Vista Outdoor Inc. upped the amount of its pending private debt offering by $50 million and said the notes will pay annual interest of 5.875 percent…
Author: Charlie Lunan
Trek’s Click-and-Collect Plan Could Mark Tipping Point
Trek Bicycle Corporation sent shock waves through the independent bicycle dealer (IBD) channel in the United States last week by announcing it would begin selling direct to consumers online, but share any profits with its dealers…
Gaiam Second Quarter Sales Surge on Kohl’s Business
Gaiam Inc. reported net revenue surged 27 percent in the second quarter as it began shipping an exclusive line of yoga apparel to Kohl's…
Inov-8 Acquired by Descente Ltd.
Descente Ltd of Japan has acquired control of Inoveight Holdings Ltd (Inov-8) from the private equity firm Livingbridge. Financial terms were not disclosed…
ElliptiGo Names VP of Global Marketing
ElliptiGO Inc., creator of the world’s first elliptical bicycle, has hired Raphael Weishaupt as Vice President of Global Marketing…
Whistler Blackcomb Reports Summer Traffic Gains
Whistler Blackcomb Holdings Inc. reported visitation to North America's largest mountain resort grew 24.2 percent in the fiscal third quarter ended June 30, helping offset the decline in skier traffic it saw in the prior two quarters…
Dorel Sports Q2 Sales Decline as Retailers Work Off Inventory
Dorel Sports revenue was off sharply in the second quarter as European IBDs looking to avoid price increases loaded up on model year 2015 bikes and mass retailers in the U.S. worked off their inventories…
Boot Barn Pro Forma Profits More Than Double in Fiscal Q1
Boot Barn Holdings Inc. reported pro forma net income more than doubled in the fiscal first quarter ended June 27 due to contributions from seven new stores and comparable store sales growth…
Pelican International Names Insider as Next President
Pelican International Inc., the Canadian manufacturer of kayaks and other recreational boats, appointed Marie-Christine Piedboeuf as president, effective Sept. 1, 2015…
Nautilus Strength Business Rebounds in Second Quarter
Nautilus Inc. reported sales rose 23.0 percent in the second quarter on strong demand for its Bowflex cardio machines and a resumption of growth at its legacy strength business…
Backcountry.com Sales Up 6.0 Percent in Second Quarter
Backcountry.com lost $4 million on sales of $105 million in the second quarter ended June 30, 2015, compared with a loss of $3 million on sales of $99 million in the second quarter of 2014, according to financial information released by its former parent
Compass Diversified Net Income Up Sharply in Second Quarter
Compass Diversified Holdings Inc. (CODI), which buys and sells middle-market companies, reported net income more than doubled in the second quarter thanks in large part to its investments in outdoor product companies such as…
OIA Elects 2015-16 Board of Directors
Outdoor Industry Association (OIA) announced its newly elected 2015-2016 board of directors Wednesday following its annual board meeting on the eve of Outdoor Retailer Summer Market. The board also selected Gordon Seabury, CEO of Toad&Co, as chair and nam
Backcountry.com Deal Earns Liberty Tidy Sum
Liberty Interactive Corp. sold Backcountry.com for $350 million, or 11 times what the online retailer is expected to generate this year in operating income depreciation and amortization, according to…
Alibaba Taps Goldman Sachs Exec as New President
Alibaba Group appointment investment banker and Olympic gold medalist Michael Evans as its president effective Aug. 4 in a bid to become a global retailer…
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