SGB Update Outdoor
Johnson Outdoors Announces Cash Dividend Increase
David Johnson, CFO, said, “Johnson Outdoors’ balance sheet remains strong, and the dividend increase reflects our confidence in our business performance and strategic plans.”
Smith Integrates Customer-Service Team
Smith Optics incorporated its Consumer & Dealer Services division within its Portland-based headquarters. Joining the product, marketing and sales departments, the customer-facing support team integrates into the hub of the Smith brand.
Rumpl Partners On New Zealand Distribution
Rumpl, the maker of technical blankets, announced a distribution partnership with Compendium Limited, a distributor in the New Zealand and Pacific Island region.
Vail Resorts Q4 Results Negatively Impacted By COVID-19
Vail Resorts, Inc. reported results for the fourth quarter and fiscal year ended July 31, 2020, which were negatively impacted by COVID-19 and the resulting closure of the company’s North American destination mountain resorts and regional ski areas on March 15, 2020. Fourth quarter results included approximately one month of operations from its North American summer and Australian winter seasons
Gap Inc. Expands Loyalty Program Across Banners
Gap Inc. said it is launching unique loyalty programs across the U.S. and Puerto Rico across each of its core brands: Navyist Rewards, Gap Good Rewards, Banana Republic Rewards, and Athleta Rewards, replacing its previous loyalty program, BRIGHT Rewards. Customers can earn and redeem rewards across its family of brands.
REI Co-op Achieves 14-Year Carbon Neutrality Commitment, Sets Ambitious New Climate Platform
REI Co-op announced it will complete a 14-year commitment to be carbon neutral in its operations in 2020 and launched an ambitious new climate platform that will see the co-op more than halve its carbon footprint over the next decade – even as the company anticipates future growth in size and revenue.
Bass Pro Extends Partnership With Toyota
Toyota and partner Bass Pro Shops and Cabela’s announce the renewal of a longstanding partnership for an additional five years, which will lead the brands into 20 years of collaboration together.
Canada Goose Earns B1 CFR Debt Rating From Moody’s
Moody’s Investors Service assigned first time ratings to Canada Goose Inc., consisting of a B1 corporate family rating (CFR), B1-PD probability of default rating, a B2 rating to its proposed $300 million senior secured first-lien term loan B due in 2027, and an SGL-1 speculative grade liquidity rating. The outlook is stable.
Academy Sports And Outdoors Sets IPO Range
Academy Sports and Outdoors late Wednesday set its initial public offering terms, hoping to raise $250 million from the sale of 15.625 million shares between $15 and $17 a share.
Kathmandu’s 2020 Sales Boosted By Rip Curl
Kathmandu Holdings Limited reported group sales were up 48.7 percent in the 12 months ended July 31, boosted by nine-month ownership of Rip Curl.
Patagonia Appoints New CEO
Patagonia appointed Ryan Gellert as CEO of Patagonia Works, the umbrella company for all its ventures. The announcement comes a little over three months after Rose Marcario stepped down from the top spot after 12 years at the company.
Los Alamos County, NM Ranked Healthiest Community, U.S. News & World Report
Los Alamos County in New Mexico topped the 2020 Healthiest Communities Rankings released by U.S. News & World Report and Aetna Foundation.
Sustainable Apparel Organizations Accelerate Industry Efficiencies
The Sustainable Apparel Coalition (SAC), ZDHC Foundation (ZDHC), Textile Exchange, and the Apparel Impact Institute (Aii) announced new partnerships in order to accelerate impact and drive new efficiencies for the industry.
Amazon Launches “Climate Pledge Friendly” Shopping Program
Amazon announced its latest Climate Pledge Friendly shopping program to help customers identify the more than 24,000 products that have met 18 sustainable certifications on its site.
Ortovox Hires Northwest Reps
Ortovox, the specialist in avalanche safety equipment and technical mountainwear, announced a partnership with Elevated Adventures LLC, an agency owned by Joel Anderson, to lead sales efforts in the Northwest.
