Industry News
Industry News Archive for dates of Friday, January 27, 2017 thru Thursday, February 9, 2017
- Vista Outdoor Reports Steep Q3 Loss 02/09/2017 sgbonline.com - Vista Outdoor Inc. reported a net loss of $377.7 million, or $6.44 a share, in its third quarter ended January 1, dragged down by a goodwill charge of $449.2 million. On January...
- Columbia Sportswear’s Profit Climbs 34 Percent In Q4 02/09/2017 sgbonline.com - Columbia Sportswear Company announced record fourth-quarter net sales of $717.4 million for the quarter ended December 31, 2016, a 3 percent increase (2 percent constant-currency) compared with net sales of $699.4 million...
- Arc’teryx Withdraws from Outdoor Retailer Trade Show Over Utah Lands Issue 02/09/2017 adventure-journal.com - Arc’teryx announced that it will join Patagonia in pulling out of the biannual Outdoor Retailer trade show, held in Salt Lake City. Instead the company will donate an additional $150,000 over the...
- GoPro Hero 6 release date confirmed for this year 02/08/2017 bikeradar.com - GoPro has decided to ditch the two-year product cycle for its Hero action cameras and confirmed plans to release the GoPro Hero 6 sometime in 2017.
- Canada Goose Reportedly to File IPO 02/08/2017 insideoutdoor.com - Canada Goose Inc. has filed plans confidentially with U.S. regulators for a dual-listing in New York and Toronto. The retailer and vendor is aiming to go public in the first quarter, with...
- In Protest, Patagonia Withdraws From ‘Outdoor Retailer’ Trade Show 02/07/2017 gearjunkie.com - This year, Patagonia is pulling out of OR. In a statement today, the company said it would withdraw from the Outdoor Retailer show in response to a move made last week by...
- Outdoor Retailer Show Scouts New Venues Amid Industry Unrest 02/07/2017 footwearnews.com - Utah has been the home to Outdoor Retailer for more than 20 years. But the biannual industry expo held in Salt Lake City could soon have a new home. Outdoor Retailer —...
- Smith Signs Olympic Medalist Gus Kenworthy To Ski Team 02/06/2017 sgbonline.com - Expanding its diverse lineup of athletes and ambassadors across several sport categories, Smith added freeskier Gus Kenworthy to its global ski team. The American freestyle skier has dominated the halfpipe, superpipe and...
- Wolverine Appoints Todd Spaletto To Head Outdoor And Lifestyle Group 02/06/2017 sgbonline.com - Wolverine World Wide Inc. appointed Todd Spaletto to the position of president of the Wolverine Outdoor and Lifestyle Group and Jim Zwiers to the position of executive vice president. Both roles will...
- Fishing, Marmot And Rawlings Drive Newell’s Outdoor Q4 Gains 02/06/2017 sgbonline.com - The Outdoor Solutions segment of Newell Brands Inc. saw sales rebound in the fourth quarter. Net sales in Outdoor Solutions expanded 3.8 percent in the fourth quarter at its Outdoor Solutions segment,...
- HeiQ, Patagonia Enter Research Partnership 02/06/2017 insideoutdoor.com - Swiss textile company HeiQ and sustainable outdoor clothing brand Patagonia have teamed up to explore novel ways for a sustainable textile finishing technology to achieve breathable and durable water repellence (DWR) with...
- New Virtual Reality Experience Will Recreate First Ascent of Everest 02/06/2017 theadventureblog.blogspot.com - Do you ever wonder what it was like to climb those final few steps up to the summit of Mt. Everest? Then you may soon get the chance to witness that historical...
- Eastern Outfitters, Company Behind Eastern Mountain Sports and Bob’s Stores, Files for Chapter 11 Bankruptcy 02/06/2017 wsj.com - Eastern Outfitters, the company behind the Eastern Mountain Sports and Bob’s Stores chains, has filed for chapter 11 protection, looking for a buyer willing to rescue the business from the growing trouble...
- Cooler Wars: YETI Reaches Settlement With Rival RTIC 02/03/2017 gearjunkie.com - The RTIC and YETI product lines look nearly identical. But the US District Court shows RTIC was too aggressive in its lucrative tactic of producing lookalike products. The wave for RTIC has...
- New York Plans Longest Multi-Use State Trail In America 02/03/2017 gearjunkie.com - New York will soon have a 750-mile interconnected system of trails crossing the state North to South and East to West. Officially named the Empire State Trail, the $200 million project will...
- Johnson Outdoors Sees 10 Percent Q1 Gain 02/03/2017 sgbonline.com - Johnson Outdoors Inc. reported sales rose 10 percent during the company’s seasonally slow first fiscal quarter ended December 30, to $93.7 million, compared to net sales of $85.3 million in the prior-year...
