All Camping articles – Page 26
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News briefsDometic acquires Front Runner
Dometic’s buying spree continues unabated: After Valterra in April and Enerdrive in May, the Swedish brand headquartered in Stockholm has now reached an agreement to acquire Front Runner Vehicle Outfitters, a provider of roof racks, cargo carriers, storage solutions and off-road accessories from South Africa that is particularly popular with ...
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News briefs
Germany’s coffee roaster Tchibo sells Mink campers online
Source: Mink Campers Mink 2.0 offroad caravan Two compact camping caravans have been on sale at Germany’s coffee roaster Tchibo since May 18. In addition to the KIP Shelter (€12,950) from the Netherlands, Tchibo is also offering the Mink 2.0 (€18,280) from Iceland. Mink Campers was founded ...
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News briefsDometic acquires Enerdrive
SOG member Dometic Group AB just announced the acquisition of Enerdrive, an Australian-based provider of mobile power products for the outdoor market, including solar power solutions, batteries and battery chargers. The acquisition of Enerdrive broadens Dometic’s offering and distribution network in the Pacific region and also increases the Swedish company’s ...
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News briefsYeti’s DTC exceeds 50% in Q1
Yeti, the U.S. brand of coolers, drinkware and other outdoor gear, reported a 260 percent increase in net income to $30.52 million from $8.48 million on sales up 42 percent to $247.55 million from $174.41 million in the first quarter. Wholesale and DTC improved on growth in the coolers and ...
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ArticleLockdown life drives demand growth for Johnson Outdoors in Q2
Pent-up demand from people stuck indoors during the Covid pandemic has helped Johnson Outdoors report a surge in second-quarter sales and profits. Total company net sales in the second quarter to April 2 rose 26 percent year on year to $206.2 million. Operating profit for the period rose to $36 ...
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News briefsGCI Outdoor sold to MacNeill Pride Group
Tennessee-based MacNeill Pride Group, a portfolio company of middle-market private equity firm Centre Partners from New York and a manufacturer of outdoor products and sporting goods under the ORCA, PrideSports, Champ, Pride Golf Tee and Professional Tee System brands, has acquired Connecticut-based GCI Outdoor (GCI). Terms of the transaction were ...
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News briefs
Hydro Flask expands into Latin American market
After launching in Uruguay in late 2019 and expanding into Mexico in early 2020, Hydro Flask is now also present in Argentina, Bolivia and Paraguay. The expansion in Latin America occurs via strategic relationships with Gubrand (Uruguay), Alta Vertical (Mexico), JMC Group (Argentina), NICX (Bolivia) and Optima SA (Paraguay). Key ...
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News briefsRab launches down collect and recycling program
As part of its long-term sustainability strategy, British outdoor brand Rab has recently started its own down collect and recycle scheme. The service is offered at Rab’s U.K. headquarters in Alfreton, Derbyshire, and launched in partnership with the Italian recycling down experts at Minardi Piume. Consumers are offered to bring ...
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News briefs
New global sales manager for Primus
Sofie Thorp Sofie Thorp is the new global sales manager for Swedish outdoor equipment supplier Primus, part of Fenix Outdoor AB. She succeeds Elena Sandnes, who is taking on new challenges after 6.5 years at Primus. The Solna-based brand has been producing products for outdoor cooking since ...
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News briefsNewell's sales surge 21%
Newell Brands’ revenues for the first quarter rose by 21.3 percent to $2.3 billion, with core sales increasing by 20.9 percent. Overall, every business unit and major region increased core sales compared with the year-ago quarter. The management said that 2021 is off to a great start, with double-digit growth, ...
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ArticleHelen of Troy reports strong Hydro Flask sales
Helen of Troy’s Houseware segment, which includes outdoor drinkware brand Hydro Flask, said revenues for its fourth fiscal quarter ended Feb. 28 increased by 12.1 percent to $162.5 million. This was driven by an organic business increase of 11.8 percent from the same quarter a year ago. There was a ...
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News briefsHeimplanet collaborates with U.S. electric car manufacturer
California-based Alpha Motor Corporation has just announced a collaboration with German tent brand Heimplanet to jointly develop mobility solutions based on a shared vision of a new culture of mobility - „mobility that resonates with people across generations through fun, modern, and sustainable solutions.” The collaboration is expected to further ...
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News briefs
Yeti launches augmented reality online shopping experience
U.S. cooler specialist Yeti and Vertebrae, a 3D and augmented reality (AR) retail solutions company, have unveiled a new immersive 3D and AR experience for online shoppers on Yeti’s U.S. website. Customers can place more than 50 virtual products in their own physical environment and view the products three-dimensionally to ...
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News briefs
Dometic reports growth in its first quarter
Dometic, the Swedish brand that was awarded the ”Fastest Growing Equipment Accessories Brand in the U.S. Outdoor Industry” by data analytics company NPD Group, has just released its Q1 financial report. The Stockholm-based company and the latest new member of the Scandinavian Outdoor Group (SOG) closed the quarter with a ...
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ArticleDometic acquires Valterra Products
Dometic, the Swedish brand that just joined the Scandinavian Outdoor Group (SOG), has reached an agreement to acquire Valterra Products, a North American provider of service and aftermarket products primarily for the RV (recreational vehicles) industry. The acquisition expands Dometic’s service and aftermarket position with new products, a broader distribution ...
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News briefsThule’s momentum continues through Q1
Everything is going well for Swedish Thule Group. In an interim report, it published sales for the first quarter that soared by 45.5 percent from the year-ago quarter to 2,538 million Swedish kronor (€250.7m-$301.6m) or by 56.0 percent in constant currencies. Net income jumped to SEK 447 million (€44.2m-$53.1m), from ...
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News briefs
Johnson Outdoors CEO ranked in Forbes’ World’s Billionaires List
Helen Johnson-Leipold, the chairwoman and CEO of Johnson Outdoors, took the 831st position in the 2021 Forbes’ World’s Billionaires List with a net worth of $3.6 billion, up from $3.3 billion in 2020. Johnson-Leipold has been running the company since 1999. She is also the chairwoman of the Johnson Financial ...
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ArticleFenix Outdoor unveils its 2021 goals
Fenix Outdoor International had a tough year in 2020 due to the pandemic and its store closures, with sales falling by 7.3 percent to €563.0 million. The operating margin (Ebit) contracted by 3.1 percentage points to 10.9 percent. Net profit declined by 44.6 percent to €33.9 million. But in its ...
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ArticleThule sets new sustainability targets
Thule Group achieved better-than-expected results in 2020 by riding the strong global bike trend that started in June. Sales rose by 11.2 percent from the previous year to 7,828 million Swedish kronor (€777.1m-$942.7m) or 13.1 percent in constant currencies. In its annual report, the Swedish company attributed these results to ...
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News briefsCotopaxi plans to become climate neutral in 2021 and use responsible materials only
Cotopaxi, the U.S.-based outdoor gear and apparel brand and charitable organization, has released its annual Impact Report with reference to the Global Reporting Initiative. The report aims to provide balanced and quantified information about the brand’s holistic corporate social responsibility performance and donations through the Cotopaxi Foundation. The report highlights ...
