This week, we got a glimpse of Vestis Retail Group LLC’s books for May 2016, as the owner of Bob’s Stores, Eastern Mountain Sports and Sport Chalet reported back to the court as part of its reorganization, after filing for Chapter 11 bankruptcy protection in April.
Author: Charlie Lunan
US Apparel Coalition Suspends Bangladesh Factories
The Alliance for Bangladesh Worker Safety, which represents Canadian Tire Corp., L.L.Bean, VF Corp. and 25 other apparel brands, officially suspended three additional factories for failure to show evidence of remediation progress.
The North Face Names Explore Fund Winners
The North Face identified 45 non-profits that will be awarded grants through its Explore Fund, which this year favored programs activated in national parks.
Modern Meadow Raises $40MM Series B Round
Modern Meadow, the biofabrication company that grows animal-free leather made from living cells, announced a $40 million Series B round of financing led by Horizons Ventures and Iconiq Capital…
EMS Sales Approach $11 Million in May
Eastern Mountain Sports lost $1.70 million before taxes on $10.7 million in sales in May, according to financial statements filed in the federal court overseeing the bankruptcy proceedings of its parent company Vestis Retail Group LLC.
‘The Boz’ Makes the Cut at Vibram FiveFingers
Vibram USA launched an ambassador program for its Vibram FiveFingers articulated shoe brand by naming 17 personalities, including former NFL Pro Brian Bosworth, as brand ambassadors.
Pedego Electric Bike Gains Fifth Colorado Store
Pedego Electric Bikes dealers Terry and Jean Gehrke on Tuesday celebrated the grand opening of their second, and the brand’s fifth, store in Colorado.
Kokatat to Outfit Paddle the Arctic Expedition
Kokatat has joined a host of outdoor brands sponsoring an expedition this summer designed to challenge American kids’ increasingly sedentary lifestyle. In the Paddle to the Arctic expedition, two young families will embark July 1 on an attempt to paddle the length of the Mackenzie river, Canada’s largest and longest river. On average, children spend […]
Mountain Khakis Catches Some Slack
Mountain Khakis named Jennifer Slack senior product developer in another sign of its growing commitment to expand its men and women’s apparel.
Vasque Names Pinnacle Sales Agency of the Year
Vasque trail footwear honored New England-based Pinnacle Outdoor Group as its 2016 Sales Agency of the Year.
Whitewater, Surf Parks Face Scrutiny In Wake Of Fatal Amoeba Infection
The future of man-made whitewater and surf parks became murkier last week when health officials concluded the turbidity of water at the U.S. National Whitewater Center in Charlotte, NC inhibited the ability of its treatment system to kill pathogens. The 1,100-acre, non-profit, outdoor adventure park’s man-made whitewater rafting and paddling course remained closed for a […]
Toyota Backs Yakima’s Road Warrior Program
Yakima Products Inc. has partnered with Toyota to present its Road Warrior Program, which provides dealer training during more than 75 cycling, outdoor and automotive consumer events across North America.
OIA Opens Registration for Specialty Retail Program
Registration is open for RISE: Retail Inspired Specialty Excellence, a retailer education program being co-hosted by Outdoor Industry Association, Grassroots Outdoor Alliance and Outdoor Retailer.
Intova CEO Defends Race to Alaska Title
Intova CEO Graeme Esarey is defending his title as 2015 winner of the Race to Alaska (R2AK) beginning today, when 65 teams began competing in what’s billed as the longest human and wind-powered boat race in North America.
Bicycle Suppliers Endorse New Mechanics Association
The Bicycle Product Suppliers Association endorsed the Professional Bicycle Mechanics Association, which has been formed to represent professional bicycle mechanics.
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