Author: Charlie Lunan

Icebreaker Joins Conservation Alliance

February 22, 2011 SGB Update

Icebreaker joined The Conservation Alliance, which has contributed almost $9 million to conservation projects throughout North America…

Lenzing Group Attributes Record 2010 Results to Surging Cotton Prices

February 22, 2011 SGB Update

The Lenzing Group said the global cotton shortage drove historic revenue and profit gains in its manmade cellulose fiber business last year as apparel makers sought to replace cotton with less expensive fabrics. The Austrian-based manufacturing conglomera

Gov. Hunt Attends Gregory Mountain Ribbon Cutting

February 21, 2011 SGB Update

Utah Governor Gary R. Herbert, who has not been particularly sympathetic to the interests of the outdoor recreation industry, attended the ribbon cutting ceremony Friday for Gregory Mountain Products new headquarters on the Black Diamond campus in Hollada

Compass Diversified’s CEO Take Leave to Deal with Investigation

February 18, 2011 SGB Update

Compass Diversified Holdings, which owns Fox Racing Shox and several industrial companies, said its CEO Joe Massoud has requested, and the Board has approved, a leave of absence to focus his attention on an informal regulatory inquiry that Mr. Massoud has

Suspect Charged in Outdoor Retailer Thefts

February 18, 2011 SGB Update

A man from Utah has been charged with stealing thousands of dollars of climbing and other gear from exhibitors at last month's Outdoor Retailer Winter Market, according to a report in the Salt Lake City Tribune…

RECALL: 7,000 Perfect Pull Up Handles

February 18, 2011 SGB Update

Perfect Fitness of Mill Valley, CA has begun a voluntary recall of about 7,000 Perfect Pullups because the plastic handle on the product can crack and poses a fall hazard, the U.S. Consumer Product Safety Commission said…

Patagonia Adds VPs of Global Product and Sales

February 18, 2011 SGB Update

Patagonia, Inc. hired Lee Turlington as vice president of global product and Paul Zadoff as vice president of global sales. Zadoff formally joined the company on Jan. 3, while Turlington began Feb. 1.

Bill Would Allow Ski Areas to Offer More Summer Recreation

February 18, 2011 SGB Update

A team of bipartisan U.S. Senators and Representatives has reintroduced the Ski Area Recreation Opportunity Enhancement Act of 2011 to change permitting rules for ski areas on Forest Service land to allow for summertime recreation and increased tourism-an

Jarden Has Recouped Rossignol Investment

February 18, 2011 SGB Update

Jarden Corp. has recouped its original minority investment in Rossignol, the French ski brand spun off at a loss by Quiksilver in 2008, Jarden Chairman and CEO Martin Franklin told analysts this week..

Outdoor Industry Praises Obama’s America’s Great Outdoor Report

February 17, 2011 SGB Executive SGB Update

Joined by six outdoor industry leaders and introduced by Sally Jewell—president and CEO of REI, President Obama unveiled a report on America’s Great Outdoors (AGO) focused on connecting Americans to the great outdoors. The report calls for establish

American Whitewater Applauds Obama’s America’s Great Outdoors Report

February 17, 2011 SGB Executive

American Whitewater, the nation’s leading voice for headwater rivers, applauded the America's Great Outdoors Initiative report released Wedneday by the Obama Administration for listing river recreation as among the top ten priorities of a new f

Phoenix Footwear Notifies AMEX of Plans to Delist

February 17, 2011 SGB Executive SGB Update

Phoenix Footwear Group, Inc. has notified the NYSE AMEX that it intends to delist its shares on or after Feb. 28 as part of a cost cutting plan. Upon delisting from AMEX, the company intends to have its common stock quoted on the Pink OTC Markets…

Timberland’s Q4 EPS Double on 26.7% Sales Growth

February 17, 2011 SGB Executive SGB Update

The Timberland Company reported that global wholesale sales growth greatly outpaced that of direct-to-consumer sales in the fourth quarter ended Dec. 31, 2010, with strong performance of its men's footwear and SmartWool business in North America. Sal

U.S. Consumers Sustain Spending in January

February 17, 2011 SGB Update

January marked the seventh straight month of retail sales gains, although sales by sporting goods, hobby, book and music stores decreased 1.3% on a seasonally adjusted month-to-month basis and increased 0.4% on an unadjusted year-over-year basis, accordin

Lance Armstrong Retires, Again

February 17, 2011 SGB Update

Lance Armstrong has retired from professional cycling, according to the Associated Press. Armstrong, 39, attributed his decision to growing family responsibilities and being tired of the sports demanding training requirements.