Global Women Outdoor Apparel Market Size, Share & Demand Report By Product Type (Outerwear, Topwear, Bottomwear, Layering Apparel, Accessories), By Material (Synthetic Fabrics, Natural Fabrics, Hybrid Technical Fabrics, Sustainable / Recycled Fabrics), By Activity Type (Hiking & Trekking Apparel, Camping & Adventure Travel Apparel, Running & Trail Running Apparel, Skiing & Snowboarding Apparel, Mountaineering Apparel, Cycling & Outdoor Fitness Apparel, Casual Outdoor / Athleisure Apparel), By Distribution Channel (Online Retail, Specialty Outdoor Stores, Sporting Goods Retailers, Brand-Owned Retail Stores, Department Stores), By Region & Segment Forecasts, 2026–2031.

Report Code: RI2728PUB
Last Updated : March, 2026
Author : Ava Richardson

Table of Contents

  1. Executive Summary
    1. Introduction
  2. Market Introduction
    1. Market Definition
    2. Scope of the Study
    3. Market Structure
  3. Research Methodology
    1. Primary Research
    2. Research Methodology
    3. Assumptions & Exclusions
    4. Secondary Data Sources
  4. Market Factor Analysis
    1. Value Chain Analysis: Women Outdoor Apparel Market
    2. Porters Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitution
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Dynamics
    1. Drivers
    2. Restraints
    3. Opportunities
  6. Recent Trends Analysis
  7. Impact of COVID-19 on Women Outdoor Apparel Market
    1. Pre and Post Covid -19 Market Scenario Analysis
    2. Market Recovery Timeline and Challenge
    3. Measures Taken by Top Players
  8. Regulatory Landscape
  9. Women Outdoor Apparel Market, By Product Type
    1. Introduction
      1. Market Size and Forecast, By Product Type
    2. Outerwear
      1. Market Size and Forecast, By Region
    3. Topwear
      1. Market Size and Forecast, By Region
    4. Bottomwear
      1. Market Size and Forecast, By Region
    5. Layering Apparel
      1. Market Size and Forecast, By Region
    6. Accessories
      1. Market Size and Forecast, By Region
  10. Women Outdoor Apparel Market, By Material
    1. Introduction
      1. Market Size and Forecast, By Material
    2. Synthetic Fabrics
      1. Market Size and Forecast, By Region
    3. Natural Fabrics
      1. Market Size and Forecast, By Region
    4. Hybrid Technical Fabrics
      1. Market Size and Forecast, By Region
    5. Sustainable / Recycled Fabrics
      1. Market Size and Forecast, By Region
  11. Women Outdoor Apparel Market, By Activity Type
    1. Introduction
      1. Market Size and Forecast, By Activity Type
    2. Hiking & Trekking Apparel
      1. Market Size and Forecast, By Region
    3. Camping & Adventure Travel Apparel
      1. Market Size and Forecast, By Region
    4. Running & Trail Running Apparel
      1. Market Size and Forecast, By Region
    5. Skiing & Snowboarding Apparel
      1. Market Size and Forecast, By Region
    6. Mountaineering Apparel
      1. Market Size and Forecast, By Region
    7. Cycling & Outdoor Fitness Apparel
      1. Market Size and Forecast, By Region
    8. Casual Outdoor / Athleisure Apparel
      1. Market Size and Forecast, By Region
  12. Women Outdoor Apparel Market, By Distribution Channel
    1. Introduction
      1. Market Size and Forecast, By Distribution Channel
    2. Online Retail
      1. Market Size and Forecast, By Region
    3. Specialty Outdoor Stores
      1. Market Size and Forecast, By Region
    4. Sporting Goods Retailers
      1. Market Size and Forecast, By Region
    5. Brand-Owned Retail Stores
      1. Market Size and Forecast, By Region
    6. Department Stores
      1. Market Size and Forecast, By Region
  13. Regional Overview
    1. Introduction
      1. Market Size and Forecast
    2. North America
      1. Market Size and Forecast
        1. By Product Type
          1. Outerwear
            1. Topwear
              1. Bottomwear
                1. Layering Apparel
                  1. Accessories
                  2. By Material
                    1. Synthetic Fabrics
                      1. Natural Fabrics
                        1. Hybrid Technical Fabrics
                          1. Sustainable / Recycled Fabrics
                          2. By Activity Type
                            1. Hiking & Trekking Apparel
                              1. Camping & Adventure Travel Apparel
                                1. Running & Trail Running Apparel
                                  1. Skiing & Snowboarding Apparel
                                    1. Mountaineering Apparel
                                      1. Cycling & Outdoor Fitness Apparel
                                        1. Casual Outdoor / Athleisure Apparel
                                        2. By Distribution Channel
                                          1. Online Retail
                                            1. Specialty Outdoor Stores
                                              1. Sporting Goods Retailers
                                                1. Brand-Owned Retail Stores
                                                  1. Department Stores
                                                2. U.S.
                                                  1. By Product Type
                                                    1. Outerwear
                                                      1. Topwear
                                                        1. Bottomwear
                                                          1. Layering Apparel
                                                            1. Accessories
                                                            2. By Material
                                                              1. Synthetic Fabrics
                                                                1. Natural Fabrics
                                                                  1. Hybrid Technical Fabrics
                                                                    1. Sustainable / Recycled Fabrics
                                                                    2. By Activity Type
                                                                      1. Hiking & Trekking Apparel
                                                                        1. Camping & Adventure Travel Apparel
                                                                          1. Running & Trail Running Apparel
                                                                            1. Skiing & Snowboarding Apparel
                                                                              1. Mountaineering Apparel
                                                                                1. Cycling & Outdoor Fitness Apparel
                                                                                  1. Casual Outdoor / Athleisure Apparel
                                                                                  2. By Distribution Channel
                                                                                    1. Online Retail
                                                                                      1. Specialty Outdoor Stores
                                                                                        1. Sporting Goods Retailers
                                                                                          1. Brand-Owned Retail Stores
                                                                                            1. Department Stores
                                                                                          2. Canada
                                                                                        2. Europe
                                                                                          1. Market Size and Forecast
                                                                                            1. By Product Type
                                                                                              1. Outerwear
                                                                                                1. Topwear
                                                                                                  1. Bottomwear
                                                                                                    1. Layering Apparel
                                                                                                      1. Accessories
                                                                                                      2. By Material
                                                                                                        1. Synthetic Fabrics
                                                                                                          1. Natural Fabrics
                                                                                                            1. Hybrid Technical Fabrics
                                                                                                              1. Sustainable / Recycled Fabrics
                                                                                                              2. By Activity Type
                                                                                                                1. Hiking & Trekking Apparel
                                                                                                                  1. Camping & Adventure Travel Apparel
                                                                                                                    1. Running & Trail Running Apparel
                                                                                                                      1. Skiing & Snowboarding Apparel
                                                                                                                        1. Mountaineering Apparel
                                                                                                                          1. Cycling & Outdoor Fitness Apparel
                                                                                                                            1. Casual Outdoor / Athleisure Apparel
                                                                                                                            2. By Distribution Channel
                                                                                                                              1. Online Retail
                                                                                                                                1. Specialty Outdoor Stores
                                                                                                                                  1. Sporting Goods Retailers
                                                                                                                                    1. Brand-Owned Retail Stores
                                                                                                                                      1. Department Stores
                                                                                                                                    2. U.K.
                                                                                                                                      1. By Product Type
                                                                                                                                        1. Outerwear
                                                                                                                                          1. Topwear
                                                                                                                                            1. Bottomwear
                                                                                                                                              1. Layering Apparel
                                                                                                                                                1. Accessories
                                                                                                                                                2. By Material
                                                                                                                                                  1. Synthetic Fabrics
                                                                                                                                                    1. Natural Fabrics
                                                                                                                                                      1. Hybrid Technical Fabrics
                                                                                                                                                        1. Sustainable / Recycled Fabrics
                                                                                                                                                        2. By Activity Type
                                                                                                                                                          1. Hiking & Trekking Apparel
                                                                                                                                                            1. Camping & Adventure Travel Apparel
                                                                                                                                                              1. Running & Trail Running Apparel
                                                                                                                                                                1. Skiing & Snowboarding Apparel
                                                                                                                                                                  1. Mountaineering Apparel
                                                                                                                                                                    1. Cycling & Outdoor Fitness Apparel
