SGB Update Outdoor
Wigwam Mills Sued By Terminated CEO
Wigwam Mills Inc. has been sued by its former CEO for issues stemming from his April termination from the company.
Dick’s SG Launches Two New Concept Stores
Dick’s Sporting Goods said it will be expanding its nationwide footprint with the opening of two new concept stores – Overtime by Dick’s Sporting Goods and Dick’s Sporting Goods Warehouse. With these openings, Dick’s will have 11 outlet and clearance centers open in nine different states.
Canada Goose Appoints North America President And Chief Of Staff
Canada Goose has appointed of Carrie Baker as President, North America and Kara MacKillop as Chief of Staff and EVP People & Culture.
New Campaign Touts Fishing And Boating For Pandemic Stress Relief
As COVID-19 continues to wear on Americans’ mental health, Take Me Fishing and Discover Boating are launching a new public service campaign called Get On Board to raise awareness about the wellness benefits of fishing and boating.
Interior Department Report Reveals $41.7 Billion Benefit From National Parks In 2019
U.S. Secretary of the Interior David L. Bernhardt has announced the annual economic benefit of national parks to the U.S. and local economies. In 2019, visitor spending in communities near national parks resulted in a $41.7 billion benefit to the nation’s economy and supported 340,500 jobs.
Accell Group Sees Bike Sales Rebound In May As Europe Re-Opens; Cuts Dividend
Accell Group N.V. reported that bike sales in May rebounded after weak March and April sales. The Dutch company also said it had arranged “an additional credit facility as a precautionary action to secure robust access to liquidity in light of the uncertainty and volatility caused by the COVID-19 pandemic.”
Lululemon DTC Surges To 54 Percent Of Sales In Fiscal First Quarter
Lululemon Athletica Inc. reported that net revenue for the first quarter ended May 3 was $652.0 million, a decrease of 17 percent compared to the first quarter of fiscal 2019.
Girl Scouts Offers Virtual Camp And Safe Outdoor Activities To Girls Nationwide
Girl Scouts of the USA is launching three outdoor initiatives to keep girls entertained and engaged in virtual and in-person environmental activities starting this summer. Offerings include virtual summer camps, free online experiences tied to the outdoors and virtual events.
Patagonia CEO Rose Marcario Steps Down
Patagonia’s CEO Rose Marcario, shown above right with Patagonia’s founder Yvon Chouinard, has stepped down after a six-year stint. Chief operating officer Doug Freeman is taking her place momentarily until the search for a successor is found.
OIA Elects One Returning Board Member; Adds Four New Faces
Outdoor Industry Association elected one returning director four new incoming directors who will officially begin their three-year terms at the upcoming board meeting on June 22.
ORR Makes Final Push For Senate To Pass The Great American Outdoors Act
Over 100 outdoor businesses, from Fortune 500 companies to mom and pop shops, including specialty retailers, apparel, gear and vehicle manufacturers, outfitters and guides, campground and marina operators, and more sent a letter to Senate leadership urging swift passage of the Great American Outdoors Act.
Lolë Parent Files For Bankruptcy In Canada
Coalision, the Montreal-based parent of Lolë and Paradox activewear brands, has filed to reorganize under the Bankruptcy and Insolvency Act in Canada to seek new funding or a buyer.
Report: COVID-19 Has Not Reduced Consumers’ Demand For Sustainable Solutions
Kearney’s annual Earth Day survey found consumers still show a strong and growing interest in the environment even as COVID-19 continues to ravage the nation.
RECALL: Field & Stream Safety Ropes
About 63,000 Field & Stream safety ropes are being recalled by Dick’s Sporting Goods. According to a release from the U.S. Consumer Product Safety Commission, the ropes can fail when used in freezing conditions, posing fall and injury hazards.
Emerald Holding To Receive $400 Million Convertible Preferred Stock Infusion
Emerald Holding Inc., the parent of Surf Expo, Outdoor Retailer and other trade shows, announced plans to raise $400 million through the issuance of convertible participating preferred stock to affiliates of Onex Corporation, the company’s controlling stockholder and in a subsequent rights offering.
