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 positive impact on the results, as it sells a lot of products in the Eurozone. Ridestore also entered 15 new markets last year.
Founded in 2006 by brothers Linus and Emil Hellberg, Ridestore sells snowboard, ski and outdoor clothing and streetwear and owns the Dope, Newsoul and Montec labels.
