SGB Update Outdoor
Columbia Sportswear’s Q3 Tops Estimates
Columbia Sportswear’s third-quarter earnings improved 5 percent on flat revenues. Sales were boosted by its European wholesale and U.S. direct-to-consumer businesses. Improved operating profitability outside the U.S. supported earnings gains.
Deckers Brands Lifts Guidance On Strong Q2
Deckers Brands reported earnings and sales that came in well ahead of guidance in its second quarter ended September 30. Ugg’s sales were down 2.9 percent while Hoka One One jumped 34.4 percent and Teva grew 24.9 percent.
OEKO-TEX Conducts Consumer Textile Sustainability Study
The study of more than 11,000 clothing and home textile consumers around the world examined topics ranging from concerns about climate change to harmful substances in textiles.
Care2 Petition Demands NPS Scrap $70 Entrance Fee Proposal
“At Care2, we think our public lands are for everyone,” the petition reads, “not just those that can afford to these excessive new fees.”
Deckers Concludes Review Of Potential Sale, Launches Stock Buyback Program
As part of that process, Deckers and its advisors contacted 90 potential acquirers, including strategic and financial parties, both domestic and international, but this effort did not result in a transaction.
Grassroots Outdoor Alliance Connect Returns To Knoxville
Grassroots Outdoor Alliance will bring its four-day national buying show to the Knoxville Convention Center, November 7-10, 2017.
Goldwin Acquires Minority Stake In Woolrich International
Goldwin Inc. has acquired a minority stake in Woolrich International as part of a new industrial and financial partnership. The alliance includes the development of a new and premium outdoor collection designed with Goldwin’s state-of-the art technology.
Amer Sports Returns To Growth In Q3
Amer Sports returned to growth on a currency-neutral basis in the third quarter as a 7 percent gain in the Asia Pacific region and a 4 percent climb in the EMEA region offset a 1 percent slide in the Americas. The gains were driven again by apparel, own retail, e-commerce and China.
Squaw Valley/Alpine Meadows Eyes 2019/20 Winter Season For Opening Of California Express Gondola
Squaw Valley Alpine Meadows formally announced its plan to install a base-to-base gondola connecting The Village at Squaw Valley and the base area at Alpine Meadows. The freshly branded “California Express” gondola is targeted to open ahead of the 2019-20 winter season.
Cherokee Appoints Chief Brand And Revenue Officer
Cherokee Global Brands appointed Mark Conway to the newly-created role of chief brand and revenue officer. In this role, conway will oversee new business development, strategic brand planning, ecommerce and marketing and will manage development and oversight of Cherokee Global Brands’ licensee partnerships worldwide.
National Park Service Proposes Steep Fee Hikes At Popular Parks
Visitor fees to America’s most popular national parks, including Yosemite, Grand Canyon and Yellowstone, could more than double to $70 during five peak months under a proposal unveiled Tuesday.
Shimano’s Profits Slump In Nine Months
Shimano reported earnings slumped 46.3 percent in the first nine months of the year due to a weak cycling market.
RECALL: Arc’teryx Procline Boots
In a small number of boots, it has been reported that the axis pin has dislodged, which may cause the skier to lose control or fall and suffer injuries.
Nordica Partners With Promoboxx And Locally.com
Nordica USA, the supplier of performance skis and ski boots, is partnering with Promoboxx and Locally.com to support its brick-and-mortar specialty retailer partners sell online.
Rocky Brands’ Q3 Profits Vault On Meatier Margins
Rocky Brands Inc. reported sales dipped 11.6 percent in the third quarter due to factory disruptions from Hurricanes Maria and Irma as well as “modest shortfalls” for all its brands, but earnings improved significantly on higher margins.
