All Amer Sports articles
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News briefsArc’teryx opens first Parisian store and announces second address
Arc’teryx has opened a store at 42 rue des Francs-Bourgeois, in Paris’ Marais district. It is the brand’s first brick-and-mortar store in France’s capital city. Arc’teryx has been present in Paris for many years through the wholesale channel. The Vancouver-based outdoor and performance apparel brand has also announced that it ...
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ArticleArc’teryx helps Amer Sports grow sales in first quarter as public company
Thirty-four days after raising $1.365 billion in an NYSE IPO, Amer Sports conducted its first earnings call as a public company yesterday. While the Arc’teryx, Salomon and Peak Performance parent delivered Q4 revenues some $20 million above expectations, the quarterly loss was wider than expected. Amre’s shares finished the trading ...
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News briefsAmer files registration statement with SEC for projected IPO
Finnish Amer Sports, Inc., which includes the Arc’teryx, Salomon, Wilson, Peak Performance and Atomic brands, among others, announced on Jan. 4, 2024, that it has filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission for a proposed initial public offering of its common stock. The ...
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News briefsEnve streamlines European distribution
Enve, part of Amer Sports since 2016, has announced an expansion of its partnership deal with Mohawk’s Cycle, its long-standing French distributor. Mohawk’s has now become the sole distribution partner for Enve throughout the European Union, except for Austria and Germany. Mohawk’s will manage inventory and distribution from Taverny in ...
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ArticleEOG project is targeting half a billion kilograms of CO2 emissions
The European Outdoor Group (EOG) has published an update on its long-term Carbon Reduction Project. Working with the Apparel Impact Institute (AII) and ten EOG members, the project team completed an audit of 16 manufacturing facilities and established that their combined CO2 emissions totaled almost half a billion kilograms in ...
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ArticleQ3 Bicycle Industry Stock Chart: Bike manufacturers had to cut back
Even though the long-term prospects of the bicycle sector are looking promising, it is currently operating in difficult terrain. This is also reflected by The Outdoor Industry Compass’ Q3 analysis of the bicycle industry stock market.
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News briefsArc’teryx seeks legal action against Adidas Terrex store namings in the US
After Arc’teryx owner Amer Sports Canada Inc. sued Adidas’ Canadian subsidiary back in February for opening a Terrex store in Vancouver (a ruling is pending here), the dispute is now heading across the border to the USA, where the Canadian outdoor brand is seeking to block Adidas from registering the ...
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News briefsAmer Sports with best H1 since acquisition by Anta Sports
Helsinki-based sports equipment manufacturer Amer Sports has recorded its best H1 since the company was acquired by a consortium of buyers led by the Chinese group Anta Sports Products Ltd. in 2019. Amer’s revenues rose by 37 percent to 13.27 million yuan renminbi (€1.77bn) for the six months ended June ...
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News briefsSalomon opens flagship store in Annecy
Salomon has opened a new brand store in Annecy, a city in the French Alps close to the Swiss border, where the brand was born in 1947. The new store is just a few steps from the brand’s Annecy Design Center, where every Salomon product is designed, developed and prototyped. ...
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News briefsSalomon publishes first impact report
Following its sister company Atomic’s impact statement, Salomon has also published its first-ever annual sustainability report. After a full carbon inventory, the French brand’s science-based targets have been officially approved for 2022 (aiming for a 50 percent absolute reduction in Scope 1 & 2 carbon emissions and a 30 percent ...
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News briefsSalomon collaborates with sports physiologist
Salomon has announced that its sport science team and athletes will be collaborating with Dr. Guillaume Millet to improve performance and health in trail running. ` Dr. Millet is professor of sports physiology at the Jean Monnet University in Saint-Etienne, France. His studies focus on the impact of extreme exercise ...
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News briefsAmer’s Enve Composites has a new GM
Source: Enve Composites Mike Stimola, Enve’s new GM U.S.-based Enve Composites, a manufacturer of carbon bicycle frames, wheels and components and, more recently, apparel, has a new general manager. Mike Stimola succeeded Jeremy Venz at the turn of the year. Under Venz, who joined Enve in 2005 ...
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ArticleAnta CEO hands over duties while group reshuffles management positions
To facilitate the implementation of the group’s “multi-brand” and “globalization” strategies, Anta Sports separated the roles of chairman and CEO and implemented several other executive changes.
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News briefs
Anta is weighing up IPO of Amer Sports
Anta Sports is considering an initial public offering (IPO) of Amer Sports, Bloomberg has reported, drawing its information from people familiar with the matter who asked not to be identified. Amer Sports includes brands like Wilson, Arc’teryx, Salomon, and Atomic. The company and its co-investors are holding preliminary negotiations with ...
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News briefsArc’teryx to double investment in climbing community marketing
Canadian brand Arc’teryx announced it will provide 5 million Canadian dollars (roughly €3.8 million) over the next five years to community leaders and organizations working to promote equal access to climbing, as well as to high-level climbers. The investment would double the company’s current financial commitment to the sport, which ...
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News briefsArc’teryx opens largest ReBird repair center globally in Boulder
Canadian brand Arc’teryx has opened a new brand store in Boulder, Colorado, integrating a hybrid retail store and service center that includes in-store care and repair and after-sales product support. With three pillars of upcycling, resale, and care and repair, the service center offers circular services, including ...
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News briefsPeak Performance sustainability report 2021 published
The Amer Sports brand Peak Performance has published its sustainability report 2021. The comprehensive paper highlights the main actions taken during the year and delivers a full list of Tier 1 and 2 suppliers and material info. Besides the successes made, the long-term circularity goals are defined for product longevity, ...
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ArticleBicycle Stocks Q2 2022: Russia’s invasion causes market low
After the stock market booster called hope catapulted the OIC Bicycle Stock Chart 2021 to new heights and seemed to defy all realities, the high flight ended with Russia’s invasion of Ukraine. The chart of the first quarter of 2022 already showed a steep decline, which now also continued in the second quarter.
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News briefsRottefella victorious in patent lawsuit
According to a LinkedIn post by Rottefella, the company, together with Madhus, won a patent lawsuit against Amer Sports and its Salomon and Atomic brands at the Oslo District Court. The lawsuit involved patent rights for detachable bindings for cross-country skis and a solution for easy adjustment and installation of ...
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News briefsMoody’s upgrades Amer Sports’ outlook to positive on strong nine-month sales growth
Rating agency Moody’s reports that Amer Sports, the parent of Arc’teryx, Salomon, Wilson, Peak Performance, Suunto and Atomic, which has been majority controlled by Chinese sportswear giant Anta Sports since 2019, reported solid sales growth of +29 percent in the first nine months of 2021. The gains were driven by ...
