All Coronavirus articles – Page 27
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News briefs
A boom in e-commerce for Kathmandu
Kathmandu, the new owner of Oboz and Rip Curl, said its sales over the internet jumped by between 250 and 300 percent in April because of the coronavirus lockdowns, with the domestic Australian market growing the most. Only two of its 327 stores are now closed, and the company says ...
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Article
Store closures weigh on Johnson Outdoors’ sales and profits
Johnson Outdoors’ earnings for its second fiscal quarter, ended on March 27, declined by 7 percent from the year-ago period to $20.4 million. In response to the Covid-19 crisis, the group has cut travel and non-essential spending, deferred capital expenditures and scaled operations down to match demand. Johnson’s total revenues ...
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Article
Ortovox launches interactive, digital safety lab platform
In close cooperation with the Verband Deutscher Berg- und Skiführer (VDBS – German mountain and ski guide association), and its numerous professional mountain guides and athletes, the German brand Ortovox has launched an interactive multimedia training platform called “Safety Academy Lab Ice.“ The program, part of the brand’s Safety Academy, ...
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News briefs
EFTTA postpones European Fishing Tackle Trade Exhibition
The board of directors of the European Fishing Tackle Trade Association (EFTTA) have decided to postpone EFTTEX 2020, originally scheduled June 11-13 in Prague, Czech Republic, due to the Covid-19 pandemic. Olivier Portrat, chief executive of the EFTTA, said that Prague has been confirmed as the host city for the ...
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Article
Digital presentation of Oberalp’s summer 2021 highlights and sustainability report 2019
The Oberalp Group will present the summer 2021 highlights of its Salewa, Dynafit, Wild Country, Evolv and Pomoca brands live and internationally with simultaneous translations on the Internet on May 20 at 17:00 CET. The mountain sports company with headquarters in South Tyrol, Italy, is reacting to the current restrictions ...
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News briefs
Sherpa and tentree Europe change order windows
Source: Bradshaw Taylor Wolfgang Jahn, European sales manager, Sherpa and tentree After reviewing all internal processes during the shutdown, Sherpa and tentree Europe will adjust their order periods in order to optimize the collaboration with their retailers. According to Sherpa’s and tentree’s European sales manager Wolfgang Jahn, ...
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News briefs
Pyua upcycles fabric leftovers to antibacterial face masks
The German brand Pyua, known for sustainable functional clothing and closed recycling cycles, is now producing face masks from remnants of functional fabrics for midlayers that are normally thrown away. The masks offer clear advantages over conventional cotton or polyester masks: they do not absorb moisture, dry quickly, and the ...
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News briefs
TNF opens Covid-19 Explore Fund in the UK, Germany, France and Italy
The North Face (TNF) has opened the application process for its Covid-19 Explore Fund. With the new fund worth €1 million, the outdoor brand wants to provide critical financial support to people and organizations that make adventure possible, such as mountain guides and climbing coaches, or urban climbing gyms and ...
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News briefs
Global Fjällräven Classic affected by Covid-19
Swedish outdoor brand Fjällräven announced that it had to cancel its 2020 Fjällräven Classic trekking events in Germany, Denmark, UK, Sweden, USA and China due to the ongoing Covid-19 crisis. The event series started with one 110km-long trek across Swedish Lapland in 2005. Nine years later, it expanded to Denmark, ...
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News briefs
VF Corp. brands support OIA and its small business members
Several VF Corp. brands, including The North Face, Timberland, Icebreaker, Smartwool, Eagle Creek and Altra, will donate 15 percent of their Outdoor Retailer Summer Market refunds to the U.S. Outdoor Industry Association (OIA). The funds are to support OIA’s small business members by providing the necessary tools, resources, and advocacy ...
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News briefs
Eurobike 2020 postponed to November and trade only
As Germany has a ban on major events until Aug. 29, logistics will preclude opening the Eurobike show on schedule to run Sept. 2-5. Instead, there will be a one-off Eurobike Special show – a “pure B2B concept,” not open to the public – on Nov. 24-26. A videoconference on ...
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News briefs
Dakine closes Hood River office
Citing the “significant pressure and the financial and operational impacts” caused by the Covid-19 pandemic on Dakine’s business, Marquee Brands said it has decided to close down its Hood River headquarters in Oregon and to move its remaining operations to the office of JR286 in Torrance, California. The move will ...
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News briefs
Clarus cancels case maker takeover, replaces dividend with shares
Clarus Corp., the American holding company of Black Diamond Equipment and other operations, said it has cancelled its planned acquisition of an American case maker, SKB, by mutual agreement with the sellers as a result of the uncertainties created by the coronavirus pandemic. Clarus would have had to pay $85 ...
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News briefs
XXL reduces staff
XXL announced on May 5 that it has decided to initiate a process to reduce the workforce at its headquarters in Norway by around 25, about 20 percent of the employees. Formal procedures for potential dismissals are about to be launched in Sweden and Finland. The Nordic sporting goods retailer’s ...
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News briefs
Wolverine issues notes
Like other U.S. companies in our sector and others, Wolverine Worldwide is resorting to a bond offering to help raise more cash as security against the impact of Covid-19. The company announced on May 6 that it is offering $300 million worth of senior notes with a yield of more ...
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Article
Sporting goods suppliers face long-term coronavirus effects
The current coronavirus pandemic is having a major impact on the suppliers of sporting goods, particularly in terms of orders, material shortages and cash. Reports from China, Vietnam, Cambodia, Indonesia, Bangladesh, Myanmar and other major sources indicate that many of them are resorting to massive layoffs or facing labor shortages ...
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News briefs
Ortovox delays delivery of winter and summer collections
Ortovox has taken a number of measures to support its retailers. The collection for next summer will be reduced in size, a move similar to that which Salewa, Dynafit and La Sportiva had announced earlier. Ortovox wants to reduce the pressure on retailers by increasing the proportion of carry-overs to ...
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News briefs
“Click & collect” drive-in services offered by Intersport and Decathlon
Both Intersport and Decathlon have set up a form of “drive-in click and collect” service in France. Customers place their order online and collect the merchandise in the parking lot of their local store, receiving it directly at their car with maximum distancing. Intersport, which reopened its e-commerce website and ...
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News briefs
Garmont donates footwear
The U.S. division of Garmont is donating 1,000 pairs of tactical boots to first responders in the state of New York. The donation is part of the Italian footwear brand’s #StayWild #HopeWild social good initiative, which itself began with the donation of a special Tikal Tricolore shoe to the Protezione ...
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News briefs
VF Corp. extends pay for its retail and distribution staff
VF Corp. is extending “full pay and benefits” through May 30 to all its retail staff in the U.S., Canada and Mexico and “increasing pay through July” for staff at its distribution cetners in the U.S. and Canada. The company is also preparing to reopen its North American offices and ...