SGB Update Outdoor
Vista Outdoor’s Bike Protection Unit Undergoes Layoffs
Vista Outdoor has laid off 14 employees from its Bell, Giro and Blackburn headquarters in Scotts Valley, CA, Bicycle Retailer reported.
Moncler Sees Double-Digit Growth In First Half
Moncler S.P.A., the Italian-based based brand known for its down jackets and sportswear, reported earnings grew 16 percent in the first half as sales jumped 13 percent on a currency-neutral basis.
CamelBak Named Ultra-Trail Du Mont-Blanc’s Official Hydration Partner
CamelBak announced its sponsorship of Ultra-Trail du Mont Blanc (UTMB), the high altitude mountain race series.
Winnebago Industries Partners With KOA Care Camps
More kids and families facing cancer will experience the healing effects of nature in supportive camp environments, thanks to a partnership between KOA Care Camps and Winnebago Industries’ teams at Winnebago, Grand Design RV, and Chris-Craft.
VF Corp.’s Earnings Beat Estimates, Guidance Raised
VF Corp. raised its sales and earnings outlook for the year after reporting first-quarter earnings that topped Wall Street estimates. On a currency-neutral basis, sales grew 9 percent, led by a 23 percent jump by Vans and 12 percent gain at The North Face.
Virginia Becomes 15th State To Create Office Of Outdoor Recreation
Virginia became the 15th state in the nation to establish an office or task force dedicated to strengthening the outdoor industry, and the third on the East Coast.
Surfrider Foundation Adds Plastic Pollution Policy Expert
The Surfrider Foundation, a leading nonprofit organization dedicated to the protection of clean water and healthy beaches, announced the addition of Jennie Romer as a legal associate for the organization’s Plastic Pollution Initiative.
Fjällräven Opens New Flagship In Seattle
Fjällräven, the Swedish heritage brand, celebrated the grand opening of a new flagship brand center in Seattle’s downtown epicenter during the week of July 15, 2019.
First L.L.Bean Retail Store In Canada To Open In August
L.L.Bean through a partnership will open its first-ever Canadian retail location in the company’s 107-year history. The 13,000 square foot store is set to open on August 23r in Oakville Place, just outside Toronto, via an exclusive agreement with Jaytex Group, a 40-year old Canadian distributor of brand name outerwear and apparel.
Columbia Sportswear’s Tim Boyle Speaks Out Against Trump Administration’s Immigration Policies
In an internal memo, Tim Boyle, Columbia Sportswear CEO, blasted the Trump administration for its immigration policies, according to The Oregonian.
Accell Group’s Core Sales Climb 8.8 Percent In First Half
Accell Group N.V., the parent of Haibike, Koga, Batavus and Raleigh, reported sales in its core businesses in the first half were up 8.8 percent to €650.9 million. EBIT in its core businesses expanded 12.6 percent to €57.8 million.
Thule’s Q2 Revenues Climb 7 Percent
Thule reported earnings rose 8.9 percent in the second quarter on a 7.3 percent revenue gain. Magnus Welander, CEO and president, said in a statement, “After a strong April and stable May, growth in the month of June was a disappointment in the US as store owners became more cautious as a result of the additional 15 percent tariff on Chinese goods announced in May.”
PeopleForBikes Announces Community Grant Recipients
PeopleForBikes announced its latest round of community grants. The latest grant round totals $50,000 and includes eight projects in seven states.
Kate’s Real Food Appoints Sales Chief
Kate’s Real Food, producers of wholesome, hand-rolled energy bars made from organic ingredients, announced that company sales manager, Matt O’Rell, has been promoted to the position of EVP of sales.
QBP Appointed New U.S. Distributor For Fox Bicycle
Quality Bicycle Products (QBP) has been named the new U.S. wholesale distributor of Fox bike forks, shocks, dropper posts and service parts.
