SGB Executive Outdoor

EXEC: Mips Sees Bike Helmet Market Starting to Recover

The Swedish helmet technology provider saw sales declines moderate quite a bit in the fourth quarter as the company sees the bicycle helmet category was posting growth again but upside there could not overcome the sharp decline in the motorcycle business.

EXEC: Vista Outdoor Reaffirms Guidance; Work Toward Split Continues

CFO Andy Keegan said the company expects the separation of its business to jump-start the “compelling vision” for Revelyst, the former Outdoor Products segment, by capitalizing its balance sheet with cash to accelerate its capital allocation strategy.

EXEC: Amer Sports IPO Comes Up Short; Some Cite China Concerns

Arc’teryx generated 43 percent of its overall revenues in Greater China in the nine-month YTD period in 2023, while the region only generated 5 percent of sales for Salomon and Wilson. Thirty-six Arc’teryx stores in China accounted for 16.7 percent of global brand revenues for the 2023 YTD period.

Triple Eight Distribution Acquires Certain Pro-Tec Brand Assets

The combination of Pro-Tec to its existing brand portfolio, including Triple Eight, 187 Killer Pads, Eightball, Wipeout, and 80six, enables Triple Eight to deliver a broader breadth and depth of protective gear to the global action sports market.