Snowsports – Page 75
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News briefs
Verdane invests in Active Brands
Active Brands has brought another significant investment firm onboard alongside FSN Capital. Verdane, a European specialist growth equity investor, will become a new minority shareholder, according to a statement. FSN, an investor in Active Brands since 2017, will remain a shareholder. Active Brands owns the brands Kari Traa, Sweet Protection, ...
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News briefsRussia’s Kant reports jump in sales in winter months
With sales in November-December up 30 to 40 percent compared to the same period last year, Russian sporting goods retailer Kant reported that the current winter season is going exceptionally well. In January, sales declined slightly, but were still 15 to 20 percent higher than last year. Co-owner Maxim Vinogradov ...
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News briefsThe Microfibre Consortium invests in research and networking HR
Source: The Microfibre Consortium Dr Kelly Sheridan, head of research at The Microfibre Consortium Following the launch of the Microfibre 2030 commitment last year (which seeks a more active role for members and proactive, cross-industry work), The Microfibre Consortium (TMC) has expanded its team, adding three new ...
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News briefsOutdoor Broker merges with Bergzeit GmbH
With a clearance sale including discounts up to 70 percent, German overstock dealer Outdoor Broker is preparing its merger with Bergzeit GmbH. Outdoor Broker has already been working closely with Bergzeit GmbH at its administrative headquarters in Otterfing, Bavaria, since 2017. Due to the overlapping customer base, the two companies ...
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News briefs
ISPO Shanghai takes place in June
Messe München’s Chinese representative has announced the dates for this year’s ISPO Shanghai. The show serves as the leading multi-segment summer trade show for the sports industry in Asia. Originally scheduled for mid-July, the event will now take place June 16-18, 2022, at the Shanghai New International Expo Center (SNIEC). ...
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ArticleCanadian Tire beats sales estimates in Q4 as consumers splurge on sports goods
Toronto-based Canadian Tire Corporation (CTC) reported better-than-expected fourth-quarter revenue, driven by a surge in spending on sporting goods, garden equipment and home decor during the Christmas season, along with higher fuel prices at its petrol stations. The company, which owns the Norwegian outdoor brand Helly Hansen, said total revenue for ...
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ArticleHaglöfs reports record year
Haglöfs has announced – without releasing figures – that it achieved strong sales and record profits in 2021. The company attributes the positive performance to continuous improvements in its brand experience, products, and distribution channel mix. Haglöfs has also raised the bar for its sustainability work with an ambitious new ...
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ArticleConstruction of the new Dynafit headquarters has begun
In the near future, Dynafit will be headquartered in Kiefersfelden, a town at the German-Austrian border in Upper Bavaria. On Feb. 17, the Oberalp Group, the owner of the Dynafit brand, broke ground for the construction of a new office building. Two striking structures with offices, a climbing hall, a ...
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News briefsNew global marketing director for Völkl, Marker, Dalbello
Source: Völkl Marker Dalbello Sports Max Kalbfell Max Kalbfell, a marketing specialist with a strong background in the automotive industry, has been appointed global marketing director for Völkl Marker Dalbello Sports. In his new position, he is responsible for the global brand presence of the Marker, Dalbello ...
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ArticleAn increasing number of brands is entering the apparel rental business
For outdoor and sports equipment brands, the rental business is an essential pillar for a sustainable business. And now, a growing number of companies are offering apparel as well. Here’s an overview.
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ArticleColeman helps boost Q4 sales at Newell Brands outdoor unit
Final quarter sales at Newell Brands Outdoor & Recreation division rose to $304 million from $249 million a year ago, as growth in the outdoor equipment and beverage categories offset a slight decline in technical apparel. Core sales at the division, home of the Coleman, Campingaz and Marmot brands, grew ...
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ArticleCallaway sees continued robust growth, Jack Wolfskin relaunch progressing well
Callaway Golf predicted another year of robust topline growth in 2022, after revenues in the fourth quarter jumped by 90.0 percent to $711.7 million, benefiting from “strong momentum” at Jack Wolfskin and TravisMathew and the addition of Topgolf earlier in the year. The growth for the new year is expected ...
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ArticleNew Wave’s sales growth driven by Sports & Leisure
The Swedish-based New Wave Group, which owns sports brands like Craft and Cutter & Back and distributes several others, saw total sales in the last quarter increase by 23 percent to 2,307 million Swedish kronor (€218.7m), with the growth driven by its Sports & Leisure segment. At constant currency rates, ...
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News briefsSustainable Apparel Coalition starts new project for due diligence in the supply chain
The nonprofit Sustainable Apparel Coalition (SAC), an organization that advocates for sustainable practices in the consumer goods industry, has partnered with the Initiative for Global Solidarity (IGS) to coordinate a new project to promote industry-wide convergence of methodologies for assessing environmental, social and labor conditions in the apparel and footwear ...
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News briefsGoldwin forecasts decline in operating income of 5.7%
Goldwin, the Japanese company whose brand portfolio includes territorial trademark rights or licenses for some western sports brands, is currently forecasting a 5.7 percent drop in annual operating earnings to 14 billion yen (€107.6m) for the 12 months ending March 31, 2022. Annual revenues are predicted to rise by 10.5 ...
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ArticleCanada Goose cuts guidance as sales, retail traffic disappoint
Canada Goose cut its guidance for the full year, citing lower-than-expected revenues and retail traffic in EMEA and APAC regions in the ongoing fourth quarter of its financial year due to new restrictions imposed in the wake of outbreaks of the Omicron coronavirus variant. The company now expects to post ...
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ArticleMips Q4 net sales rise despite supply constraints & China factory slowdowns
The Swedish helmet safety technology provider Mips reported a 41 percent rise in net sales during the fourth quarter, despite supply chain constraints and power restrictions on factories in China. The specialist in “brain protection” said net sales for the three months to Dec. 31 rose to 198 million Swedish ...
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News briefsOrtovox expands its management team
Stefanie Rieder-Haas and Michael Sieber have joined the management team of German outdoor company Ortovox, effective Jan. 1. Christian Schneidermeier remains the sole managing director. Along with the personnel change, however, Ortovox is restructuring internally in order to adapt processes to the changing market conditions. The result are three new ...
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ArticleArc’teryx and Ortovox unite forces for new avalanche airbag system
The new LiTric unit The result of a joint research and development project, the Canadian brand Arc’teryx and the German brand Ortovox have introduced LiTric, a new electronic avalanche airbag system for winter 22/23 that will be used in a line of different touring and freeride packs ...
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ArticleDalbello launches first Reboot ski boots made from recycled plastics
Green Gaia Dalbello, part of the MDV group of companies (with Marker and Völkl), is launching the Green Menace and Green Gaia for the 2022/23 winter season, two new ranges of eco-friendly ski boots built from recycled plastics as part of the brand’s Reboot project. The material ...
