SGB Update Outdoor
Osprey Appoints New Hires
Osprey Packs welcomed a new vice president of operations, new directors of design and production and hired a vice president of innovation.
Deckers Brands Appoints William L. McComb To Board
Deckers Brands appointed William L. McComb to its board of directors.
Vista Outdoor To Explore Divestitures On Non-Core Brands
Vista Outdoor Inc. reported that the company plans to explore the divestiture of the Sports Protection brands (e.g. Bell, Gir, and Blackburn), Jimmy Styks paddle boards, and Savage and Stevens firearms as part of a strategic business transformation plan.
Thule’s Q1 Profits Climb 12 Percent
Thule Group AB reported first-quarter earnings jumped 11.9 percent to SEK 220 million as revenue improved 5.6 percent to SEK 1.6 billion.
L.L.Bean To Open Store In Hilldale
L.L.Bean plans to open the company’s second Wisconsin store May 11 with giveaways and an outdoor party.
Gander Outdoors Prepares For Grand Opening In Greensboro, NC
The store will be be one of five Gander Outdoors retail locations in North Carolina.
Inov-8 Named Official Footwear Of OCR World Championships
The Obstacle Course Racing (OCR) World Championships announced that Inov-8 has signed on the Official Footwear Brand of the 2018 championships.
Implus Acquires Winter Traction Brand Stabil
Implus, a Durham, NC-based provider of athletic, fitness and outdoor accessories, has acquired 32 North Corp., dba Stabil, the maker of Stabilicers, Stat-A-Rest and Stabil Turf performance footwear traction products made in the U.S. and Canada. Terms were not disclosed.
Amer Sports Acquires Peak Performance
Amer Sports Corporation has acquired all the shares and related businesses of Peak Performance AB from the Danish fashion company IC Group.
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.
