All Article articles – Page 169
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Mountain Warehouse may go public
Mountain Warehouse, the British outdoor retailer, has reportedly retained Rothschild, the investment bank, to explore a sale of the business and a potential stock market launch. City AM reports that the owners are eyeing a valuation in the range of £200 million (€257.7m-$290.1m) for the company, which has 228 stores ...
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Fenix Outdoor thrives, Globetrotter recovers
Fenix Outdoor International's profit improved slightly despite vastly increased sales last year, as the strong performance of the group's brands and its Swedish retail business was mitigated by the charges affecting its retail division after the acquisition of Globetrotter, the German outdoor retailer.Martin Nordin, chief executive of the formally Swiss ...
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Thule expands in outdoor, improves margins
The board of directors of Thule Group has set a new target of 17 percent for the company's operating margin (Ebit) after a year in which it reached a level of 16.0 percent, well above the previously set target of 15 percent. After its strategic repositioning in the outdoor and ...
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Keen expands executive team
Rob Langstaff, who spent the last two years supervising sales in Asia-Pacific and Latin America at Brooks Running, has been appointed vice president of international at Keen, the U.S. manufacturer of outdoor footwear. He is taking over from Morten Israelsen, who moved to England for personal reasons.Langstaff is a seasoned ...
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The European outdoor market looks moderately positive
Providing the first indications of the outdoor sector's performance ahead of its 2015 State of Trade report, the European Outdoor Group (EOG) reported last month that 85 percent of the 50 EOG members questioned were able to post an increase in their wholesale revenues in Europe last year. In fact, ...
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The EOG’s membership expands
The European Outdoor Group is recruiting more retailers and is about to sign up the first two or three ingredient brands. Since it opened the membership to them in 2014, the EOG has won over 17 retail members including big players like AS Adventure and Fenix Outdoor, buying groups like ...
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Earlier dates for the OutDoor show
The European OutDoor show will take place in mid-June rather than in mid-July in 2017 and 2018, following a trend toward earlier dates fbor all kinds of apparel and footwear trade shows around the world. Along with its earlier dates, the four-day show will also start on Sunday rather than ...
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Peak Performance sales decline on wholesale cuts
Peak Performance saw its sales decline by 4.1 percent to 562 million Danish kroner (€76.3m-$84.6m) for the six months until the end of last year, due to a clean-up in distribution that reduced its wholesale turnover, as well as weaker demand in Norway and Finland. The sales decline amounted to ...
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Peak Performance invests in upmarket store concept
Peak Performance is preparing to refit all of its own stores in the next two years, as part of a strategic shift for its urban outdoor range. With light grey flooring and original beam patterns on the ceiling, the retail concept matches a more premium appearance for the Swedish brand.Peak ...
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Robust quarter for Columbia despite warm weather
Columbia Sportswear's sales in Europe, the Middle East and Africa (EMEA) declined by 15 percent to $58.2 million in the three months to the end of last year. Sales contracted by 6 percent in constant currencies, due to a fall of more than 30 percent in sales to distributors. The ...
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Columbia invests in European ranges and marketing
As part of its increased focus in European markets, Columbia has been adjusting its product range to make sure that about 20 percent of the offering is specific to European consumers. This change already began last year but the range has been more thoroughly adjusted this year.It comes after the ...
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Sigg could have Chinese owners
Sigg Switzerland, the maker of outdoor drinking bottles, is being acquired for 16.1 million Swiss francs (€14.6m-$16.5m) by Zhejiang Haers Vacuum Containers from China, according to Froriep, a Swiss law firm that advised Haers on the deal. The Riverside Company, a U.S. private equity firm that has been Sigg's owner ...
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Outdoor brands under Greenpeace scrutiny
Leading outdoor brands have reaffirmed their commitment to eliminating per- and polyfluorocarbons (PFCs) from their production after Greenpeace said it has found “hazardous PFCs” in outdoor apparel, footwear and other products tested for its latest report on outdoor gear, called “Leaving Traces.” At a packed press conference at Ispo Munich, ...
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Birkenstock cancels order stop
The moratorium on new orders that was announced by Birkenstock on Oct. 30 last year was formally lifted at the start of the GDS show in Düsseldorf. From last November to this February, Birkenstock stopped taking orders for any of its products, due to bottlenecks in the supply chain.Birkenstock again ...
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Good momentum and big goals for Tecnica
Tecnica Group appears to rebound. Preliminary figures indicate that the Italian company reached a sales increase of around 10 percent to about €330 million in 2015, thanks mainly to the introduction of new products. The estimates excludes the Dolomite brand, which was sold to Scott Sports Group in November 2015.The ...
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New boss for Arc'teryx
Jon Hoerauf, global commercial leader at Arc'teryx, has been appointed as the Canadian outdoor brand's new president and general manager. Prior to Arc'teryx, Hoerauf spent 13 years at The North Face, in various functions from sales to marketing and product. He will report directly to Heikki Takala, chief executive of ...
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Ample gains for outdoor division at Amer Sports
Amer Sports ended last year with a robust fourth quarter, again fueled by sharp rises in apparel and footwear sales. The turnover of the Finnish group, with brands from Salomon to Atomic, Arc'teryx, Wilson and Precor, among others, increased by 11 percent to €783.7 million, with a rise of 6 ...
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Wolverine changes its brand structure again
Wolverine Worldwide announced the resignation of Jim Gabel, president of its Performance Group, saying that he is relocating back to Canada for personal reasons. He had joined Wolverine two years ago after running Adidas Canada.With his departure, Wolverine is again reshuffling its brand management structure, creating a new operating group, ...
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Deckers restructures after poor results
Besides Wolverine Worldwide, which will announce its financial results later this month, another big American multi-brand conglomerate, Deckers Brands, is changing its brand management structure, too. It is creating two new business units: the Fashion Lifestyle Group with Ugg and the recently acquired Koolaburra brand, and the Performance Lifestyle group ...
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Garmin acquires DeLorme
Garmin has entered into an agreement to purchase substantially all of the assets of DeLorme, a privately-held company that produces maps and hand-held satellite communications. The terms of the transaction, which is expected to close by mid-April, were not disclosed.The DeLorme portfolio include the inReach series of two-way satellite communication ...
