Michigan on May 30 became the first state in the Midwest to create an Outdoor Recreation Advisory Council.
Category: Outdoor
Dick’s Raises Guidance After Robust Q1
Dick’s Sporting Goods Inc. raised the company’s outlook for the year after reporting first-quarter earnings that came in well above Wall Street’s consensus target. Same-store sales dipped 2.5 percent.
What Does Canadian Tire-Helly Hansen Deal Mean For Outdoor Retail?
Canadian Tire Corp.’s recent $771 million acquisition of Helly Hansen resonated across the outdoor world for its sheer novelty—a retailer has never bought such an established, iconic brand at such an eye-popping price. But does it signal a trend of similar deals happening across the industry?
NRF Disappointed Over China Tariffs
NRF President and CEO Matthew Shay said in a statement, “China’s trade practices raise serious concerns, but job-killing tariffs aren’t the answer. As the U.S. and China prepare for another round of negotiations, we hope the administration has clearly defined objectives and concrete solutions to resolve this trade dispute without tariffs.”
Report: Eddie Bauer, Pacific Sunwear Exploring Merger
Eddie Bauer and Pacific Sunwear, both owned by private-equity firm Golden Gate Capital, could merge in a play that would shrink store count from their combined 700 locations, sources told Reuters.
American Hiking Society Announces 2018 National Trails Fund Recipients
The National Trails Fund gives trail clubs and land managers the necessary funding to complete critical trail projects across the country, thanks to the support of the fund’s Charter Sponsor, L.L.Bean.
United By Blue Launching Nationwide Cleanup Road Trip
From June to August, United By Blue will be co-hosting 21 cleanups across the country with retail partners and volunteers. By the end of 2018, the sustainable outdoor apparel and lifestyle brand will have performed a waterway cleanup in all 50 states.
Fox Racing Hires Pacific-Northwest Reps
Fox Racing has appointed NorthernMark Agency, based in Pleasanton, CA, as sales agency for the company’s Northern California/Northern Nevada region.
Aisle Talk Week Of May 21
Top headlines from the active lifestyle industry you may have missed this week.
Outdoor Project Announces Women In The Wild 2018 Series
Outdoor adventure and travel media platform Outdoor Project has announced the expansion of the company’s Women in the Wild series for summer 2018. The series, which celebrates femininity in the outdoors, is a collaboration of individuals, organizations and brands from across the outdoor industry. Women in the Wild will focus on fostering community over competition and redefining what it means to be a woman in the outdoors.
Sierra Trading Post Joins Warrior Dash As Official Outdoor Retail Partner
Warrior Dash, the 5k obstacle course race that more than 3 million participants have completed since 2009, and the race’s parent company, Red Frog Events, announced Sierra Trading Post as the official Outdoor Retail partner of Warrior Dash 2018.
Duluth Tradings Opens 37th Store In Portland, OR
Duluth Holdings Inc., the parent of Duluth Trading Company, announced the grand opening of the company’s 37th store in Portland, OR.
Dakine, Rob Machado Foundation, Mizu Unite In Clean Drinking Water Initiative
Dakine has partnered with the Rob Machado Foundation, Mizu Bottles and Reef to bring clean drinking water to public schools. The group kicked off the initiative with a recent event at Haiku Elementry School in Maui, HI, focused on keeping single-use plastic out of watersheds while giving children access to purified water.
LL.Bean Chairman Urges UNH Grads To Lead ‘Adventure-Filled” Lives
In his commencement address for the University of New Hampshire’s 2018 graduating class, Shawn Gorman, L.L.Bean’s chairman, called the outdoors “a critical antidote to this hyper-competitive, hyper-stressed, tech-driven world we live in.” While technology powers the world in wonderful ways, “it will never fill your soul like a sunrise in the mountains,” he said.
Kohl’s Delivers Blow-Out Q1 On Active Strength
Led by 10 percent comp growth in its active assortments, Kohl’s Inc. reported first-quarter earnings that easily topped Wall Street’s targets and lifted its guidance for the year. Nike, Under Armour and Adidas led the active gains and the department-store operator is planning a 30-store test that will see square footage dedicated to active expand by 40 percent.
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