All Action sports articles
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ArticleGoPro reports another loss, cuts costs by 30%
Facing revenue declines and delayed product launches, GoPro slashes costs and refocuses on growth to regain profitability by 2026.
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ArticleGlobe eyes stronger sales outside Australia in FY25
Annual Ebit of the multi-brand skate, surf and swimwear company increased by 12%.
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ArticleNidecker Group acquires iconic skate brands, expands legacy in action sports
The Nidecker Group has announced the acquisition of the skate brands Etnies, éS, Emerica and ThirtyTwo from Sole Technology. The deal sees Sole Tech’s founder, Pierre André Senizergues, remain CEO while retaining a minority interest in the brands. Under the leadership of Senizergues, the brands have become pioneers in the ...
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News briefsZumiez updates quarter-to-date sales
Zumiez, the parent of the Blue Tomato retail chain, reported a 4.2 percent increase in international net sales, consisting of revenues generated in Europe and Australia, for the nine weeks ended Dec. 30. However, comparable international sales were down 4.2 percent for the period. Group sales fell by 6.6 percent ...
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News briefsAuthentic partners with BBC Int'l for DC Shoes in USA, Canada
Authentic Brands Group has partnered with Florida-based BBC International for its skateboarding, snowboarding and street lifestyle brand DC Shoes. Under this agreement, BBC will handle the global design, wholesale distribution and sourcing of DC Shoes footwear and snowboard boots in the US and Canada. BBC is a full-service footwear company ...
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News briefsBlue Tomato expands “Rent Your Ride” rental service
Action sports and lifestyle retailer Blue Tomato is expanding its offer to rent selected products such as snowboards, splitboards, boots and bindings. As part of the “Blue Tomato Rent Your Ride” service, customers can obtain advice on the products in several stores in Germany and Austria and then rent them. ...
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News briefsRip Curl to expand its retail presence in Spain
Rip Curl, part of KMD Brands, is planning to expand its retail presence in Spain in partnership with the El Corte Inglés department stores, according to Modaes. Spain is Rip Curl’s second European market after France. The brand currently has three stores in Spain, where it also sells its products ...
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News briefsGlobal skateboard market to grow at a CAGR of 3.5% to 2030
The global skateboard market size is expected to reach $4.25 billion by 2030, marking a compound annual growth rate (CAGR) of 3.5 percent from 2023 to 2030, according to a new study by Research and Markets. Growth is fueled by an increasing interest in newer sports and an inclination toward ...
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News briefsSurf Expo announces diverse exhibitor list for January show
US-based trade show organizer Emerald announced that Surf Expo, returning to the Orange County Convention Center in Orlando, Florida, on Jan. 10-12, will feature a diverse lineup of more than 700 exhibitors. The list also includes nearly 100 new brands in the surf, bluewater, boutique, coastal gift, footwear, paddle, resort, ...
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News briefsAmplid takes an artistic turn
German snowboard company Amplid has announced a collaboration with US-based artist Justin Moll a.k.a Dr. Wolfenbergen hailing from greater Philadelphia. The collab sees Amplid’s Singular and Singular Twin models adorned with the artist’s Lo-Fi and rough aesthetic style work. Video: Dr. Wolfenbergen Art Collab ...
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ArticleZumiez braces for FY loss despite higher Blue Tomato sales
Zumiez is now forecasting a full-year net loss and annual sales to fall more than 8 percent after reporting a net loss of $2.23 million against a profit of $6.9 million in Q3 ended Oct. 28. The operating loss was $157,000 against $10.4 million as gross margin contracted 70 basis ...
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ArticleSnowboard brand Forum returns to Europe
Austrian board sports and lifestyle specialist Blue Tomato, part of the portfolio of US retailer Zumiez since 2012, is exclusively bringing the snowboards and snow and streetwear from US company Forum back to Europe. The brand went off the market in 2014 and relaunched exclusively online in 2022 in the ...
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News briefsGoPro hires SVP of Engineering
GoPro has appointed Vince Nakayama as Senior Vice President of Engineering, effective immediately. Nakayama will provide strategic leadership for GoPro’s entire engineering organization, including hardware, software and cloud. He has extensive experience in creating value at the intersection of hardware, software and user experience, most recently as Vice President of ...
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News briefsH&M Move releases lower-cost performance range for snow sports
The sportswear brand of fashion retailer H&M – H&M Move – has released a lower price point performance range, the Snow Collection. The multifunctional technical apparel is designed to “help more people find a route to the snow in 2023 and beyond.” Source: H&M Move “By ...
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ArticleSweet Protection and Kari Traa are realigning in Central Europe
The Norwegian sportswear and equipment company Active Brands is realigning its activities in Central Europe. The focus is on the two main brands Sweet Protection and Kari Traa in the DACH (Germany, Austria and Switzerland) market. The aim of Active Brands’ reorganization is to offer existing and new retail partners ...
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ArticleElevate Outdoor Collective fills further key positions
Elevate Outdoor Collective (EOC) announced some new additions and changes to its team around the group’s 12 brands (K2 Skis, K2 Snowboarding, Marker, Dalbello, Völkl, Ride Snowboards, Line Skis, BCA, Atlas Snow Shoe Co, Tubbs Snowshoes, Madshus and K2 Skates). The first set of staff changes have been made in ...
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News briefsElevate Outdoor Collective with new distribution in Spain and Norway
As part of the realignment and unification of the distribution structure of Elevate Outdoor Collective (EOC), the group – which includes the brands K2 Skis, K2 Snowboarding, Marker, Dalbello, Völkl, Ride Snowboards, Line Skis, Backcountry Access, Atlas Snow Shoe Co, Tubbs Snowshoes, Madshus and K2 Skates – has now decided ...
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ArticleGoPro expanding retail network, camera range
GoPro reported an operating loss of $3.79 million against a profit of $24.4 million in Q3, ended Sep. 30, as total revenues declined by 3.5 percent year-over-year to $294.3 million from $305.1 million. Sales of entry-level cameras generated 19 percent of period revenues and exceeded internal expectations as total camera ...
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ArticleDecline in revenue at Safilo in Q3 cushioned by Smith's rebound
The Safilo Group has reported a second consecutive quarter of topline decline as total Q3 revenue dropped by 9.8 percent year-on-year to €260.4 million, with sales declining both in North America and Europe that together account for over 80 percent of sales. Aside from strong currency headwinds, the company attributed ...
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News briefsDb achieves B Corp status
Db, makers of luggage for activities including surfing and snowboarding, has achieved B Corp status. Db achieved a 98.1 score, compared to the minimum requirement of 80. To complete the certification, Db has taken certain steps to cement its commitment to being legally accountable to all of its stakeholders – ...
