All Article articles – Page 199
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B. Robinson licenses Revo from its new owners
B. Robinson is more or less doubling in size by taking on the global license for Revo sunglasses and related products. The deal follows the acquisition of the Revo brand from Oakley and its parent company, Luxottica, by an American firm, Sequential Brands Group, that specializes in marketing and licensing ...
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ATK buys Bushnell
Confirming an earlier report about its interest in the company, Alliant Techsystems (ATK), an American conglomerate that is thought to be the world's largest producer of ammunition for various types of weapons, has signed a definitive agreement to acquire Bushnell Group Holdings, the American supplier of performance eyewear, which has been ...
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Strong growth and new managers for Inov-8
With sales expected to rise to the equivalent of more than $30 million this year, up from $20 million in 2012, Inov-8 has become one of the fastest-growing outdoor brands. Much of the growth is due to its concentration on sports activities that are gaining ground strongly, such as trail ...
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Sales of outdoor shoes fell by 2.4% in 2012
Unseasonable weather conditions and the poor economy in Europe last year led to a drop of 2.4 percent to $3.9 billion in terms of dollars in the global market for brand outdoor footwear at the wholesale level. As the dollar appreciated on average by 8.2 percent against the euro, sales ...
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The outdoor scene heats up in India
Columbia Sportswear has announced an agreement with Chogori India Retail to be its exclusive distributor in India, effective immediately. The announcement comes at a time when other outdoor brands are becoming more active in a largely untapped market that seems to hold great promise for the future.Founded in 2000 by ...
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Market growth is softening in Korea
Depending on the definition, South Korea remains the world's second-largest market for outdoor products after the U.S. It is still much larger than the Chinese outdoor market, but its growth is slowing down after rising by more than 30 percent in each of the last three years.According to an authoritative ...
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A good Outdoor Retailer Summer Market
The Outdoor Retailer trade show in Salt Lake City ended on a positive note, according to the organizers and many key exhibitors whom we met there. There was a general sentiment that the outdoor market is growing or stabilizing, thanks to innovative products and more active lifestyles. Procurement costs have ...
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Outdoor outperforms at Garmin, too
Garmin reported a 6 percent increase in revenues for its Outdoor segment to $106.9 million in the second quarter, ended June 30. The growth was led by products for golf, dog tracking and training. The Fitness segment grew by 3 percent to $84.2 million on the back of new cycling ...
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Industry conventions focus on retailing
More and more companies and individuals are signing up for the European Outdoor Summit (EOS) due to be held in Stockholm next Oct. 16-18, leaving only 53 tickets left. Meanwhile, the European Outdoor Group and the Scandinavian Outdoor Group, which are organizing the event, have completed the program of the ...
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Grifone makes it into China through the internet
The Spanish brand of outdoor apparel is about to enter the Chinese market through a very specific business approach: Grifone has partnered with Shanghai Yihaoying E-Commerce, which specializes in online retailing on behalf of outdoor brands. Yihaoying already runs exclusive or authorized internet shops for The North Face, Osprey, Mobi ...
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Growing up by cooling down in China
(Analysis by Markus Huber, who is handling the outdoor section of a report on the Chinese sporting goods market that we plan to put out in 2014) - After a few roaring years of massive double-digit growth, it is becoming clear that the Chinese outdoor market needs to be cleaned ...
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Tutwo is building China's largest outdoor store in Zhenzhou
Tutwo, a big Chinese retailer and wholesaler based in Xiamen, intends to open the largest specialty outdoor store in China in Zhenzhou, the capital of the Henan province, by the end of this year. The planned selling surface is a stunning 10,000 square meters. Zhenzhou is placed in the wealthier ...
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Black Diamond has lower margins on higher sales
Echoeing an observation made a few weeks ago by Blake Krueger, chief executive of Wolverine Worldwide, in commenting on its latest financial results, Peter Metcalf, president and chief executive of Black Diamond Inc. said that retailers are ordering conservatively, pushing more of the inventory risk over to the manufacturers and ...
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Compass Diversified hunts for new acquisitions
The successful listing of Fox Factory on the Nasdaq stock exchange at the end of last week is encouraging the management of its 7-year-old parent company, Compass Diversified Holdings Inc. (CODI), to look for other acquisition opportunities. Compass bought a large majority stake in Camelbak Products two years ago for ...
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Stormberg is accused of shady franchising policies
Since the start of 2013, five Stormberg franchises in Norway have closed their doors or declared bankruptcy. According to an article published by Dagens Næringsliv (DN), the leading Norwegian financial newspaper, at least one of the franchisees is accusing the Norwegian outdoor apparel company of a deliberate strategy to use ...
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Mammut grows by 7.7%
Revenues increased by 9.2 percent to 100.3 million Swiss francs (€80.7m- $107.0m) in the first half ended June 30 for the Sporting Goods business unit of the Swiss Conzzeta Group, consisting essentially of the Mammut Sports Group. The growth rate amounted to 7.7 percent on a currency-neutral basis and without ...
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Johnson’ earnings jump by over 50% on stable sales, outdoor is up
Johnson Outdoors reported net income of $13.7 million in the third quarter ended June 28, 2013, a 52 percent increase over the same quarter last year, reflecting changes in foreign tax valuation allowances that significantly reduced the company's effective tax rate year-on-year. Net sales in the quarter increased slightly to ...
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Remembering the past at OutDoor
(Already published in Asia Outdoor issue). The celebration of the 20th anniversary of the OutDoor show added to the positive mood at the fair, strengthening the feeling that an increasingly solid international outdoor community has been formed around the event over the years. All of them speaking in English ...
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Lafuma plans major refinancing
While reporting a double-digit decline in its sales for the nine months ended June 30, Groupe Lafuma said last week that it is in an active phase of negotiations with its bankers about a comprehensive refinancing program that will involve a significant equity increase.The French group's revenues for the nine-month ...
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Sanfo is happy with sales growth, but less with profits
In 2012, Sanfo, China's leading outdoor specialty retailer, lifted its sales by around 25 percent to RMB285 million (€35.1m-46.5m). Heng Zhang, the group's chief executive, said that sales remained flat on a same-store basis. Most of the increases came from additional doors, but, most importantly, from a thriving business of ...
