All Black Diamond articles
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News briefsNew technology aims to reduce size-related returns in e-commerce
A Munich-based startup, Sizekick, has launched a new technology to help brands and retailers reduce size-related returns in e-commerce, along with strategic partner and investor Hohenstein. The newly developed sizing AI is now celebrating market entry, with the technology available for fashion e-commerce stores, with successfully acquired customers including the ...
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News briefsSpanish retailer posts record sales
Spanish retailer Megasport achieved record sales of €21.5 million in its fiscal year ended April 30, CMD Sport has reported, surpassing the €20 million mark for the first time in its history. Sales were up 17 percent compared to the 2021/22 fiscal year. Megasport was founded in 1990 by David ...
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News briefsWinners of the first ISPO Awards round 2023 announced
The winners of the first of four rounds of the ISPO Awards 2023 have been announced following a jury meeting in Innsbruck. An independent jury of six, including three industry experts and three members of the ISPO Collaborators Club, was supported by textile expert Louisa Smith, who advised on sustainability. ...
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ArticleClarus sees sales growing by 62% this year
Clarus Corp., the Utah-based parent company of Black Diamond and Pieps, said it expects to report a sales increase of 66 to 67 percent up to $107-$108 million for the third quarter ended Sept. 30, with a strong momentum across all brands. Black Diamond’s sales are expected to have increased ...
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News briefsBlack Diamond hires a ski industry veteran, Mike Hattrup
Black Diamond Equipment has named Mike Hattrup business unit director for its ski category, reporting to the company’s global vice-president of product, Kolin Powick. He will cover the brand’s entire ski and snow safety business including skis, avalanche transceivers, JetForce airbag backpacks, probes, shovels, as well as snowpacks and ski ...
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News briefsClarus raises full-year guidance after Q1 sales jump
Clarus Corp, the parent company of Black Diamond, Pieps and Sierra Bullets, raised its sales and profit guidance for the full year after posting revenues of $75.3 million in the first quarter, up by 41 percent on a reported basis and 39 percent higher in constant currencies. Excluding Barnes Bullets, ...
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ArticleBlack Diamond’s parent sees strong growth
Clarus Corp., the parent company of Black Diamond Equipment and Pieps, announced that its revenues surged by 24 percent to $75.9 million in the fourth quarter, or by 23 percent in constant currencies. This was mostly due to the company’s ammunition division, particularly with gains in the Sierra Bullets business, ...
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ArticleBullish about Black Diamond, Clarus withdraws bond offer
Clarus Corp. reported third-quarter sales for Black Diamond (BD) that bounced back from the second quarter, but they were still down by 8 percent compared with the third quarter of 2019. Still, the management said it remains upbeat and expects continued recovery into the fourth quarter. Overall, the parent company ...
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News briefs
Black Diamond partners with POW and FWT
Black Diamond Equipment announced a new partnership with Protect our Winters (POW), the organization that focuses on climate advocacy. Additionally, Black Diamond and Pieps have renewed their partnership with the Freeride World Tour (FWT) as the official supplier and safety partner of the event, providing athletes with critical snow safety ...
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News briefs
Clarus raises $11.5m from three top investors
Clarus Corporation, parent company of Black Diamond, Pieps, Sierra Bullets and Skinourishment, has entered into an agreement with three of its top 10 investors - Brown Advisory, Greenhouse Funds and TT Investimentos - to sell 900,000 registered shares of the company to support future growth. The sale will be priced ...
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News briefs
Store closures end Black Diamond’s strong growth
Store closures due to the pandemic pushed Clarus Corp.’s sales for the first quarter down by 12 percent to $53.6 million. The parent company of Black Diamond, Pieps and Sierra Bullets saw its net income tumble to $36,000, compared with $3.8 million for the three months ended on March 31, ...
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News briefs
Clarus cancels SKB’s takeover, replaces dividend with shares
Clarus Corp., the American holding company of Black Diamond Equipment and other operations, said it has cancelled its planned acquisition of an American case maker, SKB, by mutual agreement with the sellers as a result of the uncertainties created by the coronavirus pandemic. Clarus would have had to pay $85 ...
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Article
Clarus buys a case maker, after making further progress
(OIC) Clarus Corporation, the parent company of Black Diamond, Sierra Bullets and SKINourishment, continues to make acqusitions in adjacent sectors. It has announced the takeover of SKB Corporation, a leading U.S. producer of protective cases. The purchase price of around $96 million will consist of $85 million in cash and ...
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Article
Higher losses for Black Diamond
Black Diamond reported lower margins and higher operating losses for the second quarter as compared to a year ago, due to a number of factors, but the management remained bullish about the balance of the year, due to many new product introductions, supported by higher marketing spend. Sales went ...
