News

Currency woes have cost Mammut millions

09/12/2015

The chief executive of outdoor brand Mammut has revealed that a decision at the start of this year on currency exchange mechanisms in Switzerland has cost the company millions. Rolf Schmid, who will celebrate 20 years as Mammut chief executive in 2016, has told the organisers of the ISPO exhibition that currency rates are the main reason why the...

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