All Snowsports articles – Page 60
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ArticleBicycle market slowdown brings Mips’ otherwise good fiscal year 2022 results down
In the fourth quarter of the 2022 fiscal year alone, Swedish “Brain Protection System” innovator Mips AB had to digest a 46 percent sales drop compared to the last three months of the previous year, down to SEK 107 million (€9.60 million – adjusted for currency effects, minus 53 percent).
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ArticleToo slow, too limited: POW publishes open letter to FIS urging climate action
In an open letter delivered to the International Ski and Snowboard Federation (FIS) in Chourchevel following the men’s downhill finals on Feb 12, 2023, Protect Our Winters (POW) has called for greater climate action and transparency from the FIS.
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News briefsNewell Brands’ outdoor & recreation segment widens Q4 loss
The business unit, which includes CampingGaz, Coleman, Marmot and Ex-Officio, recorded a $14 million operating loss against a loss of $1 million for the period ended Dec. 31. Total segment sales fell by 21 percent to $211 million from $304 million because of unfavorable currency conversion impact and the exit ...
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ArticleNew president and CEO to come at Thule
The Thule Group AB will be making Matthias Ankarberg – a member of the Thule Group board since 2018 – its president and CEO no later than Aug. 9. Ankarberg will be joining Thule from his current position as CEO of Byggmax Group. His former positions include global sales and ...
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News briefsSeventh French Outdoor Awards: winners 2023 announced
Now in its seventh year, the French outdoor manufacturers’ trade association Outdoor Sports Valley (OSV) has picked the most innovative four products from four categories, to be awarded the French Outdoor Award: Source: OSV Relief from Cyclik The competition is open to start-ups as well as multinationals, ...
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News briefsTeresa Schuster fills new role at Bergzeit
Bergzeit has hired business IT specialist Teresa Schuster for a new position: Head of operational excellence. Schuster is responsible for the set-up of a sustainable operations unit that will form the basis for further growth and improve the customer experience. In addition to the optimization of existing processes, the focus ...
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News briefsPolartec aims to reduce microfiber shedding
U.S. fabrics supplier Polartec is introducing a new production technology that aims to reduce microfiber shedding in the final product, combining newly developed yarn and knitting construction, treatment and production. The new fleece technology will be marketed under the name Shed Less. Source: Polartec The first fabrics ...
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News briefsRossignol helping to smarten up skiing
Rossignol has a share in a French public-private partnership, called the Smart Ski Experience, that is working on a device to improve skiing technique, record ski time, help skiers select the ideal skis and make skiing more fun. The experiments turn on patented ski-mounted sensors that need no battery or ...
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News briefsVista Outdoor replaces CEO Chris Metz with interim chief Gary McArthur
The board of Vista Outdoor Inc, parent company of 41 brands in the outdoor and firearms sectors, has asked its CEO Chris Metz to resign from his role after the company’s board lost confidence in his leadership. The board, which named director Gary McArthur as Vista’s interim chief, said Metz ...
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News briefsBlack Diamond names new brand president
Clarus Corp. has appointed industry veteran Neil Fiske as brand president of Black Diamond Equipment Ltd., where he will be responsible for accelerating growth and lifting the profitability of BD by capitalizing on attractive expansion opportunities across various categories, channels and regions. A CEO for nearly two decades, Fiske ...
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News briefsNew resale platform for Canada Goose
Canada Goose has launched a new DTC secondhand offering powered by Trove, the service provider who also runs the secondhand stores of Patagonia, Lululemon, REI, Arc’teryx, On and Allbirds. Canada Goose’s new authorized reselling platform “Canada Goose Generations” is stocked with post-consumer product that is traded in online. Items are ...
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News briefsPolygiene completes LCA with encouraging results
Chemical technology specialist Polygiene has completed a life cycle assessment (LCA) to achieve a precise database for the environmental impact of washing, comparing non-treated garments with those treated with its StayFresh textile treatment. For the evaluation, Polygiene teamed up with engineering firm Sweco to study the benefits of skipping just ...
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News briefsAmer Sports pioneers with Sourcemap’s new traceability software
SaaS-provider Sourcemap has announced that Amer Sports, the parent company of Arc’teryx, Salomon and Wilson, among others, will be the first customer to utilize the software for products made with cotton and viscose. After the U.S., legislation like the Uyghur Forced Labor Prevention Act (UFLPA) forced importers to irrefutably prove ...
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News briefsThule Group tightens climate targets
The Thule Group has set net-zero targets for 2050, extending its climate strategy set up already in 2020, when the company applied for formal review and approval by the Science Based Targets initiative (SBTi). According to the company, the group commits to reducing its overall greenhouse gas emissions by at ...
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News briefsParent company of Deuter, Ortovox & Co. has a new CFO
Source: Schwan-Stabilo Anke Buttler The Schwan-Stabilo Group, which owns the Ortovox, Gonso, Maier Sports and Deuter brands, announced that Anke Buttler has become the group’s new chief financial officer (CFO), joining CEO Sebastian Schwanhäußer as part of the group’s executive management team on Jan. 1. With a ...
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News briefsNorrøna acquires travel specialist and expands into international tourism
After acquiring the local tourism operator Hvitserk of Norway in 2020, Norrøna has now also acquired the global adventure tourism company Hvitserk & Eventyrreiser AS, which was founded in the 1970s. Hvitserk & Eventyrreiser offers trips to 50 countries all over the globe. Following the transaction, the company, now operating ...
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News briefsDeuter achieves Fair Wear Leader status again
German brand Deuter has confirmed its leader status with the multi-stakeholder initiative Fair Wear Foundation for the tenth time in a row, reaching 94 of the maximum of 100 points possible. The yearly check-up validates the implementation of fair working conditions in a company’s supply chain. Besides the measures taken ...
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ArticleAnta CEO hands over duties while group reshuffles management positions
To facilitate the implementation of the group’s “multi-brand” and “globalization” strategies, Anta Sports separated the roles of chairman and CEO and implemented several other executive changes.
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News briefsRab supports educational initiative Xhow
Rab has entered a new partnership with the project Xhow, an educational initiative founded by mountain guides in 2006 that is active mainly in the Alps region. The project offers free training for skiers, bikers and climbers under the titles snowhow, climbhow and bikehow for children and teenagers as well ...
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News briefsHuman Material Loop: Startup uses human hair for textile applications
Source: Human Material Loop Utilizing human hair waste from hair salons as a raw material, the Dutch start-up company Human Material Loop is working on three different technologies to make use of the main component human hair is made of – keratin – and process it into ...
