In its second Outdoor Retailer show, Denver delivered steady traffic, busy booths and plenty of energy at Outdoor Retailer Summer Market, according to interviews with a number of exhibitors and a few retailers. A change of scenery after 20 years in Salt Lake City is also clearly being welcomed by many attendees, but the upbeat moods appear to underscore a healthier industry.
Author: SGB Media
Aisle Talk Week of July 30
Top headlines from the active lifestyle industry you may have missed this week, including Shimano releasing the company’s earnings for the first half of 2018.
Shimano’s Sales Up 7.1 Percent In First Half
Shimano Inc. reported sales increased 7.1 percent in the first half ended June 30 to ¥174.7 billion. Operating earnings grew 11.9 percent to ¥34.5 billion while net income increased 48 percent to ¥27.7 billion.
July Retail Jobs Increase 66,000 Over 2017
Retail industry employment in July increased by 66,000 jobs unadjusted over the same time last year showing on-going industry growth, the National Retail Federation said Friday.
SIA, WWSRA Announce Dates For 2019 On-Snow Demo
Snowsports Industries America (SIA),the non-profit trade association for the winter sports industry, and Western Winter Sports Representatives Association (WWSRA) have announce the new dates of the 2019 SIA/WWSRA On-Snow demo. The event will take place February 4-5, 2019, at Copper Mountain, CO.
Dorel Sports’ Revenues Climb 7.4 Percent In Q2
Dorel Industries Inc. reported sales in the company’s Dorel Sports segment increased 7.4 percent, to U.S. $224.5 million and 6.5 percent on a currency-neutral basis. Results were better than internal expectations.
Filson To Open Store In Boston
Filson will open the company’s first store in Boston in the Seaport District. The new 3,177-square-foot store at 52 Seaport Blvd. will open on August 16.
OluKai Partners With Inaugural REI Outessafest
OluKai announced the company’s continued partnership of the REI Outessafest, two one-day immersive festivals designed to inspire women and connect them with the outdoors, adventure and music.
Baylor University To Wear Vicis ZERO1 Helmet
The Bears will be one of the first college programs to outfit the majority of the roster with the ZERO1.
Thorlo Reinforces Brand Guarantee
Thorlo will place “Guaranteed for Your Lifetime” on the company’s packaging, effective September 1.
Pro Surfer Conner Coffin Joins Skullcandy
Skullcandy said pro surfer and musician Conner Coffin has been inducted to their ambassador program.
NRF Calls Tariffs “Doubling Down” On Harm To U.S. Consumers And Workers
NRF President and CEO Matthew Shay said, “Tariffs are an unacceptable gamble with the U.S. economy and the stakes continue to rise with no end in sight.”
Charlesbank Capital Acquires Rockport; Gregg Ribatt Becomes CEO
Charlesbank Capital Partners announced that the group has acquired the assets of The Rockport Group in bankruptcy proceedings.
Audax Private Equity Acquires Revolution Dancewear
Audax Private Equity partnered with management to acquire Revolution Dancewear, a leading global supplier of dance recital costumes, competition costumes, footwear and dancewear.
Wahoo Fitness Finds investor
Norwest Equity Partners (NEP) has made a significant investment in Wahoo Fitness, a technology-focused fitness company that specializes in smart training products such as indoor bike trainers, GPS bike computers, apps and sensors for cyclists, runners and fitness enthusiasts.
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