All Article articles – Page 179
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Deckers grows strongly abroad
On a currency-neutral basis, international sales rose by 26.6 percent during the financial year ended March 31 for the parent company of Ugg, Teva, Sanuk and Hoka One One, and they were up by 38.3 percent in the fourth quarter. Translated into dollars, the growth was still pretty strong, showing ...
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Rebound in retail sales for Peak Performance
Robust retail sales enabled Peak Performance to deliver a sales increase of 2.5 percent to 284.6 million Danish kroner (€38.1m-$43.2m) in the quarter until the end of March, amounting to an increase of 3.6 percent in constant currencies.The Swedish ski, outdoor, golf and fashion brand's retail sales soared by nearly ...
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New solutions for outdoor products at Techtextil
Outlast presented the second generation of its PCM acrylic fiber at the Techtextil trade show in Frankfurt, on May 4-7. Using a new production process, the company said it gets the Outlast acrylic fiber to perform four times better than the existing version. In particular, the spinning and dyeing properties ...
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Vaude a “leader” in labor standards
Vaude announces that it has reached “leader” status as a member of the Fair Wear Foundation (FWF), reaching a score of 83 percent in its 2014 Brand Performance Check. The German company says it is carrying out 96 percent of its production in facilities that have been monitored in accordance ...
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Jarden reports lower outdoor sales
Sales declined by 8.7 percent to $624.9 million in the Outdoor Solutions segment of Jarden Corp., due for the most part to a drop of nearly 8 percent in the value of the euro and other major currencies against the dollar. Another reason was a delay in shipments of fishing ...
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Strong growth for Thule
Thule Group reported vastly improved results for the first quarter of 2015. Sales increased by 27.1 percent to 1.37 billion Swedish kronor (€145.6m-$163.1m). They went at a lower rate of 11.5 percent in local currencies, with lower growth in North America than in Europe and the rest of the world.Sales ...
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A tough quarter for Garmin
Garmin is delivering improved versions of its Virb action camera in the second quarter, with enhanced mobile applications, to help counter the competition from GoPro. Introduced last year, Garmin's Virb has failed to make a significant dent in the market until now, helping to depress its sales in the outdoor ...
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Gabel takes the helm at Merrell
Wolverine Worldwide announced last week that Gene McCarthy, who has been president of the Merrell brand since August 2013, has left the company. His functions are being taken over by Jim Gabel, president of the company's Performance Group, which also includes Chaco and Saucony.Gabel came to Wolverine about a year ...
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The industry responds to the Nepal earthquakes
Many sports and outdoor companies have committed donations to the relief efforts organized by several organizations for the survivors of the devastating earthquake that struck Nepal on Apr. 25, causing more than 8,000 deaths and depriving the remaining population of houses, food and water. Some isolated villages were particularly affected. ...
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Soaring European sales for Columbia
Columbia Sportswear's sales soared by 22 percent to $47.8 million in Europe, the Middle East and Africa (EMEA) for the first quarter of this year, marking a return to expansion in this regional market. It contributed to an ample increase in sales and record income for the entire group, as ...
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Sales drop at Camelbak
Sales were off by 4.8 percent to about $36.9 million for Camelbak Products in the first quarter of this year. Adding that it was pursuing “add-on acquisitions,” Compass Diversified Holdings (CODI), parent company of the brand, said the drop was exclusively due to a decline of $2.6 million in sales ...
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TNF and Timberland become less seasonal
Sales of VF Corp.'s outdoor and action sports division, with brands ranging from The North Face to Timberland and Vans, among others, advanced in the first quarter by 2 percent to $1.6 billion, which amounted to a rise of 10 percent in constant currencies.Quarterly sales for The North Face increased ...
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Lowa hires an Asia specialist
Lowa is reinforcing its investments in Asia with the appointment of Matthias Preussel in the new position of sales director for Asia-Pacific. Preussel previously worked as head of sales at Mammut, helping to set up a Chinese subsidiary for the Swiss outdoor brand, supervising its operations in South Korea and ...
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Broad-based quarterly growth at Amer Sports
The year got off to a strong start for Amer Sports, which lifted its turnover by 5 percent in constant currencies for the first quarter. The rise was driven by increased apparel and footwear sales as well as winter sports equipment and sports instruments, while restructuring measures in ball sports ...
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Amer strengthens digital connectivity
Amer Sports has acquired full ownership of Sports Tracker Technologies, including its Sports Tracker application, at undisclosed conditions, moving quickly to complete the transaction with the finnish firm. Sports Tracking Technology is a company spun off from Nokia in 2009. It is run by former officials of the Finnish telecommunication ...
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Amer sells Bonfire and Nikita
As expected, Amer Sports has sold off its two brands of board sports clothing. The new owner is Pretty Great, a subsidiary of a Singapore-based company, CNR Pte. Amer had inherited the American Bonfire brand as part of its acquisition of Salomon in 2005. It bought Nikita, a women-specific brand ...
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Black Diamond improves on all fronts
The Black Diamond Inc. group's sales inflated by 13 percent to $50.3 million in the first quarter of 2015, and they were up by 18 percent in local currencies. In dollars, revenues increased by 22 percent in the U.S. to $20.9 million, and by 8 percent in the rest of ...
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Outdoor grows again at Johnson Outdoors
Outdoor equipment – the Jetboil, Silva and Eureka! brands of hiking and camping products - was the only segment of Johnson Outdoors that reported increased profits in the second quarter ended April 3. Its operating earnings jumped by 87 percent to $1,070,000 as compared to the same period a year ...
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Vaude resumes production after a fire
Vaude is rapidly recovering from a fire that broke out at its headquarters in the German town of Tettnang during the night of April 27, causing damages evaluated at a total of between €500,000 and €1 million, which will be covered by insurance. The fire was caused by lightning that ...
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The strong dollar affects Wolverine’s results
Wolverine Worldwide enjoyed a 50 percent increase in sales to foreign distributors in the last two years, and the company continues to see international expansion as being critical to the future growth of its brands, now numbering 15 following the termination of its footwear licensing contract with Patagonia.In the first ...
