All Article articles – Page 29
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ArticleLevi Ski Resort: Leading the way with snow security and superior service
Snow reliability is the paramount competitive factor for Levi, a ski resort in Finland. Find out how industry cooperation and innovations are securing the future of the resort.
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ArticleThe North Face, EMEA stronger in ‘challenging’ VF quarter
VF Corp., whose current portfolio includes The North Face (TNF), Vans, Timberland and Dickies, among others, initiated a strategic review of its brand assets after reporting disappointing Q3 results “across the board” that included double-digits declines in total sales, wholesale revenues and for three of its main brands. The group, ...
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ArticleIcebreaker is 96.14% plastic-free, last 4% to follow soon
Source: Icebreaker Since 2018, the Icebreaker brand, which was founded in New Zealand in 1995, has been pursuing the goal of banning all synthetic fibers from its collection under the motto “Plastic-free by 23”. Six years later, the Merino pioneer has to admit that the ambitious goal ...
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ArticleIGOT invites applications for new grant opportunity round
It’s Great Out There Coalition’s grant opportunity round opens for grassroots outdoor organizations.
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ArticleCIE CEO Kevin Mayne to retire later this year
Kevin Mayne, founding CEO and not only “the voice” of the Brussels-based trade and industry association Cycling Industries Europe (CIE), but here and there also of the entire bicycle industry, has announced his retirement this year. Mayne is considered one of the most visible political figures in the cycling industry. ...
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ArticleSalomon presents first recyclable winter sports helmet
After four years of development, Salomon presented a ski and snowboard helmet that can be fully recycled at the end of its life. The new Brigade Index is made from polyolefins, a family of flexible and durable thermoplastics that can be recycled into plastic-based items such as flower pots or ...
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ArticleVista Outdoor posts Q3 loss, but Revelyst inventory improves
Vista Outdoor´s operating loss was $180.0 million against a profit of $96.7 million for the period ended Dec. 24. The net loss was $148.2 million against a profit of $65.1 million as gross margin slid by 190 basis points to 29.7 percent from 31.6 percent. Total sales fell 9.6 percent ...
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ArticleDeckers reports strong results, raises guidance and names new CEO
Bolstered by strong Q3 gains in the DTC channel, Deckers Brands has reported 35 percent operating income growth, 16 percent revenue expansion on a reported basis, and a 570-basis-point increase in gross margin for the period ended Dec. 31. With the strong results, the Ugg and Hoka parent raised its ...
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ArticleSea to Summit acquires Cirdan, bolsters presence in Scandinavia
Australian adventure brand Sea to Summit Pty Ltd has announced the acquisition of Cirdan AS, its current distribution partner in Norway, Sweden and Finland, effective Feb. 1, 2024. Cirdan has a head office in Lorenskog, Norway, a sales office in Stockholm, Sweden, and an agent office in Helsinki, Finland and ...
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ArticleProwinter 2024 scores with increased internationality and first concurrent ski test
The 24th Prowinter took place in Bolzano, Italy, at the beginning of January, extended to 3 days and for the first time with a parallel ski test. We attended the trade show to find out whether it has the potential to become the new meeting place for the Central European ski industry.
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ArticleRevelyst provides ‘GEAR Up’ transformation update, closes offices and consolidates teams
Revelyst, the segment of Vista Outdoor Inc. that will become a stand-alone public company later this year, announced an update on its “GEAR Up” transformation initiative (the title refers to the future ticker name “GEAR” of Revelyst on the New York Stock Exchange). As part of the spin-off process, Revelyst ...
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ArticleBelgian-German partnership for large-scale production of thermoplastic carbon bicycle frames
The young Belgian carbon frame expert REIN4CED N.V. has announced a closer strategic partnership with the German mechanical and plant engineering expert Dieffenbacher GmbH Maschinen- und Anlagenbau to accelerate the large-scale production of thermoplastic carbon bicycle frames. The partnership aims to deepen the integration of product and machinery development. This ...
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ArticleAccell Group relocates production and cuts jobs
After announcing the relocation of the production of the German Accell brand Ghost in Waldsassen to the Accell production sites Accell Hunland Kft. in Hungary and Accell Bisiklet Sanayi ve Ticaret A.S. in Turkey late last year, the Accell Group is now planning further measures to streamline the operating model ...
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ArticleBrose E-Bike with two new service partners in five markets
Brose Antriebstechnik GmbH & Co. KG, which now has its e-bike systems used by over 30 bicycle manufacturers worldwide, is expanding its global service network step by step. The Berlin-based company is announcing two new partners at the start of 2024, who will now also ensure the smooth handling of ...
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ArticleStrong Asia-Pacific sales bolster Canada Goose in Q3
Increased demand for luxury goods in China contributed to a reported 62 percent increase in Asia-Pacific sales at Canada Goose to C$270.7 million (€186.3m) for the third quarter ended Dec. 31. All other geographies posted double-digit declines in sales, including a 26 percent decline in the EMEA to C$86.8 million ...
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ArticleColumbia sees ‘challenging’ year, sets profit and growth plan
With a warm winter and a difficult US marketplace to contend with in its seasonally strong final quarter of the year, Columbia Sportswear reported a 27 percent drop in operating income to $113.1 million from $155.4 million and a 9 percent decline in total revenues to $1.06 billion from $1.17 ...
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ArticleUnifi announces profitability improvement plan, executive promotions
Unifi, a Greensboro, North Carolina-based manufacturer of recycled and synthetic yarns, including Repreve, announced that it has begun implementing a new Profitability Improvement Plan focused on further reducing the company’s costs, streamlining operations and investing in innovation. Unifi’s Profitability Improvement Plan includes a cost reserve and workforce reduction that is ...
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ArticleDometic posts improved profitability, lower Q4 sales
In a seasonally weak quarter where most retail customers worked to get their inventory levels in line, Dometic reported an 89 percent increase in net income to 51 Swedish kroner (€4.5m) despite a 13.7 percent drop in revenues to SEK 5,327 million (€471.7m). The Q4 operating profit dipped 1.5 percent ...
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ArticleYeti acquires Mystery Ranch
Texas-based outdoor company Yeti Holdings, Inc., maker of coolers, hydration solutions and bags, has signed an agreement to acquire Montana-based backpack specialist Mystery Ranch. “[Mystery Ranch’s] ethos, passion and people not only align with the Yeti team, but also connect well with our commitment to innovation and our customers,” commented ...
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ArticleExhibitor numbers at Texworld Evolution Paris exceed pre-Covid figures
Texworld Evolution Paris will take place at Porte de Versailles in the French capital city on Feb. 5-7, and this first edition of 2024 has been announced as a record edition. With 1,260 exhibitors expected to showcase, of which 500 are from China alone, the upcoming event will surpass the ...
