All Black Diamond articles – Page 2
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ArticleClarus open to buy more “Super Fan” brands after record year
Clarus Corp., whose expanding portfolio now includes seven brands and three operating segments, generated a 99 percent increase in fourth-quarter net income to $14,046,000 from $7,069,000 on 56 percent topline growth to $118,183,000 from $75,947,000 for the period ended Dec. 31. Sales increased by 34 percent in the U.S. to ...
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News briefsGreen Theme Technologies launches more PFOA free Empel DWRs
U.S. company Green Theme Technologies (GTT) is launching a series of new DWR treatments based on its dry-finishing Empel platform. The new technologies provide DWR, anti-wicking and stain-release properties, PFOA/PFOS-free as tested by Bureau Veritas. From the field of outdoor apparel, brands like Artilect, Black Diamond, Trew Gear, Stoney Creek ...
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ArticleBlack Diamond’s 20% gains help Clarus post higher Q3 sales
Clarus Corp. reported a jump in net earnings on an adjusted basis of 97 percent to $4.53 million in the third quarter ended Sept. 30, as sales grew by 69 percent to a record $109.0 million, with a 67 percent gain in constant currencies. On a pro forma basis, including ...
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News briefsNew BD climbing harness with integrated Recco reflector
Black Diamond (BD), a longtime brand partner, has integrated Recco technology directly into its Technician climbing harness. The rescue reflector is sewn into the harness, making it easier and faster for lost, injured or missing climbers equipped with the harness to be found by professional rescue teams utilizing Recco’s SAR ...
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News briefsClarus to generate new capital by offering 2.75 million shares of common stock
Clarus Corporation, a Salt Lake City, Utah-based company with brands including Black Diamond, Pieps and Rhino-Rack, announced that it intends to offer 2,750,000 shares of common stock and use the net proceeds from the offering for general corporate purposes, including repayment of debt, capital expenditures and potential acquisitions. The company ...
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News briefsClarus sees Q3 sales up 66-67%
Clarus Corp., the Utah-based parent company of Black Diamond and Pieps, said it expects sales in the third quarter ended Sept. 30 to grow by 66 to 67 percent on the year-earlier to reach $107-$108 million, as it pointed to momentum across all brands. Black Diamond sales are expected to ...
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ArticleBlack Diamond hires ski industry veteran Mike Hattrup
Salt Lake City-based outdoor company Black Diamond Equipment has named Mike Hattrup business unit director for its ski category. Hattrup will be responsible for the brand’s entire ski and snow safety category, including skis, avalanche transceivers, JetForce airbag backpacks, probes, shovels, as well as snowpacks and ski poles. As business ...
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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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News briefs
Management changes at Black Diamond
Clarus brand Black Diamond ( BD ) is still undergoing a restructuring process in its Salt Lake City headquarters. According to a recent press release, Oliver Holzmann joined the team back in April 2020, taking on the position of vice president of global marketing. In his previous ...
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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 ...
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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 ...
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News briefs
Black Diamond starts using NuOrder digital platform for retailers
Beginning with the fall/winter 2021 buying season, Black Diamond is organizing all of its orders on the NuOrder digital buying platform. The B2B e-commerce platform for wholesalers hosts order forms, budget control tools, campaigns, catalog creation tools, whiteboarding and more. Black Diamond will manage its wholesale operations globally ...
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ArticleBlack Diamond parent Clarus sees strong growth
Clarus Corp , the parent company of Black Diamond and Pieps , announced that revenues in the fourth quarter surged by 24 percent to $75.9 million, or by 23 percent in constant currencies. This was mostly due to the company’s ammunition division, particularly gains in the Sierra Bullets ...
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News briefs
Clarus announces preliminary Q4 and full-year 2020 results
Clarus Corp , the parent company of Black Diamond and Pieps , said in a preliminary statement on its fourth-quarter and 2020 full-year results that revenue in the latest quarter rose 23 percent from $61.0 million to about $75.0 million. This was largely the credit of the company’s ammunition ...
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ArticleBlack Diamond sales improve but remain below last year
Clarus Corp reported third-quarter sales for Black Diamond (BD), the group’s biggest brand, that bounced back from the second quarter, when revenues were hit by store closures in Europe and America. However, BD still posted an 8 percent decline in revenues compared with the third quarter of 2019, ...
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ArticleClarus expects lower sales for Black Diamond
While releasing preliminary results for the third quarter, Clarus Corp said it expects another quarter of declining sales for Black Diamond (BD), the group’s biggest brand. After recording a 47 percent drop in the second quarter, hit by store closures in Europe and America, BD will post a ...
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News briefs
Black Diamond partners with POW and FWT
Black Diamond Equipment announced a new partnership with Protect out Winters ( POW ). While it commenced with POW’s “Outdoor State” campaign in the U.S. in an effort to encourage people to vote, it is an annual partnership that will focus on climate advocacy. Additionally, Black Diamond and ...
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News briefs
Clarus raises $11.5m from three top investors to bolster financial strength
Utah-based Clarus Corporation, parent company of Black Diamond, Pieps, Sierra Bullets and Skinourishment, entered into an agreement with three of its top 10 investors - Brown Advisory, Greenhouse Funds and TT Investimentos - to sell 900,000 registered shares of the company to support future growth. The sale will be priced ...
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ArticleClarus expects Black Diamond and Sierra to grow
In a presentation at this year’s virtual edition of the Gateway Conference in San Francisco, an annual invite-only conference that brings together the most compelling companies with the nation’s top investors and analysts, Clarus called the Covid-19 pandemic a “potential blessing” for its Black Diamond and Sierra ...
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ArticleSluggish sales for Black Diamond
A weak performance from Black Diamond , Clarus Corp ’s biggest brand, pushed the group’s sales for the second quarter down by 36 percent to $30.0 million. The parent company of BD, Pieps and Sierra Bullets saw its net loss widen to $2.7 million, from $0.7 million for ...
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