SGB Update Outdoor
Salomon Teams With Lake Sonoma 50 To Support Northern California Charity
Salomon announced its partnership with Lake Sonoma 50, the endurance race held near Healdsburg, CA, known for its relentless course and charitable spirit.
Turtle Fur Takes Steps To Reduce Environmental Impact of E-Commerce
Turtle Fur announced it is joining a pilot program with Limeloop reusable shippers. Limeloop created smart shippers, produced from recycled billboards that can be shipped to the customer with a pre-printed return label inside.
Clarus Corp. Sees Q4 Exceeding Guidance
Clarus Corp. again lifted its guidance for the year ended December 31 due to healthy revenue increases in the fourth quarter. The gains were led by 8 percent growth from Black Diamond and 14 percent growth from Sierra Bullets.
Head Sport Acquires Advanced Sports Enterprises’ Assets
Head Sport, the Austrian firm best known for its skis and tennis rackets, has acquired Advanced Sports Enterprises (ASE), the parent of Performance Bicycle and cycling brands including Fuji, SE Bikes, Kestrel, and Breezer, for $21.5 million at a bankruptcy auction.
Sisu Magazine Launch Targets Broader Outdoor Audience
Coalition Snow will celebrate the release of its first magazine, Sisu, with a launch party at the upcoming Outdoor Retailer show in Denver on January 29.
Mountain Lodging Seeing Strong Growth
Strategic rate management coupled with widespread snowfall across the western portion of the U.S. helped turn December from a challenging month to a revenue winner for mountain lodging properties. That assessment was delivered by Inntopia in their monthly DestiMetrics Market Briefing.
Merrell Pledges To The National Park System
Merrell has made a $25,000 pledge to the National Park Foundation, the official nonprofit partner of the National Park Service.
VF Corp Lifts Full-Year Guidance On Vans Gains
VF Corporation raised its guidance for the year after reporting earnings in its third quarter ended December 29 came in well above Wall Street’s consensus estimates. Sales grew 8 percent led by a 25 percent hike in Vans and a 14 percent gain at The North Face.
Hemisphere Design Works Names Jim Fox New CEO
Hemisphere Design Works, the world’s largest maker of kayaks, announces the hiring of Jim Fox as its new Chief Executive Officer. Fox’s predecessor, Chuck Smith, stepped down from his position following a mutual agreement. Fox will now oversee the company’s continued evolution in a rapidly growing market
Jay Getzel Leaves Mountainsmith To Join Nite Ize
Mountainsmith President Jay Getzel has left the company to join Nite Ize Inc. as director of its outdoor/pet/toy division. Getzel, who brings more than 19 years of outdoor industry experience, will oversee current vertical retail channels and develop new relationships in support of Nite Ize’s expansion into the travel category.
Shopko Files For Bankruptcy
Shopko, the operator of general merchandise stores based in Green Bay, WI, filed for Chapter 11 in the District of Nebraska. The company is pursuing restructuring as a result of “excess debt and ongoing competitive pressures.”
Kathmandu Appoints Amy Beck As President Of Oboz/Kathmandu North America
Kathmandu Holdings Ltd. on Thursday announced the appointment of Amy Beck to the position of president, Obōz/Kathmandu North America, based at the company’s North American headquarters in Bozeman, MT.
Head North America Appoints Winter Sports President
Head North American CEO/President, Kevin Kempin announced the promotion of Jon Rucker to president, Head/Tyrolia USA Winter Sports Division.
Stanley Parent Appoints CFO And COO
Pacific Market International (PMI), the manufacturer of food and beverage container solutions including the Stanley brand, announced David Parker has been hired as chief financial officer and chief operating officer.
Grassroots Outdoor Alliance Speaks Out On Promotional Emails
Gabe Maier, Grassroots Outdoor Alliance vice president, sent the following letter about promotional emails to the trade press on Wednesday. SGB is posting it in its entirety.
