SGB Update Outdoor
RILA Encouraged By Path Forward With China On Trade
Retail Industry Leaders Association’s vice president for international trade, Hun Quach, issued a statement following President Donald Trump’s meeting with Chinese President Xi Jinping during the G20 meeting in Argentina.
Lowa To Appoint Alexander Nicolai CEO
Lowa said that effective January 1, 2019, Alexander Nicolai will assume leadership of the Lowa’s operative business activities as the new chief executive officer. After heading Lowa for more than 25 years, Werner Riethmann will gradually begin to withdraw from daily business operations next year.
NRF Welcomes Delay Of January 2019 Tariff Increase
The National Retail Federation praised the Trump administration’s decision to hold off on tariff increases that were set to take effect January 2019.
Callaway Golf Company To Acquire Jack Wolfskin
Callaway Golf Company announced that it has entered into an agreement to acquire Jack Wolfskin for €418 million, or approximately $476 million. The acquisition furthers Callaway’s push into the active lifestyle category after its successful 2017 acquisitions of TravisMathew and Ogio.
Six Moon Designs Opens Applications For Ambassador Team
Six Moon Designs, the maker of tents, shelters, backpacks and other accessories, is looking for hikers, backpackers, paddlers and ultrarunners to be a part of the new SMD Ambassador Team.
LL Bean Family Members Donate $4M To Maine Medical Center
Medical Center announced today a gift of $4 million provided by Lisa Gorman and the children of L.L. Bean Chairman Emeritus Leon Gorman and their spouses. In recognition of the gift, the planned Congress St. building lobby will be named after the late Leon Gorman.
AAFA’s 2019 American Image Awards Honorees Include Birkenstock, United Legwear
The American Apparel & Footwear Association’s 2019 AAFA American Image Awards honorees include United Legwear & Apparel, a joint venture partner of Puma and licensee of Skechers and Champion; as well as Birkenstock.
Mountain Equipment Supports Ice Climbing Community
Mountain Equipment, a U.K. designer and manufacturer of outdoor gear and apparel, announced that the brand is renewing its sponsorship at the Ouray Ice Festival in January 2019 by increasing its involvement as an Official Sponsor.
Yeti Beats On EPS In First Public Earnings Report
In its first earnings report since going public, Yeti Holdings Inc. on Thursday reported adjusted net income for its third quarter ended September 29 grew 81 percent to $20.2 million, or 24 cents per diluted share, beating Wall Street’s targets by 3 cents.
New Arc’teryx Brand Store Opens In Fukuoka, Japan
Arc’teryx continues to expand in the Japanese market with the recent opening of a new brand store in Fukuoka. With 264 square meters located in two floors, it is the brand’s largest in-mall-store in Japan.
Lem Helmets Appoints National Sales Manager
Lem Helmets, manufacturer of cycling helmets, welcomed Sam Whitley to the team as national sales manager. Most recently, Whitley was at Kenda Tires.
LeftLane Sports Cyber Monday Sales Climb 30 Percent
LeftLane Sports announced that its Cyber Monday sales were up 30 percent company-wide over last year. In addition, the company had its largest sales day in its history during its November promotion.
Smartwool Rolls Out Advocacy Efforts
Throughout the holiday season, Smartwool is pledging to donate to Protect Our Winters and SOS Outreach. At the same time, Smartwool employees are tackling hands-on projects to show their support for Colorado families experiencing food insecurity, members of the military serving overseas, and underserved youth around the country.
Patagonia To Donate $10 Million From Tax Cut To Environmental Causes
This holiday season, Patagonia said it is giving away the $10 million in unplanned cash the company saw as a result of last year’s “irresponsible” tax cut. According to the company, the tax cut was not only a windfall for the oil and gas industry but will also open up 19 million acres of Alaska’s wildlife refuge.
Paddlesports Retailer Announces 2019 Location & Dates
Paddlesports Retailer, the official national trade show of the paddlesports industry, will remain in Oklahoma City, OK, for at least the next two years.