- Action Works: Bill To Sell 3 Million Acres Of Public Land Dropped 02/02/2017 gearjunkie.com - Rep. Jason Chaffetz will withdraw HR 621, which put 3.3 million acres of land in 10 western states identified for disposal under the Clinton administration up for sale. The death of HR...
- GoPro misses Q4 revenue target, posts $115M loss 02/02/2017 bicycleretailer.com - GoPro Inc. on Thursday reported a widened fourth-quarter net loss of $115.7 million — its fifth consecutive quarter in the red — and a full-year loss of $419 million, capping a tumultuous...
- Are EMS And Bob’s Stores Back On The Selling Block? 02/02/2017 sgbonline.com - Seven months after emerging from bankruptcy proceedings, Bob’s Stores and Eastern Mountain Sports reportedly may have already found another buyer, Sports Direct International. Sports Direct International Plc, the U.K.’s largest sporting goods...
- The North Face Adds Three Snowboarders to Snow Team 02/01/2017 snowboarding.transworld.net - The North Face, the global leader in outdoor apparel, equipment and footwear, is announcing the addition of Austin Smith, Jossi Wells, Cole Navin, and Jake Blauvelt to the Snow Team.
- Mountaineering’s Drug Problem 02/01/2017 gearpatrol.com - With the life-threatening conditions climbers are faced with, how do many of them survive? Apparently a number of them need help from drugs – something climbers do not deny doing. But is...
- GoPro Gives Its Recalled Karma Drone Another Try 02/01/2017 outsideonline.com - Last fall, GoPro’s Karma came out with a lot of potential, but things quickly went south when a handful of reports came in saying that the drones could spontaneously fall out of...
- The 40 Most Iconic Places on the Planet 02/01/2017 outsideonline.com - As part of Outside’s 40th anniversary, they have decided to roll out a series of lists exploring the best of their coverage. First up: the significant, beautiful, and terrifying destinations that loom...
- Bankruptcy filing leaves Mavericks surfing event in doubt 02/01/2017 sfgate.com - Organizers of the Bay Area’s big-wave surf competition Titans of Mavericks filed Chapter 11 bankruptcy this week amid a selling of their assets and a slew of lawsuits, but said the extreme...
- Standard Merchandising Names New Fox River President 01/31/2017 sgbonline.com - Standard Merchandising Co. named John McNally as president of Fox River Mills Inc. and chief manufacturing officer of Standard Merchandising Co.
- Vista Outdoor Controller and Treasurer Thomas G. Sexton Announces Retirement 01/31/2017 prnewswire.com - Vista Outdoor Inc.'s Vice President, Controller and Treasurer, Thomas G. Sexton, has announced his retirement, effective April 7, 2017. Sexton has worked for Vista Outdoor and its predecessor companies since 1986.
- Patagonia Will Fix Your Old Stuff, Sell It, And Pay You 01/31/2017 gearjunkie.com - Patagonia backs all of its items with a lifetime guarantee. If it breaks, Patagonia will fix it or show you how to fix it. If you don’t want it, Patagonia will recycle...
- With Hipcamp, Book Your Campsite Like an Airbnb 01/31/2017 gearpatrol.com - Hipcamp looks nothing like the basic directory of a few hundred California campsites that it once was. Today, over 280,000 U.S. campsites are cataloged in Hipcamp’s clean and user-friendly online database, most...
- GEAR AID® Appoints Industry Veteran Clark Campbell as President 01/31/2017 outdoorindustry.org - GEAR AID®, an award-winning manufacturer long synonymous with outdoor adventure, today introduced new company president Clark Campbell. Campbell comes to GEAR AID after nearly twenty years in senior leadership roles with...
- True Communications hires Meredith Obendorfer as SVP 01/30/2017 bicycleretailer.com - True Communications, a PR and marketing firm with many bike and outdoor industry clients, has hired Meredith Obendorfer as a senior vice president. Obendorfer will report to True's founder and president, Mark...
- REI Adventures Launches Women’s Adventures Collection 01/30/2017 sgbonline.com - REI Adventures is launching a collection of 19 Women’s Adventures in Africa, Europe, Latin America, New Zealand and North America. Also, REI Adventures is expanding its cycling offerings into fully supported mountain...
- Nepal Fines Guiding Company for False Everest Summit Claims 01/30/2017 theadventureblog.blogspot.com - Dinesh and Tarkeshwari Rathod, who said they had reached the top of Mt. Everest, but were found to have faked their summit photos, were led to Everest BC by a company called...
- Patagonia Joins ‘Rogue’ Twitter Movement, Spreading Science 01/28/2017 gearjunkie.com - Alternative Twitter accounts are popping up by ‘silenced’ government agencies in the wake of President Donald Trump's orders to curtail information about vital environmental and scientific work. Apparel giant Patagonia jumped into...
