OIA To Meet Utah Governor Herbert On Thursday
Amy Roberts, OIA’s executive director, along with a number of outdoor leaders will meet to ask the governor to stop all efforts to rescind the Bears Ears National Monument through executive order, to stop efforts to gut the Antiquities Act and “to support keeping our public lands public for all Americans to enjoy.”
Asics America Shows Some Stabilization In Q4
The company improved its profitability in the fourth quarter while lowering the rate of its sales decline versus recent quarters.
Hibbett Finishes 2016 With Q4 Shortfall
Wrapping up a rocky year for the sporting goods chain, Hibbett Sports Inc. warned it expects earnings to slump between 28 and 30 percent in the fourth quarter, well below guidance.
AAFA Names Honorees For The 2017 American Image Awards
The American Apparel & Footwear Association announced its 2017 American Image Awards honorees: Andrew Rosen, Founder and CEO of Theory (Person of the Year); Marc Fisher Footwear (Company of the Year); Stuart Vevers of Coach, Inc. (Designer of the Year); and Nick Graham (Fashion Maverick).
Volcom’s Sales Sink In Q4
Kering reported Volcom’s sales declined 10.5 percent in the fourth quarter and 8.3 percent on a currency-neutral basis.
L.L.Bean To Open Store In Cape Cod
L.L.Bean plans to open its fourth store in Massachusetts in Mashpee.
Dick’s Hikes Quarterly Dividend By 12 Percent
Dick’s Sporting Goods Inc.’s board of directors authorized and declared a quarterly dividend of 17 cents per share on the company’s common stock and class B common stock.
Adidas To Sponsor Rutgers University
Adidas said it reached an agreement to replace Nike as the outfitter of Rutgers University.
SmartWool Calls For Outdoor Retailer Support
Travis Campbell, president, Smartwool, in a letter wrote, “We must be louder and stronger than our opposition and that means everyone coming together. We can’t do that if we leave the OIA to fight on their own – with fewer resources. We can’t do that if we leave the OIA to fight on their own – with fewer resources.”
Metolius Withdraws From Outdoor Retailer
Said Chip Miller, global sales director for Metolius. “We look forward to rejoining Outdoor Retailer once a host state has been found that values our sport.”
Cascade Designs To Attend Outdoor Retailer
In a statement, Cascade Designs, the Seattle-based manufacturer of outdoor gear including the Therm-a-Rest, Mountain Safety Research (MSR), SealLine, Platypus and PackTowl brands, said it “strongly believes that in coming together as a $646 billion dollar industry we will be a more powerful and meaningful force in protecting our nation’s public lands.”
The North Face Sticks With Outdoor Retailer Show
In a letter to the outdoor industry, Scott Baxter, group president, The North Face, said the best way to protect public lands is “by staying at the OR show at this time.” He added, “We must be louder and stronger than our opposition and that means everyone coming together. We can’t do that if we leave the OIA to fight on their own – with fewer resources.”
REI Urges Support For Outdoor Retailer Show
In a letter to outdoor industry leaders, REI CEO Jerry Stritzke stated “it would be a mistake for us not to gather as an industry this July. Now more than ever, we need to act together to advocate and find a common voice to protect our most important asset — our public lands.”
Asics’ 2016 Earnings Stung By U.S. Weakness
Asics Corp. reported operating earnings in the year were down modestly primarily due to foreign exchange losses. A double-digit drop in the U.S. and the strong yen led to a decline in revenues.
OIA’s Board Encourages Members To Attend Outdoor Retailer Show
In a letter to the outdoor industry, the Outdoor Industry Association’s board applauded REI, Ibex and The North Face “and their call for industry unity by attending Outdoor Retailer this July while we work to find a more suitable venue for future shows.”
