SGB Update Outdoor
REI To Open Store In Appleton, WI
REI Co-op is opening a new store in Appleton, WI in spring 2020. With nearly 300,000 lifetime REI members in the state, REI Appleton will join existing stores in Brookfield and Madison in Wisconsin.
Patagonia Founder And CEO To Receive Environmental Achievement Award
The Environmental Law Institute (ELI) announced that it will present its 2019 Environmental Achievement Award to Yvon Chouinard, founder of Patagonia, and Rose Marcario, Patagonia’s president and CEO, in recognition of their visionary leadership and outstanding environmental stewardship at Patagonia.
RECALL: Faraday Electric Bicycles
About 4,450 electric bicycles are being recalled by Faraday. According to a release from the CPSC, the seat post on the bicycles can break, posing a fall hazard to the rider.
Seattle’s Ascent Outdoors To Re-Open Under New Ownership
Ascent Outdoors, which closed suddenly in late April, will re-open at least one store in July after being acquired by Sandeep Nain, the founder of retail and mountain climbing group Miyar Adventures, according to the Seattle Times.
Vantage Apparel Partners With 1% for the Planet
Vantage Apparel has partnered with 1% for the Planet, an organization that encourages companies to give back a portion of their sales to benefit the environment.
Nite Ize, Amazon File Lawsuit Against Counterfeiters
Nite Ize and Amazon. com, Inc. filed a joint lawsuit in U. S. District Court in Seattle against multiple counterfeit product importers and sellers spanning three countries, including the United States, Canada and China.
Stormtech Performance Apparel Welcomes Jay Paparone
Stormtech Performance Apparel appointed Jay Paparone to the USA sales management team, effective immediately.
Atomic Appoints Western Region Community Marketing Associate
Atomic hired industry veteran, Stephen Brown, as its new western region community marketing associate for the United States.
Gear.com Announces Give-A-Buck Scholarship Program
Gear.com announced the launch of its Give-A-Buck Scholarship Program. Gear.com will begin accepting applications for its first round of scholarship recipients on July 1 and select three scholarship recipients by September 30.
Newell Brands Names CFO Peterson As Interim CEO
Newell Brands announced the appointment of Executive Vice President, Chief Financial Officer Christopher Peterson as interim chief executive officer effective June 28. Peterson succeeds President and Chief Executive Officer Michael Polk, who is retiring effective at the end of June as previously announced.
Academy Sports Debt Ratings Upgraded Following Distressed Exchange
Standard & Poors Corp. raised Academy Sports’ debt ratings to ‘CCC+’ from ‘SD’ (selective default), as expected, a few days after lowering its rating following the retailer’s repurchase of a portion of its senior secured term loan facility due 2022. S&P said its continued negative outlook on Academy “reflects our expectation that weak performance will persist and meaningful operational improvement is unlikely in the next 12 months.”
Decathlon And YBike Support Bay Area Youth
Decathlon announced its initiative in support of YBike — a YMCA of San Francisco program that transforms Bay Area youth into active outdoor enthusiasts, skilled cyclists, and more confident young adults.
Columbia Sportswear Testifies Against the Trump Administration’s Proposed Tariff Hike
Katie Tangman in her testimony said, “Reducing investment to pay millions of dollars in extra tariffs and to move production, will seriously hinder our ability to continue to grow and create more U.S. jobs. At a time of rapid retail change, we simply cannot afford to slow our investments due to these punitive tariffs.”
Cabela’s Distribution Center In Sidney Sold
MMP Enterprises Inc., based in Toronto, signed a purchase agreement to acquire the former Bass Pro Shops/Cabela’s distribution center at 3200 Rd 101 in Sidney, NE. The news comes nearly four months after the announcement from Bass Pro Shops that the distribution center would be closed in order to meet their two-day shipping initiative.
Mountain Khakis Grows Product Team Again
Mountain Khakis announced two more additions to the product team: Jennifer Fernandez and Lisa Reinhart. Both based out of Charlotte, NC, Fernandez will take on the role of product line manager and Reinhart as senior development manager.
