Bogs’ sales were down 5.3 percent on a wholesale basis for the third quarter as shipments shifted later into the fall season. But parent Weyco Group still expects the outdoor shoe brand to deliver an increase in revenue for the year.
Category: Outdoor
Yue Yuen’s Revenues Climb 13 Percent In October
Yue Yuen Industrial Limited reported revenues rose 13.2 percent in October to $885.3 million from $782.0 million a year ago.
American Alpine Club Engages Veteran Community
The effort – led in large part by active-duty military members of the American Alpine Club – seeks to engage the veteran community by offering discounted club membership, hosting veteran-focused climbing events, and promoting wellness and camaraderie through the pursuit of climbing.
Evo Enters Canada With Whistler Village Sports Acquisition
Evo, the action sports and outdoor retailer, announced the completion of its purchase of Whistler Village Sports Ltd. and their five retail locations in Whistler, British Columbia.
Clarus Enters Skincare Category With Asset Acquisition Of SKINourishment
Clarus Corporation announced the acquisition of the assets of SKINourishment Inc., the parent of climbOn. The acquisition provides an entry into the skincare category which, along with other sport-enhancing products, is a strategic focus of the company and a newly targeted high-growth potential category.
Escalade Sports Acquires Victory Tailgate
Escalade Sports, a wholly owned subsidiary of Escalade Inc., announced that it has acquired Victory Tailgate, a brand known for its premium licensed and custom tailgating games. The acquisition will significantly strengthen Escalade Sports’ leadership in the tailgating and lawn games’ categories.
Crocs’ Stock Jumps As Turnaround Gains Further Traction
Shares of Crocs Inc. jumped $5.91, or 27.6 percent, to $27.35 on Thursday after the company reported earnings that flew past Wall Street’s targets on 13.7-percent growth in the Americas region and meatier gross margins. Guidance was sharply lifted for the year.
Canadian Tire Touts Growth Potential For Helly Hansen, Looks To Reset Sport Chek
On its third-quarter conference call, Canadian Tire officials indicated that Helly Hansen, acquired in early July, is off to a “good start” with its integration process and should find a bigger presence across the company’s Canadian stores by mid-2019. They also laid out plans for Sport Chek to re-merchandise departments by categories instead of by brand, expand private labels, and improve inventory productivity.
Leatherman Tool Group To Sell Ledlenser
Leatherman Tool Group (LTG) announced it will sell Ledlenser GmbH & Co. KG of Solingen, Germany, the maker of Ledlenser LED lights to Afinum.
Dick’s To Kick Off The Holiday Season With ‘Biggest Black Friday Week Ever’
Dick’s Sporting Goods said it will be holding its “Biggest Black Friday Week Ever” with stores opening on Thanksgiving at 6:00 p.m. The retailer will also be offering Cyber Week deals online and “Hot Holiday Deals” at dicks.com and in-store throughout the holiday season.
Direct Alpine Seeking Brand Ambassadors
Direct Alpine, the technical outdoor brand based in the Czech Republic, is currently enlisting athlete ambassadors to represent the brand in the United States, in return for free gear and commissions for each sale made.
Keen Appoints VP Of Product Design And Innovation
Keen, Inc. welcomed Chris Pawlus, formerly at Timberland, as its new VP of product design and innovation. In his new role, Pawlus will oversee the innovation team and the product design team for Outdoor, Lifestyle and Kids (OLK).
United By Blue Announces Series A Financing
United By Blue, the outdoor brand known for sustainable products that support ocean and waterway conservation, has raised a Series A financing round. The round was led by Emil Capital Partners with participation from CircleUp, Golda Darty, Connected VC, Patient Capital Collaborative, amongst others.
REI To Invest $1 Million In Thrive Outside Program
REI Co-op is investing $1 million in the Outdoor Foundation, the charitable arm of Outdoor Industry Association, to support the Thrive Outside program, designed to help young people’s social, emotional and academic development through the outdoors. REI joins VF Corp., Patagonia and Thule, which all made significant multi-year pledges during Outdoor Retailer Summer Market in July.
Duluth Trading Opens Store In South Portland, Maine
Duluth Trading announced the grand opening of its 45th store in South Portland, Maine.
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