Industry News
Industry News Archive for dates of Saturday, October 20, 2018 thru Friday, November 2, 2018
- GoPro’s Sales Improve 1 Percent Sequentially 11/01/2018 sgbonline.com - GoPro Inc. posted a net loss in the third quarter ending Sept. 30 with sales declining 13% year-over-year. But sales were up 1% sequentially. Revenues declined 13.3% to $285.9 million, ahead of...
- OROS Closes $5 Million Seed Round & Launches New Winter 2018 Outerwear Line 11/01/2018 outdoorindustry.org - The technology that insulates modern spacecraft against the most extreme conditions is now at the nucleus of OROS’ revolutionary outerwear. OROS’ new line showcases the Orion Parka, OROS’ Flagship product, and arguably...
- Canada Goose Takes First Step in Footwear Journey with Acquisition of Baffin 11/01/2018 businesswire.com - Canada Goose Holdings Inc. announced that it has acquired Baffin Inc., a Canadian designer and manufacturer of performance outdoor and industrial footwear, for a purchase price of $32.5 million Canadian dollars subject...
- Outdoor Research Expands Sales Team, Announces Tech Platform to Support Wholesale 10/29/2018 insideoutdoor.com - Outdoor Research has hired Andy Burke as head of commercial sales. Burke comes to his new post from Prana, where he worked for more than six years as its national sales manager....
- Columbia Sportswear Notches Strongest Earnings In Company History 10/26/2018 sgbonline.com - Project CONNECT initiative, Columbia Sportswear reported earnings topped Wall Street targets for the seventh straight quarter. Net income rose 14.2 percent to $100.2 million, or $1.42. Non-GAAP income increased 11 percent to...
- Yeti’s IPO Makes Lackluster Debut 10/26/2018 sgbonline.com - Amid volatile stock market conditions, Yeti’s initial public offering were priced at $18, below the company’s projected range of $19 to $21. Yeti also sold 16 million shares in the offering, down...
- Couple Found Dead on Grand Canyon Trail 10/26/2018 outsideonline.com - Two deceased individuals were found by hikers 100 feet below the South Rim of the Grand Canyon. They were identified as Garret Bonkowski and Jessica Bartz, who entered the park on Sept....
- Columbia Sportswear Company Reports Record Third Quarter and Year-to-Date 2018 Financial Results; Raises Full Year 2018 Financial Outlook; Provides Preliminary 2019 Commentary 10/25/2018 businesswire.com - Columbia Sportswear Company reported third quarter net sales increased 6 percent (to a record $795.8 million and operating income increased 5 percent to $129.1 million. Net income increased 14 percent to a...
- AMER Sports Appoints Megan Porteous Digital Marketing Director 10/25/2018 outdoorindustry.org - Amer Sports, a sporting goods company with internationally recognized brands including Arc’teryx, Salomon and Wilson Sporting Goods, announces the promotion of Megan Porteous to the position of Digital Marketing Director, Americas. Prior...
- REI Gives $1 Million to Study Benefits of Nature, Boost #OutsideForAll 10/23/2018 adventure-journal.com - REI is adding a new wrinkle to #OptOutside by partnering with the University of Washington for of a $1 million donation to a new academic initiative called “Nature for Health.” The idea...
- REI Co-Op To Close All Stores Again On Black Friday, Thanksgiving 10/23/2018 sgbonline.com - For the fourth year in a row, on Thanksgiving day and Black Friday, REI Co-op will close all 153 stores, process no online payments and pay more than 12,000 employees to “Opt...
- Columbia Sportswear Company Elects Sabrina Simmons Former EVP and CFO of Gap, Inc., to Its Board of Directors 10/22/2018 businesswire.com - Columbia Sportswear Company, active outdoor apparel, footwear, accessories and equipment, announced that its board of directors has elected Sabrina Simmons to serve as a director and member of the Nominating and Corporate...
