All Action Sports articles – Page 5
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News briefs361° retail sales rise 30 percent in Q3
The Chinese company 361 Degrees Intl., which launched its Soaring Clouds skateboarding shoes during the period, reported a 15 percent increase in 361° core branded products and 25 to 30 percent sales growth for 361° kids’ products during the quarter ended Sept. 30. Overall, 361° e-commerce sales improved by 30 ...
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News briefsRidestore breaks billion SEK mark
According to a report on ehandel.se, Gothenburg-based e-tailer Ridestore will close the 2022/2023 fiscal year, which runs until the end of March, stronger than ever, already reporting net sales of 1.16 billion Swedish kroner (€99.91m). Operating profit is SEK 353.2 million (€30.42m). The company says the strong Euro had a ...
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News briefsAuthentic makes official WeChat debut
Authentic Brands Group has officially joined WeChat, the leading social media app in China with more than 1.6 billion active users around the world. The launch is part of a targeted strategy to expand Authentic’s corporate presence and drive the growth of its brand portfolio in the region. Through its ...
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ArticleKMD Brands’ FY results dimmed by softer consumer sentiment in Q4
Strong sales growth from all three of KMD Brands’ brands – Rip Curl, Kathmandu, and Oboz – was offset by weaker results in the year’s final period, which ended July 31. Annual Ebitda rose 11.2 percent to 200.1 New Zealand dollars (€117.1m), but net profit was essentially flat at NZ$36.6 ...
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News briefsPatagonia releases new neoprene-free wetsuits with more stretch and comfort
The US magazine Surfers reports that Patagonia has released a redesigned line of its Yulex neoprene-free wetsuits. After searching for a way to get rid of neoprene – a synthetic rubber – since 2008, the outdoor brand released its first neoprene-free line of wetsuits in 2014, made from natural Yulex ...
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ArticleAdidas Originals launches new global brand platform
Celebrating the brand’s history across sports, music and fashion, Adidas Originals this year honors those who have consistently brought the iconic mark – the Trefoil – to the forefront of culture with a new global brand platform. The focus is on three films shot by three creative pioneers and a ...
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News briefsTrans skater Baker’s own Nike signature shoe
Source: Nike Non-binary skate pro Leo Baker The new Nike SB React Leo is a nod to iconic shoes from the Nike vaults and Leo Baker’s favorite skate staples. The result, according to Nike, is a genderless, minimalist mid-top skateboarding shoe that combines modern technology, personalized details ...
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News briefsColourWear taps Unify Brand Partnerships for UK distribution
ColourWear has teamed up with UK distribution company Unify Brand Partnerships to expand its presence in the UK active and outdoor market. The lifestyle brand is the shared passion of three board and freeski enthusiasts from Gothenburg, Sweden, who in 2010 said, “Enough with the grey!” Fredrik Abrahmson, Thor Kruse ...
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News briefsPogo celebrates 40 years
The longest-serving snowboard company in Europe, Pogo, is turning 40 this year. To this day, all boards are handmade in the manufactory in Löwenstein in southern Germany. On Saturday, Sept. 16, Pogo will open its doors at noon for an open house event, including the board production, the affiliated snowboard ...
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News briefsEuroSIMA is reportedly planning a new event in France
EuroSIMA, the European surf industry association, is planning the launch of a new trade show in Seignosse, in southwestern France, in collaboration with event organizer WSN and the Icon agency, Fashion Network has reported. The project was validated in July by the EuroSIMA board and is now under consideration by ...
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ArticleZumiez encouraged by some brands in Europe, private label growth
Zumiez, despite reporting a Q2 loss of $8.5 million against a profit of 3.1 million and an 11.6 percent drop in revenues to $194.4 million for the period ended July 29, remains encouraged by key elements of its overall business. Those include “a good trend line” heading into Q4, a ...
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ArticleNew trio at Schanner’s helm
German company Schanner Eishockeyartikel GmbH + Co KG has expanded its management to three members on May 1, 2023. The long-standing employees Jan Otto and Mathias Angele have since been managing the company for hockey, ice skating and fun sport equipment together with CEO and sole shareholder Marc Meier. Schanner ...
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News briefsAuthentic taps RVCA’s Global GM to manage Boardriders brand portfolio
According to ShopEatSurf and following the official closing of the acquisition of the Boardriders Group, former RVCA Global General Manager David Brooks has accepted the position of Executive Vice President of Lifestyle Brands at Authentic Brands Group. In his new position, he is responsible for managing Authentic’s lifestyle brands – ...
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News briefsYanmar develops new marine activity called “Wheeebo”
Yanmar, a Japanese supplier of small and large engines, agricultural machinery and equipment, construction equipment, power systems, marine equipment, machine tools and components, has developed a new marine activity called Wheeebo. Users of the round board lean in the desired direction of travel – similar to using a hoverboard on ...
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News briefsAuthentic completes acquisition of Boardriders
Authentic Brands Group has confirmed the completion of the acquisition of Boardriders, the owner of the action sports and lifestyle brands Quiksilver, Billabong, Roxy, RVCA, DC Shoes, Element, VonZipper and Honolua. With the completion of the acquisition, Authentic says its annual retail sales total more than $29+ billion worldwide. ...
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News briefsQuiksilver pays tribute to Surfers of Fortune cult film with new collection
Quiksilver has released its latest apparel collection, Surfers of Fortune, a surf-core line inspired by the iconic 1990s Quiksilver film of the same name. The limited edition line includes boardshorts, jackets and T-shirts that embody the ideas and designs of Surfers of Fortune. The film had a significant impact on ...
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News briefsNikwax partners with 686
California-based outdoor, leisure and snowsports brand 686, founded in 1992 by skateboarder, snowboarder and visionary Michael Akira, and Nikwax, the Washington-based manufacturer of technical cleaners and waterproofers for outdoor gear and apparel founded in 1977, have teamed up to reduce waste and keep 686’s gear performing at its best over ...
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ArticleGoPro captures momentum with entry-level cameras; reports Q2 loss
New market strategies began to take hold in Q2 as revenues for the period clicked 9.5 percent higher, above expectations, to $241 million. Nonetheless, GoPro reported an operating loss of $22.5 million against an operating profit of $4.7 million for the period ended June 30. Gross margin came in at ...
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ArticleVF Corp. slashes FY revenue guidance, reports wider Q1 loss
VF Corp., the parent of The North Face (TNF) and Vans, welcomed its new President and CEO Bracken Darrell, 12 days on the job, to his first results call by reporting a Q1 loss of $57.4 million against a loss of $55.96 million in the year-ago period on an 8 ...
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News briefsK-Way and Comme des Garçons create official jacket of US Open of Surfing
The World Surf League (WSL) has announced a collaboration with K-Way and French brand Comme des Garçons on a limited-edition collection of jackets specially designed for the upcoming Wallex US Open of Surfing Presented by Pacifico. The event will take place in Huntington Beach, California, from July 29 to Aug. ...