All Retail articles – Page 11
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News briefs
Luhta's parent's sales increase 25% in 2022
Luhta Sportswear Company, the parent of the Luhta, Icepeak, Rukka and Dachstein brands, reported a €10.3 million profit in 2022, up from €2.35 million a year earlier, as total revenues increased by 25 percent to €245 million from $196 million. During the year, the Finnish group returned to a normal ...
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Naturkompaniet acquires Norwegian online store and brick-and-mortar stores
Naturkompaniet AS and Exist Internet AS announced that Naturkompaniet is acquiring 100 percent of the shares in Exist Internet AS, Fjellshop AS and Fjellshop Tromsø AS. The acquisition is part of Naturkompaniet’s strategy to expand its offering and strengthen its position as a leading player in the outdoor industry in ...
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Naturkompaniet opens flagship store in Oslo
Source: Glenn Pettersen Naturkompaniet - Hegdehaugsveien 29, Oslo Knowledge and sustainability are the focus of Naturkompaniet’s new flagship store on Hegdehaugsveien in Oslo. Originally founded in Sweden in 1991, this is the company’s sixth store in Norway, offering well-known brands such as Fjällräven, Patagonia, Arc’teryx, Osprey, Devold, ...
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Article
Reset EOG State of Trade study shows growth of +11.5%
At OutDoor by ISPO 2023 in Munich, the European Outdoor Group (EOG) released new data from its State of Trade (SoT) market research program showing growth in sales value and volume across all categories through 2022. The figures for the year were released following some notable updates to the project ...
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Sport 2000 increases outdoor market volume
Sport 2000 once again increased its outdoor sales to a new peak of almost €1 billion in 2022. Outdoor accounted for 29 percent of total sales last year. Outdoor external sales for the first five months of 2023 were at €381 million and, with an increase of 1.5 percent, slightly ...
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As TNF and DTC continue to grow, VF Corp. has a turnaround strategy in place
VF Corp., which has begun a rigorous six- to 12-month process to find a new CEO, says it has a plan in place that will improve its sales and profitability fortunes over the next 12 months. It centers on continued growth for its The North Face (TNF), EMEA, and direct-to-consumer ...
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Millet launches rental scheme for outdoor gear
French mountain sports brand Millet is introducing a new rental program. Starting on May 20, the brand will rent out, via its e-commerce site and in-store, items from its hiking and mountaineering ranges. The scheme is part of the brand’s CSR strategy to promote a circular economy.
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Mammut opens temporary store in Paris
Outdoor Swiss brand Mammut has opened a pop-up store in Paris in partnership with French specialist retailer Au Vieux Campeur. Located in the Latin Quarter, at 38 rue des Écoles, the brand’s 27-square-meter pop-up store will be in place until June 10. The location is at walking distance from rue ...
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Millet to hold its sell-in early
Millet Mountain Group has moved up its sell-in campaign by two weeks, to late May, in part to account for moved-up production schedules, reports CMDsport. This year, according to Hervé-Sergio Locatelli, sales director for southern Europe, the group has met expectations with a “satisfactory” first four months in Spain. Textiles ...
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Thule opens retail space at NK in Stockholm
Thule has opened a store at the NK (Nordiska Kompaniet) department store in Stockholm, its third store in Sweden. The 55-sqm retail space is located on the third floor of the department store. “We are very proud to now be present at NK, which is an icon in Sweden. It ...
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News briefs
Grassroots Outdoor Alliance hires Chelsea Flynn as event director
Grassroots Outdoor Alliance (GOA), the U.S. organization dedicated to the health and growth of the outdoor specialty retail industry, has named Chelsea Flynn Director of Events. Flynn brings more than ten years of event planning experience to the position. Previously, she was events project manager at the University of Tennessee ...
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New Swiss trading partner for Rab and Lowe Alpine
The Equip brands Rab and Lowe Alpine have announced a new trading partner for Switzerland. From now on, a team of five from the trading agency Icon Outdoor Equips, managed by Balz Willen and Werner Schunk, will look after specialist trade partners in Switzerland on behalf of Rab and Lowe ...
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Article
First UK, then Europe: New EOG service provides sell-through analysis for the outdoor market
After two years in development, the European Outdoor Group (EOG), led by Pauline Shepherd, and Sporting Insights have announced the launch of the Outdoor Market Intelligence Service, a retail sales reporting tool for the industry. The new service will initially be launched in the UK market, but ...
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News briefs
Swedish sports retail sales fall 0.6 percent in Q1 2023
According to the Sportindex, compiled by industry organization Svenskt Sportforum in collaboration with the Swedish Retail Research Institute (HUI), sales in Swedish sports retail fell 0.6 percent in the first quarter of 2023. This is the fifth consecutive quarter of negative development in the sports retail sector. In the ...
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News briefs
Salomon opens flagship store in Annecy
Salomon has opened a new brand store in Annecy, a city in the French Alps close to the Swiss border, where the brand was born in 1947. The new store is just a few steps from the brand’s Annecy Design Center, where every Salomon product is designed, developed and prototyped. ...
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New marketing director at Sport Conrad
Source: Sport Conrad Christian Wander German mountain sports multichannel retailer Sport Conrad has appointed Christian Wander to the position of marketing director, effective April 17. Wander succeeds Florian Linder, who is moving internally to bike, snowboard and protection buying, and has many years of professional experience in ...
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Naturkompaniet donates €327,000 to biodiversity projects
Outdoor retail chain Naturkompaniet, part of Fenix Outdoor and operating 42 outdoor stores in Sweden and Norway, has announced the winners of its 2023 “Naturbonus” (Swedish for “nature bonus”). This year, the funds go to four organizations, all of which protect biodiversity in Sweden. Together, they will receive SEK 3.7 ...
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Alpkit opens tenth store
British B-Corp Alpkit opened its tenth and northernmost store at Ledge Climbing Gym in Inverness on April 15. Alpkit, a digital-focused brand founded in 2004, creates community hubs in outdoor activity hotspots such as the Lake District, Peak District and Snowdonia. Alpkit currently has nine other stores in the U.K., ...
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Article
Fenix posts record Q1 sales but sees uncertain Q2 amid high inventories
Fenix Outdoor International reported sales of €180.0 million in the first quarter of 2023, a new record for the first three months of the year and up from €165.2 million for the year earlier, although margins remained under pressure amid inflation. Ebitda inched up to €31.2 million from €30.8 million ...
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Gramicci chooses London for first global store
Shaftesbury Capital, a real estate investment trust investing in London’s West End, including Covent Garden, Carnaby, Soho, Chinatown and Fitzrovia, has announced that U.S. outdoor brand Gramicci will make its global debut at Seven Dials in Covent Garden. The 130-sqm store at 3 Earlham Street will carry the brand’s minimalist ...