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Article Date: January 2017
Word Count: 224

Jack Wolfskin Reports Growing Sales

The German outdoor brand’s sales gained 12% to €351 million ($372 million) and was profitable from an operating standpoint last year according to a report by Textilwirtschaft. The rebound follows a sales decline of more than €30 million to €314 million in 2015 due to a channel cleanup following over-distribution in the stagnant home market. Company management said that pre-orders for the spring were up by 9%.


Jack Wolfskin was taken over in 2011 by Blackstone, the private equity firm, in a leveraged buy-out for an estimated €650 million. Reuters reported last year that the group’s lenders had been alarmed by ... Log in to view full article.


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