SGB Update Outdoor
New Yamaha Marine Propeller Facility Reaches Full Capacity
The new Yamaha Marine Precision Propeller (YPPI) facility in Greenfield, IN has reached full production capacity, said the brand. The advanced casting facility and foundry use robotics to reduce lead times and increase production by “more than 67 percent” allowing YPPI to deliver “more than 100,000 propellers” to customers annually.
Patagonia To Open First Store In Brooklyn
Patagonia is planning to open its first store in Brooklyn 70 North 6th Street in Williamsburg, according to Commercial Observer.
Wolverine Worldwide Offers $550 Million Of Senior Notes
Wolverine World Wide Inc. announced that it is offering a $550 million aggregate principal amount of senior notes due 2029. Proceeds will be used to repay other notes.
Canada Goose Sees Q1 Revenues More Than Double
Canada Goose Holdings Inc. reported a slightly higher loss in the first quarter ended June 27. Revenues vaulted 115.7 percent. Global e-Commerce revenue increased by 80.8 percent.
RovR Names CEO
RovR announced outdoor industry veteran Chris Sword will be joining the company as its new chief executive officer. Sword joins RovR after most recently serving as president of Bell and Giro.
Thor Industries Adds Board Members
Thor Industries added Christina Hennington and Laurel Hurd to its board. Allen Kosowsky has retired.
Bass Pro To Open Third St. Louis Location
Bass Pro Shops and Cabela’s announced plans to open a new store in Sunset Hills, MO. The 75,000-square-foot store will be the outdoor retailer’s third location in the St. Louis region.
Salomon Appoints New President
Amer Sports Corp. announced the planned appointment of Franco Fogliato as president and CEO of Salomon. Fogliato most recently held the position of executive vice president global omnichannel for Columbia Sportswear.
Seirus’ HeatWave Design Found Not To Infringe Columbia’s Design Patent
A San Diego jury returned a verdict in favor of Seirus, finding that its HeatWave products do not infringe Columbia’s D697,093 patent.
Vail Resorts Announces CEO And Executive Succession
Vail Resorts Inc. announced that Kirsten Lynch, the company’s chief marketing officer, will be appointed CEO and elected to the company’s board of directors, effective November 1, 2021. At that time, Rob Katz, the company’s current CEO, will be appointed executive chairperson.
Alterra Names New President & COO Squaw Valley Alpine Meadow
Alterra Mountain Company has hired Dee Byrne as the new president & COO of Squaw Valley Alpine Meadows based in Olympic Valley, CA, effective immediately.
Aqualung Hires Director, Go-To-Market, North America
Aqualung announced it has hired Kendall Brandau as director, Go-To-Market, North America.
Report: Filson Reduces Factory Workers
Filson has laid off dozens of factory workers in facilities in Seattle and Kent in recent weeks but rejected speculation in the marketplace that the outerwear maker planned to end production in Washington in the summer of 2022, according to The Seattle Times.
Johnson Outdoors’ Q3 Sales Climb 54 Percent
Johnson Outdoors Inc. reported net income more than doubled in the first quarter ended July 2 on a 54 percent sales gain.
Sierra To Open First Minnesota Store Outside Twin Cities
Sierra announced plans to open its first Minnesota store outside of the Twin Cities.
