Wolverine Worldwide reported first-quarter earnings slid 4 percent in the first quarter amid store-closing efforts, but results still surpassed expectations as progress was made on its Wolverine Way Forward initiative. The company raised its earnings guidance for the year.
Category: Outdoor

Wolverine’s Shares Climb On Upbeat Q1 Results
Among its major brands, Merrell grew low single-digits, Sperry was down low-double digits and Saucony was off mid-single digits.
Angel Martinez To Run For Santa Barbara Mayor
“The City of Santa Barbara is at a tipping point. We are at a moment in time when vision and leadership are essential for us to create the city that, by all rights, should be the best small city in America,” the former CEO of Deckers Outdoor said in a statement.

Timberland Names VP, General Manager Of North America
Most recently, Tracy Smith served as president of U.S. operations for Geox, where he was responsible for managing the brand’s wholesale, retail and e-commerce businesses. Prior to Geox, Smith spent nearly 20 years at Cole Haan.
Lowa Names Vim Sales Group As Sales Representative
BJ Brewer will take over the reins from Gordon Lehmann who is retiring after 40 years in the industry and 15 years with Lowa.

Secretary Zinke To Hold Meetings On Grand Staircase Escalante Boundaries
Interior Secretary Ryan Zinke will visit Kanab, Utah on Wednesday, May 10 to meet with local politicians and review the boundaries of the Grand Staircase Escalante National Monument.

Mountain Equipment Appoints Mid-Atlantic Sales Rep
The designer and manufacturer of outdoor apparel and accessories selected Dedication Sports Group for its representation in the Mid-Atlantic region.

RockyMounts Hires Creative Marketing Director
Karla Knight most recently worked in the Golden, CO area as a freelance designer.

OtterBox Moves Into Coolers With Venture Line
The design is certified bear-resistant, can hold ice for up to 14 days and has been drop tested for durability.

Performance Health Names Lindsey Vonn As TheraBand Ambassador
Performance Health signed Vonn as a brand ambassador for TheraBand, an elastic resistance, rehab and exercise product company that is part of the Performance Health family of brands.

REI To Relocate Englewood, CO Store
Outdoor co-op REI shared plans to relocate its Englewood, CO store to nearby Greenwood Village in the fall of 2017.

Chaco Collaborates With United By Blue
The collections includes board shorts, tee-shirts, a backpack and a hat, as well as Chaco sandals featuring original strap designs inspired by ocean waves.

Black Diamond Trims Q1 Loss
Black Diamond Inc. reduced its loss in the first quarter as sales advanced 9 percent due to strong growth across each of its different product categories of climb, mountain and ski.

Former Jarden Outdoor Segment Sees Meager Q1 Growth For Newell Brands
Growth from Contigo beverage containers, Coleman coolers and Team Sports was partially offset by inventory destocking at Fishing and ongoing challenges on Coleman camping.

Colorado Snowpack Promises Strong Whitewater Rafting Season
According to the Arkansas River Outfitters Association, snow depths throughout Colorado are up to 120 percent of average.