All Article articles – Page 205
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Leaving Euro Family, Globetrotter will set up it own private-label strategy
As indicated in the last issue of this publication, Globetrotter Ausrüstung, the big Hamburg-based specialty retailer, has finally decided to no longer develop and purchase private-label items in the framework of Euro Family, the informal pan-European network of big outdoor and sporting goods retailers. Euro Family said, however, that Globetrotter ...
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Outdoor is a dark spot in Wolverine’s sales
Wolverine Worldwide reported a lower than expected net loss of $3,499,000 for the fourth quarter ended last Dec. 29, which compares with a profit of $23,011,000 in the year-ago period, and its net earnings for the year were down to $80.7 million from $123.3 million in 2011.The group would have ...
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Columbia continues to struggle in Europe ? and elsewhere
In the final three months of 2012, Columbia Sportswear managed to lift its net income by 8 percent to $39.5 million, while consolidated net sales fell by 5 percent to $501.1 million. For the full year, the group's sales dipped by 1 percent to $1.67 billion and net profit ...
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Strong growth for Cocona
Cocona Technology is one of the fastest-moving suppliers to the sports and outdoor industry. Founded in 2006 and run by former managers of Gore-Tex, Outlast and eVent, the U.S. company saw its sales grow by 80 percent to $20 million in 2012, and Brad Poorman, the company's chief executive, predicts ...
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Black Diamond has become one-third bigger
Black Diamond, Inc., marketer of Black Diamond, Gregory, POC and Pieps, expects to report record sales for its financial year 2012 based on preliminary unaudited information. At this point, Black Diamond estimates its total sales for the fourth quarter to have been up by 33 percent to $48.8 million compared ...
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Johnson Outdoors turns around in the quarter
Johnson Outdoors posted a 9 percent increase in revenues to $87.3 million during its first fiscal quarter ended Dec. 28, 2012, as compared to a year ago. The growth during the period, where the group's sales are typically the lowest in the year, was driven by higher sales in Marine Electronics ...
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Montagne talks with Asian plants as it looks beyond Argentina
Montagne, the leading Argentinian producer and retailer of outdoor products, says that it is developing a licensing and franchising program because it has reached the limits of its production capacity at its own facilities in Argentina and in order to be more competitive in foreign markets.The company, which exhibited for the ...
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Hi-Tec intensifies Polish partnership but takes over apparel
Hi-Tec, the Dutch-based outdoor and sports footwear brand, has reorganized its distribution in Eastern Europe by attributing more rights to Martes Sport, its Polish partner. Martes has long held a license for Hi-Tec footwear in Poland, along with a global license for Hi-Tec apparel, and three years ago its ...
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Albiro and Punto Azzurro manage Bailo and Vist
Bailo, a 60-year-old Italian producer of outdoor clothing, was going to merge with a younger Italian producer specializing in skiwear, Vist, but the combination did not work out for a variety of reasons. One of them was the pull-out of an institutional investor that was going to support their ...
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Peak Performance adds to international distribution
Peak Performance, the Swedish ski, outdoor and golf brand, has inked a deal with Vermont Holding in the Czech Republic, covering distribution in that country along with Slovakia and Hungary. Vermont already has an agreement to sell Gant in the same countries, where it has opened 58 stores for ...
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VF posts strong results for 2012, but is cautious for the current year
For the full year 2012, VF Corporation, the marketer of outdoor brands such as Timberland, The North Face, Eagle Creek and others along with a wide range of fashion and sportswear labels such as Wrangler, Lee, Nautica and others, has posted a sales increase of 15 percent to $10.9 billion. ...
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A.S. Adventure grows by 15.5%
The A.S. Adventure Group has firmed up its position as the largest outdoor retail company in Europe as it lifted its sales by 15.5 percent to €335.5 million last year, with comparable sales up by 8 percent in 149 stores across five European countries.Owned by Lion Capital, the A.S. Adventure ...
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Unconfirmed: Will Globetrotter be the lost son of the Euro Family?
The rumour has remained unconfirmed by top managers both of Globetrotter Ausrüstung, the huge specialty outdoor retailer from Hamburg, and Euro Family, the informal alliance of some of Europe's most important retailers in the sector. Will Globetrotter leave the family?Both Andreas Bartmann, managing partner of Globetrotter, and Christoph Schmid of ...
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Skylotec gets dressed with Gentic
Skylotec, the German manufacturer of climbing equipment, is about to widen its product range into the area of apparel through the acquisition of Gentic, the brand of climbing clothing. Recently, Gentic was owned by Outdoor-Profis, the group of specialty outdoor retailers within Sport 2000 Germany, which tried unsuccessfully to market ...
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McTrek survived a difficult year in good shape and is set for further expansion
Yeah! AG, the parent company of McTrek, the German prize-driven outdoor chain, posted total sales of €30.5 million last year, up from €26.2 million in the previous year. The gain in sales was partially reached through an increase of comparable store sales in addition to three openings of new points ...
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Mammut and Mountain Equipment come to China this year
As reported earlier, Mammut enters the Chinese market this year through the set-up of its own subsidiary after the Swiss brand failed to find appropriate distributors. Mammut moved its Asia-Pacific office to Beijing and hired key people in charge of the penetration of the Chinese market.The former vice president of ...
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MontBell changes its strategy in China
MontBell, the Japanese outdoor brand, has just opened its 10th store in a Chinese shopping mall in the city of Taiyuan in the Shanxi province. The company decided to delay its shop opening program for 2012 as it had to face a couple of difficulties in China last year, but it promised to move much ...
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Change of generations at Deuter
Effective June 30, Bernd Kullmann will step down as managing director of Deuter, the German backpack company. He has served the company for nearly 27 years. The 58-year-old began back in 1986 as regional sales representative and was quickly promoted to the position of sales and marketing director. He became ...
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Parent of Mountain Equipment buys out German distributor
OSC, Outdoor and Sports Company, based in Hyde near Manchester, has acquired Invia Sportartikel Vertriebs GmbH, the longtime distributor of its Mountain Equipment brand in Austria and Germany. Invia was founded some 25 years ago by Thomas Strobl, most of those years dedicating his work to building up and developing Mountain ...
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Softgoods are a driving force behind Amer's expansion
Apparel sales at Amer Sports, the Finnish group that owns Salomon and Arc'teryx, again contributed strongly to the company's expansion last year. They jumped by 30 percent to €248.6 million for the year, which was an increase of 23 percent in constant currencies, but the fourth quarter was slightly weaker ...