                                                                                                                                                                      1. Casual Outdoor / Athleisure Apparel
                                                                                                                                                                      2. By Distribution Channel
                                                                                                                                                                        1. Online Retail
                                                                                                                                                                          1. Specialty Outdoor Stores
                                                                                                                                                                            1. Sporting Goods Retailers
                                                                                                                                                                              1. Brand-Owned Retail Stores
                                                                                                                                                                                1. Department Stores
                                                                                                                                                                              2. Germany
                                                                                                                                                                              3. France
                                                                                                                                                                              4. Spain
                                                                                                                                                                              5. Italy
                                                                                                                                                                              6. Russia
                                                                                                                                                                              7. Nordic
                                                                                                                                                                              8. Benelux
                                                                                                                                                                              9. Rest of Europe
                                                                                                                                                                            2. APAC
                                                                                                                                                                              1. Market Size and Forecast
                                                                                                                                                                                1. By Product Type
                                                                                                                                                                                  1. Outerwear
                                                                                                                                                                                    1. Topwear
                                                                                                                                                                                      1. Bottomwear
                                                                                                                                                                                        1. Layering Apparel
                                                                                                                                                                                          1. Accessories
                                                                                                                                                                                          2. By Material
                                                                                                                                                                                            1. Synthetic Fabrics
                                                                                                                                                                                              1. Natural Fabrics
                                                                                                                                                                                                1. Hybrid Technical Fabrics
                                                                                                                                                                                                  1. Sustainable / Recycled Fabrics
                                                                                                                                                                                                  2. By Activity Type
                                                                                                                                                                                                    1. Hiking & Trekking Apparel
                                                                                                                                                                                                      1. Camping & Adventure Travel Apparel
                                                                                                                                                                                                        1. Running & Trail Running Apparel
                                                                                                                                                                                                          1. Skiing & Snowboarding Apparel
                                                                                                                                                                                                            1. Mountaineering Apparel
                                                                                                                                                                                                              1. Cycling & Outdoor Fitness Apparel
                                                                                                                                                                                                                1. Casual Outdoor / Athleisure Apparel
                                                                                                                                                                                                                2. By Distribution Channel
                                                                                                                                                                                                                  1. Online Retail
                                                                                                                                                                                                                    1. Specialty Outdoor Stores
                                                                                                                                                                                                                      1. Sporting Goods Retailers
                                                                                                                                                                                                                        1. Brand-Owned Retail Stores
                                                                                                                                                                                                                          1. Department Stores
                                                                                                                                                                                                                        2. China
                                                                                                                                                                                                                          1. By Product Type
                                                                                                                                                                                                                            1. Outerwear
                                                                                                                                                                                                                              1. Topwear
                                                                                                                                                                                                                                1. Bottomwear
                                                                                                                                                                                                                                  1. Layering Apparel
                                                                                                                                                                                                                                    1. Accessories
                                                                                                                                                                                                                                    2. By Material
                                                                                                                                                                                                                                      1. Synthetic Fabrics
                                                                                                                                                                                                                                        1. Natural Fabrics
                                                                                                                                                                                                                                          1. Hybrid Technical Fabrics
                                                                                                                                                                                                                                            1. Sustainable / Recycled Fabrics
                                                                                                                                                                                                                                            2. By Activity Type
                                                                                                                                                                                                                                              1. Hiking & Trekking Apparel
                                                                                                                                                                                                                                                1. Camping & Adventure Travel Apparel
                                                                                                                                                                                                                                                  1. Running & Trail Running Apparel
                                                                                                                                                                                                                                                    1. Skiing & Snowboarding Apparel
                                                                                                                                                                                                                                                      1. Mountaineering Apparel
                                                                                                                                                                                                                                                        1. Cycling & Outdoor Fitness Apparel
                                                                                                                                                                                                                                                          1. Casual Outdoor / Athleisure Apparel
                                                                                                                                                                                                                                                          2. By Distribution Channel
                                                                                                                                                                                                                                                            1. Online Retail
