All General Outdoor articles – Page 137
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News briefsVista Outdoor forms corporate foundation to promote conservation
Vista Outdoor has launched the Vista Outdoor Foundation with an accompanying $3 million initial contribution. The new foundation is intended to partner with nonprofit organizations that support conservation, access to nature and other causes that align with Vista Outdoor’s visions. Funding requests will be considered from potential nonprofit partners that ...
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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 briefsChanges in the sales strategy at Fjällräven Germany
As part of Fjällräven Germany’s new sales strategy, which was already initiated in the second half of 2019, sales have now been divided into the two areas of strategic accounts and field sales in order to maintain greater market and customer proximity. Andreas Kost was named head of field sales ...
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News briefsRip Curl CEO steps up to lead Kathmandu Group
Australia-based Kathmandu Holdings has appointed the CEO of the Rip Curl brand, Michael Daly, to head the group, which includes the Kathmandu, Rip Curl and Oboz brands. Daly replaces former CEO and managing director Xavier Simonet, who left the company on April 9 to take the helm at the Australian ...
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News briefs
Adidas Terrex tests rental service in France
Adidas is testing a new rental program for products of its dedicated outdoor division. Customers can choose footwear and apparel from around 40 products for men and women via the online platform location.adidas.fr. The products can be rented for a set amount of time, with pricing based on the duration. ...
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News briefsGregory’s backpacks outperform Samsonite’s results in Q1
Gregory had by far the best performance in the first quarter within the Samsonite International group, whose luggage business has been deeply affected by the travel and retail restrictions imposed by the Covid-19 outbreak. The brand of technical backpacks and hydration gear booked sales of $15.8 million in the period ...
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News briefs
Jack Wolfskin and Polartec continue long-standing partnership
Source: Jack Wolfskin Jack Wolfskin Blizzard with Polartec Windbloc Jack Wolfskin and Polartec are both celebrating a company anniversary this year: Jack Wolfskin is turning 40 and Polartec developed the fleece material 40 years ago. At the same time, the two companies are celebrating 33 years of ...
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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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News briefsHelly Hansen maintains sales momentum, Canadian Tire’s e-commerce soars
Helly Hansen’s revenues for the first quarter ended April 3 increased by 12.2 percent to 136.3 million Canadian dollars (€92.8m-$112.1), growing at the roughly same pace as in the fourth quarter of 2020 despite continuing store closures and restrictions on store operations because of the Covid-19 pandemic. Canadian Tire, which ...
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ArticleOberalp Group will present new collections and behavioral study at Virtual Convention on May 18
Vienna-based international behavioral research institute Karmasin Behavioural Insights conducted a wide-ranging study for the Oberalp Group in Germany, Austria and Switzerland to examine the rising outdoor trend in the wake of the Covid-19 pandemic. The institute surveyed a total of nearly 900 participants on the topic of “My first experience ...
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ArticleJack Wolfskin recovers from pandemic faster than expected, online sales up 108%
Callaway Golf Co. saw revenues in the first quarter soar by 47.3 percent as compared to the year earlier to $651.6 million, amid “unprecedented” demand for its golf equipment and a faster-than-expected recovery from the Covid-19 pandemic for Jack Wolfskin and the rest of its softgoods businesses and the recently ...
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ArticleClarus raises full-year guidance after Q1 sales jump
Clarus Corp, the parent company of Black Diamond and Pieps, raised its sales and adjusted Ebitda guidance for the full year, after posting a top line of $75.3 million in the first quarter, up by 41 percent on a reported basis and 39 percent higher at constant currencies. Excluding Barnes ...
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News briefsDevold’s sheep farmer recognized for wool quality
For the second year in a row, Glenmore Station – one of Devold of Norway’s wool suppliers – was named Grand Champion in the prestigious “Fleece” competition at the Wanaka Agricultural Show held last month in New Zealand. Scoring 99 out of a possible 100 points for its “Merino Ram ...
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ArticleAuthentic Brands Group and SPARC to acquire Eddie Bauer
Authentic Brands Group (ABG), a New York City-based global brand owner, marketing and entertainment group, and SPARC Group, a global full-service retail operator, today announced a definitive agreement to acquire U.S. outdoor lifestyle brand Eddie Bauer from PSEB Group, an operating company owned by private equity investment firm Golden Gate ...
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ArticleA.S. Adventure Group becomes Yonderland as it completes its refinancing
The A.S. Adventure Group is changing its name to Yonderland as it completes a financial reorganization under which its bank lenders have acquired a minority stake in the company. In addition to rescheduling its debt, it will also receive a capital injection of €25 million to support its growth strategy ...
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ArticleVista Outdoor Q4 sales rise 40%
Vista Outdoor reported sales of $597 million in the fourth quarter ended March 31. That is up 40 percent year-over-year and well above the guidance of $510 million to $530 million given at the time of the third-quarter results. Sales growth was attributed to strong demand across both Vista’s shooting ...
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News briefsAdidas grows by almost 60% in the outdoor segment
Adidas’ sales of outdoor products increased by nearly 60 percent in the first quarter of 2021 thanks to the new Terrex collection for fast trail running. Running and training were up by about 20 percent and more than 30 percent, respectively. Excluding Reebok, which is up for sale, Adidas’ sales ...
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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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ArticleGoPro revenue up 71 percent thanks to subscriptions and high-end cameras
In the wake of the company’s shift to direct sales and an added focus on subscriptions, GoPro Inc. reported a reduced loss of $10 million in the first quarter ended March 31 (compared to a loss of $64m one year ago), while revenue rose 71 percent to $204m. Adjusted earnings ...
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News briefs
Scarpa renews its support to the Giro d’Italia, with an eye on sustainability
Scarpa will be an official supplier of the Giro d’Italia for the second consecutive year. The 2021 edition of the iconic bicycle race, organized for the first time in 1909, will start on Saturday, May 8 in Turin. Scarpa will provide the event’s staff with a limited edition of its ...
