All Article articles – Page 207
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Lafuma’s big losses hide some nuggets
The Lafuma Group reported last week a net loss of €15.2 million for the financial year ended last Sept. 30, compared with a net profit of €3.9 million in the prior year, but blamed the poor results mainly on non-cash charges of about €15 million and on the poor performance ...
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After the big party Mammut moves into new markets
After celebrating its 150th anniversary with an unprecedented mountaineering and marketing campaign over more than year, Mammut Sports Group is back into strategies for future development and entering new markets. The company's new partner in the Czech Republic is Hudy Sports, a local distributor and retailer that operates 34 own ...
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One Way Sport looks for new owners
Andreas Bennert and Lasse Korpi, owners of One Way Sport, have started negotiations on a new ownership structure to obtain synergies in production, distribution and strategic processes, to secure the Finnish company's position as a leader in Nordic sports, and to improve the overall organization. Discussions with two interested ...
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Tensions in Korean outdoor market
The South Korean outdoor market continued to expand rapidly so far this year, firming up its astonishing position as the second-largest outdoor market in the world. However, several market players predict that the growth will subside in the next two years, as the market is becoming saturated and some of ...
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Garmin grows in outdoor, fitness falters
Garmin's revenues rose by 11 percent in its outdoor segment to $105 million during the third quarter ended Sept. 29, driven by its golf lineup, dog tracking and training, and a recently introduced watch. During the quarter, the company also introduced the Alpha GPS Track and Train System, described ...
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New Eurochief for Wolverine
Daniel Le Vesconte will be the new managing director of Wolverine Worldwide for Europe, the Middle East and Africa (EMEA). Reporting to Bill Brown, president of Wolverine's International Group, he will be based at the group's European office in the U.K. He will have responsibility for the development and ...
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Korea’s multi-brand retail tries to catch up with single-brand
While the habit of outdoor consumers to shop at mono-brand stores remains deeply ingrained in South Korea, the last two years have seen a growing number of investments to try to establish multi-brand sports and outdoor stores in the country – with mixed results so far.Multi-brand outdoor retailers did exist ...
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Li-Ning eyes the outdoor business
Li-Ning, the leading Chinese sports brand, has just begun a test to launch its own line of outdoor products, called Li-Ning Adventure. In late October, Li-Ning Adventure opened the first single-brand store dedicated to the new offer at the group's headquarters in Beijing. The selling surface is 150 square meters ...
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A leading Korean brand, Black Yak, eyes Europe – and the world
Black Yak, one of the leading outdoor brands of South Korea, has unveiled ambitious plans for a major rollout around the globe. So far, this brand of apparel, footwear and equipment has only been operating in its domestic market, China and Nepal, where it opened its first store in the ...
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Growing Black Diamond opens a new ski factory in China
A few days after Jarden Corporation, parent company of K2 and Völkl, announced a new $40 million investment in ski manufacturing (we understand that the investment will be made in China, but we could not find out more about it at this stage), Black Diamond reported that it has ...
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Greenpeace report targets PFCs in outdoor apparel
Greenpeace has provoked mixed reactions among European outdoor companies by releasing a report that found residues of harmful substances in outdoor garments and urging the industry to clear its supply chain of all perfluorinated and polyfluorinated compounds (PFCs).Most outdoor companies are well aware of the fact that the production of ...
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Amer reshuffles its Chinese organization
Amer Sports' Chinese subsidiary, Amer Sports Shanghai Trading Company, is set to establish its own sales organization for the Chinese market in 2013, and it will go direct with the new structure next year in order to bundle the sales activities of the Finnish group's outdoor brands under one roof.Beijing ...
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Lower military sales affect Camelbak’s results
Camelbak had lower sales and profits in the third quarter ended Sept. 30, primarily due to a significant drop in sales of gloves for the U.S. military sales, which was not offset by a rise in its sales of bottles. The results of this major supplier of personal hydration ...
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Latest accidents emphasize need for improved safety management in the climbing industry
Bernard Bressoux, technical and quality director at Petzl, suggests that outdoor companies could launch a working group on civil liability, as the industry is drawing some lessons from recent climbing accidents. Speaking at the European Outdoor Forum last month, Bressoux shared the initiatives already taken at Petzl to further improve ...
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Online retailers can share stocks with suppliers
The message on more flexible and productive relationships between suppliers and retailers was echoed by Philippe Wargnier, a French entrepreneur who worked previously for Go Sport. He was the founder of Spartoo, a pure French online retailer specializing in footwear, and he later set up Evioo, a hybrid “click-and-mortar” eyewear ...
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Lafuma presents stable revenues
For the financial year ended on Sept. 30, the Lafuma Group reports a slight sales decline of 0.3 percent to €248.7 million. This is partially due to the development in the fourth quarter when turnover dropped by 6.6 percent to €77.6 million compared with the previous year's period. The fourth ...
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Disappointing quarter at Deckers Outdoor
Deckers Outdoor Corporation, the U.S.-based marketer of Teva, Ugg, Sanuk and other brands, did not see a successful third quarter. Net sales were slashed from $414.4 million last year to $376.4 million in the latest period, ended Sept. 30, while the gross margin went down from 49.0 percent to 42.3 ...
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The core Russian outdoor market is small, but promising
As the inventories left over from last year's warm winter are weighing on the European outdoor market, many companies are all the more eagerly watching out for openings in emerging markets. At almost opposite ends of the climatic spectrum, Brazil and Russia were both described as complicated markets with significant ...
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Patagonia invests in coating technology
Patagonia has taken a 15 percent equity stake in AeonClad Coatings, a nanotechnology specialist, with whom it will develop water-repellent down garments. Patagonia first entered into a partnership with the firm, a portfolio company of Emergent Technologies, in 2010, when the two companies established an R&D laboratory in Austin, Texas, ...
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Haglöfs moves quickly into Chinese department stores
The Beijing Yuechengjunda trading company, the distributor of Haglöfs in China, opened five new points of sale in department stores for the brand in October. These shops are also the first ones in Chinese department stores for Haglöfs at all. They are located in five different cities in northeastern and ...
