Building on the momentum of the last three years and having successfully delivered its overall revenue and earnings goals early, Lululemon Athletica, Inc. announced a new Power of Three ×2 growth strategy that includes a goal to double its 2021 revenue of $6.25 billion to $12.5 billion by 2026.
Author: SGB Media

NRS Announces New Generation Of Dry Wear With Gore-Tex Pro Line For Paddlers
Northwest River Supplies (NRS), a manufacturer of paddlesports equipment and apparel, introduces dry wear developed in partnership with Gore-Tex and built with Gore-Tex Pro materials. “We built this line from the ground up based on paddlers’ needs and requirements, and it beats all expectations,” said Danny Mongno, NRS product manager. “Our athlete team and everyone […]

Orca Coolers And Drinkware Celebrate Anniversary With Two Drinkware Styles
ORCA Coolers & Drinkware, the U.S.-based manufacturer, celebrates ten years with four drinkware styles, a new logo and the slogan “Make it Last.” The new travel mugs include the Camper and Traveler. The stainless steel, double-walled and vacuum-sealed drinkware keeps beverages cold for up to 24 hours and hot for eight hours. Additional features include: […]
Nemo Celebrates Turning 20, Becomes Climate Neutral Certified
Nemo turns 20 this month and celebrates by becoming Climate Neutral Certified. Climate Neutral’s certification process builds on internationally recognized carbon measurement and neutrality standards. All certified brands must measure greenhouse gas emissions each year to maintain certification. Then, a brand must buy eligible verified carbon credits to compensate for its emissions, directing investment into […]
BlackStrap Partners With USASA
BlackStrap, the manufacturer of face gear, base layers and accessories for winter sports, anglers and outdoor enthusiasts, is the primary sponsor and bib supplier of the U.S. American Snowboard and Freeski Association (USASA) events and competitions. “We are incredibly excited to partner with USASA as a sponsor and competition bib supplier,” said Jim Sanco, brand […]

Nike Updates Hybrid-Work Plans
Nike announced a new remote work policy that will allow employees to work remotely up to four weeks per year.
Costa Grows Its S22 Collection With Hybrid Frame Built For The Water
Costa Sunglasses, manufacturer of the first color-enhancing all-polarized glass sunglass lens, offers the Lido for Spring 2022. Lido’s pro-level features include vented, adjustable nose pads, sweat channels and eyewire drains, Hydrolite grips on the nose pad and temples, top shields and side hooding, spring hinges, and thin temple. “Lido is a brand new category for […]

Wulf Aero Paddle Board From Bote Defines Fun on the Water
Bote, the maker of paddleboards and kayaks, introduced its Wulf Aero 10’4″ inflatable paddleboard, a beginner-level option to its range of inflatable paddleboards. The craft uses the brand’s AeroUltra technology, a lightweight military-grade PVC skin for durability while keeping the weight low. The vessel has an average weight of 20 pounds inflated and 29 pounds […]
Powdr Names President Of Woodward
Powdr announced that Chris Gunnarson is president of Woodward, which includes Woodward PA, Woodward Copper in Colorado, Woodward Tahoe, and Woodward West in California. The position was created to unify the Woodward brand.

NFW Closes $85 Million In Series B Funding Round
Natural Fiber Welding, Inc. (NFW) announced it has closed an $85 million funding round to scale production of its all-natural, circular materials products coming to market with a wide array of global brand partners. Evolution VC Partners led the round.

A Shoc Energy Raises $29 Million In Funding
A Shoc Energy announced a $29 million Series B funding round led by investments from existing investors, strategic participants, athletes, and celebrities.

Clarus Corporation Announces Upsized $425 Million Credit Agreement
Clarus Corp. announced that it has amended and upsized its existing senior secured credit facility jointly led by JPMorgan Chase Bank, N.A. and Bank of America, N.A.
Crocs Appoints VP And Global Head Of Sustainability
Crocs, Inc. announced that Deanna Bratter joined the business as vice president, global head of sustainability in a newly created role.

Charge E-Bikes Continues Sponsorship Of US Open Pickleball Championship
Charge, the direct-to-consumer electric bike brand, is partnering with the US Open Pickleball Championships for the second year as an official sponsor of the event. The seven-day competition draws spectators and competitors worldwide, including Charge Bike ambassador and professional pickleball player Catherine Parenteau. Last year Parenteau won gold in the women’s pro doubles and mixed […]

Adventure Medical Kits Introduces Coast Guard Approved Marine Series
Adventure Medical Kits revamped its Marine series to include seven waterproof medical kits created for boating enthusiasts—from recreational kayakers to large-scale commercial fishing boats—that are approved by the U.S. Coast Guard. “When designing this series, we wanted to offer the right range of kits and contents to meet the needs of any boater,” said Garrett […]