All Camping articles – Page 9
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ArticleLargest SSU shareholder cancels equity commitment
Shortly after deciding to delist from the NYSE, Signa Sports United (SSU) announced that it had received a termination notice regarding the unconditional equity commitment letter from Signa Holding GmbH, a privately held Austrian real estate and retail company and a subsidiary of the company’s largest shareholder, Munich-based Signa International ...
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ArticleVista Outdoor divests Sporting Products business for $1.91bn
Vista Outdoor has agreed to sell its Sporting Products business to Czechoslovak Group a.s. (CSG) for an enterprise value of $1.91 billion. The transaction is subject to customary closing conditions. This transaction is the next step in Vista Outdoor’s plan to split the business into separate entities, previously announced on ...
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News briefsClarus acquires another Australian overlanding brand
Clarus Corporation, the parent company of Black Diamond, Rhino-Rack, Maxtrax, Sierra and Barnes, has invested in another company in the vehicle-based outdoor adventure / overlanding sector. The Utah-based company today announced the acquisition of Australia-based TRED Outdoors Pty Ltd. from Venlo Holdings. TRED is a fast-growing outdoor adventure brand that ...
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ArticleVista Outdoor unveils name for outdoor products segment
Having already announced the new name of its Sporting Products segment (The Kinetic Group) last August, Vista Outdoor Inc. has now revealed the name and identity of its Outdoor Products segment following the planned separation of the group: Revelyst, Inc. The new Outdoor Products company will trade on the New ...
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ArticleAccelerated travel demand boosts Osprey sales in Q2
After citing Osprey’s recent strong performances in Great Britain and Germany, parent Helen of Troy says the outdoor brand should generate additional sales growth in H2 on demand for its core backpack and in the adjacent on-trend travel packs. Osprey, thanks to accelerated travel demand and an improved year-over-year inventory ...
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News briefsDeuter’s repair service embarks on third German Promise Tour
In October and November 2023, backpack and sleeping bag specialist Deuter will repair used and aging Deuter backpacks, sleeping bags or accessories at selected retailers in Freiburg, Gersthofen, Garmisch-Partenkirchen and Munich, Germany, and provide information about its sustainability strategies. Usually, the products are sent to the company headquarters in Gersthofen ...
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ArticleSSU delists from NYSE, new CEO
After assuming earlier this year that the worst of the market disruptions were over, Signa Sports United N.V. (SSU), the Berlin-based sports e-commerce specialist, has now announced an acceleration of its strategic realignment and performance improvement program. Ahead of putting its Q3 numbers on the table, the company is ...
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News briefsCascade Design appoints new VP of HR
Cascade Designs, the parent company of MSR, Therm-a-Rest, Platypus, SealLine, PackTowl and Varilite, has hired Minor Harris as its new vice president of human resources. Harris will be based in the brand’s Reno, Nevada office and will be responsible for the company’s human resources and culture strategy. He has more ...
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News briefsPelican appoints new CEO
Source: Pelican Products James “JC” Curleigh, new CEO Pelican Products, a U.S.-based manufacturer of rugged, mission-critical protective cases, coolers, outdoor accessories and temperature-controlled packaging, announced the appointment of James “JC” Curleigh as the company’s new Chief Executive Officer. He succeeds Phil Gyori, who has led the company ...
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ArticleThe final program of EOS 2023 in Berlin
The European Outdoor Summit (EOS) is held annually for around 300 delegates to learn more about and discuss the issues that we, as an industry, collectively face. The topics are always related to industry needs and focus on current and future economic, technical and social trends, to develop a theme ...
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News briefsHelinox signs SME Climate Commitment
Helinox, the South Korean maker of lightweight, packable outdoor furniture, has continued its efforts in sustainable business practices by taking an important pledge as part of the United Nations’ global Race to Zero campaign. The brand has joined the SME (small to medium sized enterprise) Climate Commitment and will integrate ...
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News briefsCotopaxi strengthens sales team for next phase of strategic growth under new CEO
Utah-based adventure lifestyle B Corp Cotopaxi has hired two sales veterans to lead its wholesale sales team, signaling an investment in the brand’s growth under the new CEO Damien Huang. Jody Carlson, Vice President of Global Wholesale, and Kari Larsen, Director of North American Wholesale, joined the team in August ...
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ArticleVista Outdoor announces public filing to spin off its outdoor product brands
Vista Outdoor Inc., the parent company of 41 sports and outdoor brands, filed a public registration statement on Form 10 with the Securities and Exchange Commission (SEC) on Sept. 5, 2023, in connection with its previously announced plan to separate its Outdoor Products and Sporting Products segments into two independent, ...
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News briefsThule opens pop-up in Taipei with Hong Kong artist Shawn Yue
In late August, Thule announced the opening of its pop-up store in Taipei’s vibrant Xinyi District. It is located in A13, Far East Departure Store, a prime department store in Taiwan, similar to Galerie Layette in Paris. The temporary store opened on Aug. 25 and will operate until Sept. 17, ...
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News briefsAmerican gear and accessories brand latest to join EOG
US-based outdoor gear and accessories brand Nemo has joined the European Outdoor Group (EOG). According to the brand, the partnership aligns with Nemo’s goal of reducing negative environmental impacts and leveraging education and partnerships to further its mission of making adventure possible anywhere, for anyone, forever. “As Nemo continues to ...
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News briefsFormer CEO of Oase Outdoors returns to role
Henrik Arens, Chairman of the Board and founder of camping equipment manufacturer Oase Outdoors, has returned to his role of CEO of the company. Arens co-founded the company, and subsequently worked for many years as its CEO, handing over the role to Henrik Bernth in August 2022. Arens is taking ...
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ArticleSolo Brands lifts Ebitda margin as Q2 wholesale revenues soar
Solo Brands lifted its annual Ebitda margin target after a strong rise in second-quarter earnings and wholesale revenues. The owner of four lifestyle brands said wholesale revenues increased 57 percent to $31.3 million in the three months to June 30, compared to $19.9 million a year ago. Direct-to-consumer sales fell ...
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News briefsJohnson Outdoors’ Q3 operating income falls by 27 percent
Johnson Outdoors’ total revenues declined by 8 percent to $187.0 million from $203.8 million for the U.S. parent company of a portfolio of fishing, diving, camping and watercraft brands, including Jetboil, Old Town, Eureka! and Ocean Kayak as operating income slid 27 percent to $17.4 million from $23.8 million. Ebit ...
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News briefsSea to Summit partners with Downlite
Australian adventure gear brand Sea to Summit has named Downlite as its premium down supplier for the company’s down sleeping bag line. Sea to Summit is managed and co-owned by outdoor enthusiasts and explorers Roland Tyson and Penny Sanderson. The brand was founded by Tyson in 1991. After Sanderson joined ...
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ArticleColumbia cuts outlook as net falls 17% in Q2
Bloated inventories and challenging market conditions in the U.S. are forcing Columbia Sportswear to take a “more conservative” stance on its H2 and full-year results despite explosive year-over-year Q2 sales growth in China and in its lower-margin international distributor businesses. Saddled with a 21 percent year-over-year increase in Q2 ...
