All Snowsports articles – Page 42
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News briefs
Scarpa posts double-digit sales increase
Scarpa, the Italian specialist in outdoor footwear, posted sales of €134 million in 2021, which marked a 22 percent increase year-over-year. Export accounted for 82 percent of its revenues. The U.S. was its leading foreign market, with a share of 20 percent, followed by Germany and Benelux, the U.K., France ...
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Article
Mips presents new strategy and updated financial targets
At Capital Market Day 2022 in Stockholm on June 9, Swedish helmet technology and “Brain Protection System” (BPS) manufacturer Mips AB unveiled its new long-term strategy with updated financial targets and strategic priorities for the coming years. The reason for revising the company’s strategy and long-term financial targets is not ...
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News briefs
Columbia brings in new SVP to address supply chain issues
Source: Columbia Sportswear Co Francois Guillon To counter the ongoing problem of supply chains disrupted by various global crises, Columbia Sportswear Company has named Francois Guillon senior vice president, omni planning and fulfillment. Guillon will report to chief supply chain officer Lisa Kulok. He brings leadership experience ...
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Mammut appoints new CPO
Source: Mammut Sports Group AG Paul Cosgrove Following the appointment of Heiko Schäfer as the new CEO, Mammut is now filling another key role with Paul Cosgrove as chief product officer. Cosgrove will take up his new position on Oct. 1, 2022. For him, the Swiss outdoor ...
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News briefs
Schöffel hires David Randall as creative director
Source: Schöffel David Randall Design expert David Randall is the new creative director at Schöffel. The British-born designer, who has lived in southern Germany for 25 years, was most recently responsible for the design of the outdoor label Black Yak and established the South Korean brand on ...
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News briefs
Thermore launches EVOdown made from recycled PET bottles
Italian ingredient brand Thermore, which specializes in the research, development and production of thermal insulation for apparel, has launched a recycled version of EVOdown, a wrapped type of blow-in fiber made from 100 percent recycled fibers from PET bottles. According to the manufacturer, EVOdown bridges the gap between free fibers ...
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Schöffel publishes sustainability report 2021
Source: Schöffel Sustainability Report 21 In its comprehensive sustainability report just published, Schöffel looks back on the efforts made to improve on transparency of the supply chain, product longevity and a reduction of CO2 emissions. Firstly, Schöffel collaborated for the first time with the University of Augsburg ...
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News briefs
Haglöfs recruits global finance director
Source: Haglöfs Joakim Nyhage, global finance director at Haglöfs Swedish brand Haglöfs has a new global finance director in Joakim Nyhage. He will work with the finance department to set and implement financial goals and closely with CEO Fredrik Ohlsson to realize the brand’s visions. Nyhage joined ...
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Article
USWE sales up 88% in 2021, Q4 hit by geopolitical situation
Swedish company USWE Sports AB, which was founded in 2007 and went public on the Nasdaq First North Growth Market in June 2021, said in its delayed report for Q4, which ended March 31, that, as before, the quarter was marked by problems related to the latest lockdown in China, ...
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News briefs
Foundation stone laid for new Dynafit headquarters in Kiefersfelden
Dynafit laid the foundation stone for the two interlocking triangles of steel and glass of the brand’s new headquarters in Kiefersfelden, Bavaria, close to the Austrian border. The building, which is constructed according to a project by the renowned architectural firm Barozzi Veiga, will offer all visitors a deep insight ...
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News briefs
Smart Group cancels The London Ski & Snowboard Festival 2022
The London Ski & Snowboard Festival planned for Oct. 27 to 30, 2022, at Battersea Park is canceled. The new organizer of the event, the Smart Group, has published a statement on Facebook, declaring the cancellation of this year’s festival and the introduction of another new organization: “We have been ...
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Article
A look at Ternua’s business with its CEO
Ternua Group rounded out 2021 with sales of €28.8 million, up by 15 percent year-on-year and by 11 percent from 2019. Now CEO Jokin Umerez has revealed in an interview with CMDsport that Ternua aims to sustain the same 15 percent growth in sales for the present year, despite uncertainties ...
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Vista Outdoor outlines long-term vision and financial goals for proposed separation of its business
Vista Outdoor, the parent company of 39 brands including CamelBak, Bushnell Golf, Foresight Sports, Bell Helmets, Camp Chef, Giro, QuietKat and Stone Glacier, held its annual investor day for institutional investors and analysts at the New York Stock Exchange this week. Speakers included CEO Chris Metz, CFO Sudhanshu Priyadarshi and ...
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Article
The North Face helps drive Q4 revenue rise, but Vans hit by China lockdowns
VF Corp reported a revenue increase of 9 percent to $2.8 billion (€2.65bn) in the fourth quarter of 2022, driven by The North Face (TNF), although sales at Vans were flat during the period. Sales were boosted by a 15 percent increase in the EMEA region and 12 percent in ...
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News briefs
Osprey strengthens distribution in Austria and Italy
California-based backpack specialist Osprey, a Helen of Troy brand since late 2021, has hired two distribution agencies to support direct sales and increase market share in two important European markets. Starting June 1, sales agency B-Factory will support Osprey’s Italian Spring 23 product sell-in. Founded in 1995 by Pietro Colturi, ...
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News briefs
Mammut appoints new CEO
Source: Mammut Heiko Schäfer The Swiss outdoor company Mammut Sports Group AG has appointed Heiko Schäfer as its new CEO, effective Sept. 1, 2022. For Schäfer, who previously served as chief operating officer of Hugo Boss AG, Mammut represents a return to the world of sporting goods. ...
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News briefs
Mountain Equipment strengthens its team
After several years of double-digit growth, Mountain Equipment has added three new members to its brand team to consolidate and strengthen its market position. Philippa Hill joined the team last summer as sustainability manager. Her responsibilities include Mountain Equipment’s parent company, Outdoor & Sports Company Limited (OSC), which also represents ...
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Article
Continued growth for Online Brands Nordic
Despite “complex comparative figures from the first quarter of 2021,” Online Brands Nordic reports that it has started the year strongly and continues to grow. Regarding Russia’s invasion of Ukraine, Online Brands has no customers or suppliers in the affected area, so the war had no impact on the direct ...
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News briefs
Successor for management of Schöffel Austria confirmed
Source: Schöffel Ferdinand Krottenthaler Following the departure of Jürgen Nairz announced in January after almost twelve years at the helm of Schöffel Austria GmbH, the company has now announced that Ferdinand Krottenthaler will take over as managing director on June 1. Krottenthaler most recently worked as senior ...
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News briefs
USWE Sports delays quarterly report due to Covid-related inventory postponement
Sweden-based USWE Sports AB, listed on the Stockholm-based Nasdaq First North Growth Market since last June, has delayed the release of its Q4 21/22 report (January to March 2022). Previously, the company had announced a May 12 publication date, postponed by the company at short notice, without providing an alternative ...