SGB Update Outdoor
Vista Outdoor Q1 Exceeds Wall Street’s Targets
Vista Outdoor Inc.’s earnings and sales dropped in its fiscal first quarter, but results exceeded Wall Street’s expectations and the company reaffirmed its guidance for the year.
Canada Goose’s Revenues Vault In Q1
Canada Goose Holdings Inc. reported sales jumped 79.6 percent in its fiscal first quarter, boosted by its direct-to-consumer segment and earlier-than-expected wholesale shipments.
Beeline Bikes To Open 25 Mobile Shops Across Eight New Territories
The new shops will expand the brand’s current U.S. fleet to more than 60 mobile shops.
Ruffwear Contributes $50,000 To The Conservation Alliance
The Conservation Alliance will direct the funds into its new Public Lands Defense Fund, created by the organization to preserve and defend the integrity of our public lands system.
Columbia’s ReThreads Recycling Program Expands U.S. Stores
Columbia Sportswear is rolling out its ReThreads program in more than 100 Columbia stores across the United States to help people recycle used clothing and footwear.
Weyco Group’s Q2 Sales Up Slightly
Weyco Group Inc. reported net sales for the second quarter of 2017 were $57.5 million, up 1 percent as compared to second quarter 2016 net sales of $56.9 million. Bogs’ sales were flat.
Summit Sports Acquires SnowSportDeals.com
Summit Sports acquired Kentucky-based Loucon LLC, which operates SnowSportDeals.com.
Nixon Appoints Scott Kerslake CEO
Nixon, the California-based watch and accessory brand, announced that Scott Kerslake, formerly Prana’s president, has been selected as its new chief executive officer.
Crocs Q2 Earnings Climb
Crocs Inc. reported earnings rose 65.8 percent excluding non-recurring charges in the second quarter as improved margins and expense management offset a 3.3 percent decline in sales.
Wolverine Worldwide Lifts Guidance On Above-Plan Q2
Wolverine Worldwide raised its guidance for the year after reporting second-quarter results that topped Wall Street’s targets. Benefiting from its transformation initiatives, most brands exceeded revenue expectations for the quarter while also over-delivering on operating profit goals.
Sole Appoints Hawaiian Reps
Sole announced a new partnership with John Akana and his team at ANH International Marketing Group, who will be representing the footbed brand in Hawai.
Kelty Recognized By The Conservation Alliance
Kelty was awarded The Conservation Alliance’s 2017 Outstanding Partnership Award, presented at Outdoor Retailer Summer Market 2017 for the company’s continued contributions to Conservation Colorado.
West Marine Sees Fatter Margins Offset Lower Q2 Sales
West Marine Inc., which on June 29 agreed to be acquired by a private equity firm, reported basically flat earnings before charges in the second quarter as fewer markdowns offset a small sales decline.
Walmart Heirs Acquire Rapha
Rapha, the British cycling lifestyle brand, stated that U.S.-based RZC Investments is now the majority shareholder in the business.
Rossignol Debuts Mountain Bike Collection For Spring 2018
Following the acquisitions of Time Sport and Felt Bicycles, the Rossignol Group will continue its expansion into the cycling market with the introduction of a new Rossignol Bike collection.
