The parent company of the Bell, Bushnell, CamelBak, Fox, Giro, and Simms Fishing brands, and others appointed Naren Varatharajah as chief financial officer as part of a planned CFO transition. He succeeds Andy Keegan.
Category: Outdoor
EXEC: Bogner Sells Majority Stake to Katjes International
Bogner, the Munich-based luxury apparel and skiwear brand, has found a new majority investor in Katjes International, also based in Germany, known for its confectionery and body care products. The transaction is expected to be completed in September and remains subject to approval by antitrust authorities.
Study: Nearly Three-Quarters of U.S. Retailers Have Lost Profits Due to Tariffs
While 73 percent of companies plan to increase prices to offset the impacts of tariffs, 37 percent admit that it takes weeks or months to implement these price changes. The survey found that 30 percent of the average business costs of U.S. retailers surveyed were exposed to tariffs; this anxiety reflects a significant risk to profits.
Bass Pro Shops to Open Location in Osage Beach, Missouri
The retailer plans to open its ninth location in its home state of Missouri. The 75,000-square-foot store is scheduled to open in the central part of the state near the Lake of the Ozarks in Spring 2027 and anchor the future redevelopment of the Osage Beach Marketplace.
Johnson Outdoors Gets Fishing, Diving and Watercraft Lift in Fiscal Q3
Johnson Outdoors, Inc. reported earnings surged nearly five-fold in the fiscal third quarter ended June 27, with the benefit of reduced discounting and higher sales. Sales grew 5 percent in the second quarter, as gains in its Fishing and Diving segments. Sales in the Camping & Watercraft Recreation segment grew 3 percent, excluding the impact of the exit from the Eureka! business.
EXEC: Columbia Sportswear Delivers Dismal Outlook on Columbia Brand Struggles in U.S.
On its second-quarter analyst call, Tim Boyle, Columbia Sportswear’s chairman, CEO and president, warned that U.S. wholesale orders for the flagship Columbia brand would likely remain down at least through the first half of 2026 as efforts to revive demand for the brand are being undermined by conservative orders from retailers in the face of proposed tariffs.
EXEC: Black Diamond President Talks Impact of Pro Discounts, DTC Drop, FX, and Tariffs
Company President Neil Fiske said North American wholesale, the BDE’s largest market, was up 1.6 percent year-over-year (y/y). North America digital DTC, which represents about 17 percent of the region’s revenue, was down 20.1 percent y/y.
Newell Outdoor & Recreation Swings to Q2 Operating Profit Despite Sales Decline
The parent of the Marmot, Ex Officio, Stearns, Bubba, Coleman, and Contigo brands saw Q2 segment operating income of $8 million, or 3.4 percent of sales, compared with an operating loss of $11 million, or negative 4.3 percent of sales, in the prior-year Q2 period.
Farm to Feet Parent Nester Hosiery Acquires Assets of Fox River Mills
Following the close of the transaction, Fox River Mills will wind down Osage production, relocating manufacturing assets to Nester’s Mount Airy, NC headquarters.
EXEC: Safilo Sees Smith Optics Post Strong H1 Core Channels Growth
Blenders continued to be impacted by promotion-driven demand in the entry-level price segment but its performance showed an improvement compared to the first quarter. Smith’s Sports channel sales were said to be held back by a Safilo decision to to temporarily limit imports of new winter items from China.
Boot Barn Hikes FY Outlook as Q2 Results Fly Past Guidance
Boot Barn Holdings, Inc. lifted its guidance for the year after reporting second-quarter results that came in well ahead of expectations. Same-store sales jumped 9.4 percent and net earnings advanced 37.3 percent.
Black Diamond Parent Clarus Corp. Saw Weaker Q2 DTC Sales in NA and Europe
The parent of the Black Diamond, MaxTrax, Rhino-Rack, and RockyMounts brands reported that sales in the second quarter dipped year-over-year to $55.2 million, compared to $56.5 million in the 2024 second quarter.
Columbia Sportswear’s Q2 Results Top Expectations Despite U.S. Weakness
Columbia Sportswear’s sales in the U.S. slid 2 percent in the second quarter, but overall sales grew 6 percent with a boost from double-digit gains overseas and the loss in the quarter was lower than analysts expected. The outerwear giant also provided a “limited” outlook the year, projecting flattish revenues.
Trika Hires First VP of Sales to Lead Effort in Move to Wholesale Sales
David Bakken was most recently the VP of Aales at Ravin Crossbows, where he first joined as a sales manager in 2016. Previously, he was the National Accounts Manager at Feradyne Outdoors and held a similar role at Field Logic from 2013 to 2015.
Canada Goose Fiscal Q1 Revenues Climb 22 Percent on DTC Momentum
Canada Goose Holdings Inc. reported revenues jumped 22.4 percent in the fiscal first quarter ended June 29, boosted by a 23.8 percent gain in DTC sales. Wholesale sales grew 11.9 percent. The loss on an adjusted basis was slightly higher due to investments in opening new stores and marketing activities.
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