All Blizzard articles
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Article
Tecnica Group reports record financial year
According to its 2022 financial statements just published, Italy’s Tecnica Group looks back on the highest results in its history, with sales of €561 million, up 21 percent year-on-year. Adjusted Ebitda amounted to €94.5 million, up 14 percent compared to FY2021. In 2022, the company also posted a consolidated operating ...
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News briefs
With 27% growth in H1, Tecnica performed better than in 2019
Italian Tecnica Group posted revenues of €173.7 million in its H1 that ended June 30 (+27 percent compared to H1 2020). Ebitda increased to €17.1 million from €2.7 million in H1 last year. The net result shows a loss of €2.5 million (€14.2 million in H1 2020). Lowa, Rollerblade and ...
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Article
Inline skating compensates for Covid-19 impact on Tecnica results
The Tecnica Group reported a 9.8 percent drop in sales to €382 million for 2020 but said it still managed to further improve Ebitda by 10.7 percent to €55 million. The parent of brands such as Nordica, Blizzard, Tecnica, Lowa, Moon Boot and Rollerblade said its outdoor sales fell 10 ...
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News briefs
Tecnica Group North America with new VP, COO
Source: Tecnica Sam Cook Tecnica Group North America has promoted Sam Cook to vice president and chief commercial officer for its alpine and footwear business units. Cook, previously the president of Blizzard Tecnica and responsible for continued growth of the two brands in North America, will oversee ...
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News briefs
Tecnica comments on situation at Ski Excellence Center Austria
Earlier this week, some media reported that the ski manufacturer has stopped production at its Tecnica Group Ski Excellence Center in Mittersill, Austria, which has triggered various suspicions and rumors regarding the Covid-19 situation. The Tecnica Group has now officially commented and clarified that the Tecnica Group and its production ...
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News briefs
Tecnica Group Germany reorganizes sales team
Tecnica Group Germany is reorganizing the sales team for the Blizzard, Tecnica and Tecnica Outdoor brands. On Nov. 1, freelance sales representative Andreas Bockshecker will take over Eastern Germany from Uwe Rabenstein. Holger Dörsam and Uwe Weyrich will travel Northern Bavaria in addition to their current areas. Eastern Bavaria and ...
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News briefs
Tecnica goes partly direct in the U.K.
After 17 years of collaboration, the Tecnica Group has decided to stop working with a distributor in the U.K. and Ireland for the Blizzard, Tecnica and Nordica brands, using sales agents instead. The current distributor, TKC Sales, will deliver the autumn/winter 2020 collections as planned, with the exception of the ...
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Article
Tecnica Group performs better than expected
Tecnica Group reported better-than-expected results for 2019, adding that e-commerce and sales of outdoor products and inline skates were positive in the first quarter of 2020, despite the Covid-19 pandemic. The net turnover of the group went up by 6.4 percent to a record €424 million in 2019, which was ...