September M&A Roundup: Ski Resort Consolidation Ramps Up

Signs of the coming ski season are evident in many North American mountain towns, where fall foliage is peaking, snowmaking has begun at some resorts and a new crop of ski and snowboard films is hitting theaters. Ski area operators are especially active these days, of course, but not only from fine-tuning their chairlifts and hiring seasonal staff. They have been busy expanding their empires.

Relief Over Recast NAFTA Deal

With fears over the arrangement being scrapped entirely, relief arrived after the U.S., and Canada came to a last-minute agreement on a revised trade deal that could replace NAFTA. While the dairy and auto industries will face some changes, the impact on the apparel and footwear sectors appears negligible.

Timberland Opens Experiential Pop-Up In NYC

Timberland opened the doors to the company’s first experiential pop-up store on New York’s famed Fifth Avenue, at 43rd Street. The concept store reflects the brand’s 45-year heritage through the lens of nature–living trees, natural earth terrariums, an over-sized living green wall–and experiential weather moments to inspire the community to embrace the outdoors in the city.

North Face Presents “Free Solo” Speaker Series Tour

The North Face announced the Free Solo Speaker Series tour, featuring professional athletes Alex Honnold and Jimmy Chin. Through the eyes and lens of filmmaker/climber Jimmy Chin, the audience will follow climber Alex Honnold’s two-year journey to achieve the greatest climbing feat the world has ever seen – climbing 3,200 feet of El Capitan in Yosemite National Park without a rope.

Yeti IPO Shows Revenues Bouncing Back

Yeti is taking the company’s second crack at going public after seeing sales plunge 22 percent in 2017 and witnessing a robust recovery so far this year. The slowdown was caused by over-buying by retailers that led to a glut of inventory in the marketplace as well as a challenging retail marketplace, in part caused by the delay in the merger of Bass Pro and Cabela’s and several retailer bankruptcies.

Pacific Market International Names New CEO and New Sales Leadership

After 35 years at the helm, Pacific Market International (PMI) founder Rob Harris is proud to announce Bob Keller’s appointment as the new CEO. Effective immediately, Keller is responsible for day-to-day operations of the company, reporting to the board of directors, while Harris transitions to the role of PMI’s chairman of the board.

Sun & Ski Sports To Open At La Plaza Mall

Sun & Ski Sports will open the company’s newest location at the Valley’s leading shopping destination, McAllen’s La Plaza Mall, in November 2018. This will be the first store in the Rio Grande Valley for the Texas based retailer.

Outdoor Project Recaps Successful Second Year Of Women In The Wild

Outdoor adventure and travel media platform Outdoor Project publicly announced the results of the platform’s Women in the Wild 2018 series. By the numbers, the campaign included four giveaways through the platform’s website and Instagram channel featuring prizes from 38 participating brands worth $20,000.

Ski Industry Releases 2018 Annual Environmental Report

The National Ski Areas Association (NSAA) has released the association’s 18th Sustainable Slopes Annual Report detailing the ski industry’s progress in implementing the principles of the association’s Environmental Charter during the 2017-18 season.

Birkenstock To Open First U.S. Store

Birkenstock announced the company has opened its first company-owned retail store in the United States. The store is located at 120 Spring Street in the historic SoHo neighborhood of lower Manhattan.

Yeti Re-Files For An Estimated $300 Million IPO

Yeti Holdings again filed on Friday with the SEC to raise up to $100 million in an initial public offering. However, the deal size is likely a placeholder for an IPO that we estimate could raise upwards of $300 million. Yeti had previously filed to raise the same amount in July 2016, but withdrew the company’s initial filing in March of this year.