Tecnica Hit by Tariffs and Rising Costs
The outdoor footwear and winter sports equipment maker’s revenue grew 5% to €541.3 million ($608.2 mm) last year, but profits were down due to cost pressures from factory wages and U.S. tariffs. The Alpine segment, which includes Nordica, Blizzard, and Tecnica, was the main growth driver, accounting for roughly three-quarters of the total increase, while Moonboot ... Log in to view full article.
