GoPro plans to raise $100 million in a secondary offering that will raise about $708 million for its current shareholders, including approximately $315 million for a trust controlled by founder Nicholas Woodman and his wife Jill Woodman, according to esti
Author: Charlie Lunan
Bookings Pace Continues at Western Mountain Resorts in October
Destimetrics said that bookings for the upcoming ski season sustained their pace in October at 19 western mountain resorts despite mild temperatures and little snow through much of the month. Destimetrics also reported that occupancy climbed 6.3 percent
Sporting Goods Store Sales Up Strongly in October
Retail sales of sporting goods in October increased 1.2 percent seasonally adjusted month-to-month, or significantly faster than overall retail sales, according to an analysis of government data by the National Retail Federation…
Notogroup Survey Reviews Hiring Trends
Notogroup Executive Search reports that its annual survey of executives in the U.S. consumer product industry shows its becoming more difficult to fill executive and product positions as the job market heats up…
Pacific Brands in Talks to Sell Sports Brands
Pacific Brands confirmed a report that it is in talks to sell its Brand Collective business, which includes rights to the Dunlop, Slazenger and Everlast sports brands…
Clif Bar’s Decision to Drop B.A.S.E. Jumpers Spurs Debate
Clif Bar reinvigorated an industry debate about how brands should approach sponsoring athletes who participate in high-risk activities when Outside magazine reported it dropped five climbers from its athlete roster because they appeared in a film particip
GearUp to Distribute Figo Bike Rack
GearUp, Inc. has obtained the exclusive marketing and distribution rights to the new Cool Bike Rack bicycle storage system for the US marketplace through an agreement with Peruzzo s.r.l. of Rossano Veneto, Italy…
Patagonia Names Ryan Gellert to Run European Business
Patagonia has named former Black Diamond brand president Ryan Gellert as its new General Manager in Europe, responsible for the company’s growing business across European markets as well as the Middle East…
SIA Industry + Intelligence Agenda Offers Unprecedented Insight
SnowSports Industries America (SIA) released the final seminar schedule for January 28th’s Industry + Intelligence daylong educational event; a brand-new addition to the 2015 SIA Snow Show…
Coolcore Names International Distributors
Coolcore, which makes Dr. Cool Recovery-On-The-Go ice and compression wraps, has added new distributors in Asia, Oceana and Latin America…
GoLite Enters Liquidation
GoLite LLC began liquidating Friday after no bidders emerged to buy the company as a going concern. Hilco Merchant Resources LLC, which served as the company's stalking horse bidder, kicked off going-out-of-business sales at GoLite's six remaini
GoLite Begins Liquidating Through Going-Out-Of-Business Sales
GoLite LLC launched going-out-of-business sales Friday after no investors emerged to buy the company as a going concern in federal bankruptcy court…
Moncler 9M Sales Up 16 Percent
Moncler reported revenues grew 18 percent in currency-neutral (c-n) terms in the nine months ended Sept. 30 on strong overseas sales of its luxury ski wear and fashion apparel…
Goldwin Grows Sales, But Not Profits in Fiscal Second Quarter
Goldwin Inc., which opened a U.S. subsidiary in 2013 to increase sales of its luxury ski apparel and C3fit compression wear, reported net sales of ¥15.6 billion ($151.5 mm) in the six months ended Sept. 30, up 3.7 percent from the same period in 2013…
Helmet Startup Vicis Wins $500,000 Grant from NFL-backed Head Health Challenge
In its bid to push research into concussion mitigation, the NFL has helped sustain a new helmet company that aspires to compete against incumbents Riddell, Schutt, Xenith and Rawlings.On Nov. 13, Vicis Inc. and the University of Washington (UW) were award
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