All Snowsports articles – Page 59
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News briefsCoDi completes sale of Liberty Safe
Compass Diversified (CoDi), owner of various brands, including thriving Boa Fit technology since October 2020, today announced that it has completed the sale of its majority-owned subsidiary, Liberty Safe Holding Corporation, the parent company of Liberty Safe and Security Products, Inc. to an affiliate of Monomoy Capital Partners. The Westport-based ...
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ArticleColumbia lifts guidance after strong Q2, but CEO attacks freight “monopoly”
Columbia Sportswear swung to a second-quarter profit and raised its full-year 2021 forecasts but warned that “escalating” ocean-freight prices and ongoing port congestions were dragging on the annual outlook. The outdoor gear producer reported net income of $40.6 million for the three months to June 30, compared with a loss ...
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ArticleClarus raises guidance as Q2 sales growth accelerates
Clarus Corp., the Utah-based parent company of Black Diamond and Pieps, saw its sales growth accelerate in the second quarter of 2021, with its top line increasing by 144 percent from the year earlier, when the impact of the Covid-19 pandemic was at a peak, reaching $73 million. Favorable consumer ...
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ArticleCoDi sees “explosive” growth at Boa Technology
Compass Diversified (CoDi) highlighted the “explosive” growth of the recently acquired Boa Technology in its second quarter ended June 30, cautioning that the brand’s expansion is likely to slow in the second half of the year. Boa, which owns the Boa Fit System for shoe fastening, was acquired by CoDi ...
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ArticleVF raises FY guidance as Q1 sales and profits beat estimates
VF Corp lifted its annual guidance after posting better-than-expected earnings and sales in its first quarter ended June 30 as retail demand for the company’s top brands continued to recover from the impact of the Covid-19 pandemic. Revenue for the three months more than doubled to $2,194 million, compared with ...
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News briefs
Picture to open a store in Paris
Picture will soon open a store in Paris – its first in France’s capital city and its 20th in France – Sport Guide has reported. The French eco-friendly brand will settle in the Latin Quarter, at 65 rue St. Jacques, taking over a 110-square-meter space from Urban Surfers. Renovation work ...
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News briefsRab to offer professional wash service for its Gore-Tex outerwear
British outdoor brand Rab, part of Equip Outdoor Technologies Ltd, has announced the launch of its specialist Gore-Tex Shell Wash Service. This new service, offered by the Rab Service Center, is available to end-users and retailers. Expert washing, drying and waterproofing of all Rab Gore-Tex waterproof garments by the service ...
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ArticleGermany’s “Dein Winter. Dein Sport.” winter sports initiative says optimism is back
“Positive” and ”together“ are the words that characterized the online conference of ”Dein Winter. Dein Sport.” earlier in July. The initiators of the German winter sports initiative and representatives from science, ski lift companies, tour operators and trade shows gave an insight into the preparations for the 2021/22 winter season. ...
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News briefsColumbia publishes sustainability report for 2020
In its 2020 sustainability report, Portland-based Columbia Sportswear Company (CSC) reveals details on the success made within its four brands Columbia, Mountain Hardwear, Sorel and Prana in terms of CSR topics and sustainability. The group responded to the challenges by Covid-19 with a “Catastrophic Paid Leave” in the U.S. and ...
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ArticleCalida Group posts H1 sales growth of 30.2 percent
For the first half period of 2021, Calida Group reported a 30.2 percent increase in sales to CHF 153.9 million (€142.8m-$169.3m) in currency-adjusted terms, which beat the pre-pandemic levels. The company said in a release that Millet Mountain Group, with net sales proceeds of CHF 37.2 million (€34.5m-$40.9m) and a ...
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ArticleSuccessful first half year for Moncler, brand accelerates in Q2
The Moncler Group reported consolidated revenues of €621.8 million for the first half ended June 30, compared to €403.3 million in the first half of 2020. Growth was 57 percent at constant exchange rates and 54 percent at current exchange rates. From April 1, 2021, the group’s financial report also ...
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ArticleEDM Interview Series #03-2021: Artilect
In part 3 of EDM’s new Interview Series, we spoke with Trent Bush, founder and Co-CEO of Artilect.
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News briefsWNDR Alpine moves away from petroleum with new ski line
WNDR Alpine, a ski brand launched as part of California-based advanced materials company Checkerspot, released a new ski lineup with improved material properties, increased biobased content and a powder-focused backcountry shape to create the Reason 120 backcountry skis. Utilizing industrial biomanufacturing techniques and materials science, Checkerspot grows microalgae to produce ...
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ArticleSmartwool strengthens sales and e-commerce
Source: Smartwool Jennifer McLaren, CEO Smartwool The CEO of Denver-based merino specialist Smartwool, Jennifer McLaren, has named two new executives for the brand’s sales and e-commerce departments. Corey Stecker, previously international general manager of sales and marketing, was promoted to global head of sales. Stecker has been ...
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News briefs
Canada Goose sues Goose Country over “confusingly similar” name and more
The Fashion Law has reported that Canada Goose is suing Goose Country, a U.S. outerwear brand. In the complaint, which was filed in the U.S. District Court for the Northern District of Illinois on June 30, Canada Goose claims that “the look and feel of the outerwear garments offered by ...
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ArticleHigh demand for bike helmets results in tremendous sales increase for Mips in H1
After a strong start to fiscal 2021, “brain protection” helmet-technology maker Mips AB stepped it up a notch in the second quarter. As a result, the Swedish company posted total sales of SEK 225 million (€22.0m-$25.9m) in the first half of the year, despite challenging supply chain issues. Compared with ...
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News briefs
Ski mountaineering added to Milano Cortina 2026 Winter Olympics
The International Olympic Committee (IOC) session on July 20 has unanimously approved the inclusion of ski mountaineering as an additional sport for the program of the Milano Cortina 2026 edition of the Olympic Winter Games. The inclusion of ski mountaineering on the program of this specific edition of Games will ...
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Article“Stronger than ever“ – ISPO Munich to open up to end consumers and tourism
During a webinar by “Dein Winter. Dein Sport”, a German initiative to support winter sports, Jeanette Friedrich, global ISPO Group director, gave a short presentation on the new ISPO Munich concept, which will already be implemented at the next event from Jan. 23-26, 2022. Following the motto “Sport. Stronger ...
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News briefs
Alpinmesse Innsbruck is canceled, Alpine Forum to take place
For the second consecutive year, the Austrian Curatorship for Alpine Safety (Österreichisches Kuratorium für alpine Sicherheit) has to suspend the Alpinmesse in Innsbruck due to lack of predictability of the pandemic situation. However, based on the current state of knowledge, the organizers assume that it will be possible to hold ...
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News briefs
New global campaign: Oakley wants you to be who you are
Eyewear brand Oakley has launched a new campaign, “Be Who You Are,” a short film featuring a slew of sporting superstars including Oksana Masters, Patrick Mahomes, Francisco Lindor, Pauline Ferrand-Prevot and Nigel Sylvester alongside everyday athletes and is narrated by chef and celebrated rapper turned media-mogul, Action Bronson. The film’s ...
