SGB Update Outdoor
Kitbow Cycling Apparel Appoints Blum and Herrick To The Board
Industry veterans Paul Blum and Andrew Herrick have joined the board of privately-held Kitsbow Cycling Apparel.
Elan Skis Supports Brand Growth With New U.S. Subsidiary
Elan Skis, the Slovenian-based legacy supplier of handcrafted skis, announced the new formation of Elan Sports USA, an independent subsidiary of Elan d.o.o., effective immediately, under the leadership of Gary Fleming as president.
REI Co-op To Open In Kalispell, MT
This fall, REI will open a new store in Kalispell in Montana, the third store in the state.
Squaw Valley Alpine Meadows Continues S.W.A.G. Partnership
Squaw Valley Alpine Meadows plans to continue its partnership with the National Ski Areas Association’s winter gear collection program, Sharing Warmth Around the Globe (S.W.A.G.).
Starboard To Continue Proxy Fight Against Newell Brands
Starboard Value LP, the activist hedge fund seeking to replace Newell Brands’ board, plans to press ahead with a proxy fight at Newell Brands Inc. despite the company giving billionaire investor Carl Icahn four board seats, according to a regulatory filing.
OIA Issues Statement On China Tariffs
The Outdoor Industry Association (OIA) said that while apparel, footwear and travel goods were not included on the United States Trade Representative’s initial list of products from China subject to higher tariffs, the organization will will continue to make the case that outdoor products should not be included on the final list.
VF Corp. Completes Acquisition Of Icebreaker
VF Corp. has completed the company’s previously-announced acquisition of Icebreaker Holdings, Ltd., a privately-held company based in Auckland, New Zealand. The purchase price was about $200 million.
Apparel And Footwear Spared From China Tariff List
The Office of the U.S. Trade Representative released its list of about 1,300 Chinese exports – worth about $50 billion annually – that it intends to target with 25 percent tariffs. The list doesn’t target apparel and footwear products directly, but it does include the machinery and tools used to produce those products.
Toyota To Carry Yakima Accessories In Dealerships Nationwide
Under a new partnership, Yakima’s vehicle racks, bike, ski and boat mounts, cargo boxes, and other cargo management accessories will be sold in participating Toyota dealers nationwide.
OBIT: Bob Beattie
Bob Beattie, founding coach of the U.S. Ski Team and one of the originators of the Alpine Ski World Cup, has passed away at the age of 85.
Newell Brands To Nominate David Atchison To Board of Directors
Atchison is the final independent nominee pursuant to the cooperation agreement Newell Brands entered into with Carl C. Icahn, chairman of Icahn Enterprises LP (IEP), on March 19.
Under Armour And Nike Sales Decline At Dick’s In 2017
Apparently due to the company’s rapidly-expanding private label business, Dick’s Sporting Goods sold less of both Nike and Under Armour product in 2017 versus the prior year, according to the retailer’s just-released annual 10K report.
Gander Outdoors Sets Grand Opening In Coldwater, MI
The 33,000-square-foot store will be one of eight Gander Outdoors retail locations in Michigan.
Sellmark Corp. Announces Promotions
Sellmark Corporation promoted Jeff Murray to executive vice president of sales and Carl Stout to territory team senior sales manager.
China Hits U.S. With Food Tariffs
China raised import duties on a $3 billion list of U.S. pork, apples and other products Monday in retaliation for the Trump Administration’s tariffs on steel and aluminum.
