Outdoor Industry Association urged support for the Recreation’s Economic Contributions Act, which would ensure outdoor recreation jobs are counted by the federal government and measured as part of the overall GDP…
Author: Charlie Lunan
Columbia Sportswear Reports Record Third Quarter Results
Columbia Sportswear Company reported record net sales of $767.6 million for the quarter ended Sept. 30, an increase of 14 percent, or 18 percent constant-currency terms compared with a year earlier. Sales grew in the double-digit percentage range at Colum
LCI Brands Promotes Panattoni
LCI Brands, which offers cordage, webbing, stuff sacks and other outdoor accessories under its Lewis N. Clark brand, has promoted Jen Panattoni to Director of Business Development…
Shimano Raises Guidance on Third Quarter Results
Shimano Inc., which also owns Pearl Izumi, raised its earnings guidance significantly for 2015 Tuesday after reporting net sales increased 19.0 percent for the first nine months of fiscal year 2015…
Shimano Doubles Q3 Profits on ‘Entrenched’ Weak Yen
Shimano Inc. raised its earnings guidance significantly for 2015 saying the weak yen that accounted for the overwhelming bulk of its profit gains in the third quarter has become entrenched…
GoPro’s Disappoints with 43 Percent Q3 Growth
GoPro Inc. reported its sales rose 43.0 percent to $400.3 million in the third quarter ended Sept. 30, or about 8 percent shy of analysts’ consensus estimates…
Utah Outdoor Coalition Delivers 30,000 Petition Signatures to EPA
A coalition led in part by Black Diamond Founder and CEO Peter Metcalf delivered a petition with more than 30,000 signatures to the Environmental Protection Agency urging the agency to rein in emissions from Utah's coal fired plants…
RECALL: 34,000 Burley Design Child Bicycle Trailers
Burley Design LLC of Eugene, OR recalled about 34,000 of its child bicycle trailers because they can separate from the tow bar when they appear to be connected, posing a crash hazard to the child in the trailer…
Garmin Ltd. Fitness Dilemma Overshadows Q3 Results
Garmin Ltd. reported a significant drop in margins in the third quarter ended Sept. 26 as the cost of keeping up with the Apple, Fitbit and other competitors cut deeply into profits at its fastest growing segment…
Luxottica Grows Q3 Retail Sales Despite Slower Traffic
Luxottica Group S.p.A was able to grow its same-store sales in North America by 3.9 percent in currency-neutral terms in the third quarter despite declining traffic…
Bates Accessories Acquires Custom Brand Footwear
Bates Accessories Inc., a manufacturer of belts, bags, wallets and sandals since 1989, has purchased Custom Brand Footwear of Delevan, WI…
Giant USA GM Elysa Walk to Join Burton
Giant USA General Manager Elysa Walk will resign Nov. 6 to take a new position with Burton Snowboards in Vermont…
Ibex Taps Kaplan As New VP of Sales
Ibex Outdoor Clothing has hired Matt Kaplan as vice president of sales, effective Nov. 4, 2015…
Victorinox Wins $9.8M Verdict in Trademark Suit
Victorinox Swiss Army Inc. has been awarded approximately $9.8 Million and injunctive relief in its suit against Dallas-based The B & F System, Inc., and a trademark infringement case it filed against…
Made in America Award Applications Due Oct. 30
Outdoor companies committed to domestic manufacturing have until Friday Oct. 30, to submit their “made in America” story for the 2016 American Made Outdoor Gear Award, which will be announced at Outdoor Retailer in January…
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