360 Adventure Collective, formerly Eastern Outdoor Reps Association (EORA), bids farewell to its long-time Executive Director, Debbie Motz effective March 2020. Motz will retire after more than 30 years with the organization.
Category: Outdoor
PSEB Group Announces CEO Transition
PSEB Group, an operating company composed of Pacific Sunwear of California and Eddie Bauer, announced that Mike Egeck will be stepping down as CEO, effective February 4, 2020, to pursue a new opportunity outside of the apparel industry and be geographically closer to his family. PSEB director Jim Gulmi will serve as nterim CEO.
VF Corp Reduces Full-Year Guidance After Q3 Revenue Miss
VF Corp cut its full-year revenue and profit forecast on Thursday after missing Wall Street estimates for third-quarter revenue due to a shortfall in the U.S. On a currency-neutral basis in the quarter, sales grew 13 percent at Vans, 4 percent at The North Face and 13 percent at Dickies. Timberland’s sales were down 5 percent.
Snow Peak Appoints Chief Revenue Officer
McGibbon most recently led Yakima Product’s sales organization as vice president of sales.
Snowsports Industries America Testifies Against Tariffs
This week, Snowsports Industries America (SIA), at a hearing at the International Trade Commission in Washington, D.C., urged the Commission to reconsider their approach to the List 4 tariffs proposed on over $300 billion worth of Chinese goods.
Milliken To Acquire Borchers
Milliken & Company, which acquired Polartec in June 2019, signed an agreement to acquire Borchers Group Limited, a specialty chemicals company known for its coating additives and specialty catalyst solutions.
Tough Mudder Consents To Bankruptcy Proceedings
The majority shareholder of Tough Mudder, Will Dean, and the endurance event’s board of directors have consented to bankruptcy proceedings for the company as well as a sale to Spartan Race.
CODI’s Debt Ratings Upgraded
The corporate family debt ratings of the parent of 5.11 Tactical, Velocity Outdoor and Liberty Safe were upgraded to Ba3 from B1 and the probability of default rating (PDR) lowered to Ba3-PD from B1-PD.
National Geographic Celebrates 50th Anniversary of Earth Day With Two World Premiere Specials
National Geographic plans to celebrate the 50th anniversary of Earth Day on April 22 with two primetime global specials: Born Wild: Earth Day Live and Jane Goodall: The Hope.
Vail Resorts Seeing Total Skier Visits Decline
Vail Resorts Inc. reported season-to-date total skier visits were down 7.8 percent compared to the prior year season-to-date period. The company continues to expect EBITDA for fiscal year 2020 to be within past guidance given strong season pass sales and the recently improved conditions at Whistler Blackcomb and Stevens Pass.
Emerald Expositions Appoints CFO
Emerald Expositions Events Inc., the parent of Surf Expo, Outdoor Retailer and other trade shows, announced that David Doft will become its chief financial officer.
Industry Groups Welcome USMCA Trade Deal Signing
OIA, NRF, AAFA and FDRA were among the trade associations that welcomed Thursday’s Senate passage of the U.S.-Mexico-Canada (USMCA) Agreement.
Canadian Tire Appoints CFO And New Leader Of Banking Unit
Canadian Tire Corporation Limited announced two senior executive appointments: Gregory Craig as executive vice-president and chief financial officer (CFO), CTC; and Mahes Wickramasinghe as president, Canadian Tire Financial Services (CTFS) and president and CEO, Canadian Tire Bank.
Rates Keep Rising At Western Mountain Resorts
Generous snowfall and good slope conditions throughout most of the U.S. western resorts along with less than ideal conditions in other regions is helping to buoy lodging rates even as occupancy figures continue to slip, according to DestiMetrics’ monthly Market Briefing from Inntopia.
Jim Pisani Steps Down As Timberland’s President
VF Corporation announced that Jim Pisani has decided to step down from his role as global brand president, Timberland. He plans to move to the Midwest U.S. to be closer to his family.
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