SGB Update Outdoor

Goldwin Opens First European Flagship Store
Goldwin opened its first retail store in Munich, Germany.

Pelican Products Hires Chief Information Officer
Pelican Products Inc. appointed Lance Ralls as its chief information officer.

SOL Paddle Boards Appoints Executive Director Of Operations
SOL Paddle Boards hired Chris Johnson as the brand’s executive director of operations.

4FRNT Skis Acquired By Investor Group
4FRNT Ski Company was acquired by a group of private entrepreneurs: Charlie Johnson, Will Armenta and Ebi Lange.

Clarus Announces Quarterly Dividend, Reinstates Cash Payment
Clarus Corporation announced that its board of directors has reinstated the company’s quarterly cash dividend.

CODI Completes Acquisition Of BOA Technology
Compass Diversified (CODI) announced the completion of the company’s previously announced acquisition of BOA Technology Inc.

Merrell Appoints Sales Agency To Cover The Rockies
Merrell appointed Mountain Source as its sales agency to represent the brand in The Rockies.

Backcountry.com Partners With Klarna
Klarna announced that it has partnered with Backcountry.com to offer its customers flexible buy now, pay later solutions using Klarna’s four equal, interest-free payments. “People are spending more time outdoors than ever before and exploring new ways to participate in active outdoor pursuits like skiing, hiking and cycling,” said Sarah Crockett, chief marketing officer, Backcountry.com. […]

VF Corp. Posts Better-Than-Expected Earnings
VF Corp. reported earnings and sales declined in the second quarter ended September 26 as a result of the impact of COVID-19. However, both came in ahead of Wall Street’s consensus estimates and VF officials indicated its year-to-date performance exceeded internal expectations across all brands, driven by digital and China.

REI Opens Two Pop-Ups Selling Used Gear
REI Co-op announced the expansion of its recommerce business by piloting two used-gear pop-up stores and its trade-in program.

Camber Outdoors Announces 2021 Board Co-Presidents
Camber Outdoors Board members Michelle Wardian, President Outdoor Research and Reginald Miller, VP, Global Inclusion and Diversity, VF Corp. will serve as Co-Presidents of Camber Outdoor’s Board of Directors effective January 1, 2021.

Western Mountain Destinations Post First Revenue Gains Since February, According To Destimetrics
Despite a tough summer for businesses due to COVID-19, bookings and rates in Western Mountain Resorts in the past few weeks have shown an uptick with revenue gains for October into November. The first revenue gains since last February according to Destimetrics.

Outdoor Research Adds Midwest Outdoor Sales Agency
Outdoor Research added Midwest Outdoor Sales to represent the brand in the Midwest territory — Missouri, Illinois, Wisconsin, Minnesota, North Dakota, South Dakota, Iowa, and Nebraska.

MEC Plans Fewer Layoffs, One Store Closing
Mountain Equipment Co-op (MEC), which recently won court approval for a sale to Kingswood Capital Management, a California-based private-equity firm, will lay off fewer employees than previously planned and close only one store following the takeover, according to a report from CTV News.

Norrøna Hires Sales Rep For Rockies And Intermountain West
Norrøna announced a new sales partnership with Ian Decker at Black Dog Sales Group, who will represent the brand throughout the Rocky Mountain and Intermountain West territories.