All Article articles – Page 192
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Excellent quarter for Columbia, but not in Europe
Columbia Sportswear is upgrading its financial outlook for this year in reporting a 120 percent increase in net income to $22.3 million on 22 percent higher revenues of $424.1 million for the first quarter of 2014.Sales in the U.S. rose by 20 percent to $241.2 million, aided by an exceptionally ...
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Peak Performance starts performing in China in lifestyle mode
At the last Ispo Beijing, Peak Performance premiered in the Chinese market with its recently appointed national distributor, YGM. Its executive director and general manager, Andrew Chan, told us that he intends to position the Swedish brand as a fashion and lifestyle label rather than a function-driven brand.This strategy ...
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Canada Goose opens a European office
Canada Goose is making a stronger commitment to the European market by opening an office in London. Located behind Oxford Circus, it will provide marketing support for all of Europe and house the company's new sales team for the U.K. and Ireland. Like three other offices opened in the last ...
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Columbia buys prAna
While reporting stellar results for the first quarter (see the next article), Columbia Sportswear announced yesterday the takeover of Prana (the company spells its brand name as prAna), the American brand of lifestyle, yoga, rock-climbing and fitness clothing and accessories, for $190 million.Tim Boyle, president and chief executive of the ...
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J.H. Whitney sells Igloo, buys Confluence
J.H. Whitney Capital Partners has cashed out of Igloo Products Corporation, which claims to be the world's largest producer of coolers, keeping a minority share in the company. Its control is shifting to Acon Investments, another private equity firm based in Washington, D.C. Gary Kiedaisch, chief executive of Igloo, and other ...
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VF's outdoor brands perform better than expected
VF Corporation has upgraded its sales forecast for Timberland after a very good first quarter in which the brand\'s sales rose by 12 percent, two percentage points better than the group had expected in February. As for The North Face, its sales went up by 14 percent in the quarter, ...
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Bernard Mariette takes over Lolë
A group of investors has acquired a stake of around 80 percent in Coalision, the parent company of Lolë, but it has not acquired its other major brand, Orage, which has been bought by its founders. Positioned as an outdoor-oriented and yoga-inspired wellness brand for women, Lolë has raised its ...
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The next Ispo Beijing show will take place in January
Messe München has decided to hold the next edition of the successful Ispo Beijing fair on Jan. 28-31, 2015, about three weeks earlier than before. It will thus take place shortly after the Outdoor Retailer Winter Market in Salt Lake City and a few days before the next Ispo ...
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Regatta backs its strong growth with new initiatives
+Regatta is planning to boost its marketing expenditures by about 30 percent this year while launching a new R logo as part of a campaign developed with Saatchi & Saatchi. The investment follows another major increase in the Regatta Group's turnover, which reached the equivalent of about €200 million for ...
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Three outdoor firms get the Queen's Award
Three outdoor-oriented companies, Inov-8, Nikwax and D30, were among the winners of this year's Queen's Award for Enterprise, which are given by the U.K. government to successful companies. Nikwax, the waterproofing specialist, got an award for sustainable development, while Inov-8 and D30 got it in the international trade category, as ...
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Amer reports good outdoor results
The Winter & Outdoor segment of Amer Sports, which comprises brands such as Salomon, Arc'teryx and Suunto, among others, enjoyed a nice sales increase of 12 percent in terms of local currencies during the first quarter of 2014, with gains of 14 percent in footwear, 21 percent in apparel, 8 ...
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A.S. Adventure’s owner reviews strategic options
Lion Capital, the British investment fund that acquired more than 90 percent of the shares in A.S. Adventure in 2007, has mandated its house bank, Rothschild, to review strategic options including the sale of its stake or the flotation of some of the equity on the stock exchange. It is ...
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Sherpa Adventure Gear mourns avalanche victims
The tragic death of between 13 and 16 Sherpas from an avalanche on Mount Everest ten days ago has drawn attention to the plight of the courageous group of Nepalese mountain guides who have been risking their lives every spring to aid foreigners to reach the summit of the world's ...
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Acquisitive JD turns around in outdoor
+JD Sports Fashion has made its fourth acquisition in two years in the British outdoor retail sector and the third one in the last six months with the reported takeover of 14 of the 17 Oswald Bailey stores in the southern part of England. According to OCC Outdoor, the Bailey ...
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Bressan acquires Garmont
Garmont, the Italian brand of outdoor shoes, is considering the development of its first line outdoor apparel under the ownership of the Italian Bressan group, whose multiple activities include the design, development and production of rather technical outdoor and ski apparel for some important international brands through a company called ...
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Brazil’s first Adventure Mall is planned for 2015
A group of Brazilian investors including Sergio Franco, founder of the Adventure Sports Fair, has launched the project of establishing a network of so-called Adventure Malls throughout Brazil where consumer can get an initiation or further training for a variety of outdoor activities, and where they can buy and test ...
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Mammut grows by 6.2%
Mammut Sports Group raised its sales by 6.2 percent in 2013 to 246.9 million Swiss francs (€202.41m-$208.80m). A negative impact of 2.2 percentage points from changes in foreign currencies was offset by a positive impact of 1.1 percentage points from the takeover of the distribution of its products in South ...
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Sales are off by 11.4% for Lafuma
The Lafuma Group reports a 12.6 percent decline in its total revenues to €53.8 million for the firstg quarter ended March 31, with a drop of 11.4 percent in constant currencies. While sales of camping furniture increased by 3.2 percent to €15.2 million, the newly merged Mountain & Outdoor segment ...
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Jarden has a new management structure
Jarden Corporation, parent company of Coleman, Marmot and many other outdoor and sports brands, has announced an expansion of its executive leadership team to support the company's ongoing growth. In 2013 Jarden posted a record performance with revenues of around $8 billion, marking the achievement of the long-term financial goals ...
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OSV and Eurosima share services
Two big associations based in France, Outdoor Sports Valley (OSV) and the European Surf Industry Association (Eurosima), have agreed to offer all their services to the combined membership of 340 companies. The two associations have been working together from the beginning of the OSV three years ago, learning best practices ...
