All Hiking & Trekking articles – Page 68
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Article
New Wave posts Q1 profit
New Wave Group, the Swedish company behind Craft and Cutter & Buck, has posted a record first-quarter profit despite a drop in sales due to lower costs. Operating profit for the three months ended March 31 was 100 million Swedish Kronor (€9.9 million-$12 million), compared to a loss of SEK24.1 ...
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News briefs
Swiss sports market stable in 2020; online in Q1 2021 outperforms previous year
According to GfK market research, the Swiss sporting goods market ended 2020 with a stable result, thanks to a sales rally in the last two months of the year. However, there is a significant gap between the different sectors: the overall winners in 2020 were fitness, outdoor, running, stand-up paddling ...
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Article
Helen of Troy reports strong Hydro Flask sales
Helen of Troy’s Houseware segment, which includes outdoor drinkware brand Hydro Flask, said revenues for its fourth fiscal quarter ended Feb. 28 increased by 12.1 percent to $162.5 million. This was driven by an organic business increase of 11.8 percent from the same quarter a year ago. There was a ...
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News briefs
Cotopaxi strengthens team with strategic hires
Outdoor brand Cotopaxi has expanded its team at its Salt Lake City, Utah, headquarters with four new hires focused on strategic growth and brand development. Cindy Grönberg Moldin brings more than a decade of extensive global strategy, brand management, advertising, go-to-market and leadership experience from Procter & Gamble. She will ...
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News briefs
Sales are up in Q1 for Calzados Bestard
Calzados Bestard’s first-quarter sales this year doubled those of two years ago, recorded in the pre-pandemic era. As CMDsport reports, the Spanish hiking boot brand’s sales director, Mats Lindholm, makes two points to account for this success. First, the outdoor sector, in general, enjoyed high order volume, especially in boots, ...
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Article
U.K. investment firm to acquire Mammut
After Conzzeta had already announced on Dec. 9, 2019, that it would focus on the sheet metal working segment (Bystronic business unit) in the future, and this year revealed the final restructuring, including the renaming of Conzzeta to Bystronic, the Swiss company has now apparently found a buyer for its ...
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News briefs
Schöffel releases 2020 sustainability report
In its 2020 sustainability report, Schöffel is emphasizing the learnings from the Covid-19 crisis and its consequences for the German family-owned outdoor company. Against the backdrop of the pandemic, one focus of Schöffel’s CSR efforts in 2020 has been continuous and responsible collaboration and communication with all production partners worldwide. ...
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News briefs
PrimaLoft P.U.R.E. insulation now also used in footwear
Kodiak Boots, a Canadian footwear brand founded in Ontario in 1910, announced that it is the first footwear company to use PrimaLoft P.U.R.E. insulation. PrimaLoft P.U.R.E., short for Produced Using Reduced Emissions, is an insulation made from 100 percent recycled PET plastic that reduces carbon emissions by at least 48 ...
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News briefs
Thule’s momentum continues through Q1
Everything is going well for Swedish Thule Group. In an interim report, it published sales for the first quarter that soared by 45.5 percent from the year-ago quarter to 2,538 million Swedish kronor (€250.7m-$301.6m) or by 56.0 percent in constant currencies. Net income jumped to SEK 447 million (€44.2m-$53.1m), from ...
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News briefs
Haglöfs aims for net zero in 2030; points out deliberate blurring in communication
On this year’s Earth Day, Swedish outdoor brand Haglöfs joins the growing number of companies calling themselves “climate neutral” by unveiling their new climate strategy: Aiming to reduce their emissions by 50 percent over the next decade and reach net zero by 2030, while taking “full responsibility for remaining emissions ...
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News briefs
Helly Hansen CEO to step down
When the Norwegian outdoor brand was successfully integrated into Canadian Tire Corporation (CTC), which it was acquired by in May 2018, Helly Hansen’s CEO, Paul Stoneham, committed at that time to lead the brand for another three years. Stoneham was appointed CEO by former Helly Hansen owner Ontario Teachers’ Pension ...
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Article
WeSports acquires Nordic Outdoor & Sports Group
WeSports AB, a Stockholm-based group of individual sports, outdoor and mobility companies that operates online as well as physical stores and product brands, and GOB Invest, also based in Stockholm, have acquired Nordic Outdoor & Sports Group AB (Nordic OSG), a leading Scandinavian outdoor, climbing and snow sports retail group. ...
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News briefs
Ortovox supports the protection of the Tarkine rainforest in Tasmania
From its new summer 2021 Tarkine capsule of two T-shirt styles, available exclusively at retailers, German merino specialist Ortovox is donating 5 percent of the sale price of each shirt to the Bob Brown Foundation, a local NGO whose goal is for the Tarkine Primeval Forest in northwestern Tasmania to ...
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Article
Good start of the year for Mammut
The Conzzeta Group’s revenues reached 337.8 million Swiss francs (€306.6m-$367.2m) in the first three months of 2021, which corresponds to an increase of 18.0 percent from the year-ago quarter on an organic basis and in constant currencies. The Outdoor segment of the group, which only includes Mammut Sports Group, saw ...
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News briefs
SummitLynx supports reforestation with One Tree Planted
Austrian company SummitLynx New Media is partnering with U.S. NGO One Tree Planted for a new reforestation project through the SummitLynx map and tour app. For every hundredth entry made by a user in SummitLynx’s digital tour book, a tree will be planted in one of the reforestation projects One ...
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News briefs
Maier Sports and Gonso support local retailers with Outtra services
Germany’s Maier Sports GmbH, owner of the Maier Sports and Gonso brands and in turn part of the outdoor division of the Schwan-Stabilo group, is going live with the “Where-to-buy local” and „Shop Window” tools from software specialist Outtra. In view of the current business situation, the project, which had ...
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Article
Lower losses in JD’s outdoor retail operations
JD Sports Fashion Plc managed to report generally good results for the year ended Jan. 30, 2021, in spite of the impact from the coronavirus pandemic and Brexit, “which have severely tested all aspects of the business,” the management said. The company’s profit before tax and exceptional items of £421.3 ...
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News briefs
Bergzeit launches hiking campaign and shows results of hiking survey
German multisport retailer Bergzeit is trading hiking as the trend topic in summer 2021 and supports it with a special hiking campaign that will run from April 13 to May 2. Existing customers are addressed via organic social media, newsletters, advertising space in the store and magazine. New customers will ...
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News briefs
Salewa opens store in Verona
The Italian Oberalp Group has opened a Salewa store in Verona on April 9. The 120-square-meter shop is located at Via Cappello 41, within walking distance of the Romeo and Juliet balcony, a well-known destination for Veronese and tourists alike. The store is designed both for mountain enthusiasts who expect ...
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News briefs
Patagonia hires new general manager, EMEA
Patagonia has announced that it has hired a new general manager for Patagonia EMEA, effective this May. Matthijs Visch will lead Patagonia’s growing business in the Europe, Middle East and Africa region, which today includes more than 230 employees and 11 brand stores. He takes over from the previous general ...