All Hiking & Trekking articles – Page 45
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Article
Frilufts drives Q2 growth at Fenix Outdoor as stores reopen
Fenix Outdoor International’s sales increased by one-third in the second quarter as the company’s outdoor retail segment (Frilufts Retail Europe) in Germany (Globetrotter retail chain) rebounded due to the reopening of stores following the Covid lockdowns. The company said sales for the three months to June 30 rose 29 percent ...
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News briefs
B Lab releases new Best for the World ranking lists 2021
After pausing its ”Best for the World” lists in 2020 over the Covid-19 crisis, B Lab has now released its list for 2021. “Best for the World” recognizes B Corps worldwide whose B-impact assessment scores rank in the top five percent of their company size track in one or more ...
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News briefs
Samsonite has divested all commercial activities in Russia
According to a company release, Samsonite International S.A. (and its consolidated subsidiaries) divested its Russia business on July 1. The withdrawal’s financial terms and details have not been disclosed. The company had announced in March that it had suspended all commercial activities in Russia until further notice. Kyle Gendreau, Samsonite’s ...
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News briefs
Adidas Terrex launches first product with Spinnova
The Adidas Terrex HS1 is the first product to emerge from the partnership with Spinnova Source: Adidas Eight months after Adidas announced its partnership with Finnish textile material company Spinnova, the German brand has unveiled its first product that is integrated into the Adidas Terrex line and ...
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News briefs
Buff’s sales are back to normal after the pandemic boom
Buff, the Spanish headwear and neckwear company, posted revenues of €49.6 million in its fiscal year 2021, ending April 30. The figure compares to €85 million in sales and a 62 percent increase in the previous fiscal year when results were exponentially boosted by the outdoor boom during the Covid-19 ...
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News briefs
Columbia Sportswear Company appoints former Nike DTC president to board
Columbia Sportswear Company announced that its board of directors has appointed Christiana Smith Shi as a director and member of the audit committee, effective July 8, 2022. Shi is a principal at Lovejoy Advisors, a consulting firm she founded in 2016 that focuses on digital transformation for consumer and retail ...
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News briefs
Kathmandu parent updates guidance
KMD Brands, formerly Kathmandu Holdings, is now forecasting total annual sales of NZ$955 to NZ$965 million (€580.7m to €586.8m) for the 12 months ending July 31 after a record performance during a winter promotional period for its Kathmandu retail operation. FY22 Ebitda, excluding one-off, non-cash items, including government subsidies, is ...
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News briefs
Mystery Ranch teams with Hyosung on launch of new sustainable pack collection
Source: Mystery Ranch Mystery Ranch Coulee 50 Montana-based backpack specialist Mystery Ranch has teamed with Hyosung, a global fiber manufacturer and value chain solutions provider, in the development of their new sustainable Coulee Series made with Hyosung’s GRS-certified, 100 percent recycled Mipan® regen robic high-tenacity nylon. “We’ve ...
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News briefs
Jack Wolfskin teams up with Schoeller Textil for new shell materials
Source: Jack Wolfskin/Schoeller The flagship of Jack Wolfskin’s S23 Discovery Wilderness collection is the Diskovera Jacket, a 3-layer jacket, with Texapore Ecosphere Pro Schoeller 3L technology. German brand Jack Wolfskin and the Swiss fabrics manufacturer Schoeller Textil have joined forces to jointly develop new shell materials for ...
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News briefs
Millet Mountain Group opens factory in Tunisia
Millet Mountain Group (MMG), the owner of French mountaineering and mountain apparel brands Millet and Lafuma, is opening a new factory in Tunisia. The 3,500-square-meter facility in Monastir has an automated cutting room featuring quilting technology and mechanical and laser cutting machines. The factory also features two embroidery machines and ...
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Article
Helen of Troy’s outdoor business shows resilience in Q1
Outdoor-related products, including the recently acquired backpack manufacturer Osprey Packs, led sales gains in the Home & Outdoor segment of El Paso, Texas-based consumer goods group Helen of Troy in the first quarter ended May 31. Sales gains for the segment came despite a decline in the company’s overall top ...
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News briefs
Snowleader to distribute and produce Eider brand in Europe
Snowleader, a leading online retailer of outdoor and snow sports products based in the Savoy region of France, has signed a licensing agreement with the Korean K2 Group to design, produce and distribute Eider in Europe. This comes more than two years after Millet Mountain Group – then part of ...
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Article
Analysis: Outdoor industry stocks fell more than 21% in Q2
Outdoor industry stocks fared worse in the second quarter than in the first period of 2022, declining an average of 21.18 percent compared to a 17.84 percent sequential drop in the average stock prices of companies primarily involved in the outdoor and bicycle sectors. This time around, our quarterly analysis ...
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News briefs
Bergzeit study sees pleasure trumping performance in outdoor sports activities
German mountain sports e-tailer Bergzeit has conducted a new online study among roughly 3,400 of its customers in the German-speaking countries to find out about their motivation in outdoor sports, goals, planning, equipment, travel choices, social media use and the consultancy expected from a retailer. One of the major takeaways ...
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News briefs
Calzados Bestard tops last year’s record H1 sales
Calzados Bestard generated revenues of €3 million in the first half of 2022, for a year-on-year gain of 2.5 percent. With its €7 million in sales, however, last year was exceptional – the best ever for the Spanish producer of mountaineering, hiking and trekking boots. Sales this year have improved ...
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News briefs
Salewa acquires the Vertic Outdoor stores in Spain
Salewa Ibérica has acquired the chain of mountain sports stores Vertic Outdoor, CMD Sport has reported. The financial details of the transaction have not been disclosed. The three brick-and-mortar stores of the chain, located in Barcelona, Sabadell and Manresa, will later operate as Salewa Mountain Shop Vertic. Vertic Outdoor also ...
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News briefs
Manuel Dürmoser takes over as head of marketing at Primus
Manuel Dürmoser has taken up a new position as marketing manager at Primus AB in Solna, Sweden. The Austrian moved to the company from his role as global brand and marketing manager at Swedish brand Recco. Before moving to Scandinavia, Dürmoser was snowboard product manager at Atomic. He takes over ...
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News briefs
Rab rolls out its second stich repair service in more countries
Brtish brand Rab (owned by Equip Outdoor Technologies Ltd.) has expanded its previously U.K.-only upcycling program into a globally available online repair service. For the past three years, Rab has offered the upcycling program “Second Stitch” at its U.K. service center in conjunction with its factory store. Now the service ...
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Article
Jack Wolfskin acquires Polish distributor, establishes central hub for Eastern European growth
Jack Wolfskin has acquired its 24-year distributor for Poland, FAM Sp.K., strengthening its newly formed company Jack Wolfskin Poland Sp. z o.o., based in Gdynia near Gdansk, to bolster the brand’s presence in the fast-growing Polish market. The subsidiary will also serve as a strategic hub for all of Eastern ...
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News briefs
Inov-8 drops first hiking apparel collection
Source: Inov-8 Venturelite hiking collection Inov-8 has launched Venturelite, its first hiking collection. So far known as a footwear provider, the brand from England’s Lake District is now expanding its offering for hikers with a full clothing collection that includes midlayers, hoodies, T-shirts, pants and shorts, which ...