All Article articles – Page 204
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Deckers gets full ownership of Hoka One One
Deckers Outdoor Corporation, which owns a wide range of footwear brands including Teva, Sanuk and Ugg, reports that it has taken over the Hoka One One brand completely. As reported in the Compass last August, it had first acquired a stake of 25 percent in this special French brand of ...
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Fenix felt strongly the impact of currency effects
Fenix Outdoor, the Swedish group behind the Fjällräven, Hanwag, Tierra, Primus and Brunton brands as well as retail operations in Sweden and Finland, increased its total sales from 1,553.8 million Swedish crowns in 2011 to SEK1,725,4 million (€206.6m-$270.4m) last year. In the same period, the company's operating profit declined slightly ...
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Big investments weigh heavily on Globetrotter’s results
Globetrotter Ausrüstung, Germany's largest specialty retailer in the outdoor sector, reports stable retail sales of €250 million for its fiscal year 2012-13, ended Feb.28, much on the same level as in the previous year. After years of a ratio of 50:50 for brick-and-mortar retailing and mail order, the physical stores ...
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KTC pushes quality approach to ensure profitability and fair working conditions
KTC Limited, a Hong Kong-based original equipment manufacturer (OEM) of apparel for high- end brands such as Mammut, Arc'teryx, Gore Bike & Running, the skiwear of Mountain Force, Rapha bikewear and an important European workwear brand, is about to post preliminary figures showing the equivalent of $97 million in sales ...
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Jack Wolfskin reports flat sales after years of strong growth
For its 2012 financial year, Jack Wolfskin showed a small decline of about 1 percent in total consolidated sales to €351 million. This came after a big increase of 22.5 percent in the previous year. The decline was mainly due to weakened demand in the two most important markets for the ...
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Intersport Germany in line to acquire Intersport Austria
Intersport Germany, the largest single cooperative of sporting goods retailers licensed by Intersport International Corp. (IIC), has signed a letter of intent for the acquisition of a majority stake in Intersport Austria, forming an even stronger supra-national nucleus within the organization.Together, Intersport Germany and Intersport Austria represent the interests ...
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Trezeta gets a sister, Kayland
MGM SpA, owner of Trezeta, has taken over Kayland, another Italian brand of outdoor shoes. Trezeta and Kayland complement each other because they are positioned differently: While Trezeta specializes in hiking boots and other low-mountain footwear, Kayland is a more technical high-mountain brand for trekking, backpacking and climbing. In contrast with Trezeta, it has a contract with Gore-Tex. ...
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Deckers’ earnings slide but sales are up
Deckers Outdoor Corporation saw its net earnings fall by 22.9 percent in the fourth quarter of 2012 to $98.1 million, from $127.2 million a year ago. Sales increased by 2.2 percent to $617.3 million compared with the same quarter last year. The company registered double-digit growth in the quarter for ...
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China’s industry to comply with eco-sustainable measures
The textile and apparel industry in China is to “go green” and comply with new government regulations for sustainable production in the sector, knowing that the companies failing to keep up with such demands will be closed down.As part of its 12th Five-Year Plan, covering 2011 to 2015, China seeks ...
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Major recall of climbing gear calls for new norms
After extensive tests in partnership with DAV, the German alpine federation, several manufacturers and marketers of climbing products are recalling certain via ferrata sets with shock absorbers based on rope friction. Older, used items may not provide the necessary safety in case of a fall, when they could lead to severe ...
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Camelbak and other CODI brands grow strongly
Compass Diversified Holdings (CODI) reported double-digit sales increases for last year at all its three of outdoor and sporting goods companies - Camelbak, Fox Factory and Liberty Safe - and its Ergobaby carriers and car seats brought 44.5 percent higher sales of $64.0 million for the year. Neverthless, the group saw its net income ...
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Rocky Brands reports lower sales
Rocky Brands has reported net sales for the fourth quarter of 2012 down to $58.0 million, versus $64.0 million a year ago, but the company simultaneously announced a new contract with the U.S. military including a minimum purchase amount of $3.0 million for the first year.The net income for the quarter was ...
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Ispo Beijing: China’s mirror between unbroken optimism and cooling-down mood
While there are fears that the fast-growing Chinese outdoor market could face some of the same issues as the country's glutted sports market, the buzz at the ninth edition of Ispo Beijing remained strongly upbeat: The fair bustled with a growing number of visitors thronging increasingly slick and busy stands.The ...
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Acquisitons fuel Black Diamond’s sales
In line with the unaudited preliminary results put out last month, Black Diamond raised its total sales for the full 2012 financial year by 21 percent to $175.9 million, thanks in part to acquisitions. The adjusted gross margin grew from 38.7 percent to 39.5 percent, while net profit before non-cash items ...
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Jarden posts mixed results
The Outdoor Solutions segment of Jarden Corporation recorded a sales increase of only 0.5 percent to $617.9 million for the fourth quarter of 2012, ended on Dec. 31, but its operating profit (Ebit) rose by 5.3 percent to $41.2 million. Excluding restructuring costs, depreciation and amortization, the segment's operating earnings ...
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Sportzone sells its private label to other parties worldwide
Sportzone, the Portuguese sporting goods retailer controlled by Sonae Group, has been carrying Berg Outdoor as its own private outdoor brand in its numerous stores in Portugal and Spain. Since one year ago, Discovery Sports, another subsidiary of Sonae that manages Berg, has been making it available to other retailers ...
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Helly still on the rise
Helly Hansen is set to double its sales in North America this year as it reaps the benefits of several years of investments. The Norwegian ski and outdoor brand already expanded its sales by more than 20 percent in North America in each of the last two years, partly based ...
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Haglöfs reshuffles its management
Haglöfs has appointed regional managers to run its international business, as part of a wider management reshuffle that was implemented at the start of this month. It fits within the Swedish outdoor brand's five-year strategic plan starting from 2011, Haglöfs Going Global, which has led to investments in new ...
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Outdoor and fitness outperform at Garmin
Garmin's total revenues fell by 2 percent to $2.76 billion in the past year, with a 16 percent drop in the fourth quarter, but the Outdoor and Fitness segments came out better than others for the Swiss-based GPS company. Both segments showed higher operating profits for the year, but not ...
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Euromark failure hits Polish outdoor industry
Mountain Warehouse, the British specialist retailer, has been identified as the company that has been holding talks to purchase some of the assets of Euromark, the large-scale Polish outdoor distribution and retail group that went bankrupt a few weeks ago.Euromark filed for bankruptcy late last year and a district court ...
