Peak Performance news and archive

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,...

Retail

Peak Performance to open first UK store in London

Scandinavian outdoor brand Peak Performance, owned by Amer Sports, has confirmed it will open its first-ever store in the UK later this year as part of its global expansion plans. Peak Performance has selected Covent Garden in London for its debut UK store, following in the footsteps of its sister brand, Canadian high-performance outdoorwear...

FeaturedMember

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...