All Hiking & Trekking articles – Page 48
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News briefsTNF commits to support wilderness clean-up projects via EOCA
For the third year running, The North Face (TNF) has chosen the European Outdoor Conservation Association (EOCA) to find and manage environmental projects to be financially supported by the brand’s fund. Five projects in four European countries have been picked by EOCA and will be supported with ...
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News briefsExped steps into new distribution partnerships in Austria and France
Zurich-based company Exped is expanding its brand presence in Austria and France and altering its distribution model for Austria. As of Sept. 15, 2022, the Austrian market will be served by Exclusiv Sportartikelvertrieb GmbH, which also carries Italian footwear specialist Scarpa as a sales agency. Thomas Miedl will be the ...
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ArticleRevolutionRace sees 50% Q3 sales gain despite supply chain problems
RevolutionRace (RVRC), the Swedish DTC outdoor company, continued to grow rapidly in the third quarter of its financial year, as sales increased by 50 percent to 367.4 million Swedish kronor (€34.6m) despite persistent supply chain problems for some of its products. On a constant currency basis, sales in the three ...
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News briefsVitrolab finishes Series A funding, receives investment from Leonardo DiCaprio
Actor and climate activist Leonardo DiCaprio has invested capital in VitroLabs Inc., a California-based design company founded and run by Icelandic fashion designer Ingvar Helgason. The company has just closed a Series A funding round, getting Agronomics, Bestseller’s Invest FWD, Kering, Khosla Ventures, New Agrarian and Regeneration.VC on board, besides ...
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News briefsCoDi’s consumer business driven by Boa
Compass Diversified’s (CoDi) branded consumer business was led by Boa Technology in the first quarter ended March 31 as the closure system brand generated a 75 percent increase in adjusted Ebitda to $24.9 million from revenue growth of nearly 56 percent to $56.8 million as compared to $36.5 million. Elsewhere ...
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News briefs
Hubaco Group brands Terra Nova, Wild Country and Extremities become employee owned
The founders of the British Hubaco group, Andy Utting and Carolyn Budding, have transferred their ownership to an employee ownership trust that will run the brands Terra Nova Equipment, Terra Nova Expeditions, Field Candy, Wild Country, Extremities and sister company YourSchoolUniform.com Ltd in the future. Sylwester Wacht was appointed as ...
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ArticleVista Outdoor to separate into two; Q4 and FY profits soar
Vista Outdoor, which currently has a portfolio of 39 brands, including five it acquired over the last year, intends to separate its outdoor products and sporting products segments into two independent, publicly-traded companies. The current completion date for the transaction is sometime in 2023, when Vista sees additional acquisitions before ...
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News briefsIcebreaker promotes Josh Vaughan to general manager EMEA
Source: Icebreaker Josh Vaughan Josh Vaughan, a long-term Icebreaker executive who had been sales director EMEA for the last two years, has been promoted to the position of general manager EMEA for the brand. According to Icebreaker’s parent company, VF Corp, Vaughan will report directly to Jan ...
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News briefsTyler LaMotte is Patagonia’s new marketing director, EMEA
Source: Martin Dijkstra Tyler LaMotte Patagonia has hired Tyler LaMotte as its new marketing director, EMEA. A goal-oriented brand developer with more than 20 years of experience in the outdoor industry, he will be responsible for the company’s marketing strategy across the EMEA region. In his new ...
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ArticleRocky Brands almost doubles Q1 net sales driven by strong wholesale performance
U.S. footwear company Rocky Brands’ sales for the three months to March 31 rose 90.5 percent year on year to $167.0 million. The figure includes $64.0 million in net revenue from the company’s Boston Group, compared with $6.5 million in the same period last year. The Boston group includes The ...
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News briefsSTC Distribution with new operational manager
Source: STC Distribution GmbH Markus Haid, new operational manager for Therm-ic and Sidas, DACH Since March 1, Katharina Spar has joined marketing manager Jan Otto as junior marketing manager at the Austrian company STC Distribution GmbH, which is responsible for sales of the Sidas and Therm-ic brands ...
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News briefsOsprey's CEO steps down
Osprey Packs announced that CEO Layne Rigney is leaving the company after nearly six years. He had recently led the brand through its acquisition of Helen of Troy, which, with the help of the Osprey acquisition, saw a 14% increase in sales in the fourth quarter. The remaining Osprey leadership ...
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News briefs
Newell Brands’ outdoor sales lifted by early retailer orders
Newell Brands’ outdoor and recreation division’s first-quarter sales increased by 15 percent to $388 million, bolstered by accelerated orders of seasonal products by retailers, as operating income tripled to $45 million. Brands within the segment include Aerobed, Bubba, Campingaz, Coleman, Contigo, Marmot and Stearns. Core sales were 22.9 percent ...
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Article50 years after the sale of the brand, the Millet family has taken back the lead
Source: Millet Jean-Pierre Millet Millet Mountain Group, formerly part of the Swiss Calida Group and owner of the brands Lafuma and Millet, has completed its acquisition by the new main shareholder Jean-Pierre Millet (grandson of the brand Millet’s founders) and Inspiring Sport Capital, a private equity fund ...
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News briefsColumbia Sportswear to expand distribution center in Kentucky
Columbia Sportswear announced it will expand the capacities at its Robards, Kentucky, distribution facility. The company has operated a distribution center in the state since 2004 and plans to invest approximately $4 million in the facility and create more than 175 full-time jobs for employees and supervisory staff in the ...
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ArticleHelen of Troy sees Q1 boost from Hydro Flask, Osprey
Outdoor drinkware brand Hydro Flask led sales gains in the Home & Outdoor sales segment of El Paso, Texas-based consumer goods company Helen of Troy in the fourth quarter ended Feb. 28, with recently acquired backpack manufacturer Osprey Packs also boosting the segment’s topline. Sales in the Home & Outdoor ...
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ArticleFenix Outdoor sales rise 30 percent in first quarter
Fenix Outdoor International generated a 22 percent increase in first-quarter operating profit to €17.7 million on a 30 percent topline expansion to €165.2 million against €127.1 million. The outcome was negatively impacted by about €2 million in one-time additional transportation costs. But the strong results for the Fjällräven, Tierra, and ...
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ArticleManagement team changes at Exped
With Hubi Rutishauser, international sales manager and board member, leaving the Zurich-based company Exped after 28 years, Eicke Thiele succeeds him on the company’s three-member executive board and was appointed director of marketing and sales, effective April 1. Thiele has already been with the company for the past six years ...
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News briefsAndy Styan steps down as CFO of Equip, Rob Maynard to take over
After seven years of service as chief financial officer of Equip Outdoor (the owner of Rab and Lowe Alpine), Andy Styan is leaving the company to focus on personal projects. Styan started with Equip in 2015 and has supported the company’s revenue growth from £40m to £100m and seen the ...
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News briefsTimberland expands Timberloop recycling program to Europe
Around this year’s Earth Day, Timberland announced several initiatives within its CSR program, the most interesting being the expansion of the Timberloop take-back program into the U.K., Germany, France and Italy, with more European markets to follow. The recycling program allows consumers to return their worn Timberland footwear, apparel or ...
