All snow sports articles – Page 4
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News briefsAnother prospective Olympic host throws its beret into the ring
France has bid to host the Winter Olympics in 2030, as many outlets are reporting. As with the recent bid from Switzerland, the host is no single city but, instead, a group of regions coordinating their efforts and presenting a single project. The regions in question are Auvergne-Rhône-Alpes and Sud/Provence-Alpes-Côte ...
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ArticleGoPro expanding retail network, camera range
GoPro reported an operating loss of $3.79 million against a profit of $24.4 million in Q3, ended Sep. 30, as total revenues declined by 3.5 percent year-over-year to $294.3 million from $305.1 million. Sales of entry-level cameras generated 19 percent of period revenues and exceeded internal expectations as total camera ...
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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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News briefsGoldwin’s H1 operating profit up by 15 percent
Goldwin generated a 15 percent improvement in operating profit to ¥6,070 million (€137.8m) from ¥5,277 million for the six months ended Sept. 30. Profit attributable to shareholders lifted 25 percent higher to ¥7,323 million (€45.6m). H1 sales at the Japanese company rose 12.8 percent to ¥51,096 million (€317.9m) from ¥45,309 ...
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ArticleDecline in revenue at Safilo in Q3 cushioned by Smith's rebound
The Safilo Group has reported a second consecutive quarter of topline decline as total Q3 revenue dropped by 9.8 percent year-on-year to €260.4 million, with sales declining both in North America and Europe that together account for over 80 percent of sales. Aside from strong currency headwinds, the company attributed ...
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ArticleAcushnet’s Q3 operating income up 3.4 percent
Citing strong demand for its products, enthusiasm for the game of golf, and healthy fundamentals across the industry, Acushnet confirmed its full-year revenue outlook and narrowed its full-year expectations for adjusted Ebitda while reporting Q3 results. The Titleist, FootJoy, and Kjus parent continues to see FY revenues in the $2.35 ...
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News briefsCoDi’s divestiture of Marucci will benefit the company
Compass Diversified’s decision to divest its Marucci Sports business to Fox Factory for $572 million after purchasing the brand for $200 million in 2020 will help the company reduce its cost of capital and give it “greater ability to increase shareholder returns,” it said in a statement. In Q3 ...
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News briefsAdidas by Stella McCartney enters ski wear under Terrex label
Source: Adidas Terrex Iris Law presents the first ever Adidas by Stella Mccartney ski collection Now in the eighteenth year of the collaboration, Adidas by Stella McCartney is venturing into the snowsports arena with a new ski wear collection for Terrex, Adidas’ Outdoor label. British model and ...
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ArticleCanada Goose lowers FY24 outlook, increases reliance on DTC
Citing an increasingly challenged global macroeconomic environment and a slowing business in September, Canada Goose has lowered its FY24 total revenue outlook by 7 to 14 percent. Total annual sales are now pegged at CA$1.2 billion to CA$1.4 billion (€819m to €956m). The adjusted guidance assumes direct-to-consumer will represent about ...
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News briefsCanada Goose announces new executive appointments for spring 2024
Canada Goose Holdings Inc. announced that Neil Bowden, currently deputy chief financial officer, has been appointed CFO. He will replace Jonathan Sinclair, who in turn has been appointed President APAC. Both changes will be effective April 1, 2024. Bowden currently leads Canada Goose’s global finance team and has been with ...
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News briefsDakine launches 2024 winter outerwear collection with recyclable materials
Dakine is using its new Re-Psyched technology – according to the brand, a fully recyclable outerwear material – in its latest 2024 winter collection, which also features Bluesign fabrics and recycled materials. The outerwear starts with a high-end 100 percent recycled yarn woven at Japanese mills. It is then bonded ...
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News briefsDb achieves B Corp status
Db, makers of luggage for activities including surfing and snowboarding, has achieved B Corp status. Db achieved a 98.1 score, compared to the minimum requirement of 80. To complete the certification, Db has taken certain steps to cement its commitment to being legally accountable to all of its stakeholders – ...
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News briefsOdlo releases first snowboarder-specific baselayer with Burton
Odlo has joined forces with Burton to create the first snowboard-specific base layer in the Swiss base layer brand’s history. The Odlo x Burton Slokar Performance Wool 200 base layer is a seamless, technical performance base layer comprising of a crew neck long sleeve top and matching 7/8th length ...
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News briefsSalomon is premium partner of Milano Cortina 2026
For the first time in its 76-year history, Salomon has become a Premium Partner of the Olympic and Paralympic Winter Games Milano Cortina 2026. The French sports equipment company, focusing on mountain sports, will supply clothing, footwear and accessories to the technical staff, competition judges, volunteers, and the staff involved ...
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News briefsDalbello appoints Global Brand Business Director
Source: Dalbello Giuseppe Bianchini The Asolo, Italy-based company has now reported that the newly created position of Global Brand Business Director, responsible for the strategic direction of Dalbello in an international context, has already been filled by Giuseppe Bianchini since June 1, 2023. The new position is ...
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ArticleJones introduces Re-Up Tech snowboard recycling program
California-based winter apparel and backcountry gear brand Jones Snowboards announced a snowboard production technology called Re-Up Tech that allows snowboards to be recycled and the collected materials to be used to make new snowboards. The Re-Up Tech process was designed in partnership with SWS Board Technology, Jones’ snowboard factory partner ...
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ArticleStereo Skis partners with Aamodt, adds FIS-certified comp skis
Source: Stereo Skis Kjetil André Aamodt and Jens-Martin Johnsrud Norwegian ski brand Stereo Skis is partnering with Norwegian ski racing legend Kjetil André Aamodt, who will serve as an ambassador and collaborator in the development of the brand’s first FIS-certified ski collection. Aamodt – the world’s most ...
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News briefsDPS announces trade-in program for used skis
U.S.-based ski manufacturer DPS Skis has launched Revive, a new program that offers customers the opportunity to trade in qualifying used DPS skis for a credit toward new DPS skis and equipment. The credit is up to $500, depending on the condition of the traded-in ski. Upon receipt, DPS will ...
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ArticleFour brands present ski boots with Boa Fit System
Source: Tom Klocker / Boa Boa® Technology, inventor of the Boa® Fit System, has joined forces with Salomon, Atomic, Fischer and K2 to launch the first Boa-powered ski boots. One of Austria’s most successful ski racers, Benjamin Raich, was instrumental in developing the system as a test ...
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News briefsRidestore breaks billion SEK mark
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 ...
