SGB Update Outdoor
PeopleForBikes Announces Community Grants
PeopleForBikes, a national organization that funds bike-related initiatives, has announced its latest round of community grants.
Compass Diversified to Acquire 5.11 Tactical
Compass’ acquisition of 5.11 adds tactical apparel and gear to its family of businesses.
New Climbing Cove Open in Tennessee
Denny Cove, a 685-acre parcel of land in eastern Tennessee, has been acquired and opened to climbing.
Black Diamond Equipment Appoints Quality Director
Black Diamond Equipment, which has had several costly recalls since bring manufacturing of carabiners and other hard goods back to its headquarters city of Salt Lake City from China, appointed Rick Vance as director of quality, effective August 1, 2016.
OIWC Issues Letter Teasing its Rebranding
Executive Director of the Outdoor Industries Women’s Coalition (OIWC), Deanne Buck, issued a letter to the trade celebrating the organization’s 20th anniversary and teasing the release of its new branding.
Leading Outdoor Brands Commit to Higg Index
A group of outdoor companies including REI, The North Face and W.L. Gore, have affirmed a commitment to use the Sustainable Apparel Coalition’s Higg Index to improve environmental and social responsibility throughout their supply chains.
Omeals Picks Up Momentum Media PR
Omeals, an outdoor foods brand, has selected Momentum Media PR as its public relations agency of record.
Nemo Hires New North American Sales Director
Nemo Equipment, the outdoor gear manufacturer, announced Mike Welch as its new North American Sales Director.
Activa Capital Invests in Look Cycle
Activa Capital has taken a majority stake in Look Cycle.
Jarden Outdoor’s Organic Sales Flattish in Q2
Newell Brands Inc.’s reported organic sales at the former Jarden Outdoor Solutions segment grew a mere 0.5 percent in the second quarter with growth in Pure Fishing largely offset by weather related declines at winter sensitive businesses such as K2 Sports, Volkl and Marker.
West Marine’s Sales Dip, Despite Positive Comps
The retailer posted 1.1 percent comps growth thanks to robust online sales and growth in softgoods, fishing gear and paddle sports in the second quarter.
Columbia Sportswear Powers Through Q2
Columbia Sportswear Co.’s net sales grew 2 percent and set a record for the historically slow second quarter, despite double-digit declines at two brands.
Rocky Brands Posts Q1 Loss
Rocky Brands Inc. reported a slightly lower loss in its second quarter on a modest drop in revenues.
Sport Chek Unveils New Flagship Store in Toronto
Sport Chek opened its newest flagship retail location at CF Sherway Gardens in Toronto on July 28, 2016.
Deckers Brands Posts Steep Q1 Loss
Deckers Brands reported a steep loss in its fiscal first quarter ended June 30 on an 18.4 percent drop in revenues due largely to the timing of shipments although results came in above internal guidance. Sales were also impacted by a decrease in direct-to-consumer (DTC) comparable sales, and fewer close-out sales.
