Clarus Corp., parent company of Black Diamond, Sierra Bullets and Pieps, reported net income for the first quarter ended March 31 improved to $0.4 million, or 1 cent per share, compared to a net loss of $1.5 million, or a loss of 5 cents per share, the same quarter a year ago.
Category: Outdoor
Poor Weather, Toys “R” Us Liquidation Stymie Dorel Sports In Q1
Dorel Industries executives blamed “poor cycling weather” and financial fallout from the Toys “R” Us liquidation as the primary drivers for Dorel Sports segment revenue declining 3.5 percent in the first quarter.
American Alpine Club Announces 2018 ‘Excellence in Climbing’ Honors And Benefit Evening
The American Alpine Club, the country’s oldest and largest climbing and mountaineering member organization, has announced the organization’s 2018 inductees to the Hall of Mountaineering Excellence and the winner of the 2018 H. Adams Carter Literary Award.
Upventur Acquires Outdoor Adventure App Yonder
Upventur, a social platform for the outdoor and travel space, has acquired Yonder, an app built to inspire and enable the love of the outdoors. Terms were not disclosed.
Gore-Tex Names Climber Alex Megos To Global Athlete Team
Gore-Tex has named climber Alex Megos to its global athlete team.
Adidas Outdoor Re-Signs Climber Kai Lightner To Athlete Team
Adidas Outdoor USA has re-signed climber Kai Lightner, 18, to the company’s team of athletes. Lightner is a 10-time national champion in the USA Climbing youth circuit and won four Pan American Championship titles. Last year, Lightner took first and second place in the adult lead and bouldering national championships as one of the youngest competitors in the field.
Dick’s Sporting Goods To Open Four New Stores In May
Dick’s Sporting Goods will be open four new Dick’s Sporting Goods stores in May. The stores are in Aurora, CO (grand opening ceremonies are May 19-20), West Long Branch, NJ (May 25-27), Gurnee, IL (May 25-27), and McAllen, TX (May 25-27).
Bogs Sales Slip 2 Percent In Q1
Weyco Group Inc. reported sales at Bogs were down 2 percent in the first quarter. Companywide sales were up 1 percent.
Pure Fishing Hits The Selling Bock
Pure Fishing, the parent company of well-known fishing brands Berkley, Abu Garcia, Penn, Fenwick, Sterns, Mitchell, Pflueger, Shakespeare, Ugly Stik Spiderwire, among others, has joined Rawlings on the list of businesses Newell Brands is looking to divest.
Aisle Talk Week of April 30
Top headlines from the active lifestyle industry you may have missed this week, including Nike Inc. CEO Mark Parker (pictured) holding a rare company-wide staff meeting at Nike headquarters to apologize for recent incidents at the company.
Vans ‘Nothing Short Of Outstanding’ in Q1
Vans delivered another record quarter for VF Corp., which rode the footwear brand and the rest of its portfolio to an outstanding first quarter. VF reported earnings of $252.8 million, or 65 cents per share, for the quarter ended March 31, up 20.9 percent from the same quarter a year ago.
Johnson Outdoors’ Fishing Momentum Offsets Watercraft/Camping Doldrums In Q2
On a conference call with analysts, Helen Johnson-Leipold, chairman and CEO, said both Minn Kota and Humminbird in the Fishing segment are being boosted by successful innovations. Growth in the Watercraft and Camping segments, on the other hand, is being restrained by retail bankruptcies and overall consolidation over the last 18 months.
Tenkara USA Names Patrick Stratton CEO
Fly-fishing equipment company Tenkara USA has named industry veteran Patrick Stratton CEO. He will join Daniel Galhardo on the senior management team.
GoPro Ramps Up Marketing Spend
First-quarter success in international markets without the benefit of sustained marketing support has GoPro Inc. bullish on sales prospects in those regions, and really everywhere the company’s products are sold.
April Retail Jobs Up 3,700 From March
Retail industry employment increased by 3,700 jobs seasonally adjusted in April over March and 48,900 jobs unadjusted year-over-year, the National Retail Federation said Friday.
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