All Snowsports articles – Page 53
-
ArticleCallaway Golf raises guidance, Jack Wolfskin performs better than expected
Callaway Golf raised its guidance for the full year once again, after revenues in the third quarter increased by 80.1 percent as compared to the year-earlier to $856.5 million, continuing to benefit from the addition in March of Topgolf and a better-than-expected contribution to its top line from golf equipment ...
-
News briefsGOA launches nonprofit trade association for independent U.S. retailers
The Grassroots Outdoor Alliance has launched a new nonprofit trade association to share and collect data and support mid-sized, independent American outdoor retailers within the industry. The new Indie Outdoor group is open to all brands and organizations in the U.S. that serve the independent outdoor industry, including rep groups ...
-
News briefsJack Wolfskin restructures sales management, promotes el Mahmoud to GM Commercial Europe
Jack Wolfskin has created a new sales management structure to ensure the coordinated alignment of wholesale, retail and digital strategies for its European operations. Jack Wolfskin veteran Natascha el Mahmoud fills the new position of general manager commercial Europe. El Mahmoud, who has been with the company since 2002, most ...
-
ArticleCanada Goose with strong momentum, improves guidance
Canada Goose reported an improved gross margin and a lower operating margin on a 19.6 percent increase in revenues to 232.9 million Canadian dollars (€161.9m-$187.1m) for its second quarter ended Sept. 26. Excluding the exceptional revenues from personal protective equipment recorded in the same period a year ago, comparable sales ...
-
ArticleSports & Leisure pull Craft's parent forward, Nordics and U.S. recover
The Swedish-based New Wave Group, which owns brands like Craft and Cutter & Back, reported record third-quarter profits as sales closed in on pre-pandemic levels, driven by a recovery in the Nordic countries and the U.S. The group’s Sports & Leisure division, which includes Craft, saw sales rise by ...
-
ArticleGoPro says Christmas sales won’t be hit by supply crisis after stellar Q3 results
Action camera maker GoPro said it did not expect Christmas sales to be hit by supply-chain constraints as it reported better-than-expected third-quarter results. The company posted a net profit of $311.8 million, up from $3.3 million a year ago. Revenue grew 13 percent to $317 million against GoPro’s own estimates ...
-
ArticleVista Outdoor on target as Q3 earnings beat expectations
U.S.-based Vista Outdoor has reported better-than-expected third-quarter revenue, driven by growth in its shooting and outdoor segments as the recreation boom sparked by the Covid-19 pandemic shows no sign of slowing. Revenue for the three months to September 26 rose 35 percent to $778.5 million against forecasts of $723.3 million. ...
-
News briefsAdidas expands Terrex product offering to snowsports market
Adidas has brought a brand new Adidas Terrex Fall / Winter 2021 Snow collection to market, with select products created from recycled materials that “equally balance technical performance with durability and comfort.” For example, the Myshelter franchise evolves with the new Myshelter snowsports jacket, featuring a series of high-performance recycled ...
-
News briefsOrtovox expands rental service for ski touring equipment in Germany and Austria
Together with 80 retailers in Germany and Austria, Ortovox will offer emergency equipment, Avabag avalanche airbag backpacks and normal backpacks as well as selected clothing for rental in the coming winter season. Which products can be rented from which retailer can be easily queried on the German Ortovox website. Interested ...
-
News briefsPentland launches new sustainability strategy
Pentland Brands, owner of the Berghaus, ellesse, Canterbury, Speedo and Mitre brands, has unveiled its new positive business strategy, “100-1-0.” It sets out three major goals to be achieved by 2032, the year that marks the company’s 100th anniversary: to help 100 million consumers lead positive, active and sustainable lifestyles; ...
-
News briefsCrowdfunding campaign for snowboarding photo book by Patrick Armbruster
Patrick Armbruster, a Swiss snowboard photographer, has launched a crowdfunding campaign to support his new photo project titled “Barely Made It,” an inside story about the evolution of snowboarding. While admittedly snowboarding doesn’t necessarily belong in The Outdoor Industry Compass, the fact that OIC editor-in-chief Wolfgang Greiner worked with Armbruster ...
-
News briefsLolë presents first men’s collection
Source: Lolë Lolë, an active lifestyle brand from Montréal, Canada, has introduced a new men’s collection for the fall and winter season. Previously known as a women’s sportswear provider, Lolë is thus expanding its offering to men. The new collection - suitable for various outdoor activities such ...
-
News briefsFaction Skis owner to launch ski boots
Full Stack Supply Co, the Verbier, Switzerland-based parent company of Faction Skis and FW Apparel, has announced a new technical ski boot brand to be launched in fall/winter 2022. The company announced that a new generation of freeski boots will be the brand’s first product. Boots for freeriding and free ...
-
ArticleEmerald opens debate on the future of (OR) trade shows
Emerald X, LLC, organizer of Outdoor Retailer (OR) trade shows, including the OR Snow Show, formerly the Winter Market, which has incorporated the SnowSports show that Snowsports Industries America (SIA) sold to Emerald five years ago, hosted a webinar on Oct. 25 on the future of trade shows, bringing retailers ...
-
News briefsHigg reports 70 percent growth in platform use and better assessment scores for users
In its 2021 impact report, technology platform Higg takes a look at its progress towards expanding into new industries and helping companies develop a holistic view of their environmental and social impact to decide smarter. Within the last two years, Higg started with tools to measure manufacturing ...
-
ArticleColumbia lowers FY sales outlook, raises earnings forecast as Q3 sales miss
Columbia Sportswear has lowered its sales outlook for the year but raised earnings forecasts, despite weaker than expected third-quarter revenue due to supply-chain issues. Sales for the quarter rose to $804.7 million from $701.1 million a year earlier and against forecasts of $862 million. Net income beat expectations at $100.6 ...
-
News briefsCODI’s sports brands with strong Q3, Boa leading the pack
All four of Compass Diversified’s (CODI) outdoor and sports brands – 5.11, Boa Technology, Marucci Sports and Velocity Outdoor – posted positive sales results and improved Ebitda in the third quarter, with Boa, maker of the dial-based Boa Fit System system for footwear and other applications, showing the highest sales ...
-
News briefsMichael Jakob hired as Deuter head of international sales
Source: Deuter Michael Jakob After leaving PrimaLoft in June 2020 after more than six years as VP of business development Europe, Michael Jakob – as the company has just officially announced – has taken over the position of head of international sales at Deuter in Gersthofen, Germany, ...
-
News briefs
Scarpa with profit, forecasts 15% growth for 2021
Italy’s outdoormag.it reports that Italian footwear and outdoor specialist Scarpa ended 2020 on a positive note, with sales up about 3 percent compared to 2019. CEO Diego Bolzanello told the publication, “We expect further growth in 2021, both in the domestic and foreign markets,” estimating it at 15 percent. Despite ...
-
News briefsWeSports continues shopping spree
Following its recent acquisition of Finnish water sports equipment supplier Finwake in September, WeSports, a Stockholm-based group of individual sports, outdoor and mobility companies operating both online and with physical stores and product brands, has completed another acquisition, this time of retailer Pölder Sport AB. Founded in 1990, Pölder Sport ...
