Gander Mountain Files For Chapter 11

Gander Mountain Co., as expected, filed for bankruptcy in U.S. Bankruptcy Court for the District of Minnesota. The hunt & fish specialist plans to close 32 of its approximately 160 stores in coming weeks but is in active discussions with a number of parties interested in a going-concern sale.

Dorel Sports Stung By Delays In Bike Purchases

Martin Schwartz, president and CEO of Dorel Industries, said, “Dorel Sports has worked throughout 2016 to position itself for an earnings rebound this year, excess industry inventories have been reduced and the ramp in discounting should not be repeated.”

Bogs Q4 Revenues Continue To Feel 2015 Winter Hangover

Thomas Florsheim, Weyco Group’s CEO, said, “While retailers are currently much cleaner than last year at this time, our sense is that they will continue to take a conservative approach towards inventory levels given the inconsistency of the weather the past couple of winter seasons.”

Dorel Sports Revenues Slump In Q4

The quarter’s revenue decline was due primarily to the change in North American CSG dealers’ purchasing habits to reduce their inventory prior to the cycling season.

OluKai Sponsors REI Outessa

OluKai signed on as the official lifestyle footwear sponsor of REI Outessa, three outdoor adventures designed to connect women with the outdoors in a supportive learning environment.

Weyco Group’s Q4 Sales Slide 6 Percent

Bogs fourth quarter net sales were down 7 percent, reflecting the continued impact of the mild 2015/2016 winter season, as retailers carried over BOGS inventory into the 2016/2017 winter season.