All Article articles – Page 225
-
Article
Eu Removes Shoe Anti-dumping Duties At Last
The European Commission has finally confirmed that its anti-dumping duties on leather shoes from China and Vietnam will not be renewed after March 31, posting a notice in its official journal. Without requesting an import registration or licensing scheme, the Commission also confirmed the establishment of a surveillance system, which ...
-
Article
Sanfo Plans Many New Stores, Goes Into Wholesale
China's leading specialty outdoor retail chain opened nine new stores and closed one in 2010, building up to a network of 26 Sanfo stores in eight cities. With a net selling surface averaging 500 square meters, the size of the stores varies from 200 to 1,000 square meters. The ...
-
Article
Globetrotter Opens Long-awaited Munich Store
On March 5, Globetrotter opened its store in Munich at last. Thomas Lipke, the managing director along with Andreas Bartmann, admitted that it was a 12-year journey to find the right location. In the end, the Hamburg-based chain set up at Isartor in a highly competitive retail environment. The ...
-
Article
Garmin's Outdoor/Fitness Profitability Slips
Garmin's outdoor and fitness division registered a 15 percent rise in sales to $170.6 million in the fourth quarter but profitability declined as the gross margin slipped to 66.0 percent from 68.8 percent and the operating margin narrowed to 47.8 percent from 53.6 percent. In the full year ...
-
Article
Tnf's Family Is In Very Good Shape
VF Corporation continued to enjoy robust growth in its outdoor and action sports unit during the fourth quarter of last year, as it splurged on marketing for The North Face and Vans. And the group is apparently trying to expand even faster in the outdoor market, since it was reported ...
-
Article
Chinese Outdoor Market Shows Impressive Growth
According to COCA, the China Outdoor Commerce Alliance, retail sales of outdoor products increased by 47 percent in 2010, going from 4,850 million renminbi (€530.5m-$737.6m) in 2009 to RMB 7,130 million (€780m-$1,048m) last year. Presented at the recent Ispo China fair in Beijing, COCA's annual figures indicate growth of ?only? ...
-
Article
China's Northland Makes Good Progress With Lowa And Leki
Northland China, the partner of the Austrian brand of the same name, reports promising results from the introduction of Leki to the Chinese market. Northland offers the hiking poles of the German brand, but not its ski poles. During the upcoming summer season, Leki will be carried by 40 ...
-
Article
Kailas Puts On Meindl Shoes, Explains Vaude's Strategy For China
As reported in the previous issue of The Compass, Kailas, one of the four leading brands in China, has joined forces with Vaude to develop and market products of the German brand especially designed for the Chinese market. Under the deal, the newly created company that will distribute these products ...
-
Article
Salewa Starts Up In China
Salewa has arrived in China at last and boosted its momentum with a large booth at Ispo China in Beijing. Andreas Rauter, the group's export director, and Robson Iu, business development director for China, told us that they want to penetrate this promising emerging market through grass-roots marketing, own retail ...
-
Article
The Black Diamond Glows At A Double Digit Growth Rate
Reporting on its latest financial results, Black Diamond said its sales went up by 13.6 percent on a comparable basis in the fourth quarter ended Dec. 31 to $34.2 million, with increases in North America, Europe and other parts of the world. For the full 2010 financial year, comparable pro ...
-
Article
Black Diamond Names Its Chinese Partner Distributor Of The Year
Shenzhen Himalaya Trading Company, an interesting Chinese company that also distributes Vasque and other foreign outdoor brands, has been elected by Black Diamond Equipment as its best independent distributor in the world for 2010, when its sales in China grew by 82 percent overall, with progress in every product category. ...
-
Article
Ispo China Shined In The Smog Of Beijing
Messe München made a good decision to transfer its Ispo China show, held In Beijing on Feb. 23-25, from its former venue to CNCC (China National Convention Center). The new facility is just 400 meters or so away from the ?Bird's Nest? in the 2008 Olympic Stadium. Due to heavy ...
-
Article
Oia, American Brands Test Chinese Waters
The Outdoor Industry Association and the U.S. Commercial Service held a trade mission recently at the U.S. Embassy in Beijing, designed to introduce American brands to retailers, distributors and other industry figures in China. The American companies included The North Face, Simms Fishing Products, L.L. Bean and REI. ...
-
Article
Ricochet Takes Lowe Alpine On Its Shoulders In France
Lowe Alpine France is to be wound up by the end of June and most of its activities transferred to Ricochet Access, a French distribution company selling Ziener gloves and apparel, and Dynamic skis. As part of the change, the majority of this firm's shares were taken over by Valérie ...
-
Article
Vf Wants $5 Billion More In Annual Revenues By 2015
Expanding on the objectives already laid out for The North Face last December (see vol. 3-27+28 of The Compass dated last Dec. 20), managers of the global apparel giant have laid out a more comprehensive strategic growth plan for the whole group that would take its overall annual revenues to ...
-
Article
New Leaders In Lundhags Shake-up
Lundhags, the Swedish outdoor brand, is undergoing significant staff changes after its chief executive was replaced last year. Erik Abrahamsson, former brand manager at Craft, joined Lundhags as brand and assortment manager, dealing with marketing. Tommy Östermann, formerly export manager at Björn Borg, has become sales manager at Lundhags. Sales ...
-
Article
End Of Hunting Season: Who Will Get Jack's Skin?
Shortly before the end of the deadline for bids to acquire Jack Wolfskin, scheduled for the end of next week, Financial Times Deutschland, the German daily newspaper, is spreading names of companies that are still in the race for buying the brand, and of those that are reportedly out. The ...
-
Article
Timberland Sales Surge, Focus On Earthkeepers
Timberland increased revenues by 26.7 percent to $491.1 million in the fourth quarter thanks to strong growth in men's products. The Earthkeepers range booked an astronomic triple-digit growth in the quarter and full year. In 2010, four of the top 20 products sold in Timberland's stores were Earthkeepers. The group's ...
-
Article
Continued Positive Development For Fenix Outdoor
The financial results of 2010 for Fenix Outdoor group ? organized into brands and retail ? show strong positive results. The total turnover for the group increased by 20 percent to 1,331.7 million Swedish kronor (€152.6m-$206.2m), due to stable demand, supplements from acquired businesses and a strong retail market in ...
-
Article
The Industry Struggles To Repair The Supply Chain From China
The latest Ispo trade show in Munich was dominated by one issue that will certainly be important during the talks at Ispo China in Beijing: the future of the supply chain from China to the West. Labor costs are skyrocketing and prices for raw materials are exploding. For example, the ...
