Shawn Gorman ’89 — who is only the third chairman in L.L. Bean’s century-plus history — is now the newest member of the UNH (University of New Hampshire) Foundation’s board of directors.
Category: Outdoor
Deckers Reminds Stockholders To Vote For Deckers’ Nominees
Deckers Brands again issued a press release urging stockholders to vote TODAY “FOR” ALL of Deckers’ nominees on the WHITE proxy card at its annual meeting on December 14.

VF Corp. Announces New Sustainability & Responsibility Strategy
VF Corp. announced its new global sustainability and responsibility strategy, Made for Change. Made for Change outlines VF’s aspirations for advancing environmental and social improvements across its business, portfolio of brands, global supply chain and communities worldwide.

Cosmic Hosts Skimo Event At Eldora Mountain Resort
On December 1-2, racers from all over the world arrived in the Front Range of Colorado to race in a two-day format at Eldora Mountain Resort.

Chums, Beyond Coastal Bolster Marketing Department With Two New Hires
Chums and its sister brand Beyond Coastal hired James Denhalter and Aimee Evans to grow their marketing department.

Aisle Talk, Week Of December 4
Top headlines from the active lifestyle industry you may have missed this week.

Duluth Holdings Posts Q3 Loss On Retail Expansion Costs
Duluth Holdings, the parent of Duluth Trading, reported a loss in the third quarter due to the costs of its aggressive store expansion but the store openings helped revenues run up 25.0 percent in the period.
Big Rock Sports Seeing Strong Show Registration
Based on registration numbers, officials from Big Rock Sports are expecting a strong turnout for their annual 2018 Fishing and Shooting Shows, which will be held in Las Vegas, NV from January 3–5 and Raleigh, NC from January 5–7.
Moody’s Downgrades Vista Outdoor’s Debt Ratings
The downgrade reflects Vista’s weak operating performance and deteriorating credit metrics and Moody’s view that they will remain weak for an extended period.

Johnson Outdoors Delivers Record Results In 2017
Johnson Outdoors Inc. announced all-time high revenue and earnings for fiscal 2017. Strong on-going marketplace momentum of new products in the company’s core fishing, diving and camp cook brands drove a 13 percent increase in sales as operating profit grew 99 percent and net income rose 160 percent year-over-year.
Duluth Holdings Sees 25 Percent Q3 Growth
Duluth Holdings Inc., the parent of Duluth Trading Company, reported sales in the third quarter rose 25.0 percent. The company showed a loss in the period.

Cowen Cuts Adidas’ Estimates On North America Growth Concerns
Cowen lowered its estimates on Adidas for 2018 due to its belief that Nike’s product cycle is improving, heightened promotions are being seen in North America on the Adidas brand, and a possible moderation in Europe.

Lululemon Rebuts Athleisure Critics In Q3
Lululemon’s better-than-expected third quarter benefited from a 25 percent hike in e-commerce sales, growing momentum internationally, and growth of more than 20 percent in women’s pants, jackets and outerwear, and men’s.

Smith Appoints Andy McCabe As Creative Director
Smith also promoted Cara Shumate to art manager and appointed Cody Browning to the role of senior graphic designer.

Vail Resorts Sees Robust Early Season Pass Sales
Vail Resorts Inc. reported season pass sales for the North American ski season are up approximately 14 percent in units and approximately 20 percent in sales dollars through December 3, 2017.