Peak Resorts Slightly Widens Q2 Loss

Peak Resorts reported a slightly wider loss in its seasonally-slow second quarter as revenues declined 9.3 percent. Timothy D. Boyd, president and CEO, said, ““As fall turns to winter, we are pleased to report our earliest-ever start to a ski season as snowmaking combined with healthy natural snowfall allowed us to open both Mount Snow and Wildcat in late October and kick off the 2018/2019 ski season with a strong start.”

2019 Colorado Classic Becomes Women’s-Only Pro Cycling Race

The 2019 Colorado Classic will become the only women’s stand-alone stage race in the Western Hemisphere on the Union Cycliste Internationale (UCI) calendar and USA Cycling’s Pro Road Tour, organizers of the race announced Tuesday, while raising the bar for pro women’s cycling around the world. 

Stio To Open Store In Park City

Stio, the mountain lifestyle brand based in Jackson Hole, WY, announced the opening of its next Mountain Studio retail store in Park City, UT. The brand has leased a historic Main Street building and plans to open in mid-February.

REI Co-op Expands Gear Rental Program

REI said that starting in December, outdoor enthusiasts from kids to adults can rent snowshoes in 70 REI stores around the country.The co-op will continue to expand its rental program with new products and additional locations throughout 2019.

DSW Smashes Street Targets In Q3

DSW Inc. lifted its annual guidance after reporting adjusted earnings in the third quarter handily topped Wall Streets’ targets on a 7.3 percent same-store gain,. The footwear off-pricer also said it expects the Camuto Group acquisition to contribute pro forma double-digit EPS accretion by 2020.

IOC Takes Leadership Role In The UN Sports For Climate Action Initiative

As world leaders at the UN Climate Change Summit in Poland (COP24) prepare to implement the Paris Agreement to limit the rise of global temperatures to 1.5°C above pre-industrial levels, the International Olympic Committee (IOC) has taken on a leadership role in the new UN Sports for Climate Action Initiative, which aims to drive climate action across the sports community.

Imports Set Another Record In October

Imports at the nation’s major retail container ports have set another new record, reaching 2 million containers in a single month for the first time as retailers continued to bring merchandise into the country ahead of a now-postponed increase in tariffs on goods from China, according to the monthly Global Port Tracker report.