All Article articles – Page 231
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Salomon’S Parent Outlines Plans For Expansion
Amer Sports has set out a strategy for future growth and improvement, setting new financial targets under its new chief executive, Heikki Takala, a former Procter & Gamble official appointed to replace Roger Talermo after many years as of last April. At a Capital Markets Day in New York last ...
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Columbia Sees Omniheat As Key To Specialty Retail
Columbia Sportswear has laid out some plans and goals for the future, and one of the goals is to expand its presence in Europe. It is also looking at the home U.S. market, where currently about 30 percent of its sales volume comes from sporting goods stores and specialty retail. ...
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Street Shoe Brands Go Outdoor
The casual segment of the branded brown shoe market registered flat sales on a global basis in 2009 in terms of local currencies, according to an annual survey by Shoe Intelligence, a sister publication of ours. In terms of dollars, it recorded a drop of 4.0 percent to a total ...
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Oboz Is Boosting Its Staff
This young American brand of outdoor shoes, which is already profitable after only two years of operation, is boosting its staff as its sales are growing at annual rates of about 100 percent, with strong support from about 170 large and small American retailers including REI and Zappos. Dave ...
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Norway’S Xxl Sport Is Setting Sail For Sweden
Swedish outdoor suppliers and retailers are awaiting with some trepidation the arrival of XXL Sport, the Norwegian operator of mega-sized sports stores, which will open three locations in Sweden by the end of the year. The plans call for two openings in Stockholm and one in Gothenburg. XXL Sport ...
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New U.S. Tariffs On Some Outdoor Shoes
President Barack Obama approved legislation last week that restores lower or zero duties on a variety of sporting goods products imported into the U.S., including several types of waterproof/breathable footwear for which the Outdoor Industry Association had obtained duty suspension in 2006. The OIA played a key role in ...
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Outdoor Segment Leads Johnson Results
Johnson Outdoors has reported that its total revenues for the third quarter ended July 2 rose by 7.9 percent to $124.0 million, with a 1.4 percentage point increase in the gross margin to 41.5 percent. Operating profit was up by 26 percent to $13.4 million, and net income grew by ...
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Indian Supplier Takes Over Switcher
Switcher, the Swiss sports, outdoor and casual apparel company known for its use of sustainable products, is now controlled at 51 percent by PremDurai Exports Private, an Indian company that has been an original manufacturer of Switcher products for around 25 years and that has held the Indian retail license ...
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Synergies Help Jarden’S Outdoor Solutions To More Timely Shipments
Jarden Corporation had a 21.9 percent increase in net sales for the second quarter ended June 30, reaching $1.5 billion, partly boosted by the acquisition on April 1 of Mapa Spontex household products. In organic terms, the increase was 8.7 percent. Every segment showed growth, led by an 8.5 percent ...
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Mountain Hardwear Retails Online
Mountain Hardwear’s new e-commerce site is open for business, marking the first time that customers can buy the brand directly from the company online in the U.S., with Europe due to follow, probably next year. Among the features of the new site are product videos and comparison tools, multiple ways ...
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Toko Glides From Mammut To Swix
Effective Sept. 1, Swix Sport is acquiring the entire operations of Toko from Mammut Sports Group. Technically speaking, the two ski wax brands will be merged under the helm of a newly created company, Toko-Swix Sport AG, which will be a 100 percent subsidiary of the Norwegian vendor. Swix takes ...
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Rohan Plans Major Expansion
This British chain of outdoor stores is planning to expand its store network from 47 to at least 62 stores by June 2011, inaugurating a new shop concept, with a more contemporary look, that is being developed to draw more attention to the technical features of its products, all still ...
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Wide Industry Support For The Eco Index
Close to 100 companies have asked to be included so far in the pilot phase of the Eco Index or to join a workshop to find out how they can participate in the project. As indicated in the previous issue, the Eco Index is described as a new environmental assessment ...
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Double-digit Growth At Outdoor Retailer
The Outdoor Retailer Summer Market show in Salt Lake City ended earlier this month, with organizers reporting an across-the-board “bounce back” in business from last year. Without citing precise figures, the organizers say that the number of attending buyers and represented stores there grew by the double digits. The demos ...
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Mammut Holds Steady For Conzzeta Group
Mammut Sports Group, a unit of Conzzeta Group, recorded a 1.2 percent increase in sales to 95.0 million Swiss francs (€70.8m-$91.2m) in the first half of 2010; without currency effects the growth would have been 2.7 percent. Germany and Japan, two important markets for Mammut, both saw rises in the ...
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Clarus/Black Diamond Reports First Results Since Merger With Gregory
Black Diamond Equipment, the newly formed public company that combines the former Black Diamond and Gregory Mountain Products since their merger last May 28 under the umbrella of Clarus Corporation, is targeting annual sales of $500 million by 2015 – through organic growth as well as acquisitions. Takeover candidates include ...
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Columbia Buys Outdry
Columbia Sportswear has bought OutDry Technologies, giving itself a more technical image. The financial terms of the deal were not disclosed, but Columbia’s outlay is probably minor, considering that this breathable waterproofing technology generated sales of less than €3 million for its Italian developers and its financial partners last year. ...
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Wanna Buy Jack Wolfskin? It’S For Sale!
Bloomberg reports that Jack Wolfskin is for sale. The skyrocketing German brand is controlled by Quadriga Capital as well as the private equity branch of Barclays, along with parts of the management led by Manfred Hell, chief executive of Jack Wolfskin. Company officials declined this week to comment on any ...
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Asia Outdoor Was A Success, But Will Face Competition
Asia Outdoor, the trade show that was held in Nanjing, China, from July 28-31 for the fifth time, recorded more exhibitors and trade visitors than ever before: The number of exhibitors grew by 24.6 percent to 359 while the visits peaked by 13.8 percent to more than 16,300. The ...
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Crocs Turns Around In The Quarter
In the second quarter ended June 30, Crocs recorded a 15 percent increase in turnover to $228.0 million, with increases from all sales channels. Wholesale revenues were up by 12 percent to $140.0 million, retail grew by 20 percent to $66.4 million, and e-commerce did very well, up by 24 ...
