Snowsports – Page 6
-
News briefsMajority shareholder Youngone grants short-term loan to Scott Sports Group
The South Korean manufacturer of outdoor clothing and outdoor products Youngone Corporation is granting its Swiss bicycle and winter sports affiliate Scott Sports SA a temporary loan of 150 million Swiss francs (€160.6m). Following the purchase of a 20 percent stake in its long-term business partner Scott Sports Group, which ...
-
News briefsCoDi promotes members of the investment team
Compass Diversified (CoDi), the Connecticut-based owner of PrimaLoft, Boa Technology, 5.11 and Velocity Outdoor, has promoted Raj Dalal from principal to partner and promoted two other members of its investment team. Dalal will lead the team in the firm’s office on the West Coast, where he will be responsible for ...
-
ArticleOsprey sales strong for Helen of Troy
Osprey sales grew in Great Britain, Germany, and France during Q3, driven by strong travel demand and a “robust product line-up.” Helen of Troy executives said the outdoor brand, which introduced a redesigned Sojourn travel series last fall, continues to exceed its expectations. Meanwhile, the parent continued to see consumer ...
-
ArticleArc’teryx obtains injunction against Adidas over Vancouver store, alleged risk of confusion
Arc’teryx obtains injunction against Adidas over Vancouver store and alleged risk of confusion
-
News briefsAmer files registration statement with SEC for projected IPO
Finnish Amer Sports, Inc., which includes the Arc’teryx, Salomon, Wilson, Peak Performance and Atomic brands, among others, announced on Jan. 4, 2024, that it has filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission for a proposed initial public offering of its common stock. The ...
-
News briefsBergfreunde takeover finalized
As previously reported, the French sporting goods manufacturer and retailer Decathlon S.E. signed a purchase agreement in late November with the US outdoor retailer Backcountry to acquire the German mountain sports, climbing and outdoor e-commerce retailer Bergfreunde GmbH. It has now been officially announced that the transaction was completed and ...
-
News briefsForward Outdoor Apparel adds McWilliam and Ducruet to management team
Forward Outdoor Apparel, a Verbier-based outerwear brand for skiers, snowboarders, bikers and hikers that is part of Global Development Co., has appointed a new management team to lead the launch of its next apparel line for FW24/25. Tony McWilliam was appointed Global Brand Director. As the founder of Faction ...
-
News briefsThule’s SVP Corporate Communications is leaving the company
Fredrik Erlandsson has informed the Swedish Thule Group that he will be leaving his position as Senior Vice President Corporate Communications and Investor Relations to take over responsibility for corporate communications and investor relations at the Swedish energy technology company NIBE Industrier and become part of the Group’s Executive Board. ...
-
News briefsSport Achat Hiver to be held end of January, FOA 2024
The French trade show Sport Achat Hiver will take place this year from January 29 to 31 at the Alpexpo in Grenoble. The event will welcome over 4,000 professionals from the outdoor industry to the 20,000 sqm exhibition center. If you would like to attend Sport Achat ...
-
ArticleLaunch of new Interreg project for sustainable outdoor sports
With the Interreg project “AAC – Alpine Awareness Camps,” the Innsbruck-based Verein zur Information über alpine Gefahren (Association for Information on Alpine Dangers), known for its SAAC (Snow & Alpine Awareness Camps) initiative, wants to set new standards for sustainability and digitalization in alpine outdoor sports. From Sept. 1, 2023, ...
-
News briefsUSWE enters liquidity guarantee agreement with Pareto Securities
USWE Sports AB, the Swedish parent company of USWE, Void Cycling and Giant Loop, has entered into a liquidity guarantee agreement with Oslo-based Pareto Securities AB. Pareto Securities will assume the function of liquidity provider on Jan. 2, 2024. The obligation takes place within the framework of Nasdaq First North ...
-
ArticleDevold commits to SBTi
The Norwegian brand Devold has recently committed to setting its climate targets in line with the Science Based Targets Initiative (SBTi). This important commitment is the result of an internal decision to halve the company’s greenhouse gas emissions by 2030 and reduce them to zero by 2050. The SBTi supports ...
-
ArticleEMPOCA: Connecting Black youth with nature and creating future leaders
After meeting Anthony Owosekun at the European Outdoor Summit 2023 (EOS) in Berlin, where he presented the non-profit organization he founded, it is a heartfelt matter for us to introduce him and his NGO to our readers who could not attend EOS last fall. Source: Jasmin Valcarcel / ...
-
News briefsGreen Week: Deuter donates €7,000 to Patron Plasticfree Peaks
Instead of promoting consumption through discounts, Deuter has once again made a sustainability statement this year during Green Week. The German company has donated 10 percent of its online sales from Nov. 20-26, 2023, to the non-profit organization Patron Plasticfree Peaks, which campaigns for a clean environment, raising a total ...
-
News briefsMillet opens new concept store in the heart of Paris
French brand Millet has inaugurated a new store in Paris. The “Millet Camp De Base” (French for base camp), a new retail concept dedicated to the greatest names in mountaineering, is located at 10 rue du Vieux Colombier in the elegant 6th arrondissement. The 260-sqm store celebrates Reinhold Messner, Walter ...
-
News briefsManagement transition at Dale of Norway and Woolland
After a record year for Dale of Norway, Anette Juel Knudtzon is leaving the company after 6 years as CEO of Woolland AS as well as 4 years as CEO of Dale. On Feb. 1, she will take over as CEO of IsaNor Invest. According to Norsk Sportsbransjeforening, Dale of ...
-
News briefs66°North opens US headquarters, announces executive appointments
66°North, an Iceland-based sustainable outerwear brand, is opening a US headquarters in New York City as part of its global expansion plans. Justin Warren has been named Sales Director for North America, where he will also establish the New York office and oversee the launch of wholesale in the US ...
-
ArticleDevold works with software company Celsia to facilitate sustainability reporting
Due to the Corporate Sustainability Reportive Directive (CSRD), a new European directive on sustainability reporting, the outdoor wool clothing brand Devold of Norway started a collaboration with the Norwegian software company Celsia in early December to simplify its sustainability reporting and thus ensure the competitiveness of small and medium-sized companies. ...
-
ArticleBuff intensifies sustainability commitment
Spanish company Buff, which celebrated its official entry into the B-Corp community in 2023, has made significant progress on its journey towards sustainability, which the company prioritizes in all its decisions. In the B Corp certification, Buff managed to achieve a score of 105.7, which is well above industry standards. ...
-
News briefs30 years on, Ternua bets on sustainability
For 2024, Ternua Group expects “slight growth but greater profitability,” according to Marketing Director Imanol Muñoz, who spoke at ISPO Munich with Diffusion Sport. He said it was a slow trade show, lamenting the “absence of French, Italian and Spanish clients.” The brand’s 22 foreign markets account for 33 percent ...