                                                                                                                                                                                                                                                              1. Specialty Outdoor Stores
                                                                                                                                                                                                                                                                1. Sporting Goods Retailers
                                                                                                                                                                                                                                                                  1. Brand-Owned Retail Stores
                                                                                                                                                                                                                                                                    1. Department Stores
                                                                                                                                                                                                                                                                  2. Korea
                                                                                                                                                                                                                                                                  3. Japan
                                                                                                                                                                                                                                                                  4. India
                                                                                                                                                                                                                                                                  5. Australia
                                                                                                                                                                                                                                                                  6. Singapore
                                                                                                                                                                                                                                                                  7. Taiwan
                                                                                                                                                                                                                                                                  8. South East Asia
                                                                                                                                                                                                                                                                  9. Rest of Asia-Pacific
                                                                                                                                                                                                                                                                2. Middle East and Africa
                                                                                                                                                                                                                                                                  1. Market Size and Forecast
                                                                                                                                                                                                                                                                    1. By Product Type
                                                                                                                                                                                                                                                                      1. Outerwear
                                                                                                                                                                                                                                                                        1. Topwear
                                                                                                                                                                                                                                                                          1. Bottomwear
                                                                                                                                                                                                                                                                            1. Layering Apparel
                                                                                                                                                                                                                                                                              1. Accessories
                                                                                                                                                                                                                                                                              2. By Material
                                                                                                                                                                                                                                                                                1. Synthetic Fabrics
                                                                                                                                                                                                                                                                                  1. Natural Fabrics
                                                                                                                                                                                                                                                                                    1. Hybrid Technical Fabrics
                                                                                                                                                                                                                                                                                      1. Sustainable / Recycled Fabrics
                                                                                                                                                                                                                                                                                      2. By Activity Type
                                                                                                                                                                                                                                                                                        1. Hiking & Trekking Apparel
                                                                                                                                                                                                                                                                                          1. Camping & Adventure Travel Apparel
                                                                                                                                                                                                                                                                                            1. Running & Trail Running Apparel
                                                                                                                                                                                                                                                                                              1. Skiing & Snowboarding Apparel
                                                                                                                                                                                                                                                                                                1. Mountaineering Apparel
                                                                                                                                                                                                                                                                                                  1. Cycling & Outdoor Fitness Apparel
                                                                                                                                                                                                                                                                                                    1. Casual Outdoor / Athleisure Apparel
                                                                                                                                                                                                                                                                                                    2. By Distribution Channel
                                                                                                                                                                                                                                                                                                      1. Online Retail
                                                                                                                                                                                                                                                                                                        1. Specialty Outdoor Stores
                                                                                                                                                                                                                                                                                                          1. Sporting Goods Retailers
                                                                                                                                                                                                                                                                                                            1. Brand-Owned Retail Stores
                                                                                                                                                                                                                                                                                                              1. Department Stores
                                                                                                                                                                                                                                                                                                            2. UAE
                                                                                                                                                                                                                                                                                                              1. By Product Type
                                                                                                                                                                                                                                                                                                                1. Outerwear
                                                                                                                                                                                                                                                                                                                  1. Topwear
                                                                                                                                                                                                                                                                                                                    1. Bottomwear
                                                                                                                                                                                                                                                                                                                      1. Layering Apparel
                                                                                                                                                                                                                                                                                                                        1. Accessories
                                                                                                                                                                                                                                                                                                                        2. By Material
                                                                                                                                                                                                                                                                                                                          1. Synthetic Fabrics
