All Article articles – Page 170
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Decathlon spreads abroad and online
Decathlon expanded its international reach last year by moving into two more countries, supporting a sales increase of 12 percent to €9.1 billion excluding tax. The French sports retailing giant reports that its comparable sales improved by 5 percent for 2015, after a rise of 6 percent the previous year.After ...
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Icebug continues to grow by 30%
Icebug got an Ispo Award last month for an interesting new and versatile “three-season sneaker” for everyday use, which it demonstrated at the Ispo Munich fair. It features a suede leather upper and a rubber sole fitted with two of its patented traction technologies. The rubber compound provides traction on ...
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Tutwo takes on Salewa
Salewa has teamed up with Tutwo (Xiamen) Outdoor Co., which is probably the second-largest Chinese outdoor retailer after Sanfo Outdoor Products, for its distribution in the Chinese market. The agreement comes after the Italian outdoor company, owned by Operalp, put an end to a previous Chinese joint venture created with ...
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Former Wenger managers rethink Swiss knives
Several former managers at Wenger have returned to the Swiss knives market with the Swiza brand. Targeting outdoor retailers and department stores, they are currently expanding their distribution in Europe and aiming at both parts of America for the years to come.Swiza knives are marketed by Helvetica Brands, which is ...
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Macpac to explore more markets under new ownership
Macpac intends to bring apparel into Europe following an agreement by Champ Ventures, an Australian private equity partnership, to acquire 90 percent of the shares in the New Zealand outdoor apparel and equipment brand. The transaction, which was agreed at undisclosed terms, is expected to be finalized at the end ...
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New Woolrich Europe launches a more technical line
In order to support a new development plan for its licensed Woolrich brand, WP Lavori in Corso has split itself into two entities with the creation of a new legal structure called Woolrich Europe, effective Jan. 1. Like WP Lavori in Corso, the new Woolrich Europe will also be fully ...
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Partial win for selective distribution in Germany
In a high-profile case around selective distribution, the competition chamber of Frankfurt's higher state court (Oberlandesgericht) has decided that Deuter Sport should be allowed not to deliver to retailers who sell their products through marketplaces such as Amazon. On the other hand, the court found it unacceptable from a competition ...
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Intersport claims rising market shares in outdoor
The management of Intersport International Corp. (IIC) claims that its banner continued to gain market shares in the European outdoor market in 2015, with its affiliated retailers booking a sales increase of just over 4 percent in this segment against an estimated growth of only around one percent in the ...
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Changes at Camelbak in the U.S. and Europe
Sally McCoy is leaving as chief executive of Camelbak Products after nine years in the role and five months after its sale by Compass Diversified to Vista Outdoor. A well-known personality in the outdoor industry, McCoy grew Camelbak from $122.2 million in 2010 to $160 million before the latest change ...
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Black Diamond Europe relocates to Innsbruck
As we had indicated in our previous issue, Black Diamond is closing its European office near Basel in Switzerland. Only seven of its 40-odd employees will stay with the company and move to Innsbruck, the vibrant outdoor city in Austria chosen as the new venue, including two managers, Craig Foster ...
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Staff cuts at GoPro after weak quarter
GoPro is letting go 105 employees, or about seven percent of its staff, after another disappointing quarter that sent its shares tumbling down. The maker of action sports cameras announced last week that its sales for the fourth quarter should reach about $435 million, down by more than 31 percent ...
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Outdoor industry stocks rose by 9.8% last year
The publicly listed sporting goods companies performed much better than the overall stock market in 2015 once again, according to an annual research project conducted by our sister publication, Sporting Goods Intelligence. Their combined stock market capitalization rose by 22.7 percent, or a little faster than the 19.3 percent gain ...
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Eoca celebrates its 10th anniversary
During 2016, the European Outdoor Conservation Association (Eoca) will be celebrating its achievements since it was formed, ten years ago. Celebrations will kick off at Ispo in Munich, the trade show on Jan 24-27, with the announcement of new members, an after-work get-together event, hosted by Eoca and Keen, and ...
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Calls for more visible and green innovation
Since the sports and outdoor shop run by Rainer Angstl in Munich is situated in the same building as an Apple store, the chief executive at Sporthaus Schuster witnessed first-hand the queue forming several days ahead of the launch of the Iphone 6S a few weeks ago. It started with ...
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Millennials and Gen Z reshape the market
Millennials were at the center of many discussions at the European Outdoor Summit (EOS) in Sheffield, as demanding consumers as well as employees who could help outdoor companies to adjust to the increasingly volatile environment around them.Millennials are people who grew up with the internet and digital services, and are ...
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Snowleader raises funds for international expansion
Snowleader, a French online retailer specializing in outdoor and winter sports products, has raised €2.5 million from existing and new shareholders. The company said the resources would support the expansion of its international sales, which make up about 12 percent of its turnover, and enable it to seize external growth ...
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Ludwig Maul delivers in spite of insolvency proceedings
Ludwig Maul, a German company specializing in outdoor apparel, has filed for receivership in Munich, but the company's operations are said to be profitable and its business should continue without interruption.Stephan Ammann from Pluta Rechtsanwalts in Munich, who was appointed as receiver by the bankruptcy court handling the case, said ...
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China’s Sanfo lands successfully on the stock exchange - at last
Beijing Sanfo Outdoor Products, which claims to be China's largest specialty retail group in the outdoor sector, had a good start at the Shenzhen Stock Exchange on Dec. 9. The retailer ended up raising about 160 million yuan renminbi (€22.6m-$24.7m) from its long-awaited initial public offering, issuing 17 million new shares ...
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Change of CEO at expanding Cotswold
Greg Nieuwenhuys, chief executive at Bever, the leading Dutch outdoor retailer, is starting from Jan. 4 as chief executive at Outdoor & Cycle Concepts, which formally brings together Cotswold Outdoor, Snow & Rock, Cycle Surgery and Runners Need, as described above. These British retailers and Bever are all part of ...
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Ternua's export drive is on budget
The Ternua Group raised its sales in Europe and Asia by 15 percent this year. Without disclosing the precise turnover figures, the international sales manager of the Spanish-based group responsible for the two regions, Michel Gogniat, says they were in line with an objective to boost total revenues from €27 ...
