All General Outdoor articles – Page 44

  • hanson-lu-Q36BvLGdOAg-unsplash
    News briefs

    China aims to build €385bn outdoor sports industry by 2025

    2023-10-31T07:48:00Z

    According to the government news agency Xinhua, China aims to develop outdoor sports into an industry worth 3 trillion yuan renminbi (€386 billion) by 2025, according to a government action plan released last week. The action plan, which covers the period from 2023 to 2025, aims to boost the construction ...

  • signa-spouni-logo-cmy-color-pos-1-1
    News briefs

    SSU files for insolvency

    2023-10-28T09:58:00Z

    Sports e-commerce company Signa Sports United (SSU), controlled by Austrian investor René Benko’s Signa Holding, has filed for insolvency. The Bielefeld District Court, where the application was filed, appointed Munich-based lawyer Christian Gerloff as insolvency administrator. The German business newspaper Handelsblatt was the first to report the insolvency filing, which ...

  • Newell_Brands_logo
    News briefs

    Newell Brands reports quarterly loss for Outdoor & Rec business

    2023-10-28T07:42:00Z

    The third quarter operating loss in Newell Brands’ Outdoor & Recreation segment, which includes Coleman and CampingGaz, was $42 million against a profit of $6 million for the three months ended Sept. 30. The results include a non-cash impairment charge of $22 million. The normalized operating loss was $7 million ...

  • Deckers
    Article

    Deckers raises full-year guidance again on continued strength of Hoka, plans to divest Sanuk

    2023-10-28T07:41:00Z

    Bolstered by sales contribution from its Ugg brand and continued momentum in its Hoka business, Deckers Brands generated a 76 percent increase in Q2 operating income to $224.6 million on nearly 25 percent total net sales growth to $1.09 billion for the three months ended Sept. 30. Net income was ...

  • Globetrotter-Store_Foto
    News briefs

    Globetrotter partners with German bicycle retailer

    2023-10-27T10:36:00Z

    Two German branches of the outdoor retailer Globetrotter are to cooperate with German omni-channel bicycle retailer B.O.C. From spring 2024, the Globetrotter branches in Stuttgart and Dresden will include sales areas with products from B.O.C.’s range. In Stuttgart, B.O.C. will move into the basement of Globetrotter, while in Dresden, B.O.C. ...

  • Columbia Sportswear Company
    Article

    Columbia lowers FY23 outlook, braces for challenging Spring ’24

    2023-10-27T07:04:00Z

    Columbia Sportswear, despite making strides in its ongoing inventory reduction program and improving its quarterly gross margin by 70 basis points to 48.7 percent, reported a 7 percent decline in Q3 net income to $103.5 million from $111.8 million for the period ended Sep. 30. Period operating income was also ...

  • polygiene_logo_general_formindfulliving_horisontal_rgb_pos_670869
    News briefs

    Polygiene with operating loss in Q3 due to lower sales

    2023-10-26T15:46:00Z

    Despite a 30 percent decline in third-quarter revenues to 28.7 million Swedish kroner (€2.4m) and a corresponding operating loss of SEK 2.4 million, Polygiene is optimistic about Q4 results as early orders have exceeded expectations. The group, which said Q3 results showed signs of a slow recovery, has shifted its ...

  • ortlieb_care_bag_
    News briefs

    Ortlieb has a new solution for reducing waste

    2023-10-26T15:12:00Z

    To reduce off-cut waste, German company Ortlieb is now expanding what it has called a successful pilot project. Its Care-Bags – unique shoulder bags made from outdoor or cycling bags with errors in the production process that would otherwise have been discarded – are now available from the brand’s website ...

  • Solo
    News briefs

    Solo Brands announces CFO change

    2023-10-26T15:12:00Z

    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 ...

  • Carbios_Logo
    News briefs

    Carbios strengthens its leadership team

    2023-10-26T07:18:00Z

    Source: Carbios Bénédicte Garbil French biotech firm Carbios has announced the appointment of Bénédicte Garbil as Senior Vice President of Corporate Affairs and Sustainability. She also joins the group’s executive committee. Garbil began her career as a public affairs advisor at the French Federation of Healthcare Industries ...

