REI Co-op Marks $100 Million Invested In Local Communities

REI Co-op will reach a major impact milestone this year—$100 million invested in stewardship of the outdoors. To celebrate, the co-op on Monday is launching Loving Our Local Outdoors and is inviting its members to help decide how $1 million in philanthropic giving will benefit their local communities.

Adidas To Pay Equal Bonuses For Women’s Soccer World Cup Winners

Adidas said it plans to give the same bonus to any of its sponsored players on the Women’s World Cup-winning soccer team as their male counterparts.  The announcement follows news that the U.S. women’s national soccer team is suing their federation with allegations of gender discrimination, where all 28 members of the squad were named as plaintiffs in federal court.

Accell Group Sees Growth Accelerate In 2018 Second Half

Accell Group N.V., the leading European bicycle company with brands such as Haibike, Koga, Batavus and Raleigh, announced that its ‘Lead Global. Win Local’ strategy is starting to pay off in its core markets (excluding North America). Growth in the second half of 2018 accelerated to 10.4 percent, bringing FY core turnover growth to 6.1 percent.

Ladder Sets Up Fitness Advisory Board

Ladder, the digital marketplace for health and wellness coaching, announced that it has established a Fitness Advisory Board comprised of six leaders within the commercial fitness space. Rick Caro will serve as chairman for the group, which also includes Richard Beusman, Joe Cirulli, Mel Kleist, Tim Rhode and Rodney Steven.

Mixed Signals Cloud Camping World’s Outlook

After Camping World Holdings Inc. on Thursday posted a fourth-quarter loss of $71.5 million, or earnings per share of (83) cents, due to an impairment charge and costs related to Gander Outdoors openings, the company’s stock tumbled in the high single digits. But a slight market rebound on Friday served as another example of the mixed signals that Camping World conveyed in its fourth-quarter earnings report.

Aisle Talk Week Of March 4

Top headlines from the active lifestyle industry you may have missed this week, including Bass Pro Shops announcing it will close a distribution center in Sidney, NE, the former hometown of Cabela’s, as well as a merchandise return center in Oshkosh, NE.