About 600 adult tricycles from TerraTrike are being recalled.
Category: Outdoor
Vail Resorts’ Shares Slip After Q4 Revenue Miss
Shares of Vail Resorts Inc. fell $11.71, or 4.1 percent, to $274.42 at market close Friday after the company reported revenue of $211.6 million for the fiscal fourth quarter ended July 31 missed Wall Street’s revenue target by $1.7 million. The Broomfield, CO-based did beat analysts’ earnings expectations by 18 cents.
Aisle Talk Week of September 24
Top headlines from the active lifestyle industry you may have missed this week, including Amazon opening Amazon 4-star, a new physical store where everything for sale is rated four stars and above, is a top seller or is new and trending on Amazon.com.
Active-Lifestyle Well Represented On The Inc. 5000
Peloton, Bombas, Klymit, Xero Shoes and Hyperice were among a number of companies in the active-lifestyle space landing on The Inc. 5000, the magazine’s annual ranking of the fastest-growing private companies in America.
Vail Resorts Q4 Loss Widens, Annual Earnings Expand
Vail Resorts Inc. reported that its losses in the fourth quarter ended July 31 grew to $83.7 million, or $2.07 a share, from $57.1 million, or $2.07, a year ago. Results were better than Wall Street’s consensus target of a loss of $2.26. Sales increased 1.2 percent. Resort Reported EBITDA growth for the year grew despite “very challenging conditions” in the western U.S. this past winter.
SGB Executive Q&A: Burton Snowboards CMO Sarah Crockett
Sarah Crockett, Burton Snowboards’ newly appointed chief marketing officer, spoke with SGB this week—her second on the job and third in Burlington, VT—about her new role, balancing Burton’s heritage story with the company’s desire to constantly innovate and the importance of diversity in the boardroom.
DPS Skis Hires European Sales Manager
DPS, makers of ski products, recently hired Louis Boudrias as part of the company’s internal sales team expansion. Boudrias will serve as the brand’s European sales manager.
Colorado Teardrops Announces Expansion And Relocation
Colorado Teardrops, specializing in premium teardrop style trailers, announced that it’s relocating its headquarters to a new building on October 1, allowing for further expansion as the company grows.
Vasque Names Allison Gettings VP And General Manager
Vasque Footwear, part of the Red Wing Shoe Company, announced that Allison Gettings has been named vice president and general manager of Red Wing Vasque. George Curleigh, who has served as vice president and general manager for Vasque and Red Wing Heritage for two years, will pivot to focus exclusively on the global growth of Red Wing Heritage.
Vail Resorts Closes Its Acquisition Of 3 Resorts
Vail Resorts Inc. on Thursday announced that the company has closed on its acquisition of Triple Peaks LLC, the parent company of Okemo Mountain Resort in Vermont, Mount Sunapee Resort in New Hampshire and Crested Butte Mountain Resort in Colorado.
Panelists Announced For IHRSA Women’s Leadership Summit At AB Show
Panelists have been announced for the IHRSA Women’s Leadership Summit, hosted by Athletic Business, on Thursday, November 8, at the Ernest N. Morial Convention Center in New Orleans, LA.
Amazon Opening Store For 4-Star Rated Products
Amazon on Thursday opened Amazon 4-star, a new physical store where everything for sale is rated 4 stars and above, is a top seller, or is new and trending on Amazon.com.
Woolmark Appoints PR Agency
The Woolmark Company has hired Backbone Media to manage the company’s U.S. public relations activity in the sports and outdoor arena.
Bass Pro Sues Startups From Ex-Cabela’s Employees
Bass Pro is suing two startup retailers in Sidney, NE, started by former Cabela’s managers, charging they stole proprietary information and violated non-compete agreements in starting their businesses.
Timberland Hosts 21st Annual Serv-a-Palooza
Timberland is hosting the company’s annual Serv-a-Palooza volunteer initiative in more than 19 countries throughout the months of September and October. Timberland employees, partners and community members will address community-based needs around the globe from the company’s headquarters in Stratham, NH to Milan, Hong Kong, Mexico City and beyond.
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