Peloton Interactive Inc., in its first quarterly report since going public, lowered its net loss to $49.8 million in the first quarter compared to a loss of $54.5 million a year ago. Revenues reached $228.0 million in Q1, representing 103 percent year-over-year growth.
Author: SGB Media
OBIT: John Carey, Daiwa Golf And Lynx Golf Passes
John Carey, President of Daiwa Golf and Lynx Golf Passes, passed away in the Los Angeles area at age 89.
Outdoor Leaders Criticize U.S. Withdrawal From Paris Climate Accord
The Outdoor Industry Association (OIA) and several of its members released the following statements expressing their concerns with the withdrawal from the Paris Climate Accord.
ASTM International Appoints New President Of Safety Equipment Institute
The ASTM International board of directors unanimously voted to name Tim Brooke, ASTM International’s vice president of laboratory service and certification, as the new president and chief operating officer of the Safety Equipment Institute (SEI), an ASTM International affiliate.
Mueller Announces Exclusive Partnership With Pro Orthopedic Devices
Mueller has been appointed the worldwide exclusive distributor of Pro Orthopedic Device Pro Compression Bandage and Scissors products.
Clarus Reduces Guidance On Sierra Weakness, Trade Headwinds
Clarus Corp., the parent of Black Diamond, Sierra, PIEPS, and SKINourishment, reported earnings in the third quarter slid 14.3 percent as sales grew 8 percent. The company reduced its guidance for the year due to weakness at Sierra and headwinds due to the strengthening U.S. dollar and the escalating trade wars.
Dearfoams Launches National TV Ad
Dearfoams, the slipper company and brand of Columbus-based RG Barry Corporation, announced its first national television ad campaign since the 1980s, “Together in Dearfoams.”
Snow Peak Unveils Plans for Portland Flagship Location
Snow Peak USA said construction on the Snow Peak USA flagship and headquarters, located at 404 NW 23rd Avenue, began in October and will continue through early 2020.
NSGA Responds To Gert Boyle’s Passing
In a statement, NSGA President & CEO Matt Carlson, said Gert Boyle, who passed away on November 3, was “a fighter and the title of her autobiography, One Tough Mother, exemplified the determination and spirit she had to build Columbia from adverse circumstances into the company it is today.”
Emerald Expositions Acquires G3 Communications
Emerald Expositions Events Inc., which operates Outdoor Retailer, Surf Expo and more than 55 trade shows overall, announced the acquisition of G3 Communications, producers of the B2B Marketing Exchange event series and an innovator in custom content and lead generation services.
Mainline Esports Tournament Company Lands $6.8M In Series A Funding
Mainline, an esports tournament software and management company, announced it raised a $6.8 million Series A funding round led by Work America Capital, alongside investments from individual investors in professional sports and other strategic backers.
Hoka One One Named Presenting Sponsor Of Western States
Hoka One One has been named the presenting sponsor of the Western States 100-Mile Endurance Run, WSER President John Medinger announced.
Li-Ning Launches First Retail Showrooms In Canada
Li-Ning, China’s sports brand, announced that for the first time ever in Canada its extensive collection of racket sport equipment, shoes and apparel is available in standalone retail showrooms.
Greg Norman And Green Growth Beauty Launch CBD-Infused Products For Active Wellness
Greg Norman announced a partnership with Green Growth Beauty to launch an exclusive new line of CBD-infused wellness and recovery products geared towards men and women who lead an active lifestyle.
Floorplan, Education And Events Schedule Ready For Outdoor Retailer + Snow Show
Outdoor Retailer unveiled the floorplan and events and education schedule for the Outdoor + Snow Show 2020.
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