Gordini Expands Ambassador Athlete Team

Gordini, maker of cold-weather gear for 65 years, announced it has expanded its ambassador athlete team with the addition of Gabby Palko and Robin Van Gyn. Palko, shown below, top, a skier, sailor and environmentalist, calls Valdez, AK home; while 2021 Natural Selection Tour Winner Van Gyn, shown below, bottom, splits her time snowboarding and […]

Lolë Introduces Men’s Collection For FW21/22

  Lolë released its men’s collection for FW22/23.  A maker of athletic women’s apparel, Lolë has expanded its offering for men with this collection. The line’s features include the use of recycled fibers, responsibly sourced and traceable down and water-repellent fabric with windproof protection. “This new high-performance men’s collection is designed to take on the […]

Compass Diversified Delivers Significant Q3 Earnings Gain

Compass Diversified (CODI) reported significant improvement in earnings in the third quarter due to a gain on its sale of Liberty Safe. Earnings, excluding the gain, grew about a third due to the 2020 acquisition of BOA and a strong performance by its branded consumer companies.

Skechers Slightly Lowers 2021 Outlook On Q3 Miss

Profits at Skechers USA surged 61.0 percent in the third quarter ended September 30 on a 19.2 percent revenue gain, but both sales and earnings came were below guidance. The footwear giant slightly lowered its EPS and sales targets for the full year.

Columbia Sportswear’s Q3 Impacted By Delayed Inventory Receipts

Columbia Sportswear Co. reported sales in the third quarter ended September 30 came in below Wall Street’s targets as supply chain constraints impacted U.S. wholesale shipments. Earnings, however, topped estimates due to favorable gross margins and expense management and early-season Fall 2021 sell-through has been healthy. The company raised its EPS guidance while lowering its sales outlook for the year. 

Dometic Group Completes Acquisition Of Igloo

Sweden’s Dometic Group AB has completed its acquisition of Igloo. Said Juan Vargues, president and CEO of Dometic, “This acquisition is in line with our strategy to position Dometic as a more consumer driven, less cyclical company in the fast-growing outdoor business.”