All Article articles – Page 59
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ArticleColumbia Sportswear sees Q3 sales jump 19% as margins squeezed, inventories pile up
Columbia Sportswear posted record revenues of $955.0 million in the third quarter, up by a reported 19 percent on the year earlier and 22 percent higher at constant currency rates, as its top line benefited from the more favorable timing of Fall ’22 shipments compared to the year earlier. The ...
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ArticleOrtlieb and Driver Berlin cooperate on upcycling
Source: Ortlieb Scrap material is generated during production at Ortlieb, which the company is now handing over to Fahrer Berlin for upcycling. Both the German pioneer of waterproof outdoor and bicycle bags and backpacks Ortlieb Sportartikel GmbH and the comparatively young bicycle accessories brand Fahrer Berlin GmbH ...
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ArticleClosing the textile loop: Think circularity at every stage
“Talk to us at the beginning, not the end.” OnceMore’s Angeline Elfström on enabling a circular textile system throughout the value chain.
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ArticleSlumping bike product sales cause double-digit sales decline at Thule Group in Q3
More expensive raw materials, higher freight costs, unfavorable exchange rates, etc. – initially, Thule Group AB was still somehow able to offset the effects of the Russian invasion of Ukraine with price increases and efficiency measures. But even then, the Swedish company explicitly referred to the unstable market situation in ...
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ArticleSwedish sports retail sales decreased by 4.7 percent in Q3 2022
The Sportindex, a Swedish industry index produced by the Swedish Sports Forum in cooperation with HUI Research, shows that total sales in sports retail decreased by 4.7 percent in the third quarter of 2022 compared to the same period last year, making it the third consecutive quarter with negative development ...
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ArticleThe Big Gear Show moves to Denver, includes consumer days
Source: BGS The switcheroo game between Utah and Colorado and its outdoor trade shows continues. The organizers of The Big Gear Show (BGS), the exclusive hardware trade show launched in 2020, and the new e-bike trade show (e)revolution plan to hold them simultaneously on June 8-11 at ...
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ArticleVF Corp. adapting to softer consumer environment, drops FY outlook
VF Corp is maintaining its full-year revenue growth guidance of 5-6 percent, citing its balanced portfolio and a building recovery in China as two examples, but has lowered expectations on some key financial metrics due to currency headwinds, higher inventory levels and a more promotional environment. The North Face parent ...
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ArticleNorrøna x Ulysse Nardin’s exclusive product combo with environmental message
Source: Norrøna Norrøna’s arctic Gore-Tex Pro Ulysse Nardin Edition jacket Norwegian outdoor specialist Norrøna has launched a collaboration with Swiss luxury watch brand Ulysse Nardin. The exclusive collaboration centers on the Norrøna arctic Gore-Tex Pro Ulysse Nardin Edition jacket and the Ulysse Nardin Diver Norrøna Arctic Night ...
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ArticlePatagonia employees and founder among winners of Swedish Fabric of Life Award
The Fabric of Life Award The Fabric of Life Award was founded in 2021 by Sweden’s leading fashion entrepreneur, Paul Frankenius, in honor of the 400th anniversary of the city of Boras, his hometown and the capital of Sweden’s textile industry. This year’s winners were announced on ...
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ArticleBergans launches first backpack compatible with Safeback SBX survival system
Bergans has developed the world’s first backpack compatible with the Safeback SBX technology. Prior to the official launch, both the backpack and the technology – the latter patented in Norway and patent pending in the EU, U.S., Canada and Japan – have won separate ISPO Awards. Safeback SBX ...
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ArticleRegatta Group strengthens leadership team
U.K.-based Regatta Group, the parent company of the Regatta, Craghoppers and Dare2b brands, has announced two new senior leadership positions. Dr. Orla Flynn started her role as the new chief operating officer in October, replacing longtime employee David Holt, who will retire next summer and no longer serve on the ...
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ArticleTwo-thirds of Odlo’s products now made from recycled or natural fibers
Just in time for Global Sustainability Day on Oct. 25, Odlo announced that it has reached another sustainability milestone: 66 percent of its total production is now made from recycled or natural fibers. This represents a further 15 percent increase year-on-year. In recent years, Odlo says its use of ...
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ArticleSRAM veteran transfers to World Bike Relief
Source: SRAM David Zimberoff After nearly 30 years in the bicycle industry, “DZ” David Zimberoff will soon leave his position as vice president of marketing at U.S. bicycle component manufacturer SRAM Group (Avid, Hammerhead, Quarq, SRAM, Rockshox, Time Sport, Truvativ, Velocio, Zipp brands) to focus on a ...
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ArticleShimano defies slowing demand with results above pre-Covid level
Triggered by the Russian invasion of Ukraine, global shortages in raw material and energy supply, as well as rising raw material prices, will have a direct impact on the business of Shimano Inc. Nevertheless, demand for bicycles and fishing tackle remained stable in the first three sales quarters of fiscal ...
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ArticleSurvey: Winter tourists shifting from slopes to hiking trails
According to a YouGov survey commissioned by German sportswear manufacturer Schöffel, winter travelers are making changes to their activities. Above all, increased cost of living and energy prices are changing winter vacations for many Germans this season. Of those surveyed, 87 percent expect winter vacations to become more expensive in ...
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ArticleOutdooractive becomes a founding member of the Tourism Tech Alliance (TTA)
Outdooractive, a pioneer of decentralized data collection, hierarchical data management and organized data distribution for more than 15 years, has joined Neusta DS, Infomax and Land in Sicht as a founding member of the Tourism Tech Alliance (TTA), an association of the leading technology companies in tourism. With the TTA, ...
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ArticleVista Outdoor’s CFO to leave the company
Vista Outdoor announced that Sudhanshu Priyadarshi, the company’s CFO, has decided to pursue another opportunity after two and a half years in his role and will step down from his position in November. Priyadarshi will continue to perform his duties until his departure, including the release of the company’s second ...
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ArticlePinarello’s good results accelerate further investments
Based on the good financial results of the 2021/22 fiscal year (ended June 30), Italy’s Cicli Pinarello s.r.l. is looking to a bright future. For the current fiscal year 2022/23, the road bike supplier is expecting a growth rate of between 25 and 30 percent – “still considering the limitation ...
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ArticleWeak bicycle market significantly hurts Mips sales and margin in Q3
High bicycle helmet inventories at retailers and production cuts at manufacturers are hurting the Swedish Brain Protection System (BPS) manufacturer Mips AB. Net sales fell 39 percent to SEK 113 million (€10.23m) in the third quarter. Organic growth fell by 50 percent. Bit fell 66 percent to SEK 37 million ...
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ArticleRussia's mass mobilization fuels demand for sports and outdoor products
The Russian market experienced a boom in demand for sporting and outdoor goods since Sept. 21, when the Russian president declared the first mass mobilization in the country since the second world war. The demand for military ammunition has sharply risen in Russia, and the price of sporting and outdoor ...
