All Article articles – Page 212
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Schoeller buys Eschler’s plant and sports buz
Schoeller Textil of Switzerland has agreed to take over the German production plant of Eschler Textil in Balingen and its Swiss-based sales organization for sports products, as part of a deal that will reinforce the long-standing partnership between the two Swiss family-owned companies. The tie-up will enable Schoeller to offer ...
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Black Diamond buys Poc Sweden
Black Diamond Inc. has sealed an agreement to take over Poc Sweden, a company that has grown rapidly in the last years with its distinctive ski helmets and other protective gear, ahead of a more recent diversification of its well-designed product line. Poc said that it would retain much of ...
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Asia lifts sales and investments at Haglöfs
Haglöfs, the Swedish outdoor brand, reported an almost exactly flat turnover reaching 626.1 million Swedish kronor (€70.6m-$88.2m) last year, but its sales jumped by 4.5 percent in constant currencies. The company could provide figures on its own business for 2011 after Asics, the Japanese group that owns Haglöfs, published its ...
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American Rec introduces three brands to European buyers
American Recreation Products, which was formed as a group of outdoor companies last year, is preparing to step up investments in the European market with the introduction of its three specialty brands, Sierra Designs, Kelty and Ultimate Direction, at the OutDoor fair in Friedrichshafen.American Rec, which is owned by Sun ...
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Changes at the top of TNF EMEA; parent sees big chances in Asia, South America
Arne Arens has been appointed vice president and general manager for The North Face in Europe, the Middle East and Africa (EMEA). Arens joined The North Face EMEA as sales director in 2010. He will take over from Timo Schmidt Eisenhart, who will switch to Timberland, another company in the ...
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Scarpa scouts for partnerships and acquisitions
Reporting sharply improved financial results, Scarpa says it is planning to take over the distribution of its products in some foreign markets in the course of this year. With corporate assets worth €24.6 million and virtually no debt, the Italian company, which specializes in mountaineering boots, is also looking around ...
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Big growth abroad for Norrøna
Norrøna, the Norwegian outdoor brand, has sealed a distribution deal for the Japanese market with Fullmarks, which built up Haglöfs and still sells a spate of other Scandinavian brands in the country, from Poc to Aclima, Houdini and Hestra. Haglöfs set up its own business in Japan earlier this earlier, ...
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Lowa is more cautious after a strong performance in 2011
Lowa reached sales of €143.0 million in 2011, up by 8.3 percent as compared to €132.0 million in the previous year. The worldwide sales of the Lowa brand alone increased by €11 million, or 9.8 percent, to €122 million. The remaining €21 million in sales were generated in Germany alone ...
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MBO at Primaloft
Albany International has agreed to sell its Primaloft insulation business to a newly created company, Primaloft Inc. The deal is a management buyout orchestrated by Primaloft's senior management, led by Michael Joyce, who previously acted as president of Albany's Applied Technology Group. The transaction is worth some $38 million and ...
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Flat sales at Johnson
Johnson Outdoors reported essentially flat sales of $128.7 million for the second quarter of its financial year, ended March 31. The gross margin declined to 39.3 percent from 41.1 percent, but operating earnings rose by 22.4 percent to $14.0 million, thanks in part to a favorable $3.5 million settlement with ...
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Fenix Outdoor posts good growth but profits are down
Fenix Outdoor, the parent company of brands such as Fjällräven, Hanwag, Brunton, Primus and Tierra along with own retail operations in Sweden and Finland, had a good first quarter in terms of sales, which grew by 22 percent to a total of 402.9 million Swedish kronor (€44.8m-$56.4m) as compared to ...
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McTrek is on track, but cuts its Sine roots
Yeah! AG, the holding company that owns McTrek, the discount-oriented German specialty chain, managed to increase its sales by 17 percent to €26.2 million in 2011. The growth rate did not occur on a comparable basis because the chain opened four more stores last year. Another store opened in Rosenheim, ...
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Lake Constance formally secures long-term OutDoor contract
After our reporting back in autumn, it has been no surprise that Messe Friedrichshafen would get a new assignment to host the OutDoor show beyond 2013. Contrary to earlier agreements, the contract is no longer limited to five years, but will be a “rolling” one. That means that the agreement ...
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Camelbak’s new owner sells one of its companies
Compass Diversified Holdings (CODI), which bought Camelbak Products last August, has sold its majority stake in Halo Holding Corporation, a leading supplier of promotional products that it acquired five years ago, for a total enterprise value of $76.5 million. Because of the debt related to Halo, the transaction will not ...
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Black Diamond enjoys strong increases
In announcing its group's good results for the first quarter, the management indicated that it was close to an acquisition, but declined to divulge any details, pending due diligence proceedings. The group is also making preparations with key retail clients for its first apparel line.Sales grew by 19 percent to ...
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Outdoor is one of Garmin’s best segments
Garmin recorded a 16 percent increase in the revenues of its outdoor segment to $77 million in the first quarter, thanks in part to continued good performance for the company's expanding range of golf products. Dog tracking and training systems contributed to the growth, too.An even higher 26 percent increase ...
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Original Buff banks on apparel for growth
The Spanish company, famous for its colorful bandanas, will show a wider range of clothing at the OutDoor fair in Friedrichshafen in July, after presenting its first winter apparel line at Ispo in Munich last February.The potential is big, considering that distributors and retailers have adopted Original Buff's 4-year-old apparel ...
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Brazilian outdoor show thrives among consumers
Held in São Paulo on April 19-21, the 13th annual edition of the Adventure Sports Fair (ASF) looked very busy, welcoming 268 exhibitors and a total of about 54,000 visitors – mostly consumers – on more than 15,000 square meters of space. The figures are not quite comparable with those ...
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A.S. Adventure is flat, but remains top of Europe
Hurt by unfavorable weather conditions, the A.S. Adventure Group has reported nearly flat sales for last year, in spite of eight store openings. But it remained the largest outdoor retail group in Europe, with a turnover of nearly €290.9 million, down almost imperceptibly from €291.1 million in 2010. Owned by ...
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OR organizers still adding new attractions for Summer Market
As the outdoor industry counts down to the Outdoor Retailer Summer Market, being held Aug. 1-5 in Salt Lake City, organizers are adding new events and programs every week. More than 850 past exhibitors are returning, and more than 300 are making their debut.New events have been added to the ...