Stronger chains, foldable e-bikes and more powerful lights were among the products Taiwanese bicycle companies showcased on the first day of Eurobike.
Category: Outdoor
Lululemon Q2 Profit Shines, But Sales Lag
The yoga lifestyle brand and retailer increased sales by 14 percent to $514.5 million, but that came in about $1 million short of Wall Street’s estimates.
Amer Sports Hits The Gas
The Finnish company will accelerate category expansion and store openings at Arc’teryx and Salomon in a bid to leverage better-than-expected organic growth.
RECALL: Sahn Classic Bicycle Helmets
The U.S. Consumer Product Safety Commission issued a recall for about 2,000 (in addition, about 1,600 were sold in Canada) Sahn Classic bicycle helmets, which are made for urban cycling and commuting.
Vista Outdoor Is Cooking Now
Company continues spree of acquisitions, adding outdoor-cooking solutions brand Camp Chef for $74 million to further diversify from its mainstay in shooting sports.
Oofos Hires Deckers Duo To Head International Sales
Oofos, a pioneer in the recovery footwear space, appointed Giles Cundell and Kelly Lopes Da Silva, to head up its International Sales Division. Both serve as Directors of UK based Sport Factory Ltd. Both also join Oofos from Deckers Brands.
Sports Authority Executives Get Their Bonus
After considerable litigation, a federal judge approved a modified bonus program that will pay top executives of the bankruptcy retailer up to $1,425,000.
Vista Outdoor Acquires Camp Chef
The Logan, Utah maker of camp stoves, barbegcue prills, pellet grills, smokers and cast iron cookware fetched $60 million in cash plus earnouts for its owners.
Shoe Carnival Narrows Outlook on Weak Back-To-School Start
Delayed buying hits athletic footwear sales, too, but rebound seen in August. “For the first time I can remember, footwear sales accelerated a day or two prior to school starting.”
Newell Brands Names VP Of Communications
Tom Sanford is the latest high-profile appointment since the April acquisition of Jarden Corp. and its $2.74-billion-a-year sporting goods business.
CODI Completes 5.11 Tactical Acquisition
Compass Diversified Holdings Inc. (NYSE:CODI) closed on its $400 million acquisition of the tactical products company.
GSI Outdoor Signs Korean Distributor
GSI Outdoors has signed an agreement with Nelson Sports Inc to distribute its outdoor cook- and tableware and related accessories in South Korea, effective immediately. Nelson Sports will sell, market and support GSI Outdoors’ products with the goal of increasing demand and sales in the South Korean outdoor market. The announcement was made by Don Scott, […]
Columbia Launches Search For Two New Directors of Toughness
In addition to job perks that include a full-time salary and benefits, the product-testing job duration is being extended from six to nine months.
Adidas Outdoor Sees Strength in Trail Running
Adidas Outdoor announced its pre-order sales for trail running footwear for spring 2017 increased more than 62 percent from last year. The collections include the Adidas brand’s Boost energy return foam, Continental Rubber and Gore-Tex waterproof membranes. “The outdoor trail running category is one of our strongest areas,” said Greg Thomsen, Adidas Outdoor managing director, […]
Australian Retailer Reports Accelerating Comps
Fiscal 2015 and year-to-date results reported by Super Retail Group show demand for athletic and outdoor gear strengthening down under.
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