Hike Doggie Welcomes First Franchise
Barrett Marcum leads the Denver South franchise who reportedly is “a passionate advocate for the well-being of animals, an outdoor enthusiast and a former Hike Doggie hiker.”
Columbia Sportswear Ups 2024 Profit Guide, Maintains Sales Decline
First quarter net sales decreased 6 percent to $770.0 million. The decline primarily reflects lower wholesale net sales in the U.S. and Canada, driven by retailer cautiousness, a challenging competitive environment and generally soft consumer demand.
EXEC: Mips Continues to Turn the Business Around in Q1 After Tough 2023
For the consecutive second quarter, Mips delivered growth in the Bike sub-category and has seen inventory levels of helmets with consumers and retailers returning to healthier levels.
EXEC: Ahead, Craft, Cutter & Buck Parent Sees Sales Decline Cut into Bottom Line
The Swedish-based owner of Ahead, Auclair, Craft, Cutter & Buck, and Tenson reported that first-quarter net sales decreased 7 percent to SEK 1.995 billion. Regionally, Central Europe, followed by the U.S., performed best in sales volume.
Alterra Mountain Co. Completes Acquisition of BC Heli Ski Operation
Alterra Mountain Company closed on the purchase of Mike Wiegele Helicopter Skiing in Blue River, BC, Canada, further expanding the company’s heli-skiing portfolio, complementing CMH Heli-Skiing & Summer Adventures.
EXEC: Osprey and Hydro Flask Both Expanding Product Ranges and Distribution
Osprey should strengthen internationally with growth in the EMEA and APAC on demand for travel packs, while the U.S. will expand in sporting goods. For Hydro Flask, it’s all about color and configuration in the U.S. while expanding in tge EMEA through Osprey’s distribution footprint.
Escalade Inc. Swings to Q1 Profit as Gross Margins Spike
Total net sales increased 0.7 percent year-over-year to $57.3 million in the first quarter, primarily due to a return in normalized seasonal demand for basketball products, outdoor games and archery.
Vail Resorts to Sell $600 Million in Senior Notes in Private Offering
The company intends to use the proceeds from the proposed offering to fund the redemption of all $600 million of its outstanding 6.250 percent Senior Notes due 2025 at a redemption price equal to 100 percent of their principal amount and all related fees and expenses.
Mountain Khakis Opens Outlet Store in Utah
The Traverse Mountain Outlet store in Lehi, UT is the brand’s second retail store to open this year, following the addition of its Castle Rock store in Colorado.
Jetty Hires Apparel Industry Vet as COO; Sets Future Plans
The New Jersey-based surf apparel company, with a growing presence in the outdoor and active lifestyle markets, saw the opportunity to add apparel veteran Lee Byrd to the team as it is “focusing on its authentic roots and devotion to the dynamic, moody coast on which it was born.”
Strava Hires new Chief Product Officer and Chief Technology Officer
The U.S.-based internet service for tracking physical exercise that incorporates social network features, hired Matt Salazar as chief product officer and Rob Terrell as chief technology officer.
Report: Camping Sentiment Up in 2024 Despite Inflation Concerns
RMS North America conducted independent research on campers ages 18 to 60-plus to collect data on the differences between generations, but found similarities, too.
EXEC: Shimano Q1 Sales Down 20 Percent on Continued Bikes and Fishing Weakness
In this current macroeconomic environment, the company said demand for bikes and fishing tackle continued to be weak, and for the first quarter of fiscal year 2024, net sales decreased 20.2 percent year-over-year to ¥100.5 billion.
Helen of Troy Home & Outdoor Segment Keeps Company Positive in Q4
The Home & Outdoor segment, including the OXO, Osprey and Hydro Flask businesses, increased 5.4 percent in the fourth quarter, helping the parent’s consolidated sales trend positive with 1 percent growth.
Petsense by Tractor Supply Hosts Spring Adoption Event
Petsense by Tractor Supply will partner with local shelters nationwide to host their semi-annual National Spring Adoptathon on April 27 from 10 a.m. to 4 p.m.
