SGB Update Outdoor

Marcato Reduces Its Nominees To Deckers Board To Three From Nine

Marcato Capital Management LP, said it is sending a letter to Deckers’ stockholders announcing that it has modified its slate of highly-qualified director nominees for election at the Company’s 2017 Annual Meeting of Stockholders to include Kirsten J. Feldman, Steve Fuller, and Anne Waterman.

Columbia Flagship Closes Temporarily Amid Protests

Columbia Sportswear’s store in downtown Portland closed on Saturday after it faced organized demonstrations. The protests came after CEO Tim Boyle said his company was exploring closing its nearby downtown office because of safety concerns.

OIA Strongly Opposes Expected Move To Shrink Bears Ears

Amy Roberts, executive director of the Outdoor Industry Association (OIA) in an open letter said the organization opposes the Trump administration’s expected move to “severely” reduce the overall size of Bears Ears National Monument in Utah and urged its members to “continue to make our voices heard.”

Ibex Will Cease Operations In February 2018

Ibex released a letter confirming that it’s “in the process of closing down its current business.” The merino apparel brand had indicated earlier in the summer that it was shutting down its wholesale operations to focus on retail.

Billabong Gets Takeover Bid From Quiksilver

Billabong International Limited confirmed that it has received a confidential, indicative and non-binding proposal from Boardriders Inc., formerly known as Quiksilver Inc., to acquire the company in a bid that values the company Australian $198 million (U.S. $150 million).

Columbia And Icebug Partner With Michelin

Columbia and Icebug are the two latest footwear manufacturers to adopt Ice Control Technology developed by the R&D department of Michelin Technical Soles, based in Verona, Italy.

Leave No Trace Center for Outdoor Ethics Announces 2018 Hot Spot Location

With more than 12 billion people visiting public lands each year, the need for Leave No Trace outdoor education is greater than ever before. As part of the Leave No Trace Center for Outdoor Ethics’ Leave No Trace In Every Park initiative, the Hot Spot program is now in its seventh year, having trained more than 50,000 people.

Marcato Sends Letter To Deckers Stockholders 

Marcato Capital Management LP, the activist shareholder group seeking to replace Deckers Brand’s board with its own candidates, is sending a letter to Deckers’ stockholders “urging them to hold Deckers’ Board of Directors accountable for their lack of transparency and oversight, and Deckers’ chronic underperformance” by voting  for its slate of candidates.