SGB Update Outdoor
RECALL: Thule Tepui Hybox Rooftop Tents
Thule Group initiated a recall in partnership with NHTSA (National Highway Traffic Safety Administration) of the Tepui Hybox 8001HB103, 8001HB112, Tepui Hybox Wedge, 8001HB203, Thule Tepui HyBox, 901100, and Thule Tepui HyBox Wedge, 901110, rooftop tents.
Outdoor Foundation Announces Four New Thrive Outside Communities
Outdoor Foundation announced its second cohort of Thrive Outside Communities in St. Louis, Twin Cities region, Minnesota, Philadelphia, and Maine.
VF Corp.’s Q4 Sales Top Wall Street’s Target
VF Corp. reported sales in its fiscal fourth-quarter beat top-line estimates but earnings came in slightly below targets. Sales in the quarter grew 19 percent on a currency-neutral basis, led by a 23 percent gain by The North Face. Vans’ sales grew 10 percent and Timberland’s sales gained 19 percent on a currency-neutral basis.
Alterra Mountain Company Names New President and COO Of Solitude Mountain Resort
Alterra Mountain Company announced that Amber Broadaway has been selected as President & Chief Operating Officer of Solitude Mountain Resort in Utah.
PeopleForBikes Board Meets Virtually To Expand On + Off Road Cycling
PeopleForBikes Coalition Board of Directors, comprised of 22 bike industry leaders, met virtually for its semi-annual meeting on May 18.
Deckers Brands’ Q4 Eclipses Wall Street’s Targets
Deckers Brands reported earnings and sales in the fourth quarter ended March 31 came in well above Wall Street’s consensus targets. Sales grew 49.7 percent with sales ahead 53.1 percent at Ugg and 74.2 percent at Hoka One One.
Kathmandu Appoints New CEO
Kathmandu Holdings Limited announced the appointment of Michael Daly, CEO of Rip Curl, as group chief executive officer and managing director following the resignation of Xavier Simonet, chairman of Kathmandu Holdings.
Arc’teryx Appoints VP, Brand
Arc’teryx Equipment announced the appointment of Karl Aaker to the role of VP, brand, effective immediately. He formerly worked for Lululemon and Nike.
Arizona’s First Scheels To Open Fall 2023 In Chandler
Scheels announced plans to bring its first location to Arizona, opening Fall of 2023 in Chandler. The shopping destination is planned for the Chandler Fashion Center after a full renovation and expansion of a vacant building, and will feature 220,000 square feet of retail space.
Clif Bar Names New Executive Leaders
Clif Bar & Company announced the hiring of three consumer packaged goods-industry executives to drive the company’s next stage of growth and expansion. They are Shaunte Mears-Watkins, chief commercial officer; Roma McCaig, senior vice president of impact and communications and Hari Avula, chief financial and strategy officer.
Target’s Q1 Comps Jump 23 Percent
Target Corp. reported a significant hike in first-quarter earnings as same-store sales ran up 22.9 percent.
Stone Glacier Breaks Ground On New Headquarters
Stone Glacier, a manufacturer of outdoor equipment, has begun construction of its new business headquarters in the heart of Bozeman, MT.
Vista Outdoor Forms Vista Outdoor Corporate Foundation
Vista Outdoor Inc. announced the launch of its Vista Outdoor Corporate Foundation and an accompanying $3 million initial contribution.
CPSC Report Highlights Importance Of Bike Helmets
The U.S. Consumer Product Safety Commission (CPSC) issued a new report from the Centers for Disease Control and Prevention (CDC) showing how important helmets are to preventing injuries and deaths. The report showed that between 2009 and 2018 there were nearly 597,000 bicycle-related traumatic brain injuries treated in hospital emergency departments (ED) in the U.S.
Patagonia Has Top Corporate Reputation In Axios Harris Poll
Patagonia sits atop the 2021 Axios Harris Poll 100 list of corporations that rank them by reputation, a 31 spot improvement from last year. Also scoring well on the list were Costco, Amazon, REI, Adidas, and Nike.
