PrimaLoft President and CEO Mike Joyce spoke with SGB about the company’s new synthetic insulation that is made from 100-percent recycled, biodegradable fibers. “We think this is a game changer,” he said, adding that “the technology will be a major revenue driver for us.” Our Q&A explains why.
Category: Outdoor
The Conservation Alliance Welcomes Browne Accounting
The Conservation Alliance has announced that Seattle-based accounting firm Browne Accounting has joined as the alliance’s newest member. In joining The Conservation Alliance, the full-service, virtual firm is helping to protect public lands for future generations.
REI Co-Op To Close All Stores Again On Black Friday, Thanksgiving
For the fourth year in a row, on Thanksgiving day and Black Friday, REI Co-op will close all 153 stores, process no online payments and pay more than 12,000 employees to “Opt Outside” with friends and family.
September Storms Have Minimal Impact On Southeast Lodging As Winter Season Begins
As of Sept. 30, bookings among participating properties for the winter season at destinations across five southeast states were strong, according to Inntopia in its most recent DestiMetrics Monthly Market Briefing.
Luxottica Group’s Sales Expand 3.5 Percent In Q3
Luxottica Group, the parent of Oakley, Ray-Ban and Sunglass Hut, reported net sales in the third quarter of 2018 were up 3.5 percent at constant exchange rates thanks to the strong performance of the Retail division and e-commerce platforms as well as solid growth in Europe, North America and Asia-Pacific.
Assos Of Switzerland Appoints Next CEO
Assos of Switzerland announced the appointment of Derek Bouchard-Hall as the next CEO of the iconic cycling brand. Phil Duff, current chairman and CEO of Assos of Switzerland, will be stepping down as CEO, but maintaining his role as chairman of the board.
Columbia Sportswear Appoints Gap’s Former CFO To Board
Columbia Sportswear Company announced that the company’s board of directors has elected Sabrina Simmons to serve as a director and member of the Nominating and Corporate Governance and Compensation Committees, effective immediately.
Vans, Adidas And Lululemon Finding Teen Love
Vans became the fastest-growing brand in Piper Jaffray’s semi-annual Taking Stock With Teens survey while overtaking Nike as the No. 1 footwear brand among upper-income females. But Nike/Jordan improved mindshare as “top trend” and positive momentum with teens was also seen for Adidas, Lululemon, Champion, Crocs and several other brands in the active lifestyle space.
Honey Stinger Secures Equity Investment
Honey Stinger, the manufacturer of honey-based nutritional products, announced an equity investment by Factory LLC.
Royal Robbins Closing Modesto Distribution Center
Royal Robbins will be closing the company’s distribution center in Modesto, CA, according to The Modesto Bee. The planned closing follows the sale of the company to Fenix Outdoor International in late March.
Holden Outerwear Partners With Backbone Media
Holden, the California-based outerwear company founded by snowboard legend Mikey LeBlanc and designer Scott Zergebel, announced the company is teaming up with Backbone Media to drive the company’s public relations.
Jessica Wahl Receives NOLS Stewardship Award
On October 13, 2018, NOLS presented the group’s annual Stewardship Award to Jessica Wahl, government affairs manager for the Outdoor Industry Association (OIA). The NOLS Stewardship Award, given annually since 1990, recognizes individuals who have demonstrated exceptional stewardship of public lands and the environment.
Vans Begins Journey To $5B In Style By Driving VF Corp.’s Strong Q2
The path that Vans will travel en route to $5 billion in annual revenue by 2023 is sure to be strewn with economic headwinds and market deviations along the way, but the action lifestyle brand is kicking off its quest toward that ambitious destination in style. Vans revenue grew 26 percent in the second quarter ended September 29, boosting parent company VF Corp.’s revenue 15 percent to $3.9 billion for the period.
The North Face Sees Lifestyle Offerings Driving Q2 Momentum
With continued over-sized growth for The North Face in the EMEA region and some improvement in the Americas in the second quarter due to strengthening demand for lifestyle apparel offerings, VF Corp. slightly raised the company’s sales outlook for the outdoor brand for the current fiscal year.
Timberland’s Struggles Continue In Q2
Timberland saw a small sales decline in the second quarter ended September 30 due to the impact of a customer bankruptcy in the workwear channel and the timing of shipments. VF Corp., the brand’s parent, still expects Timberland to show a gain of 2 to 4 percent in fiscal 2019.
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