Sea to Summit Expands Sales Reach in U.S. and Canada
Tandem West Sales will represent Western Canada, Agence Quartier General will represent Québec, Canada, and Caraway and Co. will represent the California and the Southwest regions of the U.S.
EXEC: Yeti’s New Head of Softgoods Talks Next Steps with Mystery Ranch
Layne Rigney said he is spending most of his time in Bozeman, MT, the home of Mystery Ranch, as he thoroughly assesses the business and how it will integrate with the broader Yeti softgoods business.
Foundation Outdoor Group Makes Two Key Appointments
The company promoted Hunter McKamey to vice president, reporting to company President and COO Brook Oliva and added Rafael Llaneras to the sales organization covering southern Europe from his home base in Majorca, Spain.
St. Croix Rod Has Eyes On the Rockies and PNW with New Sales Agency Hire
The company has tapped HM Outdoors to represent the company’s fly fishing brand and products in the Northern Rocky-Mountain and Pacific Northwest states of Idaho, Montana, Wyoming, Oregon, Washington, and Alaska.
EXEC: PrimaLoft Takes $58 Million Impairment Charge as Operating Results Fall Short
PrimaLoft performed an interim impairment test of their goodwill as of December 31, 2023 as a result of operating results that were below forecast amounts that were used as the basis for the purchase price allocation at acquisition.
EXEC: BOA Posts 25 Percent Sales Decline in 2023 as Retail Inventory Takes Toll
Fourth quarter sales at BOA were down slightly year-over-year while Adjusted EBITDA for the BOA business increased to $14.0 million in Q4, compared to $13.8 million in the 2022 fourth quarter.
EXEC: Birkenstock Execs Lay Out Growth Details from Fiscal Q1
Only a single-digit percentage of revenue in the Americas is attributed to new points of distribution, with a heightened focus on specialty retailers, including sports-specific, running retailers where the benefits of the Birkenstock footbed is seen as a recovery product.
Vittoria Launches RideArmor All-Season Tire Range
Vittoria introduced the RideArmor tire range—”true armor” to protect cyclists from the dreaded puncture.
EXEC: 5.11 Tactical was the Lone 2023 Active Lifestyle Gainer at CODI
The 5.11 Tactical brand was the only active lifestyle brand in the segment to post an increase in sales for the year, due in large part to its direct-to-consumer component of the business as all other brands continued to deal with the ongoing retail de-stocking process prevalent across the U.S. retail landscape.
Super73 x Howler Brothers Launch Capsule Collection
Collaboration merges surf and outdoor to the e-bike industry with custom Howler Brothers x Super73-S2 apparel and accessories
Surf Expo and OR Parent Posts Net Loss for Q4 and Full Year
Emerald Holding, Inc., parent of the Outdoor Retailer and Surf Expo trade shows, reported fourth quarter 2023 revenues were $101.5 million, an increase of 8.4 percent versus the fourth quarter 2022.
Rocky Brands Weathers Q4 Headwinds to Deliver Flattish Bottom Line Gain
Wholesale segment sales decreased 13.3 percent in Q4 and Contract Manufacturing segment sales decreased 14.9 percent, while Retail segment sales increased 1.5 percent. EPS was 91 cents a share in Q4 vs. 89 cents in Q4 2022.
Outdoor Recreation Roundtable Adds Seven New Members
The ORR recently added seven new members, expanding its coalition across a broad spectrum of the outdoor recreation economy, including universities, state offices of outdoor recreation, other conservation non-profits, and brands.
Sierra Parent TJX Sitting Pretty as Most Others Deal with Market Turmoil
The parent of TJ Maxx and Marshalls said it is well-positioned to take advantage of the outstanding availability of quality, branded merchandise in the marketplace and flow fresh goods this spring. TJX had 95 Sierra stores at year-end 2023.
Urban Outfitters Hits Trifecta in Q4, Full Year as Sales, Margins and EPS All Pop
The parent to the Anthropologie, Free People, FP Movement, Urban Outfitters, and Nuuly brands reported total company net sales for fiscal Q4 increased 7.3 percent to a record $1.49 billion.
