All Snowsports articles – Page 69
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ArticleUSWE acquires Oregon-based Giant Loop, opens U.S. subsidiary
Swedish company USWE Sports AB has agreed to acquire U.S. companies Giant Loop LLC and Armadillo Bag LLC, among the most successful brands in the soft-bag segment for the off-road market in the U.S. The fixed acquisition price totals approximately $3 million, of which roughly $1.5 million will be paid ...
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ArticleIsbjörn reports consistent, sustainable growth
Swedish outdoor children’s apparel brand Isbjörn of Sweden has announced 20 percent year-over-year global growth through April 2022. Isbjörn was recently acquired by Online Brands Nordic AB, which will provide a solid financial backbone for further sustainable growth, and reported a healthy Ebitda of more than 11 percent. Isbjörn is ...
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News briefsNew German sales manager at Leki
Source: Leki Christian Nickel Christian Nickel started his new position as sales manager Germany at the German pole specialist Leki Lenhart in June 2022. The former Roeckl Sports sales manager also brings experience in the sporting goods business of Amer Sports and The North Face. Nickel joins ...
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News briefsScarpa posts double-digit sales increase
Scarpa, the Italian specialist in outdoor footwear, posted sales of €134 million in 2021, which marked a 22 percent increase year-over-year. Export accounted for 82 percent of its revenues. The U.S. was its leading foreign market, with a share of 20 percent, followed by Germany and Benelux, the U.K., France ...
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ArticleMips presents new strategy and updated financial targets
At Capital Market Day 2022 in Stockholm on June 9, Swedish helmet technology and “Brain Protection System” (BPS) manufacturer Mips AB unveiled its new long-term strategy with updated financial targets and strategic priorities for the coming years. The reason for revising the company’s strategy and long-term financial targets is not ...
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News briefsColumbia brings in new SVP to address supply chain issues
Source: Columbia Sportswear Co Francois Guillon To counter the ongoing problem of supply chains disrupted by various global crises, Columbia Sportswear Company has named Francois Guillon senior vice president, omni planning and fulfillment. Guillon will report to chief supply chain officer Lisa Kulok. He brings leadership experience ...
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News briefsMammut appoints new CPO
Source: Mammut Sports Group AG Paul Cosgrove Following the appointment of Heiko Schäfer as the new CEO, Mammut is now filling another key role with Paul Cosgrove as chief product officer. Cosgrove will take up his new position on Oct. 1, 2022. For him, the Swiss outdoor ...
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News briefsSchöffel hires David Randall as creative director
Source: Schöffel David Randall Design expert David Randall is the new creative director at Schöffel. The British-born designer, who has lived in southern Germany for 25 years, was most recently responsible for the design of the outdoor label Black Yak and established the South Korean brand on ...
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News briefsThermore launches EVOdown made from recycled PET bottles
Italian ingredient brand Thermore, which specializes in the research, development and production of thermal insulation for apparel, has launched a recycled version of EVOdown, a wrapped type of blow-in fiber made from 100 percent recycled fibers from PET bottles. According to the manufacturer, EVOdown bridges the gap between free fibers ...
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ArticleSchöffel publishes sustainability report 2021
Source: Schöffel Sustainability Report 21 In its comprehensive sustainability report just published, Schöffel looks back on the efforts made to improve on transparency of the supply chain, product longevity and a reduction of CO2 emissions. Firstly, Schöffel collaborated for the first time with the University of Augsburg ...
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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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ArticleUSWE 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 briefsFoundation 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 briefsSmart 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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ArticleA 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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ArticleVista 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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ArticleThe 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 briefsOsprey 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 briefsMammut 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 briefsMountain 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 ...
