SGB Update Outdoor

Hook + Gaff Watch Shifts To Direct-To-Consumer Model

Hook + Gaff Watch Company, the South Carolina-based sports-watch maker with a focus on fishing, is transitioning to a direct-to-consumer only business model to be effective starting March 15.

L.L. Bean Resumes Growth In 2018, Bonuses Return

L.L. Bean reported sales reached $1.6 billion in 2018, a 1 percent gain over 2017. Based on those results, the company’s directors approved a 5 percent annual pay bonus to about 5,400 year-round employees and an additional 2 percent enhancement to their 401(k) contributions.

Burris Company Appoints Sales Manager

Burris Company, Inc. the maker of optics under the Steiner and Burris brands, appointed Todd Fulton as the company’s newest sales manager.

Amer To Sell Mavic To Regent

Amer Sports has entered in an exclusivity period with Regent, a U.S.-based global private equity firm, for the sale of the shares and related cycling business of Mavic S.A.S.

VF Corp Appoints Veronica Wu To Board

The board of directors of VF Corporation elected Silicon Valley venture capitalist Veronica Wu as a director, effective March 12, 2019.

Leki Welcomes Ultra Runner Xavier Thevenard As Brand Ambassador

Leki, a leader in skiing, trekking and trail running poles, announced they have signed a two-year agreement with elite trail runner Xavier Thevenard to represent the brand and use Leki trail running poles exclusively for training and during competition.

LEM Helmets Welcomes Jay Petervary To Ambassador Team

LEM Helmets, manufacturer of cycling helmets, welcomed Jay Petervary to its growing ambassador team. Petervary – AKA JayP – brings more than 25 years of experience and accomplishments in ultra-endurance and adventure racing to the LEM team.

Dorel Sports’ Q4 Sales Slip

Dorel Industries Inc. reported fourth quarter revenue in its Dorel Sports segment declined 1.7 percent, to $232.7 million from $236.8 million last year but grew by approximately 2.6 percent after excluding the negative impact of varying foreign exchange rates year-over-year and the divestments of the Sugoi and Sombrio brands in the second quarter of 2018.

Safilo’s Losses Narrow In 2018

Safilo Group S.p.A., the parent of the Smith eyewear brand, reported an improved loss on an adjusted basis in 2018 due to cost savings. Sales were down 4.0 percent on a currency-neutral basis.

The North Face To Sponsor Mountainfilm

Mountainfilm, the documentary film festival  held every Memorial Day weekend in Telluride, CO, announced The North Face as its new presenting sponsor.