SGB Update Outdoor
American Alpine Club Announces 2018 ‘Excellence in Climbing’ Honors And Benefit Evening
The American Alpine Club, the country’s oldest and largest climbing and mountaineering member organization, has announced the organization’s 2018 inductees to the Hall of Mountaineering Excellence and the winner of the 2018 H. Adams Carter Literary Award.
Upventur Acquires Outdoor Adventure App Yonder
Upventur, a social platform for the outdoor and travel space, has acquired Yonder, an app built to inspire and enable the love of the outdoors. Terms were not disclosed.
Gore-Tex Names Climber Alex Megos To Global Athlete Team
Gore-Tex has named climber Alex Megos to its global athlete team.
Adidas Outdoor Re-Signs Climber Kai Lightner To Athlete Team
Adidas Outdoor USA has re-signed climber Kai Lightner, 18, to the company’s team of athletes. Lightner is a 10-time national champion in the USA Climbing youth circuit and won four Pan American Championship titles. Last year, Lightner took first and second place in the adult lead and bouldering national championships as one of the youngest competitors in the field.
Dick’s Sporting Goods To Open Four New Stores In May
Dick’s Sporting Goods will be open four new Dick’s Sporting Goods stores in May. The stores are in Aurora, CO (grand opening ceremonies are May 19-20), West Long Branch, NJ (May 25-27), Gurnee, IL (May 25-27), and McAllen, TX (May 25-27).
Bogs Sales Slip 2 Percent In Q1
Weyco Group Inc. reported sales at Bogs were down 2 percent in the first quarter. Companywide sales were up 1 percent.
Tenkara USA Names Patrick Stratton CEO
Fly-fishing equipment company Tenkara USA has named industry veteran Patrick Stratton CEO. He will join Daniel Galhardo on the senior management team.
April Retail Jobs Up 3,700 From March
Retail industry employment increased by 3,700 jobs seasonally adjusted in April over March and 48,900 jobs unadjusted year-over-year, the National Retail Federation said Friday.
Newell Brands To Divest Pure Fishing
Newell Brands announced the expansion of its Accelerated Transformation Plan, adding Jostens and Pure Fishing to the list of potential divestitures previously announced.
Dorel Sports’ Revenues Slide In Q1
Dorel Industries reported revenues its Dorel Sports segment declined 3.5 percent. Excluding the impact of foreign exchange rates, organic revenue decreased by approximately 6.2 percent.
Johnson Outdoors Q2 Earnings Jump 55 Percent
Johnson Outdoors Inc. reported double-digit increases in sales and earnings driving record-high results during the company’s 2018 second fiscal quarter and first fiscal six months ending March 30, 2018.
VF’s March Quarter Highlighted By Vans’ Explosive Growth
VF reported earnings for the transition quarter ended March 31 rose 20.9 percent on a 21.7 percent revenue gain. Excluding the Williamson-Dickie acquisition, revenues increased 12 percent (up 8 percent currency neutral).
REI To Donate Up To $1 Million To National Forest Foundation
As part of a multi-year partnership with the National Forest Foundation (NFF), REI will donate up to $1 million to the nonprofit in 2018. Funds will support 11 projects that steward the country’s National Forests and Grasslands and restore access in areas damaged by natural disasters like wildfires and hurricanes.
GoPro Beats Q1 Earnings, Revenue Estimates
GoPro reported a loss of $76.3 million, or 55 cents a share, in the first quarter, but after adjustments, a loss of 34 cents per share beat Wall Street estimates of a loss of 36 cents per share. The company’s Q1 sales of $202.3 million beat the expected $182.2 million.
Academy Sports To Open Two New Locations In NC
Academy Ltd., dba Academy Sports + Outdoors, will open the company’s first stores in Matthews, NC and Winston-Salem, NC, this summer. The company recently opened the first store in New Bern, NC, last month.
