Outdoor Research, the Seattle-based manufacturer of industry leading outdoor apparel and gear, hired Andy Burke as head of commercial sales. Burke comes to his new post from Prana, where he worked for more than six years as its national sales manager. In addition, Outdoor Research hired Dan Petersen as senior manager of corporate sales.
Category: Outdoor
Heidi Prior Joins America Outdoors As Business Development Specialist
America Outdoors, the leading association of outfitters, is pleased to introduce the newest member of the AO team, Heidi Prior, who will step into a new role as business development specialist.
Gazelle Bikes Expands Sales Team, Hires Jim Mercier As Eastern Regional Sales Manager
Gazelle Bikes, the 125-year-old Dutch brand, has bolstered the company’s sales management team with the hiring of Jim Mercier as Eastern regional sales manager to help meet the increased demand and growth goals of their line of electric bikes.
Yuba Bicycles Names Jeff Wuerthele Eastern U.S. Sales Representative
Yuba Bicycles, makers of electric and pedal powered cargo bikes, has hired Jeff Wuerthele as a sales representative for the Eastern U.S. effective immediately. Wuerthele will be responsible for developing dealer relations and consumer demand throughout the region.
VF Corp. CEO Steve Rendle Honored By Corporate Responsibility Magazine
VF Corp. on Thursday announced that the company’s chairman, president and CEO Steve Rendle has been recognized by Corporate Responsibility (CR) Magazine as a Responsible CEO of the Year. The annual awards are given to corporate leaders who are committed to a progressive environmental, social and governance agenda.
Helly Hansen & American Magic To Take On The America’s Cup
Helly Hansen, the Norway-based global leader in sailing, on Thursday announced a partnership with New York Yacht Club American Magic, the U.S. Challenger for the 36th America’s Cup, the highest prize in international sailing.
Duluth Holdings Opens 43rd Store in Greensboro, NC
Duluth Holdings Inc. (dba, Duluth Trading Company) on Thursday announced the grand opening of the company’s 43rd store in Greensboro, NC. The store is located at 5400 Hornaday Road, Greensboro, NC, 27407.
Amer Sports Profits Jump In Q3
Amer Sports reported earnings in the third quarter jumped 47.0 percent as sales gained 8.5 percent. The gains were led by the Outdoor segment which saw sales expand 12 percent on a currency-neutral basis. The Ball Sports segment was ahead 4 percent and Fitness segment was flat.
Wall Street Journal: Berkshire Partners Considering Sale Of Implus
Berkshire Partners is exploring a sale of Implus LLC, the parent of Sof Sole, Balega, SKLZ, Triggerpoint and a number of other brands in the accessories space, the Wall Street Journal reported. Berkshire has hired Robert J. Baird and Jefferies LLC to run an auction that could value Implus at about $1 billion, the article said.
Shimano’s Q3 Profits Sink On Cycling Weakness
Shimano Group reported operating income fell 15.4 percent in the third quarter ended September 30 due to lower revenues and earnings in the company’s cycling division. In North America, sales of Bicycle Components in the nine months at retail were “on par with an average year and distributor inventories remained at an appropriate level.”
Behind The Deal: Hayes Fills Portfolio Gap With Reynolds Acquisition
SGB goes behind the scenes of Hayes Performance Systems’ acquisition of carbon wheel maker Reynolds Cycling LLC, a deal that closed on Tuesday and was announced on Wednesday. Darren Campbell of Hayes Bicycle Group and Scott Montgomery of Reynolds explain why uniting their companies made perfect business sense.
Columbia Extends UTMB Trail Running Sponsorship
Columbia Sportswear has announced a three-year extension of the company’s partnership between the Columbia brand and the Ultra-Trail du Mont-Blanc (UTMB).
Peak Resorts Pre-Season Pass Sales Grow 22 Percent
Peak Resorts Inc., a Wildwood, MO-based owner and operator of U.S. ski resorts, on Wednesday reported that through October 19, pre-season sales of the company’s 2018/2019 Peak Pass increased 19 percent on a unit basis and 22 percent on a revenue basis, compared to the prior year.
Hayes Performance Systems Acquires Reynolds Cycling LLC
Hayes Performance Systems representatives announce the acquisition of Reynolds Cycling LLC, maker of premium carbon wheels. Financial terms of the deal were not disclosed.
John Lacy Named Co-CEO Of Burton With Donna Carpenter
Burton on Wednesday announced that the company’s current president, John Lacy, will now share the CEO role with Burton’s co-owner and current CEO, Donna Carpenter. The new co-CEO structure is a natural evolution for Carpenter and Lacy, who have run Burton in partnership for nearly three years.
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