Vista Outdoor Blames Q3 Woes Partly On Election
Chairman and CEO Mark DeYoung added that the post-election decline in demand for shooting sports product is continuing into its fourth quarter and is expected to continue into its next fiscal year.
Gander Mountain Mulling Chapter 11
Gander Mountain Co. may soon become the latest retailer in the active lifestyle space to land in bankruptcy court, perhaps as soon as this month.
Report: Gander Mountain Exploring Restructuring
Gander Mountain Co. is reportedly preparing for a debt restructuring in bankruptcy proceedings, sources told Reuters.
Aisle Talk, Week Of February 6
Top headlines from the active lifestyle industry you may have missed this week.
Columbia Sportswear Delivers Upbeat Forecast For 2017
Again boosted by expanding gross margins and solid growth in its flagship brand, Columbia Sportswear reported fourth-quarter earnings that easily topped Wall Street’s targets. In its initial forecast, Columbia said it expects 4 percent earnings growth on 4 percent sales growth for 2017.
Rocky Brands Plans To Appoint Internal Candidate CFO
Rocky Brands Inc. stated that based on its evaluation of candidates for the position of chief financial officer it expects to make an internal hire by early March.
ISPO Munich 2017 Draws Record Attendance
ISPO Munich 2017, held from February 5 to 8, saw a record of more than 85,000 trade visitors, an increase of approximately 6 percent over last year’s total of 81,368.
SOG Knives & Tools Promotes Two To Key Management Positions
SOG Specialty Knives & Tools promoted Patrick Carland to vice president of sales and Chris Cashbaugh to senior director of marketing.
Buck Knives Appoints Rep Of The Year
Buck Knives awarded its “2016 Sales Rep. of the Year” to Matt Hicks of Tackett Brothers, Inc. during the recent 2017 SHOT Show in Las Vegas.
Vista Outdoor Reports Steep Q3 Loss
Vista Outdoor Inc. reported a net loss of $377.7 million, or $6.44 a share, in its third quarter ended January 1, dragged down by a goodwill charge of $449.2 million.
Under Armour Receives Backlash Over Trump Comments
Under Armour is facing a social media backlash and boycott threats after CEO Kevin Plank on CNBC described President Trump as “an asset.” The brand’s biggest endorser, Stephen Curry, also expressed his dismay over the comments.
Mammoth Coolers Appoints Schooler Associates As Southwest Reps
Mammoth Coolers, a provider of rotomolded coolers, drinkware and accessories, appointed Schooler Associates as its new sales agency of record for Texas, Arkansas, Louisiana and Oklahoma.
Johnson Outdoors Q1 Shows Healthy Preseason Orders
Said Helen Johnson-Leipold, chairman and CEO, Johnson Outdoors, on a conference call, “Our core brands across fishing, diving and watercraft recreation brands are heading into the season with strong momentum.”
Sportsman’s Guide Launches Firearms Compliance Solution
Sportsman’s Guide has introduced a cloud-based firearms compliance solution to streamline the firearms compliance process in its retail outlet store.
L.L.Bean Responds To Trump’s Travel Ban
Wrote L.L.Bean CEO Stephen Smith in an internal e-mail, “Recent national policy changes, while dominating the headlines and sparking a wide-range of opinion, are also creating confusion and concern within our family of great employees.”
