Scarpa has a new minority shareholder
Italian investment holding company Nuo acquired a stake in the company, with Cornaro, the family holding company, retaining majority ownership and control.
Columbia’s brand awareness rises in Europe despite Q2 loss
While performing better in important overseas markets than in North America, Columbia Sportswear maintains its full-year guidance despite a weak second quarter.
Salomon's new Softgoods unit gets a global head of product
Salomon has appointed Guillaume Meyzenq as the new Global Chief Product Officer for its new softgoods business unit.
Brand-neutral Sidas Academy grows, congress this fall
The Sidas Academy training and education program is growing, and the Bootfitting Congress will take place this September.
LionRock forms joint venture to grow Haglöfs in Greater China
To establish and expand the Haglöfs brand in the Greater China region, LionRock Capital founded a joint venture with the wholly owned subsidiary Affluent Team Global Limited of Viva Goods Company Limited in June 2024. LionRock, based in Hong Kong, acquired Haglöfs from Asics in December 2023. The new joint ...
Devold Transparency Map: Voluntary report in line with CSRD
Norwegian brand Devold has voluntarily committed to reporting on the 2024 financial year as part of the Corporate Sustainability Reporting Directive (CSRD). The focus is on the impact of the company’s supply chain.
Mips sales bounce back to double-digit growth
In the second quarter of 2024, Mips AB generated net sales of 133 million Swedish kroner (€11.54m). According to the company, the sales growth of 30.4 percent compared to Q2 2023 can primarily be attributed to a normalizing inventory situation in the sports category.
Thule Group operating income rises 3% in Q2
Thule Group AB, despite a promotional North American market and lower RV products across Europe and Rest of World, reported a 3 percent gain in operating income to 732 million Swedish kroner (€63.3m) for the quarter ended June 30. Net income increased by 3.7 percent to SEK 559 million (€48.4m) ...
Canada Goose hires new Chief Digital & Information Officer
Alfredo Cunanan Mendoza Tan is Canada Goose’s new Chief Digital & Information Officer.
Intersport celebrates 40 years of private label McKinley
Founded in 1984 and named after North America’s highest peak, McKinley has become the flagship private label brand of Intersport. This year, Intersport proudly celebrates four decades of McKinley.
WNDR Alpine launches all-season outdoor gear made with 100% biobased materials
Salt Lake City-based WNDR Alpine makes outdoor gear and apparel with materials derived from microalgae oil. The brand is refining and expanding its hard and soft goods in celebration of its fifth anniversary this July.
Arc’teryx opens brand store in Munich
After opening its first store in Berlin at the beginning of June, Arc’teryx opened its first brand store in Munich on July 6, 2024 at Theatinerstraße 36.
Outdoor slowdown impacts Helen of Troy results
Helen of Troy experienced a 520-basis point decline in Q1 adjusted operating margin for its Home & Outdoor segment to 10.6 percent from 15.8 percent for the period ended May 31.
Interim CEO of Brav promoted to permanent role
Norwegian holding company Ferd AS as owner and the Board of Directors of Brav have appointed Erik Gunset Sønsterud as permanent CEO following an extensive recruitment process. During his time as interim CEO since Dec.18, 2023, after Espen Falck Engelstad stepped down from the position, Sønsterud oversaw several successful business ...
Protect Our Winters hires its first COO
The Colorado-based climate advocacy organization Protect Our Winters (POW) announced that it has hired its very first Chief Operating Officer.
Aclima obtains distribution rights for key European countries
Norwegian merino wool clothing specialist Aclima is taking over the distribution of its own brand for Denmark, Germany, Austria and Benelux with immediate effect. The takeover is part of an asset deal with Aclima’s previous, long-standing distribution partner Odex, which also includes key employees such as Thor Andersen (Director), Anders ...
Scott Sports names Hap Seliga President of its US business
Scott Sports SA has appointed US industry veteran Hap Seliga as the new President of its subsidiary Scott Corporation. Together with the teams in Salt Lake City, Utah, and Ogden, Utah, Seliga will drive growth in the US market and consolidate the Swiss bike and outdoor supplier’s position as an ...
Kent Outdoors appoints new CEO
Utah-based Kent Outdoors has named Randy Hales as its new CEO. Hales brings decades of experience in the consumer products industry and has held executive positions at several high-growth companies, including CEO of Next Level Apparel, a blank apparel manufacturer; CEO of Zagg, Inc., a global mobile accessories company; and ...
Hervis Update: Hanfeld to assume sole responsibility
Austrian sports retailer Hervis is taking the next step in its ongoing restructuring: Dr. Ulrich Hanfeld will take over sole management responsibility by the end of June 2024. We reported earlier this month that the retail chain would be run by a management duo.
New Country Manager Austria for Mammut
The Swiss Mammut Sports Group AG has appointed a new Country Manager for Austria. Mammut has been active on the Austrian market for 35 years. In the last one and a half years, global sales have been reorganized, and sales for the European markets have also been restructured. While Germany ...