Wrote Rich Harper, manager of international trade at OIA, in a note to members, “Backpacks, sports bags, bikes and gloves – essential gear for many outdoor activities–already face import tariffs as high as 20 percent. Additional tariffs will only raise costs for outdoor companies and consumers and threaten the growth of the outdoor recreation economy that supports 7.6 million American jobs.”
Category: Outdoor
Accell Group Fully Acquires Velosophy
Accell Group announced that the company has increased the company’s minority stake in Velosophy B.V. to 100 percent. Dutch company Velosophy is a fast-growing player in e-cargo bike solutions for consumers and the business market.
Reasonworx Makes Key Hires
Reasonworx, the fast-growing, business and product development firm based in Salt Lake City, announced additions to the company’s collective talent pool.
Peak Resorts Fights Off “Extreme Weather” To Wrap-Up Solid Ski Season
Helped by strong appeal of the company’s Peak Pass and late winter weather that kept some of the company’s Northeast resorts open into April, Peak Resorts reported revenues rose 9.3 percent in the fourth quarter ended April 30.
Aisle Talk Week Of July 9
Top headlines from the active lifestyle industry you may have missed this week, including Fabletic’s big hires and ambitious plans to reach 100 stores.
RECALL: Burton Snowboard Boots
About 4,800 pairs of Burton Step On snowboard boots are being recalled. The boots can release from the binding unexpectedly, posing a fall hazard to the user.
Deutsche Bank Sees Momentum At Vans, Bounce Back For North Face
Deutsche Bank Research initiated coverage of VF Corp. with a “Buy” rating in part because the firm sees Vans continuing to benefit from healthy streetwear trends in the years ahead while The North Face appears ready to re-accelerate growth.
Conservation Alliance Announces 2018 Outstanding Partnership Awards
REI, Nau and Justin Bailie Photography are the winners of The Conservation Alliance Outstanding Partnership Awards for 2018.
Nau Appoints National Sales Manager
Nau International announced the addition of seasoned outdoor sales professional Jeff Krahenbuhl to the company’s U.S. team. In his new role as national sales manager, Krahenbuhl will oversee the current sales structure for Nau and Blackyak and bolster both brands’ U.S. wholesale growth strategy.
VF’s Earns National Recognition in Diversity MBA Ranking
VF Corporation has been named one of the 50 “Best Places for Women & Diverse Managers to Work” in 2018 by Diversity MBA, a national leadership organization.
Unifi To Sponsor Pac-12 Championship
The Pac-12 and Unifi Inc. announced a long-term partnership, with Unifi serving as the founding sustainability partner of Pac-12 Team Green and as a sponsor of the Pac-12 Sustainability Conference.
Peak Resorts Reports Record Fiscal 2018 Fourth Quarter Revenue
Timothy D. Boyd, president and chief executive officer, said, “Although the winter brought significant weather-related challenges, our results from the 2017/2018 ski season, which spanned 145 operating days from its beginning in November to its end in April, demonstrate the value of our Peak Pass in adding stability to our financial performance.”
GoPro Celebrates Two Milestones
GoPro Inc. said the company has sold more than 30 million Hero cameras since the debut of its first HD model in November 2009. The company also said the Hero5 Black cameras is the best-selling GoPro in record time.
Duluth Holdings Opens 39th Store In Arlington
The store will be Duluth Trading’s third Texas location.
Mountain Khakis Hires Sales Reps For Rockies And Northwest
Mountain Khakis retained Annie DeWaters for the Rocky Mountain region and region, Linda Di Lello Morton and Brian Morton for the Northwest.
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