The Justice Department’s U.S. trustee has called a new $1.5 million bonus plan for Sports Authority executives “unseemly” given how many creditors won’t receive any money back in the bankruptcy reorganization.
Category: Outdoor
New Tariff Codes for Outerwear Take Effect
New codes for woven recreational performance outerwear that took effect Wednesday could hasten lower duties on such imports, says Outdoor Industry Association.
Senator Poised To Make News At Wolverine Factory
While onsite, U.S. Senator Gary Peters will address Wolverine employees and media with a special announcement.
OIA Lobbies USTR to Expand Duty-Free Travel Goods
Outdoor Industry Association (OIA) has requested to appear at a new USTR hearing on providing duty-free treatment for travel goods, including sports bags and backpacks.
Trek Taps Amber Road to Manage Global Trade
Trek Bikes, a bicycle and cycling product manufacturer and distributor, selected Amber Road’s Trade Automation solution to lower landed costs and manage global trade.
Billabong’s Turnaround Hits Some Turbulence
Billabong, Element and RVCA brands see growth and expand share, but currency headwinds, retail disruption and a shift away from longboards drag earnings.
Velofix Hires Ward Grootjans As VP Global Development
The company behind the world’s largest fleet of Mobile Bike Shops hired Ward Grootjans, formerly of Canyon Bicycles, as vice president of global business development.
Leatt Expands Product Portfolio
The personal protective equipment company introduced its 2017 Bicycling Range aimed at a wider group of mountain bike riders.
Taiwan’s E-Bike Exports Accelerate
After growing 25.3 percent in 2015, the nation’s e-bike exports nearly doubled in the first five months of this year, according to a report released Thursday.
Vista Outdoor Sets $100 Million Share Repurchase Program
Vista Outdoor Inc. announced that the company’s board of directors has approved a new repurchase program for up to $100 million of the company’s common stock.
Visit The National Parks For Free This Weekend
The industry has been celebrating the National Parks centennial all year, but today marks the park service’s actual birthday, and to celebrate, all parks are free through the weekend.
Boyne Resorts Outlines Big Sky Expansion
The company plans to invest $150 million in Montana’s Big Sky Resort over the next decade to spur a more than $1 billion investment in the Bozeman region.
Marmot and RootsRated Team Up for Tour
The outdoor apparel, equipment and sporting goods company and content marketing platform will host pint nights as part of a nationwide tour this fall.
Fenix Outdoor Reports Big Swing in Profits
Growth at the Fjällräven brand and a turnaround at the German retailer Globetrotter helped the company report an operating profit in the second quarter.
Rudy Project Tempts Dealers with Markup Opportunity
Rudy Project North America stated that all dealers would be able to purchase helmets at one-third of MSRP, resulting in an everyday 3 times markup.
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