SGB Update Outdoor
Snow Peak Strengthens Its North American Management With Three New Leaders
Snow Peak , the outdoor lifestyle company, announced it has welcomed three new members to its leadership team. Filling the roles of chief financial officer, chief operating officer and senior retail manager, Snow Peak USA is poised to make 2019 a year of major growth.
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Deckers Brands Hikes Outlook On Robust Wholesale Growth
Deckers Brands Inc. sharply raised its earnings guidance for its fiscal year after reporting earnings in the third quarter December 31 easily topped guidance. The gains were led by a 12.5 percent climb in wholesale revenue. Ugg’s sales grew 3.6 percent while Hoka One One’s revenues jumped 79.2 percent.
Invista Completes Sale Of Apparel & Advanced Textiles Business
Invista has completed the previously announced sale of its Apparel & Advanced Textiles business to an affiliate of Shandong Ruyi Investment Holding.
NSSRA Elects New Officers And Directors
The National Ski & Snowboard Retailers Association (NSSRA), at its annual meeting at the Outdoor Retailer Snow Show, elected three Officers and four new members to serve on the board of directors.
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Denver To Host First-Ever UIAA Ice Climbing World Cup Finals
For the first time ever in North America, the world’s top men and women ice climbers will compete in the UIAA Ice Climbing World Cup Finals. From February 22-24, in downtown Denver’s Civic Center Park, onlookers can watch elite athletes compete for world titles in multiple categories.
Timberland Names Chris McGrath Vice President, Global Footwear Design
Timberland announced that industry veteran Chris McGrath has been named vice president, global footwear design. In this role, McGrath will lead the brand’s footwear design strategy across men’s, women’s and kids’, working closely with recently-appointed creative director Christopher Raeburn.
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Moody’s Lowers Academy’s Debt Ratings Again
Moody’s Investors Service downgraded Academy’s debt for the second time since September 2018. The downgrades reflect Moody’s expectations for continued weak earnings and credit metrics in the near term, driven by a challenging operating environment, the transition of the company’s merchandising assortment, margin pressure from the mix shift to e-commerce and investments needed to improve the store and digital experience.
Unifi Announces Recipients Of 2nd Annual Repreve Champions Of Sustainability Awards
Unifi Inc. announced its second annual Champions of Sustainability awards.This year, a total of 68 companies are being recognized as Champions of Sustainability – a 36 percent increase from last year’s total. With their help, Unifi said it has now recycled more than 14 billion bottles that are used to make its Repreve performance fiber.
Safilo’s Sales Rise 1.3 Percent In Q4
Safilo Group S.p.A. reported preliminary net sales in the fourth quarter equaled €249.1 million, up 1.3 percent at constant exchange rates and 1.8 percent at current exchange rates compared to the same period of 2017. The performance of the wholesale business was negative by 4.1 percent at constant exchange rates.
Yamaha Sponsors 2019 Major League Fishing Events
Yamaha announced that it has joined Major League Fishing (MLF) as an official outboard sponsor of the 2019 Bass Pro Tour.
Black Diamond To Sponsor Freeride World Tour
Black Diamond Equipment, along with its sister brand Pieps, are named as official supplier and safety partners for the Freeride World Tour for the next three years.
Polartec Commits To 100 Percent Recycled Materials And Biodegradability
Polartec, the producer of innovative and sustainable textile solutions, introduced its Eco-Engineering initiative to use recycled and biodegradable materials across its entire product line.
The Leisure Collective Appoints New General Manager USA
The Leisure Collective International (TLCI), owner and manufacturer of globally recognized brands ‘Creatures of Leisure’ and ‘OTIS Eyewear’ announced the appointment of Chad Crites to the position of general manager USA.
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Reef Appoints Mike Jensen As President
Reef, the beach lifestyle brand, announced that it has appointed Mike Jensen as president. Jensen most recently served as general manager and head of brand of DC Shoes.
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NPD To Acquire Assets Relating To SportsOneSource POS Sports And Outdoor Tracking Business
The NPD Group has signed an agreement with SportsOneSource, LLC (SOS) to acquire assets relating to the company’s SSI Data POS Sports and Outdoor tracking business. SportsOneSource will continue to support the active lifestyle market through its SGB Media publishing properties, including SGB Update, SGB Executive and SGB Today.