                                                                                                                                                                                                                                                                                                                            1. Natural Fabrics
                                                                                                                                                                                                                                                                                                                              1. Hybrid Technical Fabrics
                                                                                                                                                                                                                                                                                                                                1. Sustainable / Recycled Fabrics
                                                                                                                                                                                                                                                                                                                                2. By Activity Type
                                                                                                                                                                                                                                                                                                                                  1. Hiking & Trekking Apparel
                                                                                                                                                                                                                                                                                                                                    1. Camping & Adventure Travel Apparel
                                                                                                                                                                                                                                                                                                                                      1. Running & Trail Running Apparel
                                                                                                                                                                                                                                                                                                                                        1. Skiing & Snowboarding Apparel
                                                                                                                                                                                                                                                                                                                                          1. Mountaineering Apparel
                                                                                                                                                                                                                                                                                                                                            1. Cycling & Outdoor Fitness Apparel
                                                                                                                                                                                                                                                                                                                                              1. Casual Outdoor / Athleisure Apparel
                                                                                                                                                                                                                                                                                                                                              2. By Distribution Channel
                                                                                                                                                                                                                                                                                                                                                1. Online Retail
                                                                                                                                                                                                                                                                                                                                                  1. Specialty Outdoor Stores
                                                                                                                                                                                                                                                                                                                                                    1. Sporting Goods Retailers
                                                                                                                                                                                                                                                                                                                                                      1. Brand-Owned Retail Stores
                                                                                                                                                                                                                                                                                                                                                        1. Department Stores
                                                                                                                                                                                                                                                                                                                                                      2. Turky
                                                                                                                                                                                                                                                                                                                                                      3. Saudi Arabia
                                                                                                                                                                                                                                                                                                                                                      4. South Africa
                                                                                                                                                                                                                                                                                                                                                      5. Egypt
                                                                                                                                                                                                                                                                                                                                                      6. Nigeria
                                                                                                                                                                                                                                                                                                                                                      7. Rest of MEA
                                                                                                                                                                                                                                                                                                                                                    2. LATAM
                                                                                                                                                                                                                                                                                                                                                      1. Market Size and Forecast
                                                                                                                                                                                                                                                                                                                                                        1. By Product Type
                                                                                                                                                                                                                                                                                                                                                          1. Outerwear
                                                                                                                                                                                                                                                                                                                                                            1. Topwear
                                                                                                                                                                                                                                                                                                                                                              1. Bottomwear
                                                                                                                                                                                                                                                                                                                                                                1. Layering Apparel
                                                                                                                                                                                                                                                                                                                                                                  1. Accessories
                                                                                                                                                                                                                                                                                                                                                                  2. By Material
                                                                                                                                                                                                                                                                                                                                                                    1. Synthetic Fabrics
                                                                                                                                                                                                                                                                                                                                                                      1. Natural Fabrics
                                                                                                                                                                                                                                                                                                                                                                        1. Hybrid Technical Fabrics
                                                                                                                                                                                                                                                                                                                                                                          1. Sustainable / Recycled Fabrics
                                                                                                                                                                                                                                                                                                                                                                          2. By Activity Type
                                                                                                                                                                                                                                                                                                                                                                            1. Hiking & Trekking Apparel
                                                                                                                                                                                                                                                                                                                                                                              1. Camping & Adventure Travel Apparel
