All General Outdoor articles – Page 20
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ArticleMerrell works on innovation with parent in throes of turnaround
Wolverine Worldwide boosts its FY24 outlook as Merrell drives growth with innovative trail styles – despite overall Q2 challenges.
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ArticleYeti raises FY guidance after strong Q2
Yeti’s strong Q2 results and raised FY24 outlook signal continued growth, driven by revenue gains, expanding international presence and new partnerships.
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News briefsSolo Brands lowers FY guidance citing ‘challenging’ environment
The parent company of Solo Stove and others faced significant challenges in Q2, impacting both income and sales.
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ArticleGoPro vows to slash expenses, become profitable in 2025
Despite a challenging H1, the action cam company aims for profitability in 2025 through cost reductions and diversification. Q2 saw a 23% revenue decline but growth in subscriptions.
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ArticleVista Outdoor operating income dips 12 percent in Q1
The group’s Q1 sales met expectations, but profits exceeded forecasts despite a 12% drop in operating income. Sales fell by 7.1%, yet gross margin improved.
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ArticleTNF parent records lower than expected sales decline in Q1
VF Corp. is especially optimistic about Vans’ recovery, led by EMEA’s wholesale success. The North Face sales dipped 2%.
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ArticleJohnson Outdoors’ results hurt by lower sales, promotional investments
The American outdoor equipment manufacturer reported an operating loss and an 89% drop in net profit for the third quarter, with sales down 7.8%.
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ArticlePolitical unrest in Bangladesh leads to setbacks for garment industry
Political turmoil has caused severe disruption in the country’s textile industry and jeopardizes the confidence of international buyers.
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News briefsThredUp launches AI-powered shopping tools
The California-based resale platform uses AI-driven tools to enhance shopping, offering personalized search, image-based item discovery and style chat for a more efficient fashion experience.
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News briefsThredUp publishes annual Impact Report and reports $322m in revenue
The California-based resale platform’s third annual report highlights key sustainability efforts in 2023, such as reselling 2.2 million secondhand items and planting 800 trees.
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News briefsNational Outdoor Expo and National Cycling Show to be combined in 2025
In 2025, the National Outdoor Expo and the National Cycling Show will be held together at the NEC in Birmingham to offer visitors an even more comprehensive and enriching experience.
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ArticleCoDi with strong growth in Boa and PrimaLoft sales amid inventory recovery
Compass Diversified’s branded consumer brands saw significant revenue growth in Q2, driven by destocking recovery and strong European performance, despite setbacks from the Crosman airgun company divestiture in April.
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OpinionThe churn is the concern. Is the answer as simple as this?
My most frequently asked opinion around the textile industry is what to do as individual consumers want to reduce their footprint. Their real question is which brand is best to patronize if something new has to be bought. This is a valid question, as without profit coming into the industry, ...
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ArticleEuropean Week of Sport: IGOT, OUTO, FESI and EOG team up to repurpose unused equipment
As part of the European Week of Sport 2024 (Sept. 23-20), the It’s Great Out There Coalition, Opening Up The Outdoors, FESI and EOG are calling for companies to donate products to be handed out to clubs.
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ArticleUS Outdoor Industry Association releases 2024 Benchmarking Report
The report shows that the typical company had sales of $9.70 million and a pre-tax profit of 11.9%. The typical high-profit company’s revenue was approximately $6.77 million, profit 18.5%.
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ArticleGarmin adjusts FY guidance
Sales in the Outdoor segment fell by almost 2 percent due to lower sales of its adventure watches, but Garmin still achieved overall operating income growth of 20 percent with a 14 percent total revenue expansion.
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ArticleEarth Overshoot Day 2024: Yet another day earlier
In 2024, humanity’s demand for ecological resources and services will already exceed what the earth can regenerate on Aug. 1. This early date underlines the growing urgency to change our unsustainable consumer behavior.
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News briefsRocky Brands lifts Q2 operating income
The Ohio-based maker of outdoor and work footwear, apparel and accessories improved its Q2 operating income by 104 percent thanks to a more diversified portfolio and cost-saving initiatives.
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News briefsCarbios partners with Nouvelle Fibres Textiles on PET biorecycling project
The French companies have joined forces to tackle the problem of polyester textile product waste.
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ArticleVista to review strategic alternatives, shareholder meeting postponed
The Board of Directors of Vista Outdoor wants to examine strategic alternatives for the future of Revelyst and The Konetic Group – and is postponing the shareholders’ meeting once again.
