All Other outdoor sports articles – Page 7
-
ArticleTecnica Group wraps up record financial year
According to its 2022 financial statements just published, Italy’s Tecnica Group looks back on the highest results in its history, with sales of €561 million, up 21 percent year-on-year. Adjusted Ebitda amounted to €94.5 million, up 14 percent compared to FY2021. In 2022, the company also posted a consolidated operating ...
-
ArticleOn Holding sees ongoing momentum in 2023, surpasses the CHF 1bn sales mark
13-year-old Swiss company On, which completed its first full year as a public company in 2022, is forecasting currency-neutral sales growth of 42 percent this financial year to 1.7 billion Swiss francs (€1.69bn), further gross margin expansion toward its mid-term target of 60 percent, and a 150-basis-point growth in adjusted ...
-
News briefsKMD Brands secures B Corp status for Rip Curl, Kathmandu, Oboz
KMD Brands, the outdoor, lifestyle and sports company, sees all three of its brands – Kathmandu, Oboz and Rip Curl – become Certified B Corporations, becoming one of the first multinational firms in Australia and New Zealand to have all businesses individually certified. KMD Brands Group CEO Michael Daly ...
-
Case StudyIn a bid to unlock market value, Vista Outdoor plans to split into two separate companies
The fact that the ammunition and outdoor segments have developed so differently seems to justify a split of companies at Vista Outdoor.
-
News briefsVista sets course for action sports division, led by Fox Racing’s president
According to Shop Eat Surf, Jeff McGuane, president of Fox Racing, has been promoted at Vista Outdoor to lead a restructured Action Sports division, which includes Fox Racing, Bell, Giro, Blackburn, Krash, Copilot and Raskullz. Vista Outdoor acquired Fox Racing in August 2022. According to the same media source, McGuane’s ...
-
ArticleSwedish sports retail down 7.5 percent in Q4, index now with racquet sports
The quarterly Sportindex by Svenskt Sportforum shows that Swedish sports retail sales decreased by 7.5 percent in the fourth quarter of 2022, making it the fourth consecutive quarter with negative development for sports retail. For the full year 2022, sports retail sales development landed at -5.8 percent. However, the drop ...
-
ArticleNike’s former partner in Russia opens new sporting goods chain
Inventive Retail Group (IRG) has opened the first five stores of its new Hiker outdoor and sporting goods retail chain in Russia. IRG is the country’s largest retail group, specializing in developing stores of leading Western companies in Russia, including Apple, Samsung, Lego and Nike. Hiker’s assortment consists of several ...
-
News briefsMarketmedia expects flat market development for the coming years
Marketmedia24 has launched its new “Branchen-Report Outdoor 2023,” which puts a spotlight on the market development in Germany from the pandemic years 2020 and 2021 to 2022, the latter a year overshadowed by war and inflation. Overall, Marketmedia24 sees 2022 as a year of slightly negative sales numbers (-1.4 percent) ...
-
ArticleSwedish e-tailer Ridestore nears SEK 1 billion in sales
According to an article on ehandel.se, Swedish e-tailer Ridestore reported sales of just over SEK 1 billion (€90.8m) in its latest financial statements for 2021/2022, including currency exchange gains. Excluding, earnings were SEK 975 million (€87.6m), solid growth from SEK 600 million (€53.9m) the previous year. The privately held company ...
-
News briefsSport Conrad's second-hand pilot project was successful
Source: Sport Conrad Sport Conrad NOMOI second hand products German retailer Sport Conrad has now sold the 160 used garments from brands Patagonia, Ortovox, Maloja and Norrøna that were collected from mid-November 2022 as part of a pilot project integrated into the retailer’s sustainability initiatives. According to ...
-
ArticleDesigner Brands acquires Topo Athletic
Designer Brands Inc. announced the acquisition of Topo Athletic, expanding its reach into the performance athletic and outdoor footwear categories.
-
News briefsVans and Timberland launch capsule together
VF brands Vans and Timberland have teamed up to design a capsule together for the first time. Celebrating the 30th anniversary of Vans’ iconic Half Cab, the two brands offer a brand new style based on Vans’ iconic model first released in 1992 and Timberland’s Euro Hiker boot, created in ...
-
ArticleStrava’s Year in Sport 2022 reveals the latest industry trends
Strava’s Sports Year 2022 Report paints a picture of the latest trends in the outdoors, sports & fitness. We present the key numbers.
-
News briefsExecutive changes continue at Elevate Outdoor
Elevate Outdoor Collective (EOC) – the owner of K2, Völkl, Marker, Dalbello, Ride Snowboards, Line Skis, Backcountry Access, Atlas Snow Shoe, Tubbs Snowshoes and other brands – is promoting Dagmar Ruthert to director of sales for the European market. She will be reworking both customer service (to refocus it on ...
-
ArticleRendle steps down as CEO, VF revises FY23 outlook
Source: VF Corp. Benno Dorer, interim president and CEO of VF, effective immediately VF Corp. announced that Benno Dorer, lead independent director of the VF board of directors, has been appointed interim president and chief executive officer, effective immediately. Richard Carucci, who has served on the board ...
-
News briefsEppler to replace Høgberg as Odlo CEO
Source: Odlo Daniel Eppler, new Odlo CEO Monte Rosa Sport, owner of the Odlo, Henri-Lloyd and Janus brands, has appointed Daniel Eppler as new CEO of Odlo and Monte Rosa Sport, effective Jan. 1, 2023. Eppler joins the group from Nike, where he currently serves as VP ...
-
News briefsOrthoLite Cirql names sales director in Ho Chi Minh City, Vietnam
Source: OrthoLite Juan Cutina U.S.-based insole specialist OrthoLite has introduced Juan Cutina as sales director for its recently launched OrthoLite Cirql division. Cirql – an EVA foam that is plastic-free, recyclable, biodegradable and industrially compostable – is a patented solution for footwear that helps brands and factories ...
-
News briefsRossignol launches new multi-brand mountain sports store concept
Rossignol Group has announced the opening of its “Start Gate” stores in Bex (Switzerland) and Bromont (Canada). The stores offer customers products from the group’s brands in a single location, alongside specialist technical and customization services. The group’s portfolio includes the brands Rossignol, Dynastar, Lange, Look, Kerma and Risport. The ...
-
ArticleRossignol Group plans significantly more revenue, new ESG commitments, novel four-season approach
Source: Rossignol Group Vincent Wauters Under the leadership of Vincent Wauters, president and CEO, who took over the reins of the group in February 2021, the Rossignol Group has announced a new strategic plan called Ascension 2026, according to which the group aims to achieve sales of ...
-
News briefsAdidas Originals and Rimowa join forces for exclusive capsule
Source: Adidas Rimowa x Adidas NMD_Backpack German brands Adidas Originals and Rimowa have teamed up for their first-ever capsule collection. The cross-category collection is made exclusively in Germany and includes Rimowa’s first backpack – the NMD_Backpack – made from the luggage brand’s signature grooved aluminum and the ...
