Industry News
Industry News Archive for dates of Thursday, April 20, 2017 thru Wednesday, May 3, 2017
- Utah Throws Hat (Back) In OR Show Ring 05/03/2017 gearjunkie.com - In February, Outdoor Retailer (OR), the industry’s preeminent North American trade show, announced it would end its 20-year relationship with host-state Utah after 2017. It was a response to public turmoil over...
- Country’s largest climbing gym coming to former Sports Authority headquarters in Englewood 05/02/2017 denverpost.com - Chris Warner, one of the world’s most accomplished alpinists, has a plan for the country’s growing number of abandoned big box stores: climbing gyms. And he’s starting with the headquarters of what...
- Camping World, Inc. Wins Gander Mtn. At Bankruptcy Auction 05/02/2017 gearjunkie.com - The nation’s largest RV service center and dealer now owns one of America’s biggest outdoor retail networks.
- Outdoor Retailer Parent Completes IPO 05/01/2017 sgbonline.com - Emerald Expositions Events Inc., the parent of Outdoor Retailer, Surf Expo and Interbike, announced the pricing of its initial public offering of 15.5 million shares at a price to the public...
- Black Diamond’s Director Steps Down 05/01/2017 sgbonline.com - Black Diamond Inc. announced that Robert Schiller has resigned as executive vice chairman and director in order to pursue other interests.
- Ueli Steck Dies in Fall Near Everest 04/30/2017 outsideonline.com - Ueli Steck, the Swiss climber known for his speed attempts and several notable first ascents, died on Sunday, April 30 while climbing in Nepal. The famed climber fell while preparing for a...
- Columbia Sportswear Trims Sales Guidance On Retail’s Closures 04/28/2017 sgbonline.com - Columbia Sportswear reported first-quarter earnings and sales that topped Wall Street’s targets, but the company still slightly scaled back its sales guidance for 2017 due to a number of store closings, in...
- VF Corp.’s Q1 Income Drops, but Outdoor & Action Sports Revenue Climbs 04/28/2017 footwearnews.com - VF Corp. reported earnings for the first quarter of 2017, which ended April 1. The firm's Q1 net income decreased 20 percent year over year, to $209.2 million, or 50 cents per...
- Amer Sports Q1 Net Slides On Weakness In Outdoor And Ball Sports 04/27/2017 sgbonline.com - Amer Sports reported earnings before interest and taxes slumped 17.0 percent in the first quarter to €38.2 million from €46.0 million. The decline reflects income declines in its Outdoor and Ball Sports...
- YETI Sues Home Depot, Takeya For ‘Confusingly Similar’ Mugs 04/27/2017 gearjunkie.com - The cooler and tumbler behemoth YETI is in court again, this time suing Home Depot and drinkware-manufacturer Takeya USA for trademark infringement.
- Patagonia May Sue White House Over Nat’l Monument Review 04/27/2017 gearjunkie.com - Immediately after President Trump signed an executive order directing the Secretary of the Interior to review all national monument designations over the last 21 years, Patagonia publicly condemned the action. The company...
- GoPro’s financials improve thanks to Karma drone, cost reductions 04/27/2017 techcrunch.com - GoPro posted earnings in line with analyst expectations and better-than-expected sales today, reporting a non-GAAP loss of 44 cents per share on revenues of $218.6 million. That is an improvement from a...
- Columbia Sportswear tops Street 1Q forecasts 04/27/2017 finance.yahoo.com - Columbia Sportswear Co. reported first-quarter net income of $36 million. On a per-share basis, the company said it had profit of 51 cents. The posted revenue of $543.8 million in the period...
- Thule’s Revenues Expand Double Digits In Q1 04/26/2017 sgbonline.com - Thule Inc. reported that sales in the first quarter amounted to SEK1.6 billion, representing an increase of 15.9 percent. Adjusted for exchange rate fluctuations, net sales for the Group rose 12.3 percent....
- Trump orders review of national monuments to allow development 04/26/2017 reuters.com - U.S. President Donald Trump has signed an executive order to allow national monument designations to be rescinded or reduce the size of sites as the administration pushes to open up more federal...
- GoPro Adds Board Member 04/26/2017 sgbonline.com - GoPro announced that Susan Lyne, founder and president of AOL-backed investment fund BBG Ventures, has been appointed to GoPro’s board of directors.
- Digging Deeper into REI’s Major Women’s Initiative 04/26/2017 adventure-journal.com - REI’s new women’s initiative, launched on Equal Pay Day in early April, steps outside superficial social positioning and actually getting something done.
- Vasque Announces 2017 Thru-Hike Syndicate Roster 04/26/2017 sgbonline.com - sgbonline.com - Vasque footwear announced its roster of ambassadors for the Thru-Hike Syndicate’s 2017 season. The 11 ambassadors have the opportunity to utilize the latest and best gear from each sponsor company...
- Nike “reinforced denim” patent could signal athleisure move 04/25/2017 just-style.com - Sporting giant Nike could be able to enter the athleisure market after filing a patent for "architecturally reinforced denim." The patent is aimed at athletes who practice extreme sports like FMX, BMX,...
- Outdoor Industry Gets A Little More Congressional Backing 04/24/2017 adventure-journal.com - House joins the Senate in the Outdoor Recreation Caucus. Will this mean more love for the culture?
- SCOTT Sr. Product Manager Killed in Ski Accident 04/24/2017 insideoutdoor.com - The SCOTT Sports family is in shock after receiving the tragic news that Hervé Maneint, Ski & Ski boot Senior Product Manager, has died in a skiing accident in Chamonix, France ...
- These 6 Activists Are Risking It All in the Name of Environmental Justice 04/24/2017 outsideonline.com - The Goldman Environmental Prize is presented annually to activists around the globe who have spent years engaged in community-based endeavors to protect vulnerable places and people. It’s one of the most prestigious...
- GoPro Announces New 5.2K Spherical Camera, Fusion 04/20/2017 snowboarding.transworld.net - GoPro just unveiled a new camera that could make some serious waves in the way POV and VR footage is captured. The Fusion is GoPro’s first attempt at entering the spherical camera...
- Cascade Designs Appoints European Sales And Marketing Manager 04/20/2017 sgbonline.com - Cascade Designs, the U.S. and European-based parent company of Thermarest, MSR, Platypus, SealLine and PackTowl, appointed John Twomey as distributor sales and European marketing manager for Europe. Twomey brings nearly a decade...
