All Article articles – Page 194
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The Fenix Outdoor group cultivates its founder’s legacy
A few weeks after his death at the end of last year, Åke Nordin was vividly remembered at the stand of the Fenix Outdoor group at Ispo, as a founder whose sharp business approach and hard-headed personality helped to develop the European outdoor industry.As previously reported, Nordin died after several ...
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New momentum for Columbia
Columbia Sportswear reported a sales increase of only one percent to $1,685 million in 2013, but the company enjoyed a higher-than-expected sales increase of 6 percent in the fourth quarter and the management sees the growth accelerating to a rate of between 15 and 17 percent in 2014. More than ...
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Management changes at TNF China
Simon Shih, who is considered to be one of the most experienced people in China's growing outdoor industry, has become the new general manager of The North Face in China, taking the place of Patrick Zhong who has left the company.While Zhong was previously a category sales director at Nike ...
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Helly Hansen rejigs European business
Helly Hansen is rebuilding its organization in Europe after several departures and the end of its distribution and licensing agreement with the Unlimited Sports Group (USG) for Germany, Austria and the Benelux countries.Harry Schedlbauer, formerly at USG, was appointed late last year as sales manager for Germany and Austria, while ...
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Blackyak starts in Europe from scratch
Blackyak, probably the leading outdoor brand in South Korea and the country's top specialty outdoor retailer, has decided on a new strategy which the company calls Blackyak 2.0. At Ispo Munich, where the brand had a stand to present itself internationally Jun Suk Kang, member of the executive board and ...
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Black Diamond’s diversification pays off
Black Diamond Inc. has started to “explore strategic alternatives to monetize the value of untapped markets” for its Gregory Mountain Products business through the Rothschild group, said Peter Metcalf, chief executive of the group, pointing out that this brand is a coveted lifestyle brand in Japan, Korea and other Asian ...
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Globetrotter re-invents itself - and buys another German retailer
Globetrotter Ausrüstung, the Hamburg-based specialty retailer, has confirmed substantial job cuts, notably in its warehouse, shortly after it became known that the Swedish Fenix Outdoor group would buy a 20 percent stake in the German outdoor specialty chain. At least 100 employees have been affected by the decision, and further ...
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Cascade announces two major promotions
Cascade Designs has promoted Drew Keegan from director of Stoves & Cookware to vice president of product development and marketing services, a new position within the American company. He will oversee both functions for all the eight outdoor brands of the group, running a team of five managers responsible for ...
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The EOG opens up to retailers as Rolf Schmid takes the helm again
At its annual meeting just before the Ispo Munich show last month, the European Outdoor Group elected Rolf Schmid as its president for the next two years and decided to expand the membership and to allow retailers to join the organization.Schmid, the president of the Mammut Sports Group, was one ...
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VF sees outdoor sales accelerating
The management of VF Corporation predicts that The North Face will grow by around 12 percent this year and Timberland by about 10 percent, compared with increases of 7 percent and 5 percent, respectively, in 2013. The acceleration became evident in the fourth quarter of last year, when the two ...
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Sales and profits accelerate at Amer
Amer Sports raised its sales by 6 percent to €657.4 million in the fourth quarter ended Dec. 31, but they grew by 12 percent on a currency-neutral basis, confirming its focus on the development of the softgoods category with increases of 25 percent in footwear and 21 percent in apparel. ...
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Lafuma stabilizes, winding up its refinancing
The Lafuma Group has set Jan. 30 as the deadline for responses to its offer of additional shares at a low price of €9 each, with rights of first refusal for existing shareholders on a pro rata basis of their present holdings. The offer is open only to French investors, ...
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EOCA raises funds at Ispo
The European Conservation Alliance (EOCA), whose membership rose by 34 percent in 2013, is starting the new year with three new members including the first distributor: Nikwax Benelux. The two others are High Sierra, the U.S. backpacks company recently acquired by Samsonite, which has big plans in Europe, and Northshots ...
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EOG provides more market data
The European Outdoor Group was unable to share the results of its annual “State of Trade” study of the European market at the OutDoor show in Friedrichshafen last July because of technical problems such as the installation of new software for data collection. Marc Held, secretary general of the EOG, ...
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Five Ten appoints new global MD
Five Ten has appointed Wally Barker as global managing director. Barker, who joined the company two years ago, will also retain his current title of chief financial officer. Previously, he was president and chief financial officer of Quiksilver Japan.Five Ten has also named Laura Sanders to lead the company's global ...
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Industry stocks got a 49% boost in 2013
The stock market capitalization of 15 major public companies in the outdoor sports sector jumped by 48.6 pecent last year, reaching a total of $300.5 million.The evolution was similar to that of the sporting goods market in general, which has consistently outperformed the general economy in the last five ...
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Wolverine cuts revenue outlook for full 2013
Wolverine Worldwide expects to announce earnings at the high end of its previous guidance of $0.85 to $0.90 a share for the financial year ended last Dec. 28, indicating an improvement in net profit to between $85.5 million and $90.5 million, compared with $80.8 million in 2012. Excluding restructuring charges ...
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Fenix Outdoor buys 20% of Globetrotter
A new European outdoor retail alliance is shaping up with the acquisition of a 20 percent stake in Globetrotter Ausrüstung, the big German specialty outdoor retailer, by Fenix Outdoor, the Swedish company that owns the Naturkompaniet chain in Sweden and Parioiatta in Finland. For its part, Globetrotter holds a 25 ...
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PrimaLoft rebrands
Coinciding with its 25th anniversary and the launch of its new hybrid insulation technology (see the previous article), PrimaLoft is coming out with a new, sharpened corporate identity, an optimized branding framework and a stronger marketing staff, which will be showcased at the Ispo Munich fair at the end of ...
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Premium positioning pays off for Moncler
Moncler, which started up in France in 1952 making sleeping bags, has become the third-largest luxury goods company on the Milan stock exchange after Luxottica and Salvatore Ferragamo. The king of the down jacket is now trading with a stock market capitalization of around €3.7 billion, or nearly 40 times ...
