Peak Performance news and archive

Hello Yellow! Peak Performance introduces Vertixs collection

A love letter to our community, the Vertixs ski collection is all about enabling those unforgettable moments in snowy mountains. Developed with the expertise and feedback provided by our roster of professional skiers, this season’s lineup showcases our continuous commitment to bold design, uncompromising functionality and sustainability. Made by...

FashionPress Release

Our approach to circular economy and design

A circular economy is a systemic approach to economic development designed to benefit businesses, society, and the environment. In contrast to the linear model, with a cradle- to-grave approach, a circular economy has an aim to decouple growth from the consumption of finite resources. During 2019 we defined what circular economy and design is...

ManagementFeatured

Leading fashion chains join the “Swedish textile initiative for climate action"

To achieve key sustainability goals, leading Swedish fashion chains such as H&M, Kappahl, Peak Performance among others, have joined hands with The Sustainable Fashion Academy for the "Swedish textile initiative for climate action" (STICA). Through this initiative, these apparel companies would focus on reducing their climate impact by at least...

Management

Amer Sports puts Mavic under review as it updates strategy

Amer Sports Corporation has announced that it is updating the company's strategy focusing on continued profitable growth and prioritising acceleration in softgoods, business to consumer, China, United States, and digitalisation. As a part of its growth strategy, the company will focus on integration of the acquired Peak Performance business,...

Report

Amer Sports completes acquisition of Peak Performance

Amer Sports Corporation announced through a statement that it has completed the acquisition of Peak Performance from IC Group. The company said, Peak Performance business will be consolidated into Amer Sports as of July 2, 2018 and that the acquisition will have a minor positive impact on Amer Sports' 2018 financial results. "We are delighted to...

Management

IC Group sells Peak Performance for 1.9 billion Danish krone

The board of directors of IC Group has announced that the company has completed the process of selling Peak Performance to Amer Sports Corporation at 1.9 billion Danish krone. Commenting on the completion of deal with Amer Sports, the Chairman of the IC Group board of directors Peter Thorsen said in a media statement: "It has been a long and...

Report

IC Group explores strategic options for Peak Performance

The board of directors of IC Group has decided to initiate a strategic review process of its fully-owned brand Peak Performance to identify whether IC Group – either partial or in full – also serves as the best owner of Peak Performance in the future. The company has appointed investment bank Rothschild & Co to assist in the process. Commenting...

Business

IC Group reports revenue increase of 1.8 percent in Q1 2015/16

IC Group, parent company of Peak Performance, Tiger of Sweden and By Malene Birger, reported improves earnings within its core-business division for its Q1 2015/16. Consolidated revenue amounted to 843 million Danish krone (113 million euros), equal to an increase of 1.8 percent or 3 percent measured in local currency compared to the same period...