ABG Buys Spyder Ski Brand

As a part of the acquisition, ABG has also established LF USA as the brand’s exclusive licensee in North, South and Central America, Europe, the Middle East and Africa for all current in-market and footwear products. LF Asia will also act as lead agent to identify best-in-class partnerships for the brand in all product categories in the Asia Pacific market.

"We are thrilled to announce the addition of Spyder to our growing portfolio of brands," says Jamie Salter, chief executive officer, ABG. "Spyder is widely known and highly respected throughout the outdoor community as one of the most technical and fashionable brands in the winter sports market. We look forward to working closely with LF USA and Spyder management to maintain and grow Spyder's presence both on and off the mountain."

"This is a truly global brand. It has extremely strong brand equity

Spyder, which started as a small mail-order business in 1978, has become one of the largest ski specialty brands in the world and has outfitted the U.S. Ski team since 1989 and the Canadian Alpine Ski team since 2002.

"This will elevate and streamline our current business while opening the door to expand the brand's reach into new markets. Our team's creativity and vision knows no bounds. Technical superiority, great design and excellent finishing are not limited to the mountain, and we are excited to show what is now possible with ABG and LF USA in our corner," says Tom McGann, chief executive officer, Spyder Active Sports.