All Snowsports articles – Page 62
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News briefsSchöffel launches first fully digital sell-in tool for summer 2022
Following a major digitalization effort, Schöffel Sportbekleidung is using a new digital Schöffel Brand Space for its sell-in. The sales tool offers information, training and ordering options as well as assets for everyday business after the pandemic. In the three-dimensional digital space, Schöffel retail partners can explore the brand and ...
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News briefs
ATK is now controlled by Progressio, but the Indultis will continue to run operations
Progressio has acquired a majority stake in ATK Sports via its private equity Progressio Investimenti III. The Indulti family, which founded ATK in 2007, will maintain a minority stake and will continue to run operations. ATK specializes in ski bindings. The entire production process, from design to product delivery, is ...
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News briefs
Buff reports 63% growth in fiscal 2020-21
Buff closed its fiscal year on April 30 with record sales of €85 million, a growth of 63 percent compared to the previous year (€52 million). The Spanish company attributed the good performance to the boom in outdoor sports and the production of protective equipment during the pandemic. In the ...
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News briefsBurton is calling for Clean Up Days on June 12-13
Burton is calling for the annual Burton Clean Up Days, which started years ago with a crew of company employees picking up trash on their local mountain. Over the years, the event has grown into a movement of like-minded snowboarders cleaning up their personal playgrounds around the world. This year, ...
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News briefs
Isbjörn partners with GoJungo to grow international business
Outdoor children’s apparel brand Isbjörn of Sweden has announced an e-commerce partnership with German marketplace specialist GoJungo to simplify logistics and help grow the brand’s international business. GoJungo provides an innovative and sustainable platform for Isbjörn to ensure its outdoor apparel and accessories are easily accessible through major online stores ...
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ArticleGoldwin turns around in Q4, budgets 10% growth
Goldwin’s sales fell by 7.6 percent to ¥90,479 million (€678.0m-$830.5m) in the financial year ended March 31, 2021, while operating profit declined by 15.1 percent to ¥14,838 million (€111.2m-$136.2m), better than a forecast made in February for declines of 10.1 percent and 28.5 percent, respectively. Attributable earnings inched down by ...
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News briefsBurton launches Mine 77 camping collection with Helinox
In the Spring 2021 edition of its Mine 77 sub-collection (first introduced in 2018 as the signature collection of the late company founder, Jake Burton), U.S. brand Burton presents its first camping products. Featuring a colorful butterfly all-over print, all products were made in collaboration with outdoor furniture specialist Helinox: ...
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ArticleVF’s momentum on the rise, positive outlook for 2022
VF Corp. ended its fiscal year on a high note, prolonging a recovery that started in the second quarter. For the fourth quarter ended March 31, the company confirmed that its momentum is accelerating, delivering revenues that increased by 23 percent to $2,582 million, or 19 percent in constant currencies. ...
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News briefs
Movement Skis suffers 15% revenue drop
Swiss ski brand Movement Skis registered revenues of CHF 8.5 million (€7.7m-$9.4m) in 2020, representing a 15 percent decline as compared to 2019. Sales were negatively impacted by the measures imposed by authorities in several countries to limit the effects of the Covid-19 pandemic, which affected the ski industry as ...
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News briefsSara Molnar is Sweden’s sports industry Businesswoman of the Year
Source: Peak Performance Sara Molnar Sara Molnar, CEO of Peak Performance, has been named Businesswoman of the Year 2020 in the Swedish sports industry by Svenskt Sportsforum. The women’s network Divas, run by Svenskt Sportsforum, aims to bring more women to the top of the sports industry. ...
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News briefsArc’teryx appoints Karl Aaker as Vice President Brand
Canadian outdoor brand Arc’teryx Equipment announced the appointment of Karl Aaker to the role of VP brand, effective immediately. In his new role, Aaker will be responsible for leading global brand strategy, reporting directly to Stuart Haselden, CEO of the company since February. Source: Arc’teryx Karl Aaker ...
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News briefsHelly Hansen maintains sales momentum, Canadian Tire’s e-commerce soars
Helly Hansen’s revenues for the first quarter ended April 3 increased by 12.2 percent to 136.3 million Canadian dollars (€92.8m-$112.1), growing at the roughly same pace as in the fourth quarter of 2020 despite continuing store closures and restrictions on store operations because of the Covid-19 pandemic. Canadian Tire, which ...
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ArticleOberalp Group will present new collections and behavioral study at Virtual Convention on May 18
Vienna-based international behavioral research institute Karmasin Behavioural Insights conducted a wide-ranging study for the Oberalp Group in Germany, Austria and Switzerland to examine the rising outdoor trend in the wake of the Covid-19 pandemic. The institute surveyed a total of nearly 900 participants on the topic of “My first experience ...
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ArticleJack Wolfskin recovers from pandemic faster than expected, online sales up 108%
Callaway Golf Co. saw revenues in the first quarter soar by 47.3 percent as compared to the year earlier to $651.6 million, amid “unprecedented” demand for its golf equipment and a faster-than-expected recovery from the Covid-19 pandemic for Jack Wolfskin and the rest of its softgoods businesses and the recently ...
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ArticleClarus raises full-year guidance after Q1 sales jump
Clarus Corp, the parent company of Black Diamond and Pieps, raised its sales and adjusted Ebitda guidance for the full year, after posting a top line of $75.3 million in the first quarter, up by 41 percent on a reported basis and 39 percent higher at constant currencies. Excluding Barnes ...
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ArticleVista Outdoor Q4 sales rise 40%
Vista Outdoor reported sales of $597 million in the fourth quarter ended March 31. That is up 40 percent year-over-year and well above the guidance of $510 million to $530 million given at the time of the third-quarter results. Sales growth was attributed to strong demand across both Vista’s shooting ...
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News briefs
Salomon unveils details of its restructuring plan
Salomon’s management, led by CEO Jean-Marc Pambet, presented details of its restructuring plan to the company’s Social and Economic Committee (CSE) on May 3. The plan envisages cutting 82 jobs out of 738 at the company’s facility in Annecy, in France’s southeast. The cuts are mostly due to the closing ...
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ArticleClarus hires Anthony Rivera for Black Diamond apparel
Black Diamond has appointed Anthony Rivera as business unit director for its apparel category that was introduced in 2013. Rivera comes to Black Diamond (BD) with technical apparel expertise as the former senior manager of merchandising for Arc’teryx. In his new position, Rivera will be responsible for creating the strategic ...
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News briefsRab launches down collect and recycling program
As part of its long-term sustainability strategy, British outdoor brand Rab has recently started its own down collect and recycle scheme. The service is offered at Rab’s U.K. headquarters in Alfreton, Derbyshire, and launched in partnership with the Italian recycling down experts at Minardi Piume. Consumers are offered to bring ...
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News briefsHuski Wear becomes clothing partner of Team Sweden Alpine
Huski Wear, a new Swedish skiwear brand, will replace Norwegian brand Helly Hansen as the apparel partner of Team Sweden Alpine, the Swedish alpine ski team, starting July 1. As part of the partnership, Huski Wear has committed to supporting the development of skiing among Swedish youth. Helly Hansen began ...
