Kelty Aims to Keep Spot on Pack Wall
A major marketing campaign kicked off by Kelty last month is aimed as much at its wholesale partners as consumers. The year-long “Kelty Built” campaign is designed to build excitement around the brand ahead of a Spring 2016 product launch that Kelty will
Smith and Wesson Pays Down Battenfeld Technologies Debt
Smith & Wesson Holding Corporation announced it has fully repaid $100 million it borrowed in December to acquire Battenfeld Technologies Inc. using cash generated from operations in the fiscal fourth quarter of 2015…
Spalding Launches #TrueToTheGame Social Campaign
Spalding, a division of Russell Brands, LLC, has launched a social media sweepstakes and campaign targeting basketball fans in partnership with Slam Magazine. The campaign asks fans to showcase how they are #TrueToTheGame…
Colt Defense Bondholders Reject Exchange Offer
Colt Defense LLC is expected to proceed with a prepackaged Chapter 11 bankruptcy following investors' rejection last week of its offer to exchange $250 million in junk bonds for $75 million in higher interest rate, junior secured debt…
Nordica USA Names Russo as VP
Tecnica Group USA and Nordica USA President Peter Weaver announced that Scott Russo will take over as vice president of Nordica USA effective June 15, 2015…
Western Mountain Resorts Set All-Time Revenue Record
Revenues at Rocky Mountain and Far West mountain resorts grew 11.2 percent over last season and set an all-time record that exceeded the previous record set in the 2007-08 ski season…
Descente Ltd. Profits Surge in Q4
Descente Ltd. reported net income rose nearly five times faster than sales in the fourth quarter ended March 31 thanks to currency effects that made it more competitive in Korea and favorable winter weather in its home market of Japan…
Surftech’s New Parent Makes Bid for Second Surf/SUP Company
Surf Technicians LLC (Surftech) parent company Triple D Corporation of Thailand has made a conditional offer to acquire full control of Global Surf Industries (GSI), which manufactures and distributes Tom Carroll SUP, 7S, Hayden Shapes, Modern, Walden and
Nordstrom Posts 4.4 Percent Q1 Comp Gain
Nordstrom, Inc. reported earnings per diluted share of 66 cents for the first quarter ended May 2, which were in-line with company expectations, compared with 72 cents a year ago. Total company net sales increased 9.8 percent and comparable sales increase
Hydro Flask Names Wallenfels as VP of Worldwide Sales
Hydro Flask has hired Mike Wallenfels as Vice President of Worldwide Sales. Wallenfels brings vast executive experience from the outdoor and active lifestyle industries, and has guided organizational growth in the US, European, and Asian markets…
Dillard’s Q1 Profits Dip
Dillard’s Inc. reported net income slipped in the first quarter, to $109.6 million, or $2.66 per share, compared to net income of $111.7 million, or $2.56 per share, for the prior year first quarter…
Vista Outdoor Reports Shooting Sales Continued Decline in Fiscal Q4
With the market for many types of ammunition and firearms still soft, Vista Outdoor Inc. CEO Mark DeYoung showered praise on Bushnell, where he says signs of a turnaround have emerged in a new crop of products for golfers and archers…
Zalando SE Raises Guidance After Beating Q1 Targets
Zalando SE, the German e-tailer that sells dozens of athletic and outdoor apparel and footwear brands in 15 European countries, reported revenues rose 28.5 per cent to €643.6 million ($727 mm) in the first quarter.
Street League Skateboarding Appoints First-Ever CEO
Street League Skateboarding appointed Greg Jacobs as the league's first-ever CEO and promoted current SLS president, Brian Atlas, to COO…
L.L.Bean to Open Second Virginia Store
L.L.Bean is set to expand its retail operation with its second Virginia store, scheduled to open November 2015. The new L.L.Bean store will be located at Short Pump Town Center…