SGB Update Outdoor

VF, Patagonia and Thule Kick Off Outdoor Foundation’s Participation Campaign

VF Foundation pledged $1 million to the Outdoor Foundation’s core goal to invest in communities to help kids and families get outside–and do so more often. VF is joined by Patagonia and Thule, which have made significant multi-year pledges. In addition, REI has committed to a future investment.

OIA Releases Congressionial Scorecard To Support Vote

OIA released the association’s scorecard as the association announced a broader Vote the Outdoors campaign during Outdoor Retailer Summer Market in Denver. The campaign is aimed at educating elected officials, candidates and voters about the benefits of the outdoor recreation economy and important issues in their communities through social and earned media.

OIA Releases First-Ever Sustainability Report

Outdoor Industry Association (OIA) released the association’s first-ever State of Sustainability in the Outdoor Industry report surveying 120 individual small, midsize and large companies in the outdoor industry to quantify the outdoor industry’s long-time collaborative efforts to reduce the impacts of its products and processes.

Luxottica Group Q2 Sales Improve

Luxottica Group S.p.A. reported net sales accelerated in the second quarter, growing by 1.4 percent at a currency-neutral basis. The results were driven by the strong performance of the Retail division and e-commerce platforms as well as solid growth in North America and Asia-Pacific.

Accell Group Sees Modest Growth In First Half

Accell Group N.V. reported sales rose 2.7 percent on a currency-neutral basis in the first half on the back of strong demand for e-(performance) bikes. Lower sales were seen in the Benelux and North America.

VF Corp Lifts FY Outlook After Robust Q1 Results

VF Corp. reported earnings 62 percent on an adjusted basis in the first quarter ended June 30, to 43 cents a share, well above Wall Street’s consensus estimate of 33 cents. Sales grew 23 percent on a reported basis and were up 21 percent in constant dollars Currency-neutral sales jumped 32 percent at Vans and 5 percent at The North Face.