All Climbing articles – Page 3
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Article
Quarterly 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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REI 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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Article
La 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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OICompass 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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Article
Columbia 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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Mips 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 briefs
Olympics-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 briefs
Klättermusen 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 briefs
New 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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Article
TNF 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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Norrøna 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 ...
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News briefs
New CFO for Mammut
Source: Mammut Dr Oliver Merz Swiss mountain sports brand Mammut has appointed Dr Oliver Merz as its new Chief Financial Officer (CFO). In his role, Merz will be responsible for Mammut’s controlling, finance, accounting, tax, legal & compliance and IT functions. Merz’s proven track record in scaling ...
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News briefs
Arc’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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News briefs
Trango announces 5-year safety gear provider partnership wih IFSC
Colorado-based climbing gear provider Trango and the International Federation of Sport Climbing (IFSC) announced the beginning of a five-year partnership that will make Trango the sole provider of safety gear for all IFSC Lead competitions from 2024 to 2028. Kicking off with the IFSC World Cup in Wujiang, China, from ...
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News briefs
Patagonia opens its first store in Amsterdam
Source: Patagonia US outdoor brand Patagonia has opened a store in Amsterdam. It is its first retail location in the Dutch capital city and 11th flagship in Europe. Amsterdam has been home to Patagonia’s EMEA headquarters for the past ten years. The new store stands on the ...
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News briefs
Mammut changes distribution in Austria after 35 years
Over the past year and a half, Mammut has reorganized its global sales and introduced a new sales structure for the European markets. The core markets of Germany and Switzerland are already managed directly by Mammut. From 2024, Mammut will also manage the Austrian market as a direct sales company. ...
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Article
Samsonite aims for dual listing
Samsonite International S.A., the parent company of Gregory, High Sierra and a number of travel luggage brands, announced that the company’s Board of Directors has authorized management to seek a listing of the company’s shares on a second leading stock exchange in addition to the Hong Kong Stock Exchange. The ...
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Article
Slump in sales of bike helmets causes two-digit drop in Mips’ 2023 results
The Swedish supplier of safety technology for helmets, Mips AB, closed FY 2023 with a 37 percent decline in sales (39 percent adjusted for currency effects) compared to the previous year and achieved total sales of SEK 357 million (€31.20m). According to the company, the double-digit drop in sales is ...
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News briefs
Recco enters into strategic partnership with Alpine Club of Canada
Recco has entered into a strategic partnership with the Alpine Club of Canada (ACC). The partnership will enhance the safety of the ACC volunteer network, educate the ACC community at large about backcountry safety and findability, and contribute to Recco’s mission of enabling findability for all backcountry users. Headquartered in ...
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News briefs
The winners of the UK Outdoor Industry Awards 2023
The OIA has announced the winners of the UK Outdoor Industry Awards 2023, which were presented at the 2024 OIA Conference at Drayton Manor Resort, Tamworth. The awards process began at the Outdoor Trade Show (OTS) 2023, which took place in Liverpool in June. There, a panel of judges made ...