Industry News
Industry News Archive for dates of Friday, October 21, 2016 thru Thursday, November 3, 2016
- GoPro Sales Tumble; Swings To Q3 Loss 11/03/2016 sgbonline.com - GoPro Inc.’s sales were cut by 39 percent and it swung to a loss in the third quarter. The action-camera company posted third-quarter 2016 sales of $240.6 million versus sales of $400.3...
- Growing Summer Visits Cut Intrawest’s Losses 11/03/2016 sgbonline.com - Intrawest Resorts Holdings Inc., which owns Steamboat, Stratton and four other mountain resorts, cut losses at its mountain segment by nearly $3 million in the quarter ended September 30 thanks to growing...
- Columbia Sportswear Moves Sorel HQ to Portland 11/02/2016 insideoutdoor.com - Columbia Sportswear announced that it will relocate its Sorel footwear brand headquarters and 45 employees to downtown Portland, Ore. Sorel will relocate from Columbia Sportswear’s global headquarters located outside in the city...
- Marquee Brands Acquires Body Glove 11/02/2016 licensemag.com - Marquee Brands has acquired the surf, skateboard and watersports brand Body Glove and its related intellectual property assets from Body Glove International. Under the terms of the acquisition, the Meistrell family, founders...
- Nominations for the 2017 Outdoor Inspiration Awards, Presented by adidas Outdoor, are Now Open 11/01/2016 outdoorretailer.com - Nominations are now open for the seventh annual Outdoor Inspiration Awards, presented by adidas Outdoor, set for January 11, 2017, at 6:00 p.m. during Outdoor Retailer Winter Market. This event celebrates the...
- Columbia To Relocate Sorel HQ To Downtown Portland 11/01/2016 sgbonline.com - Columbia Sportswear Co. will relocate its Sorel footwear brand headquarters and 45 employees to downtown Portland, OR, in May 2017, perhaps a small step forward in the city’s attempt to bring back...
- Black Diamond Aims To Diversify With Acquisitions 11/01/2016 sgbonline.com - Even as Black Diamond Inc.’s stock emerges as a way for investors to profit from the proliferation of climbing gyms, the company has scratched other outdoor equipment brands from its acquisition shopping...
- Popular Mountain Bike Shock Recalled 11/01/2016 gearjunkie.com - Parts manufacturer Fox recalled roughly 7,000 shock absorbers used on mountain bikes. The company cites injury risk, as the outer sleeve can rupture as you ride. The voluntary recall covers all model...
- Black Diamond Trims Q3 Losses On Reduced Costs 10/31/2016 sgbonline.com - Black Diamond Inc. significantly trimmed its third-quarter 2016 losses, but that was largely due to reduced expenses, as gross margins from its climbing, winter sports and outdoor gear also dipped. Sales in...
- Performance Sports Seeks Bankruptcy Sale By February 10/31/2016 sgbonline.com - Performance Sports Group Ltd., (PSG) the parent of Bauer, on October 31 filed for bankruptcy protection in the U.S. and Canada with a goal of completing a sale by February. The company,...
- Newell Brands Core Sporting Goods Sales Drop In Q3 10/31/2016 sgbonline.com - Newell Brands Inc. reported that sales at its Outdoor Solutions segment increased 12.1 percent on a pro-forma basis in the third quarter, but that nearly all the gains came from the acquisition...
- Outdoor Gear Companies: It’s Time to Open-Source Your Technology 10/31/2016 outsideonline.com - Patagonia finally released the Yulex wetsuits this fall - new rubber needed to have the same stretch and strength as a petroleum-based product, that holds up to sun and salt, and is...
- Patagonia to close stores on Election Day 10/28/2016 bicycleretailer.com - Patagonia will close its stores and its headquarters and other facilities on Election Day, Nov. 8, to encourage employees and customers to vote. The closure is part of the company's Vote Our...
- Is It Time to Franchise Our National Parks? 10/27/2016 outsideonline.com - With the National Park Service facing a decades-long maintenance backlog that has swelled to $12 billion, budget shortfalls, crowding complaints, and accusations of widespread sexual harassment, it might be time for an...
- Columbia Sportswear Misses Q3 Revenue Targets, Lowers Outlook 10/27/2016 footwearnews.com - Columbia Sportswear Co. announced third-quarter sales results after the market close that missed market watchers’ forecasts, but its profits were in line with expectations. The Portland, Ore.-based owner and maker of several...
- 60 Designers Chose Their Favorite National Parks and Made These Awesome Posters 10/27/2016 gearpatrol.com - The US National Park Service celebrated its 100th birthday this year. In honor of the centenary, 60 eminent designers and typographers joined together to create the Type Hike project, a collection of...
- Cabela’s earnings slip in Q3 10/26/2016 chainstoreage.com - Despite sales gains, Cabela’s experienced profit losses for the third quarter. For the quarter ended Oct. 1, 2016, the outdoor retailer’s total revenue increased 7.6% to $996.5 million; revenue from retail store...
- Ranking the World’s Toughest Outdoor Sports 10/25/2016 outsideonline.com - How can one quantify which sport is actually the toughest? Outsideonline.com crunched the numbers and consulted the pros to answer the perennial barstool debate.
- REI To #OptOutside Again On Black Friday 10/24/2016 gearjunkie.com - Historically, Black Friday is a huge day of promotions, sales, and general consumeristic chaos. But REI chose a different path, and this year again it will close its doors on the day...
- How Often Do Surfers Get Sick from the Water? Study Says… 10/24/2016 adventure-journal.com - A recent study by a coalition led by UC Berkeley attempts for the first time just how likely you are to end up with something nasty in the stomach if you paddle...
- It’s Time for Doctors to Prescribe Outdoor Therapy 10/24/2016 outsideonline.com - Studies have shown that being outside has positive psychological and physiological benefits. Can the nature cure compete with Xanax?
- Why The North Face And Timberland Are Trimming Inventories 10/24/2016 sgbonline.com - Despite last year’s warm U.S. winter looming large as VF Corp. trimmed its full-year 2016 forecast and reduced inventory at two of its biggest brands — The North Face and Timberland —...
