All Article articles – Page 187
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VF claims progress in working conditions in Bangladesh
VF Corporation, owner of brands such as The North Face, Wrangler and Timberland, has published a progress report in which it highlights its work with the Alliance for Bangladesh Worker Safety to prevent unsafe conditions at the factories in that country with which it contracts. According to the statement, which ...
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Amer Sports sees room for further growth in profitability
The management of Amer Sports is generally pleased with the results of its outdoor brands, including Salomon, Arc'teryx and Suunto. It sees further potential for the development of the footwear and apparel categories within the group, and it is taking action to boost the sales and profitability of its only ...
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Altra widens European distribution
Altra, an American brand of running footwear with a shaped toe box and a flat cushioned sole, has made rapid headway in Europe by sealing another batch of distribution agreements in the last months. The expansion has been led by Frank Warnars, previously in charge of European sales at Saucony, ...
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Johnson Outdoors’ sales rebound after two difficult quarters
Johnson Outdoors reported a 6 percent sales increase to $137.1 million in the third quarter ended June 27 as compared to the year-ago period. Sales growth was mostly driven by consistently strong demand for new products across its brand portfolio. Despite the growth in the quarter, year-to-date sales compare unfavorably ...
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Mammut grows by 5.7%
The Swiss Conzzeta Group reports a sales increase of 3.4 percent to 103.6 million Swiss francs (€85.83m-$112.69m) in the first half of this year for its sporting goods business, represented essentially by the Mammut Sports Group. On an organic basis, excluding changes in foreign exchange rates for the Japanese yen and ...
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Growth of 7.4% for outdoor shoes in 2013
The branded rugged outdoor footwear market grew by only 7.4 percent around the world last year - at wholesale and in terms of dollars - reaching $4,266 million, according to our estimates - a nice performance. It did not increase by 9.2 percent, as we had erroneously reported in the ...
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Lafuma’s sales shrink as it targets more profits
The Lafuma Group wants to focus its three main outdoor brands - Lafuma, Eider and Millet - on different segments of the broad outdoor market.Lafuma is going to develop mostly in the urban outdoor and sports lifestyle market, particularly through its physical and online stores.The more expensive and technical ...
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Ignite to be sold to Newell Rubbermaid
Ignite Holdings, a Chicago-based maker of reusable water bottles and travel mugs sold under the Contigo and Avex brands, will be acquired by Newell Rubbermaid for $308 million. The purchase price is subject to customary working capital adjustments. Ignite is currently owned by North Castle Partners, a private-equity firm based ...
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Jarden posts some growth in outdoor
For the second quarter ended June 30, Jarden Corporation, owners of Coleman, K2, Marker, Shakespeare, Völkl and many other sports and outdoor brands, reported a marginal sales increase in its Outdoor Solution segment to $754.9 million from $741.1 million in the same period of a year ago. Particular strength was ...
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Fraspens to float
Fraspens, a Chinese outdoor brand, is hoping to raise about £4 million (€5.01m-$6.73m) on the AIM stock exchange in London, to finance its expansion into more Chinese provinces and invest in marketing. The company describes itself as the seventh-largest outdoor brand in China, with sales equivalent to £39 million (€48.88m-$65.61m) ...
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Generation shift at Five Seasons
Changes are afoot at Five Seasons, the Swedish outdoor brand, after the 31-year-old Erik Johansson took over from his father Gunnar Johansson as chief executive of the family-owned company earlier this year. For the past six years, he has been active in the financial markets in Switzerland and now has ...
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Sanfo eyes running for future growth
Sanfo, one of the leading specialty outdoor retailers in China along with Tutwo, has decided to turn to running specialty retailing as this category has been showing interesting developments, starting from virtually nothing a few years ago. Sanfo is determined to equip its existing shops with specialty running corners. On ...
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Globetrotter returns paw-branded e-commerce to Jack Wolfskin
Effective end of August, Globetrotter Ausrüstung, Germany's leading outdoor specialty chain, will no longer be in charge of Jack Wolfskin's internet shop. For nearly a decade, the retailer has been handling the brand's e-commerce business in connection with the fulfillment, returns and service of the orders.Jack Wolfskin described the long ...
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The Korean market continues to soften
South Korea remains the second-largest market for outdoor products after the U.S., due to a combination of active outdoor participation and outdoor-oriented lifestyle fashion, but it is not growing as rapidly as before. According to Dong Chil Kwon, president of Treksta and chairman of the Korean Footwear Industries Association, the ...
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Europe and footwear lift Columbia
A rebound in European sales helped Columbia Sportswear to post a 15.6 percent increase in total revenues to $324.2 million for the second quarter ended June 30. For the whole Europe, Middle East and Africa (EMEA) region, they were up by 39.1 percent to $72.9 million in the quarter, with ...
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Europe is a bright spot in Crocs’ revenues
Crocs saw its revenues increase by 3.6 percent to $376.9 million in the second quarter ended June 30, in line with the company's expectations. On a constant currency basis, they went up by 3.5 percent. For the three months, the company posted a net income of $19.5 million, down from ...
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Timberland names Whitney as new brand president
Timberland has promoted Stewart Whitney, who is currently vice president and managing director for the Timberland and Napapijri brands in Asia, to brand president effective Oct. 5, 2014. Whitney will report to Patrik Frisk, who has held what is to become Whitney's new position since the brand's acquisition by VF ...
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Conzzeta offers new shares, gets out of automation
Conzzeta, the parent company of Mammut Sports Group, announced today that it will be offering 14,712 new A shares on the SIX Swiss Exchange to public shareholders in proportion to their present stakes between Aug. 14 and 28. They will be able to subscribe to the new shares on a ...
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More resources for apparel and footwear at Amer Sports
Amer Sports, the multi-brand Finnish sports company, said it was starting the second part of its restructuring measures to ease the turnaround of its ball-sports business. It wants to put more resources behind strategic categories such as apparel and footwear as well as own retail sales, which should support the ...
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Fewer visitors at Asia Outdoor and questions about Ispo Shanghai
There was little change to the number of exhibitors at the ninth edition of the Asia Outdoor trade show, held in Nanjing on July 26-29, although they occupied fewer halls. The number of participating firms was up slightly to 613 from 610 a year ago, as the organizers managed to ...
