SGB Update Outdoor

RECALL: Igloo Marine Elite Coolers

Igloo is voluntarily recalling some of its Marine Elite coolers. The company said it’s possible that the stainless-steel latch could, inadvertently close where a person could potentially become locked inside.

Thru-Hike Syndicate Kicks Off Sixth Season

Vasque announced its roster of ambassadors for the Thru-Hike Syndicate’s 2019 season. The Thru-Hike Syndicate is supported by Vasque, Osprey Packs, NEMO Equipment, Leki Trekking Poles and Darn Tough Vermont.

Hammerhead Secures $4.1 million In Funding

Hammerhead, maker of the Karoo cycling computer, has closed a $4.1 million seed plus round, led by Primary Venture Partners and KB Partners. Also participating were Courtside Ventures, Maveron, Robin Thurston, the co-founder of MapMyFitness and previously Chief Digital Officer at Under Armour, and Andy Ording, the CEO of Zipp.

Accell Group Sees Growth Accelerate In 2018 Second Half

Accell Group N.V., the leading European bicycle company with brands such as Haibike, Koga, Batavus and Raleigh, announced that its ‘Lead Global. Win Local’ strategy is starting to pay off in its core markets (excluding North America). Growth in the second half of 2018 accelerated to 10.4 percent, bringing FY core turnover growth to 6.1 percent.

Vail Resorts Reduces Earnings Outlook

Vail Resorts Inc. lowering its earnings guidance for its fiscal year ending July 31, 2019, primarily due to the disappointing results from destination visitation in the pre-holiday period and also due to shortfalls from expectations at our Tahoe resorts and Whistler Blackcomb. 

National Park Service Visitation Tops 318 Million In 2018

Visitation to America’s national parks in 2018 exceeded 300 million recreation visits for the fourth consecutive year. The 318.2 million recreation visits total is the third highest since record keeping began in 1904.

Bogs Revenues Jump 34 percent In Q4

Weyco Group Inc. reported wholesale revenues at Bogs jumped 34 percent in the fourth quarter. Overall sales were $89.6 million, an increase of 12 percent compared to fourth quarter 2017 net sales of $80.3 million.

Patagonia Hires Former General Counsel Of EPA

Patagonia said is has hired Avi Garbow, the Environmental Protection Agency’s longest-serving general counsel, as environmental advocie to “ensure we are doing everything we can to protect our planet.”