All Snowsports articles – Page 44
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News briefsCalida finalizes sale of Millet
The Swiss Calida Group has finalized the sale of Millet Mountain Group on April 20, 2022. Jean-Pierre Millet, investor and grandson of Millet’s founder, and Inspiring Sport Capital, a private equity firm specializing in sports investments, have acquired the Millet Mountain Group with the Millet and Lafuma Outdoor brands, returning ...
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News briefsMountain Planet returns after four years of absence
The 25th edition of Mountain Planet, the international meeting place for mountain professionals, will be held at Alpexpo Grenoble, France, on April 26-28 and will showcase 900 exhibitors from 25 countries across 17 industry segments. The show is expected to attract 18,000 visitors. Mountain Planet has been held every two ...
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ArticleOnline Brands Nordic completes acquisition of Nordic Kidswear and Isbjörn of Sweden
E-commerce specialist Online Brands Nordic AB has finalized the acquisition of Nordic Kidswear AB, which includes Isbjörn of Sweden, the sustainable Swedish outdoor children’s clothing brand, as previously announced in January. Founded in 2005 by Maria Frykman and Camilla Schmidt, Isbjörn of Sweden has an undisputed reputation for producing highly ...
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News briefsClarus expands credit facility
To fund its ongoing search for new “Super Fan” brands, Utah-based Clarus Corp expanded its senior secured credit facility to $300 million and entered into a $125 million term loan facility. Including a $175 million accordion feature, the new agreement provides Clarus with a total borrowing capacity of up to ...
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News briefsDutch brand Cortazu receives B Corp certification
Amsterdam-based DTC outdoor brand Cortazu, founded in 2017 with the goal of “creating high-quality, sustainable apparel at an unprecedented value,” is the first Dutch outdoor brand to receive the B Corp certification. According to B Lab’s B Impact assessment, Cortazu received an overall score of 102.8. The median score for ...
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ArticleNorrøna publishes results of its CSR roadmap
Norrøna, the Norwegian outdoor and snow sports brand founded in 1929, has published the results of its CSR Roadmap 2021, showing the continued positive trend in achieving the brand’s environmental, social and corporate responsibility goals. Since 2014, progress, results and challenges in all aspects of the CSR Roadmap have been ...
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News briefsSeveral Pieps and BD avalanche transceivers may have technical problems
Pieps and Black Diamond have identified a possible malfunction in the electronics of some of their avalanche transceivers that may prevent them from switching from “Send” to “Search” mode. Although the companies are still investigating the problem, both brands are currently asking end-users to immediately perform a safety inspection to ...
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ArticleSwiss Ski Pool CEO to lead Lowa Switzerland
Source: Swiss Ski Pool Christian Zingg The Bernese Oberland trading company Lowa Schuhe AG Schweiz will see a new boss in mid-2023: After more than 22 years at the helm, CEO René Urfer will retire and hand over the management to Christian Zingg in mid-2023 after a ...
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News briefsH&M’s Arket to carry Klättermusen
As reported by habit.se, Arket will add the Swedish outdoor brand to its assortment starting April 21. Previously, Arket had already sold third-party products from footwear brands Tretorn, New Balance and Merrell, but Klättermusen marks the first time it is stocking an external clothing brand, with accessories to be offered ...
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News briefsElan commits to a tree planting project in Slovenia, plans further environmental measures
The Slovenian ski manufacturer Elan has started several projects to improve the sustainability of its operations and installed a new portal for the communication of its environmental efforts, elanskis.com/sustainability. Part of the company’s sustainability plan is the installation of a solar power plant that will start producing in the fall ...
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News briefsBergzeit relaunches website with focus on international business
With a relaunch of its regional webshops (end of February in Benelux, U.K. and Italy, and mid-March in Germany, Austria and Switzerland), German retailer Bergzeit is pushing its internationalization. In addition to a cleaner look and feel, a more intuitive user experience was one of the main goals of the ...
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ArticleFenix Outdoor sees bright start to 2022 but warns of cost pressures
Fenix Outdoor International said its new fiscal year had started well with a recovery in physical store sales, despite inflationary pressures and supply chain constraints. Releasing its annual report, Fenix reported a “very bright” outlook for its order book for Brands and Global Sales, “indicating some nice growth in 2022”, ...
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News briefsChanges in marketing and sales at POC's Salzburg office
The Swedish winter and cycling specialist for helmets, eyewear, clothing and protective equipment, POC, has expanded its team in the areas of marketing DACH and Europe and sales in Germany and Austria. Already on Feb. 15, Anja Boch joined POC in Salzburg, Austria, as marketing assistant Europe. She previously worked ...
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News briefsAugust Stangl retires from Therm-ic global brand director role
Source: Therm-ic August Stangl August Stangl, the global brand director of Therm-ic, a brand specializing in heating systems and part of the French Sidas group, is retiring from his role by the end of April but will still be available as a consultant for Sidas in the ...
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News briefsSchwan-Stabilo establishes outdoor subsidiary in Italy
As of April 1, 2022, mountain sports expert Ortovox is repositioning its presence in the Italian market with the opening of the new Schwan-Stabilo Outdoor Italia branch, based in Rancia near Bergamo. With Stefano Finazzi, the company is bringing an experienced industry expert on board as general manager. After 25 ...
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News briefsStellar Equipment improves on both turnover and profitability
According to Swedish Ehandel magazine, outdoor brand Stellar Equipment AB has grown by roughly 50 percent in the 2020/21 fiscal year. Sales for the financial year ended on June 30, 2021, reached SEK 152 million (€14.7 million), with a profit of roughly €725,000 after tax. The growth rate of the ...
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News briefsArc’teryx market manager EMEA Reiner Kopf leaves the bird
Reiner Kopf, market manager Central EMEA at Arc’teryx, will leave the company by the end of March 2022 and plans a longer sabbatical. Kopf has 24 years of experience with the Canadian brand: After taking over the German distribution of Arc’teryx with his Munich-based sales agency Agentur Reiner Kopf in ...
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News briefsLondon Ski & Snowboard Festival returns in October
Starting over with its new organizing event company Smart Group, the London Ski & Snowboard Festival is scheduled for Oct. 27 to 30, 2022, at Battersea Park. The four-day festival features a 42-meter ski jump, parkour arena, practice slope and a marketplace with over 200 brands and snowsports destinations. Among ...
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ArticleKMD Brands aims to return to growth in the second half of the year
KMD Brands, which rebranded itself from Kathmandu Holdings Ltd. earlier this month, reported an Ebit loss of NZ$5.5 million (€6.1m) for the six months ended Jan. 31. Total revenues declined by less than 1 percent to NZ$407.3 (€245.2m) as the gross profit margin slid to 57.7 percent from 59.0 percent ...
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News briefsFrench 2Ride Group acquires Troy Lee Designs
In mid-March, French motorcycle, mountain bike and ski protection equipment supplier 2Ride Group acquired California-based motorcycle and mountain bike outfitter Troy Lee Designs from the U.S. investment firm SBJ Capital. Both parties have agreed not to disclose any financial details. French investment company Eurazeo had been behind 2Ride Group since ...
