Backcountry Access reported on its blog that after two years of work, the US Patent Office issued a patent this week for its Float 30 airbag, which backcountry skiers can inflate the moment they feel threatened by an avalanche to reduce their chances of b
Author: Charlie Lunan
Vaude Teams with China’s Kailas in China
Kailas, a Chinese outdoor gear company, has taken charge of the German outdoor company Vaude’s distribution activities in China as part of a broader pact that will include close collaboration with suppliers and joint development work and licensing a
Sanitas Group Named Mountainsmith Agency of 2010
Mountainsmith said the Sanitas Group has won its 2010 Anvil Award for Agency of the Year. In a flat market, the group, headed up by industry veterans Keith Reis and Andy Anderson, led a surge in sales and market share in their Rocky Mountain territory to
Shimano Group Profits Double on 14.4% Sales Growth n 2010
Shimano Corp. reported consolidated net sales reached ¥213.6 billion ($2.43bn) in 2010, up 14.4% from 2009. Ordinary income rose 37.9% to ¥27.8 billion ($317.5mm) and net income doubled to ¥19.1 billion ($218.1mm)…
Giant Bicycle Names Global Gear Marketing Manager
Industry veteran Jeff Schneider has joined Giant Bicycle as global gear marketing manager…
ComScore: Q4 Online Sales Rose 11% to Record $43.4B
ComScore, Inc. final report on Q4 2010 U.S. retail e-commerce sales estimates online retail spending reached a record $43.4 billion during the quarter, up 11% compared to a year earlier. It marked the fifth consecutive quarter of positive year-over-year g
Conservation Alliance to Donate $1M in 2011
The Conservation Alliance plans to donate $1 million in 2011, the first time the organization will pass this significant milestone…
Molehill Mountain Equipment Merges into Reliable of Milwaukee
Reliable of Milwaukee has merged with Molehill Mountain Equipment and merged it into a new division that will develop apparel and accessories for the outdoor industry…
Half of Retail Sectors Have Yet to Reach 2006-07 Peaks
Retailing sectors that grew sales in the retail year ended Jan. 31 outnumbered those that were down by a ratio of three to one, according to the latest report from MasterCard Advisors SpendingPulse. However, even among those which were up for the year, ab
Ocean Container Lines Foresee Potentially Tight Q3
A rebounding U.S. economy will likely lead to a tight supply of vessel space and equipment during the peak third quarter shipping season, according to Transpacific Stabilization Agreement (TSA), which represents the major container shipping lines serving
NRF Reshuffles Senior Management
The National Retail Federation reshuffled its senior management ranks in a reorganization meant to achieve new priorities outlined in a strategic plan recently approved by its board of directors…
Dana Davis Acquires Summit Hut; Baker to Assist in Transition
David Baker, founder of Summit Hut Ltd., has sold the landmark Tucson outdoor retailer to long-time key employee and SGB 40 Under 40 honoree Dana Davis. Baker will stay on as an employee to guide Davis through the transition over the next 18 months…
Amer Sports Q4 Winter and Outdoor Sales Up 21%
Amer Sports's Winter and Outdoor's net sales totaled €416.5 million ($329 mm) in the October to December quarter, up 21% when measured in local currencies. Still, investors bid down the Finnish company's shares when it disclosed that
Stein Mart Comps Dip 1.2% in January
Stein Mart, Inc. reported comparable store sales for the four-week period ended Jan. 29, 2011 decreased 1.2%, due in part to adverse weather in the Northeast and Midwest. Total sales for the January four-week period were $62.8 million, a decrease of 1.6%
Saks Comps Rise 4.4% in January
Saks Incorporates reported comp sales rose 4.4% for the four weeks, 8.4% for the fourth quarter and 6.4% for the year ended Jan. 29.