All Snowsports articles – Page 19
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ArticleThule Group coped not too badly with challenging FY
Swedish Thule Group AB ended the challenging financial year with a year-on-year decline in sales of 9.9 percent to total sales of 9.13 billion Swedish kronor (€804.71 million), an operating result of SEK 1.51 billion (€133.08m, -11.8 percent) and a net profit decline of 13.8 percent to SEK 1.10 billion ...
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ArticleMips with poor 2023, but bike helmet orders are growing
2023 was a challenging year for helmet safety technology provider Mips AB, mainly due to the bicycle helmet category, which was affected by high inventory levels and a drop in demand. The only ray of hope: incoming orders for this very category picked back up for the first time in ...
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ArticleGoPro counts on some wins despite Q4 and FY losses
GoPro is increasing its retail presence and product range while ramping up its brand exposure at global sporting events, despite reporting Q4 and FY23 operating losses and declines in revenues. Ten months since launching a multi-year growth strategy, the group says it can count on some wins despite the reported ...
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ArticleUSWE fails to meet Q3 target, strategic focus on North American distribution channels
USWE Sports AB, the Swedish parent company of USWE, Void Cycling and Giant Loop, reported a positive Ebitda in the last two quarters but missed this target in the third quarter (October-December) with an Ebitda of -1.4 million Swedish kroner (€-123,908). For the first nine months of the financial year ...
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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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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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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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News briefsSuccessful second edition of the Winter Business Days in Italy
The second edition of the Italian Winter Business Days (WBDAYS), the winter version of the Outdoor & Running Business Days (ORBDAYS), featured the products of more than 50 exhibitors and 90 brands, up from 80 brands in the first edition. The event, organized by the media group MagNet, attracted more ...
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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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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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News briefsRVRC’s Q2 sales, net increase double-digits
Swedish DTC outdoor company Revolution Race (RVRC), bolstered by double-digit sales increases in both the DACH and the Rest of the World regions, achieved double-digit sales, Ebit and net income increase for its Q2 ended Dec. 31. RVRC realized a 36 percent year-over-year gain in operating profit (Ebit) to 143 ...
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ArticleTernua Group has optimized, will now consolidate
Ternua Group has ended 2023 with a 10 percent increase in sales, from €31.5 million to €34.7 million, or just shy of its projected €35 million, according to Modaes. “We began the year with good prospects in terms of both replenishments and direct activity,” explained CEO Jokin Umerez. He said ...
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News briefsNew CTO at Fenix Outdoor
Source: Fenix Outdoor Eefje Jacques Fenix Outdoor has announced that its CIO Jan Lindmark will retire on April 1, 2024, while remaining with the group as an external consultant. Lindmark joined Stockholm-based Fenix Outdoor in August 2022 and led an overhaul of the company’s technical department, establishing ...
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ArticlePatagonia Worn Wear Snow Tour back on the road in Europe in 2024
Patagonia’s Worn Wear Snow Tour is back this winter to tour the wintry landscapes of Europe. From France to the UK, from Italy to Austria and Germany, the rolling workshop is back to repair outdoor clothing of all brands free of charge, extending the life of your beloved gear. They ...
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News briefsSustainable Deuter Infiniti series with new winter products
As part of its sustainability strategy, the German outdoor brand Deuter reached an important milestone in the summer of 2021 with the the Infiniti series: Only residual materials left over from the manufacture of other Deuter products are used to produce this limited series. It is therefore not only particularly ...
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News briefsCourt approves reorganization plan for Swedemount Sportswear & Fashion
On Jan. 26, 2024, the District Court of Gothenburg decided to approve the reorganization plan for Swedemount Sportswear & Fashion AB. The majority of the company’s suppliers and creditor groups voted in favor of approving the restructuring plan. “We look forward to further expanding our cooperation in the future,” said ...
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OpinionRecap: The British Snowsports trade show Slide/OTS Winter
Telford hosted the British Snowsports trade show Slide/OTS Winter again, but this time with MCS (who provide the back-office services for the Outdoor Industries Association) in the organizer role. Imagine a smaller version of ISPO – but with the snow, brands included and a lower price for being there. A ...
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ArticleNew Head of Finance at Vaude
Melissa Wach is the latest member of Vaude’s management board. She joined the company in December and is responsible for the finance department. Wach has taken over the role of CFO from Erwin Gutensohn, who has retired. He successfully shaped financial management at Vaude for over 30 years and laid ...
