All Article articles – Page 188
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Point 65 buys Boblbee
Point 65, a Swedish kayak company, has expanded its product line by acquiring Boblbee, a company known for its backpacks with hard cases. The founder of Point 65, Richard Öhman, said that the deal is the company's first step in transitioning to become a global outdoor brand.All of Boblbee's operations ...
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Deckers grows by 24.3%
Deckers Outdoor Corporation, which recently changed its fiscal year-end to March, has raised its outlook for sales and earnings in the current financial year after reporting a 24.3 percent boost in total revenues to $211.5 million for its first quarter ended on June 30. All its main brands contributed to ...
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Big recovery for the global outdoor shoe market in 2013
The global market for outdoor shoes recovered in 2013 from the 2.4 percent drop suffered in 2012, rising by an estimated 9.2 percent in terms of dollars to $4.27 billion at the wholesale level, according to an annual study by The Outdoor Industry Compass in combination with Sporting Goods Intelligence.Some ...
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Wolverine streamlines
Wolverine Worldwide has decided to streamline its operations, terminating its footwear license with Patagonia after delivery of the autumn/winter 2014/15 collection and closing down about 140 under-performing stores in the next 18 months. About 75 percent of the stores, which have seen a slowdown in mall traffic, belong to the ...
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Ternua will work together with Lorpen
The Lasa family, majority shareholder in the IASA Group, which manages two Spanish brands, Ternua and Astore, has acquired a majority stake in Lorpen, the Spanish brand of technical socks. Lorpen faced financial problems during 2013, leading to a request for voluntary bankruptcy protection for Industrias Savidai, the company that ...
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The OutDoor show honors Polartec’s founder
Aaron Feuerstein, the former owner of Malden Mills and the man behind Polartec, has been elected OutDoor Celebrity of the Year for 2014. The 88 year-old grandson of Malden Mills' founder was credited for changing the clothing that people wear for outdoor activities.Feuerstein joined Malden Mills as a junior manager ...
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The OutDoor fair progresses
The 21st edition of the OutDoor show in Friedrichshafen went relatively well. The overall atmosphere was upbeat, the business climate was generally positive and the total number of daily visits went up by 2.1 percent to 21,912 as compared to last year, in spite of the uncertain economic climate and ...
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Timberland reaches environmental targets early
In 2007, as part of its overall sustainability and corporate social responsibility (CSR) commitment, Timberland set a number of performance targets related to its four CSR pillars, which are Factories, Climate, Product and Service. The goal was to achieve these targets by the year 2015 but the company has just ...
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Double-digit sales hike for TNF
The North Face enjoyed a sales hike of 11 percent for the second quarter of its financial year, until 28 June. The rise was driven by an improvement of 37 percent in its own retail sales, against a low single-digit increase in the brand's wholesale business. Sales are on track ...
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Mammut parts ways with Sports Direct
Mammut Sports Group has decided to no longer supply Sports Direct International (SDI), the huge British sports retailer with stores across Europe. Rolf Schmid, Mammut's chief executive, said that the decision had been taken “for strategic reasons,” and it would help to maintain its quality standards to the benefit of ...
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Under new ownership, eVent revamps CI and products
After the sale of eVent by GE to Clarcor, a filtration specialty company, at the beginning of this year, the manufacturer of laminates presented itself at OutDoor with an updated corporate identity and product innovations. The logo is new and the company has added a waterproof laminate to its ...
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China’s outdoor market denies economic slowdown
In 2013, the core outdoor market in China grew by 16.2 percent to 15.38 billion yuan renminbi (€1.82bn-$2.48bn). This is one of the many interesting findings of an annual market research project commissioned by the China Outdoor Association (COA) and the organizer of the Asia Outdoor trade show, which will ...
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German buying groups post improving outdoor sales, but jackets remain a problem
For the first six months of 2014, Intersport reports an overall sales improvement of 4 percent against the first half of the previous year. Running was up by 22 percent and team sports soared by 32 percent thanks to the football feast in Brazil. With an increase of 4 percent, ...
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Fenix Outdoor becomes Swiss
The Fenix Outdoor Group has formally moved to Baar in Switzerland and turned into Fenix Outdoor International AG, after a series of administrative and financial changes that were set in motion about two months ago. However, the company will continue to operate from Örnsköldsvik and it remains in the hands ...
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Thule moves into outdoor backpacks
The Thule Group has launched its first range of technical backpacks, to be sold from February. It was presented at the OutDoor show in Friedrichshafen for the first time and it will be launched in the U.S. at Outdoor Retailer in Salt Lake City in August. A global marketing campaign ...
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Klättermusen to clean up assortment, invest in marketing
Klättermusen is preparing to slash its product range in the coming months, as part of the new management's efforts to simplify the offering of the distinctive Swedish outdoor brand and to move on to another scale in terms of distribution. The strategy is to be deployed by Johan Nordqvist, who ...
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L-Fashion rejigs management to invest in Asia and franchising
Juha Luhtanen has been appointed to the helm of the L-Fashion Group's sports division, comprising the Icepeak and Luhta brands, among others. A former sales director of the sports division, he takes over from his elder brother Vesa Luhtanen, who previously combined the leadership of this division with the general ...
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Ark expands into food, baby carriers and Japan
Ark Consultants, the British outdoor distribution company, has launched its own brand of dried trekking food, Extreme Food. Ark Consultants is the British distributor of the Nordisk and Yeti brands as well as the owner of the Original Mountain Marathon (OMM) brand. Ark Consultants is familiar with the market of ...
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Outdoor did better than ski in 2013
As we reported in the last issue of the Compass, the European outdoor market increased by 3.1 percent at the wholesale level last year according to the annual market research study conducted by the European Outdoor Group (EOG), reaching an estimated level of €4,776 million. Extrapolating mark-ups, the EOG has ...
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Katadyn reports stable sales for 2013
The Katadyn Group, global market leader for portable water purification solutions, had stable sales of 45 million Swiss francs (€37.1m-$50.5m) last year. While demand from outdoor consumers was flat, partly due to bad weather in spring 2013, the Swiss group suffered on the export front because of the continued strength ...
