All Snowsports articles – Page 10
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News briefsHaglöfs recruits global finance director
Source: Haglöfs Joakim Nyhage, global finance director at Haglöfs Swedish brand Haglöfs has a new global finance director in Joakim Nyhage. He will work with the finance department to set and implement financial goals and closely with CEO Fredrik Ohlsson to realize the brand’s visions. Nyhage joined ...
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Article
USWE sales up 88% in 2021, Q4 hit by geopolitical situation
Swedish company USWE Sports AB, which was founded in 2007 and went public on the Nasdaq First North Growth Market in June 2021, said in its delayed report for Q4, which ended March 31, that, as before, the quarter was marked by problems related to the latest lockdown in China, ...
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News briefs
Foundation stone laid for new Dynafit headquarters in Kiefersfelden
Dynafit laid the foundation stone for the two interlocking triangles of steel and glass of the brand’s new headquarters in Kiefersfelden, Bavaria, close to the Austrian border. The building, which is constructed according to a project by the renowned architectural firm Barozzi Veiga, will offer all visitors a deep insight ...
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News briefs
Smart Group cancels The London Ski & Snowboard Festival 2022
The London Ski & Snowboard Festival planned for Oct. 27 to 30, 2022, at Battersea Park is canceled. The new organizer of the event, the Smart Group, has published a statement on Facebook, declaring the cancellation of this year’s festival and the introduction of another new organization: “We have been ...
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Article
A look at Ternua’s business with its CEO
Ternua Group rounded out 2021 with sales of €28.8 million, up by 15 percent year-on-year and by 11 percent from 2019. Now CEO Jokin Umerez has revealed in an interview with CMDsport that Ternua aims to sustain the same 15 percent growth in sales for the present year, despite uncertainties ...
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Article
Vista Outdoor outlines long-term vision and financial goals for proposed separation of its business
Vista Outdoor, the parent company of 39 brands including CamelBak, Bushnell Golf, Foresight Sports, Bell Helmets, Camp Chef, Giro, QuietKat and Stone Glacier, held its annual investor day for institutional investors and analysts at the New York Stock Exchange this week. Speakers included CEO Chris Metz, CFO Sudhanshu Priyadarshi and ...
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Article
The North Face helps drive Q4 revenue rise, but Vans hit by China lockdowns
VF Corp reported a revenue increase of 9 percent to $2.8 billion (€2.65bn) in the fourth quarter of 2022, driven by The North Face (TNF), although sales at Vans were flat during the period. Sales were boosted by a 15 percent increase in the EMEA region and 12 percent in ...
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News briefs
Osprey strengthens distribution in Austria and Italy
California-based backpack specialist Osprey, a Helen of Troy brand since late 2021, has hired two distribution agencies to support direct sales and increase market share in two important European markets. Starting June 1, sales agency B-Factory will support Osprey’s Italian Spring 23 product sell-in. Founded in 1995 by Pietro Colturi, ...
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News briefs
Mammut appoints new CEO
Source: Mammut Heiko Schäfer The Swiss outdoor company Mammut Sports Group AG has appointed Heiko Schäfer as its new CEO, effective Sept. 1, 2022. For Schäfer, who previously served as chief operating officer of Hugo Boss AG, Mammut represents a return to the world of sporting goods. ...
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News briefs
Mountain Equipment strengthens its team
After several years of double-digit growth, Mountain Equipment has added three new members to its brand team to consolidate and strengthen its market position. Philippa Hill joined the team last summer as sustainability manager. Her responsibilities include Mountain Equipment’s parent company, Outdoor & Sports Company Limited (OSC), which also represents ...
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Article
Continued growth for Online Brands Nordic
Despite “complex comparative figures from the first quarter of 2021,” Online Brands Nordic reports that it has started the year strongly and continues to grow. Regarding Russia’s invasion of Ukraine, Online Brands has no customers or suppliers in the affected area, so the war had no impact on the direct ...
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News briefs
Successor for management of Schöffel Austria confirmed
Source: Schöffel Ferdinand Krottenthaler Following the departure of Jürgen Nairz announced in January after almost twelve years at the helm of Schöffel Austria GmbH, the company has now announced that Ferdinand Krottenthaler will take over as managing director on June 1. Krottenthaler most recently worked as senior ...
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News briefs
USWE Sports delays quarterly report due to Covid-related inventory postponement
Sweden-based USWE Sports AB, listed on the Stockholm-based Nasdaq First North Growth Market since last June, has delayed the release of its Q4 21/22 report (January to March 2022). Previously, the company had announced a May 12 publication date, postponed by the company at short notice, without providing an alternative ...
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News briefs
Oberalp group publishes sustainability report 2021 and holds Virtual Convention
The Italian Oberalp Group, the owner of the Salewa, Dynafit, Wild Country, Pomoca, Evolv and LaMunt brands, has published its comprehensive sustainability report ”Contribute 2021”. Oberalp has identified ten of the 17 UN goals for sustainable development, from decent work and education to responsible consumption and an increased share of ...
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News briefs
Recco hires partnership and sales developer
Source: Recco AB Paul Rosenquist Recco AB has hired Paul Rosenquist as a new partnership and sales developer. He will focus primarily on building and strengthening partnerships with rescue organizations, government agencies and year-round outdoor stakeholders around the world, and will execute projects focused on communications and ...
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News briefs
Gregory sales decline slightly in Q1, impacted by Asia and Europe
Samsonite International reported that Gregory Mountain Products sales declined 4 percent to $15.1 million in Q1 2022 from $15.8 million a year earlier, making it the only Samsonite brand to report a decline in the period. Sales in North America increased 5 percent due to the easing of social distancing ...
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News briefs
Helly Hansen pauses Russian ops; Q1 sales up 24 percent
Helly Hansen has “temporarily paused” its operations in Russia due to the war in Ukraine, the company’s publicly traded parent Canadian Tire Corporation (CTC) has announced in a filing. The outdoor brand’s business in Russia consists of 41 retail stores and an e-commerce site, employing more than 300 total. CTC ...
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News briefs
Jack Wolfskin positioned for growth as Callaway lifts group guidance
Callaway Golf raised annual guidance after a strong first quarter, driven by its Topgolf driving range venues, strong performances from its other segments and positive signs from its Jack Wolfskin brand. Revenue for the three months to March 31 rose 59.6 percent to $1.04 billion (€990m). Adjusted Ebitda was up ...
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News briefs
Haglöfs promotes Sara Lindqvist to new head of business development
Haglöfs has hired Sara Lindqvist as head of business development to take responsibility for future business models for the brand and bringing new ideas to life. The hiring of Lindqvist is related to a new business unit at Haglöfs, “New Ventures,” which focuses on models outside of the brand’s core ...
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Article
Clarus' outdoor results impacted by supply chain, logistics
Clarus Corp. posted a 7 percent decline in first-quarter net income to $5.3 million from $5.67 million despite a 50 percent increase in revenues to $113.3 million from $75.3 million. Sales benefitted from contributions from acquisitions Rhino-Rack ($24.5m) and Maxtrax ($24.5m). Outdoor segment sales were essentially flat at $51.5 ...
