Outdoor Research has hired Brett Kruse to its leadership team this week. Kruse joins OR as its new Vice President of People and Culture where he will lead HR initiatives.
Category: Outdoor
Burton Adds Board Member
Burton welcomed Selema Masekela to its Board of Directors.
Hillsound Equipment Expands Presence In Western Canada With Addition To Sales Team
Hillsound Equipment has partnered with Pro Line Sports Ltd to further its distribution of products in the Western Canadian markets.

Dick’s SG Partners For Same-Day Delivery
Dick’s Sporting Good and Instacart announced that the companies have partnered to launch same-day delivery from more than 150 stores.

Winnebago Industries Q1 Sales Climb 35 Percent
Winnebago Industries Inc. reported sales grew 34.8 percent in the first quarter ended November 28 and 22.0 percent excluding the acquisition of Newmar. Net earnings more than tripled.

Astral Names New Rep For Texas Region
Astral said Stephen Seaton will represent the footwear brand across Texas, Arkansas, Louisiana and Oklahoma.

Taxa Outdoors Announces New Headquarters
Taxa Outdoors announced it will open its new 69,356 square-foot headquarters in northwest Houston on December 23, 2020.
RECALL: Goal Zero Charge Power Supplies
About 4,500 Yeti 25A Fast Charge Power Supplies from Goal Zero are being recalled.

Rates Holding But Occupancy Softens As Booking Pace Reverses During November
The surging pandemic and mixed economic indicators are combining to negatively impact mountain resorts throughout the western US, with marginal snowfall at some destinations adding to the mix as tentative gains during October reversed course in November, according to DestiMetrics.

Yuba Bicycles Names President and Chief Operating Officer
Yuba Bicycles announced the appointment of Pat Cunnane to President of North American operations and COO of its global business. The position is new for the company.
RECALL: Cannondale Canvas NEO Bicycles
About 1,270 Cannondale Canvas NEO Bicycles are being recalled. The front fender can detach and cause the front wheel to abruptly stop, posing a fall hazard.
RECALL: Camp Chef Portable Stoves
About 20,600 Camp Chef portable stoves are being recalled.
Climate Neutral Appoints Head Of Marketing
Climate Neutral welcomed Melissa Leslie to the newly created position as head of marketing. She assumes responsibility for advancing Climate Neutral’s message with brands and consumers.

VF Corp.’s Debt Downgraded By S&P On Supreme Acquisition
S&P Global Ratings lowered its issue-level ratings on VF’s unsecured debt due to the debt being taken on from its pending acquisition of Supreme.

Vail Resorts Debt Ratings Placed On CreditWatch Negative By S&P
S&P Global Ratings has lowered its base-case revenue and EBITDA assumptions for Vail Resorts as it expects consumer concerns related to COVID-19, potential additional restrictions on travel and indoor activities, and limited ski resort capacity t likely impair Vail’s’ revenue in fiscal 2021 (ending July). Additionally, S&P noted that Vail plans to issue $500 million in unrated convertible senior unsecured notes due 2026 to enhance liquidity amid the ongoing pandemic.