SGB Update Outdoor

Under Armour Takes Hit on Sports Authority Bankruptcy

Under Armour Inc. said it was revising its previously issued outlook for the full year and second quarter of 2016 following recent developments related to the bankruptcy of The Sports Authority. The company will take a $23 million impairment charge.

Outdoor Gear Canada to Distribute Marzocchi

Fox Factory Holding Corporation and Outdoor Gear Canada (OGC) have reached a multi-year distribution agreement making OGC Marzocchi’s exclusive distributor for Canada.

Salewa Honors Winter 2015/16 Reps

Salewa North America, which distributes the Dynafit, Salewa, Wild Country and Pomoca brands in the United States and Canada, announced it’s sales rep awards.

American Hiking Society Advocates Urban Trail Systems

American Hiking Society released a report advocating creation of trails as a way to address the many health issues facing the American public due to physical inactivity during a media event on Capitol Hill Sunday.

Evo Expanding to Denver via Acquisition

Evo, the Seattle-based action sports and outdoor retailer that opened a location in Portland, Ore. in 2014, is expanding to Denver, Colo. via an acquisition of Edgeworks and The Bicycle Doctor stores in the Mile High City.

RECALL: 31,000 Osprey Poco AG Child Carriers

Osprey is recalling about 31,000 Poco AG backpacks for carrying children because a cut in the plastic buckle on the shoulder strap can cause the shoulder strap to release, posing a fall hazard to a child in the carrier.

Deckers Brands Anoints Powers as Next CEO

Deckers Brands announced Dave Powers will succeed Angel Martinez as chief executive officer of Deckers Brands following Martinez’s retirement, effective May 31.

Canyon Bicycle GmbH to Enter U.S. Market in 2017

Canyon Bicycles GmbH will expand to the United States in 2017 via a new partnership with TSG Consumer Partners LLC, the same private equity firm that acquired Backcountry.com last year.