SGB Update Outdoor

OIA Releases First-Ever Congressional-Level Outdoor Recreation Economy Report

Outdoor Industry Association (OIA) released congressional-level Outdoor Recreation Economy reports for all 435 congressional districts. These reports are the first of their kind that captures the power of a vast multi-billion dollar economic engine in our local communities and across the nation.

Trump Backtracks On TPP Renewal

After floating the possibility on April 12 of rejoining the Trans-Pacific Partnership (TPP),  President Donald Trump wrote on Twitter late Tuesday that he didn’t think the deal was positive for the U.S. economy.

JD Sports Fiscal Year Profit Soars 24 Percent

Fresh off its acquisition of Finish Line Inc., JD Sports Fashion Plc reported profit before tax grew 24 percent to £294.5 million in fiscal year 2018 ended Feb. 3.

Keen Names Kate Sweeney As COO

Keen Inc. has named Kate Sweeney as COO. Sweeney joins the executive leadership at Keen to drive results as the brand continues to build and invest in its future growth.

Jaybird Joins The Conservation Alliance

Sports audio and technology company Jaybird has joined The Conservation Alliance. In conjunction with this news, the company has announced two Earth Day promotions to benefit the organization.

Coleman Launches App To Inspire People To Get Outdoors

The Coleman – Get Outdoors app encourages exploration by allowing users to identify new camping destinations, and a partnership with Recreation.gov delivers users access to more than 25,000 campgrounds and parks directly from the app.

PACT Apparel Closes Second Round Of Funding

Wear Pact LLC (PACT), a Boulder, CO-based ethical and organic apparel basics brand, announced that the company has closed the second round of equity financing with Revelry Brands LLC.

RECALL: Look Pivot Ski Bindings

About 6,900 Look Pivot ski bindings from Rossignol are being recalled. The heel piece on the ski binding can come loose, posing a fall hazard to the skier.

March Retail Sales Increased 5 Percent Over Last Year

March retail sales increased 0.3 percent seasonally adjusted over February and 5 percent year-over-year as the economy continued to grow, the National Retail Federation said. Sporting goods stores were down 0.9 percent year-over-year and down 1.8 percent from February seasonally adjusted.

ACT Lab Adds Phil Bash To Global Sales Team

ACT Lab, the independent, third-party accredited laboratory that conducts safety and compliance testing for the bike and outdoor industries, has announced the addition of Phil Bash to the lab’s global sales team, effective immediately.