SGB Update Outdoor

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.

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.

DPS Skis Hires European Sales Manager

DPS, makers of ski products, recently hired Louis Boudrias as part of the company’s internal sales team expansion. Boudrias will serve as the brand’s European sales manager.

Colorado Teardrops Announces Expansion And Relocation

Colorado Teardrops, specializing in premium teardrop style trailers, announced that it’s relocating its headquarters to a new building on October 1, allowing for further expansion as the company grows.

Vasque Names Allison Gettings VP And General Manager

Vasque Footwear, part of the Red Wing Shoe Company, announced that Allison Gettings has been named vice president and general manager of Red Wing Vasque. George Curleigh, who has served as vice president and general manager for Vasque and Red Wing Heritage for two years, will pivot to focus exclusively on the global growth of Red Wing Heritage.

Vail Resorts Closes Its Acquisition Of 3 Resorts

Vail Resorts Inc. on Thursday announced that the company has closed on its acquisition of Triple Peaks LLC, the parent company of Okemo Mountain Resort in Vermont, Mount Sunapee Resort in New Hampshire and Crested Butte Mountain Resort in Colorado.

Amazon Opening Store For 4-Star Rated Products

Amazon on Thursday opened Amazon 4-star, a new physical store where everything for sale is rated 4 stars and above, is a top seller, or is new and trending on Amazon.com.

Woolmark Appoints PR Agency

The Woolmark Company has hired Backbone Media to manage the company’s U.S. public relations activity in the sports and outdoor arena.

Bass Pro Sues Startups From Ex-Cabela’s Employees

Bass Pro is suing two startup retailers in Sidney, NE, started by former Cabela’s managers, charging they stole proprietary information and violated non-compete agreements in starting their businesses.

Timberland Hosts 21st Annual Serv-a-Palooza

Timberland is hosting the company’s annual Serv-a-Palooza volunteer initiative in more than 19 countries throughout the months of September and October. Timberland employees, partners and community members will address community-based needs around the globe from the company’s headquarters in Stratham, NH to Milan, Hong Kong, Mexico City and beyond.

OIA Endorses Maria Cantwell For U.S. Senate

Outdoor Industry Association (OIA) announced the association’s endorsement of U.S. Senator Maria Cantwell for re-election because she is a longtime champion of the outdoor industry and actively works to bolster Washington state’s $26.2 billion outdoor recreation economy and the 201,000 jobs it supports.