All Snowsports articles – Page 32
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News briefsBurton organizes fourth A Day for Jake snowboarding festival
For the fourth time, Burton is inviting snowboarders across the globe and in eight participating winter sports resorts in Europe to celebrate the legacy of Burton’s founder Jake Burton Carpenter (who passed away in November 2019). In-person or digital activities are planned for March 11, 2023 in the respective resorts ...
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ArticleCompass Diversified branded results impacted by PrimaLoft
Net income from continuing operations in Compass Diversified’s (CoDi) branded consumer companies related to sports, outdoor and apparel (5.11 Tactical, Boa, Marucci Sports, PrimaLoft, and Velocity Outdoor) declined by 81 percent to $2.79 million from $14.73 million in Q4, negatively impacted by operating losses at both PrimaLoft and Velocity Outdoor. ...
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News briefsMyClimate initiative for net zero travel on the growth path
With its eco-travel initiative “Cause We Care”, Swiss company MyClimate is offering various climate protection measures to tourists and companies like hotels and destinations. The project aims to minimize CO2 emissions related to travel and outdoor sports like skiing, biking or hiking at the local level, supporting climate protection locally. ...
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News briefsVibram partners with longtime collaborator
To bring some new production techniques “in house,” Vibram has signed a deal with Suolificio Negro, a Spanish specialist in soles and midsole-foam manufacturing for the outdoor and ski markets. According to a report in Diffusion Sport, the resulting products will be sold under the Vibram brand. The deal is ...
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News briefsNew report questions sponsor choices in winter sports
A new report by Badvertising has sought to draw attention to the sponsorship of winter sporting events by what it calls “high-carbon” companies, alongside documenting the effects of climate change on the winter sports sector. The report writers use the example of Sweden’s Vasaloppet – the world’s biggest and oldest ...
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ArticleNon-cash impairment charge drags Clarus to Q4 loss
Clarus Corp., whose management described 2022 as one of its most challenging years due to various macroeconomic headwinds, reported a net loss of $81.6 million against a profit of $14.0 million in Q4 ended Dec. 31. The result was impacted by a $92.3 million non-cash impairment charge. The fourth quarter ...
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News briefsSecond European Adidas Terrex store opened in Salzburg
Adidas Terrex has opened its second concept store in Europe in Salzburg’s historic pedestrian zone, following the premiere of the specialist retail project in Munich in 2021. The new store is less than half the size of its Munich counterpart (176 sqm vs. 370 sqm) but carries the complete collections ...
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News briefsSchöffel rearranges and shrinks its top management, Felix Geiger leaves
Felix Geiger, CFO of German brand Schöffel, will leave the company by end of March. Geiger joined Schöffel in Dec. 2014 and took over the professional business unit of the company in Sept. 2021. As a group CFO, he is currently responsible for the financial area of the specialist for ...
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News briefsFelix Neureuther joins Lowa as brand ambassador
Source: Schöffel Felix Neureuther Former German ski racer Felix Neureuther has signed a contract as brand ambassador with German footwear brand Lowa. The new partnership will have two focus points: sustainability and the Lowa kids’ collection. Neureuther is a father of three and founder of the Felix ...
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News briefsHelly Hansen revenues increase by 21% in 2022
Annual revenues for Helly Hansen, the Norwegian outdoor brand owned by Canadian Tire, were C$781.2 million (€571.1m) versus C$644.9 million. An estimated 91 percent of Helly Hansen’s sales total, or C$710.7 million (€519.6m), was generated in markets outside of Canada. That represented a 20 percent year-over-year increase. Meanwhile, Canadian Tire ...
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ArticleExecutive promotions at Outdoor Research
The Seattle-based outdoor apparel and equipment manufacturer Outdoor Research (OR) has promoted three department heads to new leadership positions. Katarzyna Schoewe has been promoted to vice president of design and product innovation, Chris King to vice president of brand creative, and Alex Lauver to senior director of materials innovation and ...
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News briefsSalomon publishes first impact report
Following its sister company Atomic’s impact statement, Salomon has also published its first-ever annual sustainability report. After a full carbon inventory, the French brand’s science-based targets have been officially approved for 2022 (aiming for a 50 percent absolute reduction in Scope 1 & 2 carbon emissions and a 30 percent ...
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ArticleUpdated PFAS restrictions list published by ECHA
On its website, the European Chemicals Agency (ECHA) published updates on current restrictions on the production, sale and use of more than 10,000 per- and poly-fluoroalkyl substances (PFAS) proposed by Danish, German, Swedish, Dutch and Norwegian authorities last month. Taken together, the agencies estimate that an additional 4.4 million metric ...
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News briefsPolartec’s owner announces new leadership structure
Milliken & Company has promoted Ramesh Kesh and Eric Yung, two long-time employees, to new roles and responsibilities. In addition to his position as senior vice president of Milliken & Company, Kesh will now also oversee all Polartec business units, as well as the government and defense business units. Kesh ...
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ArticleNew OIA study: How to save money and reduce emissions
Five members of the U.S. Outdoor Industry Association’s (OIA) climate action corps have now released the results of a jointly commissioned study on the feasibility of electrifying the textile and apparel industry. Burton, New Balance, Patagonia, REI Co-op and W.L. Gore’s fabrics division partnered with the OIA for the study, ...
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ArticleBicycle market slowdown brings Mips’ otherwise good fiscal year 2022 results down
In the fourth quarter of the 2022 fiscal year alone, Swedish “Brain Protection System” innovator Mips AB had to digest a 46 percent sales drop compared to the last three months of the previous year, down to SEK 107 million (€9.60 million – adjusted for currency effects, minus 53 percent).
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ArticleToo slow, too limited: POW publishes open letter to FIS urging climate action
In an open letter delivered to the International Ski and Snowboard Federation (FIS) in Chourchevel following the men’s downhill finals on Feb 12, 2023, Protect Our Winters (POW) has called for greater climate action and transparency from the FIS.
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News briefsNewell Brands’ outdoor & recreation segment widens Q4 loss
The business unit, which includes CampingGaz, Coleman, Marmot and Ex-Officio, recorded a $14 million operating loss against a loss of $1 million for the period ended Dec. 31. Total segment sales fell by 21 percent to $211 million from $304 million because of unfavorable currency conversion impact and the exit ...
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ArticleNew president and CEO to come at Thule
The Thule Group AB will be making Matthias Ankarberg – a member of the Thule Group board since 2018 – its president and CEO no later than Aug. 9. Ankarberg will be joining Thule from his current position as CEO of Byggmax Group. His former positions include global sales and ...
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News briefsSeventh French Outdoor Awards: winners 2023 announced
Now in its seventh year, the French outdoor manufacturers’ trade association Outdoor Sports Valley (OSV) has picked the most innovative four products from four categories, to be awarded the French Outdoor Award: Source: OSV Relief from Cyclik The competition is open to start-ups as well as multinationals, ...
