All Article articles – Page 196
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Big losses for Lafuma
As expected, the French Lafuma Groupe has announced a big loss for the financial year ended Sept. 31. It did so just after Calida of Switzerland obtained the go-ahead for a major refinancing of the company, as reported in the previous issue of The Compass.The net loss amounted to €71.2 ...
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China’s Camel gallops away with huge sales on Taobao
Taobao, a Chinese equivalent of eBay, traditionally celebrates Nov. 11 with a huge sales campaign. The results were massive: Taobao reports that the sales generated by all the retailers hosted on its internet portal that participated in the campaign were as high as 15.9 billion yuan renminbi (€1.9bn-$2.6bn). This corresponds ...
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Berghaus expands into the U.S. and Australia
Not all the key decisions have been taken yet on the staffing and the final location of the company's new operations across the Atlantic Ocean, but Berghaus is determined to conquer the U.S. market, starting with the autumn/winter 2014-15 season. For this purpose, British outdoor brand, which is owned by ...
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Petzl sets up a subsidiary also in Germany
Petzl is to set up its own subsidiary for the German market at Valley bei Holzkirhcen, near near Munich, on Jan. 1. The French marketer of climbing gear will, therefore, end its long-time partnership with Krah GmbH, its current distributor in the country. Petzl has hired four sales agencies to ...
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Strong growth for Addnature
For the 2012/2013 fiscal year, Swedish outdoor online retailer Addnature has reported a sales increase of almost 40 percent to 180 million Swedish kronor (€20.2m-$27.5m). The year before, sales had increased by over 30 percent.Although Addnature has had a very steep growth curve over the past few years, the company ...
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Gradual introduction for 37.5 in Europe
Cocona's new 37.5 trademark will first appear at retail in Europe next spring and autumn on products by Asics, Salomon, Bauer Hockey, Ride, Rip Curl and Tog24, says the American company. They will also be presented to the trade at the Ispo show in Munich in late January.Numerous other brands ...
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Oru Kayak named 2014 Ispo Brandnew overall winner
Every year, Ispo identifies the best start-ups in the sports business and recognizes them with the Ispo Brandnew award. For the 2014, the jury examined 264 entries from 31 countries and selected the Oru Kayak as the Ispo Brandnew Overall Winner. Eight additional winners and 36 finalists will be presented ...
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New MD for Trekmates under new ownership
Mark Billing has been appointed as the new managing director of Trekmates, the British brand of outdoor and adventure travel accessories and clothing that fell under the control of Bollin Group last July. He previously ran True Brands Ltd., which markets True Utility branded pocket tools, and he has a ...
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McTrek projects solid growth, opens its largest store
McTrek, the price-oriented specialty chain, has opened its largest store so far in Cologne. The net selling surface is 800 square meters, added to which are some 600 square meters as an exhibition space for tents and camping gear. The 28th store is located in the former shop of Blackfoot, ...
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Globetrotter opens its own lodge
Globetrotter Ausrüstung, the Hamburg-based retailer, has opened a Globetrotter Lodge in Hüttener Berge, a nature park in the north of Germany. The hotel has conference and training facilities attached and offers outdoor programs, training courses and workshops along with accommodation. Also, the lodge offers organized tours in the surrounding area and ...
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Patagonia reports further progress in sustainability
The outdoor industry's pioneer of the sustainability concept has announced a new milestone in its efforts, claiming that it is going to be the first apparel manufacturer of its size that will be capable to trace down the entire supply chain for its entire collection of down-insulated products, starting with ...
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New plans for Fesi
The Federation of the European Sporting Goods Industry (Fesi) is moving into a higher gear following the unanimous election of Bruno Alves as president by a newly elected 15-member board of directors during the annual general assembly of the organization in Prague last month.The fact that he was unanimously elected ...
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Keen launches fan-based grants program
Keen is launching “The Keen Effect,” a fan-activated grants program created to support responsible outdoor participation. The American outdoor company, best known for its footwear but also now branching out into outdoor clothing, asks fans and customers to nominate community organizations that promote responsible outdoor participation.Organizations around the world are ...
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VF reinvests extra profits in marketing
The American conglomerate has done it before. While reporting better-than-expected results for the third quarter, VF Corp. announced that it had decided to reinvest a further $40 million in marketing during the second half of this year. It has already allocated $10 million to the third quarter. The balance will ...
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A successful first Euro-pean Outdoor Summit
The first European Outdoor Summit (EOS), held in Stockholm last Oct. 16-18, went better than expected. It pulled a total of 321 delegates from 21 different countries, creating seating problems during some of the sessions because the venue can normally accommodate a maximum of 300 persons, but then some of ...
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Jack Wolfskin expands in Eastern Europe
Jack Wolfskin is continuing to explore partnerships in Eastern Europe, teaming up with three retailers who will open Jack Wolfskin shop-in-shops in their stores: Mountex in Hungary, Sport Depot in Bulgaria and Sport Virus in Romania.Separately, a Jack Wolfskin franchised store was opened in August in Kiev, the capital of ...
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Salewa and Dynafit join the Fair Wear Foundation
Oberalp has announced that it has become a member of the Fair Wear Foundation (FWF) through its brands Salewa and Dynafit. The Fair Wear Foundation is an independent, non-profit organization that works with companies and factories to improve labor conditions for garment workers all over the world. FWF's 80 member ...
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Deckers expands Teva’s lifestyle range
Jeff Bua, the new president of Teva, is repositioning this brand of sports sandals in the Originals category to capitalize on its heritage and better penetrate the casual footwear segment all year ‘round. It plans to introduce a new line of Teva canvas shoes next year that will stay warm ...
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Crocs improves in Europe
In the third quarter ended Sept. 30, Crocs registered revenues of $288.5 million, down slightly from revenues of $295.6 million in the third quarter of 2012. On a constant-currency basis, revenues increased by 0.9 percent for the quarter. The Colorado-based footwear company saw strong performance in the Asia-Pacific region and ...
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Strong growth for Costa
Sales grew by 26.3 percent to $24.6 million in the third quarter ended Sept. 28 at Costa Inc., the company that owns the Costa and Native brands of sunglasses and that is being taken over by Essilor International (see the previous article in this issue). They rose by 24.1 percent ...
