News

Thule’s focus on backpacks pays off

11/11/2015

Swedish outdoor group Thule has launched a ‘strategic review’ of its work gear division, after selling its snow chain operations to increase focus on sport and outdoor. Net sales for the third quarter amounted to SEK 1,343 million ($154 million), an increase of 13.6%. Sales for the Outdoor and Bags segment increased 12.4% to SEK 1,124 ($130...

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