Columbia Sportswear Company finished an otherwise flat 2013 with record fourth quarter sales and forecast 15-17 percent revenue growth in 2014 as its new joint venture in China and the introduction of lower-priced products kick in…
Category: Outdoor
Toray Buys 400 Acres in SC to Prepare for US Industrial Renaissance
Toray Industries, Inc. has purchased approximately 400 acres of land for its future business expansion in Spartanburg County, SC. The Japanese company said it made the investment because it expects the United States to regain its industrial competitivene
Outdoor Retailer Says Attendance Rose at Winter Show
Emerald Expositions announced that preliminary numbers indicate attendance at Outdoor Retailer Winter Market 2014 last month increased an estimated 7 percent compared with 2013. The number of store fronts represented at the show increased nearly…
Elite Mountain Climber Chad Kellogg Killed on Argentine Peak
Famed climber Chad Kellogg, 42, died in Argentina after a rockfall in Patagonia… Famed climber Chad Kellogg, 42, died in Argentina after a rockfall in Patagonia…
Cascade Designs Names 2013 Sales Agency of the Year
Cascade Designs, Inc. awarded its 2013 Sales Agency of the Year award to West Bay Trading Company of Spring Lake, Michigan…
Petzl America Names New Rep for Midwest
Petzl America has hired Minneapolis-based Figure 8 Sales to represent its line of climbing and rescue products in the Midwestern United States…
STX Signs MLL Star Ryan Young
Baltimore-based STX, LLC announced the signing of Major League Lacrosse (MLL) player Ryan Young for the 2014 season…
Winter’s Price Tag this Year Estimated at $50 Billion
Economists said that the brutal winter weather is hurting the U.S. economy, with mounting losses due to slow retail sales, travel disruption and other factors….
Active Boarder Takes Over Remington Outdoor’s Bid for Altrec
Active Boarder Corp. of St. Paul, MN has stepped in to acquire substantially all of the assets of Altrec Inc., according to court documents filed Sunday in Altrec’s bankruptcy case. The new bid, approved Sunday by a U.S. Banruptcy Court judge, remov
Slide in TomTom’s Consumer Sales Slows by Half in 2013
TomTom reported the slide at its Consumer division, which powers Nike’s sports watches and launched its owned branded sports watches last year, slow by half in 2013…
Oboz to Enter Japanese Market this Fall with Former Keen Distributor
Oboz Footwear will enter the Japanese market this fall in partnership with Itochu Textile, which put Keen into 1,000 stores in the country in nine years…
Jos. A Bank Agrees to Pay 9.5 Times EBITDA for Eddie Bauer
Jos. A. Bank Clothiers Inc. signed a definitive agreement to acquire Eddie Bauer in a cash and stock deal that values the outdoor apparel and gear brand at $825 million, or approximately one times Eddie Bauer’s 2013E revenue and 9.5 times its estim
Hornady Names Bangers LP “2013 Customer of the Year”
Bangers LP, a national shooting sports distributor received the “2013 Customer of the Year” award from Hornady Manufacturing…
VF Corp.’s Growth Engines Humming in Q4
Led by double-digit growth at The North Face, Vans and Timberland, VF Corp. reported earnings rose 7.0 percent in the fourth quarter on an 8.5 percent sales gain…
Jarden Outdoor Q4 Segment Earnings Fall on Flat Sales
Jarden Corp. reported earnings dropped 21.1 percent at its Outdoor Solutions segment on flat sales in the fourth quarter ended Dec. 31, 2013. The segment owns 26 sporting goods brands, including several in use by athletes competing in the Winter Olympics