All Snowsports articles – Page 85
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News briefsUSWE swings to Q1 profit as sales soar on demand surge
Swedish outdoor and sports brand USWE reported a jump of 253 percent in net sales to 29.3 million Swedish kronor (€2.86m-$3.37m) for the three months to June 30. It generated an operating profit before depreciation and amortization (Ebitda) of SEK 5.58 million (€0.55m-$0.64m), or a margin of 19 percent of ...
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ArticleSport Holding acquires Bergans of Norway
Sport Holding, Norway’s largest sports retail player with more than 360 company-owned and franchised stores throughout Norway, divided into Sport 1, Intersport, Anton Sport, Löplabbet, Sportsnett and Skandinavisk Høyfjellsutstyr, is acquiring 100 percent of the shares of Bergans Fritid AS. Source: Hans Kristian Krogh-Hanssen Jan Tore Jensen, CEO ...
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News briefsWith 27% growth in H1, Tecnica performed better than in 2019
Italian Tecnica Group posted revenues of €173.7 million in its H1 that ended June 30 (+27 percent compared to H1 2020). Ebitda increased to €17.1 million from €2.7 million in H1 last year. The net result shows a loss of €2.5 million (€14.2 million in H1 2020). Lowa, Rollerblade and ...
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News briefs
Isbjörn promotes Maria Eklind Enström to content manager
Swedish children’s outdoor brand Isbjörn of Sweden has appointed its former customer service employee, Maria Eklind Enström, as its new content manager. The newly created position is part of the company’s ongoing digital and e-commerce strategy. Prior to Isbjörn, she worked as a buyer at J.Lindeberg for eleven years and ...
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ArticleAnta’s profits more than double in H1, Amer bounces back
Anta Sports Products saw revenues jump by 55.5 percent to 22,812 million yuan renminbi (€2,999m-$3,524m) in the six months ended June 30, supported by strong growth in all brands and benefiting from the easing of Covid-19 restrictions. In addition to a surge in demand related to the Xinjiang issues, e-commerce ...
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News briefs
U.S. snowsports industry pleads for joint climate action
Snowsports Industries America (SIA), the U.S.-based winter industry’s trade association, calls on “every winter outdoor industry business” to join ClimateUnited, SIA’s initiative to unite and empower the winter outdoor industry to lead on climate. In his appeal, SIA’s head of advocacy, Chris Steinkamp, cited the recent Intergovernmental Panel on Climate ...
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ArticleBlack Diamond hires ski industry veteran Mike Hattrup
Salt Lake City-based outdoor company Black Diamond Equipment has named Mike Hattrup business unit director for its ski category. Hattrup will be responsible for the brand’s entire ski and snow safety category, including skis, avalanche transceivers, JetForce airbag backpacks, probes, shovels, as well as snowpacks and ski poles. As business ...
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News briefs
Fenix Outdoor UK has a new managing director
Fenix Outdoor UK Ltd. has announced the appointment of its new managing director for the U.K., Paul Griffiths. Griffiths brings a wealth of industry experience from working with brands such as Arc’teryx and Salomon and will join the company on Sept. 1. He replaces current country manager Will Stanton, who ...
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ArticleEDM Interview Series #04-2021: Samaya
The Outdoor Industry Compass spoke with Arthur Jallas, co-founder and sales leader of French brand Samaya.
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ArticleSports and leisure segment boosts New Wave sales in Q2
Sweden’s New Wave Group, which owns brands like Craft and Cutter & Back, saw total sales in the second quarter ended June 30 rise by 13 percent as compared to the year earlier to 1,487 million Swedish kronor (€145.7m-$171.1m), led by a 70 percent increase in its Sports & Leisure ...
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News briefssuper.natural with new environmentally friendly packaging
Swiss merino apparel company super.natural, founded in 2012, has unveiled a new compostable alternative to cornstarch polybags as part of its internal environmental strategy for the fall/winter 2021 season change. The new biodegradable shipping bags are made of 80 percent PBAT (polybutylene adipate terephthalate, a biodegradable copolymer) ...
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News briefsK2 Sports hires Chris Hammann as country manager Germany
Source: K2 Sports Chris Hammann Sports industry expert Chris Hammann has jumped on board at K2 Sports starting Aug. 1, taking over the role of country manager Germany at the K2 Sports office in Penzberg near Munich. He succeeds Karsten Möhrer, who has left K2 to join ...
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News briefsSeirus wins long-running legal battle with Columbia over patents
A San Diego jury ruled that Seirus Innovative Accessories’ HeatWave products do not infringe Columbia Sportswear’s patent, most likely ending a long-running patent dispute between the two brands. The subject of the case was a 2013 lawsuit filed by Columbia against Seirus alleging that Seirus’ HeatWave product line infringed a ...
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News briefs
Goldwin's Q1 sales grow 40%
Goldwin reported revenues of ¥17,078 million (€131.8m-$154.7m) in the first quarter of its financial year, up by 40.0 percent on the year earlier, and confirmed its outlook for 10.5 percent sales growth for the full year. For the three months ended June 30, the Japanese company reported an operating profit ...
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ArticleCanada Goose sees sales double in Q1
Canada Goose said it is on track to meet its target for 2022 revenues of over 1 billion Canadian dollars (€681.0m-$799.1m), as sales in the fiscal first quarter ended June 30 doubled to CA$56.3 million (€38.3m-$45.0m) from CA$26.1 million the year earlier amid significant growth in all geographic regions. DTC ...
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News briefsHelly Hansen up 46% in Q2
Canadian Tire Corporation reported a 45.9 percent increase in external revenues for Helly Hansen and Musto to 100 million Canadian dollars (€68.5m-$80.3m) for the second quarter ended July 3. Outside Canada, the revenues from the two brands amounted to CA$95.1 million (€64.7m-$76m), up from CA$64.7 million in the comparable period ...
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News briefs
Carrera launches DTC webshop in the U.S.
Safilo is taking another step towards its digital transformation by launching a new e-commerce platform for its house brand Carrera in the U.S. The launch of the dedicated website, us.carreraworld.com, coincides with the 65th anniversary of the brand. The Carrera direct-to-consumer site is already live and offers an assortment of ...
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ArticleTopgolf and golf boost Callaway, outdoor shows resilience
Callaway Golf’s revenues increased 208 percent to $914 million in the second quarter ended June 30, thanks in part to the first-time inclusion of Topgolf, which is now the group’s third operating segment along with golf equipment and soft goods and whose sales nearly doubled, compared to the prior year, ...
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News briefsAmer Sports names Fogliato Salomon’s new president and CEO
Source: Salomon Franco Fogliato Amer Sports has found a new and experienced executive with an excellent background in the sporting goods industry, Franco Fogliato, to head up Salomon as president and CEO. He will take on the responsibility by March 15, 2022, at the latest. Columbia Sportswear ...
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News briefsOberalp group sets focus on chemicals, circularity and social responsibility
Italian Oberalp group (owner of brands Salewa, Dynafit, Pomoca, Wild Country, Evolv and LaMunt) has released its annual sustainability report “Contribute” for 2020. Setting a focus on chemical safety, human rights and circular economy, the report highlights achievements made in the last year and news from within the group, such ...
