Shimano Reports Q2 Sales Grew in Mid-Teens

Shimano Corp. reported sales rose 15.5 percent to ¥80.6 billion ($789 mm) in the second quarter ended June 30 as an improving economies in the U.S. and Europe overcame weaker-than expected sales in Japan…

OIA Appoints Backwoods CEO to Second Term as Chair

Outdoor Industry Association (OIA) named Jennifer Mull, CEO of Backwoods, Inc., as its chair for a second term in a row and named Toad&CO CEO Gordon Seabury 1st1st vice chair and Mountain Equipment Co-op CEO David Labistouras 2nd vice chair. Rounding out

Lenzing Says Jumbo Tencel Plant Up and Running

The Lenzing Group has successfully initiated production at its new Tencel jumbo production facility, the largest in the world, at a site in its native Austria. The plant is in the midst of ramping up production of the wood-based fiber, which has gained po

Stio Closes $5.9 Million Round of Funding

Stio, the Jackson, WY-based mountain apparel brand, has closed a $5.9 million round of funding to support its growth trajectory and future plans for expansion. Sandbridge Capital, LLC led the funding round, while original Stio investor KarpReilly Investm