All Article articles – Page 247
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The Industry Discovers Tv To Appeal To The Mass Market
It seems to be a fast-growing trend in the outdoor industry to reach the general public through spots on television. Three big brands have just announced at once that they are going into TV marketing soon. On March 19, Adidas went on the air with a new format of ...
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Blacks’ Update Shows Outdoor Group Way Ahead
Blacks Leisure Group has updated investors about its own status since early January, when it announced its results for the Christmas season. Since then, it has performed as expected, with the outdoor group excelling and the boardwear group continuing to falter. The newly formatted outdoor stores have been 21 percent ...
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Profits Drop For The Parent Of Peak, Prompting Action In Spain And China
First-half results are in for IC Companys, and while it managed to eke out a 1 percent increase in sales to 2,041 million Danish kroner (€273.9m-$373.2m), the operating profit dropped by a third to DKK 202 million (€27.1m-$36.9m). The unfavorable market was blamed for the decline, and comparable store sales ...
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Globetrotter Weighs Now More Than 200 Kilos
Globetrotter Ausrüstung, Europe’s largest multi-channel specialty outdoor retailer, increased its sales after VAT from €205 million in the last fiscal year ended Feb. 28, compared with €178 million the year before. The increase of around 15 percent exceeded the targeted growth of 10 percent. Both the mail order and the ...
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Globetrotter Opens Its First Store For Kids
The Hamburg-based chain is ready to open its first store exclusively dedicated to kids and children-related products. The new store is scheduled for early May and will have a selling surface of around 400 square meters right next to the company’s headquarters. According to Thomas Lipke, managing partner of ...
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Garmin’S Sales Are Down, But Not In Outdoor And Sports
Garmin, the globally leading manufacturer of GPS solutions, faced a slowdown in sales in the last quarter of 2008. Overall revenues slipped from $1.22 to 1.05 billion, mainly due to a major decrease of the automotive and mobile division, the company’s largest unit, by 17 percent to $828 million. Aviation ...
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Deckers’ Gains Driven By Strong Ugg Sales
Deckers plans to make aggressive investments in UGG, Simple and Tsubo in an effort to gain market share in 2009 after closing out a record year with fourth-quarter net income of $40.5 million compared with $35.4 million from the year before. Sales jumped by 56.3 percent to $303.5 million. For ...
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Crocs Has Huge Loss On Forex Losses, Margin Erosion
The net loss was $33.2 million against income of $38.3 million for the final quarter ended Dec. 31 as sales plunged by 43.9 percent to $126.1 million. While that was higher than what analysts forecast (sales of $100 million to $120 million), it nonetheless closes out a disastrous year for ...
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Wolverine Is Consolidating European Operations
The Wolverine World Wide group has put forward a plan to centralize its European back-office functions in London and Paris, entailing the closure of offices in the Netherlands and Germany. Customer service and credit control for the Benelux countries, Germany and Austria are to be phased out and moved to ...
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Capo Puts New Management At The Top
Capo, the Austrian specialty headwear brand, has appointed a new managing director. Otmar Kräutler, the new chief, had been sales director; he’s been with the brand since June 2008. Before, Kräutler was with various textile manufacturers from within and outside the sporting goods business for more than three decades, including ...
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British Oia Has A New Manager
The British Outdoor Industry Association has appointed Louise Ramsay as its new director. The 35-year-old will assume the position by March 9. In fact the job was vacant since Roger Southcott dropped out in fall 2007; since then the federation was busy restarting its business. Ramsay started her career ...
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Further Commotion In British Sports Retailing
Blacks Leisure Group has released a statement that it had received a number of proposals for the acquisition of the company, but it has declined to disclose their origin. According to reports in the British media, which could not be confirmed, the main candidates are Mike Ashley, the entrepreneur ...
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Maier Is Fit For The Future, But Puts Two Brands On Hold
Maier Sports, the German apparel brand, believes it is prepared for the future after filing for insolvency under the German bankruptcy code in late 2008. Its operating business has been transferred to a new company that bears the name of the old one: Maier Sports GmbH & Co. KG. The ...
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Rocky Brands Sales Slip, But Loss Narrows
Net loss was $2.24 million against a loss of $23.6 million for the period ended Dec. 31. Fourth-quarter revenues were off by 9 percent to $66.0 million. Wholesale sales declined by 5 percent to $49.4 million because of supply chain disruptions caused by a former vendor, and retail sales slipped ...
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The Booming Chinese Market Is Well Prepared For A Slowdown
Regardless of the expected slowdown in the growth of the Chinese sports market this year, interest in the country’s outdoor sports business continues to thrive, as witnessed at the Ispo China fair in Beijing last month. About 13,500 visitors attended the fifth edition of Ispo China, which was ...
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Tnf Emea Posts Strong Growth; Appoints New Managers
Elaborating on the results recently published by VF Corporation for 2008, The North Face EMEA (Europe, Middle East and Africa) says its own sales in the territory grew by 12 percent to €217 million, with a particularly strong increase of 16 percent in Italy. The number of employees at the ...
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The “Paw” Reports Another Year Of Record Sales
Jack Wolfskin, the brand with the paw in its logo, has accomplished another year marked by skyrocketing sales. Global sales soared by 30 percent to €205.5 million in 2008. Turnover in Germany, still by far the brand’s largest market, grew in line with the global evolution of the sales by ...
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Montane Reports Soaring Sales Worldwide
The British brand for high-end lightweight and breathable apparel had a good performance in 2008. Global sales went up by 32 percent to €6 million. The brand still needs improvement in its foreign sales because 65 percent of the turnover is made within the United Kingdom while the rest of ...
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Visitors At Ispo Were In An Outdoor Mood
A total of more than 60,000 daily visitors were counted at Ispo, compared with 64,000 one year ago, and close to 66 percent of them came from outside Germany, down from 70 percent. The number of visitors was slightly higher than one year ago in the first two ...
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Positive Results For Fenix Outdoor
As it had predicted, the group’s sales in the 4th quarter were strong enough to make 2008 a good year. Its net turnover grew to 216.1 million Swedish kronor (€20.0m-$25.8m) from SEK 194.5 million in the year-ago period, probably thanks to good winter conditions across Europe. Operating profits dropped to ...
