SGB Update Outdoor

REI Co-op To Open Four Stores On November 15

For the first time in its 81-year history, REI Co-op will open four new stores in a single day on November 15, bringing quality outdoor gear, experiences and expertise to Farmington, UT; Huntsville, AL; Oklahoma City and Williston, VT. By the end of the year, REI will have opened a total of eight new stores, relocated two existing stores to larger locations, and opened three new boathouses in 2019.

Patagonia Opens First ‘Worn Wear’ Store

Patagonia opened its first dedicated Worn Wear pop-up store in Boulder, CO. Located at 1212 Pearl Street, the Worn Wear pop-up will be open through February, 2020 and will be stocked exclusively with quality Worn Wear items (used Patagonia products that have been bought back from customers) as well as Patagonia’s new ReCrafted Collection, a new line of products made from other clothes that are beyond repair.

Descente To Sponsor USA Triathlon

USA Triathlon (USAT) announced a partnership with Descente, based in Japan, to become USAT’s Official Outerwear Supplier for the next four years.

Canada Goose’s Q2 Revenues Climb 27.7 Percent

Canada Goose reported earnings rose 24.5 percent in the second quarter ended September 29 as sales grew 27.7 percent. Both earnings and sales topped Wall Street’s targets. The outerwear maker maintained its guidance for the year.

FishAmerica Foundation Awards Four Habitat Improvement Grants

The FishAmerica Foundation, in conjunction with the Brunswick Public Foundation, has selected four grassroots organizations that are working to improve water quality and aquatic habitat for funding under this cooperative partnership.

Outside Magazine’s 50 Best Places to Work In 2019 Released

Ergodyne, Lone Cone, Avid4 Adventure, CampMinder, SportRx, First Descents, Skullcandy and Powder7 landed on Outside Magazine’s 50 Best Places to Work in 2019.  Backbone Media, Gu Energy, Nuun, Stio and Toad&Co were among the honorable mentions.

Mayfly Outdoors Acquires Airflo

Mayfly Outdoors, the manufacturer of premium fly-fishing products, announced that it completed its acquisition of international fly line manufacturer, Airflo.

Hydro Flask Promotes Alan Kissell To VP Of Sales, North America

Hydro Flask, an award-winning leader in high-performance, insulated stainless steel flasks and soft good innovations and a Helen of Troy Limited company, promoted Alan Kissell to the newly created role of Hydro Flask vice president of sales, North America.

Thule Appoints CFO

Thule appointed Jonas Lindqvist as chief financial officer and member of Group Management in Thule Group, based out of the Group Headquarters in Malmö, Sweden.

Vista Outdoor Names Executive Officers

Brad Crandell was named Chief Human Resources Officer. Mark Kowalski was named Vista Outdoor’s Controller and Chief Accounting Officer. Dylan Ramsey was named vice president, general counsel and corporate secretary. Kelly Reisdorf was named vice president, chief communications and investor relations officer. Crandell, Kowalski, Ramsey and Reisdorf all previously served in senior roles at Vista Outdoor.

Dorel Sports’ Q3 Revenues Expands 14 Percent

Dorel Industries Inc. reported third quarter revenue at Dorel Sports increased 14.2 percent, to $250.3 million. The gains were driven by revenue growth across all three divisions, driven by strong performances at the Cycling Sports Group (CSG).