Arc’teryx, Salomon 1Q apparel sales jump 23 percent amid equipment, footwear weakness
Solid sales of Salomon and Arc’teryx apparel continue to help parent company Amer Sports survive the rollercoaster of winter and spring weather.
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Solid sales of Salomon and Arc’teryx apparel continue to help parent company Amer Sports survive the rollercoaster of winter and spring weather.
The company’s outdoor and winter apparel sales shot up 23 percent in the first quarter, while its footwear and wintersports equipment category sales each fell 2 percent.
The end result put Amer’s Winter and Outdoor Group sales up 4 percent to EUR 266.5 million ($346.9 million).
Apparel sales were strong across all regions, officials said. Wintersports equipment saw declines in alpine ski sales, but gains in cross-country skis and snowboards. Footwear sales inched up in North America, Russia and Japan, but declined in Europe.
Amer Sports President and CEO Heikki Takala said the company continues to see some shifts toward re-orders instead of pre-orders in several categories, because of weather patterns and economic struggles in Europe, but overall, business is strengthening.
Including Amer’s Fitness and Ball Sports categories, total company first-quarter 2013 revenue rose 4 percent to EUR 493 million ($641.6 million) for the Finland-based company. Quarterly profit slipped to EUR 14.8 million ($19.3 million) versus EUR 18.8 million ($24.5 million) a year ago.
