All Article articles – Page 219
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Double-digit growth for Timberland
Timberland reported a net loss of $20.1 million for the second quarter, down from a loss of $23.5 million in the same period a year ago, as sales rose by 27.1 percent to $240.1 million, up 20.6 percent on a constant dollar basis.The gross margin declined by 2.1 percentage ...
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Deckers posts a temporary loss
Deckers Outdoor Corporation, parent company of Ugg, Teva, Tsubu and Ahnu completed on July 5 the acquisition of Sanuk, a surf-inspired brand of sandals and other types of shoes, whose sales jumped by 57 percent in the first half of this year to about $43 million. The brand is sold ...
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Europe leads Crocs’ growth
+ Europe was Crocs' fastest growth market in the second quarter ended on June 30, rising by 50.4 percent to $52.2 million. For the first time ever, Asia became the company's largest market, overtaking the Americas. But the feat will be short-lived and the Americas should remain the group's biggest ...
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Kailas counts on products “made in Europe”
Kailas, the fast-growing Chinese brand, announced something very interesting at the Asia Outdoor show in Nanjing: This supplier of outdoor and climbing products will add to its collection climbing ropes that are not going to be manufactured in China, but in Europe. They will be made by Edelrid, a company ...
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Some respite for cotton
The International Cotton Advisory Committee is predicting a fall in cotton prices over the next year due to a projected 8 percent increase in global production during the 12-month period ending in September 2010. Shortages drove the average price of cotton to a record of US$1.64 per pound during ...
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Columbia is strong, less so in the U.S.
+ Columbia Sportswear achieved impressive sales figures for its second quarter, lifting its turnover by 20.8 percent to $268.0 million. The U.S. delivered the smallest share of the rise, as the group's turnover in the country firmed up by 4.3 percent. Canada, a traditionally strong market for Columbia products, was ...
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Oboz puts its foot into the Chinese market; Europe should follow
Among a couple of other brands, Oboz, the young U.S. specialty brand of trail-running footwear, premiered at the Asia Outdoor show in Nanjing to make it into the Chinese market. The plan is to have 20-odd retailers in the People's Republic of China this year, followed by market entries in ...
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China: More growth, more competition, more uncertainties
The sixth edition of the Asia Outdoor trade show held in Nanjing in late July was definitely a success. It came along with two firsts: It was organized in combination with a new bicycle show called Asia Bike, and it had a new venue, the Nanjing International Exhibition Centre. In ...
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With new management, Toread is set to confirm its leadership in China
Recently, Toread, the leading domestic brand of outdoor products in China, shuffled its management. The new president of this big player, which leads the market along with The North Face and Columbia Sportswear and which went public three years ago, is Peng Xin, who worked before at companies such as ...
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Hilleberg enters China
The leading Swedish maker of high-end tents has struck a distribution agreement with Shanghai Leeway Company, which showed three of its products in front of its booth at the recent Asia Outdoor fair in Nanjing. Officials of Hilleberg said th ey concluded the deal after meetings with more than 20 ...
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KingCamp moves into Central Europe
KingCamp, a big player in the Chinese market of outdoor and camping goods, has moved into the German-speaking countries by appointing Venta Sport from Frankfurt as its distributor. Unlike most other Chinese brands, KingCamp is not limited to the domestic market, but already sells into 38 countries worldwide. Other more ...
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OurDry gets new clients, keeps busy on the legal front
OutDry Technologies, the company acquired by Columbia Sportswear one year ago, has found several new customers for the application of its water-resistant membranes to gloves. One is Browning, the hunting gear company. Another one is a company in the bike sector whose identity will be revealed just before next month's ...
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Rocky Brands improves margins on less military
Rocky Brands suffered a decline in sales to the U.S. military as well. It was partly offset by higher retail and wholesale revenues, but the drop nevertheless led to a decline of 5.5 percent in total sales to $52.3 million in the second quarterAs military sales carry lower prices and ...
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Blacks has new investor, new chief, but suffers from U.K. riots
Henderson Global Investors, a London-based equity firm which went public in 2003, hs acquired a major stake in Blacks Leisure, the big British outdoor and sports retailer. It now has 17.12 percent of the voting rights, which makes it the second largest shareholder of the chain behind Sportsdirect.com Retail (21.3 ...
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Black Diamond Inc.improves sales and margins
Black Diamond Inc., the marketer of the Black Diamond and Gregory brands, reached sales of $28.3 million in the second quarter ended June 30, compared with $7.7 million in the same period of 2010. On a pro forma basis, including the sales of Gregory Mountain Products prior to its acquistion ...
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Amer likes outdoor more than tennis or golf
+ Salomon continued to drive the expansion of the Amer Sports group in the second quarter, contributing to hefty increases in its footwear and apparel sales. The rise in the Finnish group's footwear sales came mostly from hiking and trail-running products, with increases in all regions.As part of the company's ...
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Lowe Alpine goes back to Colorado
Another outdoor brand is leaving the East Coast of the U.S. By next November, the U.S. operations of Lowe Alpine should again be based in Colorado, where the brand was founded back in 1967. Equip Outdoor Technologies, the parent company of Rab that recently acquired Lowe Alpine from Asolo, is ...
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Ahead of its IPO, Sanfo is in an excellent shape
Sanfo, the leading specialty retailer in the Chinese outdoor business, made progress in the first half of 2011, and no one doubts that the chain can make it successfully to the Chinese stock exchange in 2012 or 2013. In any case, its founder and president, Heng Zhang, kept the promises ...
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Trezeta gets a new German agent
The German subsidiary of Genfoot, owner of Kamik, had dropped the distribution in the German-speaking countries of Trezeta, the Italian brand of outdoor shoes, after its owners decided to take a 50 percent stake In Aku. The distribution of Trezeta in Germany, Austria and Switzerland has now been taken over ...
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Lafuma’s sales growth accelerates
+The Lafuma Group's sales expanded faster in its third quarter ended June 30, driven by a 10.6 percent rise in revenues from outside France. The momentum is expected to continue in the fourth quarter and in the first quarter of the company's 2012 fiscal year, owing to a significant increase ...
