Outdoor – Page 3
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ArticleCanada Goose results impacted by weak DTC comps
The Canadian group’s Q2 saw a 30% drop in operating income amid declining wholesale and DTC sales, but a tax recovery lifted profitability by 54% to C$6.3M.
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News briefsRVRC sees strong sales growth in September
The DTC outdoor company reports solid September growth and prepares for new product launches in a seasonally strong quarter.
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ArticleMoncler nine-month sales rise by 6 percent
The Italian luxury group reported a 6% revenue rise over nine months, led by robust direct-to-consumer sales and substantial gains in Asia, despite challenges in Japan.
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ArticleColumbia Sportswear reports margin improvement despite sales decline in Q3
Columbia Sportswear saw a 5% revenue decline in Q3, but it boosted its gross margin thanks to lower freight costs and a favorable sales mix. Despite lower US demand, growth in EMEA and LAAP regions balanced results.
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ArticleGarmin posts double-digit sales gains in all segments
The Swiss company boosted its annual forecast again after a stellar Q3, with operating income up 62% and net income up 55% on double-digit growth across all segments.
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ArticleFenix Outdoor reports mixed Results in Q3
In Q3, sales in the branded segment declined 21%, while the retail segment varied by region.
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News briefsRevamped OutDoor trade show model unveiled
With updated networking layouts and reduced cost, the new OutDoor is set to attract more exhibitors and visitors.
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ArticleElevate Outdoor Collective promotes COO to CEO
EOC promoted Josée Larocque to CEO, marking a leadership shift aimed at driving innovation and global growth initiatives.
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News briefsKMD Brands appoints new CEO
Brent Scrimshaw, with over 20 years of global industry experience, will succeed Michael Daly as the new group CEO.
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News briefsLVMH acquires 10% of shares in Double R, strengthening ties with Moncler
The partnership is meant to strengthen Ruffini Partecipazioni Holding’s position as the largest shareholder in Moncler.
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News briefsIntersport Finke opens eco-friendly flagship in Bielefeld
The new 2,000-sqm store embraces sustainability in a new concept of energy-efficient design and sustainable practices.
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ArticleSofter consumer sentiment continues to hamper KMD Brands
New Zealand’s KMD Brands, owner of Rip Curl, Kathmandu and Oboz, saw FY24 sales drop 11.2% amid weak consumer sentiment, posting a NZ$48.3m net loss.
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News briefsJulbo announces leadership change as Beaud retires
Julbo’s Christophe Beaud retires after almost four decades at the helm, handing over the General Manager role to Damien Guillobez.
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News briefsKMD Brands reports preliminary FY results
KMD expects FY24 Ebitda of NZ$49-51m as sales drop 11.2%. Rip Curl and Kathmandu showed Q3/Q4 improvement, but margins fell 30 basis points.
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ArticleAmer Sports raises forecast, Ball & Racquet Sports sees moderate growth
Arc’teryx drives Amer’s Q2 success, boosting stock by over 10 percent and leading to an upgraded full-year forecast with strong growth in Technical Apparel.
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News briefsAmerican Golf partners with Go Outdoors
The UK-based retailer launches a first 280sqm concession at Go Outdoors in Gloucester on Aug. 22.
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ArticleNew executive leadership team for Scott Sports
There has been a change in the executive management team in Givisiez after the latest internal disputes.
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News briefsNew CMO for Scott USA
Bike industry veteran executive Matt Heitmann joins the US subsidiary to position Scott for long-term success.
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News briefsStance names new CEO
The Californian company appointed David Tichiaz, succeeding co-founder John Wilson, who will continue as an advisor.
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ArticleDeckers divests Sanuk
Canadian athleisure brand Lolë bought the footwear brand for an undisclosed sum and announced Katie Pruitt as its new GM.