All Canoe & kayak articles – Page 2
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ArticleAnnual US Outdoor Adventures Industry survey released
Outdoor Adventures Connection, a US-based platform dedicated to connecting adventure seekers with outdoor experiences, released the findings of its annual Outdoor Adventures Industry Survey. The report, which encompasses data from across the US, assesses current trends, challenges, and opportunities within the outdoor adventure sector and offers valuable ...
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ArticleGarmin reports strong Q4 results, guides to 10 percent revenue growth in FY24
Fueled by double-digit gains in both net sales and operating income, Garmin reported strong Q4 results and offered guidance on FY24, where it sees total sales improving by 10 percent to $5.75 billion but overall gross margin contracting by 100 basis points to 56.5 percent. In Q4 ended Dec. ...
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News briefsE-motor upgrade for Oru kayaks
Oru Kayak, the original origami kayak brand now owned by Solo Brands, has presented the latest upgrade to its foldable fleet of kayaks: Electric motors. Developed in partnership with California-based Bixpy Motors, Oru’s e-propulsion system offers paddlers a unique electric-assist kayak in a lightweight package that is portable and easy ...
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News briefsSolo Brands with executive additions
Texas-based Solo Brands, Inc., the parent company of the Solo Stove, Chubbies, Oru Kayak, Isle and Icy Breeze brands, announced two leadership appointments: Laura Coffey as Chief Financial Officer and Michael McGoohan to the newly created position of Chief Growth Officer and Executive Vice President, effective immediately. Coffey will lead ...
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News briefsJohnson Outdoors reports soft Q1 on low demand
High retail inventory levels and soft consumer demand contributed to poor Q1 results at Johnson Outdoors. Operating profit slid 99 percent to $46,000 from $5.5 million, and net income was down by 33 percent to nearly $4.0 million from $5.9 million. The group was able to improve overall gross margin ...
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News briefsMustang Survival and Wing Group with new leadership
Source: Mustang Survival Kenny Ballard Outdoor industry professional Kenny Ballard has been named the new president of Mustang Survival, a Canadian company designing and manufacturing lifesaving solutions for angling, sailing, paddling and boating since 1967. Ballard takes over from Juanita Killen, who assumed the role of interim ...
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ArticleSolo Brands updates FY 2023 guidance, announces leadership change
Solo Brands, Inc., the parent company of the Solo Stove, Chubbies, Oru Kayak, Isle and Icy Breeze brands, announced the appointment of Christopher T. Metz as its new President, Chief Executive Officer and Director of the Board, effective Jan. 15, 2024. Metz succeeds John Merris, who will be stepping down ...
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ArticleOIA to co-publish Outdoors For All manifesto
The British Outdoor Industries Association (OIA) has announced the publication of the “Outdoors For All” manifesto, jointly produced by the OIA and 35 other national governing bodies and environmental organizations, including British Cycling, National Trails UK and BMC. The initiative is committed to increasing responsible access to ...
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News briefsVista Outdoor announces license renewal for Jimmy Styks
Vista Outdoor and water sports products manufacturer Sport Dimension have announced the renewal of their Jimmy Styks brand license with a global, multi-year partnership. Jimmy Styks, founded in 2013, specializes in stand-up paddleboards (SUP) and SUP accessories. Vista Outdoor acquired Jimmy Styks in 2015 and began a brand license partnership ...
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ArticleJohnson Outdoors sees return to pre-pandemic order seasonality
Johnson Outdoors reported a Q4 operating loss of $22.6 million against a profit of $13.3 million for the three months ended Sep. 29, as three of the group’s operating segments generated lower year-over-year sales. The Q4 net loss was $16.0 million against a profit of $9.7 million as total sales ...
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News briefsHummel and British Canoeing ink multiyear deal
Hummel has agreed a five-year deal with British Canoeing, a national governing body for canoeing in the UK. The agreement, which builds on three years of collaboration, will see Hummel remain the official teamwear partner to all forms of paddlesport. Hummer will supply technical and sportswear garments to all of ...
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ArticleSOG gains importance after the pandemic: “What we do generates interest”
Source: SOG David Nordblad In the wake of the pandemic, David Nordblad started in the role of Secretary General for the Scandinavian Outdoor Group (SOG). Since then, he has been occupied with various responsibilities, and he notes a sustained interest in joining the organization. In fact, SOG ...
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News briefsSolo Brands reiterates FY guidances; Q3 net bolstered by tax benefit
Solo Brands, helped by a nearly $6.2 million tax benefit, reported net income of $4.1 million versus a loss of $2.2 million in Q3 ended Sep. 30. The operating loss for the period improved by 60 percent to a loss of $1,325,000 versus $3,285,000 in the year-ago period. A mix ...
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News briefsSolo Brands announces CFO change
Solo Brands, Inc., the owner of the Solo Stove, Chubbies, Oru Kayak, Isle and Icy Breeze brands, announced that Somer Webb, Chief Financial Officer, has notified the company of her intent to pursue other opportunities. Webb will remain with the company until Dec. 10, 2023. She started her position at ...
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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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ArticleU.S. action sports show Surf Expo will feature select outdoor product segments
Trade shows around the world continue to look for ways to redefine themselves or strengthen their presence in the order market, which is increasingly dominated by digital or exclusive events. The latest example is Florida’s Surf Expo, a three-day action sports trade show in Orlando produced by Emerald X, the ...
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ArticleOutDoor by ISPO provided community and inspiration again in 2023
Three days, over 650 exhibitors and satisfying visitor numbers. OutDoor by ISPO 2023 is over and has been hailed as a success. Now in its second year at the MOC Event and Order Center, the mood was once again that of a community coming together, whether that be for business ...
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ArticleAirMarker Balloon: A new innovative mountain rescue device from Switzerland
AirMarker, a start-up from Switzerland, has unveiled the AirMarkers R.One, the world’s first balloon rescue system – a portable, ultra-light signal balloon. The system speeds up the search process for accident victims or missing persons and represents a new category of its own in the outdoor market. The AirMarker system ...
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ArticleFirst 11 candidates for the French Outdoor Awards 2024 announced
The first entrants who stand a chance of winning the French Outdoor Awards 2024, organized by the french trade association, the Outdoor Sports Valley (OSV), have been selected. Eleven products have been chosen, in this the first of three rounds. Two more test sessions will follow in the course of ...
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News briefsJohnson Outdoors expands board of directors
Johnson Outdoors, the U.S. parent company of a portfolio of fishing, diving, camping and watercraft brands, including Jetboil, Old Town, Eureka! and Ocean Kayak, announced the appointment of Jeffrey M. Stutz, chief financial officer at MillerKnoll, Inc., as an independent director of the company, effective May 23. Stutz joins the ...
