All Cutter & Buck articles
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News briefsSports & leisure profits dip at New Wave in Q2
A Swedish sports and leisure group posted lower Q2 earnings and sales as currency effects and ongoing investments weighed on performance.
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ArticleNew Wave Sports Q1 net sales increased by 9.0%
CEO Torsten Jansson: ”We are opening another warehouse in the south of the US to improve customer service in that region.”
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ArticleNew Wave posts higher sports & leisure profits, sales in Q4
The segment sales for the Swedish company´s sports & leisure unit rose by 7 percent to €350.9 million.
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C-Suite InterviewNew Wave Group CEO on the company’s US plans and the desire to acquire more sports brands
New Wave Group, proprietor of Craft and Tenson, has started teamwear sales in the US. An interview with CEO Torsten Jansson.
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ArticleNew Q2 record for New Wave Sports, investment in US market launched
Swedish brand New Wave Sports made a total net sales of SEK 2.397.9 million (€208.2m) in Q2 and is looking for more acquisitions in the sports segment.
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News briefsNew Wave’s Sports & Leisure segment impacted by higher costs
The segment, which includes 14 brands such as Cutter & Buck and Ahead, suffered a 44 percent decline in Q1 operating income to 72.2 million Swedish kronor (€6.2m) from SEK 128.0 million in Q1 ended March 31. Total sales fell by 6 percent to SEK 860.0 million (€74.0m) from SEK ...
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News briefsNew Wave nets 5% gain in FY23 operating profit
Annual operating profit for Swedish New Wave Group, whose business operates in three segments, increased by 5 percent to 1,577.2 million Swedish kroner (€140.4m) for the 12 months ended Dec. 31 as total revenues inched up by 2 percent to SEK 3,874.6 million (€344.9m) from SEK 3,782.3 million. In Q4, ...
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News briefsNew Wave Group operating profit dips despite 5 percent sales growth
New Wave Group reported a 10.9 percent decline in Q3 net profit to 270.9 million Swedish kroner (€23.2m) from SEK 304.0m for the three months ended Sep. 30. Period operating profit declined by 4.2 percent to SEK 381.1 million (€32.6m) despite 5 percent revenue growth to SEK 2.34 billion (€199.8m) ...
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Article
Record operating results for Craft’s parent
Efforts to prioritize costs, earnings and cash flow bore fruits in the fourth quarter of 2020, helping the New Wave Group to score record operating profits. Despite restrictions linked to the pandemic and canceled or postponed events, the Swedish company behind Craft of Scandinavia and Cutter & Buck saw its ...