  • gruener-knopf-Logo
    Article

    Deuter receives “Green Button 2.0” certification

    2023-10-26T06:58:00Z

    Among other measures, backpack and sleeping bag expert Deuter from Germany has been effectively and sustainably implementing the environmental and social standards of the “Grüner Knopf” (Green Button) directly and along the value chains since 2021 as part of its responsible business practices. Now, the company has gone through another ...

  • Internetstores_Logo
    News briefs

    ​Internetstores GmbH files for insolvency

    2023-10-25T05:47:00Z

    Stuttgart-based Internetstores GmbH, which includes the bike and outdoor online shops Fahrrad.de, Bikester, Campz and Addnature, filed for insolvency at the Stuttgart District Court on Monday afternoon. The company is part of Signa Sports United (SSU), the sporting goods division of the Signa Group founded by Austrian investor René Benko. ...

  • Revelyst
    News briefs

    Vista Outdoor appoints General Counsel for Revelyst

    2023-10-23T15:10:00Z

    Source: Vista Outdoor Jung Choi Vista Outdoor announced that Jung Choi will serve as General Counsel and Corporate Secretary for Revelyst following the planned spin-off of Vista’s Outdoor Products segment into a separate public company. Her appointment will be effective Oct. 23. Until the spin-off is completed, ...

  • HeiQ_AeoniQ_joins_Canopy
    News briefs

    HeiQ AeoniQ joins Canopy initiative

    2023-10-23T11:05:00Z

    HeiQ AeoniQ has become an active brand partner of the Canopy initiative, which addresses the climate and biodiversity crises by committing to keep ancient and endangered forests out of the man-made cellulosic fiber supply chain. HeiQ AeoniQ is HeiQ’s key initiative to support textile brands and mills to achieve their ...

  • Tennis Point
    Article

    Wave of insolvencies at SSU seems unleashed

    2023-10-20T15:57:00Z

    While Signa Sports United (SSU) offshoot Internetstores GmbH (Addnature, Bikester, Brügelmann, Campz, Fahrrad.de, Probikeshop) is said to have informed its suppliers of impending insolvency in self-administration and British affiliate WiggleCRC is believed to have done the same in its home country, German Tennis-Point GmbH has already filed for insolvency on ...

  • Keegan_Andrew_Horizontal
    News briefs

    Vista Outdoor announces CFO for Revelyst

    2023-10-20T15:50:00Z

    Source: Vista Outdoor Andy Keegan Previously considered a plan, it’s now official: Andy Keegan, currently Vista Outdoor’s vice president and interim CFO, will serve as Revelyst’s CFO following the planned spin-off of Vista Outdoor’s Outdoor Products segment into a separate public company. Keegan will continue to serve ...

  • RevolutionRace_logo
    News briefs

    Pernilla Nyrensten declines re-election to RVRC’s board

    2023-10-20T11:29:00Z

    Source: RVRC Pernilla Nyrensten In a press release accompanying its proposal for the composition of Revolution Race’s (RVRC) Board of Directors for the next Annual General Meeting on Nov. 21, the company’s Nominating Committee published last Friday that Pernilla Nyrensten has decided to leave the board of ...

  • Frasers SportScheck
    Article

    Signa Holding sells Sport Scheck to British Frasers Group

    2023-10-20T09:36:00Z

    On Oct. 17, Signa Retail Department Store Holding GmbH announced the sale of the German sporting goods chain SportScheck to British sporting goods and fashion retailer Frasers Group. Frasers runs, among other brands, Europe’s largest retailer of sports and fitness footwear, apparel and equipment, Sports Direct. No details were given ...

  • Sea to Summit
    News briefs

    New Chairman of the Board at Sea to Summit

    2023-10-20T07:39:00Z

    Australian adventure gear brand Sea to Summit has appointed Wayne England as its new Board Chair. England is an accomplished executive with a distinguished career in the consumer products industry. Throughout his career, Wayne has held several executive and non-executive positions in leading multinational consumer goods companies, most notably Nestlé. ...

  • Josh-Weichhand-Headshot
    News briefs

    Rumpl hires new VP Global Brand Marketing

    2023-10-19T14:18:00Z

    Source: Rumpl Josh Weichhand US outdoor blanket brand Rumpl, founded in 2014, has hired brand and marketing expert Josh Weichhand as Vice President, Global Brand Marketing. Weichhand will lead and oversee Rumpl’s marketing, brand strategy, e-commerce, creative and international efforts. He brings more than a decade of ...