, which is reaching out to retailers ...
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Outdoor retailers want more support and exchanges
The European Outdoor Summit in Barcelona marked the start of intensified discussions with retailers in the European Outdoor Group (EOG), after the appointment of two specialists who are to reinforce the productive partnership between suppliers and retailers in the association.The EOG started working together with retail members two years ago. ...
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Hunter diversifies with a rainy message
Hunter Boot, the British brand of wellington boots, has launched Core Concept, a new seasonless collection of water-repellent garments and accessories, including rubber coats, vinyl ponchos and backpacks with the vivid colors used also in some of the brand's newest rainboots.The launch is backed by a global campaign titled #RainStartsPlay, ...
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Deuter holds its own, Osprey outperforms
Schwan-Stabilo reported a 40 percent increase to €157.1 million for its outdoor division, which owns Deuter, Ortovox, Maier Sports and Gonso, during the financial year ended in June. However, the company's management indicated to us that most of the growth came from the acquisition in July 2015 of Maier and ...
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Rendle to take over as VF’s chief executive
Steve Rendle, the current 57-year-old chief operating officer at VF Corporation, has been appointed to become the group's new chief executive from the start of next year. He will take over from Eric Wiseman, 60, who has held the job for nine years and will continue to serve as executive ...
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EOS calls on the industry to invest on sustainability
Outdoor companies were urged at the European Outdoor Summit (EOS) in Barcelona last month to make their business more resilient by getting ahead of regulations to come, not least in terms of sustainability.The topic was fluently addressed by Rick Ridgeway, vice president of public engagement at Patagonia, at the EOS. ...
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Hydro Flask’s big rally goes on
Helen of Troy, the U.S. consumer goods conglomerate that bought Hydro Flask last March, is apparently getting a good return on its $209 million investment. Last July, it said that the insulated bottle maker's sales had been 22 percent higher than expected in the first quarter, without giving a precise ...
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Bergans restructures its international business
Bergans of Norway has decided to shut down its sales organizations in the U.K., France, the U.S. and Canada, to focus its product and marketing investments on the Nordics, the German-speaking countries and the Benelux countries. The changes come with adjustments in the Norwegian brand's broader sales and marketing strategy, ...
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French outdoor “barometer” charts changing participation
About 32 percent of French people aged 15 and over regularly practice outdoor sports and leisure activities, mostly to improve their well-being and to be close to nature, according to the new French “Barometer of outdoor sports participation.”The findings stem from a survey involving about 4,000 people from 15 to ...
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Decathlon announces Innovation Awards
Quechua, Nabaiji and Kalenji are the three “passion brands” that have been honored with this year's Innovation Awards Decathlon (IAD). The eight Decathlon brands that had been selected to present their innovative products included Artengo, B'Twin, Domyos, Fouganza, Kalenji, Nabaiji, Quechua and Wed'ze. The award ceremony was followed online by ...
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Mizu opens a European office in Amsterdam
We have already reported about Hydro Flask's new European headquarters in Basel, Switzerland (The Compass – Vol. 9 – N° 7+8 of Apr. 13). Last month, another American supplier of vacuum-insulated drinkware as well as reusable bottles, Mizu, announced the opening of a wholly owned European subsidiary, Mizu Europe.Mizu Europe ...
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Slower expansion for outdoor shoes at Amer
Sales of outdoor apparel and footwear at the Amer Sports group have taken a break from the double-digit increases delivered in the first half of this year, but the outdoor category remained strong and it supported the growth of the entire Finnish group in the third quarter.The Amer group's sales ...
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TomTom lowers guidance after poor PND sales
TomTom lowered its full-year sales target to €980 million from €1,050 million, after preliminary figures showed sales of its personal navigation devices (PNDs) dropped more than expected in the quarter ended September 30, 2016. Noting that the European PND market is experiencing a faster rate of decline in terms of units ...
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Small adventures and fun can stimulate outdoor participation
The Pokémon Go craze that erupted this summer came as a case in point for one of the topics at the European Outdoor Summit held in Barcelona last month – the trend toward gamification of outdoor activities, as a means of creating new experiences and enlarging the scope of the ...
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Pentland Brands adds strategic and division heads
Pentland Brands has expanded its management team with two divisional heads and one strategic director, in order to more efficiently coordinate the growing brand portfolio and fill gaps in interesting categories.Chirag Patel, former global vice president of product and marketing at Lacoste Chaussures, has been appointed director of global strategy, ...
