All Snowsports articles – Page 3
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ArticleCoDi believes inventory will become tailwind in 2024
After a difficult 2023, where inventory destocking negatively impacted results at its four outdoor-related businesses, Compass Diversified (CoDi) is banking on a “much higher level of growth” for many of its consumer businesses this year. Additionally, the group, which has eyes on more companies and brands in its portfolio, says ...
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OpinionAn open letter from Mark Held on the future of outdoor trade shows
The European Outdoor Group (EOG) asked Mark Held, its co-founder and former President, for his take on the situation regarding trade shows as a whole. In response, Mark wrote an open letter to the industry from his own perspective.
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ArticleNikwax achieves carbon emissions targets 18 months ahead of schedule
Nikwax, the UK-based maker of technical cleaners and waterproofing products for outdoor gear and apparel, has announced a significant milestone in its sustainability journey by successfully achieving its Scope 1 and Scope 2 carbon emission reduction goals 18 months earlier than initially planned. In its first Sustainability ...
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News briefsNew CEO for Bergans
Source: Bergans Bergans’ new CEO, Silje Garberg Ree The Board of Directors of Bergans Fritid AS has appointed Silje Garberg Ree as CEO. She succeeds Jan Tore Jensen, who had led the company since 2018 and announced his decision to step down in September 2023. The company’s ...
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News briefsSamsonite looks at options after reported takeover interest
Samsonite, the parent company of Gregory, High Sierra, Xtrem and other luggage and bag brands, is considering options, including going private after receiving a takeover offer from undisclosed bidders, Bloomberg reports, citing sources said to be familiar with the matter. Some private equity firms have reportedly analyzed a deal with ...
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News briefsPatagonia teams up with Eastman to address textile waste
Outdoor clothing brand Patagonia and global specialty materials firm Eastman teamed up to recycle around 3,600kg of pre- and post-consumer clothing waste, which Eastman processed through its molecular recycling technology. The process consists of breaking down unusable apparel from the outdoor brand into molecular building blocks that Eastman can use ...
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News briefsFifth Fair Wear Foundation Leader Status for Ortovox
The southern German mountain sports specialist Ortovox has been awarded Leader Status (73 points) by the Fair Wear Foundation – for the fifth time since 2018. “This recognition means a lot to us,” said Katrin Bauer, Director CSR. “It shows that our efforts to do business responsibly are successful.” Last ...
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ArticleThe winners of the French Outdoor Awards 2024
On Jan. 30, the 22 candidates for the French Outdoor Awards 2023-2024 had the opportunity to present their product or service to a jury of experts, media representatives, representatives of outdoor brands and potential future customers at the Sport Achat 2024 trade show in Grenoble. Four products stood out and ...
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News briefsGo Outdoors to open Express store in major Newcastle mall
UK retailer Go Outdoors, part of JD Sports Fashion, has confirmed that it will open a store later this year at Metrocentre, one of Europe’s largest shopping malls, in Gateshead, near Newcastle. The shopping mall was opened in 1986 and contains around 330 retail outlets. The store will present itself ...
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ArticleThule’s sustainability targets confirmed
The Science Based Targets initiative (SBTi) promotes ambitious climate protection measures in the private sector by allowing companies to set science-based targets for reducing greenhouse gas emissions. Thule Group’s targets for Net-zero have now been approved by the organization. This is an important endorsement of the company’s sustainability ambitions. In ...
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ArticleSports Direct launches Outdoor, starting at Cardiff flagship
British retailer Sports Direct is expanding its range to include outdoor products from Feb. 23, starting at its new Cardiff flagship store in Wales, a 5,580-sqm store that spans across three floors and also features specialist sporting areas for Sports Direct’s football, rugby, and running categories, as well as dedicated ...
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ArticleNewell Brands announces changes to the Board
Newell Brands, the Atlanta-based group that owns several consumer goods brands, including outdoor brands Marmot, Coleman, Contigo and Campingaz, announced changes to its Board of Directors. James “Jim” Keane, retired President & Chief Executive Officer of Steelcase Inc., has been elected to the company’s Board of Directors, effective Feb. 15, ...
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News briefsMontane publishes first Impact Report
As part of its commitment to reduce its environmental impact, outdoor clothing specialist Montane has just released its “2023 Impact Report.” The company said that from now on, it will publish these reports annually. The report highlights Montane’s initiatives in three key areas: People, Product, and Planet. Montane’s journey to ...
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ArticleKMD group sales slowed in H1, Kathmandu affected by weak winter down under
All three of KMD’s brands – Rip Curl, Kathmandu and Oboz – suffered a year-over-year sales decline in the first half that ended Jan. 31, with their aggregate revenues projected to be down by 14.5 percent to 469 million New Zealand dollars (€267.3m). Amid ongoing weakness in consumer sentiment during ...
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News briefsNew Wave increases operating profit by 5% in FY23
Annual operating profit for Swedish New Wave Group, whose business operates in three segments, increased by 5 percent to 1,577.2 million Swedish kroner (€140.4m) for the 12 months ended Dec. 31 as total revenues inched up by 2 percent to SEK 3,874.6 million (€344.9m) from SEK 3,782.3 million. In Q4, ...
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News briefsColorado ski brand acquired by US real estate developer
Chase Gardaphe, an American real estate developer focused on developing and managing manufactured housing communities, has acquired Romp Skis, a Colorado-based custom ski brand. Romp was originally founded by Morgan and Caleb Weinberg in 2010 and has grown exponentially over the past decade. Gardaphe will continue to expand operations at ...
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ArticleYeti misses Q4 sales mark, but international soars
Yeti is forecasting sales growth of 20-25 percent in 2024 from all markets outside the U.S. after stellar results from the segment in FY23. The group’s international sales expanded by 28 percent last year to nearly $260.7 million, fueled by momentum in Europe, where the brand is now carried in ...
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ArticleElevate Outdoor Collective launches Collective Progress Initiative
With the launch of the Collective Progress Initiative, Elevate Outdoor Collective’s (EOC) global brands – K2 Skis, K2 Snowboarding, Marker, Dalbello, Völkl, Ride Snowboards, Line Skis, Backcountry Access, Atlas Snow Shoe Co, Tubbs Snowshoes, Madshus and K2 Skates – are working hand-in-hand to eliminate waste and maximize the recyclability and ...
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News briefsSpyder to launch PFAS-free ski apparel starting this fall
Liberated Brands has unveiled an ambitious plan to eliminate per- and polyfluorinated substances (PFAS) from the Spyder ski apparel line starting in fall 2024. The elimination of PFAS will be strategically implemented through a multi-season initiative. At the same time, the brand will also introduce new innovations in waterproof materials ...
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ArticleVF appoints Caroline Brown to the board after aligning with activist investor Engaged Capital
Source: VF Corp. Caroline Brown VF Corp. has appointed Caroline Brown to the company’s Board of Directors, effective Feb. 14, 2024. The appointment follows constructive discussions with VF’s shareholders, including Engaged Capital, LLC. VF also intends to appoint an additional independent director in the near future by ...
