Ibex To Be Auctioned Off
Ibex, the wool-infused outdoor brand based in Vermont, is being auctioned off, according to a report in the Burlington Free Press.
Many Active Stocks Miss Market Rally In 2017
While the broader stock markets soared to record highs in 2017, many major stocks in the active lifestyle industry weren’t invited to the party.
Aisle Talk, Week Of December 25
Top headlines from the active lifestyle industry you may have missed this week.
DA Davidson Raises Price Targets On Sportsman’s Warehouse And Callaway Golf
DA Davidson raised its price target for Sportsman’s Warehouse due to the tax change and improving underlying trends as well as Callaway Golf due to its TopGolf investment.
Faraday Bikes To Support “Million Tree Challenge”
Faraday Bicycles announced that the electric bike company is partnering with nonprofit One Tree Planted to help address the damage caused by wildfires this year across California.
Report: REI To Close Store In Schaumburg
REI will close its location in Schaumburg, IL on January 11, according to the Daily Herald.
Camber Outdoors To Hold Thought-Leadership Keynote
On Saturday morning, January 27, Outdoor Retailer show attendees can explore women’s leadership with CEO Pledge pioneers Donna Carpenter, CEO Burton, Sally McCoy, former CEO CamelBak, Jerry Stritzke, CEO REI, and Ken Meidell, CEO Dakine.
Free Country Partners With The Fresh Air Fund
To celebrate the launch of the partnership, Free Country held an ice-skating event for Fresh Fund children and their families at The Rink at Bryant Park. The event was hosted by five-time Olympic Medalist Nastia Liukin.
Poll: National Park Fee Hikes Likely To Reduce Visits
A survey commissioned by Outdoors Alliance for Kids (OAK) found that 64 percent of Americans would be less likely to visit a national park if fees were increased.
Amer Sports To Take Write-Down Due To U.S. Tax Reform
Amer Sports said that because it has deferred tax assets of approximately $40 million in the U.S., the value of the company`s net deferred tax assets is expected to be reduced by approximately $13 million due to the federal tax rate change.
Anta Unveils China Winter Olympic Uniforms
Anta Sports Products Limited announced that the launch ceremony of the PyeongChang 2018 award ceremony outfit for the Chinese Sports Delegation took place at the General Administration of Sport of China in Beijing.
Bass Pro Hints At Impending Layoffs At Cabela’s
In a letter to Cabela’s employees, Bass Pro Shops CEO Johnny Morris wrote that Cabela’s sales have been underperforming over the last few years and the overall company has been “under the weight of an extremely heavy corporate payroll.” The document also revealed a few details of the transition process as a result of the Bass Pro/Cabela’s merger.
Mastercard SpendingPulse: Retail Sales Grew 4.9 Percent This Holiday Season
Mastercard SpendingPulse reported that holiday sales increased 4.9 percent this year, setting a new record for dollars spent. The gain marked the largest year-over-year increase since 2011. Online shopping also saw large gains of 18.1 percent compared to 2016, boosted by a late season rally.
The Nature Conservancy in Colorado Allies With Backbone Media
The Nature Conservancy in Colorado announced a new partnership with Backbone Media.
Bass Pro Details Some Merger Transition Details
In an 11-page document to Cabela’s employees in Sidney, NE, Bass Pro Shops CEO Johnny Morris said Bass Pro is continuing to work on evaluating which jobs will stay in Sidney. But Bass Pro indicated Cabela’s information technology division, credit card operation and a “significant” portion of Cabela’s accounting department will remain in Nebraska.
