SGB Update Outdoor
Helinox To Open North American Office
Helinox, the Korean-based leader in high performance collapsible furniture, has announced plans to launch a U.S.-based subsidiary, Helinox USA. The initiative will be led by industry veterans Sally McCoy and Ted Ganio with McCoy serving as the Executive Chair of the Board and Ganio as CEO.
Bridgedale and Joy Of Sox Donate 16,000 Pairs Of Socks To The Homeless Community
Bridgedale Outdoor Ltd, a global market leader in the manufacture of performance socks, is donating 16,000 Merino Hiker socks to the nonprofit organization The Joy of Sox.
Patagonia Partners On Regenerative Organic Certification Launch
The Regenerative Organic Alliance, a diverse coalition of organizations and businesses led by Rodale Institute as board chair and spearheaded by Dr. David Bronner and Patagonia in the areas of farming, ranching, soil health, animal welfare, and farmer and worker fairness, announced the unveiling of the Regenerative Organic Certification (ROC), which will officially launch this year at Natural Products Expo West, 2018.
Rocky Brands Announces New Share Repurchase Program
Rocky Brands Inc. announced that its board of directors has approved a new share repurchase program of up to $7.5 million of the company’s outstanding common stock.
Deckers Outdoor’s CFO To Step Down
Deckers Outdoor Corporation said in a regulatory filing that, after nine years of valuable contributions and dedicated service to the company, Thomas A. George will be stepping down as chief financial officer of the company to pursue other interests.
LL Bean Raises Age To Buy Rifles To 21
L.L. Bean became the latest retailer to announce that it will no longer sell guns or ammunition to customers younger than 21.
Gita Sporting Goods Furthers Partnership With Pinarello
The newly formed Pinarello US is a fully owned subsidiary of the Italian Cicli Pinarello and is led by company president, David Vigil.
Johnson Outdoors Announces 20 Percent Increase In Cash Dividend
Johnson Outdoors Inc. announced approval by its board of directors of a quarterly cash dividend of 12 cents per class A share and $0.1091 per class B share – an 20 percent increase from the previous dividend rate announced on December 8, 2017.
Starboard Issues Letter To Newell Shareholders
Starboard Value LP, the hedge fund, said on Monday it nominated two additional directors to the board of Newell Brands Inc, bringing its total nominees to 12 as the activist investor seeks to replace Newell’s board and CEO.
REI And MEC Suspend Shipments From Vista Outdoor
Both REI and Canada’s MEC (Mountain Equipment Co-op) late Thursday said they have suspended orders from Vista Outdoor due to the company’s manufacture of semi-automatic rifles. Vista Outdoor’s brands in the outdoor and cycling space include Bell, Blackburn, Bollé, Bushnell, CamelBak, Camp Chef, Giro and Jimmy Styks. CamelBak issued a statement on the changes.
Industrial Revolution Adds Rep Group
Colorado-based Granite Marketing Inc. will represent IR’s wholesale partners in the Rocky Mountains territory, including Wyoming, Utah, Colorado and New Mexico.
Turtle Fur Partners With Locally
Locally, an online store and product locator, is now integrated into turtlefur.com, connecting consumers with Turtle Fur products currently available at their local shop.
Target Announces Limited-Edition Collaboration With Hunter
Target Corp. announced a limited-edition spring collaboration with Hunter, known for its iconic Original Wellington boot.
SMC/SSL Winter Sports Market Headed To Salt Lake City
Sports Specialists, Ltd. (SSL) of Golden CO and Snowsports Merchandising Corp. (SMC) of Springfield MA, co-hosts of the Winter Sports Market, announced a change beginning in 2019, and will call Salt Lake City its new home.
CODI’s Q4 Earnings Climb
Compass Diversified Holdings, the owner of Crosman, 5.11, Liberty Safe and other middle-market brands, reported a sharp gain in earnings in the fourth quarter ended December 31 due to a tax benefit. Cash flow from operations improved slightly.
