REI (Recreational Equipment, Inc.) has hired retail and outdoor industry veteran Eric Artz as its next chief financial officer in May. Artz, who will assume the role in May, comes to REI from Urban Outfitters, Inc. and spent 17 years at VF Corp…
Category: Outdoor
Downeast Bicycle Specialists Picks up Küat Racks
Küat Racks, makers of lightweight, stylish and easy-to-use racks, has begun distributing to independent bicycle dealers through Downeast Bicycle Specialists…
Lenzing Group Says Shift From Cotton Boosts Rayon Sales
The Lenzing Group of Germany attributed record 2011 results to growing sales and higher prices of its Modal and Tencel fibers as apparel brands shifted to wood-based, or cellulosic, fibers to mitigate the impact of rising cotton costs…
Nike Profit Tops Analysts’ Estimates as North America Sales Gain
Nike, Inc. reported earnings rose 7.4 percent to $560 million, or $1.20 a share, as continued strong top-line growth and SG&A expense leverage more than offset the impact of a lower gross margin and a higher effective tax rate. Revenues jumped 15.1 percen
Li-Ning Officially Rolls Out Brand to the U.S. Market
Li-Ning, the footwear and apparel company founded by Chinese Olympic medal-winning gymnast Li Ning, completed the full rollout of its Digital Li-Ning brand website, which includes new styles for men and women, key partnerships with Olympic athletes and it
K-Swiss Partners with Stand Up To Cancer
K-Swiss has join with Stand Up To Cancer (SU2C), an initiative to accelerate groundbreaking cancer research, on a co-branded footwear and apparel collection. In addition, K-Swiss and Stand Up To Cancer will launch Team Stand Up To Cancer at key “racing” e
AAFA Launches New Sourcing Tool
The American Apparel & Footwear Association (AAFA), the national trade association representing the U.S. apparel and footwear industry, and Intertek, a leading provider of quality and safety services, announced a new member benefit that enables AAFA membe
RYU Signs Ultra Endurance Athlete, Christian Isakson
Respect Your Universe signed ultra endurance athlete, Christian Isakson as an endorser…
Lululemon’s Q4 Earnings Soar on 26 Percent Comp Hike
Lululemon Athletica Inc. reported earnings rose 34.1 percent in the fourth quarter on a 26 percent comparable store gain. Overall revenues in the period jumped 51.4 percent to $371.5 million. Direct to consumer revenue increased 103.6 percent to $50.1 mil
Boreas, Alite Co-host Reception in San Francisco
Boreas and Alite Designs, two San Francisco company that make backpacks and other adventure travel and outdoor gear, are co-hosting Friday (March 23) a 2012 Product & Showroom Launch Party at their shared space at 2505 Mariposa Street in the Mission…
Gander Mountain Opening Smaller-Format Concept
Gander Mountain Co. is planning to open a 52,000-square-foot store in Valdosta, GA, that’s expected to serve as a model for a smaller concept to reach small-to-mid-size markets across the country…
Li and Fung 2011 Sales Get Boost from Acquisitions, Rising Asian Consumerism
Supply chain giant Li & Fung Limited reported sales grew 26 percent in 2011 as it brought on a slew of acquisitions to bolster its global sourcing capabilities for western retailers and began tapping Asia's growing demand for consumer goods. Even aft
Sears Holdings Names New Real Estate Chief
Sears Holdings announced that David Lukes joined the company as president, real estate development at its real estate unit. Lukes comes to Sears Holdings from Mall Properties, Inc. where he served as president and CEO of the privately owned $3 billion rea
Nielsen Shareholders Could Earn $900M from Secondary Offering
Nielsen Holdings N.V., which owns the Outdoor Retailer and Interbike shows, announced that a secondary public offering of its common stock has been priced at $30.25 per share. At that price, the offering will raise $907 million for existing shareholders..
Moosejaw Promotes Comerford to President and CEO
Rapidly expanding outdoor specialty retailer Moosejaw Mountaineering named Eoin Comerford as president and CEO. In his new role, Comerford will oversee an major expansion of the company's brick-and-mortar…
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