Arc’teryx news and archive

Arc’teryx to open first Manchester flagship

Technical outerwear brand Arc’teryx is strengthening its foothold in Europe with the opening of a flagship store in Manchester on July 10. Located at 6 New Cathedral Street, the two-storey, 567-square-metre space represents more than a retail expansion, it is a strategic pivot into one of the UK’s most dynamic urban-outdoor ecosystems, just 25...

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Study: Ten levers for competitive textile-to-textile polyester recycling in Europe

A new study called “The Textile Recycling Breakthrough” has analysed textile-to-textile polyester recycling in Europe and has identified ten key levers to unlock exponential growth in polyester recycling in Europe. It also quantifies the cost gap between chemically recycled and virgin polyester, outlines policy and investment solutions and shows...

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Business

Parent company Arc’teryx and Peak Performance raises annual expectations after positive Q1

Amer Sports, Inc. had a strong first quarter. The Finnish sports group saw significant growth in both revenue and net income, according to the published quarterly figures. Due to the strong results, Amer Sports, Inc. decided to raise its expectations for the full financial year. Amer Sports, Inc. is the parent company of the brands Arc’teryx,...

People

Arc’teryx announces key leadership appointments

Arc’teryx Equipment, the Canadian design company specializing in technical high-performance apparel and equipment, has announced the appointment of Matt Bolte as chief merchandising officer. He will oversee the strategic direction of merchandising, planning, programming and business development across all product categories. Additionally, the...

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Amer Sports raises forecast on strong Q3 growth

For the third quarter, Amer Sports reported a revenue increase to 1,354 million dollars, up 17 percent on both a reported and constant currency basis. “The third quarter was very strong for Amer Sports Group across all brands and geographies. We are executing against our largest growth opportunities in Arc'teryx and Salomon footwear, while our...

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Business|Interview

A visit to Arc'teryx in Munich: Why the outdoor brand distances itself from luxury and trends

Arc’teryx is on an expansion course. In recent weeks, two new stores were opened in Germany while New York City became home to the brand’s largest flagship to date. The strategy has been in place as direct sales continue to pay off, particularly in terms of the profitability of the parent company Amer Sports. However, the focus of the Canadian...

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Amer Sports reports strong Q2, updates forecast

For the second quarter, Amer Sports revenue increased 16 percent to 994 million dollars or increased 18 percent on a constant currency basis. Net loss decreased 98 percent to 4 million dollars or negative 1 cent diluted loss per share and adjusted net income increased 129 percent to 25 million dollars or 5 cents diluted earnings per share. "Our...

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Business

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...

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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...

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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...