SGB Update Outdoor

Kitsbow Donates To Redwood Credit Community Fund

The Sonoma County-based manufacturer of cycling clothing and accessories is donating 50 percent of its total sales from Friday, November 3 to the Redwood Credit Community Fund.

VF Agrees To Acquire Icebreaker

VF Corporation signed a definitive purchase agreement to acquire Icebreaker, the Merino-wool specialist based in Auckland, New Zealand. Terms were not disclosed.

Wolverine Worldwide Completes Portfolio Management Initiatives

Wolverine World Wide Inc. announced the completion of its comprehensive portfolio management initiatives that were executed and expected to be completed during fiscal 2017, including the closures of underperforming stores, sale of the Sebago brand and licensing of the Stride Rite brand.

Spy To Host Customer Of The Future Summit Meeting

Spy, in conjunction with Instinct Laboratory, is bringing together brands, retailers and marketing specialists in the Southern California action and outdoor sports industries for a workshop to brainstorm ways to engage with the modern consumer.

AAFA Applauds Launch Of GSP Footwear Bill

The American Apparel & Footwear Association welcomed Senate introduction of a bill to designate certain footwear as eligible for the Generalized System of Preferences (GSP) program.

Downlite Appoints VP Quality Assurance And Compliance

In its ongoing effort to ensure continued leadership in international quality assurance, product integrity and quality compliance, Downlite has appointed Clive Wilkie as vice president, quality assurance & compliance.

Newell’s Play Segment Shows Modest Q3 Growth

Newell Brands Inc. reported that its Play segment, formerly K2’s Outdoor Solutions segment, generated net sales of $611 million in the third quarter, a 2.4 percent increase compared with $597 million in the prior year. Core sales grew 2.3 percent, reflecting growth in all three businesses with strong increases in Team Sports and Fishing.

Dorel Sports Revenues Tumble In Q3

Dorel Industries Inc. reported third-quarter sales in its Dorel Sports segment decreased $45.2 million, or 18 percent, to $205.5 million from $250.7 million last year.

Arc’teryx To Open Ski Academy In Grand Tetons

Arc’teryx has expanded its collection of educational mountain-skills symposiums to include the new Arc’teryx Backcountry Ski & Snowboard Academy, scheduled to be held February 9- 11, 2018 in Jackson Hole, WY.

GoPro’s Q3 Sales Jump 37 Percent

GoPro’s results in the latest quarter exceeded Wall Street’s targets although its fourth-quarter guidance was below Wall Street estimates.