All Article articles – Page 245
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Helly Hansen Scored Well
Sales grew by 2.5 percent in 2008 for Helly Hansen, or by 5 percent in constant currencies, reaching 1,489 million Norwegian kroner (€168m-$232m), or about 2 billion NOK (€225m-$312m) including licenses. Earnings before interest, tax, depreciation and amortization (Ebitda) went up by 29 percent to 152 million NOK (€17.1m-$23.8m). ...
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Odlo Posts Good Figures; Hits The Japanese Market
Odlo, the Swiss specialty brand for outerwear, cross-country and running wear as well as functional underwear, has sealed an agreement with Zenoah of Tokyo, which is to set up Odlo’s distribution in Japan. With its 15 employees, Zenoah is a subsidiary of Zett Corporation, and distributes local specialty brands for ...
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The North Face Continues To Power Own And Franchised Retail
Patrick Frisk, who runs the businessf of The North Face in Europe, the Middle East and Africa, has given an update on how the brand has been doing in the region as of end of April. Outdoordata.com, the French trade publication, reports that sales in TNF's present seven corporate stores ...
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Strength At Mammut Can’T Keep Conzzeta Positive
In reporting its results for the first four months of this year, Conzzeta Group said its sporting goods company, Mammut Sports Group, had the best performance, posting revenue growth of 12.3 percent to 76.4 million Swiss francs (€50.4m-$70.3m), helped by strength in reorders of winter goods and good orders for ...
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Eog Reports Successful Lobbying On Ice Tools In Brussels
The European Outdoor Group has managed to convince the European Commission that ice tools should be considered personal protective equipment (PPE). For unknown reasons, the Commission had refused to accept ice tools as PPE for more than three years. The refusal led to a postponed revision of the EN 13089 ...
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Karstadt Files For Bankruptcy
Arcandor filed yesterday for bankruptcy in a court in Essen, Northrhine-Westphalia. The holding company announced that its subsidiaries Karstadt Warenhaus, Primondo (head of the group’s mail-order operations) and Quelle are also seeking protection under the German bankruptcy code. Arcandor’s move excludes the group’s profitable tourist operations under Thomas Cook , ...
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Blacks Plans Further Exit From Boardwear After Annual Loss
Sales of Blacks Leisure Group fell by 9.1 percent to reach £267.6 million (€310.5m-$435.6m) for the fiscal year ended Feb. 28. The loss for the year was £14.4 million (€16.7m-$23.4m), compared with a loss of £9.3 million (€10.8m-$15.1m) in the previous year, but that includes impairment, lease and restructuring charges ...
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Lafuma Expects Better Margins, After A Big Loss
The recently recapitalized Lafuma Group reported a net loss of €3.2 million for the first half of its financial year, through March 31, worse than its loss of €0.7 million in the same period of the previous year. However, operating charges and capital investments are being reduced as part of ...
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Sharp Decline In Johnson’S Outdoor Division
Johnson Outdoor’s second quarter was marked by a significant decline of its overall net sales by 12.5 percent to $ 106.6 million. Net income, however, increased by 420 percent to $ 2.4 million, thanks to a $20 million cost-cutting program that was launched last December, accompanied by a 12 percent ...
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Lowa Confirms Its Leadership
Partially due to a good winter, the Lowa brand managed to increase its sales significantly in 2008. Revenues jumped by €4 million to €107 million. Outdoor footwear contributed about €1 million to this increase. The German-speaking countries continued to be Lowa’s most important markets. Production increased by 26,000 to 350,000 ...
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Chinese Outdoor Market Is Still Up, Experts Say
According to observers of the Chinese outdoor market, the business in the Far East continues to be booming even though China has also been hit by the global crisis. Official sources say that the production of the entire Chinese manufacturing industry continued to increase by 8.3 percent in ...
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Bushnell Buys The Cebe Brand
Marcolin, the big Italian eyewear manufacturer, has agreed to sell its Cébé brand to Bushnell Outdoor Products, complementing its Bollé and Serengeti lines of eyewear. Bushnell says the acquisition will allow the American company to differentiate its product lines and its distribution channels with a brand that is well known ...
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Berghaus Is Ahead Of Its Plan In China; Opens Flagship Store
The British outdoor brand has finally hit the Chinese market. Nearly six months ahead of the original schedule, Berghaus’ local licensee, Symphony Resources, has opened its first Berghaus concession in a department store in the city of Dalian, followed by additional points of sale in department stores in Changchun and ...
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Fenix Is In An Acquisition Mood
It was rumored at the last Ispo show in February that Fenix Outdoor, the Swedish parent company of brands like Fjällräven, Hanwag, Primus and Tierra, as well as Naturkompaniet, the retail chain, was looking for opportunities to acquire additional brands or companies. Now the company has dropped at least one ...
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Outdoor Show Is About To Break Last Year’S Record
As of May 13, Messe Friedrichshafen reports a total number of 779 exhibitors from 39 nations at the OutDoor show which takes place from July 16 through 19. These exhibitors represent more than 1,000 brands, and nearly 80 percent of them are from outside Germany. While there are some days ...
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Crocs Predicts Profits In 2010
A 32 percent drop in sales at Crocs to $134.9 million led to a net loss of $22.4 million in the first quarter of this year, nearly five times the $4.5 million loss in the same period in 2008, but the company’s new management, led by John Duerden, expects to ...
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Vikman Switches From Wholesaleto Retail
Johan Vikman, the former chief executive of the Fenix Group who switched to the same position at Norrwin last July, jumped ship again earlier this month. Norrwin is the Swedish-based outdoor group comprising Five Seasons, Tenson and Lundhags. Vikman joined last year with the task of stimulating joint projects between ...
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Outdoor Focus At Poland’S Sport-winter Show
The Polish sport and outdoor trade show held in Kielce in late February, Sport-Winter, proved to be a successful platform for meetings between Polish manufacturers, distributors and representatives of foreign brands. This year’s show hosted almost 210 sport and outdoor companies. One of the exhibition halls was devoted ...
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Lacrosse Footwear Suffers First Quarterly Loss In Five Years
Impacted by corporate investments, including spending on a new distribution center in the U.S. Midwest, LaCrosse Footwear suffered a net loss of $692,000 in the first quarter ended March 28, against income of $779,000 for the same period a year ago. It was the company’s first quarterly loss since 2004. ...
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Lafuma Reports Progress, While Finalizing Its Refinancing
While announcing a major refinancing package, the Lafuma Group reported that its turnover increased by 7.2 percent to €120.7 million over the six-month period up to March 31, although on a comparable basis, excluding the integration of Eider’s activities, it decreased by 2.5 percent. On a comparable basis, the second ...
