SGB Update Outdoor

Canadian Tire Agrees To Acquire Helly Hansen

Canadian Tire Corporation Ltd (CTC). entered into an agreement to purchase Helly Hansen, the maker of sportswear and workwear based in Oslo, Norway. The purchase price was Canadian $985 million (U.S. $771 mm).

Helinox Hires Marketing And Sales Chiefs

Helinox, the maker of  lightweight collapsible furniture, announced the hiring of a VP of marketing, Azul Couzens and a VP of sales, Trudy Hutton.

Europe Boosts Safilo Group’s Q1 Revenue

Safilo Group S.p.A. reported first-quarter gross profit reached €127.5 million, up 9.1 percent compared to €116.8 million in the first quarter of 2017.

Wolverine Worldwide Lifts Guidance On Strong Q1

Wolverine Worldwide reported adjusted earnings rose 35 percent in the first quarter to 50 cents a share, exceeding Wall Street’s consensus estimate of 37 cents a share. Underlying revenue inched up 0.3 percent on a currency-neutral basis as Merrell, Sperry and international exceeded expectations.

NSAA Awards 7 Ski Resorts With Marketing Honors

The National Ski Areas Association (NSAA) awarded seven ski areas top honors for their 2017-18 marketing programs. NSAA announced the winners at the company’s national convention and trade show last week in Marco Island, FL.

ISA TanTec’s Wins Italian Tannery Scored LWG Silver Award

After a recent audit by the Leather Working Group (LWG), Scamosceria del Brenta srl (Scabrenta), the new member of international tanning group ISA TanTec has obtained a Silver award for the company’s Italian based tannery.

Clarus Misses On Income As Sierra Acquisition Boosts Q1 Revenue

Clarus Corp., parent company of Black Diamond, Sierra Bullets and Pieps, reported net income for the first quarter ended March 31 improved to $0.4 million, or 1 cent per share, compared to a net loss of $1.5 million, or a loss of 5 cents per share, the same quarter a year ago.