                                                                                                                                                                                                                                                                                                                                                                                1. Running & Trail Running Apparel
                                                                                                                                                                                                                                                                                                                                                                                  1. Skiing & Snowboarding Apparel
                                                                                                                                                                                                                                                                                                                                                                                    1. Mountaineering Apparel
                                                                                                                                                                                                                                                                                                                                                                                      1. Cycling & Outdoor Fitness Apparel
                                                                                                                                                                                                                                                                                                                                                                                        1. Casual Outdoor / Athleisure Apparel
                                                                                                                                                                                                                                                                                                                                                                                        2. By Distribution Channel
                                                                                                                                                                                                                                                                                                                                                                                          1. Online Retail
                                                                                                                                                                                                                                                                                                                                                                                            1. Specialty Outdoor Stores
                                                                                                                                                                                                                                                                                                                                                                                              1. Sporting Goods Retailers
                                                                                                                                                                                                                                                                                                                                                                                                1. Brand-Owned Retail Stores
                                                                                                                                                                                                                                                                                                                                                                                                  1. Department Stores
                                                                                                                                                                                                                                                                                                                                                                                                2. Brazil
                                                                                                                                                                                                                                                                                                                                                                                                  1. By Product Type
                                                                                                                                                                                                                                                                                                                                                                                                    1. Outerwear
                                                                                                                                                                                                                                                                                                                                                                                                      1. Topwear
                                                                                                                                                                                                                                                                                                                                                                                                        1. Bottomwear
                                                                                                                                                                                                                                                                                                                                                                                                          1. Layering Apparel
                                                                                                                                                                                                                                                                                                                                                                                                            1. Accessories
                                                                                                                                                                                                                                                                                                                                                                                                            2. By Material
                                                                                                                                                                                                                                                                                                                                                                                                              1. Synthetic Fabrics
                                                                                                                                                                                                                                                                                                                                                                                                                1. Natural Fabrics
                                                                                                                                                                                                                                                                                                                                                                                                                  1. Hybrid Technical Fabrics
                                                                                                                                                                                                                                                                                                                                                                                                                    1. Sustainable / Recycled Fabrics
                                                                                                                                                                                                                                                                                                                                                                                                                    2. By Activity Type
                                                                                                                                                                                                                                                                                                                                                                                                                      1. Hiking & Trekking Apparel
                                                                                                                                                                                                                                                                                                                                                                                                                        1. Camping & Adventure Travel Apparel
                                                                                                                                                                                                                                                                                                                                                                                                                          1. Running & Trail Running Apparel
                                                                                                                                                                                                                                                                                                                                                                                                                            1. Skiing & Snowboarding Apparel
                                                                                                                                                                                                                                                                                                                                                                                                                              1. Mountaineering Apparel
                                                                                                                                                                                                                                                                                                                                                                                                                                1. Cycling & Outdoor Fitness Apparel
                                                                                                                                                                                                                                                                                                                                                                                                                                  1. Casual Outdoor / Athleisure Apparel
                                                                                                                                                                                                                                                                                                                                                                                                                                  2. By Distribution Channel
                                                                                                                                                                                                                                                                                                                                                                                                                                    1. Online Retail
                                                                                                                                                                                                                                                                                                                                                                                                                                      1. Specialty Outdoor Stores
                                                                                                                                                                                                                                                                                                                                                                                                                                        1. Sporting Goods Retailers
