Arc’teryx news and archive

Technical apparel segment boosts Amer Sports Q1 revenues

For the first quarter, Amer Sports revenue increased 13 percent to 1.2 billion dollars led by a 44 percent increase in the technical apparel segment. On a constant currency basis, revenue increased 14 percent. Commenting on the trading results, Amer Sports CEO James Zheng said: “Our transformation to a brand-direct business model four years ago...

Business

Ellen MacArthur Foundation and leading brands start The Fashion ReModel to pursue a circular approach

How to make money in fashion without making new clothes? That is ultimately the question that needs to be solved by the industry in view of the current take-make-waste models that churn out 100 billion (!) pieces of new clothing each year only to be discarded after a few wears. The Ellen MacArthur Foundation has announced a new initiative called...

Retail

Arc’teryx opens first ‘Alpha’ store concept in Toronto

Performance apparel retailer Arc’teryx has unveiled a new store concept in Toronto, Canada, aimed at “reinforcing the brand’s commitment to sustainability and community engagement”. Dubbed ‘Alpha’, the new format will roll out through future store openings starting summer 2024, with each location to act as a hub for community engagement and a...

Business

Arc’teryx leads the way in Amer Sports’ Q4 results

Amer Sports, the parent company of Salomon, Arc’teryx and Wilson, has published its financials for the fourth quarter of 2023, as well as for the full fiscal year, with its technical apparel segment leading the charge among its wide-scoping portfolio. For the fourth quarter, revenue increased 10 percent to 1.315 billion dollars, representing an...

Retail|In Pictures

Arc’teryx's newest UK flagship focuses on circularity services

Canadian high-performance outdoorwear brand Arc’teryx places circularity front and centre in its newly opening UK flagship in Covent Garden. The relocated and upsized flagship, located at 41-42 King Street, marks the brand’s biggest store in Europe, spanning 8,000 square feet. It offers Arc’teryx’s range of technical gear, footwear, and...

Business

Arc'teryx wins summary judgment against Adidas over Terrex store in Vancouver

Adidas must cover the sign of its Terrex store. This was decided by the Supreme Court in Vancouver following a court order from rival sportswear manufacturer Arc'teryx. Arc'teryx's parent company, Amer Sports Canada, filed a lawsuit last year against the international sportswear giant's sub-brand, claiming that Adidas would "create consumer...

BusinessFeatured

Amer Sports, Wilson and Arc’teryx owner, files for US IPO

Sports conglomerate Amer Sports has officially filed for an initial public offering (IPO) on the New York Stock Exchange (NYSE) amid efforts to bolster funding to pay back debts. The group, which owns the likes of Arc’teryx, Salomon and tennis racket manufacturer Wilson, appointed Goldman Sachs & Co., BofA Securities, J.P. Morgan and Morgan...

Business

Amer Sports, owner of Salomon and Arc'teryx, files for IPO

Global sports conglomerate Amer Sports has initiated the process for an Initial Public Offering (IPO). Headquartered in the United States, Amer Sports operates a diverse portfolio that includes renowned brands such as Arc'Teryx, Salomon, Peak Performance, and Wilson, a leading name in tennis equipment. While unofficial sources have hinted at a...

Business

Amer Sports names new CEO of outdoor brand Arc’teryx

Amer Sports Corporation has appointed retail industry executive Stuart Haselden to the newly-created role of CEO at outerwear apparel and equipment brand Arc’teryx. In this new position, Haselden will lead the global business strategy with a focus on building new vertical capabilities and accelerating regional expansion, Amer Sports said...