All Outdoor Industry Compass articles in Volume 13, Issue 19-20 – Page 10
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News briefs
Fast ride for Ridestore
Ridestore, an online retailer of private label snowear for extreme sports founded in Sweden just over ten years ago, has reported excellent financial results for the second year in a row, attributing the growth mainly to its successful expansion to other parts of Europe and North America. For the financial ...
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News briefs
Movement Skis sees a big drop in sales, but margins improve
The revenues of Movement Skis declined by 46.8 percent to 932,000 Swiss francs (€864,000-$1.0m) due to store closures, while the gross margin lost 2.0 percentage points to 50.0 percent. A good control of operating expenses limited the decline in Ebitda for the first half of the year, which decreased by ...