All Article articles – Page 210
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Asia Outdoor sees itself as bronze medalist among the global outdoor shows
German Messe, the organizer of the Asia Outdoor show held in Nanjing for the seventh time from July 26-29, is happy with the attendance at this year's edition: The number of exhibitors improved from 452 last year to 570. The exhibiting surface increased from 42,000 to 48,000 square meters. The ...
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Amer’s investments buoy sales but sink income
Driven by winter and outdoor apparel, Amer Sports managed to lift its sales by 12 percent to €353.8 million in the second quarter, which was an increase of 5 percent in constant currencies, but abundant investments in own retailing and emerging markets dug a hole in the company's earnings.Sales were ...
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Adidas Outdoor wants to become No. 3 in China
Adidas Outdoor has ambitious plans to improve its presence on the Chinese market with a major rollout of stores exclusively dedicated to the three-striped outdoor gear. In 2009, Adidas Outdoor made it into China, and in September 2011 it opened its first single- brand store worldwide exclusively devoted to outdoor ...
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Jarden’s outdoor down by 3.2% in the quarter
Reporting its results for the second quarter ended June 30, Jarden Corporation said that the revenues of its Outdoor Solutions unit fell by 3.2 percent to $747.3 million, compared with the same period in 2011. The operating margin of the segment was off by 2.6 percentage points to 12.8 percent ...
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Black Diamond’s sales grow by 13%, but net loss increases
Total sales for the Black Diamond group, based in Salt Lake City, were $31.9 million in the second quarter ended June 30, a 13 percent increase from the year-earlier period. The gross margin increased to 39.1 percent, compared with 38.9 a year ago, due to a favorable mix in higher ...
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The OutDoor show proves to be a solid rock in stormy times
To the surprise of many visitors who may have believed that this year's edition of the OutDoor show in Friedrichshafen suffered from weaker attendance, its organizers again presented a slight plus for the visitors who showed up at Lake Constance.According to the official figures provided by Messe Friedrichshafen, 21,730 visitors ...
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Regatta moves into Scandinavia
The Regatta group, the British owner of the Regatta, Dare2B and Craghoppers brands, is preparing to open its own business in Sweden this year. The group is searching for the right manager for this new sales subsidiary, which could cover Sweden as well as some other Nordic countries and the ...
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Teva moves into light hiking
Teva launched a new patented technology at the OutDoor show in Friedrichshafen, called TevaSphere. Showing the results of laboratory tests at its booth, the brand claimed that the pod-arch system embedded in its new TevaSphere line of cross-training shoes helps improve stability, especially on rocky terrain, while its spherical heel ...
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Ternua on international growth path
The Spanish outdoor brand Ternua has expanded internationally this year, especially to Eastern European markets. The company had a very successful first half of 2012, where many new contacts were made. At Ispo in January, Ternua established a first contact with Sportrysy, a retail chain and distributor based in Slovakia. ...
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The North Face continued its success story in the quarter
The North Face has been enjoying strong sell-through at retail, leading to pre-orders that were up by a low-double-digit rate at the end of June. This came after a robust performance in the second quarter, during which the outdoor brand's turnover increased by 14 percent in dollars and by 16 ...
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Well-educated middle-aged men drive the Chinese market
The average Chinese outdoor consumer is likely to be a man of 33 years, with a university degree and an average income of about RMB 14,000 (€1,800-$2,220) – at least that is the profile that emerged from the consumer research launched by the organizers of Asia Outdoor last year, in ...
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Samsonite to buy High Sierra
Samsonite, the big international luggage group quoted on the Hong Kong Stock Exchange, has reached an agreement to acquire High Sierra Sport Company, an American company specializing in the production of backpacks and other casual, outdoor and sports bags.The international reach of Samsonite should also help High Sierra to widen ...
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Montura boosts management, moves into new premises
After growing rapidly in the last few years, Tasci, the company of Roberto Giordani that launched the Montura brand of clothing 12 years ago, creating a sensation with its very technical mountain climbing pants, has moved into a brand-new head office north of Vicenza and hired many new experienced managers. ...
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Slower growth for the Chinese market after huge expansion
The Chinese outdoor business enjoyed a halcyon year, with sales soaring by 57.8 percent to about 11 billion renminbi (€1.4bn-$1.7bn) at retail in 2011. The huge growth was driven by a spate of store openings and more abundant sales in existing stores as outdoor brands became increasingly fashionable, but the ...
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Inov-8 gets backing from a private equity fund
This British brand of trail running shoes and other performance footwear signed a deal last May for an equity increase funded by a U.K. low-cap private equity company, Isis Equity Partners, to help support its strong growth at home and abroad, its expansion into new markets and further product development. ...
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The outdoor brands invoiced 14.5% more for footwear in 2011
According to our annual survey of the market, sales of branded outdoor shoes grew by 14.5% at the wholesale level in 2011 worldwide in terms of U.S. dollars, with increases of 9.6 percent in the U.S. and 18.6 percent in the rest of the world. This was better than the ...
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Helly Hansen is sold to a Canadian pension fund
Helly Hansen, the Norwegian sports and outdoor brand, has changed hands again. Altor Equity Partners, the Norwegian investment firm that took over Helly Hansen in 2006 from Investcorp, has sold a stake of 75 percent to the Ontario Teachers' Pension Plan Board (OTPP), while retaining the remainder of its shares. ...
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Treksta enters the British market
Treksta, the leading South Korean brand of outdoor footwear, will be selling its product line in the U.K. from spring 2013 through a distribution partnership with Bridgedale, the big British producer of technical outdoor socks.The most important markets for Treksta in Europe are currently Scandinavia, Germany and Spain. Sporthaus Moxter, ...
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Gelert makes a fresh start with new backing
Gelert, the British outdoor and camping equipment company, is preparing to ramp up investments in marketing and distribution after it entirely reshaped its management in the last few months, with the firm support of its bankers. The moves come after a few tumultuous months, which altered Gelert's ownership, but reinforced ...
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Tecnica Group up by 3%
The Tecnica Group recorded a 3 percent increase in total sales to €394 million last year, generating a rather stable operating profit of around €35 million before amortization (Ebitda). Due to high amortization and financial charges, the group just about broke even for the year, but it did have positive ...
