All Hiking & Trekking articles – Page 63
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News briefsWorkwear specialist Fristads expands outdoor offering
Fristads, a Swedish manufacturer of durable and functional workwear since 1925, launched an outdoor line in 2020 to complement its traditional collection in the wake of the growing outdoor trend during the pandemic. According to the brand, despite some Covid-related event cancellations, the launch of the new collection went according ...
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ArticleRevolutionRace races ahead in first financial report post-listing
RevolutionRace, the Swedish DTC outdoor company fresh from a June listing on Nasdaq Stockholm, saw sales in the fourth quarter of its fiscal year surge by 152 percent to 273.7 million Swedish kronor (€26.8m-$31.3m), led by 296 percent growth on the German market and with double or triple-digit growth in ...
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News briefsGreen Button for Deuter’s sustainable products
German backpack and sleeping bag manufacturer Deuter has been certified under the German government’s “Grüner Knopf” (Green Button) standard for its sustainability. The Green Button is the first government-monitored label for responsible corporate management and ecologically and fairly produced textiles. It was launched in 2019 by the German Ministry for ...
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ArticleEDM Interview Series #04-2021: Samaya
The Outdoor Industry Compass spoke with Arthur Jallas, co-founder and sales leader of French brand Samaya.
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ArticleSports and leisure segment boosts New Wave sales in Q2
Sweden’s New Wave Group, which owns brands like Craft and Cutter & Back, saw total sales in the second quarter ended June 30 rise by 13 percent as compared to the year earlier to 1,487 million Swedish kronor (€145.7m-$171.1m), led by a 70 percent increase in its Sports & Leisure ...
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News briefs
Simply Hike acquired by Astbury Collections
Simply Hike, a U.K.-based outdoor leisurewear and equipment specialist, has been acquired by Astbury Collections. Simply Hike sells products for hiking, walking, camping and skiing. The Simply Hike store in Reading has closed, and the retail brand has now become an entirely online operation based at Astbury’s headquarters in Alford, ...
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News briefs
Goldwin's Q1 sales grow 40%
Goldwin reported revenues of ¥17,078 million (€131.8m-$154.7m) in the first quarter of its financial year, up by 40.0 percent on the year earlier, and confirmed its outlook for 10.5 percent sales growth for the full year. For the three months ended June 30, the Japanese company reported an operating profit ...
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News briefsUniversity study sees Gen Z consumers open to clothing rental
According to a new study among consumers aged between 19 and 24 conducted by the College of Agricultural, Human and Natural Resource Sciences at the Washington State University (WSU), Gen Z adults are interested in using apparel rental services to reduce overconsumption. Ting Shi, co-author and chair of apparel, merchandising, ...
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News briefsHelly Hansen up 46% in Q2
Canadian Tire Corporation reported a 45.9 percent increase in external revenues for Helly Hansen and Musto to 100 million Canadian dollars (€68.5m-$80.3m) for the second quarter ended July 3. Outside Canada, the revenues from the two brands amounted to CA$95.1 million (€64.7m-$76m), up from CA$64.7 million in the comparable period ...
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News briefsAlpinist Siegrist receives lifetime achievement award and extends contract with Mammut
Swiss climber and mountaineer Stephan Siegrist, born in 1972, received the “Le Mérite alpin” lifetime achievement award from the renowned Swiss alpine film festival FIFAD. The jury justified the award as follows: “If we were to say that Stephan Siegrist is an outstanding climber, that would not be enough. Whether ...
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News briefsAmer Sports names Fogliato Salomon’s new president and CEO
Source: Salomon Franco Fogliato Amer Sports has found a new and experienced executive with an excellent background in the sporting goods industry, Franco Fogliato, to head up Salomon as president and CEO. He will take on the responsibility by March 15, 2022, at the latest. Columbia Sportswear ...
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News briefsOberalp group sets focus on chemicals, circularity and social responsibility
Italian Oberalp group (owner of brands Salewa, Dynafit, Pomoca, Wild Country, Evolv and LaMunt) has released its annual sustainability report “Contribute” for 2020. Setting a focus on chemical safety, human rights and circular economy, the report highlights achievements made in the last year and news from within the group, such ...
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ArticleWeyco sees potential in Forsake, benefits from renewed dress shoe demand
Glendale, Wisconsin-based Weyco Group reported net sales of $57.6 million in the group’s second quarter of 2020, which ended June 30, compared with $16.6 million a year earlier, when sales were severely impacted by the pandemic outbreak. Sales were down about 5 percent from the second quarter of 2019, with ...
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News briefs
Columbia's VP of global omnichannel leaves the company
Columbia Sportswear announced that Franco Fogliato, executive vice president, global omnichannel since Nov. 2020 and executive VP and general manager Americas for the group since 2017, has informed the company of his intention to leave after a short transition period ending Sept. 3, 2021. Fogliato joined Columbia Sportswear in 2013 ...
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ArticlePurchase decisions: YouGov study sees animal welfare topics on the rise
According to a new study initiated by animal welfare organization Four Paws and executed by YouGov, there is a significant increase in awareness and sensibility among consumers worldwide regarding the use of animal products for fashion since the outbreak of the Covid-19 pandemic. There is a measurable ...
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News briefsCoDi completes sale of Liberty Safe
Compass Diversified (CoDi), owner of various brands, including thriving Boa Fit technology since October 2020, today announced that it has completed the sale of its majority-owned subsidiary, Liberty Safe Holding Corporation, the parent company of Liberty Safe and Security Products, Inc. to an affiliate of Monomoy Capital Partners. The Westport-based ...
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ArticleColumbia lifts guidance after strong Q2, but CEO attacks freight “monopoly”
Columbia Sportswear swung to a second-quarter profit and raised its full-year 2021 forecasts but warned that “escalating” ocean-freight prices and ongoing port congestions were dragging on the annual outlook. The outdoor gear producer reported net income of $40.6 million for the three months to June 30, compared with a loss ...
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News briefsPrana to officially reach plastic-free packaging goal this fall
Carlsbad-based company Prana, owned by Columbia Sportswear, announced that it will be 100 percent plastic-free in its packaging solutions. The brand had launched the Responsible Packaging Movement (RPM) a year ago, a program developed to support an industry-wide change to sustainable packaging options. For many years, Prana has already used ...
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ArticleAfter strong Q2, Wolverine again raises full-year outlook
Wolverine Worldwide raised its guidance for the full year for the second time after achieving strong results in the second quarter ended July 3, led by the record quarterly sales performance by its two largest brands, Merrell and Saucony, on which the group has been investing more than on the ...
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ArticleCoDi sees “explosive” growth at Boa Technology
Compass Diversified (CoDi) highlighted the “explosive” growth of the recently acquired Boa Technology in its second quarter ended June 30, cautioning that the brand’s expansion is likely to slow in the second half of the year. Boa, which owns the Boa Fit System for shoe fastening, was acquired by CoDi ...
