All Hiking & Trekking articles – Page 70
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ArticleEcco had a challenging 2020, but continued to invest in the future
Danish footwear brand Ecco said it has remained financially strong despite the challenges of the year 2020. The company reported sales of €1.09 billion in 2020, down 19.7 percent from €1.36 billion a year ago. Profit before taxes reached €44.7 million, down from €195.8 million in 2019. The top priority ...
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News briefs
Lowa now offers its resole service in the U.S.
Lowa has created a new “Repair and Resole” program in the U.S. that operates through an online system. Customers who want to repair or preserve their Lowa boots can now place a repair/resole order online to have the products refurbished by Lowa factory craftsmen in Germany. The company gives an ...
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ArticleA difficult year for Gregory and High Sierra
Samsonite’s two outdoor backpack brands, Gregory and High Sierra, recorded a significant sales decline in 2020, like the rest of the group, because of the impact of the Covid-19 pandemic. Gregory posted a drop of 26.6 percent to $51.2 million, off by 27.5 percent on a currency-neutral basis. The more ...
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News briefsGarmont is open for acquisitions after entry of new majority shareholder
Garmont International, the Italian outdoor and technical footwear brand, told our sister publication SGI Europe that after consistent strong growth in recent years due to the Covid 19 pandemic, it reported an unconsolidated sales decline of more than 15 percent to €14 million in 2020, but still posted a profit. ...
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ArticleConzzeta in transformation - new name, search for Mammut buyer and resignation of management team
In a further step in its ongoing strategic transformation and following the publication of declining results for the 2020 financial year, the executive board of the Swiss Conzzeta Group will step down at its upcoming annual general meeting on April 21. The board of directors will also propose to the ...
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ArticleMammut’s online sales climb, but brand is up for sale as Conzzeta is in transition
Robust online sales mitigated the impact of the pandemic on Mammut Sports Group’s results for the full year. It generated net revenue of 218.4 million Swiss Francs (€197.5m-$236.1m) in 2020, down by 16.2 percent from the previous year in constant currencies. It ended with an operating loss of CHF 24.5 ...
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News briefsDecathlon expands outdoor product lines for SS2021, greater focus on sustainability
Decathlon, the world’s largest sporting goods retailer with more than 1,600 points of sale worldwide, unveiled its spring/summer 2021 collection for the outdoor and mountain brands Quechua and Forclaz last week, live and digitally from its headquarters in France. Source: Quechua 2 Second Tent Among the innovations ...
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News briefs
C.A.M.P. adds Ines Papert and Luka Lindič to its athlete roster
C.A.M.P. has announced that Ines Papert and Luka Lindič have joined the brand’s athlete roster. Papert, best known for her ice climbing achievements, was born in 1974 in Wittenberg, Germany. Raised in a family of musicians, her youth’s main interest was music. That changed in her early twenties when she ...
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News briefs
Rab and Lowe Alpine lobby for better travel regulations
Sister brands Rab and Lowe Alpine, both owned by U.K. company Equip Outdoor Technologies, are lobbying for a special visa regime for athletes by supporting an official petition to the British government. As part of the U.K.’s exit from the EU, British citizens can now only travel within the EU ...
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ArticleHalf of A.S. Adventure Group taken over by banks in exchange for €85 million in debt
According to reports by the Dutch financial daily Het Financieele Dagblad and the Belgian business daily De Tijd report, half of the share capital of the Belgium-based A.S. Adventure Group, one of the largest omnichannel outdoor retailers in Europe, has been taken over by several of its creditors – a ...
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News briefsFenix brands well-perceived for their sustainability efforts
The Sustainable Brand Index, a consumer ranking brand study that examines how brands are perceived in terms of sustainability in Scandinavia, the Baltic States and the Netherlands, has rated Fjällräven the most sustainable brand in Sweden in the “Clothing & Fashion - Brand” category. Fjällräven won the ...
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News briefsLa Sportiva appoints new GM
Italian mountain sports brand La Sportiva has announced that after more than 19 years as general manager, Lanfranco Brugnoli is retiring from the company. The new GM alongside Lorenzo Delladio, CEO and president, is Marcello Favagrossa. With Brugnoli and Delladio at the helm, the company has seen consistent double-digit growth ...
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ArticleInline skating compensates for Covid-19 impact on Tecnica results
The Tecnica Group reported a 9.8 percent drop in sales to €382 million for 2020 but said it still managed to further improve Ebitda by 10.7 percent to €55 million. The parent of brands such as Nordica, Blizzard, Tecnica, Lowa, Moon Boot and Rollerblade said its outdoor sales fell 10 ...
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ArticleBogs continues to perform well
Even with low precipitation in November and December across the U.S., demand for Bogs, a footwear brand best known for its waterproof boots, remained strong in the fourth quarter, as consumers continue to spend more time outside during the pandemic. It continued to diversify its product mix, selling more lightly ...
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News briefs
Canada Goose to open fifth EU brand store
Following its first German brand store in Berlin last year, Canada Goose is now ready to open its second store in the coming weeks, corona regulations permitting, in Frankfurt. The store will span two floors at Frankfurt’s downtown Rathenauplatz and will be the fifth Canada Goose store in Europe to ...
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News briefsNepalese government plans to reopen Mt. Everest for expeditions
Almost exactly a year after pulling the plug on alpine tourism on Mount Everest, the Nepalese government plans to reopen the region – and Everest’s summit – to climbers. Nepal relies heavily on tourist dollars and was hit very hard by lockdowns and travel restrictions, leaving local guides and support ...
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ArticleBlack Diamond parent Clarus sees strong growth
Clarus Corp, the parent company of Black Diamond and Pieps, announced that revenues in the fourth quarter surged by 24 percent to $75.9 million, or by 23 percent in constant currencies. This was mostly due to the company’s ammunition division, particularly gains in the Sierra Bullets business and an additional ...
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News briefs
U.S. brand Hyperlite secures equity investment
SGB reports that Hyperlite Mountain Gear, a U.S. East Coast company founded in 2010 by brothers Mike and Dan St. Pierre, has secured an investment from T-street Capital, a Connecticut-based independent growth equity firm founded in 2013 by Dale Cheney. Hyperlite has previously made a name for itself with high-tech ...
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ArticleCalida may be looking at strategic options for its outdoor brands
Swiss diversified group Calida said it was looking at “strategic options” for its French Millet and Lafuma outdoor brands following the already-completed sales of the Eider and Oxbow labels. The company said Millet and Lafuma “declined perceptibly” – due to Covid-19 curfews in France – as it reported its 2020 ...
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News briefsAKU reintegrates German-speaking customer service into Italian team
Italian footwear company AKU is moving all customer service for German-speaking countries to the company’s headquarters in Montebelluna, Italy, effective March 1. All dealer inquiries such as customer care, order and delivery information, product information and order processing will now be handled and decided directly by the headquarters. According to ...
