All Salomon articles – Page 2
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Article
Amer Sports gets upgraded by S&P Global
Amer Sports, the parent of Arc’teryx, Salomon and Wilson brands, last week received an upgrade on its credit rating to B+ from B and a stable outlook from S&P Global. The credit rating agency, which is projecting revenue growth of 17 to 18 percent for Amer this year and 8 ...
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ArticleRussian athletic apparel market in turmoil
The Russian market for sportswear has become strained with the departure of industry leaders Nike, Adidas, Puma and Reebok, as well as smaller European players, over the past year, according to several Russian publications. This segment has suffered much more from Western sanctions than the sporting goods market in general. ...
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ArticleRottefella wins patent suit against Amer
The Norwegian Court of Appeal has ruled in favor of Rottefella and Madshus in the patent case against Amer Sports on moveable binding systems. The lawsuit targeted “Move,” a binding system for cross-country skis that Norwegian manufacturer Rottefella launched in 2018 after several years of product development. Move, developed by ...
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Infographics & DataBrand standings at the end of the FIS 2022/23 season
To mark the end of the ski season, we’re sharing the brand standings of the FIS Alpine 2022/23 competition and discuss why brands sponsor winter sports.
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ArticleThis year’s best April 1 product releases
Did any of these fool you? We bring you the best April Fools’ Day product releases from sporting goods and outdoor brands this year.
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ArticleAnta Sports Products publishes ESG report 2022
Anta Sports Products Limited, owner of companies Fila, Descente and the Amer Sports group, including Atomic, Arc’teryx, Salomon and others, besides its own Anta brand, has published the 2022 ESG report for Anta that touches a broad range of operational and financial topics on 132 pages. The ...
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Infographics & DataYue Yuen’s 2022 shoe manufacture volume by region
We bring you a breakdown of Yue Yuen’s shoe manufacture volume by region
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ArticleAnta’s FY profit is flat despite revenue expansion
Anta Sports Products, forced to cope with pandemic-related policies that negatively impacted store foot traffic and consumer sentiment across China for most of 2022, reported 8.8 percent growth last year to 53,651 million yuan renminbi (€7.58bn) on a flat net profit of RMB 8,245 million (€1.17bn) against RMB 8,219 million. ...
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ArticleYue Yuen delivers solid FY results, but warns about gathering headwinds
Bolstered by its manufacturing segment, Yue Yuen reported a 158 percent increase in annual operating income to $416.8 million in FY22 on a 5 percent revenue expansion to $8.97 billion from $8.53 billion. Net income grew by 106 percent to $293.2 million as the annual gross margin dropped slightly to ...
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News briefsFiber-to-fiber consortium gets a new member
A fiber-to-fiber consortium founded in 2022 by On, Puma, Salomon, Patagonia and the green biotech company Carbios, has welcomed a new collaborative partner: Fashion company PVH Corp (which includes brands Calvin Klein and Tommy Hilfiger). According to the consortium agreement, during the two-year collaboration, member brands will test and enhance ...
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News briefsSalomon publishes first-ever annual sustainability report
Following its sister company Atomic’s impact statement, Salomon has also published its first-ever annual sustainability report. After a full carbon inventory, the French brand’s science-based targets have been officially approved for 2022 (aiming for a 50 percent absolute reduction in Scope 1 & 2 carbon emissions and a 30 percent ...
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News briefsRihanna wears Salomons for Superbowl show
Singer Rihanna wore Salomons as she performed a highly-anticipated set for the famous half-time show at the 2023 Super Bowl LVII. The distinctive red sneaker worn by the megastar is part of a November 2022 collaboration between fashion brand MM6 Maison Margiela and Salomon. The MM6 Maison Margiela x Salomon ...
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News briefsAmer Sports partners with Sourcemap on transparency
Sourcemap, a New York-based specialist in supply chain transparency and traceability software, has announced that Amer Sports will leverage Sourcemap’s supply chain transparency solution to collect transaction certificates for certified materials and independently verify the company’s and its subsidiaries’ entire chain of custody, from raw material to finished product. Amer ...
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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 ...
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ArticleCan fashion weeks replace trade shows?
Fashion Weeks are just around the corner. Could they replace trade shows as the most important dates in the industry? We take a closer look.
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ArticleStockX broke records in 2022, reveals most traded and fastest growing brands
In a new report, Detroit-based resale platform StockX details the top-traded and fastest-growing brands on its platform over the last year. StockX’s annual report – Big Facts: Current Culture Index 2023 – notes that the company surpassed 1.5 million lifetime sellers, 12 million lifetime buyers and 40 ...
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ArticleGorpcore: The trend that could be bigger than athleisure
Gorpcore: the trend you may have missed and the huge potential it holds for performance brands. We explain it and evaluate its potential.
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News briefsSalomon appoints global chief brand officer
Source: Salomon Scott Mellin, new global chief brand officer Scott Mellin has been named global chief brand officer by Salomon, a new role at the company following the departure of Salomon’s VP of brand, Eric Pansier, last year. Mellin will lead the company’s global marketing organization from ...
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ArticleWoolmark announces winners of the Performance Challenge Award 2022
At ISPO Munich 2022, The Woolmark Company and Salomon announced the winners, as well as the ten most innovative finalist concepts, for the 2022 Woolmark Performance Challenge, a well-known innovation and ideas program for the sports and performance market. This year’s theme was long-distance mountain running. Students were asked ...
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