All Snowsports articles – Page 67
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News briefsNyrensten steps down as CEO of RevolutionRace
Source: RVRC Holding Pernilla Nyrensten, former CEO of RevolutionRace RVRC Holding (RevolutionRace) has announced changes to its leadership team. Pernilla Nyrensten is stepping down as CEO at her own request. She will continue as an active member of the board of directors, focusing in particular on brand ...
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ArticleCanadian Tire’s SportChek, Helly Hansen make key gains in Q2
Canadian Tire’s SportChek and Helly Hansen business units made strides in a period where the national retailer generated a 9.9 percent overall retail sales growth to 5,363.8 million Canadian dollars (€3.95b) and an Ebit decline of 41 percent to C$123.8 million (€10.2m) from C$208.6 million. At SportChek, which ended the ...
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News briefsDidriksons invests in international growth
The Swedish outdoor brand Didriksons has broken new sales records, according to ehandel.se. “We are seeing an increase of 30 percent compared to last year. This is going to be our best year ever; we had the best spring ever,” Petra Sabo, head of DTC at Didriksons, commented on the ...
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News briefsArc’teryx opens first stores in Yunnan with Songtsam
Luxury boutique hotel group Songtsam has announced the opening of the first two Arc’teryx / Songtsam stores in Yunnan, a province in the southwest of the People’s Republic of China. One is the Arc’teryx Mountain Classroom Shangri-La Center, located in the Songtsam Linka Retreat Shangri-La. The second store is located ...
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ArticleBoardriders publishes first ESG and CSR report
Roughly 16 months after Arne Arens, the former The North Face Europe CEO, took over as new chief executive officer of the Boardriders group, the company has released its ESG and CSR report 2020/21, which is the first of its kind. The group’s purpose, mission and foundation are supported by ...
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ArticleJack Wolfskin sales grow double-digit despite headwinds in China and Europe
Callaway reported record second-quarter results, driven by sales and operating profit growth at its top golf facilities. Callaway said pricing and other business improvements implemented in the first half of the year enabled the company to “outrun the ubiquitous inflationary pressures, unfavorable foreign currency exchange rates and staffing challenges.” Net ...
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ArticleCompass Diversified lifts guidance after Q2 sales surge by 19%
Compass Diversified (CoDi) lifted its outlook for the full year after a 19 percent rise in second-quarter net sales growth driven by Boa Technology and Lugano Diamonds. Net sales rose to $515.6 million from $431 million a year earlier. Net income increased to $31 million compared to a net loss ...
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News briefsPeak Performance sustainability report 2021 published
The Amer Sports brand Peak Performance has published its sustainability report 2021. The comprehensive paper highlights the main actions taken during the year and delivers a full list of Tier 1 and 2 suppliers and material info. Besides the successes made, the long-term circularity goals are defined for product longevity, ...
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ArticleColumbia Sportswear releases 2021 ESG report
Just after publishing its FY22 sales and profit outlooks, Columbia Sportswear has released its 2021 environmental, social and governance (ESG) report, highlighting the progress made throughout 2021 in the three pillars of the company’s CSR strategy: empowering people, sustaining places, and responsible practices, with a focus on Columbia’s four primary ...
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News briefsIcebreaker publishes transparency report with a focus on regenerative agriculture
VF Corp. brand Icebreaker, headquartered in Switzerland since 2021, has published its latest transparency report, purposefully choosing earth overshoot day as a release date. The report mainly focuses on the efforts and successes the brand has made in regenerative agriculture, one of the important aspects of product circularity. The information ...
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News briefsMore outdoor brands commit to Slide & OTS Winter
In the second year of the official collaboration between Slide and OTS, more outdoor brands have secured a spot at the 2023 winter edition. Show organizer Lesley Beck commented, “In addition to our returning snowsport and lifestyle brands, we have seen a noticeable increase in the number of inquiries coming ...
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ArticleColumbia will lean on key markets for tempered FY22 sales growth
Simultaneously reporting results for its seasonally lowest volume quarter, Columbia Sportswear reduced its full-year sales and profit outlooks. The company is concerned about the current state of the consumer and potential retail order cancellations later this year. It cited deteriorating market conditions and the economic climate, particularly in the U.S., ...
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ArticleVaude sharpens proprietary Green Shape Standard with independent expert panel, plans external accreditation
German outdoor company Vaude has announced that its proprietary Green Shape Standard for environmentally friendly outdoor products has reached another milestone: An external advisory board of six renowned experts is now providing the outdoor company with expert advice on all Green Shape topics. The independent experts ensure that the criteria ...
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News briefsUSWE nominates Frisk for board of directors
USWE Sports’ nomination committee has proposed the re-election of Mats Jacobson, Martin Kössler, Jenny Graflind and Joel Eklund as ordinary members, Jacobson as chairman of its board of directors. Current board member Fredrik Carling has declined his re-election. In addition, Helena Nordman-Knutson and Patrik Frisk were nominated for election as ...
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News briefsElan’s new solar power plant starts producing energy
Slovenian ski manufacturer Elan has finished installing its solar power plant at the headquarters in Begunje. As of now, the solar park consisting of 2,500 installed solar panels with a surface area of 5,000 sqm will provide an average of 12 percent of the company’s annual energy needs. According to ...
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News briefsMaloja joins EOG
Source: Maloja Klaus Haas , CEO Maloja German clothing brand Maloja, founded in 2004 and known for its respectful practices regarding people and nature, has joined the European Outdoor Group (EOG) as a full member. By joining, the Bavarian-based company, which mainly serves the bike, cross-country skiing ...
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ArticleMips withstands stock price decline with strong Q2 results
Thanks to continued strong sales in its Sport and Moto business units, helmet technology specialist Mips AB reported a 45.1 percent increase in sales in the second quarter of this year (and compared to April-June last year). The 206 million Swedish kronor (€19.77 million) earned also represents a new sales ...
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ArticleFrilufts drives Q2 growth at Fenix Outdoor as stores reopen
Fenix Outdoor International’s sales increased by one-third in the second quarter as the company’s outdoor retail segment (Frilufts Retail Europe) in Germany (Globetrotter retail chain) rebounded due to the reopening of stores following the Covid lockdowns. The company said sales for the three months to June 30 rose 29 percent ...
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News briefsB Lab releases new Best for the World ranking lists 2021
After pausing its ”Best for the World” lists in 2020 over the Covid-19 crisis, B Lab has now released its list for 2021. “Best for the World” recognizes B Corps worldwide whose B-impact assessment scores rank in the top five percent of their company size track in one or more ...
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News briefsEuropean ski industry recovering slowly after the pandemic
The European ski industry is slowly recovering after “a disastrous season hit by Covid-19,” the Federation of the European Sporting Goods Industry (FESI) has said. According to results in the trade organization’s recent annual ski market report, skis and ski-equipment sales for the 2021/22 season increased slightly from those of ...
