All Snowsports articles – Page 63
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News briefs
Burton creates new Chief Business Officer position
Source: Burton Elysa Walk Burton has promoted Elysa Walk, previously SVP of Americas & International, to the company’s first chief business officer. In her new role, Walk will oversee the company’s global business, which includes direct-to-consumer and wholesale channels, regional marketing, finance and operations. She will work ...
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ArticleColumbia raises guidance after a good Q1
Columbia Sportswear Company performed better than expected in the first quarter, despite port congestion problems in North America. The group’s net income reached $55.9 million, jumping from $213,000 in the year-ago quarter when the pandemic first hit the company. Revenues gained 10 percent to $625.6 million, including a 20 percent ...
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News briefs
Safilo with new board of directors
Safilo Group’s shareholders approved on April 29 the company’s accounts for the 2020 financial year and appointed a new board of directors, increasing its composition from 9 to 10 members. Elected board members proposed by Multibrands Italy, an entity controlled by HAL Holding that holds 49.84 percent of Safilo Group’s ...
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ArticleMips Q1 sales boosted by strong demand for bike helmets
When bicycle sales pick up in times of pandemic, Sweden’s Mips AB and its Brain Protection System (BPS) helmet technology are also in the front row. The first quarter of the year – usually the company’s smallest quarter – was the fourth-largest in company history in terms of sales. Total ...
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ArticleNew Wave posts Q1 profit
New Wave Group, the Swedish company behind Craft and Cutter & Buck, has posted a record first-quarter profit despite a drop in sales due to lower costs. Operating profit for the three months ended March 31 was 100 million Swedish Kronor (€9.9 million-$12 million), compared to a loss of SEK24.1 ...
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News briefsSwiss sports market stable in 2020; online in Q1 2021 outperforms previous year
According to GfK market research, the Swiss sporting goods market ended 2020 with a stable result, thanks to a sales rally in the last two months of the year. However, there is a significant gap between the different sectors: the overall winners in 2020 were fitness, outdoor, running, stand-up paddling ...
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ArticleU.K. investment firm to acquire Mammut
After Conzzeta had already announced on Dec. 9, 2019, that it would focus on the sheet metal working segment (Bystronic business unit) in the future, and this year revealed the final restructuring, including the renaming of Conzzeta to Bystronic, the Swiss company has now apparently found a buyer for its ...
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News briefsSchöffel releases 2020 sustainability report
In its 2020 sustainability report, Schöffel is emphasizing the learnings from the Covid-19 crisis and its consequences for the German family-owned outdoor company. Against the backdrop of the pandemic, one focus of Schöffel’s CSR efforts in 2020 has been continuous and responsible collaboration and communication with all production partners worldwide. ...
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ArticleMoncler with double-digit sales growth in Q1 despite setbacks in Europe
Moncler saw its consolidated revenues jump by 18 percent to €365.5 million in the first quarter of 2021, with a jump of 21 percent in local currencies, although many countries were still being affected by coronavirus-related restrictions. The growth was primarily driven by a strong contribution from China, Korea and ...
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News briefsThule’s momentum continues through Q1
Everything is going well for Swedish Thule Group. In an interim report, it published sales for the first quarter that soared by 45.5 percent from the year-ago quarter to 2,538 million Swedish kronor (€250.7m-$301.6m) or by 56.0 percent in constant currencies. Net income jumped to SEK 447 million (€44.2m-$53.1m), from ...
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News briefsHaglöfs aims for net zero in 2030; points out deliberate blurring in communication
On this year’s Earth Day, Swedish outdoor brand Haglöfs joins the growing number of companies calling themselves “climate neutral” by unveiling their new climate strategy: Aiming to reduce their emissions by 50 percent over the next decade and reach net zero by 2030, while taking “full responsibility for remaining emissions ...
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News briefs
Helly Hansen CEO to step down
When the Norwegian outdoor brand was successfully integrated into Canadian Tire Corporation (CTC), which it was acquired by in May 2018, Helly Hansen’s CEO, Paul Stoneham, committed at that time to lead the brand for another three years. Stoneham was appointed CEO by former Helly Hansen owner Ontario Teachers’ Pension ...
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ArticleWeSports acquires Nordic Outdoor & Sports Group
WeSports AB, a Stockholm-based group of individual sports, outdoor and mobility companies that operates online as well as physical stores and product brands, and GOB Invest, also based in Stockholm, have acquired Nordic Outdoor & Sports Group AB (Nordic OSG), a leading Scandinavian outdoor, climbing and snow sports retail group. ...
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News briefsOrtovox supports the protection of the Tarkine rainforest in Tasmania
From its new summer 2021 Tarkine capsule of two T-shirt styles, available exclusively at retailers, German merino specialist Ortovox is donating 5 percent of the sale price of each shirt to the Bob Brown Foundation, a local NGO whose goal is for the Tarkine Primeval Forest in northwestern Tasmania to ...
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News briefsMips with redesigned, consumer-centric brand website
Mips, the Swedish provider of the eponymous helmet safety technology, has unveiled a completely redesigned website aimed at making “helmet safety more transparent and easily understandable to everyday people.” The brand’s latest evolution goes far beyond simple cosmetic changes, with language and design focused on maximizing consumer benefits. The website ...
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ArticleGood start of the year for Mammut
The Conzzeta Group’s revenues reached 337.8 million Swiss francs (€306.6m-$367.2m) in the first three months of 2021, which corresponds to an increase of 18.0 percent from the year-ago quarter on an organic basis and in constant currencies. The Outdoor segment of the group, which only includes Mammut Sports Group, saw ...
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ArticleCanada Goose sees itself well on track to achieve sustainability goals
In its second sustainability report, Canada Goose has provided an overview of the progress for the social and environmental responsibility agenda set in 2019 and introduces a few future projects. The detailed 33-page report (link for direct PDF download) provides insight into all relevant areas, from social responsibility to emissions ...
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News briefsMaier Sports and Gonso support local retailers with Outtra services
Germany’s Maier Sports GmbH, owner of the Maier Sports and Gonso brands and in turn part of the outdoor division of the Schwan-Stabilo group, is going live with the “Where-to-buy local” and „Shop Window” tools from software specialist Outtra. In view of the current business situation, the project, which had ...
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News briefs
Salewa opens store in Verona
The Italian Oberalp Group has opened a Salewa store in Verona on April 9. The 120-square-meter shop is located at Via Cappello 41, within walking distance of the Romeo and Juliet balcony, a well-known destination for Veronese and tourists alike. The store is designed both for mountain enthusiasts who expect ...
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News briefsPatagonia hires new general manager, EMEA
Patagonia has announced that it has hired a new general manager for Patagonia EMEA, effective this May. Matthijs Visch will lead Patagonia’s growing business in the Europe, Middle East and Africa region, which today includes more than 230 employees and 11 brand stores. He takes over from the previous general ...
