SGB Update Outdoor
Keen Creates Open-Source Process For PFC-Free Footwear
Keen Inc. said it had established an open-sourced model for how it creates PFC-free footwear. To support this initiative, Keen issued a challenge to the outdoor footwear industry to be PFC free by 2025.
L.L. Bean Registers Record-Breaking Revenue
L.L.Bean announced the close to its 2020 fiscal year, with annual net revenue totaling $1.59 billion, a 5 percent increase over 2019. The company also paid a performance bonus of 10 percent of annual pay to employees.
Ecco’s Sales Drop 20 Percent In 2020
Ecco reported sales of €1.092 billion for 2020, down 19.7 percent from €1.36 billion a year ago.
Duluth Holdings’ Sales Dip In Fourth Quarter
Duluth Holdings Inc. reported a modest decline in earnings on a 1.4 percent slide in sales in the fourth quarter ended January 31. Strong online sales continued to offset steep declines in-store sales. Sales have recovered to show mid-teens growth early in fiscal 2021.
Gregory And High Sierra Drop Double Digits In 2020
Samsonite International S.A. reported steep declines in 2020 for Gregory and High Sierra.
American Outdoor Brands Sees Q3 Revenues Nearly Double
American Outdoor Brands Inc. reported net sales were $82.6 million in the third quarter ended January 31, an increase 90.7 percent, over net sales of $43.3 million for the comparable quarter last year, reflecting increases in both e-commerce and traditional sales channels.
USA Cycling Aligns Board With Broader Mission
USA Cycling announced new leadership roles in the Board of Directors intended to further champion participation, accessibility, excellence in cycling, and to support CEO and President Rob DeMartini and his staff to achieve a clear and broader mission for USA Cycling.
RoadRunner Holdings Acquires JoJé Bar
RoadRunner Holdings LLC has added JoJé Bar to its portfolio of athlete-focused active nutrition brands. Company founder and current CEO Jess Cerra will become the VP of Product and Community Development for RoadRunner.
New ACA Survey Demonstrates Camps Can Operate Safely
A new American Camp Association (ACA) study of 486 camps that served 90,000 campers reports that only 30 campers had confirmed COVID-19 cases in 2020. This is a direct result of the summer camp industry’s focus on developing child safety standards from the earliest days of the pandemic.
Western Mountain Destinations Post Record-Setting Bookings For March
With just two months to go in the winter season, lodging at mountain destinations continued to claw back some seasonal ground as declining COVID-19 cases and rapidly accelerating vaccination efforts encouraged short-term bookings for the remaining weeks of the ski and snowboard season, according to the most recent Mountain Market Briefing distributed by DestiMetrics.
Evo To Open Two Satellite Stores This Summer
Seattle-based outdoor and action sports retailer Evo has announced it will open satellite stores at Snoqualmie Pass in Washington and in Hood River, Oregon this summer.
Vail Resorts’ Debt Ratings Affirmed After Q2 Progress
S&P Global Ratings upwardly revised its base-case fiscal 2021 (ending July 31) revenue and EBITDA for Vail Resorts Inc. in light of its stronger-than-expected second-quarter 2021 EBITDA generation and EBITDA guidance for the nine months ending April 2021.
Active Brands Appoints New CEO
Active Brands, the Norway-based parent of Kari Traa, Johaug, Dæhlie Sportswear, Bula, Åsnes and Sweet Protection, appointed Christophe Merkel as the new CEO of the company, succeeding Espen Krogstad. He was formerly vice president and general manager of Nike EMEA.
Pure Fishing To Purchase Plano Synergy Holdings
Pure Fishing Inc. announced that it has entered into a definitive agreement to purchase Plano Synergy Holdings Inc. The purchase will include Plano Synergy’s 15 brands, which specialize in tackle storage, catch management, hunting accessories and archery.
Back River Group To Distribute Dexshell Waterproof Accessories In Canada
Back River Group will distribute Dexshell socks, gloves and hats to all sporting goods channels beginning Fall/Winter 2021/22 with the exception of bikes.
