Under the agreement, Bass Pros Shops will become the title sponsor of the Collegiate Bass Fishing Series, as well as the title sponsor of the Big Bass Bash presented by Berkley event and the prestigious School of the Year program.
Category: Outdoor
Retail Jobs Grew 18,600 In November
Retail industry employment in November increased by 18,600 jobs seasonally adjusted from October, accounting for 12 percent of the 155,000-job increase reported by the Labor Department for the economy overall, the National Retail Federation said.
PeopleForBikes Approves Latest Round Of Community Grants
The PeopleForBikes Coalition board of directors approved eight grants to improve places for bikes, welcomed a trio of new board members and discussed 2019 priorities at its semi-annual meeting Nov. 29 in Boulder, CO.
Burley Provides Free Bikes To Children In Need
Burley Design, known for itsoutdoor recreational transport gear, is sponsoring the Free Bikes for Kidz initiative in the local Eugene and Springfield community to distribute bikes to children in need.
Vail Resorts Announces $175 Million To $180 Million In Capital Investments
Vail Resorts Inc. on Friday today announced that the company plans to invest approximately $175 million to $180 million in the guest experience in time for the 2019-20 winter ski and snowboard season across its network of 18 resorts.
Chinese Investor Consortium Reaches Agreement To Acquire Amer Sports
A consortium led by China’s Anta Sports made an offer to acquire Finland’s Amer Sports in a deal that values the company at €4.6 billion (US$5.23 billion) and Amer’s board is recommending shareholders approve the offer. The consortium plans to operate Amer Sports independently from Anta, with a separate board of directors.
Aisle Talk Week Of December 3
Top headlines from the active lifestyle industry you may have missed this week, including big news from trade show owner Emerald Expositions, which canceled Interbike (pictured) for 2019 and also shortened Outdoor Retailer Summer Market and Winter Market from four days to three days.
Retail Disappoints In Duluth Trading’s Q3
Shares of Duluth Holdings Inc. tumbled $6.03, or 19.9 percent, to $24.33 Friday following the company’s mixed third-quarter results. Although the company’s revenue was up 27.4 percent to $106.7 million—which beat Wall Street’s target by $2 million—there is concern on the retail side.
Johnson Outdoors Sees Record Annual Results
Johnson Outdoors announced all-time high revenue and earnings for the second consecutive fiscal year. Strong marketplace demand for new products in the company’s core Fishing and Diving brands propelled an 11 percent increase in sales as operating profit grew 38 percent and net income rose 16 percent over the prior fiscal year. The seasonally slow fourth quarter net sales nearly equaled prior year results.
Vail Resorts Season Pass Sales Ahead Double-Digits
Vail Resorts widened its loss in the first quarter but noted that season pass sales through December 2, 2018 for the upcoming 2018/2019 North American ski season increased approximately 21 percent in units and 13 percent in sales dollars.
Emerald Expositions Cancels Interbike For 2019, Terminates Show Staff
Emerald Expositions, the owner of the annual Interbike show, announced Thursday evening that the Interbike trade show will not take place in September 2019 in Reno, NV, as previously scheduled.
Polartec Announces 2018 Apex Design Award Winners
Polartec announced the winners of its 2018 Polartec Apex Awards, an annual design award program celebrating the finest products made from Polartec fabrics.
The Thru-Hike-Syndicate Opens Application Period For Sixth Season
Vasque announced the kick-off of the sixth season of the Thru-Hike Syndicate, a brand partner-powered program supporting a select group of thru-hikers attempting to complete the longest trails throughout North America.
Fischer Restructures U.S. Organization
Fischer Sports GmbH, one of the world’s largest ski manufacturers, announced a restructuring of the U.S. subsidiary based in Auburn, NH effective immediately. Fischer global CEO Franz Foettinger assumes oversight of the U.S. organization in the wake of the departure of former U.S. CEO, Ryan Leach.
Duluth Trading’s Q3 Sales Expanded 27 Percent
Duluth Holdings Inc., the parent of Duluth Trading, reported a wider loss in the third quarter but they were in line with expectations. Sales grew 27.4 percent.
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