The snow and ski divisions of Swiss company Zimtstern AG will be scaling back and eventually closing down in due course with the physical stores located in Lenzerheide, Flims-Dorf, Zurich-Altstetten and Suhr set to remain open until spring 2018. Zimtstern’s bike wear division could potentially continue with discussions still in place.
Press Release: The Swiss company Zimtstern AG is to progressively scale back its business operations in the course of this year and will be closing them down in good order. At the same time, various options as to whether and how the Bike Wear division can successfully be continued are currently being assessed. The coming season’s bike wear will be delivered as planned in the spring of 2018 and will be available from Zimtstern dealers.
Zimtstern can look back on an illustrious and exciting history that began over twenty years ago with snowboard apparel made in Switzerland. Year in and year out since 1995, it has presented unique collections produced for its customers and supporters with a great deal of passion.
In recent years, however, it has had to realise that the challenging market situation means that its business can no longer be pro table over the long term. Despite many efforts at cutting costs in recent years, making a pro t has become increasingly dif cult, even in the core business of ski and snowboard wear. The generally declining importance of winter sports on the domestic market, and of snowboarding in particular, the strength of the Swiss franc and changed consumer behaviour have prompted the strategic decision to abandon the development and marketing of new collections.
The eleven members of staff and the specialist dealers were informed of the decision in the late autumn of 2017. The Zimtstern stores in Lenzerheide, Flims-Dorf, Zurich-Altstetten and Suhr will remain open until spring of 2018. Their precise opening times may be found on the website at www.zimtstern.com.
The Swiss Zimtstern brand was set up by two passionate snowboarders in 1995. What started as a small DIY garage label more than 20 years ago soon developed into a stylistically infuential brand that expanded continuously beyond the borders of Switzerland. These days, Zimtstern develops and sells functional, innovative snowboard, ski and bike apparel as well as sporty streetwear and accessories. Zimtstern thrives on the innovative spirit and creativity of its young team and its proximity to the mountains. The abundance of resorts in the Swiss Alps provide the ideal environment to test and optimize Zimtstern’s outstanding products throughout the year. The unique character of this business is also re ected in the high-quality manufacturing of Zimtstern’s designs and careful choice of environmentally-sustainable materials.
Press contact: Zimtstern AG Rafael Knupp Spittelweg 1 CH-5034 Suhr/AG Switzerland
T +41 (0)43 311 32 64 [email protected]