Latest News & Analysis – Page 8
-
ArticleAllied Feather + Down partners with Nemo for expansion of the Renu:Trace program
Allied Feather + Down, a California-based specialist in high-performance, ethically sourced and recycled down, is expanding its Renu:Trace recycled down program with the help of New Hampshire-based Nemo Equipment’s Endless Promise circular product collection. Nemo will be the first brand to use Allied’s recycling program to produce the world’s first ...
-
ArticleColumbia’s Omni-Heat Infinity is going to space
Omni-Heat Infinity, a heat-reflective technology developed by Columbia Sportswear, will fly into space with the upcoming launch of the Nova-C lunar lander from Intuitive Machines, a space exploration company focused on advancing the commercial use of the moon. In lab simulations leading up to this launch, Intuitive Machines researchers have ...
-
ArticleGlobal winter sports industry unites around Climate Pact, to join UN Race to Zero campaign
The Winter Sports Sustainability Network (WSN), managed by Peak 63 and the Federation of the European Sporting Goods Industry (FESI), in collaboration with Snowsports Industries America (SIA), announced the establishment of a transformative Climate Pact, bringing together prominent ski, snowboard, binding and boot brands from Europe and the US in ...
-
ArticleThule Group coped not too badly with challenging FY
Swedish Thule Group AB ended the challenging financial year with a year-on-year decline in sales of 9.9 percent to total sales of 9.13 billion Swedish kronor (€804.71 million), an operating result of SEK 1.51 billion (€133.08m, -11.8 percent) and a net profit decline of 13.8 percent to SEK 1.10 billion ...
-
ArticleEOCA Selects Four New Conservation Projects to Receive Funding
At the end of a nearly six-month selection process, the European Outdoor Conservation Association (EOCA) – the initiative from the European outdoor industry with the objective of protecting the wild areas it cares so passionately about – announced that €180,000 has just been committed to four new conservation projects in ...
-
ArticleMips with poor 2023, but bike helmet orders are growing
2023 was a challenging year for helmet safety technology provider Mips AB, mainly due to the bicycle helmet category, which was affected by high inventory levels and a drop in demand. The only ray of hope: incoming orders for this very category picked back up for the first time in ...
-
ArticleGoPro counts on some wins despite Q4 and FY losses
GoPro is increasing its retail presence and product range while ramping up its brand exposure at global sporting events, despite reporting Q4 and FY23 operating losses and declines in revenues. Ten months since launching a multi-year growth strategy, the group says it can count on some wins despite the reported ...
-
ArticleUSWE fails to meet Q3 target, strategic focus on North American distribution channels
USWE Sports AB, the Swedish parent company of USWE, Void Cycling and Giant Loop, reported a positive Ebitda in the last two quarters but missed this target in the third quarter (October-December) with an Ebitda of -1.4 million Swedish kroner (€-123,908). For the first nine months of the financial year ...
-
ArticleCake files for insolvency, administrator seeks buyer for business operations
What several Swedish media outlets have already reported has just been confirmed by both the appointed insolvency administrator and on the website of the Swedish manufacturer of electric motorcycles itself: On Feb. 1, Cake 0 Emission AB had to file for insolvency. Lawyer Jakob Callmander from the Stockholm-based law firm ...
-
ArticleLevi Ski Resort: Leading the way with snow security and superior service
Snow reliability is the paramount competitive factor for Levi, a ski resort in Finland. Find out how industry cooperation and innovations are securing the future of the resort.
-
ArticleThe North Face, EMEA stronger in ‘challenging’ VF quarter
VF Corp., whose current portfolio includes The North Face (TNF), Vans, Timberland and Dickies, among others, initiated a strategic review of its brand assets after reporting disappointing Q3 results “across the board” that included double-digits declines in total sales, wholesale revenues and for three of its main brands. The group, ...
-
ArticleIcebreaker is 96.14% plastic-free, last 4% to follow soon
Source: Icebreaker Since 2018, the Icebreaker brand, which was founded in New Zealand in 1995, has been pursuing the goal of banning all synthetic fibers from its collection under the motto “Plastic-free by 23”. Six years later, the Merino pioneer has to admit that the ambitious goal ...
-
ArticleIGOT invites applications for new grant opportunity round
It’s Great Out There Coalition’s grant opportunity round opens for grassroots outdoor organizations.
-
ArticleCIE CEO Kevin Mayne to retire later this year
Kevin Mayne, founding CEO and not only “the voice” of the Brussels-based trade and industry association Cycling Industries Europe (CIE), but here and there also of the entire bicycle industry, has announced his retirement this year. Mayne is considered one of the most visible political figures in the cycling industry. ...
-
ArticleSalomon presents first recyclable winter sports helmet
After four years of development, Salomon presented a ski and snowboard helmet that can be fully recycled at the end of its life. The new Brigade Index is made from polyolefins, a family of flexible and durable thermoplastics that can be recycled into plastic-based items such as flower pots or ...
-
ArticleVista Outdoor posts Q3 loss, but Revelyst inventory improves
Vista Outdoor´s operating loss was $180.0 million against a profit of $96.7 million for the period ended Dec. 24. The net loss was $148.2 million against a profit of $65.1 million as gross margin slid by 190 basis points to 29.7 percent from 31.6 percent. Total sales fell 9.6 percent ...
-
ArticleDeckers reports strong results, raises guidance and names new CEO
Bolstered by strong Q3 gains in the DTC channel, Deckers Brands has reported 35 percent operating income growth, 16 percent revenue expansion on a reported basis, and a 570-basis-point increase in gross margin for the period ended Dec. 31. With the strong results, the Ugg and Hoka parent raised its ...
-
ArticleSea to Summit acquires Cirdan, bolsters presence in Scandinavia
Australian adventure brand Sea to Summit Pty Ltd has announced the acquisition of Cirdan AS, its current distribution partner in Norway, Sweden and Finland, effective Feb. 1, 2024. Cirdan has a head office in Lorenskog, Norway, a sales office in Stockholm, Sweden, and an agent office in Helsinki, Finland and ...
-
ArticleProwinter 2024 scores with increased internationality and first concurrent ski test
The 24th Prowinter took place in Bolzano, Italy, at the beginning of January, extended to 3 days and for the first time with a parallel ski test. We attended the trade show to find out whether it has the potential to become the new meeting place for the Central European ski industry.
-
ArticleRevelyst provides ‘GEAR Up’ transformation update, closes offices and consolidates teams
Revelyst, the segment of Vista Outdoor Inc. that will become a stand-alone public company later this year, announced an update on its “GEAR Up” transformation initiative (the title refers to the future ticker name “GEAR” of Revelyst on the New York Stock Exchange). As part of the spin-off process, Revelyst ...
