All Article articles – Page 197
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Lafuma continues its downward movement
As anticipated, the Lafuma Group ended its financial year on Sept. 30 with a major sales decline, although the 15.9 percent drop reported for the first six months of the year was followed by a slightly smaller drop of 11.1 percent in the second half. For the full year, the ...
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Columbia is optimistic
Announcing a 14 percent increase in its quarterly dividends, Columbia Sportswear's board of directors was said to be confident in better results going forward. In fact, while they were still largely negative, the results released for the third quarter ended on Sept. 30 were better than forecast, due especially to ...
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Cocona launches a new brand name
Cocona Natural Technologies, the American materials technology company, has decided to put a new brand name – 37.5 – on its patented compounds, highlighting the fact that they help to maintain body temperature and body humidity during sports activities. Based on coconut husk and other natural microporous materials, they improve ...
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The European outdoor market is boosted by new disciplines
After a lackluster year in 2011, when the market registered a 1 percent decline, the European outdoor market was slightly up in 2012, with a 2 percent increase, and this positive trend seems to be continuing this year, according to the NPD Group. Within this rather dynamic market, where the ...
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Garmin and TomTom look beyond PND
The personal navigation device (PND) market fell by 15 percent to 2.3 million units in Europe and 28 percent to 1.1 million units in North America during the third quarter, according to information supplied by TomTom. The Dutch company said that this led to steep discounting of GPS-enabled devices for ...
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Ispo partners with EOG to attract specialist outdoor retailers
Ispo and the European Outdoor Group (EOG) have announced a new partnership that is designed to attract more specialist outdoor retailers to Ispo Munich in 2014. Outdoor retailers who have never visited the trade show in the past, or who have not visited it for at least three years, will ...
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Jarden buys another fishing brand
Jarden Corporation has reported a 2.0 percent decline to $670.6 million for its sales in the Outdoor Solutions segment during the third quarter ended Sept. 30, but on organic basis they grew by 4.1 percent. Coleman had good results, thanks in particular to new products in the cooler category and ...
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Deuter and Ortovox post another successful year
Deuter and Ortovox, the specialty brands of snow sports and mountaineering gear, which are bundled in the outdoor division of Schwan-Stabilo, managed to increase their sales significantly in the last financial year ended June 30. The outdoor division as a whole increased its turnover by 8.9 percent to €86 million. ...
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Major management changes at Amer and Arc’teryx
Credited for delivering strong business results and for leading the strategic business transformation of Amer Sports' Europe, Middle East and Africa region, Michael White, who has been the general manager of Amer Sports EMEA since 2010, has been promoted to the position of chief sales officer and general manager for ...
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Good growth for Amer
The parent company of Salomon, Atomic, Arc'teryx, Wilson, Precor, Suunto and other sports brands managed to raise its total revenues by 7 percent in local currencies during the third quarter ended Sept. 30, driven by increases of 19 percent in apparel, 15 percent in sports instruments, 11 percent for footwear, ...
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Black Diamond takes action to diversify
Black Diamond Inc. has hired a leading consulting firm to conduct a global profitability study across all its product categories and geographies in order to refine its future development strategies. It has also mandated an executive search firm to look for a senior executive with experience in the management of ...
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Essilor acquires Costa
Based in France, Essilor International is the world's largest manufacturer of ophthalmic lenses, and it has been investing strongly in sun lenses lately, as reported in one of our sister publications, Eyewear Intelligence. Based in Lincoln, Rhode Island, Costa Inc. is the marketer of Costa and Native sunglasses, which are ...
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Rocky Brands acquires Creative Recreation, while profits fall
Rocky Brands has signed a definitive purchase agreement with Kommonwealth to acquire certain assets including the Creative Recreation trademark, a footwear brand based in California, best known for its popular crossover between athletic sneakers and dress shoes. The acquisition, for a total purchase price of around $11 million, will be ...
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A new Jack Wolfskin hits the market
Jack Wolfskin is gearing up for a rebound in sales, as it begins to fully implement a wide range of structural and strategic changes, and to invest further in international markets. On the back of sharply increased orders, the German outdoor company predicts that its sales will pick up at ...
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Klättermusen gets a new owner
In November of 2012, the owners of Klättermusen had contacted a venture capital firm, Scope, to discuss a possible partnership. Almost one year later the deal is official. Scope has become the majority owner of this Swedish producer of outdoor clothing and has also invested 30 million Swedish kronor (€3.4m-$4.6m) into ...
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Lorpen has financial problems
Industrias Savidai, the company that owns the Lorpen brand of technical outdoor socks, has requested voluntary insolvency protection from its creditors as a tool to renegotiate its financial debt. It is aiming for a settlement with its creditors to return to a financially healthier situation.Pending a meeting with them, the ...
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Outdoor is a weak spot at JD Sports Fashion
JD Sports Fashion enjoyed a 111 percent increase in pre-tax income to £6.087 million (€7.293m-$9.865m) for the first half ended on Aug. 3. Gross margins improved to 48.8 percent of sales from 48.4 percent in the year-ago period on 2.0 percent higher sales of £567,370,000 (€679.8m-$919.4m). Operating earnings before exceptional items ...
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Extra-large growth and targets for XXL
While several Scandinavian sports and outdoor retailers are under pressure, XXL Sport & Villmark has set itself a target to reach sales of 4 billion Norwegian kroner (€491.9m-$663.8m) this year, compared with NOK 3.1 billion in 2012. That was already an increase of nearly 26 percent, while the retailer's operating ...
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Focus on Eastern Europe
Eastern Europe has been drawing increasing investment from outdoor companies in the last two years. Yet, two decades after they opened up, some of the markets in this region remain unsettled, requiring a well-informed approach for the outdoor brands to achieve better penetration.Their dynamics and prospects are analyzed in detail ...
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Kathmandu posts good results in difficult economy
Kathmandu Holdings reported growth in earnings and sales for the fiscal year ended July 31 despite Australia's slowing economy. The country's GDP grew by only 0.5-0.6 percent during the first six months of calendar 2013. The company, which operates 136 outdoor and adventure travel specialty stores in New Zealand, Australia ...
