Exexcutive Changes
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ArticleBig trouble looming between Youngone and Scott
Source: Scott Sports Beat Zaugg Shortly before the Easter weekend, the Board of Directors of Scott Sports – with the full support of majority shareholder Youngone Corporation – issued a press release announcing the dismissal of long-serving CEO Beat Zaugg with immediate effect. Youngone presented the financial ...
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ArticleBelgian Cycling Factory strengthens management with two industry veterans
Belgium’s largest bicycle manufacturer Belgian Cycling Factory (BCF) – the umbrella of the brands Ridley, Eddy Merckx Bikes (including their independent steel frame range Corsa) and the Bike Valley competence center – has hired two experienced industry experts. Eugene Fierkens was appointed as General Manager Strategy & Business, and Edward ...
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ArticleNew Global Sustainability Manager at Elevate Outdoor Collective
Source: EOC Michael Knye, Global Sustainability Manager at Elevate Outdoor Collective (EOC) Elevate Outdoor Collective (EOC), the umbrella organization for twelve outdoor and winter sports brands, including Völkl, Dalbello and Marker, appointed Michael Knye as the company’s first Global Sustainability Manager. Effective March 1, 2024, Knye is ...
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ArticleSpinnova reports disappointing FY, announces new strategy and job cuts
Finnish sustainable fiber production specialist Spinnova, listed on Nasdaq First North Growth Market Finland, has closed its financial year 2023 with high losses and declining sales and has therefore announced a new strategic direction and a resulting reduction in staff. In 2023, Spinnova generated revenue of €10.6 million, which was ...
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ArticleNew CEO at Primus-Silva
The Swedish outdoor equipment company Primus-Silva has appointed Jonas Sjögren as its new CEO. Richard Jägrud, who has served as CEO for the past seven years, has decided to leave the company to pursue new professional challenges. Sjögren and the Primus-Silva management team will work closely together to lead the ...
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ArticleEOG publishes annual report 2023, second consecutive year of membership growth
The European Outdoor Group (EOG), founded in 2003 by 19 outdoor companies, has published its annual report following its online Annual General Meeting, where members were presented with a detailed report on the association’s activities and achievements in 2023, culminating in the successful vote to make participation in a Race ...
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ArticleNewell Brands announces changes to the Board
Newell Brands, the Atlanta-based group that owns several consumer goods brands, including outdoor brands Marmot, Coleman, Contigo and Campingaz, announced changes to its Board of Directors. James “Jim” Keane, retired President & Chief Executive Officer of Steelcase Inc., has been elected to the company’s Board of Directors, effective Feb. 15, ...
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ArticleHelinox announces global leadership team
Young Lah, Global CEO of Helinox, has appointed a new global leadership team to position the company for further growth and product category expansion. Source: Helinox Andrew Shand, Helinox President und Global COO As part of these changes, Andrew Shand was promoted to Helinox President and Global ...
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ArticleHeiQ appoints CEO for HeiQ AeoniQ Holding
Source: HeiQ Julien Born, CEO of HeiQ AeoniQ Holding Swiss ingredients brand HeiQ has announced the appointment of Julien Born as Chief Executive Officer of HeiQ AeoniQ Holding, where he will drive the growth of HeiQ AeoniQ, a specialty cellulosic fiber. Born brings extensive leadership skills and ...
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ArticleVF appoints Caroline Brown to the board after aligning with activist investor Engaged Capital
Source: VF Corp. Caroline Brown VF Corp. has appointed Caroline Brown to the company’s Board of Directors, effective Feb. 14, 2024. The appointment follows constructive discussions with VF’s shareholders, including Engaged Capital, LLC. VF also intends to appoint an additional independent director in the near future by ...
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ArticleThe North Face, EMEA stronger in ‘challenging’ VF quarter
VF Corp., whose current portfolio includes The North Face (TNF), Vans, Timberland and Dickies, among others, initiated a strategic review of its brand assets after reporting disappointing Q3 results “across the board” that included double-digits declines in total sales, wholesale revenues and for three of its main brands. The group, ...
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ArticleCIE CEO Kevin Mayne to retire later this year
Kevin Mayne, founding CEO and not only “the voice” of the Brussels-based trade and industry association Cycling Industries Europe (CIE), but here and there also of the entire bicycle industry, has announced his retirement this year. Mayne is considered one of the most visible political figures in the cycling industry. ...
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ArticleDeckers reports strong results, raises guidance and names new CEO
Bolstered by strong Q3 gains in the DTC channel, Deckers Brands has reported 35 percent operating income growth, 16 percent revenue expansion on a reported basis, and a 570-basis-point increase in gross margin for the period ended Dec. 31. With the strong results, the Ugg and Hoka parent raised its ...
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ArticleUnifi announces profitability improvement plan, executive promotions
Unifi, a Greensboro, North Carolina-based manufacturer of recycled and synthetic yarns, including Repreve, announced that it has begun implementing a new Profitability Improvement Plan focused on further reducing the company’s costs, streamlining operations and investing in innovation. Unifi’s Profitability Improvement Plan includes a cost reserve and workforce reduction that is ...
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ArticleDometic posts improved profitability, lower Q4 sales
In a seasonally weak quarter where most retail customers worked to get their inventory levels in line, Dometic reported an 89 percent increase in net income to 51 Swedish kroner (€4.5m) despite a 13.7 percent drop in revenues to SEK 5,327 million (€471.7m). The Q4 operating profit dipped 1.5 percent ...
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ArticleNew Head of Finance at Vaude
Melissa Wach is the latest member of Vaude’s management board. She joined the company in December and is responsible for the finance department. Wach has taken over the role of CFO from Erwin Gutensohn, who has retired. He successfully shaped financial management at Vaude for over 30 years and laid ...
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ArticleRiethmann retires from the management of Lowa
Source: Kerstin Rysavy Werner Riethmann After more than 30 years in management, Werner Riethmann retired from the active management of Lowa Sportschuhe GmbH at the age of 75 at the end of December 2023. However, he will remain with the Southern German hiking and mountain footwear specialist ...
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ArticleNew CEO for Protect Our Winters
Source: POW Erin Sprague, new CEO of POW Former board member Erin Sprague has taken on the CEO role at Protect Our Winters (POW). Sprague is the organization’s third CEO in its history and the first woman to lead POW. In a press release, POW stated that ...
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ArticleNew Head of Corporate Responsibility at Mammut
Source: Mammut Tobias Steinegger Tobias Steinegger took up the position as the new Head of Corporate Responsibility at Swiss mountain sports specialist Mammut on Jan. 1, 2024, succeeding Adrian Huber, who held the position for the past 20 years and has now decided to take on a ...
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ArticleEquip Outdoor appoints new CEO
Source: Equip Outdoor Technologies Richard Leedham Equip Outdoor Technologies UK Ltd., the parent company of Rab and Lowe Alpine, has announced the appointment of Richard Leedham as CEO after the company’s owner, Matt Gowar, announced he will step down from the position of CEO in November 2023 ...
