Winter Sports – Page 9
-
ArticleEssilorLuxottica adds Swedish eyewear brand Bliz to sports portfolio
EssilorLuxottica has announced the integration of Bliz, a sports eyewear brand, snow goggles and helmets, in its sports portfolio, which already includes Oakley and Costa. The brand was previously owned by Future Eyewear, a Swedish-based eyewear company selling and distributing other brands like Dr. Zipe (sports eyewear), Prestige (sunglasses) or ...
-
News briefsPeak Ski Company seeks additional funding opportunities
Peak Ski Company, headquartered in Bozeman, Montana, has contracted growth equity firm Republic Group to launch a crowdfunding initiative “to fuel growth and innovation.” Peak Ski Company was co-founded in April 2022 by Andy Wirth, the former President and CEO of Squaw Valley Ski Holdings, the parent company of ...
-
News briefsFusalp’s CEO resigns from the role, remains involved with the brand
Alexandre Fauvet, who has served as the chief executive of French sports apparel brand Fusalp for nearly ten years, is leaving the role. He will continue to be involved with the brand as a strategic committee member and minority shareholder. Fauvet was appointed Fusalp’s chief executive in 2014 when Philippe ...
-
News briefsActive Brands promotes Øystein Bråta to new CEO
Source: Active Brands via Norsk Sportsbransjeforening Øystein Bråta Active Brands, the parent company of brands such as Kari Traa, Sweet Protection, Dæhlie, Johaug and Bula, has promoted Øystein Bråta to the role of CEO. He succeeds Christophe Merkel, who has been appointed Chairman of the Board after ...
-
News briefsDynastar celebrates 60 years with sustainable Hybrid Core 2.0 ski construction
Dynastar celebrates its 60th anniversary in 2023. The French brand, which is part of the Rossignol Group, has set itself the goal of continuing to lead the way in high-end ski performance while carving a more sustainable path forward for itself and for the ski industry. Part of this strategy ...
-
News briefsH&M Move releases lower-cost performance range for snow sports
The sportswear brand of fashion retailer H&M – H&M Move – has released a lower price point performance range, the Snow Collection. The multifunctional technical apparel is designed to “help more people find a route to the snow in 2023 and beyond.” Source: H&M Move “By ...
-
ArticleSweet Protection and Kari Traa are realigning in Central Europe
The Norwegian sportswear and equipment company Active Brands is realigning its activities in Central Europe. The focus is on the two main brands Sweet Protection and Kari Traa in the DACH (Germany, Austria and Switzerland) market. The aim of Active Brands’ reorganization is to offer existing and new retail partners ...
-
ArticleElevate Outdoor Collective fills further key positions
Elevate Outdoor Collective (EOC) announced some new additions and changes to its team around the group’s 12 brands (K2 Skis, K2 Snowboarding, Marker, Dalbello, Völkl, Ride Snowboards, Line Skis, BCA, Atlas Snow Shoe Co, Tubbs Snowshoes, Madshus and K2 Skates). The first set of staff changes have been made in ...
-
News briefsElevate Outdoor Collective with new distribution in Spain and Norway
As part of the realignment and unification of the distribution structure of Elevate Outdoor Collective (EOC), the group – which includes the brands K2 Skis, K2 Snowboarding, Marker, Dalbello, Völkl, Ride Snowboards, Line Skis, Backcountry Access, Atlas Snow Shoe Co, Tubbs Snowshoes, Madshus and K2 Skates – has now decided ...
-
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 ...
-
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 ...
-
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) ...
-
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 ...
-
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 ...
-
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 ...
-
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 ...
-
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 ...
-
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 ...
-
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 ...
-
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 ...
