Category: Outdoor

Building on its Aspen, CO retail “pop-up” boutique’s success, Rossignol opened a larger, permanent store in downtown Aspen.

Wolverine World Wide Inc. reported sales were down 16.1 percent in the fourth quarter and earnings also were below year-ago levels but results were ahead of Wall Street’s targets and the company predicted an “accelerated recovery” in 2021. Owned eCommerce revenue grew 50 percent in 2020.

Belk Inc., as expected, filed for bankruptcy protection in  Houston, TX commencing “Pre-Packaged, One Day” reorganization. The plan calls for the reduction of $450 million in debt from the department store’s balance sheet and a $225 million capital infusion, supplied by Belk lenders and its private-equity owner Sycamore.

REI announced that it has both identified the first of its future satellite offices in Issaquah, WA and will test a model that allows employees to work up to five days a week from home. The moves follow REI’s sale last September of its newly completed corporate campus in Bellevue, WA, with plans to shift to a more distributed work model.

Winmark Corporation, the parent of Play It Again Sports, reported net income for the year ended December 26, 2020 of $29.8 million, or $7.72 per share, down 7.2 percent compared to net income of $32.1 million, or $7.84, in 2019.

The TJX Companies, Inc. reported same-store sales were down 3 percent in the fourth quarter ended January 30 and turned positive in January.

Page’s Clarksville Sporting Goods in Clarksville, TN will close its doors on March 15 after 44 years in business.

Orvis welcomed former Backcountry and Athleta executives, Jill Layfield and Sheila Shekar Pollak to its board of directors, effective immediately.

Dick’s Sporting Goods has quietly closed its two-level store at the Northlake Mall in Charlotte, NC, according to a report from the Charlotte Business Journal.

VF Corporation was recognized by Ethisphere as one of the 2021 World’s Most Ethical Companies.