All Snowsports articles – Page 23
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News briefsHelly Hansen generates strong wholesale, ecomm sales for Canadian Tire
Third quarter sales for Helly Hansen, the Norwegian outdoor brand owned by Canadian Tire, rose 28.2 percent to Canadian $219.2 million (€148.7m) from C$148.7 million. Sales outside of Canada increased by 32 percent to C$199.1 million (€135.1m) from C$150.9 million. Nine-month brand sales were C$563.2 million (€382.1m), with 92 percent ...
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News briefsThis Black Friday, Naturkompaniet opens second-hand departments in four stores
Swedish outdoor retail chain Naturkompaniet is starting to open second-hand departments for a wide range of used products from different brands. Naturkompaniet has 36 stores throughout Sweden, and four of them will offer high-quality second-hand outdoor clothing and equipment from Nov. 24, 2023. The first stores to introduce the concept ...
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News briefsKask launches new website, goes multi-channel
On Nov. 8, Italian manufacturer Kask launched its new website with a new interface design and many new functions, including the brand’s first online store. The new website is available in five languages (Italian, English, French, Spanish and German) and is divided into sections for cycling, winter sports and equestrian ...
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ArticleNorrøna opens new headquarters in Lysaker
Norrøna, the Norwegian family-owned outdoor apparel and adventure travel company, unveiled its brand new global headquarters in Lysaker, Norway, on Nov. 8. The brand welcomed a host of international guests to the opening of the 3,000-sqm building, which includes Norrøna’s largest and most immersive store to date, a flexible, modern ...
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News briefsRevolution Race’s Q1 net rises 36% on strong sales growth
Fueled by 44 percent growth in its Rest of World region, the Swedish DTC outdoor company Revolution Race (RVRC) generated 24 percent revenue growth to 342 Swedish kroner (€29.2m) for its first quarter ended Sep. 30. Adjusted Ebit, excluding SEK 12 million in costs related to an incentive program, improved ...
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News briefsNew Wave's operating profit dips despite 5% sales growth
New Wave Group reported a 10.9 percent decline in Q3 net profit to 270.9 million Swedish kroner (€23.2m) from SEK 304.0m for the three months ended Sep. 30. Period operating profit declined by 4.2 percent to SEK 381.1 million (€32.6m) despite 5 percent revenue growth to SEK 2.34 billion (€199.8m) ...
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ArticleClarus cuts FY guidance again after Q3 sales slip 14%
Clarus Corp. cut its full-year guidance for a second time after sales in the third quarter slipped by a reported 14 percent to $100.1 million and were 13 percent lower at constant currency rates. “Looking towards the fourth quarter, our priorities remain set on seeking the stabilization of sales and ...
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ArticleSOG gains importance after the pandemic: “What we do generates interest”
Source: SOG David Nordblad In the wake of the pandemic, David Nordblad started in the role of Secretary General for the Scandinavian Outdoor Group (SOG). Since then, he has been occupied with various responsibilities, and he notes a sustained interest in joining the organization. In fact, SOG ...
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News briefsCraghoppers partners with British conservation charity
British outdoor clothing brand Craghoppers has collaborated with the independent conservation charity, the National Trust, to create a sustainable clothing collection launching in AW24. Inspired by the countryside under the National Trust’s care across England, Wales and Northern Ireland, the collection’s color palettes are designed to reflect a crisp autumn, ...
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News briefsVaude receives Reuters Business Transformation Award
German outdoor outfitter Vaude has won the internationally coveted Business Transformation Award 2023, which honors the world’s best companies committed to sustainability. Hilke Patzwall, Vaude Sustainability Manager, and Jan Lorch, Vaude Managing Director Sales & CSR, accepted the award in London on Nov. 1. They made the long journey from ...
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ArticlePolartec announces Apex Award winners 2023
Polartec has announced the winners of the Polartec Apex Awards 2023. The annual design award recognizes brands and designers that embody Polartec’s Made To Go Beyond ethos. The winning garments – selected from hundreds of entries that improve the lives of those who wear them – embody ...
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News briefsReorganization at Ortovox with new, six-person Executive Board
After Ortovox expanded to a three-person management team in February 2022 “to adapt processes to the changing market conditions,” the German mountain sports specialist has now decided to focus on more streamlined structures (for almost the same reasons – “to meet the changing market conditions and the diverse challenges”). As ...
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News briefsRab and Lowe Alpine with new distribution partner in Austria
Source: Ibex Thomas Span With the start of the HW24 sell-in season, the Austrian specialist retail partners of the British Equip brands Rab and Lowe Alpine will be supported by Ibex Sportartikel GmbH, led by Thomas Span. Ibex brings many years of industry knowledge and a great ...
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ArticleVSSÖ: Austria’s outdoor market remains stable
Despite the economic challenges in the 2022/2023 season, the Austrian outdoor industry was able to maintain its sales at a high level according to the latest market figures published by ARGE Outdoor (the specialized interest group of the Austrian outdoor sporting goods industry, which was founded in January 2023 and ...
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News briefsBerghaus launches “Cold Studies” marketing campaign
British outdoor brand Berghaus, part of Pentland Brands, has launched a new campaign to promote its latest collection of insulated apparel, timed alongside the launch of its new autumn/winter range. Dubbed “Cold Studies,” the new long-term platform is meant to inspire outdoor enthusiasts to seek out cold-weather adventures while also ...
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News briefsAdidas chooses Terrex as label for skiwear from Adidas by Stella McCartney
Source: Adidas Terrex Iris Law presents the first ever Adidas by Stella Mccartney ski collection Now in the eighteenth year of the collaboration, Adidas by Stella McCartney is venturing into the snowsports arena with a new ski wear collection that will be marketed under Terrex, Adidas’ Outdoor ...
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News briefsCoDi’s large premium for Marucci will benefit the business
Compass Diversified’s decision to divest its Marucci Sports business to Fox Factory for $572 million after purchasing the brand for $200 million in 2020 will help the company reduce its cost of capital and give it “greater ability to increase shareholder returns,” it said in a statement. In Q3 ...
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News briefsPatagonia collaboration brings repairs to the UK
Patagonia has once again teamed up with United Repair Centre, to open a new repair center in London, handling its UK repairs business. The newly-opened location is also in collaboration with the social enterprise, Fashion-Enter. The UK-based center is the second of its kind, with a repair center opened in ...
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ArticleVista Outdoor will prioritize debt reduction ahead of vote on Sporting Products divestiture
Vista Outdoor, which agreed in mid-October to sell its Sporting Products business to Czechoslovak Group a.s. (CSG) for an enterprise value of $1.91 billion, says it will continue to prioritize debt reduction ahead of a vote by shareholders to approve the sale. The company finished Q2 on Sept. 24 with ...
