Fourth-quarter earnings rose 25.0 percent on an adjusted basis on a 16.6 percent gain in sales.
Category: Outdoor
OIA Applauds DOI Secretary Confirmation
The Outdoor Industry Association congratulated Congressman Ryan Zinke (R-MT) for his confirmation by the U.S. Senate as the 52nd secretary of the Department of the Interior (DOI).
Black Diamond Adds To Executive And Equipment Team
The company appointed Trent Bush as Black Diamond Equipment vice president of apparel design and Radhika Ray to the newly created position of vice president of strategy and investor relations for Black Diamond Inc.
BikeFlights.com Expands Advocacy Program
Trips for Kids and Little Bellas, have joined the program for 2017.
The North Face Opens Explore Grant Applications
Successful applicants will be nonprofits that demonstrate how they increase diversity and access to underrepresented populations in the outdoors and deepen relationships with their participants.
Crocs To Shutter A Quarter Of Its Locations
Gregg Ribatt will step down on June 1 and will be replaced by Andrew Rees, who joined Crocs two years ago as president. Ribatt will remain on the company’s board.
Dick’s Sporting Goods Opens Two New Stores
The retailer will celebrate the opening of new locations in Norwalk, CT and Sunnyvale, CA.
Big 5 Boosted By Competitor Exits
“We’re very encouraged that the profit and sales momentum has continued and actually accelerated into the first quarter of fiscal 2017,” CEO Steven Miller said on a conference call with analysts.
Coalition Snow Launches Kickstarter To Fund Youth Line
Like the adult line of skis and snowboards, Coalition Snow’s Youth skis and snowboards will feature the same high-quality materials and construction.
Western Rise Debuts Studio Line
The outdoor apparel brand’s new offering begins with The Flow Collection — inspired by daily movement and designed at 8,750 feet in Telluride, CO.
Eagle Creek, PackH2O Launch World Water Month Campaign
For every luggage, duffel or travel pack item purchased, Eagle Creek will purchase a PackH2O water backpack to assist those who don’t have access to safe water.
Crocs Posts Q4 Loss, Sets CEO Succession
Crocs Inc., as expected, reported a steep loss in the fourth quarter while improving its margin rate. The company also announced that Andrew Rees, president, in June will replace Gregg Ribatt as CEO as part of a number of organization changes.
Argon 18 Hires VP Of Sales
Canadian high-end bike manufacturer Argon 18 announced the appointment of Claude LeBlond to vice president of global sales.
Backwoods Sells Neptune Mountaineering
Backwoods, which entered into bankruptcy proceedings last November, has sold Boulder’s Neptune Mountaineering to Shelley and Andrew Dunbar.
Oregon Governor Lobbies To Host Outdoor Retailer
Nike Inc., the North American headquarters of Adidas and Columbia Sportswear are part of the Oregon outdoor industry, as well as numerous smaller outdoor companies.
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