All Article articles – Page 209
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Jack Wolfskin seeks out opportunities abroad
Having reached a dominant position in the German-speaking market, which still represents about 80 percent of its revenues, Jack Wolfskin is trying to make a dent in two other important neighboring markets – France and the U.K. – while considering structural changes in big emerging markets such as Russia and ...
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The new generation steps up at Ivanhoe
The second-generation owners of Ivanhoe, a Swedish brand of outdoor and golf apparel, have started to transfer responsibilities and ownership to the third generation of the Göthager family. Anna and Anders Göthager became the majority shareholders of Ivanhoe Support AB, a new entity that will deal with marketing, sales and ...
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Rich program for the European Outdoor Forum
The Outdoor Sports Valley (OSV), which is organizing the European Outdoor Forum (EOF) for the third time in the nice French town of Annecy on Oct. 16-17, has put its program online, pointing out that the delegates who want to attend will get an “early bird” discount if they book ...
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JD stabilizes Blacks
The JD Sports Fashion group saw its operating profit before one-off costs shrink to £3.2 million (€3.9m-$5.2m) for the 26 weeks until 28 July, down from £16.2 million (€20.1m-$26.3m) for the same weeks in 2011, chiefly due to the disruption caused by acquisitions. The British sports fashion retailer bought Blacks ...
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Lafuma comments on potential takeover bid from Korea
Reacting to press reports of the Lafuma Group's potential acquisition by a South Korean conglomerate, E-Land, the French outdoor and action sports group confirmed that it had been approached by the company and that discussions had been opened. However, Lafuma hastened to add that the talks were very preliminary, and ...
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Bever founder buys distribution company
Fred van Olphen, the founder and former owner of Bever Zwerfsport, the leading Dutch outdoor retailer, has acquired Robijns, a distribution company specializing in technical outdoor products. The company was previously owned by Marco Robijns and his spouse, Paulien Verhoeven, who have been running the business for more than two ...
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Joint industry action against doubtful testing methods
It is not news that brands are unhappy with the German Stiftung Warentest (“foundation product testing”), which has a powerful voice among German consumers. Warentest does not specialize in certain product categories, but tests any type of consumer goods and financial services. The results are published in the foundation's magazine ...
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Deadly accident forces climbing industry to recall and rethink
In an unprecedented case, a couple of brands of climbing material have volunteered to recall a vast number of their via ferrata sets. This came in the aftermath of a deadly accident with one casualty in Austria in August. According to information from the alpine clubs, it has never happened ...
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Quarterly rises for Garmin
Garmin's revenues from its outdoor segment increased by 24 percent to $100 million in the second quarter of 2012. Those of the fitness segment increased by 5 percent to $82 million, compared against a strong performance in 2011. The company's overall sales increase amounted to 7 percent. Turnover reached $718 ...
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EOG launches a rotating European Outdoor Summit
After lending its support to the annual European Outdoor Forum (EOF) since its start in 2010, the European Outdoor Group has decided to launch a similar initiative from 2013 on, working with national associations to host it in a different European country during the month of October each year. It ...
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Outdoor Retailer ended on a strong note
According to preliminary estimates, the number of visitors increased by about 2,000 to around 27,000 at the Outdoor Retailer Summer Market, which ended last Sunday in sunny Salt Lake City with good vibes and on a strong note, in spite of continued worries about the weather and inventories.An early warm ...
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Johnson Outdoors reports growth, except for diving
Johnson Outdoors reported a 5 percent increase in total net revenues to $128.6 million during the third fiscal quarter ended June 29, compared with the same quarter a year ago, with new products generating more than 40 percent of total sales. Currency translations had a negative 2 percent impact on ...
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Deckers invests in Hoka One One
Deckers Outdoor Corporation has announced a “strategic investment” in Hoka One One, the new and special brand of oversized trail running shoes first introduced for the autumn/winter 2010/11 season by Jean-Luc Diard, a former chief executive of Salomon, and by his former marketing manager, Nicolas Mermoud.As we have subsequently learnt, ...
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Deckers posts a higher loss, Teva declines
Deckers Outdoor Corporation, parent company of Teva, Ugg, Sanuk and other brands reported a lower loss than expected for the second quarter ended June 30. It amounted to $20.1 million, up from $7.5 million in the same period a year ago, on 13.1 percent higher overall revenues of $174.4 million.While ...
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The Korean market may cool down, too
The South Korean outdoor market, which has become the second-largest in the world after the U.S., is apparently showing some signs of saturation. Like other mature markets, it has been hit by the warm spell of the last winter season, although the country's economy, which is less export-oriented than the ...
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Columbia posts improved quarterly results
Columbia Sportswear reported an increase in consolidated net sales of 8 percent to $290.4 million for the second quarter, and the company's seasonal loss declined by 42 percent to $7.9 million. Changes in currency exchange rates caused had a negative effect of one percentage point.Sales growth in the quarter was ...
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China’s Sanfo may not be strong enough for a successful IPO
The example of Sanfo, China's leading specialty outdoor chain, highlights how overstretched the expectations from the local outdoor industry might be. The chain's figures for the current year are promising, but perhaps not powerful enough to make it successfully to the stock exchange, a plan that the owner, Heng Zhang, ...
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Mammut starts business in China
Mammut Sports Group, a company that has not been active on the Chinese market so far, will open up its own subsidiary with an office in Beijing, operating by the turn of 2012 and 2013. Currently, the Swiss group is looking for personnel to get the new operations going.At the ...
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More outdoor brands go for a total look
While Scarpa and some other brands of outdoor shoes want to focus on their core business, at least two brands, Inov-8 and Kamik, are diversifying for a more complete look. They are coming out with their first apparel lines in the wake of the likes of La Sportiva or Merrell.Kamik ...
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China between endless growth and western-style normalcy
The hard facts put out by market researchers on the outdoor business in China (as published in the Compass' last issue) suggest a strong increase of nearly 60 percent last year, but indicated that the market is slowing down massively in 2012. “Slowing down” in Mandarin terms means a growth ...
