All Snowsports articles
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News briefsHelly Hansen maintains sales momentum, Canadian Tire’s e-commerce soars
Helly Hansen ’s revenues for the first quarter ended April 3 increased by 12.2 percent to 136.3 million Canadian dollars (€92.8m-$112.1), growing at the roughly same pace as in the fourth quarter of 2020 despite continuing store closures and restrictions on store operations because of the Covid-19 pandemic. Canadian ...
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Oberalp Group will present new collections and behavioral study at Virtual Convention on May 18
Vienna-based international behavioral research institute Karmasin Behavioural Insights conducted a wide-ranging study for the Oberalp Group in Germany, Austria and Switzerland to examine the rising outdoor trend in the wake of the Covid-19 pandemic. The institute surveyed a total of nearly 900 participants on the topic of “ ...
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Jack Wolfskin recovers from pandemic faster than expected, online sales up 108%
Callaway Golf Co. saw revenues in the first quarter soar by 47.3 percent as compared to the year earlier to $651.6 million, amid “unprecedented” demand for its golf equipment and a faster-than-expected recovery from the Covid-19 pandemic for Jack Wolfskin and the rest of its softgoods businesses and the ...
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Clarus raises full-year guidance after Q1 sales jump
Clarus Corp , the parent company of Black Diamond and Pieps, raised its sales and adjusted Ebitda guidance for the full year, after posting a top line of $75.3 million in the first quarter, up by 41 percent on a reported basis and 39 percent higher at constant currencies. Excluding ...
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Vista Outdoor Q4 sales rise 40%
Vista Outdoor reported sales of $597 million in the fourth quarter ended March 31. That is up 40 percent year-over-year and well above the guidance of $510 million to $530 million given at the time of the third-quarter results. Sales growth was attributed to strong demand across both Vista’s ...
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News briefs
Salomon unveils details of its restructuring plan
Salomon ’s management, led by CEO Jean-Marc Pambet , presented details of its restructuring plan to the company’s Social and Economic Committee (CSE) on May 3. The plan envisages cutting 82 jobs out of 738 at the company’s facility in Annecy, in France’s southeast. The cuts are mostly due to ...
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Clarus hires Anthony Rivera for Black Diamond apparel
Black Diamond has appointed Anthony Rivera as business unit director for its apparel category that was introduced in 2013. Rivera comes to Black Diamond ( BD ) with technical apparel expertise as the former senior manager of merchandising for Arc’teryx . In his new position, Rivera will be ...
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News briefs
Rab launches down collect and recycling program
As part of its long-term sustainability strategy, British outdoor brand Rab has recently started its own down collect and recycle scheme. The service is offered at Rab’s U.K. headquarters in Alfreton, Derbyshire, and launched in partnership with the Italian recycling down experts at Minardi Piume . Consumers are offered ...
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News briefs
Huski Wear becomes clothing partner of Team Sweden Alpine
Huski Wear , a new Swedish skiwear brand, will replace Norwegian brand Helly Hansen as the apparel partner of Team Sweden Alpine , the Swedish alpine ski team, starting July 1. As part of the partnership, Huski Wear has committed to supporting the development of skiing among Swedish youth. ...
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News briefs
Burton creates new Chief Business Officer position
Source: Burton Elysa Walk Burton has promoted Elysa Walk , previously SVP of Americas International, to the company’s first chief business officer. In her new role, Walk will oversee the company’s global business, which includes direct-to-consumer and wholesale channels, regional marketing, finance ...
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Columbia raises guidance after a good Q1
Columbia Sportswear Company performed better than expected in the first quarter, despite port congestion problems in North America. The group’s net income reached $55.9 million, jumping from $213,000 in the year-ago quarter when the pandemic first hit the company. Revenues gained 10 percent to $625.6 million, including a ...
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News briefs
Safilo with new board of directors
Safilo Group ’s shareholders approved on April 29 the company’s accounts for the 2020 financial year and appointed a new board of directors, increasing its composition from 9 to 10 members. Elected board members proposed by Multibrands Italy , an entity controlled by HAL Holding that holds 49.84 percent ...
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Mips Q1 sales boosted by strong demand for bike helmets
When bicycle sales pick up in times of pandemic, Sweden’s Mips AB and its Brain Protection System ( BPS ) helmet technology are also in the front row. The first quarter of the year – usually the company’s smallest quarter – was the fourth-largest in company history ...
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New Wave posts Q1 profit
New Wave Group , the Swedish company behind Craft and Cutter Buck , has posted a record first-quarter profit despite a drop in sales due to lower costs. Operating profit for the three months ended March 31 was 100 million Swedish Kronor (€9.9 million-$12 million), compared ...
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News briefs
Swiss sports market stable in 2020; online in Q1 2021 outperforms previous year
According to GfK market research, the Swiss sporting goods market ended 2020 with a stable result, thanks to a sales rally in the last two months of the year. However, there is a significant gap between the different sectors: the overall winners in 2020 were fitness, outdoor, running, stand-up ...
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U.K. investment firm to acquire Mammut
After Conzzeta had already announced on Dec. 9, 2019, that it would focus on the sheet metal working segment ( Bystronic business unit) in the future, and this year revealed the final restructuring, including the renaming of Conzzeta to Bystronic, the Swiss company has now apparently found a ...
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News briefs
Schöffel releases 2020 sustainability report
In its 2020 sustainability report, Schöffel is emphasizing the learnings from the Covid-19 crisis and its consequences for the German family-owned outdoor company. Against the backdrop of the pandemic, one focus of Schöffel’s CSR efforts in 2020 has been continuous and responsible collaboration and communication with all production partners ...
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Moncler with double-digit sales growth in Q1 despite setbacks in Europe
Moncler saw its consolidated revenues jump by 18 percent to €365.5 million in the first quarter of 2021, with a jump of 21 percent in local currencies, although many countries were still being affected by coronavirus-related restrictions. The growth was primarily driven by a strong contribution from China, Korea ...
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News briefs
Thule’s momentum continues through Q1
Everything is going well for Swedish Thule Group . In an interim report, it published sales for the first quarter that soared by 45.5 percent from the year-ago quarter to 2,538 million Swedish kronor (€250.7m-$301.6m) or by 56.0 percent in constant currencies. Net income jumped to SEK 447 million ...
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News briefs
Haglöfs aims for net zero in 2030; points out deliberate blurring in communication
On this year’s Earth Day , Swedish outdoor brand Haglöfs joins the growing number of companies calling themselves “climate neutral” by unveiling their new climate strategy: Aiming to reduce their emissions by 50 percent over the next decade and reach net zero by 2030, while taking “full responsibility ...
