All Snowsports articles – Page 47
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ArticleNew Wave’s sales growth driven by Sports & Leisure
The Swedish-based New Wave Group, which owns sports brands like Craft and Cutter & Back and distributes several others, saw total sales in the last quarter increase by 23 percent to 2,307 million Swedish kronor (€218.7m), with the growth driven by its Sports & Leisure segment. At constant currency rates, ...
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ArticleCallaway sees continued robust growth, Jack Wolfskin relaunch progressing well
Callaway Golf predicted another year of robust topline growth in 2022, after revenues in the fourth quarter jumped by 90.0 percent to $711.7 million, benefiting from “strong momentum” at Jack Wolfskin and TravisMathew and the addition of Topgolf earlier in the year. The growth for the new year is expected ...
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News briefsSustainable Apparel Coalition starts new project for due diligence in the supply chain
The nonprofit Sustainable Apparel Coalition (SAC), an organization that advocates for sustainable practices in the consumer goods industry, has partnered with the Initiative for Global Solidarity (IGS) to coordinate a new project to promote industry-wide convergence of methodologies for assessing environmental, social and labor conditions in the apparel and footwear ...
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News briefsGoldwin forecasts decline in operating income of 5.7%
Goldwin, the Japanese company whose brand portfolio includes territorial trademark rights or licenses for some western sports brands, is currently forecasting a 5.7 percent drop in annual operating earnings to 14 billion yen (€107.6m) for the 12 months ending March 31, 2022. Annual revenues are predicted to rise by 10.5 ...
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ArticleCanada Goose cuts guidance as sales, retail traffic disappoint
Canada Goose cut its guidance for the full year, citing lower-than-expected revenues and retail traffic in EMEA and APAC regions in the ongoing fourth quarter of its financial year due to new restrictions imposed in the wake of outbreaks of the Omicron coronavirus variant. The company now expects to post ...
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ArticleMips Q4 net sales rise despite supply constraints & China factory slowdowns
The Swedish helmet safety technology provider Mips reported a 41 percent rise in net sales during the fourth quarter, despite supply chain constraints and power restrictions on factories in China. The specialist in “brain protection” said net sales for the three months to Dec. 31 rose to 198 million Swedish ...
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News briefsOrtovox expands its management team
Stefanie Rieder-Haas and Michael Sieber have joined the management team of German outdoor company Ortovox, effective Jan. 1. Christian Schneidermeier remains the sole managing director. Along with the personnel change, however, Ortovox is restructuring internally in order to adapt processes to the changing market conditions. The result are three new ...
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ArticleArc’teryx and Ortovox unite forces for new avalanche airbag system
The new LiTric unit The result of a joint research and development project, the Canadian brand Arc’teryx and the German brand Ortovox have introduced LiTric, a new electronic avalanche airbag system for winter 22/23 that will be used in a line of different touring and freeride packs ...
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ArticleDalbello launches first Reboot ski boots made from recycled plastics
Green Gaia Dalbello, part of the MDV group of companies (with Marker and Völkl), is launching the Green Menace and Green Gaia for the 2022/23 winter season, two new ranges of eco-friendly ski boots built from recycled plastics as part of the brand’s Reboot project. The material ...
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ArticleFenix reports records for Q4 thanks to sales increase and despite Omicron hit
Fenix Outdoor International has reported record fourth-quarter earnings driven by surging sales in its Frilufts segment and the delivery of goods delayed in the previous three months from the Brands division. The company said net sales for the three months to December 31 rose by 33 percent to €196.5 million ...
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News briefs
British retailer Ardblair Sports recruits Hanwag brand manager
Ardblair Sports Importers Ltd, the British distributor of Leki and Aku, has hired Chris King to replace sales manager Lilian Sullivan, who will leave the company on March 31. King joins from Fenix Outdoor UK Ltd, where he was Hanwag brand manager for the U.K. He will report to Kirsten ...
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News briefsArtilect ignites next stage of A/SYS clothing system
After starting its premiere season fall/winter 2021/22 with its A/SYS-1 and A/SYS-2 clothing system styles, i.e. base layers and next layers (midlayers), the newcomer brand Artilect from Boulder, Colorado, is now following up with the product groups A/SYS-3 to A/SYS-5 for fall/winter 2022/23: insulayers, breathable vapor layers and weatherproof mission ...
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News briefsEuropean Outdoor Group in search of brand partners for European merino project
After carrying out a small feasibility study around the possibility of growing European merino wool earlier, the European Outdoor Group (EOG) is currently in funding negotiations with the German Federal Agency for Agriculture and Food to let the project come live. According to EOG’s sustainability manager Katy Stevens, “it is ...
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News briefsK2-MDV rebrands as “Elevate Outdoor Collective”
Seattle-based K2-MDV Holdings, the parent company of all K2 Sports and MDV brands, including K2 Skis, K2 Snowboarding, Marker, Dalbello, Völkl, Ride, Line, BCA, Atlas Snow Shoe Co, Tubbs Snowshoes and others, announced that it has rebranded itself Elevate Outdoor Collective, effective immediately. The company will continue ...
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ArticleRevolutionRace keeps up sales momentum
Swedish DTC outdoor company RevolutionRace (RVRC) says it is seeing continued robust growth at the start of the third quarter of its fiscal year, after sales in the second quarter increased by 58 percent to 392 million Swedish kronor (€37.5m-$42.8m) amid continued strong demand for multifunctional garments. On a constant ...
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News briefsNew DITF carbon production technology gets awarded
The German Institutes of Textile and Fiber Research Denkendorf (DITF) was awarded for its HighPerCellCarbon fibers made from wood in a novel and sustainable process. The technology involves the wet spinning of cellulose fibers using ionic liquids as direct solvents. No waste gases or toxic by-products are produced during the ...
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ArticleCalida completes sale of Millet Mountain Group
As previously reported, the Calida Group in late December received a binding offer from Jean-Pierre Millet, together with Inspiring Sport Capital, to sell the Millet Mountain Group, which includes the Millet and Lafuma Outdoor brands. Calida now reports that it has received the final approval of the French work council ...
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News briefsJack Wolfskin appoints new GM for China
Jack Wolfskin has appointed Matthew Jung as its new general manager for China, effective Feb. 9. In this role, the U.S. citizen will be responsible for implementing the company’s new strategic brand direction with the claim “We Live to Discover” and developing Jack Wolfskin’s omnichannel strategy in China. ...
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ArticleColumbia exceeds forecast, driven by DTC
Despite persistent supply chain disruptions that negatively impacted its wholesale revenues, Columbia Sportswear reported impressive fourth-quarter results on the strength of its Direct-To-Consumer and e-commerce businesses and an improvement of 1.6 percentage points in the gross margin to 52.2 percent, as higher freight costs were more than offset by a ...
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News briefsArc’Teryx hires former Lululemon CFO
Source: Arc’teryx Chris Tham Arc’teryx Equipment has appointed Chris Tham as the company’s first-ever chief financial officer. In this newly created position, he will report directly to CEO Stuart Haselden. The appointment is effective Feb. 21, 2022. Tham has more than 20 years of finance and strategic ...
