All Snowsports articles – Page 17
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Article
Fjällräven recognized as Sweden’s most sustainable brand for fifth consecutive time
For the fifth time in a row, Fjällräven is perceived by Swedish consumers as the country’s most sustainable brand in the “Clothing and Fashion” category in the Sustainable Brand Index 2024. With the help of 80,000 consumers in eight countries, the Sustainable Brand Index measures and analyzes ...
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Article
New Global Sustainability Manager at Elevate Outdoor Collective
Source: EOC Michael Knye, Global Sustainability Manager at Elevate Outdoor Collective (EOC) Elevate Outdoor Collective (EOC), the umbrella organization for twelve outdoor and winter sports brands, including Völkl, Dalbello and Marker, appointed Michael Knye as the company’s first Global Sustainability Manager. Effective March 1, 2024, Knye is ...
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News briefs
Odlo ReWear successfully established
As part of Odlo’s ReWear program, used garments can be returned to selected Odlo stores in Germany, Austria, and Switzerland to give them a new life. The program is based on taking back, repairing, and reselling used clothing and is a further effort by Odlo to reduce the sports industry’s ...
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Article
Slump in sales of bike helmets causes two-digit drop in Mips’ 2023 results
The Swedish supplier of safety technology for helmets, Mips AB, closed FY 2023 with a 37 percent decline in sales (39 percent adjusted for currency effects) compared to the previous year and achieved total sales of SEK 357 million (€31.20m). According to the company, the double-digit drop in sales is ...
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News briefs
66° North appoints Strategy and Business Development Director
Source: 66° North Josefine Laigaard 66° North, the Iceland-based sustainable outerwear brand, has announced the appointment of Josefine Laigaard as Strategy and Business Development Director. She will work in the brand’s new satellite head office in Copenhagen and “will play an integral role” in the company’s expansion ...
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News briefs
Recco enters into strategic partnership with Alpine Club of Canada
Recco has entered into a strategic partnership with the Alpine Club of Canada (ACC). The partnership will enhance the safety of the ACC volunteer network, educate the ACC community at large about backcountry safety and findability, and contribute to Recco’s mission of enabling findability for all backcountry users. Headquartered in ...
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News briefs
Schöffel-Lowa opens 41st store
A new Schöffel-Lowa store has been integrated into one of the two Intersport branches of retailer Schuh und Sport Haaf in Breisach am Rhein, a German town on the Franco-German border. The two Schuh und Sport Haaf stores, which were reopened opposite each other after renovation, offer a wide range ...
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News briefs
Second Bergans outlet store in Germany opened
Source: Bergans Bergans of Norway has opened its second outlet store in Germany. In addition to the Designer Outlet Soltau, where Bergans has been operating for over 12 years, the Norwegian outdoor brand has opened a new store in the Designer Outlet Neumünster on Friday, March 15. ...
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News briefs
Under Armour design chief returns to Black Diamond as Creative Director
Source: Black Diamond Kasey Jarvis Black Diamond Equipment, a brand under the umbrella of Clarus Corp., has appointed Kasey Jarvis as Creative Director for the brand. Jarvis most recently served as Chief Design and Development Officer at Under Armour, where he led the establishment of the visual ...
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Article
Buff revises revenues for FY 2022-23
Buff, as Palco23 reported back in September, reported consolidated revenues of €48.2 million for its full year 2023, which ended last April. Buff has since revised the figure to €47.8 million, as the same source reported in February. Either way, there was a decline from the €49.6 million of FY ...
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Article
Slimmed down Clarus focused on outdoor, adventure
Having completed the divestiture of its former Precision Sport business on Feb. 29, Clarus Corp., the parent of Black Diamond, Rhino-Rack, Maxtrax and Tred Outdoors, says it has taken important steps to realign its brands and inventory levels and position its business for “long-term profitable growth as a pure-play, ...
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Article
PrimaLoft drops two new high-performance down alternatives
PrimaLoft, Inc. has expanded its range of synthetic down alternatives. PrimaLoft Insulation ThermoPlume+ and PrimaLoft Insulation RISE Loose Fill are the latest products that, according to PrimaLoft, combine the performance and aesthetics of natural down with the benefits of PrimaLoft synthetic fibers, all in a sustainable chassis case. Brands such ...
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News briefs
Naturkompaniet acquires Regntøyspesialisten
As part of its further expansion in Norway, the Sweden-headquartered outdoor retail chain Naturkompaniet has acquired 100 percent of the shares in Regntøyspesialisten AS in Kristiansand. The acquisition is part of Naturkompaniet’s strategy to expand its offering and strengthen its position in the outdoor industry in Norway. Naturkompaniet is a ...
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Article
Arc’teryx helps Amer Sports grow sales in first quarter as public company
Thirty-four days after raising $1.365 billion in an NYSE IPO, Amer Sports conducted its first earnings call as a public company yesterday. While the Arc’teryx, Salomon and Peak Performance parent delivered Q4 revenues some $20 million above expectations, the quarterly loss was wider than expected. Amre’s shares finished the trading ...
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News briefs
Arc’teryx’s Covent Garden flagship now open
Arc’teryx opened its new flagship store in London, announced last year, on Feb. 29. The store is located in a refurbished landmark building at 41-42 King Street in Covent Garden and spans 740 square meters. It offers a wide range of technical equipment, footwear and accessories for trail running, climbing, ...
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Article
Vista Outdoor rejects unsolicited offer from MNC Capital
Vista Outdoor announced on the morning of March 4, 2024 that its Board of Directors, after consultation with its financial and legal advisors, has rejected the unsolicited expression of interest from MNC Capital in which MNC expressed an interest in acquiring Vista Outdoor in a cash transaction for $35 per ...
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Article
Major progress in ski boot recycling; collaboration must be next
Source: Dalbello Dalbello LIFE ReSkiBoot Italian ski boot brand Dalbello celebrated the conclusion of its EU-funded LIFE ReSkiBoot project this February. The stated aim of this LIFE project was to produce and market 1,000 high-quality, competitive ski boots made from around 90 percent recycled secondary raw materials. ...
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Article
Vista Outdoor receives takeover bid of $2.9bn for entire group
Vista Outdoor unveiled it has received an offer of $35 per share in cash from the investment firm MNC Capital on Feb. 19, 2024, corresponding to a valuation of $2.9 billion including debt. The offer was made for the entire group, i.e., both the Outdoor business, soon to be listed ...
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News briefs
Odlo migrates online business to Scayle
Sportswear brand Odlo has chosen Scayle’s enterprise commerce platform to future-proof its online business. The launch of Odlo’s new online presence is planned for early 2025. The move to Scayle will provide the Swiss-based functional apparel manufacturer with a flexible and expandable e-commerce platform optimized for B2C brands and retailers. ...
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Article
CoDi believes inventory will become tailwind in 2024
After a difficult 2023, where inventory destocking negatively impacted results at its four outdoor-related businesses, Compass Diversified (CoDi) is banking on a “much higher level of growth” for many of its consumer businesses this year. Additionally, the group, which has eyes on more companies and brands in its portfolio, says ...