Puma wrapped up 2018 by reporting significant earnings gains in the fourth quarter on a 20.1 percent revenue gain. For 2019, Puma expects earnings to climb 23 percent on a 10 percent sales increase.
Author: SGB Media
Can ‘Bench Strength’ Bolster REI During Leadership Transition?
As SGB Media reported yesterday, the outdoors world got a jolt with the news that Jerry Stritzke, president and CEO of REI Co-op, had resigned after a board-initiated investigation into his admitted “personal and consensual” relationship with “the leader of another organization in the outdoor industry.” But what impact, if any, will this development have on the industry?
Always Good Times: Jeff Mechura Dishes On Elan’s U.S. Growth
Jeff Mechura, head of global brand development and marketing for Elan Skis, spoke with SGB Media at Outdoor Retailer Snow Show about what’s been driving the company’s growth in the U.S. and why Elan remains the “good Catholic boys” when it comes to the retail channel.
Senate Votes To Reauthorize Land And Water Conservation Fund
The U.S. Senate passed a sweeping public lands package. The bill designates more than one million acres of wilderness for environmental protection and permanently reauthorizes the Land and Water Conservation Fund.
California Outdoor Industry Leaders Fuel California’s $92 Billion Outdoor Recreation Economy
Spearheaded by a board of directors and comprised of outdoor industry professionals experienced in launching and managing profitable businesses, California Outdoor Recreation Partnership (CORP) is making progress in advocating on sustainable economic development in California’s growing and vibrant $92 billion outdoor recreation economy.
Danner Opens First Store In Bend, OR
Danner announced the opening of its fifth and newest store, Danner at the Box Factory, in Bend, OR.
Headsweats Becomes Apparel Sponsor Of Mercedes-Benz Corporate Run
Headsweats joins the Mercedes-Benz Corporate Run presented by Turkish Airlines as the official apparel sponsor.
Honey Stinger Announces Ambassador Team
Honey Stinger announced its new elite athlete team for 2019: Hive Gold.
HanesBrands Achieves Leadership Position in CDP 2018 Report
HanesBrands announced that it earned an A- score and took a leadership position in the CDP 2018 Climate Change Report. Hanes has voluntarily reported its carbon emissions data since 2010 to CDP, which was formerly known as the Carbon Disclosure Project.
Industrial Revolution Hires New President
Industrial Revolution, the Seattle manufacturer and distributor of essential outdoor accessories, announced the addition of Drew Keegan as its new president. Before coming to IR, Keegan spent 18 years at Cascade Designs.
Sportsman’s Warehouse To Open Murfreesboro, TN, Store In Summer 2019
Sportsman’s Warehouse is planning to open a new store in Murfreesboro, TN, in the summer of 2019.
OIA Names Amy Horton as Senior Director of Sustainable Business Innovation
Outdoor Industry Association (OIA) on Wednesday announced that Amy Horton will join the OIA executive team as senior director of sustainable business innovation.
Puma And NBA Announce Multiyear Partnership
The National Basketball Association (NBA) and Puma announced a new multiyear partnership that will make Puma an official marketing partner of the NBA. Puma will be able to feature athletes in their respective NBA uniforms and team logos.
Thule’s Q4 Sales Climb 15 Percent
Thule Group reported revenues rose 15 percent in the fourth quarter although operating income declined slightly.
Shimano’s Revenues Expand 3.6 Percent In 2019
Shimano reported operating income rose 2.1 percent in 2019 as sales improved 3.6 percent.
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