SGB Update Outdoor
Toys R Us Cancels Bankruptcy Auction, Plots Comeback
According to documents filed in bankruptcy court, Toys R Us’ lenders cancelled the bankruptcy auction of intellectual property assets after receiving qualified bids for assets by investors seeking to revive the chain.
Timberland Opens Experiential Pop-Up In NYC
Timberland opened the doors to the company’s first experiential pop-up store on New York’s famed Fifth Avenue, at 43rd Street. The concept store reflects the brand’s 45-year heritage through the lens of nature–living trees, natural earth terrariums, an over-sized living green wall–and experiential weather moments to inspire the community to embrace the outdoors in the city.
North Face Presents “Free Solo” Speaker Series Tour
The North Face announced the Free Solo Speaker Series tour, featuring professional athletes Alex Honnold and Jimmy Chin. Through the eyes and lens of filmmaker/climber Jimmy Chin, the audience will follow climber Alex Honnold’s two-year journey to achieve the greatest climbing feat the world has ever seen – climbing 3,200 feet of El Capitan in Yosemite National Park without a rope.
Conservation Alliance Raises $879,000
The Conservation Alliance sent grants totaling $879,000 to 22 organizations working to protect wild places throughout North America.
Pacific Market International Names New CEO and New Sales Leadership
After 35 years at the helm, Pacific Market International (PMI) founder Rob Harris is proud to announce Bob Keller’s appointment as the new CEO. Effective immediately, Keller is responsible for day-to-day operations of the company, reporting to the board of directors, while Harris transitions to the role of PMI’s chairman of the board.
Sun & Ski Sports To Open At La Plaza Mall
Sun & Ski Sports will open the company’s newest location at the Valley’s leading shopping destination, McAllen’s La Plaza Mall, in November 2018. This will be the first store in the Rio Grande Valley for the Texas based retailer.
Alterra Mountain Co. Closes On Crystal Mountain Resort In Washington
Alterra Mountain Co. announced Monday that the company has closed on the purchase of Crystal Mountain Resort in Washington, bringing the company’s total to 14 year-round mountain destinations throughout North America, including the world’s largest heli-skiing operation.
Outdoor Project Recaps Successful Second Year Of Women In The Wild
Outdoor adventure and travel media platform Outdoor Project publicly announced the results of the platform’s Women in the Wild 2018 series. By the numbers, the campaign included four giveaways through the platform’s website and Instagram channel featuring prizes from 38 participating brands worth $20,000.
Grassroots Outdoor Alliance Expands To 70 Retailers
Grassroots Outdoor Alliance, the national organization dedicated to the health and growth of independent specialty retail, this week welcomes five new members to the alliance’s retailer network.
Ski Industry Releases 2018 Annual Environmental Report
The National Ski Areas Association (NSAA) has released the association’s 18th Sustainable Slopes Annual Report detailing the ski industry’s progress in implementing the principles of the association’s Environmental Charter during the 2017-18 season.
Camping World Promotes Brent Moody To President
Camping World Holdings Inc., the nation’s largest outdoor and RV company, announced the promotion of Brent Moody to the role of president of Camping World Holdings.
Birkenstock To Open First U.S. Store
Birkenstock announced the company has opened its first company-owned retail store in the United States. The store is located at 120 Spring Street in the historic SoHo neighborhood of lower Manhattan.
Yeti Re-Files For An Estimated $300 Million IPO
Yeti Holdings again filed on Friday with the SEC to raise up to $100 million in an initial public offering. However, the deal size is likely a placeholder for an IPO that we estimate could raise upwards of $300 million. Yeti had previously filed to raise the same amount in July 2016, but withdrew the company’s initial filing in March of this year.
RECALL: TerraTrike Adult Tricycles
About 600 adult tricycles from TerraTrike are being recalled.
Vail Resorts Q4 Loss Widens, Annual Earnings Expand
Vail Resorts Inc. reported that its losses in the fourth quarter ended July 31 grew to $83.7 million, or $2.07 a share, from $57.1 million, or $2.07, a year ago. Results were better than Wall Street’s consensus target of a loss of $2.26. Sales increased 1.2 percent. Resort Reported EBITDA growth for the year grew despite “very challenging conditions” in the western U.S. this past winter.
