Salt Lake City, UT-based ski maker DPS has announced some changes to its global sales team, including the addition of Norway distributor Roxee Sport AS and regional sales representatives Sasso Vertical Sales in Western Canada and Heimo Baer in Austria.
Author: SGB Media
SIA Broadens Focus With B2C Show Acquisition
Snowsports Industries America (SIA) is getting back into hosting large-scale, live shows—albeit with a different target market than its former signature event. About two and a half years after selling its annual B2B event Snow Show, SIA announced Friday it had agreed to acquire a pair of B2C snow sports expos. SIA leaders share why this move is another step in a new direction for the trade association.
Aisle Talk Week Of November 11
Top headlines from across the active lifestyle industry featured in SGB during the week of November 11, 2019.
Nike SNKERS App Not Just For Sneakerheads
If you’re want to be close to the high-demand, limited-edition sneaker market, then you’ve probably downloaded Nike’s SNKERS app. “Your Ultimate Sneaker Source,” according to Nike, brings you the inside track behind Nike designs and includes dedicated feeds showing photos of customers wearing their favorite kicks from the megabrand. The app, launched in 2015, has […]
Snowsports Industries America To Acquire Two Consumer Trade Shows
Snowsports Industries America (SIA) on Friday announced its intention to acquire the consumer-focused Boston and Denver Ski and Snowboard Expos from BEWI Productions Inc.
Under Armour Disputes WSJ Accounting Irregularities Report
Under Armour Inc. issued a statement in response to a Wall Street Journal article, maintaining that its accounting practices have been “entirely appropriate.”
Gregory’s Sales Climb 21 Percent In Q3
Samsonite International reported currency-neutral sales grew 21.3 percent on a currency-neutral basis at Gregory and 3.3 percent.
J. C. Penney Sees Lower-Than-Expected Loss
J. C. Penney Company Inc. reported a loss that was lower than expected in the third quarter and raised its guidance for EBITDA for the year. Same-store sales were down 6.6 percent.
Political Climate Forces American Outdoor Brands To Split
Amid a challenging political climate for the firearms industry, American Outdoor Brands Corp. (AOBC), the parent of Smith & Wesson, announced it would split into two publicly traded companies— Smith & Wesson Brands Inc. (firearms) and American Outdoor Brands Inc. (outdoor products and accessories, or OP&A). SGB digs into why the company chose the spinoff route.
Final Summer Lodging Results At Western Mountain Destinations Are Mixed; Winter Holding Steady
The six-month summer season that tracks from May through October for mountain destinations, finished with lackluster results and the softest aggregated summer occupancy figures in a decade. Modest gains in the Average Daily Rate (ADR) did boost overall summer revenues though, according to the DestiMetrics’ Market Briefing released by Inntopia.
REI Co-op To Open Four Stores On November 15
For the first time in its 81-year history, REI Co-op will open four new stores in a single day on November 15, bringing quality outdoor gear, experiences and expertise to Farmington, UT; Huntsville, AL; Oklahoma City and Williston, VT. By the end of the year, REI will have opened a total of eight new stores, relocated two existing stores to larger locations, and opened three new boathouses in 2019.
Nike Announces 11 Percent Increase In Quarterly Dividend
The payout will mark Nike’s 18th consecutive year of increasing dividend payouts. Said Mark Parker, Chairman, President and CEO of Nike, Inc. “This dividend increase, combined with the four-year $15 billion share repurchase program announced in 2018, reflects continued confidence in our strategies to generate long-term, profitable growth as we accelerate execution of our Consumer Direct Offense.”
Orvis.com Leaks Internal Passwords
Orvis, the Vermont-based retailer that specializes in high-end fly fishing equipmen, leaked hundreds of internal passwords on Pastebin.com for several weeks last month, exposing credentials the company used to manage everything from firewalls and routers to administrator accounts and database servers, according to KrebsOnSecurity.
Patagonia Opens First ‘Worn Wear’ Store
Patagonia opened its first dedicated Worn Wear pop-up store in Boulder, CO. Located at 1212 Pearl Street, the Worn Wear pop-up will be open through February, 2020 and will be stocked exclusively with quality Worn Wear items (used Patagonia products that have been bought back from customers) as well as Patagonia’s new ReCrafted Collection, a new line of products made from other clothes that are beyond repair.
Descente To Sponsor USA Triathlon
USA Triathlon (USAT) announced a partnership with Descente, based in Japan, to become USAT’s Official Outerwear Supplier for the next four years.
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