Head Sport, the Austrian firm best known for its skis and tennis rackets, has acquired Advanced Sports Enterprises (ASE), the parent of Performance Bicycle and cycling brands including Fuji, SE Bikes, Kestrel, and Breezer, for $21.5 million at a bankruptcy auction.
Read MoreCoalition Snow will celebrate the release of its first magazine, Sisu, with a launch party at the upcoming Outdoor Retailer show in Denver on January 29.
Read MoreStrategic rate management coupled with widespread snowfall across the western portion of the U.S. helped turn December from a challenging month to a revenue winner for mountain lodging properties. That assessment was delivered by Inntopia in their monthly DestiMetrics Market Briefing.
Read MoreMerrell has made a $25,000 pledge to the National Park Foundation, the official nonprofit partner of the National Park Service.
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VF Corporation raised its guidance for the year after reporting earnings in its third quarter ended December 29 came in well above Wall Street’s consensus estimates. Sales grew 8 percent led by a 25 percent hike in Vans and a 14 percent gain at The North Face.
Read MoreHemisphere Design Works, the world’s largest maker of kayaks, announces the hiring of Jim Fox as its new Chief Executive Officer. Fox’s predecessor, Chuck Smith, stepped down from his position following a mutual agreement. Fox will now oversee the company’s continued evolution in a rapidly growing market
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Mountainsmith President Jay Getzel has left the company to join Nite Ize Inc. as director of its outdoor/pet/toy division. Getzel, who brings more than 19 years of outdoor industry experience, will oversee current vertical retail channels and develop new relationships in support of Nite Ize’s expansion into the travel category.
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Shopko, the operator of general merchandise stores based in Green Bay, WI, filed for Chapter 11 in the District of Nebraska. The company is pursuing restructuring as a result of “excess debt and ongoing competitive pressures.”
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Kathmandu Holdings Ltd. on Thursday announced the appointment of Amy Beck to the position of president, Obōz/Kathmandu North America, based at the company’s North American headquarters in Bozeman, MT.
Read MoreHead North American CEO/President, Kevin Kempin announced the promotion of Jon Rucker to president, Head/Tyrolia USA Winter Sports Division.
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