All Climbing articles – Page 10
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ArticleVF share plummets 11.7% after poor Q4 results, but beats full-year cash flow forecast
VF Corp. failed to exceed consensus estimates for quarterly sales and profit for a fourth consecutive quarter. The latest bad news for the parent of The North Face (TNF), Vans, Timberland and Dickies, among others, sent VF’s shares down 11.7 percent in after-market trading on May 22. The stock has ...
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News briefsBerghaus with new DACH marketing team
Source: Berghaus Stephanie Demuth British outdoor specialist Berghaus has reorganized its marketing team for the DACH region (Germany, Austria, Switzerland), confirming its growth strategy in the German-speaking market. Responsible for the change is Pentland Brands Deutschland GmbH in Gmund, which – in addition to Berghaus – also ...
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ArticleAmer Sports’ Q1 revenue growth driven by Arc’teryx
Bolstered by constant-currency growth of 48 percent for its Technical Apparel segment, including the Arc’teryx business, Amer Sports delivered Q1 sales and profitability above guidance in Q1. Operating profit fell by 16 percent to $109.0 million from $130.4 million in the period ended March 31. Ebit tumbled by 67 percent ...
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News briefsEquip creates role of European Sales Director
Source: Equip Hervé Domenighini Equip Outdoor Technologies UK Ltd, owner of the Rab and Lowe Alpine brands, has appointed Hervé Domenighini as European Sales Director. He will join the company on June 12th. In this newly created role, Domenighini will lead Equip’s strategic commercial activities in Europe, ...
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ArticlePatagonia: Free repairs at European climbing and bouldering spots
This spring, the Worn Wear Repair Team will be heading to climbing and bouldering spots in Europe as part of the Patagonia Worn Wear Climb Tour 2024. Source: Patagonia Patagonia Worn Wear’s custom-built repair vehicle The two custom-built repair vehicles, designed in-house to reach even the most ...
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News briefsHaglöfs’ CEO steps down
Source: Haglöfs Fredrik Ohlsson leaves his post as CEO of Haglöfs Swedish outdoor brand Haglöfs announced a change at the top of the company on May 17. Fredrik Ohlsson, who has led the company for five years, will step down as CEO. This decision is in line ...
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News briefsTNF opens new concept store in Singapore
The North Face (TNF) returns to Singapore’s retail landscape courtesy of one of the Middle East’s leading family conglomerates, GMG, following its withdrawal in 2017. The new concept store, with a retail space of around 230 sqm in VivoCity, is the first of its kind Southeast Asia and features products ...
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ArticleEmerging ‘proof points’ are positive news for Wolverine
In a self-proclaimed “transition year,” Wolverine Worldwide is beginning to witness ”proof points” that it hopes will signal an ongoing turnaround for the Saucony, Merrell and Sweaty Betty parent. These developments in Q1, where the company exceeded Wall Street’s revenue guidance, included higher gross margins, less promotion in the direct-to-consumer ...
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News briefsMontane becomes a Bluesign System Partner
Montane, the outdoor clothing and equipment brand based in Northumberland, UK, has obtained Bluesign System Partner status. The brand explains on its website that many of the fabrics and trims it uses have been Bluesign-approved for years. In January, Montane published its first-ever Impact Report as part of its commitment ...
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ArticleQuarterly loss widens at Clarus
Despite the wider operating loss and slightly lower overall sales, Clarus, the parent of Black Diamond, Pieps, Rhino-Rack, Maxtrax and Tred Outdoors, saw sales momentum in its Adventure segment and operational improvement within the Outdoor segment. The period ending March 31 marked the first phase of the group’s three-year strategic ...
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ArticleREI posts $3.76 billion in revenue in 2023, but loses $311 million net
US specialty outdoor retailer REI Co-op released its impact report and financial results for 2023 on April 30. The year closed with $3.76 billion in net sales and nearly $270 million invested back into the co-op community. Net sales were down 2.4 percent from 2022, and the co-op reported a ...
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ArticleLa Sportiva opens first US retail store in Colorado
Italian mountain sports brand La Sportiva celebrated its first retail store in the US with a Grand Opening event in Boulder, Colorado, on April 18-19. The new location at 2100 Broadway has been open to the public since Jan. 2, 2024. The Grand Opening helped underscore the brand’s commitment to ...
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ArticleOICompass supports POW initiative: Promoting a sustainable future in EU elections
Discover how POW Europe is mobilizing the outdoor industry to promote sustainable policies in the upcoming EU elections.
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ArticleColumbia lifts FY guidance slightly despite lower Q1 profit
Columbia Sportswear continues to project a 2 to 4 percent annual sales decline to $3.35 to $3.42 billion for the full fiscal year but has raised its operating profit outlook from a prior forecast by a modest 1 percent to $259–$291 million. Annual gross margin is now forecast to expand ...
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ArticleMips with good start into 2024 on the back of bike market recovery
For the first time, the slump in the bicycle market was no longer the main reason for the decline in sales in Mips’ Q1 2024 earnings report, as was previously the case. Not the subcategory “Bicycle,” but the subcategory “Snow” was the main driver of the 6 percent decline in ...
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News briefsOlympics-bound US climber Jesse Grupper signs with Trango
Colorado-based climbing brand Trango announced a new partnership with U.S. climber and US Olympic team member Jesse Grupper. Grupper has qualified for the 2024 Paris Summer Olympic Games and is a member of the US Climbing Team. He secured his Olympic ticket by winning the 2023 Pan American Championships. ...
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News briefsKlättermusen opens first Swedish store after almost half a century
While the Swedish sustainable outdoor brand Klättermusen works with a large number of retailers worldwide, including fashion, sports and outdoor stores, and operates own stores in Asia, including one in Seoul, it did not have any own stores in Europe until the opening of its 36 Kings Road location in ...
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News briefsNew addition to Dynafit’s international marketing team
Source: Dynafit Veronica Glaser On April 1, 2024, Veronica Glaser joined mountain sports brand Dynafit, part of the Italian Oberalp Group, as Events & Internal Communications Manager. Glaser has a diverse professional background in the sports industry and most recently worked as Sponsoring Manager at Denk Pro ...
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ArticleTNF presents Paris 2024 climbing uniforms for USA, Japan, South Korea and Austria
Earlier this week, The North Face (TNF) unveiled the official sport climbing competition uniforms to be worn by athletes from the US, Japan, South Korea and Austria in the Paris 2024 Olympic Games. TNF explained that each piece was meticulously constructed, pattern making was analyzed with 3D soft-wear, and garments ...
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ArticleNorrøna becomes member of Fair Wear Foundation
Norwegian family-owned outdoor company Norrøna announced its new membership with non-profit organization Fair Wear Foundation. The membership is a key step toward the sustainability targets outlined in its Norrøna 2029 Roadmap, which aims for the brand being the most responsible outdoor company. “An important aspect of becoming the most responsible ...
