The TJX Companies, Inc. raised its forecast for fiscal 2016 earnings per share and comp store sales growth after reporting results for the fiscal first quarter ended May 2 exceeded plan…
Author: Charlie Lunan
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Thule Bids Farewell to Peter Pell
Thule bade farewell to Peter Pell, who retired May 7 after 30 years serving as an industry pioneer, brand ambassador, and most importantly, a genuine friend…
Nordica USA Announces Departure of Andy Hare
Andy Hare will depart Nordica USA after more than 18 years with the company to help run a family business, Nordica USA President Peter Weaver announced…
Colt Defense Bondholders Reject Exchange Offer
Colt Defense LLC is expected to proceed with a prepackaged Chapter 11 bankruptcy following investors' rejection last week of its offer to exchange $250 million in junk bonds for $75 million in higher interest rate, junior secured debt…
Nordica USA Names Russo as VP
Tecnica Group USA and Nordica USA President Peter Weaver announced that Scott Russo will take over as vice president of Nordica USA effective June 15, 2015…
Western Mountain Resorts Set All-Time Revenue Record
Revenues at Rocky Mountain and Far West mountain resorts grew 11.2 percent over last season and set an all-time record that exceeded the previous record set in the 2007-08 ski season…
Goldwin’s Fiscal 2015 Sales Rise Nearly 5 Percent
Goldwin Inc., the Japanese company that sells ski and compression wear in the United States and distributes The North Face and other outdoor brands in Asia, reported net sales grew 4.6 percent to ¥57.4 billion ($522 mm) in fiscal year ended March 31…
Dow Microbial Control Joins Bluesign System
Dow Microbial Control joined the Bluesign system, a network of textile companies managed by Swiss-based Bluesign Technologies AG to ensure that textile and apparel products, and the chemicals, processes and materials used to make them, are safe for consum
Report Suggests Weather Hurt Outdoor Participation in 2014
Overall participation in outdoor activities dropped .8 percent from 2013 to 2014 to reached its lowest levels since the The Outdoor Foundation began tracking it in 2006, most likely due to…
Black Diamond Integrating Apparel and Equipment Design
Black Diamond Equipment announced several key changes and promotions aimed at integrating apparel and equipment design…
Crailar Technologies Reports Much Lower Q1 Losses
Crailar Technologies Inc., which raised capital from Adidas Group's venture capital fund in 2013 to develop fibers from flax and hemp, greatly reduced its losses on a big jump in sales in the first quarter…
Kelty Aims to Keep Spot on Pack Wall
A major marketing campaign kicked off by Kelty last month is aimed as much at its wholesale partners as consumers. The year-long “Kelty Built” campaign is designed to build excitement around the brand ahead of a Spring 2016 product launch that Kelty will
Smith and Wesson Pays Down Battenfeld Technologies Debt
Smith & Wesson Holding Corporation announced it has fully repaid $100 million it borrowed in December to acquire Battenfeld Technologies Inc. using cash generated from operations in the fiscal fourth quarter of 2015…
Abom Applies for Another Goggle Patent
Abom Inc., which already possesses three U.S. patents for its fog-free sports goggles, has filed its 29th patent application…
Descente Ltd. Profits Surge in Q4
Descente Ltd. reported net income rose nearly five times faster than sales in the fourth quarter ended March 31 thanks to currency effects that made it more competitive in Korea and favorable winter weather in its home market of Japan…