Snowsports – Page 7
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Article
Tecnica Group reports stable financial results in 2024, with Lowa leading growth
Despite a 4% revenue dip, the Italian group reports solid 2024 results, with Lowa driving growth and a strategic push into digital and sustainability.
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Vaude receives “Leader Status” for a tenth consecutive year
The German outdoor brand has once again been recognized for its commitment to fair working conditions, securing the Fair Wear “Leader Status.”
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News briefs
Löffler’s ‘Second Life’ initiative extends the lifespan of apparel
The Austrian sportswear manufacturer expands its circular economy efforts with upcycling, recycling and resale programs.
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News briefs
Bergans supports Dale Oen Academy’s youth expedition
The outdoor brand equips young adventurers for four-day trek from Finse to Geilo in Norway.
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VF Corp. charts course for growth with renewed brand strategy
VF Corp. unveils an ambitious roadmap for Vans, The North Face and Timberland, aiming for premium positioning, market expansion and stronger brand appeal.
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S&P: Outlook for Kontoor Brands has turned negative following acquisition of Helly Hansen
S&P Global revises the group’s outlook to negative after the $700m buyout, citing leverage concerns and execution risks.
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Clarus reports Q4 and FY24 results amid heavy impairment charges
Clarus reports a $65.5 million Q4 loss amid heavy impairments but sees growth in its outdoor segment while adventure sales struggle.
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Canadian Tire unveils ‘True North’ strategy
The sale of Helly Hansen was just the beginning of a new strategy that the Canadian company is pursuing to streamline its portfolio and refocus on its core retail business.
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Rapala VMC makes progress stabilizing business in FY24
As the Finnish group prepares for a CEO transition, it reports mixed FY24 results, citing progress in efficiency and brand positioning.
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KMD Brands names Brent Scrimshaw as new group CEO
The former Nike executive takes the helm of the New Zealand-based group amid financial challenges.
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Fenix Outdoor acquires majority stake in Devold of Norway
The parent of Fjällräven, Hanwag and Tierra is strengthening its portfolio by acquiring 65% of the shares in the Norwegian wool underwear specialist.
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News briefs
Nikwax launches PFAS-free hydrophobic down
Nikwax sets new industry standards with the sustainable, water-resistant Direct.Dry Down for outdoor enthusiasts.
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Article
Mixed results for CoDi’s outdoor business in Q4
Compass Diversified’s outdoor brands saw mixed Q4 results, with Boa and PrimaLoft growing while 5.11 and Velocity Outdoor struggled.
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News briefs
eVent Fabrics unveils ultralight, ultra-breathable weather protection
he US-based fabric technology specialist debuts stormburstLT, an ultralight, breathable and windproof laminate designed for high-exertion activities like running and skiing.
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News briefs
Ortovox partners with Cody Townsend
The German company partners with the ski icon to promote avalanche safety, advancing innovative gear for freeride and backcountry skiers.
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Article
Hollywood set to take Revelyst’s storytelling to new level
The outdoor brand collective partners with the production company Sierra Pictures to integrate its brands into film and TV, unlocking new storytelling and marketing opportunities.
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News briefs
New Brand Director for Salewa
Nol Gerritse will take up his position in May and bring his global expertise to manage the mountain sports brand under the Oberalp umbrella.
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News briefs
Ortovox appoints new CEO
The German company named Stefan Kohlbauer as CEO, reinforcing its commitment to innovation, sustainability and high-performance mountain gear.
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Article
Head presents recyclable ski
The Austrian ski maker has introduced a revolutionary sustainable ski that reduces CO₂ emissions by 26% and allows material reuse up to five times.
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News briefs
Pelotan launches crowdfunding campaign for global expansion
The young sunscreen brand trusted by elite athletes opens crowdfunding to fuel global expansion.