All Article articles – Page 181
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Garmin performs better in fitness than outdoor
Garmin reported a 4 percent sales increase to $427.9 million in the outdoor segment for the financial year ended last Dec. 27, but there was a decline of 8 percent in the fourth quarter. Flat sales are expected in 2015.The quarterly gross margin and the operating margin remained strong at ...
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Thule’s backpacks hit the market
Thule's first line of technical backpacks, which was launched at the OutDoor fair in Friedrichshafen last July, is making its retail debut this month at specialty outdoor stores like Naturkompaniet and Outnorth in Sweden or Globetrotter in Germany. The distribution of the packs, which are protected by several patents, is ...
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Lafuma turns around
The Lafuma Group reported a quantum improvement in the financial year ended Dec. 31, posting a net profit of €2,270,000 for the period against a net loss of €69,196,000 in the comparable 12-month period through December 2013. It booked ordinary operating earnings of €3,039,000 versus an operating loss of €4,233,000. ...
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Wolverine turns around in the quarter
Wolverine Worldwide has great hopes for the ongoing progress of its biggest brand, Merrell, through the introduction of Capra, its new range of waterproof boots named after the goat, which is enjoying particularly strong demand in Europe.The range features a sole, developed in cooperation with Vibram, that replicates the foot ...
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Jack Wolfskin appoints a new CFO
Jack Wolfskin is continuing to rejig its executive team, with the appointment of Axel Mau as chief financial officer. The job had been handled temporarily by Christian Brandt, after the departure of Andreas Klotz two years ago. Brandt will also be stepping down from his job as chief operating officer ...
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Record amounts collected for outdoor conservation at Ispo
The European Outdoor Conservation Association (Eoca) collected an overall €8,556 from the recent Ispo trade show in Munich. The Smartwool Vending Machine, which distributed socks on site, proved particularly successful, as it raised nearly €6,500. Socks also proved popular during the Eoca Happy Hour, which reportedly saw Teko Socks being ...
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Black Diamond explores strategic alternatives
The stock market valuation of Black Diamond Inc. shot up by 37 percent to $315 million after the company reported strong progress in sales and margins and announced that it has retained two financial advisers to lead the exploration of “a full range of strategic alternatives” for each its remaining ...
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Alfa prepares to expand internationally
Alfa, the Norwegian outdoor footwear company, is preparing to open offices in Sweden and Finland as it starts to explore foreign markets in earnest. This comes after the company has entirely overhauled its range and brand identity over the last three years to fit international demand.Alfa's managers began to review ...
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Lafuma reorganizes its outdoor sales structure
The Lafuma Group has announced a reinforced international wholesale organization for the three outdoor brands that belong to its so-called Mountain Group - Millet, Lafuma and Eider - with five area managers reporting to a single head of wholesale, Thibaut Cornet, who previously acted as deputy general manager of Eider.Three ...
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Gore introduces a new, versatile technology
About 30 brands have adopted the new Gore-Tex C-Knit backer fabric technology in some of the jackets and trousers that they are proposing for the next autumn/winter season, creating a new category in their collections. Developed by W.L. Gore & Associates, it is designed for broader usage than the more ...
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A slightly resilient outdoor market in Europe
A preliminary study by European Outdoor Group (EOG) indicates that the European outdoor market expanded by 2 to 3 percent last year, despite often tough trading conditions. The EOG told journalists at the Ispo Munich trade show that this continued growth underlined the resilience of the outdoor market, but it ...
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New EOG focus on sports participation
A handful of members of the European Outdoor Group's board of directors have formed a working group of suppliers and retailers on physical activity – one of five areas that were identified or confirmed as priorities for action at its general assembly in the framework of the recent Ispo Munich ...
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New top manager for Didriksons
Johan Ekeroth became the new chief executive of Didriksons on Jan. 5, taking the place of Sören Andreasson, who remains as a significant shareholder in the company and as a member of the board of directors. Ekeroth, 45, was most recently Asics' sales director for the Nordic countries and Benelux. ...
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Knut Jaeger: The unexpected death of a visionary man
Knut Jaeger, co-founder of the OutDoor show in Friedrichshafen and co-founder of the Asia Outdoor fair in Nanjing, died on Jan. 30 in Hong Kong at the age of 72. The Chinese and European industry was shocked as many of his business partners, including two of our collaborators, had just ...
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Vaude sets new criteria for its retail partners
Vaude has issued new guidelines for the distribution of its products all over the world. They come into effect on Feb. 15. The new directives are meant to strengthen the brand within brick-and-mortar and online retail, safeguarding the quality of the brand's presentation in any distribution channel, particularly on the ...
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Youngone gets control of Scott and Outdoor Research
Youngone Corp., the big Korean-based manufacturer of outdoor apparel, shoes and backpacks, made one more step into the branded business a few days ago by raising its stake in the Swiss-based Scott Sports Group to 50.01 percent. The move boosted its share price. Last year, it had silently acquired a ...
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Columbia invests in European races
Columbia Sportswear is gearing up for the Ultra-Trail du Mont-Blanc (UTMB), with which it has formed a partnership starting this year. Launched in 2003, the UTMB was sponsored for 12 years by The North Face, which gave its name to the event. This year no brand name will be attached ...
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Sales climb at Peak Performance
Peak Performance saw its sales advance by 5.6 percent in constant currencies for the six months to the end of December, despite several store closures. The Swedish ski, outdoor and golf brand's turnover reached the equivalent of 585.9 million Danish kroner (€78.7m-$89.1m) for the half year, up by 3.6 percent.The performance ...
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Slowdown and uncertainties in China's market growth
The growth of the Chinese outdoor market declined markedly last year and there are signs that a clean-up has started among brands as well as retailers. However, the outdoor market was still on the rise and prospects are buoyed by growing participation trends.The China Outdoor Commerce Alliance (Coca) estimates that ...
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New chief executive at Helly Hansen
Paul Stoneham, a seasoned executive in the consumer goods industry, is to take over next week as chief executive of Helly Hansen. Peter Sjølander, who led the Norwegian outdoor brand's rapid rise in the last eight years, will continue in an advisory role for the next six months, before starting ...