Luxottica’s Q3 Sales Dip On Currency Headwinds
Luxottica Group, the parent of Oakley, Ray-Ban and Sunglass Hut, reported sales in the third quarter were up 0.8 percent at constant exchange rates but slid 3.5 percent at current exchange rates as a result of the strong Euro appreciation against the main currencies.
REI Outessa Attracts Nearly 1,000 Participants
The second annual REI Outessa retreat series brought close to 1,000 women together to experience the outdoors and find their community.
Outdoor Industry Leaders Urge President Trump To Defend Antiquities Act
In a letter to the president, industry leaders align on a critical issue for the health of the outdoor economy – protection of public lands.
Unifi’s Q1 Profits Dip
Unifi Inc. reported a slight decline in earnings in the first quarter ended September 24 as a 2.7 percent revenue gain wasn’t offset by lower margins and investments in its strategic growth initiatives.
VF Corp.’s Tops Q3 Targets, Lifts Outlook
VF Corp. again raised its outlook for the year after reporting third-quarter earnings that came in well above Wall Street’s targets. In Outdoor & Action Sports, its largest coalition, revenue increased 8 percent, led by a 28 percent gain by Vans.
NRF: Imports Set A Second Record High
Imports set a second all-time monthly record high this summer as retailers brought in merchandise for the busy holiday season, and are continuing at unusually high levels this month, according to the monthly Global Port Tracker report released this month by the National Retail Federation and Hackett Associates.
Boulder Ski Deals Changes Name To Epic Mountain Gear
Boulder Ski Deals, known to Boulder’s outdoor ski and snowboard enthusiasts for several decades, is getting a new name – Epic Mountain Gear.
Vibram’s Sole Factor Raises $12,000 For Big City Mountaineers
Vibram said it raised $12,000 via its Sole Factor Program and subsequent summer/fall REI Tour for partner, Big City Mountaineers (BCM).
Mountain Hardwear Embraces Heroes With Launch Of Impact Initiative
Mountain Hardwear Inc., launched its Impact Initiative, a program featuring environmentalists, thought leaders, humanitarians and storytellers, working on a collective mission to inspire people to support solutions to help protect outdoor playgrounds.
Aisle Talk, Week Of October 16
Top headlines from the active lifestyle industry you may have missed this week.
NOAA Winter Forecast: Cooler, Wetter North And Warmer, Drier South
Forecasters at NOAA’s Climate Prediction Center released the U.S. Winter Outlook, with La Nina potentially emerging for the second year in a row as the biggest wildcard in how this year’s winter will shape up. La Nina has a 55- to 65-percent chance of developing before winter sets in.
Helly Hansen Acquires British Sailing And Country Apparel Brand Musto
The technical outdoor brand signed a definitive agreement to acquire Musto, a British specialist sailing and country apparel brand, from Phoenix Equity Partners and other shareholders.
Adidas, Patagonia Achieve Fair Labor Reaccreditation
The programs at Adidas and Patagonia, both long-time Fair Labor Association (FLA) members, were reaccredited for their continued work to build and maintain internal structures that support the highest workplace standards.
GoPro’s Shares Upgrade On Potential Earnings Upside
Longbow Research upgraded GoPro to “Buy,” believing a selloff due to concerns over the launch of Google Clips was overdone and expectations that the company is set to deliver 2018 earnings growth solidly above Street estimates.
Accell Group Appoints New CEO
Accell Group N.V has appointed Ton Anbeek as its new chief executive officer and chairman of the board of directors.
