All Snowsports articles – Page 51
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ArticleGoPro vows to slash expenses, become profitable in 2025
Despite a challenging H1, the action cam company aims for profitability in 2025 through cost reductions and diversification. Q2 saw a 23% revenue decline but growth in subscriptions.
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ArticleTNF parent records lower than expected sales decline in Q1
VF Corp. is especially optimistic about Vans’ recovery, led by EMEA’s wholesale success. The North Face sales dipped 2%.
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News briefsHaglöfs appoints new Chief Commercial Officer
The Swedish company hired Andreas Oliver Lorenz as Chief Commercial Officer, bringing expertise from Adidas and On to drive growth and innovation.
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ArticleUSWE reports marginal sales decline in Q1 amid logistical challenges
The Swedish company reports a challenging Q1 with a 2% drop in sales and logistics issues, but is now focusing on market expansion and improving profitability for future growth.
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ArticleAdam Arnold: Steering Nikwax and Páramo toward employee ownership and sustainable success
In our latest interview, Adam Arnold, CEO of Nikwax and Páramo, discusses steering the company towards employee ownership, navigating post-pandemic challenges, and championing sustainability. Learn about Arnold’s journey from a summer job to CEO and how he plans to achieve net zero emissions by 2040.
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ArticleClarus Q2 results hurt by weakness in EU wholesale, American consumer demand
The owner of Black Diamond and Pieps continued improvements in its Outdoor segment during the second phase of its three-year strategic plan despite facing challenges in North American consumer demand and European wholesale markets.
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News briefsNational Outdoor Expo and National Cycling Show to be combined in 2025
In 2025, the National Outdoor Expo and the National Cycling Show will be held together at the NEC in Birmingham to offer visitors an even more comprehensive and enriching experience.
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ArticleCoDi with strong growth in Boa and PrimaLoft sales amid inventory recovery
Compass Diversified’s branded consumer brands saw significant revenue growth in Q2, driven by destocking recovery and strong European performance, despite setbacks from the Crosman airgun company divestiture in April.
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News briefsNew additions to Dynafit’s international marketing team
On July 1, Lukas Malgay started as the brand’s new International Sports Marketing Manager, and in May, Helge Röske joined as International Product Marketing Manager.
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News briefsScott USA has as new COO
Scott Sports’ US subsidiary has appointed Jake Dudek, formerly VP of Commercial Operations at Signa Sports United, as the company’s new Chief Operating Officer.
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News briefsLeki USA's President steps down
Greg Wozer is stepping down as President after 34 years while Chris O’Donoghue, previously Director of Sales, takes over as General Manager.
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ArticleNewell Brands eyes sequential improvement in H2
Newell Brands confirmed that its Outdoor & Recreation business, including the brands Marmot, Coleman, Contigo and Campingaz, remains its weakest operating segment and is forecasting improving H2 trends for the unit. “The Outdoor & Rec business is the segment that requires the most amount of turnaround at this point,” ...
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News briefsScarpa has a new minority shareholder
Italian investment holding company Nuo acquired a stake in the company, with Cornaro, the family holding company, retaining majority ownership and control.
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ArticleColumbia’s brand awareness rises in Europe despite Q2 loss
While performing better in important overseas markets than in North America, Columbia Sportswear maintains its full-year guidance despite a weak second quarter.
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News briefsSalomon's new Softgoods unit gets a global head of product
Salomon has appointed Guillaume Meyzenq as the new Global Chief Product Officer for its new softgoods business unit.
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ArticleBrand-neutral Sidas Academy grows, congress this fall
The Sidas Academy training and education program is growing, and the Bootfitting Congress will take place this September.
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ArticleLionRock forms joint venture to grow Haglöfs in Greater China
To establish and expand the Haglöfs brand in the Greater China region, LionRock Capital founded a joint venture with the wholly owned subsidiary Affluent Team Global Limited of Viva Goods Company Limited in June 2024. LionRock, based in Hong Kong, acquired Haglöfs from Asics in December 2023. The new joint ...
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ArticleDevold Transparency Map: Voluntary report in line with CSRD
Norwegian brand Devold has voluntarily committed to reporting on the 2024 financial year as part of the Corporate Sustainability Reporting Directive (CSRD). The focus is on the impact of the company’s supply chain.
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ArticleMips sales bounce back to double-digit growth
In the second quarter of 2024, Mips AB generated net sales of 133 million Swedish kroner (€11.54m). According to the company, the sales growth of 30.4 percent compared to Q2 2023 can primarily be attributed to a normalizing inventory situation in the sports category.
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ArticleThule Group operating income rises 3% in Q2
Thule Group AB, despite a promotional North American market and lower RV products across Europe and Rest of World, reported a 3 percent gain in operating income to 732 million Swedish kroner (€63.3m) for the quarter ended June 30. Net income increased by 3.7 percent to SEK 559 million (€48.4m) ...
