Cascade Designs Inc. will move 100 distribution and low- end manufacturing jobs from Seattle to Reno, NV later this year in a bid to accommodate growth and avoid a more than $1 million hit under Seattle's new minimum wage ordinance…
Category: Outdoor
Port Congestion Costs Millions in Sales and Jobs Could be Next
Two sporting goods companies warned their U.S. Senators last week they may have to cut back hours or lay off employees if management and labor can't find a way to speed up shipments through West Coast ports…
Vista Outdoor Shares Close up 8 Percent in First Week of Trading
Share prices in the U.S. sporting goods industry's newest publicly traded outdoor products company – Vista Outdoor Inc. – closed up nearly 8 percent in their first week of trading on the New York Stock Exchange…
Columbia Turns in Blockbuster Fourth Quarter
Columbia Sportswear turned in a stellar performance in the fourth quarter thanks to strong organic growth in the United States. Sales of Columbia-branded products grew by $100 million, while sales of Sorel footwear grew nearly 40 percent. Two thirds of th
Thule Turns in First Earnings Report Since November IPO
In its first earnings report since going public last fall, Thule Group AG reported sales from continuing operations grew 5.6 percent to SEK976 million ($131 mm) during the fourth quarter despite a sharp drop in snow chain sales in Europe…
Cabela’s Q4 Hit by Promotional Climate
Blaming a “wickedly competitive environment,” Cabela’s Inc. said aggressive discounting caused the hook & bullet chain to fall short of its earnings goals in the fourth quarter
VF Corp.’s Momentum Continues in Q4
VF Corp. reported impressive double-digit growth in the fourth quarter in its three growth engines: The North Face, Vans and Timberland. Driven again by its Outdoor & Action Sports Coalition, VF also forecast high-single digit growth on a currency-neutral
Walmart Introduces Assembled-in-America Bikes
Bicycle Corporation of America (BCA), part of Kent International Inc., revealed its bicycles, which are assembled in the U.S., are now available for sales at various Walmart locations nationwide and on Walmart.com…
Shimano Rode Resurgent Bike Market, Weak Yen in 2014
Shimano Corp. of Japan reported net sales increased 22.2 percent in 2014 thanks to a resurgent bicycle business, while profits grew twice as fast thanks to a weak yen…
Osprey To Expand Colorado Headquarters
Osprey Packs, Inc. expects to complete an expansion of its Colorado headquarters in the balk half of the year to accommodate a growing staff. The announcement comes as the pack maker prepares for the opening of its new distribution center in Ogden, UT…
Thule Group Says Exchange Rates Erased Q4 Growth
The Thule Group AG reported sales from continuing operations grew 5.6 percent to SEK 976 million ($131 mm) during the fourth quarter ended Dec. 31, but declined 3.3 percent in currency neutral (c-n) terms…
Jarden Outdoor Swings Into the Black on Modest Q4 Sales Gains
Jarden Outdoor Solutions, which owns Coleman, Marmot, Rawlings and two dozen other outdoor and athletic brands, moved solidly into the black on nearly flat sales in the fourth quarter…
Nike Launches SNKRS App
Nike introduced a mobile app that provides one-stop access to the brand's most premium Nike sneakers. In addition to providing Nike's full sneaker catalog, the SNKRS app offers…
Industry Honors Two For Work on Chemicals Management Work
The Outdoor Industry Association Sustainability Working Group (OIA SWG) honored Todd Copeland of Patagonia and Jason Duncan of Outdoor Research for their individual dedication to the outdoor industry’s chemicals management efforts…
Cascade Designs to Relocate 100 Jobs to Reno
Cascade Designs will move 100 jobs to a new manufacturing and distribution facility in Reno, NV beginning later this year in a bid to accommodate growth at lower costs, the company confirmed Thursday…
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal