SGB Update Outdoor
MIPS And POC Sweden Reach Settlement
MIPS and POC have agreed on a settlement with respect to ongoing legal proceedings.
Columbia Sportswear Net Income Soars 25 Percent In Q1
Columbia Sportswear Co. reported that net income grew 25 percent to $45.1 million on 12 percent revenue surge in the first quarter, beating analysts’ estimates. First-quarter net income was $45.1 million, or 64 cents per share, compared with first quarter 2017 net income of $36 million, or 51 cents per share. Analysts expected the company to earn 58 cents per share in the quarter.
Patagonia Invests In NuMat Technologies
NuMat Technologies, an advanced materials startup focused on programmable nanomaterials, has received an investment from Tin Shed Ventures, Patagonia’s strategic investment arm.
SylvanSport Names Craig McAnsh VP Of Marketing
SylvanSport has named Craig McAnsh as vice president of marketing. McAnsh will lead all branding, marketing, advertising and communications for SylvanSport as the company looks to grow across North America and globally.
Helen of Troy’s Housewares’ Sales Climb Double-Digits In Q4
Helen of Troy Ltd. reported sales in the company’s Housewares segment, which includes Hydro Flask and OXO, jumped 13.4 percent in the company’s fourth quarter ended February 28.
Amer Sports Q1 Earnings Pick Up
Amer Sports reported operating earnings before charges rose 14 percent in the first quarter as higher gross margins and robust profitability gains in its Outdoor segment helped offset currency headwinds.
Osprey Appoints Bike Sales Manager
Osprey Packs announced the hiring of Jack Gresmer as bike sales manager.
Unifi’s Q3 Earnings Tumble
Unifi Inc. reported earnings fell sharply in the third quarter ended March 25 due to rising raw material costs and sales mix challenges. The maker of synthetic and recycled performance fibers now expects operating earnings for its fiscal year to be “well below” year-ago levels.
Gander Outdoors To Open In Greensburg And Saginaw
Gander Outdoors, formerly known as Gander Mountain, set grand opening events for new stores in Greensburg, PA and Saginaw, MI.
Arne Arens Joins The Conservation Alliance Board Of Directors
The Conservation Alliance welcomed Arne Arens, global brand president of The North Face, to its board of directors. Arens fills the seat vacated by the untimely passing of Ann Krcik, who represented The North Face on the board for three years.
Shimano’s Q1 Earnings Climb 13 Percent
Shimano Inc. reported earnings rose 13.2 percent in the first quarter on a 6.7 percent revenue gain. The Bicycle Components segment delivered a 5.1 percent sales gain while the Fishing Tackle segment expanded 13.2 percent.
Camping World To Open Stores In Minnesota And Wisconsin In 2019
Camping World Holdings Inc. will open new SuperCenters in Baxter, MN, and Eau Claire, WI, by first quarter 2019.
Rocky Brands Net Income Climbs On Wholesale & Retail Strength
Rocky Brands Inc. reported first quarter net income of $3.3 million, or 44 cents per diluted share, up more than double from the company’s net income of $1.5 million, or 20 cents per diluted share, in the first quarter of 2017.
Safilo Shareholders Approve 2017 Financials, New Board, Appointment Of CEO Trocchia
Safilo Group S.p.A. shareholders approved the company’s 2017 financial statement, the appointment of Angelo Trocchia as CEO and a new board of directors at Tuesday’s shareholders meeting.
Nite Ize Wins Two-Year Battle Against International Knockoffs
The International Trade Commission awarded protection for Boulder, CO-based NIte Ize’s Steelie product line with general exclusion order that prevents infringing products from entering U.S.
