Vail Resorts Inc. lowering its earnings guidance for its fiscal year ending July 31, 2019, primarily due to the disappointing results from destination visitation in the pre-holiday period and also due to shortfalls from expectations at our Tahoe resorts and Whistler Blackcomb.
Category: Outdoor
Edelrid North America Appoints New Sales Leadership In The Rockies
Edelrid has appointed Vertical World Sales as its new sales leadership responsible for serving the Rockies Territory, covering Colorado, Utah, Wyoming, and New Mexico.
Edelrid North America Announces New Vice President
Edelrid, the manufacturer of technical climbing gear, announced the promotion of Blair Williams to vice president of their North American operations, effective immediately.
Patagonia, L.L. Bean Near Top Of Reputation Rankings
Patagonia ranked third and L.L. Bean fourth in this year’s Axios Harris Top-100 Poll’s survey ranking the public’s perception of the 100 most visible U.S. companies. Nike, Adidas, Under Armour and Dick’s Sporting Goods also landed on the list.
Smith Welcomes Connor And Parker Coffin To Global Surf Team
Smith has added Conner and Parker Coffin to its team of surf athletes.
National Park Service Visitation Tops 318 Million In 2018
Visitation to America’s national parks in 2018 exceeded 300 million recreation visits for the fourth consecutive year. The 318.2 million recreation visits total is the third highest since record keeping began in 1904.
Bogs Sees Revenues Rebound In 2018
Wrapping up a bounce-back year, Bogs saw sales surged 34 percent in the fourth quarter to wind up ahead 10 percent in the year. The brand finally benefited from timely winter weather while also finding success extending into non-winter styles.
Kohl’s Seeing Share Gains In Active, Adding Nike Plus-Sizes
Kohl’s Corp said it continued to see strong momentum across its Active categories in the fourth quarter. The retailer also said that its test of expanded Active areas will be extended to 160 stores and Nike plus-size offerings will arrive this spring.
Bogs Revenues Jump 34 percent In Q4
Weyco Group Inc. reported wholesale revenues at Bogs jumped 34 percent in the fourth quarter. Overall sales were $89.6 million, an increase of 12 percent compared to fourth quarter 2017 net sales of $80.3 million.
Patagonia Hires Former General Counsel Of EPA
Patagonia said is has hired Avi Garbow, the Environmental Protection Agency’s longest-serving general counsel, as environmental advocie to “ensure we are doing everything we can to protect our planet.”
Utah Cycle Shop Acquired By Robert DeMartini
Park City Bike Demos has been acquired by Robert DeMartini, the former CEO of New Balance who are recently appointed CEO of USA Cycling.
Harley-Davidson Acquires StaCyc
Harley-Davidson Inc. has acquired StaCyc, Inc., producer of the 12 and 16 EDRIVE, electric-powered two-wheelers specifically designed for kids.
Rocky Brands Announces New Share Repurchase Program
Rocky Brands Inc. announced that its board of directors has approved a new share repurchase program of up to $7.5 million of the company’s outstanding common stock.
Four Questions: Matt Highby, President, Highby Outdoors
In early February, a number of former Cabela’s employees, led by Matt Highby, officially launched Highby Outdoors, an e-commerce site focusing on hunting and outdoor gear. SGB talked to Highby about what inspired the concept.
U.S. And China Near Deal
The U.S. and China are close to a trade deal that could lift most or all U.S. tariffs, according to multiple reports.
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