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…
Author: Charlie Lunan
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…
Vista Outdoor Ups Notes Sales by $50 Million
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…
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…
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…
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…
Safilo’s North American Sales Slow
Safilo Group S.p.A. reported its sales growth in North America, where it is building a Global Sports and Outdoor Lifestyle segment around its Smith sunglasses brand, slowed significantly in currency-neutral terms in the second quarter…
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…
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…
Sole Joins 1% for the Planet
Sole, the Vancouver, British Columbia maker of footbeds, joined 1% for the Planet July 30…
Callaway Golf Names Linda Segre to Board
Callaway Golf Company appointed former golf pro and marketing executive Linda B. Segre to its board of directors…
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
GetOutfitted.com and Oru Kayak Launch National Kayak Rental Service
Oru Kayak has partnered the outdoor gear rental firm GetOutfitted to launch the first national kayak rental program that delivers foldable kayaks to consumers' doorsteps for a convenient, affordable experience outdoors…
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…
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…
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