Snow sports industry breaks another record in January

Press Release:

MCLEAN, Va. (March 8, 2011) - The snow sports market broke another sales record this January with more than $500 million in sales on the heels of more than $1 billion in sales in December.

The market hit $2.6 billion for the season at the end of January; 16% higher in dollars sold and 10% more units sold compared to the same time last season. Excellent snow conditions persisted through January and consumer confidence continued its upward trend, virtually assuring record sales for the 2010/2011 season.

Equipment is selling very well this season and prices stayed strong through January, resulting in a 20% increase in dollars sold and 9% more units sold. Alpine equipment sales are up 25% in dollars and 14% in units sold season-to-date.

Sales of alpine skis, with waists wider than 80mm, are up more than 50% overall. Ski systems (skis and bindings sold as one unit) are up 31% in the 70mm-79mm waist category to more than 131,000 units sold; 54% of those were women’s specific ski systems.

Snowboard equipment sales are up 12% in dollars sold as riders convert to rocker boards. More than half of the 428,000 boards sold through January this season are reverse camber/rocker snowboards. Boards in the “All Mountain” category brought in 32% more dollars compared to the same period last season.

Cross country equipment sales increased 15% in dollars and Alpine Touring/Randonee gear commonly used in the backcountry has increased an astounding 102% season to date.

Apparel sales also are strong this season as La Niña conditions that brought prolific snow kept skiers and riders (and all who want to look like they spend time on the slopes) chilled. All apparel sales are up 12% compared to last season in dollars sold. Accessories sales increased more than 16% led by very strong surges in goggles, helmets, backcountry accessories, and gloves.

Overall, the snow sports market is enjoying excellent sales this season and is on track to set a new sales record.

See page 2 for 2010/11 Season Trends