Garmin Ltd. reported total revenue of $1.19 billion in the third quarter, a 7 percent increase over the prior year quarter. The gains were led by Marine and Aviation segment sales.
Category: Outdoor
Shimano’s Raises Full-Year Guidance On Robust Nine-Month Growth
Shimano reported earnings nearly doubled in the nine months as sales grew 49.6 percent. Bicycle Components segment sales grew 56.0 percent while Fishing Tackle segment sales gained 27.6 percent.
Head Canada Appoints Vice President Winter Sports
Head promoted Chris Vanderknokke to vice president of Winter Sports, Head Canada. He was director of sales and marketing for Winter Sports.
REI Readies Opening In Jackson Hole
REI Co-op plans to open its new store in Powderhorn Mall in Jackson Hole, WY on November 5. The store, located at 974 West Broadway, is the retailer’s first store in the State.
International Surfing Association Appoints Marketing And Media Manager
The International Surfing Association (ISA) has confirmed the appointment of Federico Ferroni as their new marketing and media manager.
Orvis Hires Chief People Officer
Orvis announced that Rebecca Jones was hired as chief people officer, effective October 18, 2021. In this new position, Jones is providing executive oversight for its HR department, focused on employee engagement, support, development, training, and growth within the organization.
VF Corporation Publishes Sustainability & Responsibility Report
VF Corp. published its latest Made for Change Sustainability and Responsibility Report, which highlights its achievements to date, including progress toward science-based targets.
Thule’s Vancouver Store To Open In December
Thule announced it would open its first brand store in Canada in West Vancouver, BC. This 2,000-square-foot retail store will showcase all its product categories and will open in December 2021.
Unifi Announces Strong First Quarter Fiscal 2022 Results
Unifi Inc. reported earnings more than doubled in the first quarter ended September 26 as sales grew 38.5 percent. The producer of recycled and synthetic yarns raised its outlook for the year.
VF Corp. Appoints VP, Investor Relations
VF Corporation announced the appointment of Allegra Perry to vice president, investor relations, effective January 2022. Perry will report to VF’s chief financial officer, Matt Puckett.
San Pedro Bay Ports Announce New Measure To Clear Cargo
In an effort to improve cargo movement amid congestion and record volume, the ports of Long Beach and Los Angeles will begin assessing a surcharge to ocean carriers for import containers that dwell in marine terminals.
Clarus Corporation Announces Launch Of Stock Offering
Clarus Corporation announced that it intends to offer 2.75 million shares of common stock.
Columbia Sportswear Promotes Burns To VP, Investor Relations And Strategic Planning
Columbia Sportswear Company promoted Andrew Burns to vice president, strategic planning and investor relations.
CMC Triggers Signs Laura Burgess Marketing
CMC Triggers Corp., based in Fort Worth, TX, announced it will partner with Laura Burgess Marketing (LBM) to expand awareness of the brand.
Thule’s Sales Expand 14 Percent In Q3
Thule Group reported sales in the third quarter reached SEK 2,772 million, up 13.8 percent year-over-year on a reported basis and 16.2 percent on a currency-neutral basis.
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