All Article articles – Page 162
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Lafuma posted healthy half-year results
The Lafuma Group managed to improve both sales and margins during the first six months of the year, despite challenging economic conditions and sluggish consumption. The French company's revenues gained 6.9 percent over the year-ago period to €85.6 million, with significant disparities among its brands.Overall, the group managed to increase ...
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Mammut grows slightly
The Swiss Conzzeta group has reported slightly improved net revenues of 101.4 million Swiss francs (€92.7m-$103.7m) in the first six months of 2016 for its Mammut Sports Group, compared with CHF 99.3 million in the same period of last year. The segment's losses declined to CHF 4.5 million (€4.11m-$4.60m) from CHF 5.9 ...
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Thule grows nicely, makes more profits
The Thule Group reported net income of 308 million Swedish kronor (€32.2m-$35.7m) for its continuing operations in the second quarter ended June 30, up sharply from SEK 278 million in the same period of 2014. The gross margin went up to 41.6 percent from 40.5 percent, due primarily to positive ...
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Garmont raises its profitability
Garmont International has reported a net profit of €629,000 for 2015, 142 percent above the level of 2014. Operating earnings before amortization (Ebitda) grew by 105 percent to €278,000. Sales grew by 40 percent to €12.5 million, or by 20 percent on a comparable, pro-forma basis.It was a very good ...
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Wolverine falls less than expected
Wolverine Worldwide reported a 5 percent drop in its net income to $24.0 million for its second quarter, ended June 18, as its sales fell for the fourth quarter in a row, down by 7.4 percent to $583.7 million in dollars and by 5.2 percent on an underlying, currency-neutral basis. ...
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Outdoor and fitness drive Garmin
Sales increases of 23 percent in the outdoor segment and 34 percent in the fitness segment in the second quarter ended June 25 allowed Garmin to strengthen its position in the rapidly growing wearables market, helping the company to book a 5 percent increase in total revenues to $812 million. ...
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Hoka One One makes a pause at Deckers
Deckers Brands posted a lower-than-expected net loss of $58.9 million in the seasonally weak first quarter of its financial year, ended June 30, although it remained higher than the $47.3 million loss recorded in the year-ago period. The gross margin rose to 43.7 percent from 40.5 percent in the same ...
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Crocs sells more but falls short of guidance
Crocs posted revenues for the second quarter that came up short of its own guidance for sales in the range of $340 million to $350 million. They dipped by 6.3 percent over the year-ago quarter to $323.8 million, or by 6.2 percent on a constant-currency basis.The company blamed the challenging ...
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Strong progress at Craft’s parent company
Reaching a new record for the quarter, the New Wave Group raised its total revenues by 6 percent to 1,257 million Swedish kronor (€132.5m-$148.2m) for the second quarter ended June 30, with growth of 8 percent in local currencies.It was a particularly strong performance in view of the fact that ...
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Weak quarterly growth for Columbia
Columbia Sportswear's sales were up by just 2 percent in dollars and local currencies in the second quarter ended June 30, but they still reached a record level of $388.8 million for the period. The variation is not very significant as this is the weakest quarter in the group's financial ...
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Impairment charges hit Johnson Outdoors
Johnson Outdoors posted weak results for its fiscal third quarter ended July 1, with profits tumbling against the year-ago period due to non-cash goodwill impairment charges of $6.2 million for the Diving segment. Net income plummeted by 31.5 percent to $6.8 million.These charges were triggered by the company's decision to ...
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Rossignol buys Raidlight-Vertical
As part of its plans to diversify its business, the Rossignol Group has finalized the takeover of Raidlight-Vertical, a French company specializing in products for trail-running and other outdoor pursuits, with 55 employees and a turnover of about €6.5 million for the year until July 2015.The deal should support the ...
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Bergans moves distribution for European market
Bergans is preparing to close its Norwegian warehouse and centralize its entire European warehousing operations in Hamburg next year, as part of intensified efforts by the Norwegian outdoor brand to support its international business. This push is to come with more investment in the brand and extra resources to support ...
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Recco is now being used year-round
Recco has hired Marcus Löwgren to act as global sales manager, based in Stockholm. One of his tasks will be to move the avalanche system provider to a year-round outdoor application, assisting people even when there is no snow.Löwgren comes from IBM. He previously co-founded a talent match-making services in ...
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JD Sports is apparently circling Go Outdoors
JD Sports Fashion, the owner of Blacks, Millets and several other sports retail formats in the U.K. and other European countries, declined to comment on British reports that it was eyeing a takeover of Go Outdoors. The British outdoor retailer with about 60 large-scale stores announced earlier this year that ...
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On launches trail running shoes, apparel
On, a fast-growing Swiss-based brand of running shoes, launched its first line of trail running shoes in June, delivering it to about 1,500 doors and starting at the higher end of this growing market.On has also launched its first line of functional running clothing. Consisting of only eight “essential” items ...
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Another poor quarter for Black Diamond
Black Diamond saw profits and margins dive further in the second quarter, as the company faced foreign exchange challenges and higher manufacturing costs. The American maker of climbing gear and apparel posted revenues from continuing operations down by 3.0 percent over the year-ago quarter to $29.1 million. Excluding the impact ...
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Amer Sports ups investments
The Amer Sports group has predicted a small decline for this year in the sales of its winter sports equipment, comprising the Atomic and Salomon brands, after the unfavorable previous winters and a 3 percent drop in orders for the coming season. But this comes after a sales hike in ...
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Weak quarter for Timberland affects VF sales guidance
The outdoor and action sports business at VF Corp brought in mixed results for the second quarter ended July 2, combining sales increases for The North Face and Vans, and a decline for Timberland, caused by the Americas and Asia-Pacific.The group said it was broadly on track but the Timberland ...
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Globetrotter adjusts branding, private label
Globetrotter's turnover declined in the first half of this year but the profitability of the leading German outdoor retailer sharply increased, judging from the performance of Fenix Outdoor International, the Swedish-based group that owns Globetrotter. The entire company's turnover was on the rise, driven by avid demand for the Fjällräven ...