                                                                                                                                                                                                                                                                                                                                                                                                                                          1. Brand-Owned Retail Stores
                                                                                                                                                                                                                                                                                                                                                                                                                                            1. Department Stores
                                                                                                                                                                                                                                                                                                                                                                                                                                          2. Mexico
                                                                                                                                                                                                                                                                                                                                                                                                                                          3. Argentina
                                                                                                                                                                                                                                                                                                                                                                                                                                          4. Chile
                                                                                                                                                                                                                                                                                                                                                                                                                                          5. Colombia
                                                                                                                                                                                                                                                                                                                                                                                                                                          6. Rest of LATAM
                                                                                                                                                                                                                                                                                                                                                                                                                                      2. Competitive Landscape, 2025
                                                                                                                                                                                                                                                                                                                                                                                                                                        1. Introduction
                                                                                                                                                                                                                                                                                                                                                                                                                                        2. Women Outdoor Apparel Market Share Analysis, 2025 (%)
                                                                                                                                                                                                                                                                                                                                                                                                                                          1. Market Share Analysis, 2025
                                                                                                                                                                                                                                                                                                                                                                                                                                          2. Competition Ranking, 2025
                                                                                                                                                                                                                                                                                                                                                                                                                                          3. Key Developments & Growth Strategies
                                                                                                                                                                                                                                                                                                                                                                                                                                            1. Merger & Acquisition
                                                                                                                                                                                                                                                                                                                                                                                                                                            2. Product Launch
                                                                                                                                                                                                                                                                                                                                                                                                                                            3. Expansion
                                                                                                                                                                                                                                                                                                                                                                                                                                          4. Consolidated SWOT Analysis of Key Players
                                                                                                                                                                                                                                                                                                                                                                                                                                      3. Company Profile
                                                                                                                                                                                                                                                                                                                                                                                                                                        1. VF Corporation
                                                                                                                                                                                                                                                                                                                                                                                                                                          1. Business Overview
                                                                                                                                                                                                                                                                                                                                                                                                                                          2. Financial Data
                                                                                                                                                                                                                                                                                                                                                                                                                                          3. Key Product domains
                                                                                                                                                                                                                                                                                                                                                                                                                                          4. Recent Developments
                                                                                                                                                                                                                                                                                                                                                                                                                                        2. Patagonia Inc.
                                                                                                                                                                                                                                                                                                                                                                                                                                        3. Columbia Sportswear Company
                                                                                                                                                                                                                                                                                                                                                                                                                                        4. Arc’teryx Equipment Inc.
                                                                                                                                                                                                                                                                                                                                                                                                                                        5. Nike, Inc.
                                                                                                                                                                                                                                                                                                                                                                                                                                        6. Adidas AG
                                                                                                                                                                                                                                                                                                                                                                                                                                        7. Helly Hansen AS
                                                                                                                                                                                                                                                                                                                                                                                                                                        8. Jack Wolfskin GmbH & Co. KGaA
                                                                                                                                                                                                                                                                                                                                                                                                                                        9. Mammut Sports Group AG
                                                                                                                                                                                                                                                                                                                                                                                                                                        10. Fjällräven (Fenix Outdoor International AG)