All Tecnica Group articles
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Article
Tecnica Group announces new CEO
Tecnica Group appoints former Adidas executive Andrea Dorigo to lead the next phase of global growth and innovation, according to Italian media sources.
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Article
Tecnica Group reports stable financial results in 2024, with Lowa leading growth
Despite a 4% revenue dip, the Italian group reports solid 2024 results, with Lowa driving growth and a strategic push into digital and sustainability.
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News briefs
New Nordica showroom in Salzburg
The brand has opened an immersive Brandroom in Salzburg, blending innovation, digital interactivity and premium product showcases for ski enthusiasts.
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Data & Analysis
Rugged footwear market steps down in 2023
The global rugged footwear market declined by 2.2% in 2023 to $6.2 billion, with Salomon and other top brands driving gains in Europe and China, while US sales fell sharply, forcing brands to rely on new products and marketing to compete in a flat market.
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Article
Riethmann retires from the management of Lowa
Source: Kerstin Rysavy Werner Riethmann After more than 30 years in management, Werner Riethmann retired from the active management of Lowa Sportschuhe GmbH at the age of 75 at the end of December 2023. However, he will remain with the Southern German hiking and mountain footwear specialist ...
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Data & Analysis
Global outdoor footwear market grows 17.8%
2022 outdoor footwear sales are up. 5 companies represented just over 50% of all sales. Find all the sales, growth and market share numbers here.
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Article
100 years of Lowa: Another record year and the search for new target groups
With the company now being in its 100th year, we talk to Lowa CEO Alexander Nicolai about expanding capacity, new segments and sustainability strategies.
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News briefs
Restructuring of DACH sales team at Tecnica Footwear
Source: Tecnica Luigi Tamai and Fabian Steinmetz Following the establishment of the new Tecnica Footwear business unit under the leadership of Adriano Rossato in February, the Italian footwear manufacturer has restructured its sales team for Germany, Austria and Switzerland. Fabian Steinmetz took over the position of Sales ...
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Article
Tecnica Group reports record financial year
According to its 2022 financial statements just published, Italy’s Tecnica Group looks back on the highest results in its history, with sales of €561 million, up 21 percent year-on-year. Adjusted Ebitda amounted to €94.5 million, up 14 percent compared to FY2021. In 2022, the company also posted a consolidated operating ...
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Article
Tecnica Group’s ski boot recycling project aims at closing the loop
The Tecnica Group is committed to closing the circle of ski boot life cycles: 4,200 ski boots have already been collected, dismantled and recycled into new products in the first year since autumn 2021 of the group’s “Recycle Your Boots” (RYB) project.
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Article
Rugged outdoor footwear market rebounds in 2021
After a disappointing 2020, impacted adversely by the global pandemic, the global branded outdoor shoe market returned to growth last year. Worldwide rugged outdoor footwear sales climbed 28 percent higher to $6,756 million in U.S. dollars in 2021, based on research conducted by the Outdoor Industry Compass in partnership with Sporting Goods Intelligence.
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Article
Lowa reports top sales figures for 2021
Source: Lowa Alexander Nicolai, CEO Lowa The German mountain, outdoor and everyday footwear manufacturer Lowa has ended 2021 with peak figures for both the number of pairs of shoes sold and revenue, thanks to the ongoing outdoor boom. Sales climbed from 2.49 million pairs in 2020 to ...
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Article
Tecnica rolls out ski boot recycling project in eight countries
After revealing its plans for an end-of-life solution for used ski boots in spring this year, the new “Recycle your boots” project by Tecnica is about to start. The circular project, launching in the Alps region this fall, aims to contribute to protecting the planet by recycling used ski boots ...
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News briefs
With 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
Giovanni Zoppas appointed new CEO of Tecnica Group
Giovanni Zoppas is returning to Tecnica Group as CEO and general manager, starting in May. Zoppas knows the group well as he is a member of its board of directors and worked as GM of its Nordica brand between 2003 and 2006, taking care of its reorganization after the group ...
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Article
Inline skating compensates for Covid-19 impact on Tecnica results
The Tecnica Group reported a 9.8 percent drop in sales to €382 million for 2020 but said it still managed to further improve Ebitda by 10.7 percent to €55 million. The parent of brands such as Nordica, Blizzard, Tecnica, Lowa, Moon Boot and Rollerblade said its outdoor sales fell 10 ...
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Article
Tecnica launches ski boot recycling project
Tecnica has introduced Recycle Your Boots, a project that aims to promote the circular economy by transforming old, used boots into second-generation materials. A ski boot is made of up to 120 components, which typically end up in the landfill, the company explains. Any skier who plans to buy a ...
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News briefs
Tecnica partners with H-Farm on vocational training for the sports industry
Tecnica Group has signed a partnership agreement with H-Farm, the innovation hub in Ca’ Tron, near Venice, Italy, which combines investment, business consulting and digitally-enhanced educational programs. The partnership includes digital courses for Tecnica employees and new educational programs to train both current and future workers in the sports industry. ...
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News briefs
Antonio Dus is the new CEO of Cicli Pinarello
Source: Pinarello Antonio Dus After heading Tecnica Group for the past five years, Antonio Dus has now been named the new global CEO of Cicli Pinarello. He has a financial stake in the high-end bicycle brand, which came under L Catterton’s control, the LVMH-backed private equity firm, ...
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News briefs
Tecnica Group North America with new VP, COO
Source: Tecnica Sam Cook Tecnica Group North America has promoted Sam Cook to vice president and chief commercial officer for its alpine and footwear business units. Cook, previously the president of Blizzard Tecnica and responsible for continued growth of the two brands in North America, will oversee ...