The Finnish company will accelerate category expansion and store openings at Arc’teryx and Salomon in a bid to leverage better-than-expected organic growth.
Author: Charlie Lunan
Sports Authority Executives Get Their Bonus
After considerable litigation, a federal judge approved a modified bonus program that will pay top executives of the bankruptcy retailer up to $1,425,000.
Vista Outdoor Acquires Camp Chef
The Logan, Utah maker of camp stoves, barbegcue prills, pellet grills, smokers and cast iron cookware fetched $60 million in cash plus earnouts for its owners.
Newell Brands Names VP Of Communications
Tom Sanford is the latest high-profile appointment since the April acquisition of Jarden Corp. and its $2.74-billion-a-year sporting goods business.
CODI Completes 5.11 Tactical Acquisition
Compass Diversified Holdings Inc. (NYSE:CODI) closed on its $400 million acquisition of the tactical products company.
GSI Outdoor Signs Korean Distributor
GSI Outdoors has signed an agreement with Nelson Sports Inc to distribute its outdoor cook- and tableware and related accessories in South Korea, effective immediately. Nelson Sports will sell, market and support GSI Outdoors’ products with the goal of increasing demand and sales in the South Korean outdoor market. The announcement was made by Don Scott, […]
Australian Retailer Reports Accelerating Comps
Fiscal 2015 and year-to-date results reported by Super Retail Group show demand for athletic and outdoor gear strengthening down under.
Amer Sports Accelerates Organic Initiatives
The company will cut up to €25 million in expenses by the end of 2017 so it can accelerate organic growth initiatives that are already exceeding expectations.
Kraig BioCraft Begins Work on Third Site
Three weeks after completing construction of a plant in Indiana, the maker of genetically engineered spider silk fibers has identified a third production site.
Keen to Debut Documentary at 90 Colleges
The footwear company expects to reach up to 1 million students through the Outdoor Nation Campus Challenge, which seeks to create future outdoor enthusiasts.
German E-Bike Producers Forecast Rebound
The trade association for Germany’s bicycle manufacturers expects the country will grow its production of e-bikes 5 percent this year despite a slow first half.
Samsonite Sees Strong Dollar Curbing Tourism
The company’s latest earnings report surfaces several headwinds curbing global retail sales, including a strong dollar that has cut into tourism spending.
Red Fox Adds Highliner To Team Roster
The European sportswear brand, which opened a store in Boulder, CO in July, expects Friedi Kühne’s high-line antics encourage more people to enjoy the outdoors.
Gregory Sales Up High-Teens Through First Half
Sales of Gregory-branded packs grew 20.9 percent in the first half ended June 30, or 17.6 percent in currency-neutral terms, Samsonite International S.A. reported. The Hong Kong based luggage and pack giant reported Gregory sales reached $21.8 million during the period, compared with $18.0 million in the first half of 2015. Sales of the more […]
G-III Apparel Falls Short
The apparel maker missed its second quarter earnings target and lowered its full-year guidance due to retailers shifting their buys toward in-season replenishment.
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