XS Sights promoted longtime employee Monte Long to marketing and sales engineer.
Category: Outdoor
Kathmandu Shows Improving Trend In Second Quarter
Kathmandu Holdings Ltd provided an update for its first half through January 31. Sales at the Kathmandu chain rebounded in the second quarter, and Rip Curl improved modestly while Oboz is being impacted by supply chain disruption.
Exhibitors Threaten To Boycott Outdoor Retailer Show If It Returns To Utah
A conservation group and two dozen outdoor recreation companies, including Patagonia, REI and The North Face, announced Monday that they would boycott the Outdoor Retailer trade show if it moved from Denver, CO back to Salt Lake City, UT. The group accused Utah’s leaders of trying to remove protections for national monuments and public lands.
Lodgings Slow In Western Mountain Destinations
According to Destrimetrics Monthly Market Briefing Report, momentum for the holiday season at Western mountain resorts turned cool in early January as a surge in Omicron variant cases had consumers hitting the pause button on short-lead bookings.
Quality Bicycle Products Hires Vice President Of Proprietary Product
Quality Bicycle Products announced that it hired Jamie Marchbank as VP, proprietary product. Previously, he was VP of product creation at JanSport & Eagle Creek.
Organic Cotton Accelerator Joins Sustainable Apparel Coalition
The Organic Cotton Accelerator (OCA) announced that it has joined the Sustainable Apparel Coalition (SAC) to support its commitment to a collaborative sector approach and promote organic cotton’s potential for positive impact on people and the planet.
NPD Report: Backcountry Equipment Sales Decline Against Tough Comparisons
Revenue from backcountry accessories, which includes skins, beacons, probes, and avalanche shovels, were down 14 percent during the season-to-date (August to December 2021) period after growing by 90 percent during the same period last year, according to The NPD Group.
Scheels Debuts Its First Super Bowl Commercial
During last night’s Superbowl, Scheels debuted its first television ad with a 30-second spot that aired in all Scheel’s markets, and a longer 90-second spot is now showing on its website.
Bikeco Opens New Headquarters And Larger Distribution Center
BikeCo LLC, distributor of Fuji, SE, Breezer, Kestrel and Tuesday, announced the opening of its new headquarters in Philadelphia and a new, larger distribution center in South Jersey.
Dorel Sports President Steps Down
Pon Holdings, which acquired Dorel Sports in January, said Peter Woods, president and CEO of the cycling business, its stepped down.
The North Face Leases Office, Showroom Space In Seattle
The North Face has signed a lease for 6,414 square feet of office and showroom space at the newly-constructed Fremont Crossing Building project in Seattle, WA according to Pastakia + Associates, a Seattle-based development firm.
Kohl’s Responds To Director Nominations From Macellum Advisors
Kohl’s Corp. responded to the nomination of ten directors for election to the retailers’ Board of Directors by Activist investor group Macellum Advisors by noting that its Board now includes three independent directors that joined as part of a settlement with Macellum and other shareholders in April 2021.
Activist Investors Nominates 10 Candidates For Kohl’s Board
Activist investor group Macellum Advisors GP LLC has named the slate of 10 board members that it will nominate at Kohl’s Corp.’s next investor day, scheduled for March 7.
Canada Goose Lowers Guidance On Q3 Miss
Canada Goose Holdings Inc. reported earnings rose 49.2 percent in the third quarter ended January 2 as sales grew 26.2 percent. However, results were slightly below Wall Street’s targets and guidance was lowered for the year due to lower than expected revenue and retail traffic in APAC and EMEA in the current quarter, alongside new variant outbreaks and restrictions.
Academy Sports’ Debt Ratings Upgraded
S&P Global Ratings upgraded its debt ratings on Academy Sports + Outdoors, Inc. as the sporting goods chain “continues to post strong gains in sales and EBITDA resulting in better leverage.”
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